PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1398859
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1398859
Public-private Partnerships, Regulatory Landscape, and Technological Innovation to Drive $12.70 Billion in Revenue Potential by 2030
The burgeoning kick scooter sharing industry has emerged as a transformative force in urban mobility, changing the way people navigate cityscapes across North America and Europe. This comprehensive study, spanning 2021 to 2030, sheds light on the trajectory of fleet size and gross merchandise value (GMV) across both regions. The GMV for the kick scooter sharing industry totaled about $2 billion in 2022 and is set to increase at a compound annual growth rate of 25.9% to hit $12.70 billion by 2030.
As urban centers grapple with congestion and pollution, kick scooter sharing has emerged as a sustainable, flexible, and convenient solution. This study offers an overview of the industry's progress, highlighting the vital role it plays in creating more equitable and efficient urban environments. From equal access to innovative safety measures and intelligent vehicles, this research serves as an invaluable resource for stakeholders in urban mobility, policy-makers, and anyone invested in shaping the cities of tomorrow.
In conclusion, the study's findings provide a roadmap for the future in which kick scooters are not only here to stay but set to thrive, transforming the way people move in urban landscapes throughout North America and Europe.