The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Latin America Carsharing Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Latin America Carsharing Industry (2024-2030):

According to the latest report, The Latin America Carsharing Market  i is valued at 93.65 million in 2023 and is estimated to grow at a CAGR of around 22.7% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Latin America Carsharing industry.

Key Takeaways: Beneficial for Stakeholders and Clients:

• Historical Data: 2019-22
• Base Year: 2023
• Forecast Period: 2024-30
• CAGR (2024-30): 22.7%
• Market Value in 2023: 93.65 Million

What are the major Driver the Latin America Carsharing industry?

Rising Urban Population in Latin America to Soar the Demand for Carsharing Services – The increasing population in Latin America, propelled by expanding employment prospects, income growth, and enhanced living standards, has led to a surge in daily commuters, consequently leading to mounting traffic congestion. As a result, there is a notable upsurge in demand for carsharing services, particularly among daily commuters sharing similar routes.

In response to this growing demand, numerous carsharing service providers are extending their operations into various countries of Latin America. Furthermore, due to its cost-effectiveness, adaptability, and accessibility, the Latin American Carsharing Market is destined for sustained growth in the years to come.

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Latin America Carsharing Market Segmentation

The Latin America Carsharing Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• By Model
• Business to Consumer (B2C)
• Round Trip
• Free-Floating Service
• On Way Services
• Peer to Peer (P2P)
• By Rental Service
• By Hour
• By Day
• By Month
• By Application
• Web or Mobile Platform
• Third-Party Operator
• By Country
• Brazil
• Mexico
• Argentina
• Chile
• Colombia
• Others

As per the regional aspect, the Latin America Carsharing Market is expected to be dominated by Brazil by capturing the potential market share.

Explore further details about this research report - https://www.marknteladvisors.com/research-library/latin-america-carsharing-market.html

Top Companies in the Latin America Carsharing Market

Turbi, Awto, Kinto Share, MoObie, Movmi, Bla Bla, Cambio Carsharing, Turo, Float CarShare, DiDi Colombia, Others.

Latin America Carsharing Industry Recent Development:

2023: DiDi Subsidary 99taxis planned to double the number of electric cars serving its passengers in Brazil, with a goal of reaching 1,000.

2022: Bla Bla Car raised an investment of nearly USD 15 million to support the shared-travel platform’s growth and boost access to affordable, convenient, and environmentally-friendly travel.

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Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

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