{"id":10705,"date":"2023-07-05T17:49:23","date_gmt":"2023-07-05T15:49:23","guid":{"rendered":"https:\/\/2hire.io\/?p=10705"},"modified":"2023-07-19T11:05:35","modified_gmt":"2023-07-19T09:05:35","slug":"car-subscription-wheres-the-market-going","status":"publish","type":"post","link":"https:\/\/2hire.io\/?p=10705","title":{"rendered":"Car Subscription: Where\u2019s the market going?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"10705\" class=\"elementor elementor-10705\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-226e664 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"226e664\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ae02174\" data-id=\"ae02174\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6403b3d elementor-widget elementor-widget-heading\" data-id=\"6403b3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Car Subscription: Where\u2019s the market going?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d1eff43 elementor-widget elementor-widget-button\" data-id=\"d1eff43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Mobility<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-75551b8 elementor-widget elementor-widget-text-editor\" data-id=\"75551b8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>19 July 2023 \u00a0 \u00a0| \u00a0 3 min read<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb72103 elementor-widget elementor-widget-text-editor\" data-id=\"bb72103\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In the United States, where the automobile has dominated transportation since the 1950s, there are literally more cars than households \u2014 <\/span><span style=\"color: #1491da;\"><a style=\"color: #1491da;\" href=\"https:\/\/www.oliverwyman.com\/content\/dam\/oliver-wyman\/v2\/publications\/2020\/jun\/how-car-ownership-may-become-relic.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\"><span style=\"color: #1491da;\">1.88<\/span> per household<\/span><\/a><\/span><span style=\"font-weight: 400;\"> to be exact. Yet, in recent years, the focus has been moving to less committed options, and here is where car subscription pops up: commonly defined as the <\/span><span style=\"color: #1491da;\"><b>subscription-based Netflix for cars<\/b><\/span><span style=\"font-weight: 400;\">.<\/span><\/p><p><span style=\"font-weight: 400;\">Subscription services have gained popularity as an alternative to traditional car ownership or leasing, offering consumers a flexible and convenient way to access vehicles without the long-term commitments and financial burdens associated with purchasing or leasing.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5ab2c6 elementor-widget elementor-widget-heading\" data-id=\"c5ab2c6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Current Car Subscription Market overview<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d424991 elementor-widget elementor-widget-text-editor\" data-id=\"d424991\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The global vehicle subscription market size was valued at $2.11 billion in 2021 and is projected to grow from $3.38 billion in 2022 to <\/span><span style=\"color: #1491da;\"><a style=\"color: #1491da;\" href=\"https:\/\/www.fortunebusinessinsights.com\/vehicle-subscription-market-105836#\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">$172.47 billion by 2029<\/span><\/a><\/span><span style=\"font-weight: 400;\"> with more than <\/span><span style=\"color: #1491da;\"><a style=\"color: #1491da;\" href=\"https:\/\/www.zuora.com\/guides\/5-takeaways-oems-considering-subscriptions\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">16.3 million new and used cars<\/span><\/a><\/span><span style=\"font-weight: 400;\"> to be part of the vehicle subscription market by 2025.<\/span><\/p><p><span style=\"font-weight: 400;\">Europe keeps dominating the vehicle subscription market share with a value of 0.91 billion just in 2021, with the German <\/span><span style=\"font-weight: 400;\">car subscription market size valued at USD 219 million in 2021. It is projected to reach USD 2,779 million by 2030, growing at a <\/span><span style=\"color: #1491da;\"><a style=\"color: #1491da;\" href=\"https:\/\/straitsresearch.com\/report\/car-subscription-market\/germany#:~:text=How%20big%20is%20the%20Germany,period%20(2022%2D2030).\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">CAGR of 33.5% during the forecast period (2022-2030)<\/span><\/a><\/span><span style=\"font-weight: 400;\">.<\/span><\/p><p><span style=\"font-weight: 400;\">Moreover, every year between <\/span><span style=\"color: #1491da;\"><a style=\"color: #1491da;\" href=\"https:\/\/de.statista.com\/statistik\/daten\/studie\/74433\/umfrage\/neuzulassungen-von-pkw-in-deutschland\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">3 and 3.5 million<\/span><\/a><\/span><span style=\"font-weight: 400;\"> new cars are sold just in Germany and even during the Corona pandemic in 2020, more than 2.9 million new cars were sold. The presence of some of the major car manufacturers in Europe such as Volkswagen, Mercedes, BMW and others is driving the car subscription market on a consistent growth. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4bb0a50 elementor-widget elementor-widget-image\" data-id=\"4bb0a50\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.fortunebusinessinsights.com\/vehicle-subscription-market-105836#\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"510\" src=\"https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34-1024x544.png\" class=\"attachment-large size-large wp-image-10716\" alt=\"car subscription\" srcset=\"https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34-1024x544.png 1024w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34-300x159.png 300w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34-768x408.png 768w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34-1536x817.png 1536w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34-1200x638.png 1200w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34-226x120.png 226w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34-1800x957.png 1800w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34-960x510.png 960w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34-1320x702.png 1320w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34.png 1896w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" data-attachment-id=\"10716\" data-permalink=\"https:\/\/2hire.io\/?attachment_id=10716\" data-orig-file=\"https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34.png\" data-orig-size=\"1896,1008\" data-comments-opened=\"1\" data-image-title=\"car subscription\" data-image-description=\"&lt;p&gt;car subscription&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;car subscription&lt;\/p&gt;\n\" data-large-file=\"https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-05-at-18.05.34-1024x544.png\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a5f29f elementor-widget elementor-widget-text-editor\" data-id=\"1a5f29f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Two other major changes that impacted in the rise of popularity of vehicle subscription are:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #1491da;\"><b><span style=\"color: #000000;\">Shift from<\/span> <\/b><a style=\"color: #1491da;\" href=\"https:\/\/repositorio.ucp.pt\/bitstream\/10400.14\/35409\/1\/202728390.pdf\" target=\"_blank\" rel=\"noopener\"><b>ownership to usership<\/b><\/a><\/span><span style=\"font-weight: 400;\">, especially among young people living in urban areas where car ownership is increasingly becoming an outlay, for example in maintenance costs and commitment.<\/span><\/li><\/ul><p><span style=\"color: #1491da;\"><b>Rising cost of vehicle ownership <\/b><\/span><span style=\"font-weight: 400;\">in fuel prices, and shortage of microchips, insurance and so on have deeply contributed to high operating expenses. Encouraging users even more to prefer a subscription-based service, less challenging and more flexible.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eedfc78 elementor-widget elementor-widget-heading\" data-id=\"eedfc78\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">OEMs in the Car Subscription Market<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e6c16d elementor-widget elementor-widget-text-editor\" data-id=\"9e6c16d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">As of now, the business opportunity around new concepts of car usage and ownership is evident.<\/span><\/p><p><span style=\"font-weight: 400;\">Consumers are no longer actively eager to buy a car, they prefer to opt for a less committal solution that allows them space to change quickly and without particular economic and contractual constraints.<\/span><\/p><p><span style=\"font-weight: 400;\">In this scope, OEMs dipped their toes into this new market in two ways:<\/span><\/p><p><span style=\"font-weight: 400;\">1. Direct entry into the car subscription market<br \/><\/span><span style=\"font-size: 1em;\"><br \/>2. Partnering with car subscription services to offer their own customized subscription program.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c4beba elementor-widget elementor-widget-heading\" data-id=\"3c4beba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">OEMs own Car Subscription Program<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a9fb8e6 elementor-widget elementor-widget-text-editor\" data-id=\"a9fb8e6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Car manufacturers are recognizing the pivotal role of subscription models in <\/span><span style=\"color: #1491da;\"><a style=\"color: #1491da;\" href=\"https:\/\/www.weareulity.com\/blog\/post\/oems-embraced-car-subscription-model\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">how vehicles are used and perceived<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/span><\/p><p><span style=\"font-weight: 400;\">The success of <\/span><span style=\"color: #1491da;\"><a style=\"color: #1491da;\" href=\"https:\/\/www.volvocars.com\/us\/care-by-volvo\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Care by Volvo<\/span><\/a><\/span><span style=\"font-weight: 400;\"> subscription program is a great example, stating that their car subscription service accounted for <\/span><span style=\"color: #1491da;\"><a style=\"color: #1491da;\" href=\"https:\/\/www.loopit.co\/blog\/oem-advantages-in-car-subscription\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">15% of total UK retail sales<\/span><\/a><\/span><span style=\"font-weight: 400;\"> and drove the uptake in new plug-in hybrid electric models.<\/span><\/p><p><span style=\"font-weight: 400;\">Overall, OEMs still have large space of expansion in the subscription market and can reach it without overhauling their current internal operations since:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They already have a large user base hence reduced marketing and acquisition costs<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They already have in place optimal and efficient maintenance services for vehicles<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They have direct vehicle access which can generate economies of scale that will result in huge cost efficiencies.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They have an extensive brand presence online and offline.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6773622 elementor-widget elementor-widget-image\" data-id=\"6773622\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.autotrader.co.uk\/content\/features\/car-subscription-services\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"540\" src=\"https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Car-subscription-1024x576.jpeg\" class=\"attachment-large size-large wp-image-10752\" alt=\"Car subscription\" srcset=\"https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Car-subscription-1024x576.jpeg 1024w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Car-subscription-300x169.jpeg 300w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Car-subscription-768x432.jpeg 768w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Car-subscription-1200x675.jpeg 1200w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Car-subscription-213x120.jpeg 213w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Car-subscription-960x540.jpeg 960w, https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Car-subscription.jpeg 1224w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" data-attachment-id=\"10752\" data-permalink=\"https:\/\/2hire.io\/?attachment_id=10752\" data-orig-file=\"https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Car-subscription.jpeg\" data-orig-size=\"1224,689\" data-comments-opened=\"1\" data-image-title=\"Car subscription\" data-image-description=\"&lt;p&gt;Car subscription&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Car subscription&lt;\/p&gt;\n\" data-large-file=\"https:\/\/2hire.io\/wp-content\/uploads\/2023\/07\/Car-subscription-1024x576.jpeg\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Pic credits by AutoTrader<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a71d79 elementor-widget elementor-widget-heading\" data-id=\"4a71d79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Wrapping it up<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb9cd5f elementor-widget elementor-widget-text-editor\" data-id=\"fb9cd5f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The car subscription market data speaks loudly, it is experiencing significant growth and transformation as consumers seek flexible and convenient mobility solutions. Both OEMs and subscription companies play crucial roles in shaping this evolving landscape. OEMs leverage their manufacturing expertise, brand recognition, and vehicle offerings to supply the cars for subscription programs, while vehicle subscription companies bring operational capabilities, customer acquisition strategies, and service management to the table.<br \/><\/span><span style=\"font-weight: 400;\">The subscription market keeps redefining personal mobility and is offering individuals a convenient, customizable, and hassle-free alternative to traditional car ownership or leasing.<\/span><\/p><p><span style=\"font-weight: 400;\">What\u2019s next? <span style=\"color: #1491da;\"><strong>We\u2019ll dive deeper into the OEMs current scenario around car subscription<\/strong><\/span>. Stay tuned!<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-86aa76f elementor-widget elementor-widget-heading\" data-id=\"86aa76f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/2hire.io\/contacts-home\/\" target=\"_blank\">Are you a car subscription provider? We want to hear from you!\nContact us to discover how to power your car subscription business with 2hire!<\/a><\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f1b7982 elementor-widget elementor-widget-heading\" data-id=\"f1b7982\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Send us an email at: info@2hire.io \ud83d\udce7<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b2a0ff8 elementor-widget elementor-widget-heading\" data-id=\"b2a0ff8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/2hire.io\/contacts-home\/\">\nFill out our contact form HERE\n<\/a><\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-45d64c0 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"45d64c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf50ea7 elementor-widget elementor-widget-heading\" data-id=\"cf50ea7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">About the author<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-288fd54 elementor-section-content-top elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"288fd54\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-eaeb161\" data-id=\"eaeb161\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1bc939b elementor-widget elementor-widget-image\" data-id=\"1bc939b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"176\" height=\"176\" src=\"https:\/\/2hire.io\/wp-content\/uploads\/2021\/09\/IAA-BB.png\" class=\"attachment-medium size-medium wp-image-3009\" alt=\"Benedetta-Biggi\" srcset=\"https:\/\/2hire.io\/wp-content\/uploads\/2021\/09\/IAA-BB.png 176w, https:\/\/2hire.io\/wp-content\/uploads\/2021\/09\/IAA-BB-150x150.png?crop=1 150w, https:\/\/2hire.io\/wp-content\/uploads\/2021\/09\/IAA-BB-120x120.png 120w, https:\/\/2hire.io\/wp-content\/uploads\/2021\/09\/IAA-BB-50x50.png?crop=1 50w\" sizes=\"auto, (max-width: 176px) 100vw, 176px\" data-attachment-id=\"3009\" data-permalink=\"https:\/\/2hire.io\/?attachment_id=3009\" data-orig-file=\"https:\/\/2hire.io\/wp-content\/uploads\/2021\/09\/IAA-BB.png\" data-orig-size=\"176,176\" data-comments-opened=\"1\" data-image-title=\"IAA-BB\" data-image-description=\"&lt;p&gt;Benedetta Biggi&lt;\/p&gt;\n\" data-image-caption=\"\" data-large-file=\"https:\/\/2hire.io\/wp-content\/uploads\/2021\/09\/IAA-BB.png\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-bf143e9\" data-id=\"bf143e9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-129a7b6 elementor-widget elementor-widget-text-editor\" data-id=\"129a7b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"margin: 0px;\"><span style=\"color: #99cc00;\"><a style=\"color: #99cc00;\" href=\"https:\/\/www.linkedin.com\/in\/benedetta-biggi-45b559196\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #1491da;\">Benedetta Biggi<\/span><\/a><\/span><\/h3><p style=\"margin: 0px; font-size: 1rem;\">Digital Content and PR Specialist at 2hire<\/p><p>I love running and daydreaming losing count of the distance I&#8217;m covering, cooking (and especially eating) and Drake is my spirit guide.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b79572 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"3b79572\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The global vehicle subscription market size was valued at $2.11 billion in 2021 and is projected to grow from $3.38 billion in 2022 to $172.47 billion by 2029 with more than 16.3 million new and used cars to be part of the vehicle subscription market by 2025. Want to know more about it? Read on!<\/p>\n","protected":false},"author":205989650,"featured_media":10752,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[1377,1371],"tags":[1395],"class_list":["post-10705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-mobility","tag-mobility"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"The global vehicle subscription market size was valued at $2.11 billion in 2021 and is projected to grow from $3.38 billion in 2022 to $172.47 billion by 2029 with more than 16.3 million new and used cars to be part of the vehicle subscription market by 2025. Want to know more about it? Read on!\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Benedetta Biggi\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/2hire.io\/?p=10705\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.2.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"2hire - Powering apps and services around vehicles\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Car Subscription: Where\u2019s the market going? - 2hire\" \/>\n\t\t<meta property=\"og:description\" content=\"The global vehicle subscription market size was valued at $2.11 billion in 2021 and is projected to grow from $3.38 billion in 2022 to $172.47 billion by 2029 with more than 16.3 million new and used cars to be part of the vehicle subscription market by 2025. Want to know more about it? 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