- The key vendors in the Car-sharing Market in Japan 2014-2018 are Hertz 24/7 Corp., Mobility CarSharing, Orix CarShare Corp., Times24 Co. Ltd. and Zipcar Inc.
London, 18 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Car-sharing Market in Japan 2014-2018. Enhanced interconnectedness is a major trend in the market. Telecom operators and transport operators are integrating their services to develop attractive options for users. The collaboration of different industry sectors is shaping the concept of future mobility by providing seamless, attractive options for users. The Car-sharing market in Japan is expected to grow at a CAGR of 59.83 percent during the period 2013-2018.
The Car-sharing market in Japan is growing exponentially. Economic growth in Japan has accelerated urbanization which has led to an increase in congestion problems and a lack of parking areas for private vehicles. Shared vehicles provide an alternative to these problems. Car-sharing provides benefits such as no ownership costs and availability of the vehicle as required. Increased environmental awareness has also had a positive effect on the market as customers reduce their carbon footprint by car-sharing. In addition, the integration of technology solutions providers with transport operators enables customers to use the service and enrich their experience.
“The collaboration of different industry sectors is shaping the concept of future mobility by providing seamless, attractive options for users,” says Faisal Ghaus, Vice President of TechNavio Research.
“The use of connected cars (cars equipped with internet access and wireless local area network to share internet access to other devices both inside and outside the vehicle) also contributes toward the growth of the market.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
