Delivered October 1, 2019. Contributor: Michelle A.
To understand the market size, market growth, and major players in the docklessbikeshare industry, in order to help with an investment pitch.
At the end of 2017, dockless bikes accounted for about 44% of the total bike share market in the U.S., but the bikes only accounted for about 4% of the bike share rides. With 35 million trips taken in 2017, that means 1.4 million were on dockless bikes (35 million*.04).
There were approximately 44,000 dockless bikes at the end of 2017.
There were five major companies in the dockless bikeshare space at the end of 2017: Jump (formerly Social Bicycles), Limebike, MoBike, Ofo, and Spin.
BlueGoGo was the first company to introduce dockless bike sharing in the U.S. but they declared bankruptcy in 2017.
There were dockless bike systems in several states in 2017, including Washington, California, Texas, Florida, and North Carolina.
There were approximately 3 million trips taken on dockless pedal bikes in 2018 and 6 million on dockless ebikes. However, dockless bikes have mostly disappeared from the U.S. compared to their growth in 2017.
A map published by the National Association of City Transportation Officials, shows Washington state as the only location with dockless bikes only in the U.S.
Dockless e-scooters grew in popularity which contributed to the decline of dockless bikes.
Lime and Spin changed their focus from dockless bikes to dockless e-scooters
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