Micromobility Telematics Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024-2030)

Description

Key Highlights

The micromobility telematics market was valued at USD 1,924.9 million in 2023, and it will increase to USD 10,177.4 million, powering at over 26.0% compound annual growth rate, by 2030.

The increasing need for first- and last-mile transport is a major factor boosting the industry growth. The mobility services offered by carsharing, ride-hailing, and various other similar companies have been ineffective in efficiently offering first- and last-mile transport.

Micromobility services provide choices for shorter distances, of less than 3.1 miles (5 km) per trip.

These services are generally provided through the station-less or dock-less model, which enables users to drop off the automobile at any location according to their suitability, which is further driving in first- and last-mile traveling.

A key trend being observed in this industry is the influx of large funding. Key companies, coupled with many startups, are getting investments from many venture capitalists.

VULOG SA, in January 2021, received an investment of USD 31 million from ETF Partners, Frog Capital, Ecotechnologies Fund, Bpifrance, Inven Capital, and European Investment Bank.

Such investments are being utilized by the companies to enhance their presence globally and improve their service and product portfolios.

Market Insights

The bike-sharing category is likely to be the largest contributor, with approximately 45% share, and generate over USD 4.5 billion in revenue by 2030. The increasing consciousness about the environment is driving the category expansion.

The scooter/motorcycle category is likely to advance at the fastest rate, of 27.3%, in the years to come. Because of their great convenience, scooters/motorcycles, particularly electric ones, are continuously emerging as a favored option among users for short-distance travel.

The GPS category led the industry in 2023, with approximately 35% share. Automobiles armed with GPS provide users and service providers with information regarding their exact location.

With most micromobility firms providing dockless services, GPS has become a major component of the overall ecosystem.

The embedded category accounted for the largest share of the industry in 2023, of approximately 50%. This technology is favored among end users because it offers fleet managers with real-time access to an automobile's locations and allows greater communication with fleet operator systems.

APAC was the largest contributor to the industry in 2023, with approximately 55% share. This is primarily because of the region's high funding in technology startups.

The APAC industry is led by China, South Korea, India, and Japan, because of the arrival of technology startups, which are generally focusing on solutions for dock-less bike sharing systems.

The MEA will propel at the fastest rate, of more than 27.4%, in the years to come. This is because of the shift in customer liking, rising acceptance of connected technologies, and shifting government emphasis toward eco-friendly solutions.

The rising need for shared mobility is because of the higher rate of vehicle utilization, which will further drive the growth of the industry in the years to come.

The micromobility telematics industry is highly fragmented, because of the presence of several global and domestic companies. The continuous arrival of new players is impacting the recognized as well as new service providers.

Product Code: 11865

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by service type
- 1.4.2. Market size breakdown, by offering
- 1.4.3. Market size breakdown, by technology
- 1.4.4. Market size breakdown, by sharing type
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Service Type (2017-2030)
6.3. Market Revenue, by Offering (2017-2030)
6.4. Market Revenue, by Technology (2017-2030)
6.5. Market Revenue, by Sharing Type (2017-2030)
6.6. Market Revenue, by Region (2017-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Service Type (2017-2030)
7.3. Market Revenue, by Offering (2017-2030)
7.4. Market Revenue, by Technology (2017-2030)
7.5. Market Revenue, by Sharing Type (2017-2030)
7.6. Market Revenue, by Country (2017-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Service Type (2017-2030)
8.3. Market Revenue, by Offering (2017-2030)
8.4. Market Revenue, by Technology (2017-2030)
8.5. Market Revenue, by Sharing Type (2017-2030)
8.6. Market Revenue, by Country (2017-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Service Type (2017-2030)
9.3. Market Revenue, by Offering (2017-2030)
9.4. Market Revenue, by Technology (2017-2030)
9.5. Market Revenue, by Sharing Type (2017-2030)
9.6. Market Revenue, by Country (2017-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Service Type (2017-2030)
10.3. Market Revenue, by Offering (2017-2030)
10.4. Market Revenue, by Technology (2017-2030)
10.5. Market Revenue, by Sharing Type (2017-2030)
10.6. Market Revenue, by Country (2017-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Service Type (2017-2030)
11.3. Market Revenue, by Offering (2017-2030)
11.4. Market Revenue, by Technology (2017-2030)
11.5. Market Revenue, by Sharing Type (2017-2030)
11.6. Market Revenue, by Country (2017-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Service Type (2017-2030)
12.3. Market Revenue, by Offering (2017-2030)
12.4. Market Revenue, by Technology (2017-2030)
12.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Service Type (2017-2030)
13.3. Market Revenue, by Offering (2017-2030)
13.4. Market Revenue, by Technology (2017-2030)
13.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Service Type (2017-2030)
14.3. Market Revenue, by Offering (2017-2030)
14.4. Market Revenue, by Technology (2017-2030)
14.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Service Type (2017-2030)
15.3. Market Revenue, by Offering (2017-2030)
15.4. Market Revenue, by Technology (2017-2030)
15.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Service Type (2017-2030)
16.3. Market Revenue, by Offering (2017-2030)
16.4. Market Revenue, by Technology (2017-2030)
16.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Service Type (2017-2030)
17.3. Market Revenue, by Offering (2017-2030)
17.4. Market Revenue, by Technology (2017-2030)
17.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Service Type (2017-2030)
18.3. Market Revenue, by Offering (2017-2030)
18.4. Market Revenue, by Technology (2017-2030)
18.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Service Type (2017-2030)
19.3. Market Revenue, by Offering (2017-2030)
19.4. Market Revenue, by Technology (2017-2030)
19.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Service Type (2017-2030)
20.3. Market Revenue, by Offering (2017-2030)
20.4. Market Revenue, by Technology (2017-2030)
20.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Service Type (2017-2030)
21.3. Market Revenue, by Offering (2017-2030)
21.4. Market Revenue, by Technology (2017-2030)
21.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Service Type (2017-2030)
22.3. Market Revenue, by Offering (2017-2030)
22.4. Market Revenue, by Technology (2017-2030)
22.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Service Type (2017-2030)
23.3. Market Revenue, by Offering (2017-2030)
23.4. Market Revenue, by Technology (2017-2030)
23.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Service Type (2017-2030)
24.3. Market Revenue, by Offering (2017-2030)
24.4. Market Revenue, by Technology (2017-2030)
24.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Service Type (2017-2030)
25.3. Market Revenue, by Offering (2017-2030)
25.4. Market Revenue, by Technology (2017-2030)
25.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Service Type (2017-2030)
26.3. Market Revenue, by Offering (2017-2030)
26.4. Market Revenue, by Technology (2017-2030)
26.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Service Type (2017-2030)
27.3. Market Revenue, by Offering (2017-2030)
27.4. Market Revenue, by Technology (2017-2030)
27.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Service Type (2017-2030)
28.3. Market Revenue, by Offering (2017-2030)
28.4. Market Revenue, by Technology (2017-2030)
28.5. Market Revenue, by Sharing Type (2017-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. Bird Global Inc.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Conneqtech B.V.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Smoove plc
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. Vulog
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. SharingOS Inc.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. INVERS GmbH
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. BABLE
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Comodule OU
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. PBSC Urban Solutions
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. Neutron Holdings, Inc.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. Dott
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
30.12. Helbiz Inc.
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports