Rising awareness of environmental sustainability and the growing demand for eco-friendly transportation solutions, is expected to drive the Shared Mobility Market

Market Research Future (MRFR) has published a cooked research report on the “Global Shared Mobility Market” that contains information from 2018 to 2032. The Shared Mobility market is estimated to register a CAGR of 12.00% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Shared Mobility market— Blu-Smart Mobility Pvt. Ltd., Bolt Technology OÜ, Autocrypt Co., Ltd., Cabify Espaa S.L.U., EasyMile SAS, Meru Mobility Tech Pvt. Ltd., ANI Technologies Private Limited (Ola), Zoomcar India Private Limited, Getaround, Inc., Free2move, BlaBlaCar, Lyft, Inc., Didi Chuxing Technology Co., Yandex LLC, Uber Technologies Inc.

Market Highlights

The global Shared Mobility market is accounted to register a CAGR of 12.00% during the forecast period and is estimated to reach USD 1219.6 billion by 2032.

Shared mobility encompasses a variety of transportation modes, including electric scooters, bicycles, and electric car-sharing programs. These modes of shared transportation are inherently more sustainable and eco-friendly compared to traditional gasoline-powered vehicles, leading to greater adoption and market growth. As consumers become more environmentally conscious, shared mobility providers are increasingly incorporating electric and low-emission vehicles into their fleets. This transition to cleaner transportation options aligns with the eco-friendly preferences of riders, reducing the carbon footprint associated with shared mobility services.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Shared mobility industry revenue

Segment Analysis

The global Shared Mobility market has been segmented based on service type, vehicle type and distribution channel.

On the basis of service type, the market is segmented into Bike Sharing, Car Sharing, Ride-Hailing, Public Transit and Micro transit. The ride hailing segment was attributed to holding the largest market share in 2022, due to its affordability and widespread accessibility.

Based on vehicle type, the global Shared Mobility market has been segmented into Two-Wheelers, Passenger Cars, Buses and Rails, and Others. The passenger cars segment was expected to hold the largest market share in 2022, due to its widespread availability and their versatility.

Based on distribution channel, the global Shared Mobility market has been segmented into Offline and Online. The online segment was expected to hold the largest market share in 2022, due to the rise of mobile apps and digital platforms.

Regional Analysis

The global Shared Mobility market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Shared Mobility market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Shared Mobility market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Shared Mobility market comprises of Middle East, Africa, and Latin America.

The largest market share for Shared Mobility was maintained by the North American regional sector. This increase is attributed to shifting consumer preferences towards cost-effective and convenient transportation solutions, especially in densely populated urban areas. The increasing need to reduce traffic congestion and environmental concerns also promote the adoption of shared mobility options such as ridesharing, carpooling, and bike sharing. Furthermore, partnerships between shared mobility providers, local governments, and transportation agencies have played a crucial role in expanding and improving the availability of these services, further boosting market growth.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for Shared Mobility is driven by stringent environmental regulations encouraging eco-friendly transportation, well-developed transportation infrastructure, and a growing urban population seeking convenient and sustainable mobility options, all of which promote the adoption of shared mobility services.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period, due to rapid urbanization and population growth in major cities, leading to increased traffic congestion and a higher demand for efficient and cost-effective transportation options. Additionally, the prevalence of smartphone technology and digital payment solutions in the region has made it easier for users to access and utilize shared mobility services, further fueling market growth.

Furthermore, the rest of the world's Shared Mobility market is divided into the Middle East, Africa, and Latin America. This growth is attributed to rapid urbanization, increasing traffic congestion, and a desire for cost-effective and efficient transportation solutions in densely populated regions. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.

Key Findings of the Study

• The global Shared Mobility market is expected to reach USD 1219.6 billion by 2032, at a CAGR of 12.00% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the increasing prevalence of smartphone technology and digital payment solutions in the region has made it easier for users to access and utilize shared mobility services.


• Based on service type, the ride hailing segment was attributed to holding the largest market in 2022, with an approximate market share of 45–65%.


• Blu-Smart Mobility Pvt. Ltd., Bolt Technology OÜ, Autocrypt Co., Ltd., Cabify Espaa S.L.U., EasyMile SAS, Meru Mobility Tech Pvt. Ltd., ANI Technologies Private Limited (Ola), Zoomcar India Private Limited, Getaround, Inc., Free2move, BlaBlaCar, Lyft, Inc., Didi Chuxing Technology Co., Yandex LLC, Uber Technologies Inc.