Germany Shared Mobility Market Size & Outlook, 2023-2040
Germany shared mobility market, 2018-2040 (US$M)
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Germany shared mobility market highlights
- The Germany shared mobility market generated a revenue of USD 8.4 million in 2023 and is expected to reach USD 28.6 million by 2040.
- The Germany market is expected to grow at a CAGR of 7.4% from 2024 to 2040.
- In terms of segment, ride hailing was the largest revenue generating service model in 2023.
- Bike sharing is the most lucrative service model segment registering the fastest growth during the forecast period.
Shared mobility market data book summary
| Market revenue in 2023 | USD 8.4 million |
| Market revenue in 2040 | USD 28.6 million |
| Growth rate | 7.4% (CAGR from 2023 to 2040) |
| Largest segment | Ride hailing |
| Fastest growing segment | Bike sharing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2040 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ride hailing, Bike sharing, Ride sharing, Car sharing |
| Key market players worldwide | Beijing Enterprises Holdings Ltd, Bayerische Motoren Werke AG, Grab Holdings Inc Class A, GreenGood Eco-Tech, Lyft Inc Class A, Uber Technologies Inc, Avis Budget Group Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 3.3% of the global shared mobility market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2040.
- In Europe, UK shared mobility market is projected to lead the regional market in terms of revenue in 2040.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 20.9 million by 2040.
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Shared Mobility Market Scope
Shared Mobility Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 65.48% in 2023. Horizon Databook has segmented the Germany 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.
Germany has dominated the shared mobility market in 2022, driven by urbanization, a strong focus on sustainability, and a culture of innovation. Major cities like Berlin, Munich, and Hamburg experience high population density and traffic congestion, making shared mobility services an attractive alternative to private car ownership.
Car-sharing services like Drive Now and Car2Go have become popular, allowing residents to access vehicles as needed without the costs and hassles of car ownership. Additionally, bike-sharing programs and electric scooters have thrived as last-mile solutions and ecofriendly alternatives for short trips.
The German government's strong push for electric vehicle adoption has led to the emergence of electric ride-sharing services and EV fleets. As a result, the shared mobility market in this country will contribute to growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany shared mobility market , including forecasts for subscribers. This country databook contains high-level insights into Germany shared mobility market from 2018 to 2040, including revenue numbers, major trends, and company profiles.
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Germany shared mobility market size, by service model, 2018-2040 (US$M)
Germany Shared Mobility Market Outlook Share, 2023 & 2040 (US$M)
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