Bike and Scooter Rental Market is expected to reach USD 10.89 billion by 2032

Introduction The Bike and Scooter Rental market has become a cornerstone of urban mobility, offering an environmentally friendly, convenient, and cost-effective alternative to traditional modes of transportation. With the rise of traffic congestion, air pollution, and the increasing demand for more sustainable urban transport solutions, bike and scooter rental services have rapidly gained traction in cities across the globe. These services provide an easy way for people to navigate urban landscapes, reduce their carbon footprint, and embrace more active lifestyles. Bike and scooter rental services are now a vital part of the broader shared mobility trend, which includes car-sharing, ride-hailing, and micro-mobility solutions. With advancements in electric vehicle technology, mobile app integration, and urban infrastructure, the market for bike and scooter rentals has seen unprecedented growth. This expansion is fueled by the increasing popularity of "last-mile" soluti...