IoT in Car and Micromobility Sharing
Both carsharing and micromobility sharing play crucial roles in transforming urban transportation, reducing congestion, and promoting sustainable and cost-effective mobility solutions for cities worldwide. Connected public transport reduces fuel consumption by 10-15%. According to Transforma Insights, car sharing schemes result in 31% fewer miles driven, while bike and scooter sharing reduces distance travelled by 7-10% With over 16% of our customers being from the automotive sector and 6% from Smart City, we are open to working with car and micromobility sharing vendors and services all over the globe.
Carsharing Market
The carsharing market has been experiencing substantial growth and is expected to continue in the coming years. Despite a temporary setback due to the COVID-19 pandemic, the market has rebounded strongly. Estimates indicate that the total carsharing fleet reached 539,000 vehicles worldwide in 2021, and this number is projected to increase to approximately 973,000 cars by the end of 2026. Europe, North America, and Asia-Pacific are key regions for carsharing programs, with countries like Russia, Germany, and South Korea leading the way. Learn more about car sharing vendors:
Vendor | Geographic Coverage | Website |
Geotab | Europe, North America, Global | |
IER-Polyconseil (Bollore Group) | Europe | https://www.bollore.com/en/electricity-storage-and-solutions/ |
IMS | North America | |
Mobiag | Global | |
Mobility Tech Green | Europe | |
Octo Telematics | Global | |
Targa Telematics | Europe | |
TomTom | Global | |
WeGo Carsharing | Europe |
Market Insights on Micromobility Sharing
Estimates show that the shared micromobility fleet worldwide reached 23.9 million vehicles by the end of 2019. Bicycle sharing, especially the free-floating model, dominated the market. Projections indicate that the bikesharing fleet will reach 35.8 million vehicles globally by the end of 2024, with the scootersharing fleet reaching around 4.6 million vehicles. Bikesharing and scootersharing services have seen widespread adoption in regions including Europe, North America, Latin America, and developed markets in Asia-Pacific. Scootersharing services, which initially began in San Francisco, have expanded to numerous countries in Europe and Asia, with electric scooters gaining dominance in the market.
a) Bikesharing Technology Vendors
Brand | Geographic Coverage | Website |
Conneqtech | Europe, North America, Global | |
Smoove | Europe, Global | |
DropBike | North America | |
Donkey Republic | Europe, Global | |
Nextbike | Europe, Global | |
PBSC Urban Solutions | North America, South America, Europe | |
SoftTech Interactive (Mobilock) | North America, Global | |
Velib | France |
b) Micromobility Telematics Systems
Brand | Geographic Coverage | Website |
COMODULE | Global | |
Teltonika | Europe | |
INVERS | Europe, Global | |
Sharing OS | Europe, Global | |
Vulog | Global | |
Queclink Wireless Solutions | Global | |
Mobility Innovations | North America |
Car and Micromobility IoT Applications
IoT (Internet of Things) applications optimize and enhance car and micromobility sharing services. See some of its applications below:
IoT Application | Description |
Telematics Systems | IoT-enabled telematics systems collect real-time data from shared vehicles/bikes, including location, condition, and usage statistics for monitoring vehicle health, tracking usage patterns, and ensuring efficient fleet management. |
User Authentication | IoT devices, such as RFID readers and smartphone apps, help in user authentication and access control. |
Booking and Reservation | Users can reserve vehicles in advance or locate available vehicles in real-time through mobile apps or web interfaces. |
Payment and Billing | Shared care/bike sers are billed based on their actual usage, and the system can handle various payment methods, including credit cards and mobile payments. |
Explore more in Smart City and Customer Insights.
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