Global Bike And Scooter Rental Market
Bike and Scooter Rental Market Size And Forecast
According to Verified Market Research, the Global Bike and Scooter Rental Market was valued at USD 2.00 Billion in 2018 and is projected to reach USD 7.88 Billion by 2026, growing at a CAGR of 18.6 % from 2019 to 2026.
Global Bike and Scooter Rental Market Outlook
The bike and scooter rental market is experiencing significant growth owing to the increasing adaption for the micro-mobility services as an easy means and budget-friendly mode of transportation. The need for the development of sustainable means of transportation is the other important factor driving the growth of the market. In addition, the government focus on the reduction of traffic congestion is the other factor imposing a positive outlook on the market growth. However, the unavailability of the micro-mobility station is expected to hamper the market growth.
Global Bike and Scooter Rental Market Competitive Landscape
The Global Bike and Scooter Rental Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as nextbike, Lyft, Inc., Cityscoot, Lime, Bird, ofo, Grow Mobility, Jump, Bolt and COUP.
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