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Showing posts with the label VEHICLE SUBSCRIPTION MARKET

Vehicle Subscription Market to Partake Significant Development during 2030

  According to the report, the global  vehicle subscription market  is projected to surpass US$ 81 Bn by 2030, expanding at a CAGR of ~15% during the forecast period. Automotive users are finding convenience in the vehicle subscription model, owing to flexible, monthly, or yearly subscription plan offerings; however, awareness about vehicle subscription model is low in Asia Pacific, as compared to that in the U.S. and Europe. Automotive OEMs have been rolling out vehicle subscription model vehicle offerings. Competition is expected to increase in the market, as more OEMs enter, while third party players are expected to seek differentiation of their offerings compared to those of OEMs. Automotive Vehicle Subscription Market Players Key players operating in the global vehicle subscription market include Fair Financial Corp, Clutch Technology, CarNext, FlexDrive, Cluno GmbH, and DriveMyCar Rentals Pty Ltd. Get sample copy of “Vehicle Subscription Market” at:  ...

VEHICLE SUBSCRIPTION MARKET TO SURPASS VALUATION OF US$ 81 BN BY 2030

  Automotive Vehicle Subscription Market: Introduction According to the report, the global  vehicle subscription market  is projected to surpass US$ 81 Bn by 2030, expanding at a CAGR of ~15% during the forecast period. Automotive users are finding convenience in the vehicle subscription model, owing to flexible, monthly, or yearly subscription plan offerings; however, awareness about vehicle subscription model is low in Asia Pacific, as compared to that in the U.S. and Europe. Automotive OEMs have been rolling out vehicle subscription model vehicle offerings. Competition is expected to increase in the market, as more OEMs enter, while third party players are expected to seek differentiation of their offerings compared to those of OEMs. Expansion of Automotive Vehicle Subscription Market The fundamental change in consumer behavior and societal trend toward individualization has resulted in the rise of subscription economy. The trend of vehicle subscription is ga...