Enterprise Car Sharing Market Growth Factors, Applications, Regional Analysis, Key Players and Forecast by 2028

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Carsharing is a name for a range of very different solutions. It can be provided by a specialized private company, by a public agency or by an ad hoc group as a P2P service. It can be floating, station-based or intra-company. Corporate Car Sharing is a service/platform offered by organizations, businesses and corporations that provide transportation services to their employees. A company can operate a car-sharing service using an external service provider or alone. Business benefits of this service include reduced fleet management costs for the business, on-time employee performance, and the elimination of the need for a large parking lot.

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Companies profiled in this report include: ABB Ltd., Robert Bosch GmbH, Siemens AG, KEBA AG, Chroma Ate, Inc., Innogey Inc., Silicon Laboratories, Schaffner Holding AG, Chargemaster PLC and Pod Point

MARKET SEGMENTATION

Based on company size, the global corporate car sharing market is segmented into large companies.

Based on vehicle type, the market is segmented into economy, SUV and luxury.

MARKET DYNAMICS

Drivers:

The major drivers for the growth of the corporate car sharing market are increasing smartphone and internet penetration and rising cost of vehicle ownership.

In addition, governments around the world are increasingly making efforts to reduce carbon emissions and environmental pollution, which encourages players to provide car rental services, thereby supporting government initiatives.

Additionally, electric vehicles are expected to provide lucrative opportunities for car-sharing companies.

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IMPACT OF COVID-19 ON THE CORPORATE CAR SHARING MARKET

COVID-19 started in Wuhan (China) in December 2019 and since then it has spread at a rapid pace across the world. The United States, India, Brazil, Russia, France, United Kingdom, Turkey, Italy and Spain are among the worst affected countries in terms of confirmed cases and reported deaths. COVID-19 has affected the economies and industries of various countries due to lockdowns, travel bans and business closures. The closure of various factories and plants has affected global supply chains and negatively impacted manufacturing, delivery schedules and product sales in the global market. Few companies have already announced possible delays in product deliveries and a drop in future sales of their products. On top of that, global travel bans imposed by countries in Europe, Asia-Pacific and North America are affecting business collaborations and partnership opportunities.

Key points covered in the Global Enterprise Car Sharing Market 2018 Research are:-

What will be the market size and the growth rate in 2028?

What are the key factors driving the global corporate car sharing market?

What are the key market trends impacting the growth of the Global Enterprise Car Sharing Market?

What are the challenges of market growth?

Who are the key vendors in the global corporate car sharing market?

What are the market opportunities and threats faced by the vendors in the global Enterprise Car Sharing market?

Trending factors influencing the Americas, APAC, and EMEA market shares.

What are the key findings of the Five Forces Analysis of the Global Enterprise Car Sharing Market

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The Insight Partners is an industry unique research provider of actionable intelligence. We help our clients find solutions to their research needs through our syndicated research and advisory services. We specialize in industries such as Semiconductors and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Health IT, Manufacturing and Construction, Medical Devices , technology, media and telecommunications, chemicals and materials.

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