Demand of Kick Scooter Sharing Market - Industry Trends and Growth Forecast to 2025
The global kick scooter sharing market share registered revenue of $143.4 million in 2018, and it is projected to reach $4,090.5 million by 2025, at a CAGR of 51.3% during the forecast period (2019–2025). Among the different models, the first and last-mile category held the larger share in the market in 2018, and it is forecast to remain the larger category during the forecast period, owing to its idealness to travel shorter distances. Kick Scooter market Demand The inflow of heavy investments is a key trend being witnessed in the kick scooter sharing market. Major players, along with the numerous start-up companies in the industry, are receiving hefty investments from several venture capitalists, equaling over $2.2 billion till date. For instance, in 2018, European investors, Index Ventures and Atomico, massively funded two of the top U.S. electric kick scooter sharing companies, namely Bird Rides Inc. and Neutron Holdings Inc. (Lime), respectively. Request to Get the Sample Report@ ...