UAE Shared Mobility Market - By Service Type (Two-Wheeler Sharing, Ride Hailing, Ride Sharing, Car Rental, Car Sharing, Bus/Shuttle Service), By Commuting Pattern (Daily Commuting, Last-Mile Connectiv... ... Last-Mile Connectivity, Occasional Commuting, Others), By Booking Type (On-Line, Off-Line), By End User (Leisure, Business, Others), By Vehicle Type (ICE [Internal Combustion Engine], EV [Electric Vehicle]) and Others Read more
- ICT & Electronics
- Dec 2021
- 112
- PDF, Excel, PPT
Market Overview
The automotive industry of the UAE is undergoing rapid transformations. Trends like electrification of public transport, shared mobility, autonomous vehicles, etc., are positively influencing the UAE automotive sector. People across the country are now opting for more cost-effective & convenient alternatives to car ownership. It shall help relocate road space, make driving less stressful, and lead to fewer road accidents. Hence, to move forward in a better future, there is a desperate need to change the urban mobility system by adopting shared mobility.
According to MarkNtel Advisors, 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.
Strict regulations toward controlling the carbon emissions in the country, coupled with massive investments by the automotive companies in green mobility solutions, are also driving the market. Moreover, the increasing consumer preference toward electric vehicles for cost-effective, comfortable, & clean traveling is likely to create lucrative growth opportunities for the UAE Shared Mobility Market in the coming years, further states the research report, “UAE Shared Mobility Market Analysis, 2021.”
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2016-19 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| CAGR (2021-2026) | 25.1% |
| Region Cover | Dubai, Sharjah & North Emirates, Abu Dhabi & Ain |
| Key Companies Profiled | Uber, DiDi Chuxing, Drive Now, Lyft, Ekar, Udrive, Arabia Taxi, Car Tax, City Taxi, Dubai Taxi, Metro Taxi, National Taxi, One Road |
| Unit Denominations | USD Million/Billion |
Impact of Covid-19 on the UAE Shared Mobility Market
- Due to the Covid-19 pandemic in 2020, the overall transportation sector of the UAE witnessed adverse effects, and the Shared Mobility Market was no exception.
- The restricted number of tourists, reduced mobility, & and the introduction of remote working in offices severely impacted the demand for shared mobility services in the UAE.
- Moreover, social distancing protocols set by the local authorities to minimize the virus spread further dampened the market dynamics and caused considerable losses to the market players.
- Lately, in 2021, the market started reviving itself. However, the precautionary approach of citizens and reduced inflow of tourists would continue to haunt the companies operating in this industry over the coming years.
- In addition, the gradually reducing impact of Covid-19, coupled with various measures taken by the companies to ensure passenger safety, is likely to propel the market growth in the coming years.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- The UAE Transportation Market Overview
- Customer Choice for Taxi
- Taxi Fares
- Key Trends in UAE
- Customer Opinion
- Key Factors Impacting Usage of Public Transport
- The UAE Shared Mobility Market Policies, Regulations, and Product Standards
- The UAE Shared Mobility Market Supply Chain Outlook
- The UAE Shared Mobility Market Trends & Developments
- The UAE Shared Mobility Market Dynamics
- Growth Drivers
- Challenges
- The UAE Shared Mobility Market Hotspot & Opportunities
- The UAE Shared Mobility Market Outlook, 2020-2030F
- Market Size & Outlook
- By Revenue (USD Million)
- Market Share & Outlook
- By Service Type
- Two-Wheeler Sharing- Market Size & Forecast 2020-2030, USD Million
- Ride Hailing- Market Size & Forecast 2020-2030, USD Million
- Ride Sharing- Market Size & Forecast 2020-2030, USD Million
- Car Rental- Market Size & Forecast 2020-2030, USD Million
- Car Sharing- Market Size & Forecast 2020-2030, USD Million
- Bus/Shuttle Service- Market Size & Forecast 2020-2030, USD Million
- By Commuting Pattern
- Daily Commuting- Market Size & Forecast 2020-2030, USD Million
- Last-Mile Connectivity- Market Size & Forecast 2020-2030, USD Million
- Occasional Commuting- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
- By Booking Type
- On-Line- Market Size & Forecast 2020-2030, USD Million
- Off-Line- Market Size & Forecast 2020-2030, USD Million
- By End User
- Leisure- Market Size & Forecast 2020-2030, USD Million
- Business- Market Size & Forecast 2020-2030, USD Million
- Others (Emergency etc.)- Market Size & Forecast 2020-2030, USD Million
- By Vehicle Type
- ICE (Internal Combustion Engine)- Market Size & Forecast 2020-2030, USD Million
- EV (Electric Vehicle)- Market Size & Forecast 2020-2030, USD Million
- By Region
- Dubai
- Sharjah & North Emirates
- Abu Dhabi & Ain
- By Company
- Company Revenue Shares
- Competitor Characteristics
- By Service Type
- Market Size & Outlook
- The UAE Two-Wheeler Sharing Shared Mobility Market Outlook, 2020-2030F
- Market Size & Outlook
- By Revenues (USD Million)
- Market Share & Outlook
- By Commuting Pattern- Market Size & Forecast 2020-2030, USD Million
- By Booking Type- Market Size & Forecast 2020-2030, USD Million
- By End User- Market Size & Forecast 2020-2030, USD Million
- By Vehicle Type- Market Size & Forecast 2020-2030, USD Million
- Market Size & Outlook
- The UAE Ride Hailing Shared Mobility Market Outlook, 2020-2030F
- Market Size & Outlook
- By Revenues (USD Million)
- Market Share & Outlook
- By Commuting Pattern- Market Size & Forecast 2020-2030, USD Million
- By Booking Type- Market Size & Forecast 2020-2030, USD Million
- By End User- Market Size & Forecast 2020-2030, USD Million
- By Vehicle Type- Market Size & Forecast 2020-2030, USD Million
- Market Size & Outlook
- The UAE Ride Sharing Shared Mobility Market Outlook, 2020-2030F
- Market Size & Outlook
- By Revenues (USD Million)
- Market Share & Outlook
- By Commuting Pattern- Market Size & Forecast 2020-2030, USD Million
- By Booking Type- Market Size & Forecast 2020-2030, USD Million
- By End User- Market Size & Forecast 2020-2030, USD Million
- By Vehicle Type- Market Size & Forecast 2020-2030, USD Million
- Market Size & Outlook
- The UAE Car Rental Shared Mobility Market Outlook, 2020-2030F
- Market Size & Outlook
- By Revenues (USD Million)
- Market Share & Outlook
- By Commuting Pattern- Market Size & Forecast 2020-2030, USD Million
- By Booking Type- Market Size & Forecast 2020-2030, USD Million
- By End User- Market Size & Forecast 2020-2030, USD Million
- By Vehicle Type- Market Size & Forecast 2020-2030, USD Million
- Market Size & Outlook
- The UAE Car Sharing Shared Mobility Market Outlook, 2020-2030F
- Market Size & Outlook
- By Revenues (USD Million)
- Market Share & Outlook
- By Commuting Pattern- Market Size & Forecast 2020-2030, USD Million
- By Booking Type- Market Size & Forecast 2020-2030, USD Million
- By End User- Market Size & Forecast 2020-2030, USD Million
- By Vehicle Type- Market Size & Forecast 2020-2030, USD Million
- Market Size & Outlook
- The UAE Bus/Shuttle Service Shared Mobility Market Outlook, 2020-2030F
- Market Size & Outlook
- By Revenues (USD Million)
- Market Share & Outlook
- By Commuting Pattern- Market Size & Forecast 2020-2030, USD Million
- By Booking Type- Market Size & Forecast 2020-2030, USD Million
- By End User- Market Size & Forecast 2020-2030, USD Million
- By Vehicle Type- Market Size & Forecast 2020-2030, USD Million
- Market Size & Outlook
- The UAE Shared Mobility Market Key Strategic Imperatives for Growth & Success
- Competitive Outlook
- Company Profiles
- Uber Technologies Inc
- Business Description
- Service Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Careem
- Business Description
- Service Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- ekar
- Business Description
- Service Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- U DRIVE RENT A CAR L.L.C
- Business Description
- Service Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Fenix
- Business Description
- Service Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Swvl Holdings Corp
- Business Description
- Service Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Yassir
- Business Description
- Service Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Telgani
- Business Description
- Service Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Lyft Inc
- Business Description
- Service Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Yango
- Business Description
- Service Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Uber Technologies Inc
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making