Press release
Shared Mobility Market Expected to Reach USD 1959.36 Billion by 2032
The ๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ size was valued at US$ 258.69 Billion in 2024 and the total Shared Mobility Market revenue is expected to grow at 28.8% through 2025 to 2032, reaching nearly US$ 1959.36 Billion.๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Shared mobility is revolutionizing transportation by offering innovative services such as carpooling, vehicle rentals, and commuting solutions, catering to the growing demand for cost-effective and sustainable mobility options. This market is witnessing significant growth due to rapid urbanization, escalating environmental concerns, depleting energy resources, and economic challenges. These factors collectively drive the shift from individual vehicle ownership to shared transport systems. The global shared mobility market is projected to expand at an impressive CAGR of 28.8% during the forecast period, signaling a transformative phase in the way people commute. This growth reflects the increasing adoption of shared transportation, fueled by technological advancements, financial investments, and a rising consumer preference for flexible mobility solutions.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.stellarmr.com/report/req_sample/Shared-Mobility-Market/289
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ:
The shared mobility market's growth is primarily propelled by several dynamic factors. Rapid urbanization and rising environmental awareness have created a pressing need for sustainable transportation alternatives. Shared mobility solutions significantly reduce traffic congestion, air pollution, and dependence on fossil fuels, making them highly appealing to eco-conscious consumers. Furthermore, economic considerations, including cost savings associated with ride-sharing and carpooling, contribute to the growing adoption of shared services. The advancement of technologies such as app-based platforms, real-time tracking, and autonomous vehicles further enhances the convenience and accessibility of shared mobility options. These drivers are collectively reshaping the transportation landscape, offering significant opportunities for businesses and stakeholders in the shared mobility ecosystem.
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's shared mobility market is gaining momentum, driven by rapid urbanization and the increasing need for cost-effective transport solutions. Key players such as ๐๐ซ๐๐ and ๐๐ ๐๐ซ๐จ๐ฎ๐ฉ are strengthening their foothold through strategic partnerships and service expansions. Recent mergers, such as ๐๐ข๐ง๐ ๐๐ฌ๐ญ'๐ฌ collaboration with global mobility firms, highlight the region's potential. The country is also witnessing significant growth in micromobility services, including electric scooters, catering to the younger, tech-savvy population.
๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's burgeoning tourism industry is a key driver for its shared mobility market. Leading companies, including ๐๐ข๐ง๐ ๐๐๐ฑ๐ข and ๐๐จ๐ฅ๐ญ, are leveraging app-based platforms to cater to the influx of tourists. Recent government initiatives promoting electric vehicles and shared mobility solutions are paving the way for a sustainable future. Additionally, the entry of autonomous shuttles in Bangkok signals a trend toward innovative transportation solutions.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.stellarmr.com/report/enquire_now/Shared-Mobility-Market/289
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ
Japan's shared mobility sector is characterized by its technological advancements and strong infrastructure. Companies like ๐๐จ๐ฒ๐จ๐ญ๐ and ๐๐จ๐๐ญ๐๐๐ง๐ค are investing in autonomous and electric vehicles to redefine shared transport. Recent developments include Toyota's partnership with ๐๐๐๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ for a mobility-as-a-service platform. The rise of subscription-based mobility services, such as those by ๐๐ซ๐ข๐ฑ ๐๐ฎ๐ญ๐จ, further underscores the evolving consumer preferences in Japan.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐๐ญ๐จ๐ซ
South Korea is rapidly adopting shared mobility solutions, driven by its tech-forward population and government support for green initiatives. Key players, including ๐๐๐ค๐๐จ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ, are expanding their e-hailing services with electric and autonomous vehicles. Mergers, such as ๐๐ฒ๐ฎ๐ง๐๐๐ข'๐ฌ acquisition of mobility startups, emphasize the market's consolidation phase. Shared micromobility, particularly electric scooters, is witnessing exponential growth in urban areas.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ
Singapore's strategic urban planning and focus on sustainable mobility have positioned it as a hub for shared mobility innovation. Companies like ๐๐จ๐ฃ๐๐ค and ๐๐จ๐ฆ๐๐จ๐ซ๐ญ๐๐๐ฅ๐๐ซ๐จ are investing heavily in autonomous vehicle trials and electric fleets. The government's policies promoting shared transport over private ownership have attracted significant international investments. Recent collaborations, such as Grab's partnership with EV manufacturers, highlight the region's consolidation phase.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ
The US shared mobility market remains a leader in innovation and scale. Dominant players like ๐๐๐๐ซ and ๐๐ฒ๐๐ญ continue to diversify their service portfolios, including bike-sharing and subscription models. Recent trends include the rise of ๐๐๐ฒ๐ฆ๐จ'๐ฌ autonomous taxi services and ๐ ๐จ๐ซ๐'๐ฌ entry into shared micromobility. Mergers such as ๐๐ข๐ซ๐'๐ฌ acquisition of scooter-sharing startup ๐๐ฉ๐ข๐ง underline the market's dynamic nature.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐จ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ
Europe is at the forefront of sustainable mobility, with countries like Germany, France, and the UK leading the transition. Companies such as ๐๐๐ข๐ฆ๐ฅ๐๐ซ and ๐๐๐ are merging their car-sharing units under the ๐๐ก๐๐ซ๐๐๐จ๐ฐ brand to optimize operations. The EU's stringent emission norms have accelerated the adoption of electric and hybrid shared vehicles. Recent funding for micromobility startups, including ๐๐ข๐๐ซ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ, underscores the growing investor confidence in the European market.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.stellarmr.com/report/req_sample/Shared-Mobility-Market/289
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ:
by Vehicle type
LCVs
Busses & Coaches
Micro mobility
Passenger Cars
by Services
โข Bike Sharing
โข Ride Sharing
โข Car Sharing
โข Ride Hailing
by Business model
โข P2P
โข B2B
โข B2C
by Power Source
โข Hybrid Electric Vehicle (HEV)
โข Plug-in Hybrid Electric Vehicle (PHEV)
โข Fuel Powered
โข Battery Electric Vehicle (BEV)
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.stellarmr.com/report/Shared-Mobility-Market/289 ๏ปฟ๏ปฟ
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ก๐๐ซ๐๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Beijing Xiaoju Technology Co, Ltd. (China)
Global car sharing car rental Ltd. (China)
Grab (Singapore)
Uber Technologies Inc. (USA)
ANI Technologies Pvt. Ltd. (India)
Lyft Inc. (USA)
Avis Budget Group (USA)
car2go NA, LLC (USA)
Careem (UAE)
Taxify Oร (Now Bolt) (Estonia)
Gett (UK)
Maxi Mobility S.L (Cabify) (Spain)
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
โฆ Graphite Market https://www.stellarmr.com/report/Graphite-Market/334
โฆ Dairy Ingredient Market https://www.stellarmr.com/report/Dairy-Ingredient-Market/340
โฆ Digital Transformation Market https://www.stellarmr.com/report/Digital-Transformation-Market/352
โฆ Topical Drug Delivery Market https://www.stellarmr.com/report/Topical-Drug-Delivery-Market/358
โฆ Fuel Cells Market https://www.stellarmr.com/report/Fuel-Cells-Market/377
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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