Shared Mobility

Global Shared Mobility Market to Reach US$768.1 Billion by 2030

The global market for Shared Mobility estimated at US$303.2 Billion in the year 2024, is expected to reach US$768.1 Billion by 2030, growing at a CAGR of 16.8% over the analysis period 2024-2030. Ride-Hailing, one of the segments analyzed in the report, is expected to record a 18.6% CAGR and reach US$308.8 Billion by the end of the analysis period. Growth in the Bike Sharing segment is estimated at 16.3% CAGR over the analysis period.

The U.S. Market is Estimated at US$79.7 Billion While China is Forecast to Grow at 15.7% CAGR

The Shared Mobility market in the U.S. is estimated at US$79.7 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$118.0 Billion by the year 2030 trailing a CAGR of 15.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 15.7% and 14.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 12.1% CAGR.

Global Shared Mobility Market – Key Trends & Drivers Summarized

Is the Shift from Ownership to Access Reshaping Urban Transportation?

The global shared mobility market is undergoing a transformative shift, driven by changing attitudes toward vehicle ownership, urban congestion, environmental concerns, and technological innovation. Consumers—particularly younger, urban populations—are increasingly opting for convenient, flexible transportation alternatives such as ride-hailing, car-sharing, bike-sharing, and scooter-sharing services instead of purchasing private vehicles. This shift is being fueled by the rising cost of vehicle ownership, limited parking availability, and growing awareness of the environmental impact of fossil-fueled transportation. Shared mobility platforms offer on-demand, app-based access to vehicles, enabling users to meet short-term travel needs with greater efficiency. This model supports multimodal urban mobility by allowing seamless integration with public transit and last-mile solutions. Governments and city planners are increasingly supporting shared mobility through dedicated infrastructure, congestion pricing, and emission-reduction incentives, recognizing its potential to reduce traffic, lower emissions, and optimize transportation networks. The trend reflects a broader evolution toward mobility-as-a-service (MaaS), where users access transportation as a utility rather than a possession—redefining how cities move, commute, and interact with transport systems.

Can Technology and Platform Integration Accelerate Market Maturity?

The rapid advancement of digital technologies is a cornerstone of growth in the shared mobility market, enabling real-time vehicle tracking, seamless booking, digital payments, dynamic pricing, and user analytics. Cloud computing, GPS, mobile apps, and AI-driven algorithms are allowing service providers to match supply with demand more efficiently, reduce idle time, and personalize user experiences. Shared mobility platforms are increasingly integrating across services—such as combining car-sharing with bike-sharing and public transit options—to create all-in-one mobility apps. These multimodal platforms are essential in building scalable, interoperable transportation networks that can adapt to evolving consumer behaviors and urban constraints. Additionally, the use of big data analytics helps operators identify travel patterns, optimize fleet distribution, and improve maintenance and operational decisions. The rise of autonomous vehicles and connected car technology also points toward a future where shared mobility fleets will operate with minimal human intervention, drastically reducing costs and expanding service areas. As competition intensifies, successful platforms will be those that can offer a seamless, safe, and frictionless user journey supported by robust backend systems and strategic partnerships across sectors.

Is Sustainability and Policy Support Driving Long-Term Viability?

Environmental sustainability is a core driver behind the expansion of shared mobility, as global efforts to curb emissions, improve air quality, and promote cleaner cities gain momentum. Shared electric vehicles—ranging from e-bikes and e-scooters to EV-based ride-hailing fleets—are rapidly replacing internal combustion engine vehicles in urban settings. Many cities are offering incentives, subsidies, or regulatory support to accelerate the electrification of shared mobility fleets and reduce the carbon footprint of transportation. In addition, shared mobility aligns with public policy goals aimed at reducing vehicle miles traveled, alleviating traffic congestion, and maximizing land use. Governments in Europe, North America, and parts of Asia are actively integrating shared mobility into urban transport planning through dedicated lanes, mobility hubs, and data-sharing mandates. Public-private partnerships are also on the rise, enabling collaborative innovation and efficient service rollout. At the same time, operators are embracing ESG commitments by adopting sustainable operations, recycling initiatives, and energy-efficient charging systems. These developments are not only improving the social license of shared mobility providers but are also making the business model more resilient to future regulatory shifts and urban mobility trends.

What’s Driving the Growth in the Shared Mobility Market?

The growth in the shared mobility market is driven by several factors directly linked to evolving consumer expectations, urbanization trends, and technological innovation. First, the increasing demand for affordable and flexible transportation options is pushing consumers—especially in metropolitan areas—to shift from private vehicles to shared services. Second, the proliferation of smartphones, mobile payment platforms, and location-based services is enabling seamless access to shared mobility networks. Third, rising environmental consciousness and urban air quality concerns are driving demand for electric and low-emission shared mobility options. Fourth, growing investment in transportation technology startups is fueling innovation in vehicle connectivity, fleet management, and user engagement tools. Fifth, the integration of shared mobility platforms with public transit systems is enhancing last-mile connectivity and reducing reliance on single-occupancy vehicles. Sixth, favorable government regulations, funding programs, and infrastructure investments are creating an enabling environment for shared services to thrive. Seventh, demographic shifts—including the preferences of younger generations for experience over ownership—are reshaping long-term demand patterns. Lastly, the COVID-19 pandemic has accelerated changes in mobility behavior, with a renewed focus on hygiene, flexibility, and digital-first solutions, leading to the redesign and relaunch of shared mobility offerings in more agile, user-centric formats. Collectively, these factors are propelling shared mobility from an alternative mode of transport into a mainstream pillar of the global urban mobility ecosystem.

SCOPE OF STUDY:

The report analyzes the Shared Mobility market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Service Model (Ride-Hailing, Bike Sharing, Ride Sharing, Car Sharing, Others); Channel (Online, Offline); Vehicle (Car, Two-Wheelers, Others)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 44 Featured) -

• Bird Rides Inc.
• BlaBlaCar
• Blu-Smart Mobility Pvt. Ltd.
• Bolt Technology
• Cabify
• Car2Go (Share Now)
• Careem (Uber subsidiary)
• Didi Chuxing Technology Co.
• EasyMile SAS
• Free2Move (Groupe PSA)
• Getaround
• Gojek
• Grab Holdings Inc.
• inDrive
• Lime
• Lyft Inc.
• Lyft Inc.
• MaaS Global
• Meru Mobility Tech Pvt. Ltd.
• Movmi Shared Transportation Services
• Ola Cabs (ANI Technologies Pvt. Ltd.)
• Scoot Networks
• Share Now (BMW and Daimler)
• Spin (Ford Mobility)
• Turo
• Uber Technologies Inc.
• Via Transportation Inc.
• Yandex.Taxi
• Zipcar (Avis Budget Group)
• Zoomcar India Private Limited

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.