Global Shared Mobility Market Size & Outlook, 2023-2040

The shared mobility industry worldwide is expected to reach a projected revenue of US$ 1,162.2 million by 2040. A compound annual growth rate of 9.3% is expected of the worldwide shared mobility industry from 2024 to 2040.
Revenue, 2023 (US$M)
$257.8
Forecast, 2040 (US$M)
$1,162.2
CAGR, 2024 - 2040
9.3%
Report Coverage
Worldwide

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, Germany is expected to register the highest CAGR from 2024 to 2040.

Global data book summary

Market revenue in 2023USD 257.8 million
Market revenue in 2040USD 1,162.2 million
Growth rate9.3% (CAGR from 2023 to 2040)
Largest segmentRide hailing
Fastest growing segmentBike sharing
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2040
Quantitative unitsRevenue in USD million
Market segmentationRide hailing, Bike sharing, Ride 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, Germany is the fastest growing regional market and is projected to reach USD 28.6 million by 2040.

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Shared Mobility Market Companies

Name Profile # Employees HQ Website

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, bike sharing, ride sharing, car sharing covering the revenue growth of each sub-segment from 2018 to 2040.


  • Global Shared Mobility Service model Outlook (Revenue, USD Million, 2018-2040)
    • Ride hailing
    • Bike sharing
    • ride sharing
    • car sharing
    • Others
  • Global Shared Mobility Channel Outlook (Revenue, USD Million, 2018-2040)
    • Online
    • Offline
  • Global Shared Mobility Vehicle Outlook (Revenue, USD Million, 2018-2040)
    • 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 2018 to 2040, including revenue numbers, major trends, and company profiles.

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Global shared mobility market size, by region, 2018-2040 (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)

Global shared mobility market size, by region, 2018-2040 (US$M)

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