82
N. Akhtar and P. N. Kuriakose
Fig. 3.9 Ward-wise trips generated by Uber in 2017. Source UberMovement [39]
hence refrain from indulging in long-term assets like vehicles and rely on public
transit and ABSM services (Fig. 3.15).
3.6 Post-Covid Scenario of ABSM
App-Based Shared Mobility is one of the worst affected sectors due to the hostile
conditions created by Covid-19. It is estimated that the carsharing market will lose
50–60% of its shares during 2020 but hopefully bounce back to gain its market
by 70–80% in the year 2021 [18]. Ipsos recently conducted a study in China and
found that 66% of respondents are thinking of buying a car. These numbers were
a mere 34% before the outbreak of worldwide pandemic. Similarly, as opposed to
21% before, now only 15% survey respondents plan to opt for cab services of any
kind. 77% of respondents who now plan to buy a car reached this conclusion in the
impression that this will help reduce the chances of infection. The consumer behavior
N. Akhtar and P. N. Kuriakose
Fig. 3.9 Ward-wise trips generated by Uber in 2017. Source UberMovement [39]
hence refrain from indulging in long-term assets like vehicles and rely on public
transit and ABSM services (Fig. 3.15).
3.6 Post-Covid Scenario of ABSM
App-Based Shared Mobility is one of the worst affected sectors due to the hostile
conditions created by Covid-19. It is estimated that the carsharing market will lose
50–60% of its shares during 2020 but hopefully bounce back to gain its market
by 70–80% in the year 2021 [18]. Ipsos recently conducted a study in China and
found that 66% of respondents are thinking of buying a car. These numbers were
a mere 34% before the outbreak of worldwide pandemic. Similarly, as opposed to
21% before, now only 15% survey respondents plan to opt for cab services of any
kind. 77% of respondents who now plan to buy a car reached this conclusion in the
impression that this will help reduce the chances of infection. The consumer behavior