From electric scooters to ride-hailing services, shared mobility will make up 7% of all urban transport journeys by 2030 globally. Currently, shared mobility for all urban journeys makes up only 3%. Oliver Wyman, a consultancy, published the report during Lisbon’s Web Summit, the largest tech conference in Europe.
The report said that the market size of shared mobility was forecast to reach $400 billion by 2030. It also stated that shared mobility has become a major sustainable model, which has the capability to solve various transport-related worries. The consultancy group retrieved those data from ride-hailing and Bolt, which is a food-delivery startup.
Andreas Nienhaus, the head of Oliver Wyman’s mobility forum, stated – “The mobility sector has changed dramatically in recent years, and in addition to cars, there is now a range of different modes of transport available to people.” (source)
On the other hand, Marcus Villig, the CEO of Bolt, said – “The shared mobility sector has grown to be used by millions of people over the past decade. We’ve seen shared mobility integrate into wider city transport systems.” (source)
However, the report also highlighted that the shared mobility industry also faced high criticism. This is because it contributes to congestion and emissions, which is the result of adding more trips to roads that are already congested. Furthermore, there are also safety concerns related to electric scooters. Other problems arise due to poor working conditions, which create problems for drivers.
The report also added that almost nine million people will earn some income from shared mobility services in 2023. By 2030, the number will grow up to 16 million. Although the overall environmental impact is mixed, shared mobility has the potential to reduce urban emissions significantly.