Future of E-Scooter Sharing Market: Size, Share & Forecasts to 2029

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What Is the Projected Market Size Valuation of the E-Scooter Sharing Market by 2025?
The market size of e-scooter sharing has witnessed a substantial increase in the past few years. The market is projected to surge from $1.33 billion in 2024 to $1.54 billion in 2025, marking a compound annual growth rate (CAGR) of 16.1%. This significant rise during the historic period is due to factors such as urbanization, advances in mobile technology, investments and funding, improved last-mile connectivity, and a shifting inclination towards sustainable modes of transportation.

What Is the Estimated Market Growth Value for the E-Scooter Sharing Industry in 2029?
The market size of e-scooter sharing is projected to experience substantial expansion in the coming years, reaching a hefty value of $2.76 billion in 2029 with a compound annual growth rate (CAGR) of 15.7%. This accelerated growth over the forecast period is likely due to factors such as penetration into new territories, diversification in service offerings, enhancements in user interaction, smart city programs, and the rise of micromobility hubs. Key trends predicted within the forecast period incorporate spreading into suburban and rural locations, the addition of dockless charging stations, the emergence of subscription-based services, the utilization of artificial intelligence, and collaborations with local enterprises.

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What Are the Strategic Drivers Boosting E-Scooter Sharing Market Performance?
Rising greenhouse gas and carbon emissions are believed to be a positive drive for the expansion of the e-scooter-sharing market. Greenhouse gases cause the warming of the planet by confining heat in the Earth's atmosphere. Carbon emissions come primarily from burning fossil fuels like coal, oil, and gas, releasing carbon dioxide (CO2) into the air. The primary causes for these emissions are human activities, such as burning fossil fuels, deforestation, industrial and agricultural practices. E-scooter-sharing services can help diminish these emissions by advocating for sustainable transportation, lessening dependency on vehicles, providing end-to-end connectivity, promoting changes in transportation modes, and reducing energy use. For example, in August 2024, the International Energy Agency, an intergovernmental organization based in France, reported that global CO2 emissions from fuel combustion had risen by 1.3% in 2022, surpassing pre-COVID-19 levels. China and the United States were responsible for 45% of these emissions, trailed by the European Union, India, Russia, and Japan. So, the escalation in greenhouse gas and carbon emissions is catalyzing the growth of the e-scooter-sharing market.

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What Are the Primary Segments Covered in the Global E-Scooter Sharing Market Report?
The e-scooter sharing market covered in this report is segmented -

1) By Type: Free-Floating, Station-Bound
2) By Distribution Channel: Online, Offline
3) By End-User: Personal, Commercial

Subsegments:
1) By Free-Floating: GPS-Enabled E-Scooters, Smartphone App-Based Rentals
2) By Station-Bound: Docking Station-Based Rentals, Fixed Station Locations

What Are the Top Growth Trends in the E-Scooter Sharing Market?
Leading businesses in the e-scooter-sharing market are concentrating on creating inventive services, such as shared mobility solutions, to refine user comfort and boost operational effectiveness. Shared mobility services pertain to transport systems where vehicles or rides are distributed among numerous users, including car-sharing, bike-sharing, and ride-hailing, all aimed towards decreasing personal car possession and encouraging sustainable commuting. For example, Dott, a micromobility company hailing from the Netherlands, in April 2022, introduced its shared e-scooter facility in the streets of Stockholm, Sweden. Dott's e-scooters in Stockholm provide an exclusive transport solution with 1,500 units specifically designed to promote safety and convenience. The e-scooters come equipped with large wheels, abundant lighting (at the front, rear, and indicators), triple braking, and license plates. The scooters are regulated by a software system that imposes a maximum speed limit of 20 km/h and sets up slow and no-ride zones. Furthermore, the company promotes responsible riding through e-learning modules accessible via the Dott app, ensuring not only safety but also a smooth commuting experience for both residents and tourists.

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Which Companies Are Shaping the Future of the E-Scooter Sharing Market?
Major companies operating in the e-scooter sharing market are Xiaomi Corporation, Helbiz Inc., Lyft Inc., Coup Mobility GmbH, Gogoro Inc., VOI Technology, Tier Mobility, Cooltra Corporate S.L., Hellobike, LimeBike Inc., Bird Rides Inc., Felyx B.V., GoTo Global Mobility Ltd., Beam Mobility Holdings Pte Ltd., Wheels Labs Inc., Neuron Mobility Pte Ltd., OjO Electric LLC., Inokim Electric Scooters, Ridepanda Inc., Wind Mobility Ltd., Circ Mobility GmbH

Which Region Holds the Largest Market Share in the E-Scooter Sharing Industry?
Europe was the largest region in the e-scooter sharing market in 2024. The regions covered in the e-scooter sharing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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