Saudi Arabia Shared Mobility Market By Vehicle Type (Passenger Car, Two-Wheeler, Micro Mobility), By Service Type (Ride Sharing, Ride Source, Private), By Booking Type (Online, Offline), By Business Model (P2P, B2B, B2C), By Vehicle Propulsion (IC Engine Vehicle, Electric Vehicle) By Region, Competition Forecast and Opportunities, 2018- 2030F
Saudi Arabia Shared Mobility Market is anticipated to grow at a good CAGR in terms of value during the forecast period by 2030. In Saudi Arabia, people prefer to take shared mobility as an alternate option for traveling short distances, as it is more cost-effective for them. In Saudi Arabia’s cities, the shared economy, in general, and vehicle sharing, in particular, are expanding quickly. The government of Saudi Arabia is aggressively promoting it by creating the idea of a 'smart city' and expanding the essential infrastructure, like parking places for car-sharing. Saudi Arabia busiest cities, like Riyadh, Maca, Jeddah, Mecca, Medina, etc., are micro-mobility centers, and a higher number of people are using shared mobility in these cities. This also implies that many micro-mobility projects receive additional forms of government funding or partial funding from local governments. Many shared mobility companies have seen an opportunity for them as the number of shared mobility users has increased with time in the country. Thus, the market for shared mobility is expanding and showing significant investment acceleration. Shared mobility firms have already garnered good funding investment amounts, placing the industry second behind e-hailing players, despite the entry of shared two-wheeler in the market. This reflects the faster adoption of shared mobility trips for different cities in the country.
The sales of Saudi Arabia’s total number of passenger cars in 2021 was around 4,75,837, making the passenger car segment own the highest market share in the shared mobility market. The sales of commercial vehicles in 2021 were around 80,722, making commercial vehicles have a good presence in the shared mobility market. The number of users in the shared mobility from the corporate sector is more than 50% in the market, and the online segment has more than 80% market share compared to the offline user in the Shared Mobility Market.
Cost Effectiveness of Shared Mobility
Taking a vehicle as shared mobility can have several benefits over outright owning one because it can reduce the enormous upfront expense of purchasing one. Many working employees in the corporate sector have offices in the main city where the living cost is high, and most of the people don’t have their own private vehicles. They prefer to take shared mobility for traveling on a daily basis. People in Saudi Arabia find difficulties in parking their vehicles at the office location. To the benefit, shared mobility helps reduce parking needs, creating opportunities for infill development to nonvehicular modes.
The Increasing Demand for Online Shared Vehicles
Currently, online booking can be used for cashless transactions, e-signing contracts, checking the validity of the renter's identification, and providing the renter with vehicle information.
Over the past few years, people's preferred method of choosing their shared vehicles has increased with the development of technology. Additionally, it offers extra tools for real-time monitoring of a shared vehicle’s performance and maintenance. These features are great advantages for fleet managers and drivers because they help them effectively spot issues and execute changes to their shared vehicle services at the right moment.
Addition Of The New Market Players in the Saudi Arabia Shared Mobility Market
Saudi Arabia is a tourist destination place where every year, more than 20 million people come to visit the country. Such an increasing number of tourists every year is leading to an increase in the number of shared mobility. The shared mobility market in Saudi Arabia is expected to grow at a healthy rate, owing to the increase in business and leisure tourism. By seeing this opportunity, the shared mobility market players are focusing on keeping ahead on the basis of value-added services provided to prospective users. The shared mobility companies are now reducing the service cost and are adding premium and well-maintained vehicle models, and they are increasing the fleet of vehicles to capture more market share in Saudi Arabia.
Market Segmentation
The Saudi Arabia Shared Mobility Market is segmented based on vehicle type, service type, business model, vehicle propulsion, booking type, region, and by company. Based on vehicle type, the market is further fragmented into passenger cars, two-wheeler, and micro-mobility. Based on service type, the market is segmented into ride-sharing, ride-source, and private. Based on the business model, the market is segmented into P2P, B2B, and B2C. Based on the vehicle propulsion, the market is segmented into IC Engine vehicles and Electric vehicles. In the booking type segment, the market is segmented into online and offline. Saudi Arabia Shared Mobility Market analysis also studies the region segmentation to devise region market segmentation, divided among Central Region, Western Region, Eastern Region, Southern Region, and Northern Region.
Company Profiles
Some of the major players which are operating in Saudi Arabia Shared Mobility Market are Careem Inc, Swvl Holdings Corp, ekar, KOI Ride, Udriver, FENIX, Saudi Transport & Investment Co. (Mubarrad), Telgani, Uber Technologies, Inc., KDDAD TAXI SERVICE are the major key players which are operating in the Saudi Arabia Shared Mobility market.
Report Scope:
In this report, Saudi Arabia Shared Mobility Market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Automotive Battery Market
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
The sales of Saudi Arabia’s total number of passenger cars in 2021 was around 4,75,837, making the passenger car segment own the highest market share in the shared mobility market. The sales of commercial vehicles in 2021 were around 80,722, making commercial vehicles have a good presence in the shared mobility market. The number of users in the shared mobility from the corporate sector is more than 50% in the market, and the online segment has more than 80% market share compared to the offline user in the Shared Mobility Market.
Cost Effectiveness of Shared Mobility
Taking a vehicle as shared mobility can have several benefits over outright owning one because it can reduce the enormous upfront expense of purchasing one. Many working employees in the corporate sector have offices in the main city where the living cost is high, and most of the people don’t have their own private vehicles. They prefer to take shared mobility for traveling on a daily basis. People in Saudi Arabia find difficulties in parking their vehicles at the office location. To the benefit, shared mobility helps reduce parking needs, creating opportunities for infill development to nonvehicular modes.
The Increasing Demand for Online Shared Vehicles
Currently, online booking can be used for cashless transactions, e-signing contracts, checking the validity of the renter's identification, and providing the renter with vehicle information.
Over the past few years, people's preferred method of choosing their shared vehicles has increased with the development of technology. Additionally, it offers extra tools for real-time monitoring of a shared vehicle’s performance and maintenance. These features are great advantages for fleet managers and drivers because they help them effectively spot issues and execute changes to their shared vehicle services at the right moment.
Addition Of The New Market Players in the Saudi Arabia Shared Mobility Market
Saudi Arabia is a tourist destination place where every year, more than 20 million people come to visit the country. Such an increasing number of tourists every year is leading to an increase in the number of shared mobility. The shared mobility market in Saudi Arabia is expected to grow at a healthy rate, owing to the increase in business and leisure tourism. By seeing this opportunity, the shared mobility market players are focusing on keeping ahead on the basis of value-added services provided to prospective users. The shared mobility companies are now reducing the service cost and are adding premium and well-maintained vehicle models, and they are increasing the fleet of vehicles to capture more market share in Saudi Arabia.
Market Segmentation
The Saudi Arabia Shared Mobility Market is segmented based on vehicle type, service type, business model, vehicle propulsion, booking type, region, and by company. Based on vehicle type, the market is further fragmented into passenger cars, two-wheeler, and micro-mobility. Based on service type, the market is segmented into ride-sharing, ride-source, and private. Based on the business model, the market is segmented into P2P, B2B, and B2C. Based on the vehicle propulsion, the market is segmented into IC Engine vehicles and Electric vehicles. In the booking type segment, the market is segmented into online and offline. Saudi Arabia Shared Mobility Market analysis also studies the region segmentation to devise region market segmentation, divided among Central Region, Western Region, Eastern Region, Southern Region, and Northern Region.
Company Profiles
Some of the major players which are operating in Saudi Arabia Shared Mobility Market are Careem Inc, Swvl Holdings Corp, ekar, KOI Ride, Udriver, FENIX, Saudi Transport & Investment Co. (Mubarrad), Telgani, Uber Technologies, Inc., KDDAD TAXI SERVICE are the major key players which are operating in the Saudi Arabia Shared Mobility market.
Report Scope:
In this report, Saudi Arabia Shared Mobility Market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
- Saudi Arabia Shared Mobility Market, By Vehicle Type:
- Passenger Car
- Tow-Wheeler
- Micro Mobility
- Saudi Arabia Shared Mobility Market, By Service Type:
- Ride Sharing
- Ride Sourcing
- Private
- Saudi Arabia Shared Mobility Market, By Booking Type:
- Online
- Offline
- Saudi Arabia Shared Mobility Market, By Business Model:
- P2P
- B2B
- B2C
- Saudi Arabia Shared Mobility Market, By Vehicle Propulsion:
- IC Engine Vehicle
- Electric Vehicle
- Saudi Arabia Shared Mobility Market1, By Region:
- Central Region
- Western Region
- Eastern Region
- Southern Region
- Northern Region
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Automotive Battery Market
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. INTRODUCTION
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. IMPACT OF COVID-19 ON SAUDI ARABIA SHARED MOBILITY MARKET
4.1. Impact Assessment Model
4.1.1. Key Segments Impacted
4.1.2. Key Regions Impacted
5. VOICE OF CUSTOMER ANALYSIS
5.1. Factors Influencing Purchase Decision
5.2. Brand Awareness
5.3. Brand Satisfaction Level
6. SAUDI ARABIA SHARED MOBILITY OUTLOOK, 2018-2030
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis (Passenger Car, Two-Wheeler, Micro Mobility)
6.2.2. By Service Type Market Share Analysis (Ride Sharing, Ride Source, Private)
6.2.3. By Business Model Market Share Analysis (P2P, B2B, B2C)
6.2.4. By Vehicle Propulsion Market Share Analysis (IC Engine Vehicles, Electric Vehicle)
6.2.5. By Booking Type Market Share Analysis (Online, Offline)
6.2.6. By Regional Market Share Analysis
6.2.6.1. Northern & Central Region Market Share Analysis
6.2.6.2. Western Region Market Share Analysis
6.2.6.3. Eastern Region Market Share Analysis
6.2.6.4. Southern Region Market Share Analysis
6.2.7. By Company Market Share Analysis (By Value, 2022)
6.3. Saudi Arabia Shared Mobility Market Mapping & Opportunities Assessment
6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
6.3.2. By Service Type Mapping & Opportunity Assessment
6.3.3. By Business Model Mapping & Opportunity Assessment
6.3.4. By Vehicle Propulsion Mapping & Opportunity Assessment
6.3.5. By Booking Type Mapping & Opportunity Assessment
6.3.6. By Regional Market Mapping & Opportunity Assessment
7. SAUDI ARABIA PASSENGER CAR SHARED MOBILITY MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Volume and Value
7.2. Market Share & Forecast
7.2.1. By Service Type Market Share Analysis
7.2.2. By Business Model Market Share Analysis
7.2.3. By Vehicle Propulsion Market Share Analysis
7.2.4. By Booking Type Market Share Analysis
8. SAUDI ARABIA TWO-WHEELER SHARED MOBILITY MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Volume and Value
8.2. Market Share & Forecast
8.2.1. By Service Type Market Share Analysis
8.2.2. By Business Model Market Share Analysis
8.2.3. By Vehicle Propulsion Market Share Analysis
8.2.4. By Booking Type Market Share Analysis
9. SAUDI ARABIA MICRO MOBILITY SHARED MOBILITY MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Volume and Value
9.2. Market Share & Forecast
9.2.1. By Service Type Market Share Analysis
9.2.2. By Business Model Market Share Analysis
9.2.3. By Vehicle Propulsion Market Share Analysis
9.2.4. By Booking Type Market Share Analysis
10. MARKET DYNAMICS
10.1. Market Drivers
10.1.1. Expansion Strategy by Existing Players
10.1.2. The Increasing Demand for Online Car Rental Services
10.2. Market Challenges
10.2.1. Increasing Ride Cancellation
10.2.2. Passengers Safety Issue in the Shared Mobility
11. MARKET TRENDS & DEVELOPMENTS
11.1. Increasing Fleet Size of Vehicles in the Share Mobility
11.2. Growing Internet User In the Market
11.3. Growing Market Penetration Due to Addition of Market Players
12. PORTER’S FIVE FORCES MODEL
12.1. Competitive Rivalry
12.2. Bargaining Powers of Suppliers
12.3. Bargaining Powers of Buyers
12.4. Threat of New Entrants
12.5. Threat of Substitutes
13. POLICY & REGULATORY LANDSCAPE
14. SAUDI ARABIA ECONOMIC PROFILE
15. COMPETITIVE LANDSCAPE
15.1. Company Profiles (Up To Top 10 Leading Companies)
15.1.1. Careem Inc.
15.1.1.1. Company Details
15.1.1.2. Products & Services
15.1.1.3. Recent Development
15.1.1.4. Key Management Personnel
15.1.2. Swvl Holdings Corp
15.1.2.1. Company Details
15.1.2.2. Products & Services
15.1.2.3. Recent Development
15.1.2.4. Key Management Personnel
15.1.3. ekar
15.1.3.1. Company Details
15.1.3.2. Products & Services
15.1.3.3. Recent Development
15.1.3.4. Key Management Personnel
15.1.4. KOI Ride
15.1.4.1. Company Details
15.1.4.2. Products & Services
15.1.4.3. Recent Development
15.1.4.4. Key Management Personnel
15.1.5. Udriver
15.1.5.1. Company Details
15.1.5.2. Products & Services
15.1.5.3. Recent Development
15.1.5.4. Key Management Personnel
15.1.6. FENIX
15.1.6.1. Company Details
15.1.6.2. Products & Services
15.1.6.3. Recent Development
15.1.6.4. Key Management Personnel
15.1.7. Saudi Transport & Investment Co. (Mubarrad)
15.1.7.1. Company Details
15.1.7.2. Products & Services
15.1.7.3. Recent Development
15.1.7.4. Key Management Personnel
15.1.8. Telgani
15.1.8.1. Company Details
15.1.8.2. Products & Services
15.1.8.3. Recent Development
15.1.8.4. Key Management Personnel
15.1.9. Uber Technologies, Inc.
15.1.9.1. Company Details
15.1.9.2. Products & Services
15.1.9.3. Recent Development
15.1.9.4. Key Management Personnel
15.1.10. KDDAD TAXI SERVICE
15.1.10.1. Company Details
15.1.10.2. Products & Services
15.1.10.3. Recent Development
15.1.10.4. Key Management Personnel
16. STRATEGIC RECOMMENDATIONS/ACTION PLAN
16.1. Key Focus Areas
16.2. Target Regions & Countries
16.3. Target Vehicle Type
17. ABOUT US & DISCLAIMER
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. IMPACT OF COVID-19 ON SAUDI ARABIA SHARED MOBILITY MARKET
4.1. Impact Assessment Model
4.1.1. Key Segments Impacted
4.1.2. Key Regions Impacted
5. VOICE OF CUSTOMER ANALYSIS
5.1. Factors Influencing Purchase Decision
5.2. Brand Awareness
5.3. Brand Satisfaction Level
6. SAUDI ARABIA SHARED MOBILITY OUTLOOK, 2018-2030
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis (Passenger Car, Two-Wheeler, Micro Mobility)
6.2.2. By Service Type Market Share Analysis (Ride Sharing, Ride Source, Private)
6.2.3. By Business Model Market Share Analysis (P2P, B2B, B2C)
6.2.4. By Vehicle Propulsion Market Share Analysis (IC Engine Vehicles, Electric Vehicle)
6.2.5. By Booking Type Market Share Analysis (Online, Offline)
6.2.6. By Regional Market Share Analysis
6.2.6.1. Northern & Central Region Market Share Analysis
6.2.6.2. Western Region Market Share Analysis
6.2.6.3. Eastern Region Market Share Analysis
6.2.6.4. Southern Region Market Share Analysis
6.2.7. By Company Market Share Analysis (By Value, 2022)
6.3. Saudi Arabia Shared Mobility Market Mapping & Opportunities Assessment
6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
6.3.2. By Service Type Mapping & Opportunity Assessment
6.3.3. By Business Model Mapping & Opportunity Assessment
6.3.4. By Vehicle Propulsion Mapping & Opportunity Assessment
6.3.5. By Booking Type Mapping & Opportunity Assessment
6.3.6. By Regional Market Mapping & Opportunity Assessment
7. SAUDI ARABIA PASSENGER CAR SHARED MOBILITY MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Volume and Value
7.2. Market Share & Forecast
7.2.1. By Service Type Market Share Analysis
7.2.2. By Business Model Market Share Analysis
7.2.3. By Vehicle Propulsion Market Share Analysis
7.2.4. By Booking Type Market Share Analysis
8. SAUDI ARABIA TWO-WHEELER SHARED MOBILITY MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Volume and Value
8.2. Market Share & Forecast
8.2.1. By Service Type Market Share Analysis
8.2.2. By Business Model Market Share Analysis
8.2.3. By Vehicle Propulsion Market Share Analysis
8.2.4. By Booking Type Market Share Analysis
9. SAUDI ARABIA MICRO MOBILITY SHARED MOBILITY MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Volume and Value
9.2. Market Share & Forecast
9.2.1. By Service Type Market Share Analysis
9.2.2. By Business Model Market Share Analysis
9.2.3. By Vehicle Propulsion Market Share Analysis
9.2.4. By Booking Type Market Share Analysis
10. MARKET DYNAMICS
10.1. Market Drivers
10.1.1. Expansion Strategy by Existing Players
10.1.2. The Increasing Demand for Online Car Rental Services
10.2. Market Challenges
10.2.1. Increasing Ride Cancellation
10.2.2. Passengers Safety Issue in the Shared Mobility
11. MARKET TRENDS & DEVELOPMENTS
11.1. Increasing Fleet Size of Vehicles in the Share Mobility
11.2. Growing Internet User In the Market
11.3. Growing Market Penetration Due to Addition of Market Players
12. PORTER’S FIVE FORCES MODEL
12.1. Competitive Rivalry
12.2. Bargaining Powers of Suppliers
12.3. Bargaining Powers of Buyers
12.4. Threat of New Entrants
12.5. Threat of Substitutes
13. POLICY & REGULATORY LANDSCAPE
14. SAUDI ARABIA ECONOMIC PROFILE
15. COMPETITIVE LANDSCAPE
15.1. Company Profiles (Up To Top 10 Leading Companies)
15.1.1. Careem Inc.
15.1.1.1. Company Details
15.1.1.2. Products & Services
15.1.1.3. Recent Development
15.1.1.4. Key Management Personnel
15.1.2. Swvl Holdings Corp
15.1.2.1. Company Details
15.1.2.2. Products & Services
15.1.2.3. Recent Development
15.1.2.4. Key Management Personnel
15.1.3. ekar
15.1.3.1. Company Details
15.1.3.2. Products & Services
15.1.3.3. Recent Development
15.1.3.4. Key Management Personnel
15.1.4. KOI Ride
15.1.4.1. Company Details
15.1.4.2. Products & Services
15.1.4.3. Recent Development
15.1.4.4. Key Management Personnel
15.1.5. Udriver
15.1.5.1. Company Details
15.1.5.2. Products & Services
15.1.5.3. Recent Development
15.1.5.4. Key Management Personnel
15.1.6. FENIX
15.1.6.1. Company Details
15.1.6.2. Products & Services
15.1.6.3. Recent Development
15.1.6.4. Key Management Personnel
15.1.7. Saudi Transport & Investment Co. (Mubarrad)
15.1.7.1. Company Details
15.1.7.2. Products & Services
15.1.7.3. Recent Development
15.1.7.4. Key Management Personnel
15.1.8. Telgani
15.1.8.1. Company Details
15.1.8.2. Products & Services
15.1.8.3. Recent Development
15.1.8.4. Key Management Personnel
15.1.9. Uber Technologies, Inc.
15.1.9.1. Company Details
15.1.9.2. Products & Services
15.1.9.3. Recent Development
15.1.9.4. Key Management Personnel
15.1.10. KDDAD TAXI SERVICE
15.1.10.1. Company Details
15.1.10.2. Products & Services
15.1.10.3. Recent Development
15.1.10.4. Key Management Personnel
16. STRATEGIC RECOMMENDATIONS/ACTION PLAN
16.1. Key Focus Areas
16.2. Target Regions & Countries
16.3. Target Vehicle Type
17. ABOUT US & DISCLAIMER
