South America Bike Sharing Market: Analysis and Forecast 2027

The majority of the systems (72.83%) are dock-based, and they are either located in megacities like So Paulo and Mexico City, or little towns like Quimbaya, Colombia, with a population of less than 30 thousand people. In 2008, Rio de Janeiro became the first Latin American city to introduce a bike share scheme. This system, known as SAMBA, consisted of 19 stations and a fleet of 190 bicycles. The number of bike sharing systems grew in the following years, with a surge from 2017 to 2020, when 25 dockless systems and 28 new dock based systems went live. New systems evolved throughout the course of more than a decade after the first BSS was implemented, and some systems were restructured or shut down. In the month of December 2020, 92 systems in Latin America were fully operational. Some systems have modified their infrastructure throughout time by extending their fleet and stations, altering technology, and enhancing their performance in order to meet the expectations and needs of the general public. It's worth noting that over this time, 19 of the examined systems went through a restructuring process.
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