This report studies the Bike-Sharing Service. 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.
According to the new market research report “Bike-Sharing Service - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Bike-Sharing Service market size is projected to reach USD 4.74 billion by 2029, at a CAGR of 17.1% during the forecast period.
- Global Bike-Sharing Service Market Size(US$ Million), 2018-2029
Source: QYResearch, "Bike-Sharing Service - Global Market Insights and Sales Trends 2024”
- Global Bike-Sharing Service Top10Players Ranking and Market Share（Based on data of 2021, Continually updated）
Source: QYResearch, "Bike-Sharing Service - Global Market Insights and Sales Trends 2024”
The global key manufacturers of Bike-Sharing Service include Meituan Bike (Mobike), Lime, Vélib, Citi Bike, Hellobike, Capital Bikeshare, Divvy Bikes, Blue Bikes (Hubway), Call a bike, Nextbike, etc. In 2021, the global top 10 players had a share approximately 38.0% in terms of revenue.
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