Rising Popularity of Bike-Sharing Services Due to Low-Cost Commute

The micro-mobility industry is expected to rise in the coming years. Generation Z and millennials, including advancements in connectivity, GPS tracking, battery cost reduction, mobile payments, and life improvement, including rising penetration of smartphones lead to a shift in the transportation landscape.

Market Overview @ https://www.psmarketresearch.c....om/market-analysis/m

Micro mobility has lured a strong customer base, offering a true potential solution for urban transportation.

Dynamics of Micromobility

The increasing investments by investors in the development of the micro-mobility solution is a major trend in the industry. The potential industry players and various start-up companies are getting massive investments from investors.

The lower commuting cost relevant to micromobility-sharing services, in comparison to other transportation modes, is a major industry driver.