According to a new research report by IoT analyst firm Berg Insight, the number of users of carsharing services worldwide is forecasted to grow from 23.8 million people in 2017 at a compound annual growth rate (CAGR) of 20.6 percent to reach 60.8 million people in 2022.
Berg Insight forecasts that the number of cars used for carsharing services will grow at a CAGR of 26.9 percent from 214,000 at the end of 2017 to 705,000 at the end of 2022.
Carsharing is one of many car-based mobility services that have become available for people that want to complement other modes of transportation with car-based mobility occasionally.
Examples of other car-based mobility services include traditional car rental, carpooling, ridesharing, taxi and ridesourcing services. Carsharing is a decentralised car rental service focusing on short term rentals.
New technologies in the form of telematics systems and smartphones are key enablers of carsharing services. Leading vendors of hardware and software platforms enabling carsharing services include INVERS, Convadis, Omoove, Good Travel Software, Vulog, Ridecell, Targa Telematics and OpenFleet. Several carsharing technology vendors are also targeting the