The global car-as-a-service market was valued at $122.22 billion in 2020, and is projected to reach $225.65 billion by 2030, registering a CAGR of 6.8%. Europe was the highest revenue contributor, accounting for $44.61 billion in 2020, and is estimated to reach $88.91 billion by 2030, with a CAGR of 7.6%.
The global car subscription market was valued at $3,550.4 million in 2019, and is projected to reach $12,090.6 million by 2027, registering a CAGR of 23.1%. Europe was the highest revenue contributor, accounting for $1,465.9 million in 2019, and is estimated to reach $4,491.6 million by 2027, with a CAGR of 21.7%.
Over the years, tourism sector has witnessed a significant growth owing to development of tourism destination by government and rise in disposable income of consumers. Additionally, the socio-economic progress of countries around ...
The leasing service across the globe is seen as a solution to the growing problems faced by companies for their mobility needs, which include vehicle funding maintenance and, more importantly, residual risk handling.
The biometric and microchip ticketing system is a system which enables storing tickets electronically in a microchip. Some of the key advantages of using smart ticking system include safety from fraud, providing ...
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