Global Bike-Sharing Service Market Growth (Status and Outlook) 2019-2024

A bicycle-sharing system, public bicycle system, or bike-share scheme, is a service in which bicycles are made available for shared use to individuals on a short term basis for a price or free. Many bike share systems allow people to borrow a bike from a "dock" and return it at another dock belonging to the same system. Docks are special bike racks that lock the bike, and only release it by computer control. The user enters payment information, and the computer unlocks a bike. The user returns the bike by placing it in the dock, which locks it in place. Other systems are dockless. For many systems, smartphone mapping apps show nearby available bikes and open docks.
Bike-Sharing Service have wide range of applications by age, such as Age 18-24, Age 25-34, Age 35-44, Other. And Age 25-34 was the most widely used area which took up about 38% of the global total in 2018.
JUMP Bikes, Citi Bike, LimeBike, Capital Bikeshare, Divvy Bikes, Blue Bikes (Hubway), Ford GoBike, Mobike, Hellobike, Nextbike are the key suppliers in the global Bike-Sharing Service market.

According to this study, over the next five years the Bike-Sharing Service market will register a 28.3% CAGR in terms of revenue, the global market size will reach US$ 5440 million by 2024, from US$ 1570 million in 2019. In particular, this report presents the global revenue market share of key companies in Bike-Sharing Service business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Bike-Sharing Service market by product type, application, key companies and key regions.

This study considers the Bike-Sharing Service value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Dockless
Station-based
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Age 18-24
Age 25-34
Age 35-44
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
JUMP Bikes
Citi Bike
LimeBike
Capital Bikeshare
Divvy Bikes
Blue Bikes (Hubway)
Ford GoBike
Mobike
Hellobike
Nextbike
Call a bike
Santander Cycles
Vélib
Bicing
SG Bike
Ola Pedal
Zoomcar PEDL
Mobycy
Yulu Bikes
Letscycle
Docomo Bikeshare

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Bike-Sharing Service market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Bike-Sharing Service market by identifying its various subsegments.
Focuses on the key global Bike-Sharing Service players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bike-Sharing Service with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Bike-Sharing Service submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.