Global Shared Mobility Market Size & Outlook, 2023-2040
Global shared mobility market, 2021-2040 (US$M)
Related Markets
Global shared mobility market highlights
- The global shared mobility market generated a revenue of USD 257.8 million in 2023 and is expected to reach USD 1,162.2 million by 2040.
- The market is expected to grow at a CAGR (2024 - 2040) of 9.3% by 2040.
- In terms of segment, ride hailing accounted for a revenue of USD 156.1 million in 2023.
- Bike sharing is the most lucrative service model segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2040.
Global data book summary
| Market revenue in 2023 | USD 257.8 million |
| Market revenue in 2040 | USD 1,162.2 million |
| Growth rate | 9.3% (CAGR from 2024 to 2040) |
| Largest segment | Ride hailing |
| Fastest growing segment | Bike sharing |
| Historical data covered | 2021 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2040 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ride hailing, Ride sharing, Bike sharing, Car sharing |
Other key industry trends
- In terms of revenue, the North America accounted for 23.2% of the global shared mobility market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2040.
- By country, India is the fastest growing regional market and is projected to reach USD 58.6 million by 2040.
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Shared Mobility Market Scope
Shared Mobility Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lyft Inc Class A | View profile | 2945 | 185 Berry Street, Suite 400, San Francisco, CA, United States, 94107 | https://www.lyft.com |
| Grab Holdings Inc Class A | View profile | 10604 | 3 Media Close, No. 01-03/06, Singapore, Singapore, 138498 | https://www.grab.com |
| Beijing Enterprises Holdings Ltd | View profile | 31000 | 18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, Hong Kong | https://www.behl.com.hk |
| Bayerische Motoren Werke AG | View profile | 154950 | Petuelring 130, Munich, BY, Germany, 80809 | https://www.bmwgroup.com |
| GreenGood Eco-Tech | View profile | 11-50 | Dubai, Dubai, United Arab Emirates, Asia | https://www.greengood.ae |
| Avis Budget Group Inc | View profile | 31000 | 379 Interpace Parkway, Parsippany, NJ, United States, 07054 | https://www.avisbudgetgroup.com |
| Uber Technologies Inc | View profile | 30700 | 1725 3rd Street, San Francisco, CA, United States, 94158 | https://www.uber.com |
Global shared mobility market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shared mobility market will help companies and investors design strategic landscapes.
Ride hailing was the largest segment with a revenue share of 60.55% in 2023. Horizon Databook has segmented the Global shared mobility market based on ride hailing, ride sharing, bike sharing, car sharing covering the revenue growth of each sub-segment from 2021 to 2040.
- Global Shared Mobility Service model Outlook (Revenue, USD Million, 2021-2040)
- Ride hailing
- Bike sharing
- ride sharing
- car sharing
- Others
- Global Shared Mobility Channel Outlook (Revenue, USD Million, 2021-2040)
- Online
- Offline
- Global Shared Mobility Vehicle Outlook (Revenue, USD Million, 2021-2040)
- Cars
- Two-wheelers
- Others
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Our clientele includes a mix of shared mobility market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global shared mobility market , including forecasts for subscribers. This global databook contains high-level insights into Global shared mobility market from 2021 to 2040, including revenue numbers, major trends, and company profiles.
Partial client list
Global shared mobility market size, by regions, 2021-2040 (US$M)
Top 10 countries: Shared mobility market size, 2023 (US$M)
Global shared mobility market share, by service model, 2023 & 2040 (%, US$M)
Shared mobility market: Opportunity assessment by country
Global shared mobility market, by region, 2023 (US$M)
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