As per the study initiated by Evolve Business Intelligence, the global Bike Sharing market size is expected to grow at a CAGR of more than 19% from 2021 to 2028.

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COVID-19 scenario:
• The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors.
• The companies operating in the Bike Sharing market have been negatively impacted due to the COVID-19 pandemic resulted in a decrease in the growth of the market for 2020 and 2021.

Asia-Pacific is anticipated to grow significantly during the forecasted period due to the rising adoption of bike-sharing with the growing consumer preference for energy-efficient transport solutions. There is an increase in the usage of electric bikes with the growing traffic in several countries. Apart from these rising government initiatives for the bike-sharing program is also helping the market to grow.
The e-bike segment is likely to have positive growth due to the growing usage of e-bikes, zero carbon emissions, and government initiatives and policies. The e-bikes are reliable, and eco-friendly transport solutions, and also help in reducing air pollution. The rise in air pollution has increased the demand for eco-friendly products.

IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.

The global Bike Sharing market provides an in-depth analysis of key players which includes:
• Anywheel Pte. Ltd
• Beijing Xiaoju Technology Co, Ltd.
• Bird Rides, Inc
• BIXI Montreal
• Bond Mobility (Europe) AG
• JCDecaux
• Lime
• LYft, Inc.
• Mobike
• Nextbike GmbH

The global Bike Sharing Market is segmented based on bike type, and sharing system. On the basis of bike type, the market is segmented as Traditional/Regular Bike and E-bike. And based on the sharing system, the market is analyzed across the Docked and Dockless.

Global Bike Sharing Market Geographic Coverage:
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa and South America)

Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Bike Sharing Market
• Value Chain Analysis of Global Bike Sharing Market
• What is the CAGR of the global Bike Sharing Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis