Over the past five years, the Car Sharing Providers industry has grown rapidly. This has been partly due to growth in world crude oil prices and demand for cost-efficient and convenient inner-city transport. The industry has also greatly benefited from advancements in mobile technology and the internet. This has resulted in industry operators' strong dependency on online bookings and car tracking. Over the five years through 2014-15, industry revenue is expected to grow at an annualised 26.8% to total $55.7 million.
Companies in this industry own or lease cars that people can rent for short periods of time, often by the hour. These companies are typically located in city centres and may offer membership.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.