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The Mobility on Demand market is a subset of the Automotive Leasing and Rental industry. It is characterized by the provision of short-term access to vehicles, typically for a fee. This type of service is often used by those who need a vehicle for a specific purpose, such as a business trip or a weekend getaway. It is also used by those who do not own a car, or who do not want to commit to a long-term lease or rental agreement.
The Mobility on Demand market has grown in recent years, driven by the increasing availability of technology-enabled services. These services allow customers to book and pay for vehicles online, and often provide additional features such as GPS navigation and roadside assistance. This has made it easier for customers to access vehicles when they need them, and has enabled providers to offer more competitive pricing.
Companies in the Mobility on Demand market include Zipcar, Car2Go, Enterprise CarShare, and Getaround. Show Less Read more
