Product Code: PM2297
The global shared mobility market size is expected to reach USD 815.14 billion by 2032 according to a new study by Polaris Market Research. The report "Shared Mobility Market Share, Size, Trends, Industry Analysis Report, By Type (Ride-sharing, Vehicle Rental/Leasing, Ride Sourcing, Private), By Vehicle Type (Passenger Cars, LCVs, Busses & Coaches, Micro Mobility), By Business Model; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing proliferation of smartphones and increasing demand for connected vehicles are the chief driving factor for the industry growth. In addition, unavailability of the parking spaces, especially in developed nations, tied with the growing prices of fuel and increasing on-road vehicle traffic is also attributed to the industry demand. Furthermore, the development of the automobile industry and integrated ecosystem across the transport sector and the introduction of several government initiatives to promote the growth of shared mobility are also creating lucrative opportunities for industry demand in forthcoming years.
Based on the type, the ride-sharing segment is dominating the global industry with the highest revenue shares owing to the emergence of technologically advanced autonomous ride-sharing and changing customer preferences. Whereas the vehicle rental/leasing segment shows the most elevated CAGR rate that leads to industry demand. Factors such as rising vehicle ownership prices and the increasing fuel & maintenance cost are bolstering the segment demand. Moreover, escalating international tourism activities further leads the segment growth over the forecast period.
The growing investment by the regulatory bodies for strengthening shared mobility systems is the major driving factor for the market growth. The increasing population-level leads to increasing concern as it may negatively impact the environment and human health. Consequentially, governments persuade the population to hold back themselves from using automotive as much as they can. Furthermore, customers renting personal drivers for their vehicles because of their cost-effectiveness tend to travel through shared transportation. Therefore, the rising trend of sharing rides with families and friends instead of personal rides is surging the demand for shared mobility across the globe.
Market participants such as Aptiv, ANI Technologies Pvt. Ltd., Avis Budget Group, Bolt Technology OU, car2go NA, Beijing Xiaoju Technology Co, Ltd., Careem, Enterprise Holdings Inc., Grab, Gett, HERTZ SYSTEM, INC., Lyft, Inc., MOBIKO, Mobiag, movmi Shared Transportation Services Inc., Uber Technologies Inc., The Hertz Corporation, limited liability Company (LLC), and Zipcar Inc. are some of the key players operating in the global market.
The frequent tactical movements such as mergers & acquisitions, product developments & launches, and others by the prominent market players support global market development. For instance, in September 2021, Transdev partnered to boost the company's services with the introduction of the "Transit On-Demand booking platform."
Polaris Market Research has segmented the shared mobility market report on the basis of type, vehicle type, business model, and region:
Shared Mobility, Type Outlook (Revenue - USD Billion, 2019-2032)
- Ride-sharing
- Vehicle Rental/Leasing
- Ride Sourcing
- Private
Shared Mobility, Vehicle Type Outlook (Revenue - USD Billion, 2019-2032)
- Passenger Cars
- LCVs
- Busses & Coaches
- Micro Mobility
Shared Mobility, Business Model Outlook (Revenue - USD Billion, 2019-2032)
Shared Mobility, Regional Outlook (Revenue - USD Billion, 2019-2032)
- North America
- U.S.
- Canada
- Europe
- France
- Germany
- UK
- Italy
- Netherlands
- Spain
- Austria
- Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
- Latin America
- Mexico
- Brazil
- Argentina
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Shared Mobility Market Insights
- 4.1. Shared Mobility - Industry Snapshot
- 4.2. Shared Mobility Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Depleting oil and gas reserves
- 4.2.1.2. New exploration and extraction techniques
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Falling crude oil prices
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Shared Mobility Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Shared Mobility Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 5.3. Ride-sharing
- 5.3.1. Global Shared Mobility Market, by Ride-sharing, by Region, 2019-2032 (USD Billion)
- 5.4. Vehicle Rental/Leasing
- 5.4.1. Global Shared Mobility Market, by Vehicle Rental/Leasing, by Region, 2019-2032 (USD Billion)
- 5.5. Ride Sourcing
- 5.5.1. Global Shared Mobility Market, by Ride Sourcing, by Region, 2019-2032 (USD Billion)
- 5.6. Private
- 5.6.1. Global Shared Mobility Market, by Private, by Region, 2019-2032 (USD Billion)
6. Global Shared Mobility Market, by Vehicle Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 6.3. Passenger Cars
- 6.3.1. Global Shared Mobility Market, by Passenger Cars, by Region, 2019-2032 (USD Billion)
- 6.4. LCVs
- 6.4.1. Global Shared Mobility Market, by LCVs, by Region, 2019-2032 (USD Billion)
- 6.5. Busses & Coaches
- 6.5.1. Global Shared Mobility Market, by Busses & Coaches, by Region, 2019-2032 (USD Billion)
- 6.6. Micro Mobility
- 6.6.1. Global Shared Mobility Market, by Micro Mobility, by Region, 2019-2032 (USD Billion)
7. Global Shared Mobility Market, by Business Model
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 7.3. P2P
- 7.3.1. Global Shared Mobility Market, by P2P, by Region, 2019-2032 (USD Billion)
- 7.4. B2B
- 7.4.1. Global Shared Mobility Market, by B2B, by Region, 2019-2032 (USD Billion)
- 7.5. B2C
- 7.5.1. Global Shared Mobility Market, by B2C, by Region, 2019-2032 (USD Billion)
8. Global Shared Mobility Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Shared Mobility Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Shared Mobility Market - North America
- 8.3.1. North America: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.3.3. North America: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.3.4. Shared Mobility Market - U.S.
- 8.3.4.1. U.S.: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.3.5. Shared Mobility Market - Canada
- 8.3.5.1. Canada: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4. Shared Mobility Market - Europe
- 8.4.1. Europe: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.4.3. Europe: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.4. Shared Mobility Market - UK
- 8.4.4.1. UK: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.5. Shared Mobility Market - France
- 8.4.5.1. France: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.4.5.3. France: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.6. Shared Mobility Market - Germany
- 8.4.6.1. Germany: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.7. Shared Mobility Market - Italy
- 8.4.7.1. Italy: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.8. Shared Mobility Market - Spain
- 8.4.8.1. Spain: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.9. Shared Mobility Market - Netherlands
- 8.4.9.1. Netherlands: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.10. Shared Mobility Market - Austria
- 8.4.10.1. Austria: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Austria.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.4.10.3. Austria: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5. Shared Mobility Market - Asia Pacific
- 8.5.1. Asia Pacific: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.4. Shared Mobility Market - China
- 8.5.4.1. China: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.5.4.3. China: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.5. Shared Mobility Market - India
- 8.5.5.1. India: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.5.5.3. India: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.6. Shared Mobility Market - Malaysia
- 8.5.6.1. Malaysia: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.7. Shared Mobility Market - Japan
- 8.5.7.1. Japan: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.8. Shared Mobility Market - Indonesia
- 8.5.8.1. Indonesia: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.9. Shared Mobility Market - South Korea
- 8.5.9.1. South Korea: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.6. Shared Mobility Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.6.4. Shared Mobility Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.6.5. Shared Mobility Market - UAE
- 8.6.5.1. UAE: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.6.6. Shared Mobility Market - Israel
- 8.6.6.1. Israel: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.6.7. Shared Mobility Market - South Africa
- 8.6.7.1. South Africa: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.7. Shared Mobility Market - Latin America
- 8.7.1. Latin America: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.7.4. Shared Mobility Market - Mexico
- 8.7.4.1. Mexico: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.7.5. Shared Mobility Market - Brazil
- 8.7.5.1. Brazil: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.7.6. Shared Mobility Market - Argentina
- 8.7.6.1. Argentina: Shared Mobility Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Shared Mobility Market, by Business Model, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Shared Mobility Market, by Vehicle Type, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. ANI Technologies Pvt. Ltd.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Aptiv
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Avis Budget Group
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Beijing Xiaoju Technology Co, Ltd.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Bolt Technology OU
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. car2go NA
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Careem
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Enterprise Holdings Inc.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Gett
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Grab
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. HERTZ SYSTEM, INC
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Lyft, Inc
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Mobiag
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. MOBIKO
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. movmi Shared Transportation Services Inc.
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. The Hertz Corporation
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development
- 10.17. limited liability Company (LLC)
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Product Benchmarking
- 10.17.4. Recent Development
- 10.18. Uber Technologies Inc.
- 10.18.1. Company Overview
- 10.18.2. Financial Performance
- 10.18.3. Product Benchmarking
- 10.18.4. Recent Development
- 10.19. Zipcar Inc.
- 10.19.1. Company Overview
- 10.19.2. Financial Performance
- 10.19.3. Product Benchmarking
- 10.19.4. Recent Development