Nordic Countries Bike Sharing Market Size 2024-2028
The nordic countries bike sharing market size is forecast to increase by USD 161.3 million, at a CAGR of 9% between 2023 and 2028.
- The market is experiencing significant growth, driven by increasing traffic congestion and the rising adoption of dockless bike sharing services. The region's urban population is on the rise, leading to increased demand for sustainable transportation alternatives. Dockless bike sharing services, with their convenience and flexibility, are gaining popularity, particularly among the tech-savvy demographic. However, this market is not without challenges. The risks of bike theft and the need for frequent maintenance pose significant obstacles. As bike sharing programs expand, ensuring the security of the bikes becomes increasingly important. Additionally, maintaining a large fleet of bikes requires substantial resources and logistical planning.
- Companies must address these challenges effectively to ensure the long-term success of their operations. To capitalize on the market's potential, players must focus on implementing robust security measures and developing efficient maintenance strategies. By doing so, they can provide a seamless user experience and build customer trust, ultimately driving growth in the Nordic Bike Sharing Market.
What will be the size of the Nordic Countries Bike Sharing Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Vehicle Type
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Nordic Countries - Market size and forecast 2023-2028 ($ million)
- Data Table on Regional - Market size and forecast 2023-2028 ($ million)
- Chart on Nordic Countries: Year-over-year growth 2023-2028 (%)
- Data Table on Regional - Market size and forecast 2023-2028 ($ million)
5 Historic Market Size
- 5.1 Bike Sharing Market in Nordic Countries 2018 - 2022
- Historic Market Size - Data Table on Bike Sharing Market in Nordic Countries 2018 - 2022 ($ million)
- 5.2 Vehicle Type segment analysis 2018 - 2022
- Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ million)
- 5.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on Bike Sharing Market in Nordic Countries
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Vehicle Type
- 8.1 Market segments
- Chart on Vehicle Type - Market share 2023-2028 (%)
- Data Table on Vehicle Type - Market share 2023-2028 (%)
- 8.2 Comparison by Vehicle Type
- Chart on Comparison by Vehicle Type
- Data Table on Comparison by Vehicle Type
- 8.3 Traditional bike - Market size and forecast 2023-2028
- Chart on Traditional bike - Market size and forecast 2023-2028 ($ million)
- Data Table on Traditional bike - Market size and forecast 2023-2028 ($ million)
- Chart on Traditional bike - Year-over-year growth 2023-2028 (%)
- Data Table on Traditional bike - Year-over-year growth 2023-2028 (%)
- 8.4 E-bike - Market size and forecast 2023-2028
- Chart on E-bike - Market size and forecast 2023-2028 ($ million)
- Data Table on E-bike - Market size and forecast 2023-2028 ($ million)
- Chart on E-bike - Year-over-year growth 2023-2028 (%)
- Data Table on E-bike - Year-over-year growth 2023-2028 (%)
- 8.5 Market opportunity by Vehicle Type
- Market opportunity by Vehicle Type ($ million)
- Data Table on Market opportunity by Vehicle Type ($ million)
9 Market Segmentation by Type
- 9.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 9.3 Dockless - Market size and forecast 2023-2028
- Chart on Dockless - Market size and forecast 2023-2028 ($ million)
- Data Table on Dockless - Market size and forecast 2023-2028 ($ million)
- Chart on Dockless - Year-over-year growth 2023-2028 (%)
- Data Table on Dockless - Year-over-year growth 2023-2028 (%)
- 9.4 Docked - Market size and forecast 2023-2028
- Chart on Docked - Market size and forecast 2023-2028 ($ million)
- Data Table on Docked - Market size and forecast 2023-2028 ($ million)
- Chart on Docked - Year-over-year growth 2023-2028 (%)
- Data Table on Docked - Year-over-year growth 2023-2028 (%)
- 9.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share by geography - 2023-2028 (%)
- Data Table on Market share by geography - 2023-2028 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 Sweden - Market size and forecast 2023-2028
- Chart on Sweden - Market size and forecast 2023-2028 ($ million)
- Data Table on Sweden - Market size and forecast 2023-2028 ($ million)
- Chart on Sweden - Year-over-year growth 2023-2028 (%)
- Data Table on Sweden - Year-over-year growth 2023-2028 (%)
- 11.4 Denmark - Market size and forecast 2023-2028
- Chart on Denmark - Market size and forecast 2023-2028 ($ million)
- Data Table on Denmark - Market size and forecast 2023-2028 ($ million)
- Chart on Denmark - Year-over-year growth 2023-2028 (%)
- Data Table on Denmark - Year-over-year growth 2023-2028 (%)
- 11.5 Finland - Market size and forecast 2023-2028
- Chart on Finland - Market size and forecast 2023-2028 ($ million)
- Data Table on Finland - Market size and forecast 2023-2028 ($ million)
- Chart on Finland - Year-over-year growth 2023-2028 (%)
- Data Table on Finland - Year-over-year growth 2023-2028 (%)
- 11.6 Norway - Market size and forecast 2023-2028
- Chart on Norway - Market size and forecast 2023-2028 ($ million)
- Data Table on Norway - Market size and forecast 2023-2028 ($ million)
- Chart on Norway - Year-over-year growth 2023-2028 (%)
- Data Table on Norway - Year-over-year growth 2023-2028 (%)
- 11.7 Iceland - Market size and forecast 2023-2028
- Chart on Iceland - Market size and forecast 2023-2028 ($ million)
- Data Table on Iceland - Market size and forecast 2023-2028 ($ million)
- Chart on Iceland - Year-over-year growth 2023-2028 (%)
- Data Table on Iceland - Year-over-year growth 2023-2028 (%)
- 11.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Table on Market opportunity by geography ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 Bikeshare Danmark AS
- Bikeshare Danmark AS - Overview
- Bikeshare Danmark AS - Product / Service
- Bikeshare Danmark AS - Key offerings
- SWOT
- 14.5 Donkey Republic Admin ApS
- Donkey Republic Admin ApS - Overview
- Donkey Republic Admin ApS - Product / Service
- Donkey Republic Admin ApS - Key offerings
- SWOT
- 14.6 Helsinki Regional Transport Authority
- Helsinki Regional Transport Authority - Overview
- Helsinki Regional Transport Authority - Product / Service
- Helsinki Regional Transport Authority - Key offerings
- SWOT
- 14.7 Rekola Bikesharing sro
- Rekola Bikesharing sro - Overview
- Rekola Bikesharing sro - Product / Service
- Rekola Bikesharing sro - Key offerings
- SWOT
- 14.8 Saimaa Bikes
- Saimaa Bikes - Overview
- Saimaa Bikes - Product / Service
- Saimaa Bikes - Key offerings
- SWOT
- 14.9 Smartbike Scandinavia
- Smartbike Scandinavia - Overview
- Smartbike Scandinavia - Product / Service
- Smartbike Scandinavia - Key offerings
- SWOT
- 14.10 SMOOVE SAS
- SMOOVE SAS - Overview
- SMOOVE SAS - Product / Service
- SMOOVE SAS - Key offerings
- SWOT
- 14.11 UIP Drift AS
- UIP Drift AS - Overview
- UIP Drift AS - Product / Service
- UIP Drift AS - Key offerings
- SWOT
- 14.12 Urban Sharing AS
- Urban Sharing AS - Overview
- Urban Sharing AS - Product / Service
- Urban Sharing AS - Key offerings
- SWOT
- 14.13 VAIMOO
- VAIMOO - Overview
- VAIMOO - Product / Service
- VAIMOO - Key offerings
- SWOT
15 Appendix
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape