Micro-Mobility Market will obtain a value of USD 210 Billion and a CAGR of 13% between 2023-2030
Market Overview Global improvements in smart cities and automotive infrastructure provide various opportunities for the Global Micro Mobility Market . Factors such as increased demand for transportation services, government efforts for smart cities, expanding startup capital, and strategic investments all contribute to the growth of the Global Micro Mobility Market. However, the market's expansion is hampered by low internet penetration in developing and emerging economies and increased bike vandalism and theft. Furthermore, modern and sophisticated transportation systems and government attempts to build bike-sharing infrastructure may offer several opportunities for the Global Micro Mobility Market. The Micro-Mobility Market will obtain a value of USD 210 Billion and a CAGR of 13% between 20 23 -2030. Micro-mobility vehicles are used for short-distance transport. Bicycles, skateboards, electric automobiles, and other micro-mobility vehicles are examples. Micro-mobility ve