The Shared Mobility Market is Segmented by Type (Ride-Hailing, Car Sharing, and More), Vehicle Type (Passenger Cars, Light Commercial Vehicles, and More), Business Model (Peer-To-Peer (P2P), and More), Propulsion Type (Internal Combustion Engine (ICE), and Electric), Autonomy Level (Human-Driven and Level-4/5 Robo-Taxi), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

The global shared mobility market was worth nearly *** trillion U.S. dollars in 2023. The largest share of this revenue, ***** billion U.S. dollars, was generated in the Asia Pacific region. Shared mobility in this instance includes ride-hailing, car and bike sharing, and public transport services.

Global Shared Mobility Market size is growing with a CAGR of 12.8% in the prediction period and it crosses US$ 834.92 Bn by 2032 from US$ 359.10 Bn in 2025.

Shared mobility includes ride hailing, car and bike sharing of various types of vehicle. In 2021, the global shared mobility market size was estimated at *** billion U.S. dollars, which was forecasted to surpass **** trillion by 2028.

According to Cognitive Market Research, the global Shared Mobility market size will be USD 312840 million in 2025. It will expand at a compound annual growth rate (CAGR) of 16.40% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 62568.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 15.3% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 57875.40 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 164241.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 17.1% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 10949.40 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.9% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 11262.24 million in 2025 and will grow at a compound annual growth rate (CAGR) of 17.2% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 5943.96 million in 2025. and will grow at a compound annual growth rate (CAGR) of 16.6% from 2025 to 2033.
Unorganized sector category is the fastest growing segment of the Shared Mobility industry

Market Dynamics of Shared Mobility Market

Key Drivers for Shared Mobility Market

Urbanization and Traffic Congestion Driving Demand to Boost Market Growth

The rapid pace of urbanization and increasing traffic congestion are major drivers of the Shared Mobility Market. As cities grow, rising vehicle ownership leads to overcrowded roads, longer commute times, and higher emissions. Shared mobility solutions, including ride-hailing, carsharing, bike-sharing, and micro-mobility services, offer a sustainable alternative by reducing the number of private vehicles on the road. Governments worldwide are actively promoting shared mobility through initiatives like dedicated ride-sharing lanes, congestion pricing, and public-private partnerships to ease urban traffic. Additionally, many city dwellers prefer on-demand mobility over car ownership due to the high costs associated with parking, maintenance, and insurance. Companies like Uber, Lyft, and BlaBlaCar are capitalizing on this trend, expanding services to accommodate growing demand. For instance, Grab announced the acquisition of Trans-cab, a taxi operator in Singapore. The acquisition incorporates Trans-cab's maintenance workshop, fuel pump operations, and car rental business. Additionally, the company will launch the Grab Driver application, which will be integrated into mobile display units in Trans-cab taxis.

https://www.grab.com/sg/press/others/grab-to-acquire-trans-cab-through-its-grabrentals-arm/

Rising Focus on Sustainability and Reduced Carbon Emissions to Boost Market Growth

The increasing global emphasis on sustainability and carbon footprint reduction is another key driver of the Shared Mobility Market. Governments and environmental organizations are pushing for cleaner transportation solutions to combat climate change and reduce greenhouse gas (GHG) emissions. Shared mobility services promote the efficient utilization of vehicles, decreasing overall fuel consumption and pollution levels. The integration of electric vehicles (EVs) in shared mobility fleets is further accelerating this transition, with companies investing in electric ride-hailing, e-bike, and e-scooter services. Policies like zero-emission zones, tax incentives for shared EV services, and stricter emission regulations are encouraging both users and providers to adopt eco-friendly mobility solutions.

Restraint Factor for the Shared Mobility Market

Infrastructure Limitations and Traffic Congestion Will Limit Market Growth

Many cities lack dedicated lanes, parking zones, and charging stations for shared mobility services, leading to operational inefficiencies and lower service reliability. In areas with poor road conditions or limited public transport integration, shared mobility solutions struggle to provide seamless connectivity, reducing user adoption rates. Additionally, high traffic congestion in urban centres affects ride-hailing efficiency, increasing travel times and costs, which discourages consumers from usi...

The global shared mobility market, valued at $294.69 million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 17.62% from 2025 to 2033. This surge is driven by several key factors. Increasing urbanization and traffic congestion in major cities are compelling consumers to seek efficient and affordable transportation alternatives. The rise of environmentally conscious consumers is fueling the adoption of electric vehicles within the shared mobility sector, leading to a significant increase in demand for e-bikes, e-scooters, and electric ride-hailing services. Furthermore, technological advancements, such as improved ride-sharing apps and integrated mobility platforms, enhance user experience and streamline the booking process, contributing to market expansion. The diverse business models, including B2C, B2B, and P2P platforms, cater to a broad spectrum of users and further contribute to market growth. Ride-hailing services continue to dominate the market, followed by car sharing and shared micromobility options. However, the increasing popularity of rental and leasing services, alongside the growth of shuttle and bus services, presents lucrative opportunities for market players. Geographical expansion also plays a crucial role in the market's growth trajectory. While North America and Europe are currently major contributors, the Asia-Pacific region, particularly India and China, shows immense potential due to rapidly expanding urban populations and increasing disposable incomes. The market is segmented by vehicle type (passenger cars, light commercial vehicles, buses, two-wheelers), business model (B2C, B2B, P2P), and propulsion type (ICE and electric). Competitive dynamics are shaped by a mix of established players like Uber, Lyft, and Didi Chuxing, alongside innovative startups focusing on niche segments. The market faces challenges such as regulatory hurdles in certain regions and concerns around safety and security. Nevertheless, ongoing technological innovation and evolving consumer preferences are poised to propel significant growth in the shared mobility market over the forecast period. Recent developments include: December 2023: CarDekho announced its merger with Revv, an Indian-based mobility service provider, to venture into India's shared car rental services business by combining the expertise of Car Dekho in technological integration and market understanding of Revv. These two companies aim to disrupt the car rental space in India by facilitating a tech-enabled mobility solution to enhance customers' convenience., July 2023: Bolt, a ride-hailing platform operating in the United Kingdom, announced that it had over 100,000 drivers and 9 million passengers registered across 19 cities. Moreover, the company stated that it had surpassed 150 million customers globally across 500 cities and 45 countries., July 2023: inDrive, a bid-based ride-hailing platform, launched its services in South Florida, United States, to tap into the country's massive potential. The company plans to replicate its success in the Latin American market in the United States, which resulted in the company preparing for this expansion strategy. Further, the company is planning to launch its services across 15 cities in Nigeria.. Key drivers for this market are: Increasing Preference of Consumers toward Ride-Hailing Services is Expected to Foster the Growth of the Market. Potential restraints include: Strict Government Regulations to Govern the Shared Mobility Industry Hampers the Growth of the Market. Notable trends are: The Passengers Cars Segment is Expected to Gain Traction Between 2024 and 2029.

The global shared mobility market was valued at USD 96.01 billion in 2021 and is expected to grow at a CAGR of 8.1% during the forecast period.

B2C Mobility Sharing Market Outlook

The global B2C mobility sharing market size was valued at approximately USD 65 billion in 2023 and is projected to reach USD 210 billion by 2032, growing at a compound annual growth rate (CAGR) of 13.8% during the forecast period. This market is experiencing significant growth driven by increasing urbanization, environmental concerns, and the need for cost-effective and convenient transportation solutions.

The B2C mobility sharing market's robust growth can be attributed to several factors. One of the primary drivers is the increasing urban population, leading to more congested cities and a greater need for efficient transportation solutions. Many urban dwellers are turning to shared mobility options like car sharing, bike sharing, and ride-hailing services to circumvent traffic woes and reduce personal vehicle expenses. Additionally, the rise of environmental awareness and the push for sustainable living have encouraged the adoption of electric vehicles within shared mobility services. This shift not only mitigates the carbon footprint but also aligns with the global emphasis on reducing greenhouse gas emissions.

Technological advancements also play a crucial role in the expansion of the B2C mobility sharing market. The proliferation of smartphone apps and advanced GPS technologies has made it easier for users to access and navigate shared mobility services. The integration of AI and IoT has further enhanced the efficiency and user experience of these services, making them more attractive to a broader audience. Additionally, government policies aimed at promoting public transportation and reducing vehicular congestion in metropolitan areas have provided a supportive regulatory environment for the growth of the shared mobility market.

Another significant growth factor is the economic benefit that shared mobility services offer. By sharing vehicles, users can significantly reduce transportation costs, including fuel, maintenance, and parking fees. This cost-effectiveness is particularly appealing in developing regions where purchasing a vehicle may be financially burdensome. Furthermore, the flexibility and convenience provided by shared mobility services cater to the lifestyle of modern consumers who prioritize experiences over ownership, further fueling market growth.

Shared Motorcycle services are emerging as a popular alternative in the B2C mobility sharing market, particularly in densely populated urban areas. These services offer a unique solution for navigating through heavy traffic, providing a faster and more flexible option compared to traditional car sharing or ride-hailing. Companies are increasingly investing in shared motorcycle fleets, recognizing the demand for quick and efficient transportation in cities where space is limited and congestion is a daily challenge. The compact nature of motorcycles allows for easier parking and maneuverability, making them an attractive choice for short commutes and last-mile connectivity. Moreover, the integration of electric motorcycles into these services is gaining traction, aligning with global sustainability goals and reducing emissions in urban environments. As the market continues to evolve, shared motorcycle services are expected to play a significant role in the broader mobility ecosystem, offering consumers an agile and eco-friendly transportation option.

From a regional perspective, the Asia Pacific region is expected to witness the highest growth rate in the B2C mobility sharing market, driven by the rapid urbanization and increasing adoption of smart city initiatives in countries like China and India. North America and Europe are also significant markets due to their advanced infrastructure and high consumer awareness regarding sustainable transportation options. Latin America, and Middle East & Africa, while currently smaller markets, are anticipated to grow considerably as urbanization and technological adoption increase in these regions.

Service Type Analysis

The B2C mobility sharing market can be segmented by service type into car sharing, bike sharing, scooter sharing, and ride hailing. Each service type caters to different user needs and preferences, contributing uniquely to the market's overall growth. Car sharing, for instance, offers the convenience of using a car without the long-term commitment of ownership. Companies like Zipcar and Car2Go have popularized this model by providing users with access to vehicles on an hourl

The shared mobility market offers diverse product types tailored to user needs, including:

Ride-Hailing: On-demand transportation services connecting passengers with drivers via mobile applications.


Car Sharing: Rental services allowing users to access vehicles on a pay-as-you-go basis for short-term use.


Bike Sharing: Shared bicycle systems enabling users to rent bikes from designated stations.


Public Transit: Mass transportation systems like buses and trains providing shared rides for commuters.


Micro Transit: Compact, on-demand transportation services operating on fixed routes or within specific areas.

Recent developments include: March 2023: Lyft and Spin partner to bring Spin scooters to the Lyft app in 60 U.S. markets. This partnership is designed to make it easier for riders to access a variety of Car-sharing options in one place., April 2023: Lyft acquires PBSC Urban Solutions, a global supply leader for bike share equipment and technology. This acquisition is designed to double up Lyft's scale in micro-mobility and to give it a stronger foothold in the international market., August 2023: Uber launches a new feature called "Uber Reserve" that allows riders to book a ride in advance and reserve it for a specific time. This feature is designed to give riders more peace of mind and to help them avoid surge pricing.. Key drivers for this market are: Urbanization and Population Growth: Increasing population density and urban expansion drive the demand for efficient and flexible transportation.

Environmental Concerns: Growing awareness of environmental sustainability promotes the adoption of shared mobility as an alternative to individual vehicle ownership.. Potential restraints include: Regulatory Barriers: Inconsistent regulations and safety concerns can hinder the growth of shared mobility in certain markets.

Competition: Intense competition among market players and the entry of new entrants can impact profitability.. Notable trends are: Subscription-Based Models: Shared mobility providers are introducing subscription-based plans to enhance customer loyalty and revenue generation.

MaaS (Mobility-as-a-Service): The integration of different transportation modes into a single platform, offering seamless multimodal mobility solutions..

The Shared Mobility Market size was valued at USD 210.3 USD Billion in 2023 and is projected to reach USD 580.16 USD Billion by 2032, exhibiting a CAGR of 15.6 % during the forecast period. Shared mobility is a concept, which encompasses the delivery and usage of transportation services and assets in a way that allows several users to use them as opposed to owning their personal use vehicles. Some of the transport-sharing services include ride-sharing such as Uber and Lyft, car-sharing which includes Zipcar and Car2Go, bike-sharing, which consists of Lime and Citi Bike, and scooter-sharing which are Bird and Spin. Key features include the ability to book and pay through an application interface, the ability to track the car in real-time, and the possibility to get a car with relatively easy access. Applicable areas include business, utilization, traffic control and environmental conservation through providing efficiency, comfort and affordable transport solutions. Organized and integrated transportation systems can help conserve resources and offer a more viable option for cities. Key drivers for this market are: Increasing Demand for Forged Products in Power, Agriculture, Aerospace, and Defense to Drive Industry Expansion. Potential restraints include: Limited Availability of Service Providers May Restrain The Market Growth. Notable trends are: Rising Adoption of Automation in Manufacturing to Drive Market Growth.

The number of users in the shared mobility market in India was modeled to stand at ************** users in 2024. Between 2017 and 2024, the number of users rose by ************** users, though the increase followed an uneven trajectory rather than a consistent upward trend. The number of users will steadily rise by ************** users over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Shared Mobility.

The B2C shared mobility market is experiencing robust growth, driven by increasing urbanization, rising fuel prices, and a growing preference for convenient and cost-effective transportation options. The market's expansion is fueled by technological advancements, such as ride-hailing apps and improved GPS tracking, making accessing shared mobility services easier and more reliable. Key players like Uber, Ola, and Lyft continue to dominate the market, but the emergence of innovative business models and specialized services, including micro-mobility solutions (e-scooters, e-bikes) and car-sharing programs, are creating new avenues for growth and diversification. Competition is fierce, with companies focusing on improving service quality, expanding into new geographic areas, and developing loyalty programs to retain customers. Regulatory changes and environmental concerns are significant factors influencing market development. The industry is facing pressure to address safety concerns, reduce its carbon footprint, and comply with evolving regulations related to driver classification and data privacy.
Looking ahead, the B2C shared mobility market is projected to maintain a steady growth trajectory. Factors such as increasing disposable incomes in developing economies and the integration of shared mobility into broader transportation networks will contribute to continued expansion. However, challenges remain, including competition from public transportation systems and the need to overcome infrastructure limitations in some regions. The focus will shift towards sustainable mobility solutions and the development of integrated transportation platforms that seamlessly connect various modes of shared transportation to meet diverse consumer needs. We anticipate continued innovation in pricing models, service offerings, and technology to cater to evolving consumer preferences and optimize market efficiency.

Global shared mobility market is expected to grow at a CAGR of 15.42% and is anticipated to reach around USD 238.03 billion by 2026. Shared mobility is the advanced and innovative transportation service that enables the user to borrow or use the vehicles for short term access.

Shared Mobility Market size was valued at USD 209.42 Billion in 2023 and is poised to grow from USD 242.51 Billion in 2024 to USD 908.06 Billion by 2032, growing at a CAGR of 15.8% during the forecast period (2025-2032).

Global Shared Mobility Market is anticipated to experience remarkable expansion, with a projected Compound Annual Growth Rate (CAGR) of 17.41% from 2025 to 2033. According to the market analysis, the market size is forecasted to reach USD 370.80 Billion by the end of 2033, up from USD 87.46 Billion in 2024.

The Global Shared Mobility market size to cross USD 370.8 Billion by 2033. [https://edison

The number of users in the shared mobility market in the United States was forecast to continuously increase between 2025 and 2029 by in total **** million users (+**** percent). After the ninth consecutive increasing year, the number of users is estimated to reach ****** million users and therefore a new peak in 2029. Find further information concerning the penetration rate in the 'Bus Tickets' segment of the shared mobility market in China and the number of users in the shared mobility market in India. The Statista Market Insights cover a broad range of additional markets.

The revenue in the shared mobility market in India was forecast to continuously increase between 2025 and 2029 by in total **** billion U.S. dollars (+***** percent). After the ninth consecutive increasing year, the revenue is estimated to reach ****** billion U.S. dollars and therefore a new peak in 2029. Find further information concerning the penetration rate in the 'Car Rentals' segment of the shared mobility market in China and the revenue in the 'Train Tickets' segment of the shared mobility market in Austria. The Statista Market Insights cover a broad range of additional markets.

Shared Mobility market was valued at USD 257.50 Billion in 2024 and is expected to reach USD 422.43 Billion by 2030 with a CAGR of 8.60%.

Global Shared Mobility market size is expected to reach $619.72 billion by 2029 at 12.9%, segmented as by service, ride hailing, bike sharing, ride sharing, car sharing, other services

In 2024, the revenue in the shared mobility market in Japan was modeled to stand at ************* U.S. dollars. Between 2017 and 2024, the figure dropped by ************ U.S. dollars, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the revenue will steadily grow by ************ U.S. dollars from 2024 to 2030.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Shared Mobility.