(source: Frost and Sullivan)

The chart below came to me via twitter and I felt compelled to share.. As the pace of technology deployment accelerated in the automotive market , one of the directly impacted segments was the carsharing business. What used to be a small segment dominated by ZipCar has now burgeoned into a full blown industry and more new participants are entering the fray with bold new ideas. It is only going to get better in the days ahead as the technology matures and more people decide to ditch their personal vehicles and opt for “renting” by the hour (i.e., sharing).

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• The future of the car in the city: Vol. 1., No. 1. Carsharing Policy Guide for local government
• Urban Carshares : Smart, Sustainable, Transportation for City Dwellers
• Presentation of Paris Autolib’ carsharing project: “A new way of getting around in cities”