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The car sharing market size is forecast to increase by USD 17.59 billion at a CAGR of 21.12% between 2023 and 2028. The market is experiencing significant growth, driven by factors such as increasing consumer preference for flexible mobility solutions and the rise of intracity and intercity services. Contracts with flexible periods cater to the varying needs of commuters, road trippers, and those running errands. The market offers two primary models: the free float model, which allows users to pick up and drop off vehicles as needed, and the stationary model, where users reserve vehicles from designated parking spots. Stringent government regulations, including those regarding emission control and car sharing services, pose challenges to market growth. However, increasing investments in autonomous car production are expected to revolutionize the industry, offering new opportunities for market expansion.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Mode of Booking
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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