What you need to know
Advances in technology have disrupted traditional transportation options such as public transportation, taxis, and even how consumers use their personal vehicles. Consumers can now easily hail a ride or book a car for the day using an app. This Report will examine consumers’ attitudes and behaviors regarding the growing mobility market, including ride sharing and car sharing services.
Definition
Car sharing services – A service that provides short-term vehicle rentals to consumers. Car sharing rental fleets can comprise of company owned vehicles, or privately-owned vehicles for peer-to-peer rentals.
Ride sharing services – A service where car owners can provide on-demand rides to consumers for a fee, usually arranged via an app or website.
Bike sharing services – A network of bicycles and stations where users can rent a bicycle from any station and return it to another station within the network.
