Italy Shared Mobility Market Size & Outlook, 2023-2040
Italy shared mobility market, 2018-2040 (US$M)
Related Markets
Italy shared mobility market highlights
- The Italy shared mobility market generated a revenue of USD 4.3 million in 2023 and is expected to reach USD 19.6 million by 2040.
- The Italy market is expected to grow at a CAGR of 9.4% 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 4.3 million |
| Market revenue in 2040 | USD 19.6 million |
| Growth rate | 9.4% (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, Italy accounted for 1.7% 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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Italy 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 62.79% in 2023. Horizon Databook has segmented the Italy 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.
Italy's shared mobility market has expanded, particularly in cities like Milan, Rome, and Florence, where urban restructuring initiatives have aimed to reduce car use and promote sustainable and shared transportation.
The growth of shared mobility services in popular tourist destinations like Venice and Florence has enhanced the travel experience for visitors, offering efficient and integrated mobility solutions. Thus, it is expected to drive the market growth over the forecast period.
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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 country-level data and insights on the Italy shared mobility market , including forecasts for subscribers. This country databook contains high-level insights into Italy shared mobility market from 2018 to 2040, including revenue numbers, major trends, and company profiles.
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Italy shared mobility market size, by service model, 2018-2040 (US$M)
Italy Shared Mobility Market Outlook Share, 2023 & 2040 (US$M)
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