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Bike and Scooter Sharing Telematics Market to Reach $8.1 Billion, Globally, by 2033 at 7.9% CAGR: Allied Market Research

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Increasing urban population and growing environmental concerns are the two primary factors driving the growth of global bike and scooter sharing telematics market.

WILMINGTON, Del., Aug. 26, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Bike and Scooter Sharing Telematics Market by Service Type (Pay-as-you-go and Subscription pay-as-you-go), Operational Model (Dockless and Station-Based), Propulsion (Pedal, Electric and Gasoline) and Vehicle Type (Bike, Scooter and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the bike and scooter sharing telematics market was valued at $3.8 billion in 2023, and is estimated to reach $8.1 billion by 2033, growing at a CAGR of 7.9% from 2024 to 2033.

Prime determinants of growth 

Increasing urban population and growing environmental concerns are the two primary factors driving the growth of global bike and scooter sharing telematics market. Furthermore, regulatory and operational challenge is the main factor restraining the growth of global bike and scooter sharing telematics market. Moreover, market expansion and innovation in technology are the two significant opportunities that can enhance the growth of global bike and scooter sharing telematics market in the future. 

Request Sample of the Report on Bike and Scooter Sharing Telematics Market Forecast 2033: https://www.alliedmarketresearch.com/request-sample/A323778

Report coverage & details: 

Report Coverage   

Details   

Forecast Period  

2024–2033

Base Year  

2023

Market Size in 2023  

$3.8 billion 

Market Size in 2033  

$8.1 billion 

CAGR  

7.9 %

No. of Pages in Report  

250

Segments Covered  

Service Type, Vehicle Type, Propulsion, Operational Model and Region.  

Drivers  

Increase in urban population  

Growth in environmental concerns 

Opportunities 

Market expansion  

Innovation in technology 

Restraint  

Regulatory and operational challenge 

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Segment Highlights 

Based on service type, the subscription-based model dominated the market in 2023 as it provides users with unlimited access for a fixed fee, which appeals to frequent users or those who prefer a more predictable billing structure. Meanwhile, the pay as you go application is expected to grow at a significant rate in the market as it offers flexibility and is popular among occasional users who prefer to pay only for the time they use the service.

Based on the operational model, the dockless segment dominated the market in 2023, as dockless systems provide users with the flexibility to pick up and drop off bikes or scooters virtually anywhere within a designated area, rather than having to find a specific docking station. This convenience has made them more popular in urban environments where users value rapid and easy access. Meanwhile, station-based service is expected to grow at a significant rate in the market. This is because station-based systems provide a more organized framework for bike and scooter sharing. 

Based on propulsion, the electric segment dominated the market in 2023. Electric bikes (e-bikes) and electric scooters (e-scooters) are more attractive to users because they require less physical effort compared to pedal bikes. This makes them appealing for longer distances, hilly terrains, and for a broader demographic, including those who may not be as physically fit. Meanwhile, the traditional pedal-powered bike-sharing segment is expected to grow at a significant rate in the market. This is because people are increasingly becoming conscious of their fitness and health. Running a pedal cycle daily improves the stamina of the human body and keeps human fitness up to the mark.

Based on vehicle type, scooters dominated the bike and scooter sharing telematics market in 2023, this is due to more units of scooter and electric advanced scooters being produced in the market. Meanwhile, the bike segment is expected to grow at a significant rate in the market, this is due to the new bike technology being introduced in the market.

Regional Outlook 

Based on region, the Asia-Pacific region dominated the bike and scooter sharing telematics market in 2023, as Asia-Pacific has some of the largest and most densely populated cities in the world. Rapid urbanization and the need for efficient, sustainable urban mobility solutions drive high demand for bike and scooter-sharing services in the region. Meanwhile,  North America is expected to grow at an increasing rate in the bike and scooter-sharing telematics market due to latest technologies arriving in the region.

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Players: –    

Beam Mobility Holdings Pte. Ltd.Bolt Technology OuDottHelbizDSVLimeLyft, Inc.Marti Technologies, Inc.Neuron MobilityRidemovi S.p.A.The Swing CorporationTierYulu Bikes Pvt. Ltd.Anywheel Pte. Ltd.Blinkee.cityBixi MontrealBird Rider, Inc.Uber Technologies, Inc.CooltraBixi MontrealBlue BikesDidi Chuxing Technology Co. Ltd.Docomo Bike Share, Inc.Donkey RepublicThe Forest CompanyFreebikeHello CyclingHellobikeJCDecauxMevo, Inc.MYBYKNextbike GmBHBinBinPoppyHop Electric MobilityVoi Technology ABZoomoSplinsterYEGO Urban Mobility SLSpinEmmy SharingJump, Inc.Cityscoot

The report provides a detailed analysis of these key players in the global bike and scooter-sharing telematics market. These players have adopted different strategies such as new product launch, partnership and funding to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Recent Developments:

In July 2022, Lime Company launched a computer vision platform that is designed to power Lime’s safety innovations, initiating with advanced sidewalk detection that helps in reducing pavement riding in its scooters.In June 2021, Cooltra launched electric-scooter sharing service in Paris. By September 2021, the business hoped to have 2, 000 scooters in service around Paris.In February 2024, Yulu Bike company, a leading shared mobility services provider obtained $19.25 million in case of funding by existing investors Magna and Baja Auto. This capital will support the objectives of Yulu for the development of latest products, technologies and will also help in Yulu’s service offerings. In addition, Yulu is planning to utilize its capital to enhance its electric vehicle fleet, and improve operational efficiency and scale up the presence in the existing and latest markets.In September 2021, HellBiz Inc., partnered with Drover AI to integrate Drover AI’s pathpilot safety technology into HellBiz e-scooters. Hellbiz will act as exclusive operator of Pathpilot in Italy, with the first deployment in Milan. PathPilot technology uses artificial intelligence and computer vision to locate e-scooter’s surroundings, reducing clutter and ADA ramp blocking. It verifies parking and automatically reduces speed in geofenced areas, ensuring safety for riders and pedestrians. This advanced technology enhances geo-fencing capabilities in dense urban cities.In May 2023, Uber Technologies, Inc. entered into a multi-year strategic partnership with Waymo. This aim of the partnership was to align Uber’s strategy to enhance its telematics and mobility solutions, providing users with more seamless and efficient transportation options.In October 2021, Dott launched, a new e-bike in Paris. The new e-bikes are integrated into the fleet management system of Dott allowing seamless operations and maintenance. The fleet management system includes advanced telematics, which ensures efficient operations through in-house repairs, maintenance, and logistics.In June 2021, Bird Rider Inc., introduced a smart bikeshare platform and shared e-bikes, offering eco-friendly transportation options with high-powered motors, IoT capabilities, and robust designs for enhanced safety and durability.In July 2020, Uber Technologies Inc. launched first electric scooter “Jump” in Santa Monica. The dockless gadget is remarkable since it does not require specific docks to be parked, and users may rapidly switch scooters if they come across another one while walking to the one they reserved.In August 2023, Lyft Media launched in-app advertising across the Lyft application, expand tablets, rooftop and bikeshare stations, thus giving brands the chance to connect with riders.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Most Users Are NOT Using AI Companion as Their AI Girlfriend – Insights from Muah AI User Survey

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LOS ANGELES, Sept. 22, 2024 /PRNewswire/ — Muah AI/

In a world where artificial intelligence (AI) is becoming increasingly intertwined with daily life, the idea of having an AI companion or even an AI “girlfriend” has gained significant attention. While this concept has sparked curiosity, excitement, and even controversy, a recent survey by Muah AI has shed light on the reality of how users are actually engaging with these AI companions. According to the survey results, fewer than 2% of users consider themselves to be in a serious romantic relationship with their AI companion, with the overwhelming majority regarding it as a source of entertainment and roleplaying.

This revelation presents an interesting twist to the popular narrative surrounding AI and human relationships. Many assumed that, with the rise of sophisticated AI that can mimic human emotions and responses, people would begin forming deep emotional bonds with these digital entities. However, the survey data from Muah AI shows that, at least for now, the vast majority of users are not taking these AI relationships as seriously as some might have thought.

The Emergence of AI Companions

AI companions, or “AI girlfriends” as some platforms market them, have become a hot topic over the past few years. Platforms like Replika, Anima, and Muah AI offer users the chance to interact with a personalized AI, which can carry on conversations, offer emotional support, and even engage in roleplaying scenarios that resemble a relationship. The premise is simple: using advanced machine learning algorithms and natural language processing, these AI companions can learn from their users, creating the illusion of intimacy and personalization.

The potential appeal is obvious. For those who are lonely, socially anxious, or seeking comfort, the idea of having an AI that is always available, non-judgmental, and designed to cater to their emotional needs can be incredibly attractive. In fact, there are numerous reports and anecdotes from individuals who claim to have developed genuine emotional connections with their AI companions. But as the Muah AI survey shows, these instances may be far rarer than media headlines suggest.

Survey Results: Entertainment Over Emotional Investment

Muah AI‘s survey provides a comprehensive look at how its users interact with their AI companions, and the results challenge the notion that most users are looking for a serious relationship with AI. According to the data:

Less than 2% of users consider themselves to be “seriously dating” their AI companion.A significant majority view their interactions with the AI as a form of entertainment or roleplaying rather than a meaningful romantic or emotional connection.Many users engage with AI companions out of curiosity or as a way to pass the time, often treating the interactions as light-hearted and fun rather than a substitute for a real-life relationship.A notable portion of users also expressed that they enjoy using AI companions for creative roleplaying scenarios, where they can explore fictional or fantasy-based interactions without any real-world implications.

This data suggests that while the idea of an “AI girlfriend” may be intriguing, most users are not approaching it with the intention of forming a serious romantic bond. Instead, they are treating it more like a game or simulation, where they can experiment with different types of interactions and relationships in a low-stakes environment.

Why Are Users Hesitant to Commit to AI Companions?

There are several reasons why users may be hesitant to view their AI companion as a genuine romantic partner. First and foremost is the awareness of the artificial nature of the interaction. While AI can simulate human conversation and emotions, most users are well aware that these responses are pre-programmed and algorithmically generated. The knowledge that their “partner” is ultimately a machine can create a barrier to forming a deep emotional connection.

Moreover, many users view AI companions as a tool for escapism or fantasy rather than a replacement for real-life relationships. In the same way that people may enjoy playing video games or engaging in fictional roleplaying, interacting with an AI companion can offer a similar outlet for creativity and entertainment. These users are not seeking emotional fulfillment from the AI but rather a way to explore different scenarios and personalities without the complexities of real-world dynamics.

Additionally, there are ethical and philosophical concerns that may prevent users from seriously considering a relationship with AI. The idea of forming a romantic connection with a machine raises questions about authenticity, consent, and the nature of love. Many users may feel uncomfortable with the idea of developing feelings for an entity that lacks true emotions or consciousness, no matter how convincing the simulation may be.

The Future of AI Companions: Entertainment or Emotional Support?

While the Muah AI survey indicates that most users are not taking their AI companions seriously as romantic partners, that does not mean that AI companions are without value. For many, these AI entities serve as a valuable source of emotional support and companionship. Users who are isolated, dealing with mental health challenges, or simply looking for someone to talk to may find comfort in the consistent and non-judgmental nature of an AI companion.

Furthermore, the role of AI in human relationships may evolve as the technology continues to improve. As AI becomes more advanced, it is possible that future iterations of AI companions could offer even more realistic and emotionally engaging interactions. This could blur the line between entertainment and emotional connection even further, leading to more users considering AI as a legitimate relationship option.

However, the survey data suggests that for now, AI companions are primarily being used for fun and fantasy rather than serious emotional investment. Whether this changes in the future will depend not only on advancements in AI technology but also on shifting societal attitudes towards AI-human relationships.

Conclusion

The concept of an “AI girlfriend” may have captured the imagination of many, but Muah AI‘s survey reveals that most users are not taking their AI companions seriously as romantic partners. With fewer than 2% of users considering themselves to be in a serious relationship with their AI, it’s clear that the majority view these interactions as a form of entertainment or roleplaying rather than a meaningful emotional connection.

As AI technology continues to develop, it will be fascinating to see how users’ relationships with AI companions evolve. For now, however, it seems that the allure of AI companionship lies more in its ability to entertain and provide creative outlets than in offering a substitute for real-life romantic relationships.

Ultimately, the future of AI-human relationships is still in its early stages, and as AI becomes more capable, the way people engage with these digital companions may change. But as of now, it’s clear that most users are enjoying the novelty of AI companionship without taking it too seriously—at least not yet.

Media/Business Contact Information:
Muah AI 

PR Director:
Ashley

Contact Number:
+1 626-677-6013

Company Website:
https://muah.ai 

Company email:
love@muah.ai

Feel free to reach out if you are interested in writing a dedicated piece about Muah AI!

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SOURCE Muah AI

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Internet Society Report Highlights Challenges and Recommendations for Internet Connectivity in the Middle East

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WASHINGTON, Sept. 22, 2024 /PRNewswire/ — The Internet Society (ISOC), a global charitable organization advocating for an open, globally connected, and secure Internet, released a comprehensive report on the state of Internet connectivity across the Middle East and North Africa (MENA) region.

The report underscores Internet connectivity as a catalyst for economic growth and social development and how an increase in fixed broadband access has a direct impact on growing gross domestic product (GDP).

Key Findings:

Growth in Mobile and Fixed Broadband: Both mobile and fixed broadband connections have grown substantially from 2015 to 2021, particularly in Gulf States with advanced fiber-optic and 5G networks. However, deployment has been slower in other parts of the region, primarily due to infrastructure challenges and affordability issues.

Mobile Internet users increased from 130M to over 180M between 2016 and 2021, with Egypt, Tunisia, and Morocco showing the highest growth rates. Fixed broadband users rose from 17M to 29M in the same period, with Egypt leading the way. The Arab region lags behind other regions in fiber optic deployment, with stagnation in investment since 2018.

High-Income Countries: Significant progress in broadband infrastructure, especially in Gulf Cooperation Council (GCC) countries due to 5G rollout. High-income countries improved their Internet availability from 77.34 to 79.37, surpassing global averages.Low-Middle-Income Countries: Broadband has improved modestly, but challenges persist. Despite overall progress, a significant digital divide remains between high-income and low-middle-income countries, partly due to political and economic instability in some regions, such as Tunisia and Syria.

Infrastructure Challenges: There is a heavy reliance on European Internet Exchange Points for international Internet traffic, which results in slower speeds due to additional data hops.

Emerging Technologies: The report emphasizes the role of emerging technologies such as High-Throughput Satellites (HTS) and Low-Earth Orbit (LEO) satellites in bridging the connectivity gap. These technologies are crucial for expanding access to underserved rural areas.

Impact of COVID-19: The COVID-19 pandemic has adversely affected network performance and digital transformation plans, causing delays and disruptions in connectivity improvements.

Recommendations:

Policy and Regulation: The Internet Society advocates revising regulatory frameworks to accelerate infrastructure deployment. Key recommendations include enhancing spectrum policies, removing regulatory barriers, and fostering public-private partnerships to drive investment, competition, and support for small and medium enterprises.

Spectrum Availability: North African countries have limited spectrum compared to global averages, impacting network capacity and costs.Regulatory Frameworks: Enhance regulatory frameworks to foster investment, encourage spectrum and infrastructure sharing, and support new technologies like HTS and LEO satellites.

Collaboration and Investment: Promote public-private partnerships and update national broadband plans to improve infrastructure and connectivity.

Digital Skills and Literacy: Addressing digital skills and literacy is crucial for maximizing the benefits of Internet connectivity. The report calls for more affordable, relevant, and inclusive education and training programs to build a digital workforce.

Local Internet Exchange Points (IXPs): The report stresses the importance of establishing and upgrading IXPs to enhance local Internet traffic, reduce costs, and improve service quality. Governments are encouraged to support IXPs by providing resources and facilitating network interconnections.

“The Internet has become indispensable for many people, and its role in connecting people, fostering economic opportunities, and driving innovation is undeniable. The Arab region has made big leaps in the availability and adoption of the Internet in recent years; however, adoption rates are still low. We hope that governments will use our report to learn about the improvements that can be made in infrastructure deployment, affordability of service, market structure, and regulatory frameworks,” explains Nermine El Saadany, Regional Vice President for the Middle East for the Internet Society.

About the Internet Society
Founded by Internet pioneers, the Internet Society (ISOC) is a global charitable organization dedicated to ensuring the open development, evolution, and use of the Internet. Through a global community of chapters and members, the Internet Society collaborates with a wide range of groups to promote the technologies that keep the Internet safe and secure and advocates for policies that enable universal access. The Internet Society is also the organizational home of the Internet Engineering Task Force (IETF).

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Representatives from 57 countries, regions and 6 international organizations, are gathering in Suzhou.

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What important topics are they discussing about? Let’s find out!

BEIJING, Sept. 22, 2024 /PRNewswire/ — I’m Xiao Lin from National Immigration Administration. On September 9th, the first Sub-Forum on Migration Management Cooperation was successfully held. Representatives from all parties expressed their insights and appeals around the development and innovation of migration governance.

It was truly a content-rich event!

Why does the international community focus on the topic of “Migration Governance” so much?

At present, changes unseen in a century is unfolding at a faster pace. The situation in the wider world remains complex and fluid. However, peace, development, cooperation and win-win results are still an unstoppable historical trend. Migration governance is critical to economic development of individual countries, global security governance and international cultural and people-to-people exchanges. It has increasingly become a key issue in global governance.

Here are the key points:
At the forum, NIA made three commitments: implementing more open policies for the cross-border flow of people, more effective actions in the governance of transnational crimes and more extensive global cooperation in migration governance, injecting new impetus to opening up and development; At the same time, three initiatives have been put forward, [Original scene of the initiative] contributing China’s wisdom and solutions to global migration governance and further showcasing its image as an open, confident, secure, and thriving major power.

Representatives also made keynote speeches, sharing their migration governance policies, measures and experience, and providing their perspectives on regional and international migration governance.

Pooling wisdom for win-win results.

In a changing era, National Immigration Administration of China stands ready to work with all parties to promote global migration governance to a higher level and contribute more wisdom to world peace, development, prosperity and stability!

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SOURCE National Immigration Administration

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