Automotive Industry Today
Shared Mobility Market to Reach USD 780.28 Billion by 2030, Driven by Ride-Hailing and Micromobility Expansion – Mordor Intelligence
The shared mobility market is redefining urban transportation by focusing on access instead of ownership. It includes services such as ride-hailing, car sharing, bike sharing, scooter rentals, and other short-term vehicle use models. These services provide cost-effective, flexible, and environmentally friendly alternatives to private vehicles. Growing urban populations, rising fuel costs, and increasing awareness about sustainable travel are encouraging people to opt for shared transportation solutions.
The shared mobility market’s growth is supported by the expansion of digital booking platforms, the use of electric vehicles in fleets, and strong government initiatives promoting low-emission transport. As cities worldwide invest in smart mobility systems and improve charging and parking infrastructure, shared mobility is becoming an essential part of modern public and private transport networks.
Key Market Trends
Rising Preference for Electric Fleets: Shared mobility operators are increasingly shifting toward electric vehicles to meet emission targets and lower operating costs. This transition is also supported by government subsidies and urban clean transport policies.
Growth of Micromobility Services: The use of e-bikes and e-scooters is expanding in major cities as consumers seek affordable and convenient short-distance travel options.
Adoption of Mobility-as-a-Service (MaaS): Integration of multiple transport options such as ride-hailing, car sharing, and public transit into a single digital platform is improving convenience and user experience.
Increasing Investment in Digital Platforms: Companies are focusing on app-based booking, payment integration, and real-time data tracking to improve efficiency and user engagement
Market Segmentation
By Type
- Ride-Hailing
- Car Sharing
- Shared Micromobility (e-bikes, e-scooters, and others)
- Rental and Leasing
- Shuttle and Bus Services
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Buses and Coaches
- Two-Wheelers
By Business Model
- Peer-to-Peer (P2P)
- Business-to-Business (B2B)
- Business-to-Consumer (B2C)
By Propulsion Type
- Internal Combustion Engine (ICE)
- Electric
By Autonomy Level
- Human-Driven
- Level 4 and Level 5 Robo-Taxi
By Geography
- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa
Major Companies Operating in the Market
- Uber Technologies, Inc.
- DiDi Chuxing
- Lyft Inc.
- Grab Holdings Inc.
- Hertz
Dominating Country of the Market
Asia-Pacific region holds the largest share in the global shared mobility market, accounting for 36.74 % of the market as of 2024, making it the dominant region globally. In that region, China plays an especially influential role: its large urban population, high digital adoption, supportive local policies, and early deployment of shared mobility systems (from ride-hailing to electric bikes and scooters) have made China the focal point of shared-mobility growth. China’s scale helps set trends in fleet electrification, pricing models, operational efficiency, and infrastructure build-out, which often ripple outward to other markets in Asia and beyond.
Related Reports from Mordor Intelligence
Mobility As A Service Market: https://www.mordorintelligence.com/industry-reports/mobility-as-a-service-market?utm_source=Industrytoday.co.uk
Vehicle Access Control Market: https://www.mordorintelligence.com/industry-reports/vehicle-access-control-market?utm_source=Industrytoday.co.uk
About Mordor Intelligence: Mordor Intelligence is a trusted partner for businesses seeking actionable market insights. With 550+ domain experts and specialists across 150+ countries, we deliver comprehensive syndicated and custom research across industries such as aerospace, agriculture, chemicals, consumer goods, energy, healthcare, and many more, helping organizations make informed decisions and achieve strategic goals.
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