The Global Micro-Mobility Market is projected to grow at a CAGR of around 22% during the forecast period, i.e., 2023-28. Most of the market growth would be propelled by the rapidly surging urbanization, skyrocketing vehicle ownership costs, rising traffic congestion, and the mounting demand for emission-free & cost-effective transportation. In addition, increasing partnerships among the bike sharing companies & mobility-as-a-service providers to cater to the ever-evolving adoption of e-bikes & e-scooters by consumers for improved comfort & higher speed over short distances are also projected to boost the Micro-Mobility market in the coming years.
Global Micro-Mobility Market Research Report: Forecast (2023-2028)