Micro-Mobility Market Size, Growth, Demand, Opportunities & Forecast To 2027
The micro-mobility market is estimated to grow from USD 3.4 billion in 2022 to USD 6.1 billion by 2027 at a CAGR of 12.5% over the forecast period . Rapid urbanization, increasing cost of vehicle ownership and increasing demand of on-demand public transportation system in smart cities drive the development of the micro-mobility market during the forecast period. There has been significant increase in population across the globe over the years. As the population increases there is need for public transportation across the cities for the commutation. Usually, the public transit local station stops are far from the home as well as from the work location, and people avoid using personal vehicles to travel such long distances due to traffic congestion, cost of vehicle ownership, rising gas and oil prices, rising insurance costs and lack of convenient parking. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=71389422 The passenger faces various pro