Please Wait.....
Report
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
Industry Report I 2023-06-01 I 79 Pages I TechSci Research
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:
- Saudi Arabia Shared Mobility Market, By Vehicle Type:
o Passenger Car
o Tow-Wheeler
o Micro Mobility
- Saudi Arabia Shared Mobility Market, By Service Type:
o Ride Sharing
o Ride Sourcing
o Private
- Saudi Arabia Shared Mobility Market, By Booking Type:
o Online
o Offline
- Saudi Arabia Shared Mobility Market, By Business Model:
o P2P
o B2B
o B2C
- Saudi Arabia Shared Mobility Market, By Vehicle Propulsion:
o IC Engine Vehicle
o Electric Vehicle
- Saudi Arabia Shared Mobility Market1, By Region:
o Central Region
o Western Region
o Eastern Region
o Southern Region
o Northern Region
Competitive Landscape
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
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security