The rise of Global E-Scooters market over the years

submitted 4 years ago by dylan05 to business

  • The global E-Scooters market generated a revenue of $18.6 billion in 2019.

  • The global market for E-Scooters is expected to grow at a CAGR of 7.7% between 2019 and 2030.

  • This could mean the market will grow exponentially and gain as high as $42 billion by 2030.

  • Bird, a popular E-scooter app across the world, has already completed over 10 million rides by 2018.

  • It is to be noted that almost 5 million E-Scooters were sold specifically in the year 2018.

  • According to Statista, sales on bicycles and E-scooters will reach a significant value of 50 million by the end of 2020.

All these facts signify that the market is flourishing and expecting business owners to invest in E-Scooter app.