South Korea Micromobility Market Growth and Trends psmarketresearch.com

The South Korean micromobility market generated $120.3 million revenue in 2020, and it is predicted to show a substantial growth rate during the forecast period (2021–2030). The key factors behind the growth of the market are the proliferating focus on reducing traffic congestion in urban areas, need for decreasing air pollution and transportation cost, and increasing demand for efficient first- and last-mile connectivity.