The shared-mobility market accounted for approximately $130 billion to $140 billion in global consumer spending in 2019. Out of this, e-hailing accounted for the largest share. Car sharing and peer-to-peer car sharing account for less than 10 percent of this market, which reflects e-hailing’s higher convenience.
Private vehicles remain the most popular mode of transport in almost every country. Car sharing is the least used mode on average by consumers today. E-hailing is the most popular for consumers in Brazil, China, and the United States – in China, 90 percent of consumers stated that they use e-hailing services at least once per week.
When considering future mobility modes, respondents are open to robo-taxis, with more than half of them interested in trading in their car in the future, while 7 percent of consumers express they would even pay a premium compared with owning a car.
Read the article at McKinsey & Company.
