Mobility Demand Market

Q: Which Region witnessed the largest market share in the Mobility on Demand market?

North America witnessed the largest share of the market Read More

Q: Which Data Service had the largest market share in the Mobility on Demand market?

The Information had the largest share in the market. Read More

ID: MRFR/ICT/2371-HCR

100 Pages

Aarti Dhapte

September 2025

Mobility on Demand Market Research Report: Information By Vehicle Type (Micro Mobility Vehicles, Four-wheelers), By Internet connectivity (WiFi, 5G, 4G, 3G), By Service types (Car Rental, E-hailing, Station-based Mobility, Car Sharing), By Data Service (Information, Payment, Navigation, and Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

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Summary Table of Contents Segmentation Infographic

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Mobility Demand Market Summary

As per Market Research Future Analysis, the Mobility on Demand Market is set to experience significant growth, expanding from USD 125.05 billion in 2024 to USD 259.64 billion by 2032, with a CAGR of 9.56% during the forecast period. The market was valued at USD 112.665 billion in 2023, driven by key players like Cabify and Uber, who are innovating to enhance market growth. The shift from car ownership to renting, particularly in the intercity segment, is a notable trend, supported by rising urbanization and government initiatives for smart cities.

Key Market Trends & Highlights

Key trends driving the Mobility on Demand market include:

Projected market growth from USD 125.05 billion in 2024 to USD 259.64 billion by 2032.
Intercity segment held the largest market share in 2022, reflecting increased demand for shared vehicles.
5G connectivity dominates the market, essential for real-time communication in ride-hailing services.
Micro-mobility vehicles are preferred for their affordability and environmental benefits.

Mobility Demand Market

CAGR

9.56%

Market Size & Forecast

2024 Market Size	USD 125.05 Billion
2032 Market Size	USD 259.64 Billion
CAGR	9.56%

Major Players

Major players include Uber Technologies Inc., Lyft, DidiChuxing, Delphi Automotive Plc, and Intel Corporation.

Mobility Demand Market Trends

Rising costs of vehicle ownership to surge demand is driving the market growth

The ongoing evolution of urban mobility solutions suggests a paradigm shift towards more sustainable and efficient transportation options, driven by technological advancements and changing consumer preferences.

U.S. Department of Transportation

Mobility Demand Market Drivers

Technological Advancements

The Global Mobility on Demand Market Industry is experiencing rapid technological advancements that enhance service efficiency and user experience. Innovations such as mobile applications, GPS tracking, and real-time data analytics are transforming how consumers access transportation services. For instance, the integration of artificial intelligence in routing algorithms optimizes travel times and reduces operational costs. As a result, the market is projected to reach 125.0 USD Billion in 2024, reflecting a growing reliance on technology to meet consumer demands. These advancements not only streamline operations but also improve safety and reliability, making mobility services more appealing to users.

Market Segment Insights

Mobility on Demand Segment Insights

Mobility on Demand Vehicle Type Insights

Based on Vehicle Type, the Mobility on Demand market segmentation includes Micro Mobility vehicles, Four-wheelers. The micro-mobility vehicles segment dominated the market because micro-mobility vehicles, such as scooters and bikes, are a more affordable and convenient way to get around than traditional four-wheelers. They are also more environmentally friendly, as they do not produce emissions.

Figure 2: Mobility on Demand Market, by Vehicle Type, 2022 & 2032(USD billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Mobility on Demand Internet Connectivity Insights

The Mobility on Demand market segmentation, based on Internet connectivity, includes WiFi, 5G, 4G, and 3G. The 5G segment dominated the market because 5G is the fastest and most reliable internet connectivity available, essential for mobility-on-demand services. 5G provides high speeds and low latency, allowing real-time communication and data transfer. This is important for services such as ride-hailing, where drivers need to be able to communicate with passengers in real-time.

Mobility on Demand Service types Insights

The Mobility on Demand market segmentation, based on Service types, includes Car rental, E-hailing, Station-based mobility, and Car sharing. The e-hailing segment dominated the market because e-hailing services, such as Uber and Lyft, are a convenient and affordable way to get around. They allow users to book a ride with a few taps on their smartphone, and they typically offer lower prices than traditional taxi services.

Mobility on Demand Data Service Insights

Based on Data Service, the Mobility on Demand market segmentation, includes Information, Payment, Navigation, and Others. The information segment dominated the market because Information is essential for mobility-on-demand services. Information services include real-time traffic updates, weather forecasts, and points of interest. These services help users to make informed decisions about their travel plans.

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Regional Insights

Segmented by region, the study provides market insights for North America, Europe, Asia Pacific and the rest of the world. The Asia-Pacific Mobility on Demand Market will dominate this market due to its increased demand for advanced IT infrastructure, and the growing population in the urban areas will boost the market growth in this Region. Moreover, China’s Mobility on Demand market held the largest market share, and the Indian Mobility on Demand market was the fastest-growing market in the Asia-Pacific region.

In addition, major countries examined in the market report include the United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, Australia, South Korea and Brazil.

Figure 3: MOBILITY ON DEMAND MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

The Europe on-demand market accounts for the second largest market share as consumers tend to rent or share cars, which is important for the region with economic dominance. Further, the German Mobility on Demand market held the largest market share, and the UK Mobility on Demand market was the fastest-growing market in the European Region.

The North American mobility-on-demand market area is expected to grow at the largest CAGR from 2023 to 2032. This is due tothe rise in the adoption of e-hailing services and the Region's BYOD (Bring Your Device).

Key Companies in the Mobility Demand Market market include

Industry Developments

March 2023: Bird has launched a new electric scooter sharing service in San Francisco. The service is a first in the city and is expected to compete with other scooter services like Lime and Spin.

April 2023: The European Commission plans to regulate the needs of the economy. These regulations ensure the safety, integrity, and security of on-demand services.

Future Outlook

Mobility Demand Market Future Outlook

The Mobility on Demand Market is projected to grow at a 9.56% CAGR from 2024 to 2035, driven by technological advancements, urbanization, and changing consumer preferences.

New opportunities lie in:

Develop AI-driven routing algorithms to enhance operational efficiency.
Expand electric vehicle fleets to meet sustainability demands.
Leverage partnerships with local governments for integrated mobility solutions.

By 2035, the Mobility on Demand Market is expected to be a pivotal component of global transportation.

Market Segmentation

Mobility on Demand Regional Outlook

US
Canada

Mobility on Demand Vehicle Type Outlook

Micro Mobility vehicles
Four-wheelers

Mobility on Demand Internet Data Service Outlook

Information
Payment
Navigation
Others

Mobility on Demand Internet connectivity Outlook

WiFi
5G
4G
3G

Mobility on Demand Internet Service types Outlook

Car rental
E-hailing
Station-based mobility
Car sharing

Report Scope

Attribute/Metric	Details
Market Size 2023	USD 112.66 billion
Market Size 2024	USD 125.05 billion
Market Size 2032	USD 259.64 billion
Compound Annual Growth Rate (CAGR)	9.56% (2024-2032)
Base Year	2023
Market Forecast Period	2024-2032
Historical Data	2018- 2022
Market Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered	Vehicle Type, Internet connectivity, Service types, Data Service and Region
Geographies Covered	North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered	USA, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea and Brazil
Key Companies Profiled	Uber Technologies Inc. (U.S.), Delphi Automotive Plc (U.K.), Denso Corporation (Japan), Intel Corporation (U.S.), Tomtom NV (Netherlands), Robert Bosch Gmbh (Germany), International Business Machines Corp. (U.S.), DidiChuxing (China), Gett, Inc. (U.S.), Lyft (U.S.)
Key Market Opportunities	This can be a huge opportunity for the mobility-on-demand market.
Key Market Dynamics	Cab booking services are also vital in generating revenues across the mobility-on-demand market.

Market Highlights

Mobility Demand Companies

Author

Aarti Dhapte

Team Lead - Research

She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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FAQs

How much is the Mobility on Demand market?

The Mobility on Demand market size was valued at USD112.665 Billion in 2023.

What is the growth rate of the Mobility on Demand market?

The market is witnessed to grow with a CAGR of 9.56% in the forecast period 2024-2032.

Which Region witnessed the largest market share in the Mobility on Demand market?

North America witnessed the largest share of the market

Who are the key players in the business needs industry?

The key players in the market are Uber Technologies Inc. (U.S.), Delphi Automotive Plc (U.K.), Denso Corporation (Japan), Intel Corporation (U.S.), Tomtom NV (Netherlands), Robert Bosch Gmbh (Germany), International Business Machines Corp. (U.S.), DidiChuxing (China), Gett, Inc. (U.S.), Lyft (U.S.).

Which Vehicle Type led the Mobility on Demand market?

The Micro-Mobility vehicles category dominated the market in 2023.

Which Data Service had the largest market share in the Mobility on Demand market?

The Information had the largest share in the market.

Mobility on Demand Market Research Report - Forecast till 2032 Infographic

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