Shared Mobility Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Vehicle Type (Two wheeler, Passenger Car), By Propulsion Type (ICE, Electric), By Mobility Type (Ride Sharing, Vehicle Leasing, Private), By Region, By Competition.

Industry : Automotive
Pages : NA
Published Date : NA

Customization Enquiry

Buy Now

Single User Licence

$4500

Multi-User Licence

$5500

Custom Research Licence

$8000

Summary

Request Sample

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD 163 billion
CAGR (2023-2028)	14.7%
Fastest Growing Segment	Electric Propulsion
Largest Market	Asia-Pacific

Market Overview

Global Shared Mobility Market has valued at USD 163 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 14.7% through 2028. The global shared mobility market is undergoing a significant transformation, reshaping how people access transportation services. This market, characterized by the sharing of vehicles and rides, has witnessed substantial growth in recent years due to a combination of urbanization, changing consumer preferences, technological advancements, environmental concerns, and regulatory support.

Shared mobility encompasses a wide range of services, including ridesharing, car sharing, bike sharing, scooter sharing, and even emerging forms of shared autonomous mobility. These services provide users with more flexible and cost-effective alternatives to traditional car ownership, reducing the need for private vehicle ownership in urban areas. The rapid urbanization of the world's population has driven the growth of shared mobility services. As more people move to cities, traffic congestion, air pollution, and parking challenges become increasingly problematic. Shared mobility offers a solution by providing convenient transportation options that reduce the number of private vehicles on the road. This trend is particularly evident in densely populated urban centers, where residents are seeking alternatives to car ownership.

Key Market Drivers

Urbanization and Congestion Relief:

The process of urbanization has led to a surge in global urban populations. As cities become increasingly crowded, traffic congestion and pollution have become pervasive challenges. Shared mobility solutions present a practical and sustainable response to these issues. By offering alternatives to private vehicle ownership, shared mobility reduces the number of cars on the road, mitigating congestion and its associated problems. It promotes more efficient and eco-friendly transportation systems, which are essential for the well-being of urban environments.

Changing Consumer Preferences:

A significant driver behind the growth of shared mobility is the changing preferences of consumers, particularly among younger generations. Millennials and Generation Z, who prioritize experiences over possessions, have demonstrated a decreasing interest in car ownership. Instead, they favor on-demand, app-based mobility services that align with their digital lifestyles. The convenience and cost-effectiveness of shared mobility options like ride sharing, bike sharing, and scooter sharing make them particularly appealing to these demographics. This shift in consumer behavior is reshaping the transportation landscape, with shared mobility emerging as a primary choice for urban travel.

Technological Advancements:

The shared mobility market's rapid growth owes much to technological advancements. Mobile apps, GPS tracking, and real-time data optimization have revolutionized the way people access and utilize transportation services. Smartphone applications allow users to easily book rides, locate nearby vehicles, and make payments, all from the convenience of their devices. Furthermore, advanced data analytics and algorithms optimize vehicle allocation, reducing wait times and enhancing overall user experiences. These technological innovations have made shared mobility more accessible, efficient, and user-friendly, driving its widespread adoption.

Environmental Concerns and Sustainability:

Growing environmental awareness and concerns about air pollution, greenhouse gas emissions, and climate change are significant drivers pushing shared mobility to the forefront. Many shared mobility providers are making conscious efforts to incorporate eco-friendly options into their fleets. This includes the adoption of electric vehicles (EVs), hybrid cars, and other low-emission transportation modes. By doing so, shared mobility not only reduces individual car emissions but also encourages more sustainable transportation choices. Governments and environmental organizations support these initiatives, providing incentives for both providers and users to opt for cleaner shared mobility options, aligning with global sustainability goals.

Regulatory Support and Policy Initiatives:

Governments and regulatory bodies worldwide are increasingly recognizing the benefits of shared mobility in addressing urban mobility challenges. To foster the growth of shared mobility, many governments have introduced policies and regulations that support and facilitate these services. Some cities have designated dedicated lanes or parking areas for ride sharing or carsharing vehicles. Others have implemented pricing mechanisms to encourage shared rides and discourage single-occupancy vehicles. These regulatory changes promote the development of shared mobility and incentivize users to opt for more sustainable transportation options.

Collaboration and Partnerships:

Collaboration between shared mobility providers and various stakeholders is another significant driver. Partnerships between shared mobility companies and public transit agencies, for instance, create seamless, multi-modal transportation networks. This integration allows users to plan and pay for entire journeys, combining shared mobility with traditional public transportation modes like buses and trains. Such partnerships enhance the attractiveness of shared mobility services by providing users with comprehensive and efficient transportation solutions, further driving market growth.

Economic Considerations:

Economic factors play a pivotal role in the growth of shared mobility. Shared mobility services often offer more cost-effective alternatives to private car ownership. The affordability factor is particularly appealing, especially in urban areas where the costs of car ownership, including parking, insurance, and maintenance, can be high. Many consumers find that shared mobility options, like ride sharing and bike sharing, allow them to access transportation when needed without the substantial financial burden of owning a vehicle. This economic advantage has expanded the market's appeal and contributed to its continued growth.

Download Free Sample Report

Key Market Challenges

Regulatory Complexity and Compliance:

One of the foremost challenges for shared mobility providers is navigating the complex regulatory landscape. Regulations governing transportation services, safety standards, data privacy, and employment relationships can vary significantly between regions and countries. Compliance with these regulations can be a complex and costly endeavor. For instance, ridesharing platforms often face legal battles and regulatory hurdles related to driver classification (as independent contractors or employees), insurance requirements, and licensing. Navigating these legal and regulatory complexities requires substantial resources and expertise.

Safety Concerns and Liability Issues:

Safety is a paramount concern in shared mobility. Ensuring the safety of both passengers and drivers is a critical challenge. Ridesharing and other shared mobility services must implement robust safety protocols, including background checks for drivers, vehicle inspections, and incident response mechanisms. Liability issues can be particularly complex in the event of accidents or incidents involving shared mobility vehicles. Determining responsibility and insurance coverage can be contentious and legally challenging, requiring careful management and compliance with relevant regulations.

Labor Rights and Fair Compensation:

Shared mobility providers often face scrutiny and legal challenges related to labor rights and fair compensation for drivers. The classification of drivers as independent contractors rather than employees has been a contentious issue in many regions. Some argue that drivers should receive benefits and protections akin to traditional employees, including minimum wages, healthcare, and workers' compensation. Balancing the need for affordability and flexibility for drivers with fair compensation and labor rights remains a complex and ongoing challenge.

Market Competition and Consolidation:

The shared mobility market is highly competitive, with numerous startups and established companies vying for market share. This intense competition can lead to price wars and lower profit margins, making it challenging for providers to achieve sustainable profitability. Additionally, market consolidation is a trend, with larger companies acquiring or merging with smaller competitors to gain market dominance. Navigating this competitive landscape requires innovation, differentiation, and strategic partnerships to remain viable.

Infrastructure Limitations:

Infrastructure limitations, particularly in developing regions, can hinder the expansion of shared mobility services. Inadequate road networks, parking facilities, and public transportation options can limit the feasibility and convenience of shared mobility solutions. For instance, bike sharing and scooter sharing services may struggle to operate effectively in cities with inadequate bike lanes and designated parking areas. Shared mobility providers must work closely with local authorities and invest in infrastructure improvements to address these limitations.

Consumer Trust and Security:

Building and maintaining consumer trust is crucial in the shared mobility market. Instances of safety breaches, fraud, or privacy concerns can erode trust in these services. Users must feel confident that their personal information is secure, their payments are processed safely, and their journeys are free from safety risks. Shared mobility providers must invest in robust security measures, data protection protocols, and transparency initiatives to build and maintain consumer trust.

Technological Challenges and Reliability:

Shared mobility services heavily rely on technology platforms to connect users with vehicles, facilitate payments, and optimize operations. Technical glitches, app downtime, or cybersecurity threats can disrupt services and frustrate users. Maintaining the reliability and resilience of technology infrastructure is a continual challenge. Additionally, as shared mobility services explore emerging technologies like electric and autonomous vehicles, they must address technical challenges related to vehicle maintenance, charging infrastructure, and vehicle autonomy to ensure a seamless and reliable user experience.

Key Market Trends

Electrification and Sustainable Mobility:

A prominent trend in shared mobility is the increasing adoption of electric vehicles (EVs) and a focus on sustainability. Shared mobility providers are transitioning their fleets to electric or hybrid vehicles to reduce carbon emissions and promote eco-friendly transportation options. This trend aligns with global environmental goals and demonstrates a commitment to reducing the ecological footprint of shared mobility services.

Multi-Modal Integration:

Multi-modal integration is gaining traction to provide users with seamless, end-to-end transportation solutions. Shared mobility providers are collaborating with public transit agencies and other transportation modes such as buses, trains, and even micro mobility services like bike sharing and scooter sharing. These partnerships enable users to plan and pay for entire journeys, making shared mobility a convenient and comprehensive part of urban transportation networks.

Micro-Mobility and Last-Mile Solutions:

Micro-mobility services, including bike sharing and scooter sharing, have seen significant growth. They address the "last-mile" challenge, bridging the gap between public transportation hubs and final destinations. Users appreciate the convenience of these services for short trips within cities. Many shared mobility providers have incorporated micro-mobility options into their platforms or have acquired specialized micro-mobility startups to offer diverse transportation choices.

Shared Autonomous Mobility:

The development and deployment of autonomous vehicles (AVs) are gradually becoming a part of the shared mobility landscape. While widespread adoption is still on the horizon, pilot programs and testing are underway in various regions. Shared autonomous mobility has the potential to further reduce transportation costs and enhance accessibility. However, it comes with its own set of technological, regulatory, and safety challenges that must be addressed for successful implementation.

Subscription-Based Models:

Subscription-based models are gaining popularity in shared mobility. Instead of paying per ride, users can subscribe to monthly plans that offer unlimited access to various transportation services within a defined area or network. This model enhances user loyalty and encourages more frequent use of shared mobility services while providing predictable revenue streams for providers.

Data-Driven Insights and Personalization:

Shared mobility providers are increasingly relying on data analytics and artificial intelligence to optimize their services. They collect and analyze vast amounts of data related to user behavior, traffic patterns, and vehicle utilization. This data-driven approach helps providers improve operations, enhance user experiences, and personalize services. For instance, algorithms may suggest optimal routes or predict peak demand times, ensuring efficient resource allocation.

Evolving Business Models and Diversification:

Shared mobility providers are exploring new business models and diversifying their offerings to remain competitive and adapt to changing user needs. Some providers have expanded beyond ride sharing into areas like food delivery or parcel delivery services. Additionally, innovative approaches such as peer-to-peer car sharing, where individuals can share their privately-owned vehicles, are emerging. These evolving business models reflect a commitment to innovation and flexibility within the shared mobility market.

Segmental Insights

Vehicle Type Analysis

Cars will dominate segment growth, but two-wheelers will grow at the fastest CAGR. Cars are predicted to dominate the Shared Mobility industry and grab the largest revenue share. The segment's dominance is likely to continue during the projection period, owing to the increasing popularity of four-wheelers due to their capacity to service several consumers at the same time. Furthermore, the growing EV fleet among the major companies is likely to drive segmental growth even further.After a user becomes acclimated to electric cars, they would see that the cost of travel per km is 4-5 times cheaper than that of its gas equivalent. Due to rising urbanisation, two-wheelers are predicted to expand at the quickest CAGR throughout the projection period.

Regional Insights

Europe, South America, Asia Pacific, North America, the Middle East, and Africa are among the areas studied for the market. Asia Pacific has emerged as the largest market for the worldwide shared mobility industry,in 2022. China leads the global market for shared transportation. Around 33% of Chinese choose shared mobility as a means of transportation, with private automobiles coming in second. In addition, they want to transition to robotaxi and shuttles in the future. Didi Chuxing of China and Uber of the United States are the biggest ride-hailing shared mobility firms, accounting for over 40% of all shared mobility reservations. In terms of revenue, the Asia Pacific area's shared mobility market developed at a considerable rate . Ride sharing and ride sourcing services are popular in China, India, and ASEAN nations, which boosts the industry in the region. Service providers in Asia Pacific, such as OLA, UBER, Grab SG, and DIDI Chuxing, control a sizable portion of the shared mobility industry. Furthermore, increased urban population, rising working-class customers, and overcrowded public transport are some of the primary elements driving demand for shared mobility solutions.Furthermore, an increase in the number of daily commuters across the region, as well as a drop in the number of automobiles per thousand persons, are important variables driving the demand for shared transportation.

Download Free Sample Report

Recent Developments

Uber Technologies Inc. announced the debut of UberX Share in June 2022, which provides shared rides in New York, San Francisco, Chicago, Los Angeles, Portland, Phoenix, Pittsburgh, San Diego, and Indianapolis in the United States. The business intends to expand UberX Share, which allows users to share a ride, save money, remain on schedule, and make sustainable decision.
In June 2022, IFC, the World Bank Group's private sector arm, struck a deal with BlaBlaCar to invest around US$ 15 million to assist shared mobility platform expansion across Brazil and provide access to environmentally friendly, accessible, and inexpensive travel.

Key Market Players

Uber Technologies Inc.
ANI Technologies Pvt. Ltd.
Lyft, Inc.
Careem
Bolt Technology OÜ
Gett
Enterprise Holdings Inc.
Europcar
Curb Mobility
BlaBlaCar

By Vehicle Type	By Propulsion Type	By Mobility Type	By Region
Two Wheeler Passenger Car	ICE Electric	Ride Sharing Vehicle Leasing Private	North America Europe & CIS Asia Pacific South America Middle East & Africa

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:

o Two Wheeler

o Passenger Car

Shared Mobility Market, By Propulsion Type:

o ICE

o Electric

Shared Mobility Market, By Mobility Type:

o Ride Sharing

o Vehicle Leasing

o Private

Shared Mobility Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe & CIS

§ Germany

§ Spain

§ France

§ Russia

§ Italy

§ United Kingdom

§ Belgium

o Asia-Pacific

§ China

§ India

§ Japan

§ Indonesia

§ Thailand

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ Turkey

§ Iran

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Shared Mobility Market.

Available Customizations:

Global Shared Mobility Market report with the given market data, Tech Sci Research offers customizations according to a 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).

Global Shared Mobility Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Market 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. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Impact of COVID-19 on Global Shared Mobility Market

5. Global 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 Market Share Analysis (Two Wheeler , Passenger Cars)

5.2.2. By Propulsion Type Market Share Analysis (ICE, Electric)

5.2.3. By Mobility Type Market Share Analysis (Ride Sharing, Vehicle Leasing, Private)

5.2.4. By Regional Market Share Analysis

5.2.4.1. Asia-Pacific Market Share Analysis

5.2.4.2. Europe & CIS Market Share Analysis

5.2.4.3. North America Market Share Analysis

5.2.4.4. South America Market Share Analysis

5.2.4.5. Middle East & Africa Market Share Analysis

5.2.5. By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2022)

5.3. Global Shared Mobility Market Mapping & Opportunity Assessment

5.3.1. By Vehicle Type Market Mapping & Opportunity Assessment

5.3.2. By Propulsion Type Market Mapping & Opportunity Assessment

5.3.3. By Mobility Type Market Mapping & Opportunity Assessment

5.3.4. By Regional Market Mapping & Opportunity Assessment

6. Asia-Pacific 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 Market Share Analysis

6.2.2. By Propulsion Type Market Share Analysis

6.2.3. By Mobility Type Market Share Analysis

6.2.4. By Country Market Share Analysis

6.2.4.1. China Market Share Analysis

6.2.4.2. India Market Share Analysis

6.2.4.3. Japan Market Share Analysis

6.2.4.4. Indonesia Market Share Analysis

6.2.4.5. Thailand Market Share Analysis

6.2.4.6. South Korea Market Share Analysis

6.2.4.7. Australia Market Share Analysis

6.2.4.8. Rest of Asia-Pacific Market Share Analysis

6.3. Asia-Pacific: Country Analysis

6.3.1. China 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 Market Share Analysis

6.3.1.2.2. By Propulsion Type Market Share Analysis

6.3.1.2.3. By Mobility Type Market Share Analysis

6.3.2. India 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 Market Share Analysis

6.3.2.2.2. By Propulsion Type Market Share Analysis

6.3.2.2.3. By Mobility Type Market Share Analysis

6.3.3. Japan 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 Market Share Analysis

6.3.3.2.2. By Propulsion Type Market Share Analysis

6.3.3.2.3. By Mobility Type Market Share Analysis

6.3.4. Indonesia 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 Market Share Analysis

6.3.4.2.2. By Propulsion Type Market Share Analysis

6.3.4.2.3. By Mobility Type Market Share Analysis

6.3.5. Thailand 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 Market Share Analysis

6.3.5.2.2. By Propulsion Type Market Share Analysis

6.3.5.2.3. By Mobility Type Market Share Analysis

6.3.6. South Korea Shared Mobility Market Outlook

6.3.6.1. Market Size & Forecast

6.3.6.1.1. By Value

6.3.6.2. Market Share & Forecast

6.3.6.2.1. By Vehicle Type Market Share Analysis

6.3.6.2.2. By Propulsion Type Market Share Analysis

6.3.6.2.3. By Mobility Type Market Share Analysis

6.3.7. Australia Shared Mobility Market Outlook

6.3.7.1. Market Size & Forecast

6.3.7.1.1. By Value

6.3.7.2. Market Share & Forecast

6.3.7.2.1. By Vehicle Type Market Share Analysis

6.3.7.2.2. By Propulsion Type Market Share Analysis

6.3.7.2.3. By Mobility Type Market Share Analysis

7. Europe & CIS 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 Market Share Analysis

7.2.2. By Propulsion Type Market Share Analysis

7.2.3. By Mobility Type Market Share Analysis

7.2.4. By Country Market Share Analysis

7.2.4.1. Germany Market Share Analysis

7.2.4.2. Spain Market Share Analysis

7.2.4.3. France Market Share Analysis

7.2.4.4. Russia Market Share Analysis

7.2.4.5. Italy Market Share Analysis

7.2.4.6. United Kingdom Market Share Analysis

7.2.4.7. Belgium Market Share Analysis

7.2.4.8. Rest of Europe & CIS Market Share Analysis

7.3. Europe & CIS: Country Analysis

7.3.1. Germany 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 Market Share Analysis

7.3.1.2.2. By Propulsion Type Market Share Analysis

7.3.1.2.3. By Mobility Type Market Share Analysis

7.3.2. Spain 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 Market Share Analysis

7.3.2.2.2. By Propulsion Type Market Share Analysis

7.3.2.2.3. By Mobility Type Market Share Analysis

7.3.3. France 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 Market Share Analysis

7.3.3.2.2. By Propulsion Type Market Share Analysis

7.3.3.2.3. By Mobility Type Market Share Analysis

7.3.4. Russia 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 Market Share Analysis

7.3.4.2.2. By Propulsion Type Market Share Analysis

7.3.4.2.3. By Mobility Type Market Share Analysis

7.3.5. Italy 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 Market Share Analysis

7.3.5.2.2. By Propulsion Type Market Share Analysis

7.3.5.2.3. By Mobility Type Market Share Analysis

7.3.6. United Kingdom 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 Market Share Analysis

7.3.6.2.2. By Propulsion Type Market Share Analysis

7.3.6.2.3. By Mobility Type Market Share Analysis

7.3.7. Belgium 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 Market Share Analysis

7.3.7.2.2. By Propulsion Type Market Share Analysis

7.3.7.2.3. By Mobility Type Market Share Analysis

8. North America 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 Market Share Analysis

8.2.2. By Propulsion Type Market Share Analysis

8.2.3. By Mobility Type Market Share Analysis

8.2.4. By Country Market Share Analysis

8.2.4.1. United States Market Share Analysis

8.2.4.2. Mexico Market Share Analysis

8.2.4.3. Canada Market Share Analysis

8.3. North America: Country Analysis

8.3.1. United States 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 Market Share Analysis

8.3.1.2.2. By Propulsion Type Market Share Analysis

8.3.1.2.3. By Mobility Type Market Share Analysis

8.3.2. Mexico Shared Mobility Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Vehicle Type Market Share Analysis

8.3.2.2.2. By Propulsion Type Market Share Analysis

8.3.2.2.3. By Mobility Type Market Share Analysis

8.3.3. Canada Shared Mobility Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Vehicle Type Market Share Analysis

8.3.3.2.2. By Propulsion Type Market Share Analysis

8.3.3.2.3. By Mobility Type Market Share Analysis

9. South America Shared Mobility Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Vehicle Type Market Share Analysis

9.2.2. By Propulsion Type Market Share Analysis

9.2.3. By Mobility Type Market Share Analysis

9.2.4. By Country Market Share Analysis

9.2.4.1. Brazil Market Share Analysis

9.2.4.2. Argentina Market Share Analysis

9.2.4.3. Colombia Market Share Analysis

9.2.4.4. Rest of South America Market Share Analysis

9.3. South America: Country Analysis

9.3.1. Brazil Shared Mobility Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Vehicle Type Market Share Analysis

9.3.1.2.2. By Propulsion Type Market Share Analysis

9.3.1.2.3. By Mobility Type Market Share Analysis

9.3.2. Colombia Shared Mobility Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Vehicle Type Market Share Analysis

9.3.2.2.2. By Propulsion Type Market Share Analysis

9.3.2.2.3. By Mobility Type Market Share Analysis

9.3.3. Argentina Shared Mobility Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Vehicle Type Market Share Analysis

9.3.3.2.2. By Propulsion Type Market Share Analysis

9.3.3.2.3. By Mobility Type Market Share Analysis

10. Middle East & Africa Shared Mobility Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Vehicle Type Market Share Analysis

10.2.2. By Propulsion Type Market Share Analysis

10.2.3. By Mobility Type Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1. Turkey Market Share Analysis

10.2.4.2. Iran Market Share Analysis

10.2.4.3. Saudi Arabia Market Share Analysis

10.2.4.4. UAE Market Share Analysis

10.2.4.5. Rest of Middle East & Africa Market Share Africa

10.3. Middle East & Africa: Country Analysis

10.3.1. Turkey Shared Mobility Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Vehicle Type Market Share Analysis

10.3.1.2.2. By Propulsion Type Market Share Analysis

10.3.1.2.3. By Mobility Type Market Share Analysis

10.3.2. Iran Shared Mobility Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Vehicle Type Market Share Analysis

10.3.2.2.2. By Propulsion Type Market Share Analysis

10.3.2.2.3. By Mobility Type Market Share Analysis

10.3.3. Saudi Arabia Shared Mobility Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Vehicle Type Market Share Analysis

10.3.3.2.2. By Propulsion Type Market Share Analysis

10.3.3.2.3. By Mobility Type Market Share Analysis

10.3.4. UAE Shared Mobility Market Outlook

10.3.4.1. Market Size & Forecast

10.3.4.1.1. By Value

10.3.4.2. Market Share & Forecast

10.3.4.2.1. By Vehicle Type Market Share Analysis

10.3.4.2.2. By Propulsion Type Market Share Analysis

10.3.4.2.3. By Mobility Type Market Share Analysis

11. SWOT Analysis

11.1. Strength

11.2. Weakness

11.3. Opportunities

11.4. Threats

12. Market Dynamics

12.1. Market Drivers

12.2. Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1. Company Profiles (Up to 10 Major Companies)

14.1.1. Uber Technologies Inc.

14.1.1.1. Company Details

14.1.1.2. Key Product Offered

14.1.1.3. Financials (As Per Availability)

14.1.1.4. Recent Developments

14.1.1.5. Key Management Personnel

14.1.2. Careem

14.1.2.1. Company Details

14.1.2.2. Key Product Offered

14.1.2.3. Financials (As Per Availability)

14.1.2.4. Recent Developments

14.1.2.5. Key Management Personnel

14.1.3. Lyft, Inc.

14.1.3.1. Company Details

14.1.3.2. Key Product Offered

14.1.3.3. Financials (As Per Availability)

14.1.3.4. Recent Developments

14.1.3.5. Key Management Personnel

14.1.4. ANI Technologies Pvt. Ltd.

14.1.4.1. Company Details

14.1.4.2. Key Product Offered

14.1.4.3. Financials (As Per Availability)

14.1.4.4. Recent Developments

14.1.4.5. Key Management Personnel

14.1.5. Bolt Technology OÜ

14.1.5.1. Company Details

14.1.5.2. Key Product Offered

14.1.5.3. Financials (As Per Availability)

14.1.5.4. Recent Developments

14.1.5.5. Key Management Personnel

14.1.6. Europcar

14.1.6.1. Company Details

14.1.6.2. Key Product Offered

14.1.6.3. Financials (As Per Availability)

14.1.6.4. Recent Developments

14.1.6.5. Key Management Personnel

14.1.7. Curb Mobility

14.1.7.1. Company Details

14.1.7.2. Key Product Offered

14.1.7.3. Financials (As Per Availability)

14.1.7.4. Recent Developments

14.1.7.5. Key Management Personnel

14.1.8. Gett

14.1.8.1. Company Details

14.1.8.2. Key Product Offered

14.1.8.3. Financials (As Per Availability)

14.1.8.4. Recent Developments

14.1.8.5. Key Management Personnel

14.1.9. Enterprise Holdings Inc.

14.1.9.1. Company Details

14.1.9.2. Key Product Offered

14.1.9.3. Financials (As Per Availability)

14.1.9.4. Recent Developments

14.1.9.5. Key Management Personnel

14.1.10. BlaBlaCar

14.1.10.1. Company Details

14.1.10.2. Key Product Offered

14.1.10.3. Financials (As Per Availability)

14.1.10.4. Recent Developments

14.1.10.5. Key Management Personnel

15. Strategic Recommendations

15.1. Key Focus Areas

15.1.1. Target Regions

15.1.2. Target Vehicle Type

15.1.3. Target Propulsion Type

About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Shared Mobility Market in 2022?

The market size of the Global Shared Mobility Market was estimated to be USD 163 billion in 2022.

Which was the dominant segment by Vehicle type in the Global Shared Mobility Market in 2022?

Which is the dominant region in the Global Shared Mobility Market?

In terms of revenue, the Asia Pacific area's shared mobility market developed at a considerable rate. Ride sharing and ride sourcing services are popular in China, India, and ASEAN nations, which boosts the industry in the region. Service providers in Asia Pacific, such as OLA, UBER, Grab SG, and DIDI Chuxing, control a sizable portion of the shared mobility industry. Furthermore, increased urban population, rising working-class customers, and overcrowded public transport are some of the primary elements driving demand for shared mobility solutions. Furthermore, an increase in the number of daily commuters across the region, as well as a drop in the number of automobiles per thousand persons, are important variables driving the demand for shared transportation.

What are the major drivers for the Global Shared Mobility Market?

Urbanization and Congestion Relief, changing consumer preferences and regulatory support and policy initiatives and technological advancements is growing are the major drivers for the Global Shared Mobility Market.

Related Reports

Srishti Verma

Business Consultant

Talk To Analyst

Press Release

Global Shared Mobility Market to Grow with a CAGR of 14.7% through 2028

Sep, 2023

Urbanization and Congestion Relief, changing consumer preferences and regulatory support and policy initiatives is driving the Global Shared Mobility Market in the forecast period 2024-2028.