Samjong KPMG "Global VCs Invest $260 Billion in Mobility Ecosystem Over 12 Years"

[Asia Economy Reporter Park Jihwan] In the mobility market, global venture capital (VC) firms have been continuously making large-scale investments across eight sectors, including autonomous driving, electric vehicles, ride-sharing, and air taxis, thereby revitalizing the ecosystem. Global VCs invested $44.6 billion last year alone, with a total of $260 billion invested in the mobility market over 12 years (2009?2020).

On the 23rd, Samjong KPMG released a report titled "Future Mobility Market Seen Through Venture Capital Investment," examining the eight key markets within the mobility industry that VCs are focusing on, and presenting growth forecasts and specific investment trends for each sector.

According to the report, VC investments in the autonomous driving technology market reached $8.4 billion last year, a 33% increase compared to the previous year. The sector is expected to continue growing as demand rises in middle-mile and long-distance logistics, last-mile delivery, and robotaxi markets. The electric vehicle market also attracted significant VC investment. This sector is projected to grow at a compound annual growth rate (CAGR) of 33.7%, expanding from $1.023 trillion in 2020 to $4.366 trillion by 2025. VCs began actively investing in the electric vehicle market from 2015, with approximately $7 billion invested last year.

The ride-sharing market, led by companies such as Uber and Lyft, grew at a CAGR of 19.7% from $53.1 billion last year. It is expected to expand to $130.6 billion by 2025. VCs invested $8.4 billion in the ride-sharing market in 2020. Related companies are expanding their business areas beyond ride-sharing to include delivery services and on-demand transportation services.

The micro-mobility market, including bicycles, kickboards, and scooters, is expected to grow from $3 billion in 2018 to $9.8 billion by 2025 at a CAGR of 18.4%. With increasing urbanization rates in developing countries, there is an opportunity to capture the market and achieve significant growth.

The auto commerce market, including used car sales, is projected to grow from approximately $120 billion in 2018 to $605 billion by 2025 at a CAGR of 26%. VCs invested about $3.4 billion last year. Samjong KPMG explained that this market will create additional growth opportunities due to the activation of online used car markets, the spread of vehicle-sharing models, and the emergence of vehicle subscription services.

Seunghoon Wi, Automotive Industry Leader and Vice President at Samjong KPMG, stated, "For the sustainable growth of the mobility ecosystem, it is necessary to review the impacts arising from the structural characteristics of each market from a financial perspective. It is important to secure sufficient infrastructure, narrow the gap in social awareness, and consider the ripple effects caused by regulations and policies."

He emphasized, "Our companies should proactively detect changes in the mobility industry and strategically assess growth opportunities and constraints by referring to VC investment trends to seek new opportunities."

This content was produced with the assistance of AI translation services.