Tools commonly used in the Transportation Sharing Service industry for day-to-day tasks and operations.

• Mobile applications
• Websites
• GPS tracking systems
• Payment processing software
• Customer service software
• Data analytics tools
• Social media platforms
• Navigation software
• Rating and review systems
• Vehicle inspection software

Common products and services typical of NAICS Code 485999-07, illustrating the main business activities and contributions to the market.

• Ride-sharing
• Carpooling
• Vanpooling
• Bike-sharing
• Scooter-sharing
• Car-sharing
• Peer-to-peer car rental
• Shuttle-sharing
• Commuter services
• On-demand transit

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Transportation Network Company (TNC) License: A TNC license is required for companies that provide prearranged transportation services for compensation using an online-enabled application or platform to connect passengers with drivers. The license is issued by the state or local regulatory agency. The requirements for obtaining a TNC license vary by state. For example, in California, the California Public Utilities Commission (CPUC) issues TNC licenses, and the requirements include a criminal background check, vehicle inspection, and insurance coverage.
• Commercial Driver's License (CDL): A CDL is required for drivers of vehicles that weigh more than 26,000 pounds, carry hazardous materials, or transport more than 16 passengers. The requirements for obtaining a CDL vary by state, but generally include passing a written test, a driving test, and a medical examination.
• Vehicle Registration: Transportation sharing service companies must register their vehicles with the state or local regulatory agency. The requirements for vehicle registration vary by state, but generally include proof of insurance, a vehicle inspection, and payment of a registration fee.
• Insurance Coverage: Transportation sharing service companies must provide insurance coverage for their drivers and passengers. The requirements for insurance coverage vary by state, but generally include liability insurance, uninsured motorist coverage, and underinsured motorist coverage.
• Data Privacy and Security: Transportation sharing service companies must comply with data privacy and security regulations. The requirements for data privacy and security vary by state, but generally include protecting personal information, providing notice of data breaches, and implementing reasonable security measures.

A concise historical narrative of NAICS Code 485999-07 covering global milestones and recent developments within the United States.

• The Transportation Sharing Service industry has its roots in the early 2000s when car-sharing services like Zipcar and Car2Go were introduced. These services allowed users to rent cars for short periods, usually by the hour, and were popular in urban areas where car ownership was less common. In 2009, Uber was founded, which revolutionized the industry by introducing ride-sharing services. This allowed users to hail a ride from a driver using a smartphone app, and the driver would use their own car to transport the passenger. Since then, the industry has grown rapidly, with new entrants like Lyft and Via offering similar services. In recent years, the industry has faced challenges related to safety, labor practices, and regulation, but it continues to be a popular and growing mode of transportation. In the United States, the Transportation Sharing Service industry has seen explosive growth in recent years. According to Statista, the number of ride-sharing users in the US is expected to reach 97.5 million by 2023, up from 45 million in 2018. This growth has been driven by factors like the convenience of ride-sharing services, the rise of the gig economy, and the increasing popularity of urban living. However, the industry has also faced challenges related to safety, labor practices, and regulation, with some cities imposing caps on the number of ride-sharing vehicles allowed on the road. Despite these challenges, the Transportation Sharing Service industry is expected to continue growing in the coming years.

The anticipated future trajectory of the NAICS 485999-07 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Transportation Sharing Service industry in the USA is positive. The industry is expected to continue to grow as more people opt for shared transportation options over traditional modes of transportation. The rise of electric vehicles and the increasing popularity of ride-sharing services are expected to drive growth in the industry. Additionally, the industry is expected to benefit from the increasing adoption of autonomous vehicles, which could lead to lower costs and increased efficiency. However, the industry may face challenges related to regulation and safety concerns, which could impact growth in the coming years.

Recent groundbreaking advancements and milestones in the Transportation Sharing Service industry, reflecting notable innovations that have reshaped its landscape.

• Uber launched its self-driving car service in Pittsburgh in 2016, marking a major milestone in the development of autonomous vehicles.
• Lyft launched a new feature called "Lyft Line" in 2014, which allows users to share rides with other passengers going in the same direction, reducing costs and increasing efficiency.
• Lime, a bike-sharing company, launched in 2017 and has since expanded to over 100 cities worldwide, providing an eco-friendly transportation option for urban areas.
• Zipcar, a car-sharing service, launched a new feature called "Flex" in 2018, which allows users to rent cars for shorter periods of time, making it more convenient for users who only need a car for a few hours.
• Bird, an electric scooter-sharing company, launched in 2017 and has since expanded to over 100 cities worldwide, providing a new and innovative transportation option for short trips in urban areas.