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Automotive Subscription Services Market 2022-2026

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    Report

  • 120 Pages
  • July 2022
  • Region: Global
  • TechNavio
  • ID: 5005606
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The automotive subscription services market is poised to grow by $4.95 bn during 2022-2026, accelerating at a CAGR of 22.8% during the forecast period. The report on the automotive subscription services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing smartphone and internet penetration, the option to select from a wide range of vehicles under a single subscription, and the rise in technological advances in automobiles.

The automotive subscription services market analysis includes the distribution channel segment and geographic landscape.

The automotive subscription services market is segmented as below:


By Distribution Channel

  • OEMs
  • Dealership or third party

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • The Middle East and Africa
This study identifies the development of new mobility concepts as one of the prime reasons driving the automotive subscription services market growth during the next few years. Also, a rise in demand for electric and autonomous vehicles and improved touchpoint management will lead to sizable demand in the market.

The report on the automotive subscription services market covers the following areas:

  • Automotive subscription services market sizing
  • Automotive subscription services market forecast
  • Automotive subscription services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive subscription services market vendors that include AB Volvo, Assurant Inc., Bayerische Motoren Werke AG, Cox Automotive Inc., Evogo Ltd, Exelon Corp, Flexdrive Services LLC, Fresh car, General Motors Co, Hertz Global Holdings Inc., Hyundai Motor Co., Mercedes Benz Group AG, Pinewoods technology services FZE, Prazo Inc, Tesla Inc., Toyota Motor Corp., Volkswagen AG, Wagonex Ltd, and Zoomcar India Pvt. Ltd. Also, the automotive subscription services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Incremental Growth
Exhibit 07: Executive Summary - Data Table on Incremental Growth
Exhibit 08: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Distribution Channel
5.1 Market segments
Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
5.2 Comparison by Distribution Channel
Exhibit 26: Chart on Comparison by Distribution Channel
Exhibit 27: Data Table on Comparison by Distribution Channel
5.3 OEMs - Market size and forecast 2021-2026
Exhibit 28: Chart on OEMs - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on OEMs - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on OEMs - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on OEMs - Year-over-year growth 2021-2026 (%)
5.4 Dealership or third party - Market size and forecast 2021-2026
Exhibit 32: Chart on Dealership or third party - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Dealership or third party - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Dealership or third party - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Dealership or third party - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Distribution Channel
Exhibit 36: Market opportunity by Distribution Channel ($ million)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 38: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibit 39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 North America - Market size and forecast 2021-2026
Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.5 APAC - Market size and forecast 2021-2026
Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.8 US - Market size and forecast 2021-2026
Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
7.9 Germany - Market size and forecast 2021-2026
Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
7.10 UK - Market size and forecast 2021-2026
Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
7.11 Japan - Market size and forecast 2021-2026
Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
7.12 France - Market size and forecast 2021-2026
Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity By Geographical Landscape
Exhibit 82: Market opportunity By Geographical Landscape ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 83: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 85: Overview on factors of disruption
9.4 Industry risks
Exhibit 86: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 87: Vendors covered
10.2 Market positioning of vendors
Exhibit 88: Matrix on vendor position and classification
10.3 AB Volvo
Exhibit 89: AB Volvo - Overview
Exhibit 90: AB Volvo - Business segments
Exhibit 91: AB Volvo - Key offerings
Exhibit 92: AB Volvo - Segment focus
10.4 Bayerische Motoren Werke AG
Exhibit 93: Bayerische Motoren Werke AG - Overview
Exhibit 94: Bayerische Motoren Werke AG - Business segments
Exhibit 95: Bayerische Motoren Werke AG - Key news
Exhibit 96: Bayerische Motoren Werke AG - Key offerings
Exhibit 97: Bayerische Motoren Werke AG - Segment focus
10.5 Cox Automotive Inc.
Exhibit 98: Cox Automotive Inc. - Overview
Exhibit 99: Cox Automotive Inc. - Product / Service
Exhibit 100: Cox Automotive Inc. - Key offerings
10.6 Flexdrive Services LLC
Exhibit 101: Flexdrive Services LLC - Overview
Exhibit 102: Flexdrive Services LLC - Product / Service
Exhibit 103: Flexdrive Services LLC - Key offerings
10.7 General Motors Co
Exhibit 104: General Motors Co - Overview
Exhibit 105: General Motors Co - Business segments
Exhibit 106: General Motors Co - Key news
Exhibit 107: General Motors Co - Key offerings
Exhibit 108: General Motors Co - Segment focus
10.8 Hyundai Motor Co.
Exhibit 109: Hyundai Motor Co. - Overview
Exhibit 110: Hyundai Motor Co. - Business segments
Exhibit 111: Hyundai Motor Co. - Key news
Exhibit 112: Hyundai Motor Co. - Key offerings
Exhibit 113: Hyundai Motor Co. - Segment focus
10.9 Mercedes Benz Group AG
Exhibit 114: Mercedes Benz Group AG - Overview
Exhibit 115: Mercedes Benz Group AG - Business segments
Exhibit 116: Mercedes Benz Group AG - Key offerings
Exhibit 117: Mercedes Benz Group AG - Segment focus
10.10 Tesla Inc.
Exhibit 118: Tesla Inc. - Overview
Exhibit 119: Tesla Inc. - Business segments
Exhibit 120: Tesla Inc. - Key offerings
Exhibit 121: Tesla Inc. - Segment focus
10.11 Toyota Motor Corp.
Exhibit 122: Toyota Motor Corp. - Overview
Exhibit 123: Toyota Motor Corp. - Business segments
Exhibit 124: Toyota Motor Corp. - Key news
Exhibit 125: Toyota Motor Corp. - Key offerings
Exhibit 126: Toyota Motor Corp. - Segment focus
10.12 Volkswagen AG
Exhibit 127: Volkswagen AG - Overview
Exhibit 128: Volkswagen AG - Business segments
Exhibit 129: Volkswagen AG - Key offerings
Exhibit 130: Volkswagen AG - Segment focus
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 131: Inclusions checklist
Exhibit 132: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 133: Currency conversion rates for US$
11.4 Research methodology
Exhibit 134: Research methodology
Exhibit 135: Validation techniques employed for market sizing
Exhibit 136: Information sources
11.5 List of abbreviations
Exhibit 137: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Vendor Market Positioning
Exhibits 9: Parent market
Exhibits 10: Market Characteristics
Exhibits 11: Offerings of vendors included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibits 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibits 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits 17: Five forces analysis - Comparison between 2021 and 2026
Exhibits 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
Exhibits 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
Exhibits 20: Threat of new entrants - Impact of key factors in 2021 and 2026
Exhibits 21: Threat of substitutes - Impact of key factors in 2021 and 2026
Exhibits 22: Threat of rivalry - Impact of key factors in 2021 and 2026
Exhibits 23: Chart on Market condition - Five forces 2021 and 2026
Exhibits 24: Chart on Distribution Channel - Market share 2021-2026 (%)
Exhibits 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
Exhibits 26: Chart on Comparison by Distribution Channel
Exhibits 27: Data Table on Comparison by Distribution Channel
Exhibits 28: Chart on OEMs - Market size and forecast 2021-2026 ($ million)
Exhibits 29: Data Table on OEMs - Market size and forecast 2021-2026 ($ million)
Exhibits 30: Chart on OEMs - Year-over-year growth 2021-2026 (%)
Exhibits 31: Data Table on OEMs - Year-over-year growth 2021-2026 (%)
Exhibits 32: Chart on Dealership or third party - Market size and forecast 2021-2026 ($ million)
Exhibits 33: Data Table on Dealership or third party - Market size and forecast 2021-2026 ($ million)
Exhibits 34: Chart on Dealership or third party - Year-over-year growth 2021-2026 (%)
Exhibits 35: Data Table on Dealership or third party - Year-over-year growth 2021-2026 (%)
Exhibits 36: Market opportunity by Distribution Channel ($ million)
Exhibits 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 38: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibits 39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
Exhibits 40: Chart on Geographic comparison
Exhibits 41: Data Table on Geographic comparison
Exhibits 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibits 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibits 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibits 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
Exhibits 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibits 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
Exhibits 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibits 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibits 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibits 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
Exhibits 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibits 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibits 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibits 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
Exhibits 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibits 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibits 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibits 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibits 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibits 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibits 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibits 65: Data Table on US - Year-over-year growth 2021-2026 (%)
Exhibits 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibits 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibits 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibits 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
Exhibits 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibits 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibits 72: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibits 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
Exhibits 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibits 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibits 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibits 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
Exhibits 78: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibits 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibits 80: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibits 81: Data Table on France - Year-over-year growth 2021-2026 (%)
Exhibits 82: Market opportunity By Geographical Landscape ($ million)
Exhibits 83: Impact of drivers and challenges in 2021 and 2026
Exhibits 84: Overview on Criticality of inputs and Factors of differentiation
Exhibits 85: Overview on factors of disruption
Exhibits 86: Impact of key risks on business
Exhibits 87: Vendors covered
Exhibits 88: Matrix on vendor position and classification
Exhibits 89: AB Volvo - Overview
Exhibits 90: AB Volvo - Business segments
Exhibits 91: AB Volvo - Key offerings
Exhibits 92: AB Volvo - Segment focus
Exhibits 93: Bayerische Motoren Werke AG - Overview
Exhibits 94: Bayerische Motoren Werke AG - Business segments
Exhibits 95: Bayerische Motoren Werke AG - Key news
Exhibits 96: Bayerische Motoren Werke AG - Key offerings
Exhibits 97: Bayerische Motoren Werke AG - Segment focus
Exhibits 98: Cox Automotive Inc. - Overview
Exhibits 99: Cox Automotive Inc. - Product / Service
Exhibits 100: Cox Automotive Inc. - Key offerings
Exhibits 101: Flexdrive Services LLC - Overview
Exhibits 102: Flexdrive Services LLC - Product / Service
Exhibits 103: Flexdrive Services LLC - Key offerings
Exhibits 104: General Motors Co - Overview
Exhibits 105: General Motors Co - Business segments
Exhibits 106: General Motors Co - Key news
Exhibits 107: General Motors Co - Key offerings
Exhibits 108: General Motors Co - Segment focus
Exhibits 109: Hyundai Motor Co. - Overview
Exhibits 110: Hyundai Motor Co. - Business segments
Exhibits 111: Hyundai Motor Co. - Key news
Exhibits 112: Hyundai Motor Co. - Key offerings
Exhibits 113: Hyundai Motor Co. - Segment focus
Exhibits 114: Mercedes Benz Group AG - Overview
Exhibits 115: Mercedes Benz Group AG - Business segments
Exhibits 116: Mercedes Benz Group AG - Key offerings
Exhibits 117: Mercedes Benz Group AG - Segment focus
Exhibits 118: Tesla Inc. - Overview
Exhibits 119: Tesla Inc. - Business segments
Exhibits 120: Tesla Inc. - Key offerings
Exhibits 121: Tesla Inc. - Segment focus
Exhibits 122: Toyota Motor Corp. - Overview
Exhibits 123: Toyota Motor Corp. - Business segments
Exhibits 124: Toyota Motor Corp. - Key news
Exhibits 125: Toyota Motor Corp. - Key offerings
Exhibits 126: Toyota Motor Corp. - Segment focus
Exhibits 127: Volkswagen AG - Overview
Exhibits 128: Volkswagen AG - Business segments
Exhibits 129: Volkswagen AG - Key offerings
Exhibits 130: Volkswagen AG - Segment focus
Exhibits 131: Inclusions checklist
Exhibits 132: Exclusions checklist
Exhibits 133: Currency conversion rates for US$
Exhibits 134: Research methodology
Exhibits 135: Validation techniques employed for market sizing
Exhibits 136: Information sources
Exhibits 137: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global automotive subscription services market: AB Volvo, Assurant Inc., Bayerische Motoren Werke AG, Cox Automotive Inc., Evogo Ltd, Exelon Corp, Flexdrive Services LLC, Fresh car, General Motors Co, Hertz Global Holdings Inc., Hyundai Motor Co., Mercedes Benz Group AG, Pinewoods technology services FZE, Prazo Inc, Tesla Inc., Toyota Motor Corp., Volkswagen AG, Wagonex Ltd, and Zoomcar India Pvt. Ltd.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the development of new mobility concepts.`

According to the report, one of the major drivers of this market is the increasing smartphone and internet penetration.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AB Volvo
  • Assurant Inc.
  • Bayerische Motoren Werke AG
  • Cox Automotive Inc.
  • Evogo Ltd
  • Exelon Corp
  • Flexdrive Services LLC
  • Freshcar
  • General Motors Co
  • Hertz Global Holdings Inc.
  • Hyundai Motor Co.
  • Mercedes Benz Group AG
  • Pinewoods technology services FZE
  • Prazo Inc
  • Tesla Inc.
  • Toyota Motor Corp.
  • Volkswagen AG
  • Wagonex Ltd
  • Zoomcar India Pvt. Ltd.