(MENAFN) Shared mobility is steadily establishing itself in the Gulf Cooperation Council (GCC) region, as the automotive industry, like other sectors, adapts to the sharing economy. The global trend of embracing resource and service sharing instead of ownership, seen in the rental of office spaces, Airbnb accommodations, and even special occasion attire, is gaining traction.
Companies across various industries are reshaping their business models to leverage the ongoing shift towards a sharing economy, and the transport sector is no exception. In line with this trend, the car-sharing segment is projected to see a substantial increase in users worldwide, with a report by Germany-based data-gathering platform Statista estimating the number of car-sharing users to reach 62.11 million by 2027.
In the GCC region, car-sharing providers such as Udrive and ekar have emerged as dominant players, offering customers an alternative to traditional rental options in cities like Dubai, Abu Dhabi, and Riyadh. Nicholas Watson, co-founder and CEO of Udrive, acknowledged the significant demand for this type of service in the region.
Car-sharing represents a fully digital experience that minimizes human interaction. The streamlined access to vehicles allows for flexible parking anywhere within the city. The methodology and business model behind car-sharing resonate with customers, providing a convenient and efficient means of transportation.
As shared mobility gains traction in the GCC region, these car-sharing companies are poised to capitalize on the increasing demand for flexible, digitally-enabled transportation options. With their emphasis on convenience and accessibility, car-sharing services are transforming the way people commute, promoting sustainability, and contributing to the evolution of the regional transport industry.
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