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Bike and Scooter Sharing Telematics Market to Reach $8.1 Billion, Globally, by 2033 at 7.9% CAGR: Allied Market Research

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Increasing urban population and growing environmental concerns are the two primary factors driving the growth of global bike and scooter sharing telematics market.

WILMINGTON, Del., Aug. 26, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Bike and Scooter Sharing Telematics Market by Service Type (Pay-as-you-go and Subscription pay-as-you-go), Operational Model (Dockless and Station-Based), Propulsion (Pedal, Electric and Gasoline) and Vehicle Type (Bike, Scooter and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the bike and scooter sharing telematics market was valued at $3.8 billion in 2023, and is estimated to reach $8.1 billion by 2033, growing at a CAGR of 7.9% from 2024 to 2033.

Prime determinants of growth 

Increasing urban population and growing environmental concerns are the two primary factors driving the growth of global bike and scooter sharing telematics market. Furthermore, regulatory and operational challenge is the main factor restraining the growth of global bike and scooter sharing telematics market. Moreover, market expansion and innovation in technology are the two significant opportunities that can enhance the growth of global bike and scooter sharing telematics market in the future. 

Request Sample of the Report on Bike and Scooter Sharing Telematics Market Forecast 2033: https://www.alliedmarketresearch.com/request-sample/A323778

Report coverage & details: 

Report Coverage   

Details   

Forecast Period  

2024–2033

Base Year  

2023

Market Size in 2023  

$3.8 billion 

Market Size in 2033  

$8.1 billion 

CAGR  

7.9 %

No. of Pages in Report  

250

Segments Covered  

Service Type, Vehicle Type, Propulsion, Operational Model and Region.  

Drivers  

Increase in urban population  

Growth in environmental concerns 

Opportunities 

Market expansion  

Innovation in technology 

Restraint  

Regulatory and operational challenge 

Procure Complete Report (250 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/bike-and-scooter-sharing-telematics-market-A323778

Segment Highlights 

Based on service type, the subscription-based model dominated the market in 2023 as it provides users with unlimited access for a fixed fee, which appeals to frequent users or those who prefer a more predictable billing structure. Meanwhile, the pay as you go application is expected to grow at a significant rate in the market as it offers flexibility and is popular among occasional users who prefer to pay only for the time they use the service.

Based on the operational model, the dockless segment dominated the market in 2023, as dockless systems provide users with the flexibility to pick up and drop off bikes or scooters virtually anywhere within a designated area, rather than having to find a specific docking station. This convenience has made them more popular in urban environments where users value rapid and easy access. Meanwhile, station-based service is expected to grow at a significant rate in the market. This is because station-based systems provide a more organized framework for bike and scooter sharing. 

Based on propulsion, the electric segment dominated the market in 2023. Electric bikes (e-bikes) and electric scooters (e-scooters) are more attractive to users because they require less physical effort compared to pedal bikes. This makes them appealing for longer distances, hilly terrains, and for a broader demographic, including those who may not be as physically fit. Meanwhile, the traditional pedal-powered bike-sharing segment is expected to grow at a significant rate in the market. This is because people are increasingly becoming conscious of their fitness and health. Running a pedal cycle daily improves the stamina of the human body and keeps human fitness up to the mark.

Based on vehicle type, scooters dominated the bike and scooter sharing telematics market in 2023, this is due to more units of scooter and electric advanced scooters being produced in the market. Meanwhile, the bike segment is expected to grow at a significant rate in the market, this is due to the new bike technology being introduced in the market.

Regional Outlook 

Based on region, the Asia-Pacific region dominated the bike and scooter sharing telematics market in 2023, as Asia-Pacific has some of the largest and most densely populated cities in the world. Rapid urbanization and the need for efficient, sustainable urban mobility solutions drive high demand for bike and scooter-sharing services in the region. Meanwhile,  North America is expected to grow at an increasing rate in the bike and scooter-sharing telematics market due to latest technologies arriving in the region.

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Players: –    

Beam Mobility Holdings Pte. Ltd.Bolt Technology OuDottHelbizDSVLimeLyft, Inc.Marti Technologies, Inc.Neuron MobilityRidemovi S.p.A.The Swing CorporationTierYulu Bikes Pvt. Ltd.Anywheel Pte. Ltd.Blinkee.cityBixi MontrealBird Rider, Inc.Uber Technologies, Inc.CooltraBixi MontrealBlue BikesDidi Chuxing Technology Co. Ltd.Docomo Bike Share, Inc.Donkey RepublicThe Forest CompanyFreebikeHello CyclingHellobikeJCDecauxMevo, Inc.MYBYKNextbike GmBHBinBinPoppyHop Electric MobilityVoi Technology ABZoomoSplinsterYEGO Urban Mobility SLSpinEmmy SharingJump, Inc.Cityscoot

The report provides a detailed analysis of these key players in the global bike and scooter-sharing telematics market. These players have adopted different strategies such as new product launch, partnership and funding to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Recent Developments:

In July 2022, Lime Company launched a computer vision platform that is designed to power Lime’s safety innovations, initiating with advanced sidewalk detection that helps in reducing pavement riding in its scooters.In June 2021, Cooltra launched electric-scooter sharing service in Paris. By September 2021, the business hoped to have 2, 000 scooters in service around Paris.In February 2024, Yulu Bike company, a leading shared mobility services provider obtained $19.25 million in case of funding by existing investors Magna and Baja Auto. This capital will support the objectives of Yulu for the development of latest products, technologies and will also help in Yulu’s service offerings. In addition, Yulu is planning to utilize its capital to enhance its electric vehicle fleet, and improve operational efficiency and scale up the presence in the existing and latest markets.In September 2021, HellBiz Inc., partnered with Drover AI to integrate Drover AI’s pathpilot safety technology into HellBiz e-scooters. Hellbiz will act as exclusive operator of Pathpilot in Italy, with the first deployment in Milan. PathPilot technology uses artificial intelligence and computer vision to locate e-scooter’s surroundings, reducing clutter and ADA ramp blocking. It verifies parking and automatically reduces speed in geofenced areas, ensuring safety for riders and pedestrians. This advanced technology enhances geo-fencing capabilities in dense urban cities.In May 2023, Uber Technologies, Inc. entered into a multi-year strategic partnership with Waymo. This aim of the partnership was to align Uber’s strategy to enhance its telematics and mobility solutions, providing users with more seamless and efficient transportation options.In October 2021, Dott launched, a new e-bike in Paris. The new e-bikes are integrated into the fleet management system of Dott allowing seamless operations and maintenance. The fleet management system includes advanced telematics, which ensures efficient operations through in-house repairs, maintenance, and logistics.In June 2021, Bird Rider Inc., introduced a smart bikeshare platform and shared e-bikes, offering eco-friendly transportation options with high-powered motors, IoT capabilities, and robust designs for enhanced safety and durability.In July 2020, Uber Technologies Inc. launched first electric scooter “Jump” in Santa Monica. The dockless gadget is remarkable since it does not require specific docks to be parked, and users may rapidly switch scooters if they come across another one while walking to the one they reserved.In August 2023, Lyft Media launched in-app advertising across the Lyft application, expand tablets, rooftop and bikeshare stations, thus giving brands the chance to connect with riders.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Meridian Singapore Immigration Launches New Website to Simplify the PR Application Journey for Foreigners in Singapore

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New online platform provides clear, structured guidance for Employment Pass and S Pass holders navigating Singapore’s residency and Permanent Residency pathways

SINGAPORE, April 30, 2026 /PRNewswire/ — Meridian Singapore Immigration Pte. Ltd. has officially launched its new website at meridianimmigration.sg, a resource built specifically for foreigners living and working in Singapore who are exploring Permanent Residency or long-term residency options.

The platform arrives at a time when Singapore’s expatriate and foreign professional community is growing rapidly, yet many EP and S Pass holders report struggling to find clear, reliable information on the PR application process. Singapore’s immigration framework is among the most structured in Southeast Asia, with eligibility criteria, documentation requirements, and submission windows that change frequently. For individuals navigating this process without professional guidance, the stakes are high and the margin for error is narrow.

Meridian’s website was built to address that gap directly. The platform offers detailed explanations of available immigration pathways, structured consultation options, and educational resources developed by the firm’s team of immigration specialists. Rather than presenting a services catalogue, the site walks users through the considerations relevant to their specific situation, whether they hold an Employment Pass, S Pass, or are planning for their family’s long-term residency in Singapore.

“We built this platform because we saw how overwhelming and confusing the immigration process can be for people who genuinely want to build their lives here,” said a spokesperson for Meridian Singapore Immigration. “Our goal is to be the trusted partner that walks them through every step with clarity and integrity.”

Singapore’s continued attractiveness as a regional hub for multinational corporations, financial institutions, and technology firms means the pipeline of foreigners seeking long-term residency options remains substantial. At the same time, the ICA’s PR application framework has grown more nuanced, with factors such as economic contributions, family ties, and community integration weighed during assessment. Applicants who proceed without a clear understanding of these criteria often submit applications that are either premature or structurally incomplete.

Meridian’s approach centres on preparation and transparency, helping applicants understand where they stand before they apply and what supporting documentation strengthens their case.

Meridian Singapore Immigration Pte. Ltd. is a professional immigration consultancy dedicated to guiding individuals and families through Singapore’s immigration process. Specialising in Permanent Residency (PR) applications, residency pathways, and compliance support, Meridian offers clear, structured solutions tailored to each client’s unique circumstances. Founded on the values of Guidance, Integrity, and Success, Meridian is committed to making immigration simple, transparent, and accessible for everyone. For more information, visit meridianimmigration.sg or contact info@meridianimmigration.sg / +65 8873 1113.

 

View original content:https://www.prnewswire.com/apac/news-releases/meridian-singapore-immigration-launches-new-website-to-simplify-the-pr-application-journey-for-foreigners-in-singapore-302757392.html

SOURCE Meridian Singapore Immigration Pte. Ltd.

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Socomec, Daitron team up to meet Japan’s growing power demands

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TOKYO, April 30, 2026 /PRNewswire/ — Socomec, a century-old electrical group specialising in mission-critical energy, and Japan’s Daitron, an electronics components distributor, have signed a partnership to deliver power conversion solutions and service backup power and electrical-switching systems across Japan.

The deal combines Socomec’s equipment with Daitron’s on-the-ground engineering team, which has more than 74 years of experience in the Japanese market. The two companies will handle everything from project delivery to ongoing maintenance and spare parts.

The partnership covers three product areas: uninterruptible power supplies (UPS), which keep facilities running during outages; power conversion systems, which ensure the availability and continuity of high-quality energy; and static transfer switches, which automatically reroute power loads between sources without interruption.

Beyond equipment sales, the agreement includes training, spare parts, long-term service contracts and a full range of expert services covering prevention, measurement and analysis, consultancy, deployment and optimisation. Socomec will provide product and technical training to Daitron’s team, while Daitron handles installation, servicing and day-to-day client support in Japan.

The target market spans data centres, semiconductor plants, industrial facilities, hospitals and green buildings, all areas where even brief power interruptions can prove costly. Data center demand in particular is surging, driven by the rapid expansion of artificial intelligence infrastructure, with colocation and enterprise facilities among the primary targets.

“Daitron knows the Japanese market inside and out. They have the people, the relationships, and the hands-on experience, and we bring the technology to match,” said Socomec Asia-Pacific CEO O’Niel Dissanayake. “It’s a natural fit, and together we can offer something neither company could deliver alone.”

“Japan’s data centres, chip factories and industrial plants all require power systems they can count on,” said Masaharu Kato, corporate officer of Daitron. “Socomec’s technology is exactly what these customers need, and our job is to make sure it’s installed, maintained and supported properly. That’s what we do best.”

The partnership comes as Japan faces a step change in power demand. Electricity consumption is expected to grow 5.3% over the next decade, driven by data centres and semiconductor factories, according to the country’s grid operator. Industrial energy demand alone is forecast to rise 18.3% over the same period.

That growth is creating strong demand for reliable power infrastructure. Data centres, for example, run around the clock and cannot afford downtime, making backup power and efficient energy management essential. Socomec’s systems are designed to reduce power consumption without sacrificing reliability, a balance that is becoming increasingly important as operators look to manage both costs and environmental commitments.

Both companies say project planning and bids are already underway, with a long-term goal of expanding the partnership’s reach across Japan as demand grows.

About Daitron

Daitron Co., Ltd. is a Japanese engineering and trading company founded in 1952 and headquartered in Osaka. Listed on the Tokyo Stock Exchange (TYO: 7609), Daitron sells and manufactures electronic components, semiconductor processing equipment and power supply systems. The company has more than seven decades of experience serving Japan’s electronics and manufacturing industries.

SOCOMEC: When energy matters

Founded in 1922, SOCOMEC is an independent industrial group of more than 4,800 experts spread across the world in 30 subsidiaries. Our vocation: design, manufacture and sale of electrical equipment, with a strong expertize in critical power applications. In 2025, SOCOMEC achieved a turnover of 997 million euros (not yet audited).

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SOURCE Socomec

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Multi-Destination Travel Surges Across Asia-Pacific This Labour Day, Trip.com Group Data Shows

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Multi-city travel across Asia-Pacific grew 35% year-on-yearMulti-city travel outpaces single-destination growth by more than 2xSoutheast Asia sees strong double-digit growth, with Thailand up to 52% YoY

SINGAPORE, April 29, 2026 /CNW/ — Multi-city travel across Asia-Pacific grew 35% year-on-year this Labour Day period, according to data from Trip.com Group. Several Asia-Pacific markets including Japan, South Korea, parts of Southeast Asia and Mainland China celebrate Labour Day, driving strong cross-border and domestic travel flows across the region.

Over 30% of international trips now span multiple destinations, highlighting a continued shift towards more complex, itinerary-led travel. This shift reflects a growing preference to maximise time and value with multiple destinations within a single trip rather than a single location.

Multi-destination trips become a defining travel pattern

While single-destination travel continues to account for most bookings, growth is increasingly driven by more complex itineraries. Multi-destination bookings are growing at more than twice the pace of single-destination travel, reflecting stronger demand for flexibility and deeper exploration.

Travellers are increasingly structuring trips across multiple cities to maximise both time and value, with popular combinations including:

Tokyo – Osaka – Kyoto (Japan)Seoul – Busan (South Korea)Bangkok – Phuket (Thailand)

These itineraries reflect a growing preference for multi-stop journeys that blend urban experiences with leisure destinations.

Southeast Asia sees fast growth in multi-destination travel 

Across Southeast Asia, demand for multi-destination travel is rising steadily, with strong growth across key markets of Thailand: 52%, Malaysia: 40%, and Singapore: 17%, according to Trip.com Group data.

Top outbound destinations across Southeast Asian markets include Japan (Tokyo, Osaka), South Korea (Seoul), China (Shanghai, Beijing), Thailand (Bangkok), Indonesia (Bali).

In other parts of Asia such as Hong Kong SAR, multi-destination travel also grew by over 50% year-on-year, highlighting growing preference for more complex itineraries over traditional single-destination trips, particularly in well-connected urban markets.

In Mainland China, domestic travel remains a strong base, while overseas journeys are increasingly shaped by multi-destination itineraries, with over 40% of outbound trips spanning multiple destinations and continuing to grow.

This suggests that travellers in this region are increasingly combining multiple cities within a single trip, supported by strong regional connectivity.

Japan’s domestic travel momentum on the rise

Japan is also seeing shifts in domestic travel behaviour, even as outbound demand continues to grow.

In Japan, domestic travel is growing rapidly, indicating rising interest in travelling within the country, accounting for one-quarter of all flight bookings, and to cities such as Tokyo, Sapporo and Okinawa.

Intra-Asia travel dominates Labour Day demand

The Labour Day holiday period continues to be driven by regional travel within Asia-Pacific, with travellers favouring destinations that offer ease of access, diverse experiences, and flexible itineraries.

The Group’s data highlights the continued strength of short-haul travel, supported by strong connectivity and shorter flight durations.

More broadly, the way people travel across Asia-Pacific is evolving. Travellers taking a more deliberate approach to how they plan their trips. While cross-border journeys are increasingly shaped by multi-city itineraries, domestic travel remains a strong and steady part of the landscape. Together, these patterns point to a more flexible and value-conscious mindset, as travellers look to make the most of both time and budget.

About Trip.com Group

Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission “to pursue the perfect trip for a better world”. Find out more about Trip.com Group here: group.trip.com.

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SOURCE Trip.com Group

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