Future of the UAE Shared Mobility Market - Growth, Size, and Top Player, & Analysis Report for 2021-2026

MarkNtel Advisors analyses the growth rate of the UAE Shared Mobility market in the forecast period from 2021 to 2026. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the UAE Shared Mobility market, helping them make informed decisions.

Market Outlook – 2021-2026:

The UAE Shared Mobility Market is anticipated to grow at a CAGR of around 25.1% during the forecast period, i.e., 2021-26. The growth of the market attributes primarily to the increasing focus of the UAE government on implementing environment-friendly mobility solutions and mounting adoption of connected technologies. Shared Mobility is gaining immense popularity across the UAE since it is a cost-effective solution that eliminates problems associated with traffic congestions & parking spaces.

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Key Company Profiles

This report explores recent significant developments in the UAE Shared Mobility Market, focusing on the leading companies and their innovative profiles. The major players in the UAE Shared Mobility Market, featured in this report, include:

Uber
DiDi Chuxing
Drive Now
Lyft
Ekar
Udrive
Arabia Taxi
Car Tax
City Taxi
Dubai Taxi
Metro Taxi
National Taxi
One Road

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Market Segmentation & Coverage

This research report by MarkNtel Advisors categorizes the UAE Shared Mobility Market to forecast revenues and analyse trends across each of the following sub-markets:

By Service Type
- Two-Wheeler Sharing
- Ride Hailing
- Ride Sharing
- Car Rental
- Car Sharing
- Bus/Shuttle Service

Among all services, Car Sharing & Ride-Hailing are the most prominent services used by UAE customers. As a result, various companies like Udrive are well-utilizing this opportunity by expanding their services across the UAE to fulfill additional consumer demands.

By Commuting Pattern
- Daily Commuting
- Last-Mile Connectivity
- Occasional Commuting
- Others
By Booking Type
- On-Line
- Off-Line
By End User
- Leisure
- Business
- Others (Emergency etc.)
By Region
- Dubai
- Sharjah & North Emirates
- Abu Dhabi & Ain

Key Drivers: Increasing Traffic across the UAE to Drive Customers Toward Using Shared Mobility Solutions

With growing population, the problem of traffic congestion is increasing astronomically. According to the TomTom Traffic Index, Abu Dhabi ranked 399 in terms of traffic congestion levels. Morning hours’ rush in the UAE leads to extra traveling hours. Hence, traffic congestion adds extra cost to economies due to the loss of working hours. Hence, more usage of shared mobility services is expected to help eliminate the problems cited above. Cited-below are a few other aspects expected to drive the market:

Convenience & cost-effectiveness of shared mobility services
Various government initiatives to encourage the adoption of shared mobility services across the UAE owing to environmental concerns & lack of parking spaces

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Key Questions Addressed:

Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?

About Us:

We are a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.