Private car ownership is no longer the default choice in the GCC, as digital mobility platforms drive a fundamental shift in how people access transportation.
Based on current industry trends and shifting consumer behavior, eZhire anticipates that by 2030, car ownership in major GCC cities could decline by 10%, driven by the rapid adoption of AI-powered mobility solutions and changing lifestyle preferences. This shift is being driven by increasing investment in smart mobility, AI-powered fleet management, and the growing consumer preference for flexible, on-demand transportation solutions. eZhire, the region’s pioneering fully on-demand car rental platform, is at the forefront of this transformation, eliminating the need for security deposits, paperwork, and physical rental offices while leveraging AI to optimize operations and user experience.
The UAE’s car rental sector is projected to grow from $2 billion in 2022 to $3.5 billion by 2028, while Saudi Arabia’s rental industry is expected to double to $5.6 billion by 2032. Governments across the region are reinforcing this shift. Dubai’s Roads and Transport Authority (RTA) has set a goal for 25% of all trips to be via public or shared transport by 2030, reducing reliance on private vehicles. The GCC’s commitment to AI-driven mobility is further evident in key government initiatives such as the UAE’s AI Strategy 2031 and Dubai’s Smart Mobility plans, which prioritize AI-powered transport solutions. Projections indicate that autonomous and AI-driven mobility could reduce traffic congestion by 40% over the next decade. Saudi Arabia’s Vision 2030 has fueled investment in AI-powered transport, with futuristic urban developments like NEOM and The Line integrating on-demand and autonomous mobility solutions. Qatar’s smart city initiatives are also fostering an environment where technology-driven mobility platforms like eZhire can thrive.
With over 650,000 users and more than 4 million rental days recorded, eZhire is proving that mobility can be redefined without car ownership. The company’s proprietary AI technology predicts customer reliability with 90% accuracy, reducing financial risks while ensuring a frictionless experience. Its automated dispatch system has improved vehicle delivery times by 35%, making the process faster and more efficient than ever before. eZhire’s dynamic AI pricing model continuously adjusts based on real-time demand, vehicle availability, and location trends, ensuring fair and competitive rental rates.
"The GCC is moving toward a future where access to transportation is no longer tied to ownership. eZhire is proud to be leading this transformation with AI-driven solutions that eliminate inefficiencies and put customers first,"
said Farhan Ali, Co-founder and CTO of eZhire.
"Our vision is to provide instant, reliable access to vehicles without the financial and logistical burdens of owning a car. As the region embraces AI, we are ensuring that mobility remains seamless and sustainable."
This shift in mobility is further reinforced by growing consumer preference for digital, automated solutions. In the past year alone, demand for on-demand rentals has surged by 50%, signaling a clear transition in urban mobility patterns. As cities across the Middle East prioritize smart, AI-driven transport infrastructure, eZhire remains committed to advancing its technology to enhance user experience, optimize fleet management, and expand its footprint across the region.
News Source: Empyre Communications
