Shared Mobility Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type, By Propulsion Type, By Mobility Type, By Region & Competition, 2020-2030F
Global 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% during the forecast period. Shared mobility is transforming the transportation landscape by offering flexible, efficient, and cost-effective alternatives to vehicle ownership. The rise of ride-hailing, car-sharing, bike-sharing, and micro-mobility services is reshaping urban commuting patterns. Technological integration, such as app-based bookings, real-time tracking, and digital payments, has enhanced the user experience and contributed to widespread adoption. As consumers increasingly prioritize convenience and affordability, shared mobility platforms are gaining traction across diverse demographics, from daily commuters to occasional travelers. For instance, between 2008 and 2023, the global share of trips made through sustainable modes mass transit, walking, cycling, and shared mobility increased from 57% to approximately 65%, reflecting a notable shift in urban travel behavior. This upward trend highlights growing public awareness and adoption of greener mobility solutions. While private cars still account for about 70% of passenger-kilometers in urban areas and 90% in rural regions, the consistent rise in sustainable trip share signals progress toward more efficient, lower-emission transport systems, especially in regions like Europe and Southeast Asia where public transport has a stronger presence in the modal split.
Market Overview
Forecast Period
2026-2030
Market Size 2024
USD 257.50 Billion
Market Size 2030
USD 422.43 Billion
CAGR 2025-2030
8.60%
Fastest Growing Segment
Two-wheeler
Largest Market
Asia-Pacific
Market Drivers
Urbanization and Traffic Congestion
The rapid pace of urbanization is leading to densely populated cities where personal vehicle use is increasingly unsustainable. As road networks reach capacity, traffic congestion becomes a daily struggle for commuters, causing delays, increased fuel consumption, and heightened stress levels. Shared mobility solutions such as ride-hailing, carpooling, and micro-mobility options present practical alternatives by reducing the number of vehicles on the road and optimizing transport efficiency. Shared rides allow multiple users to travel together, minimizing traffic volume and lowering emissions. This shift not only improves traffic flow but also aligns with the goals of city planners seeking to enhance urban mobility. Commuters benefit from reduced travel costs and the convenience of avoiding parking hassles. The pressure on infrastructure is also alleviated as shared modes reduce road wear and tear. As cities continue to grow and face mounting congestion challenges, the need for scalable and adaptive transport models fuels the adoption of shared mobility systems. For instance, transport remains a major global challenge, contributing 25%-40% of national CO2 emissions and standing as the only sector with continuous growth in emissions since 1990, according to the IEA. Safety remains a concern as well, with urban traffic fatalities ranging from 0.8 to 15 per 100,000 inhabitants, showing little improvement in recent years. Despite the temporary relief brought by remote work, traffic congestion has rebounded since 2023, and commuting times continue to rise. In Europe alone, annual hours spent in traffic increased from 65 in 2019 to 90 in 2022 a nearly 40% surge underscoring the urgent need for more efficient and sustainable urban mobility solutions.
Key Market Challenges
Regulatory Uncertainty and Compliance Issues
Shared mobility operators often face evolving and inconsistent regulations across different jurisdictions. This lack of standardization creates operational hurdles, especially for companies scaling services across multiple regions. Licensing requirements, data-sharing mandates, and safety standards can differ drastically, complicating compliance. Regulatory pushback from traditional transport operators and lobbying groups may lead to restrictive policies, limiting the expansion of shared platforms. Sudden regulatory changes can disrupt services, lead to fines, or force providers to withdraw from markets. Clear and collaborative policymaking is often absent, resulting in delays and legal ambiguities.
Key Market Trends
Rise of Micro-Mobility Solutions
Micro-mobility options like e-scooters, e-bikes, and shared bicycles are gaining prominence as viable first- and last-mile solutions. These lightweight, flexible modes of transport are ideal for short-distance travel, reducing reliance on cars and enhancing public transit connectivity. Their compact size makes them easier to deploy in urban environments where road and parking space is limited. Users benefit from quick, low-cost trips that are both convenient and environmentally friendly. Cities are supporting micro-mobility through dedicated bike lanes, parking zones, and integration into transportation planning. Operators are investing in sturdier vehicle designs, battery efficiency, and user-friendly apps to increase adoption. As infrastructure improves and user familiarity grows, micro-mobility is evolving from a niche option to a core component of urban transport networks.
Key Market Players
Uber Technologies Inc.
Ola Electric Mobility Ltd
Lyft, Inc.
Careem
Bolt Technology OU
Car2Go
Deutsche Bahn Connect GmbH
DiDi Chuxing
Drive Now (BMW)
EVCARD
Report Scope:
In this report, the global Shared Mobility Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Shared Mobility Market, By Vehicle Type:
Two-wheeler
Passenger Car
Shared Mobility Market, By Propulsion Type:
ICE
Electric
Shared Mobility Market, By Mobility Type:
Ride Sharing
Vehicle Leasing
Private
Shared Mobility Market, By Region:
North America
United States
Canada
Mexico
Europe & CIS
Germany
France
U.K.
Spain
Italy
Asia-Pacific
China
Japan
India
Vietnam
South Korea
Australia
Thailand
Middle East & Africa
South Africa
Saudi Arabia
UAE
Turkey
South America
Brazil
Argentina
Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the global Shared Mobility Market.
Available Customizations:
Global Shared Mobility Market report with the given market data, TechSci Research offers customizations according to the company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Methodology Landscape
2.2. Objective of the Study
2.3. Baseline Methodology
2.4. Formulation of the Scope
2.5. Assumptions and Limitations
2.6. Sources of Research
2.7. Approach for the Market Study
2.8. Methodology Followed for Calculation of Market Size & Market Shares
2.9. Forecasting Methodology
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions
3.5. Overview of Market Drivers, Challenges, and Trends
4. Global Shared Mobility Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value
4.2. Market Share & Forecast
4.2.1. By Vehicle Type (Two-wheeler, Passenger Car)
4.2.2. By Propulsion Type (ICE, Electric)
4.2.3. By Mobility Type (Ride Sharing, Vehicle Leasing, Private)
4.2.4. By Region
4.2.5. By Company (2024)
4.3. Market Map
5. North America Shared Mobility Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Vehicle Type
5.2.2. By Propulsion Type
5.2.3. By Mobility Type
5.2.4. By Country
5.3. North America: Country Analysis
5.3.1. United States Shared Mobility Market Outlook
5.3.1.1. Market Size & Forecast
5.3.1.1.1. By Value
5.3.1.2. Market Share & Forecast
5.3.1.2.1. By Vehicle Type
5.3.1.2.2. By Propulsion Type
5.3.1.2.3. By Mobility Type
5.3.2. Canada Shared Mobility Market Outlook
5.3.2.1. Market Size & Forecast
5.3.2.1.1. By Value
5.3.2.2. Market Share & Forecast
5.3.2.2.1. By Vehicle Type
5.3.2.2.2. By Propulsion Type
5.3.2.2.3. By Mobility Type
5.3.3. Mexico Shared Mobility Market Outlook
5.3.3.1. Market Size & Forecast
5.3.3.1.1. By Value
5.3.3.2. Market Share & Forecast
5.3.3.2.1. By Vehicle Type
5.3.3.2.2. By Propulsion Type
5.3.3.2.3. By Mobility Type
6. Europe & CIS Shared Mobility Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Vehicle Type
6.2.2. By Propulsion Type
6.2.3. By Mobility Type
6.2.4. By Country
6.3. Europe & CIS: Country Analysis
6.3.1. France Shared Mobility Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Vehicle Type
6.3.1.2.2. By Propulsion Type
6.3.1.2.3. By Mobility Type
6.3.2. Germany Shared Mobility Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Vehicle Type
6.3.2.2.2. By Propulsion Type
6.3.2.2.3. By Mobility Type
6.3.3. Spain Shared Mobility Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Vehicle Type
6.3.3.2.2. By Propulsion Type
6.3.3.2.3. By Mobility Type
6.3.4. Italy Shared Mobility Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Vehicle Type
6.3.4.2.2. By Propulsion Type
6.3.4.2.3. By Mobility Type
6.3.5. United Kingdom Shared Mobility Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Vehicle Type
6.3.5.2.2. By Propulsion Type
6.3.5.2.3. By Mobility Type
7. Asia-Pacific Shared Mobility Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
7.2.2. By Propulsion Type
7.2.3. By Mobility Type
7.2.4. By Country
7.3. Asia-Pacific: Country Analysis
7.3.1. China Shared Mobility Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Vehicle Type
7.3.1.2.2. By Propulsion Type
7.3.1.2.3. By Mobility Type
7.3.2. Japan Shared Mobility Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Vehicle Type
7.3.2.2.2. By Propulsion Type
7.3.2.2.3. By Mobility Type
7.3.3. India Shared Mobility Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Vehicle Type
7.3.3.2.2. By Propulsion Type
7.3.3.2.3. By Mobility Type
7.3.4. Vietnam Shared Mobility Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Vehicle Type
7.3.4.2.2. By Propulsion Type
7.3.4.2.3. By Mobility Type
7.3.5. South Korea Shared Mobility Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Vehicle Type
7.3.5.2.2. By Propulsion Type
7.3.5.2.3. By Mobility Type
7.3.6. Australia Shared Mobility Market Outlook
7.3.6.1. Market Size & Forecast
7.3.6.1.1. By Value
7.3.6.2. Market Share & Forecast
7.3.6.2.1. By Vehicle Type
7.3.6.2.2. By Propulsion Type
7.3.6.2.3. By Mobility Type
7.3.7. Thailand Shared Mobility Market Outlook
7.3.7.1. Market Size & Forecast
7.3.7.1.1. By Value
7.3.7.2. Market Share & Forecast
7.3.7.2.1. By Vehicle Type
7.3.7.2.2. By Propulsion Type
7.3.7.2.3. By Mobility Type
8. Middle East & Africa Shared Mobility Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By Propulsion Type
8.2.3. By Mobility Type
8.2.4. By Country
8.3. MEA: Country Analysis
8.3.1. South Africa Shared Mobility Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Vehicle Type
8.3.1.2.2. By Propulsion Type
8.3.1.2.3. By Mobility Type
8.3.2. Saudi Arabia Shared Mobility Market Outlook