Spain Shared Mobility Market Size & Outlook, 2023-2040

The shared mobility market in Spain is expected to reach a projected revenue of US$ 20.9 million by 2040. A compound annual growth rate of 9.9% is expected of Spain shared mobility market from 2024 to 2040.
Revenue, 2023 (US$M)
$4.2
Forecast, 2040 (US$M)
$20.9
CAGR, 2024 - 2040
9.9%
Report Coverage
Spain

Spain shared mobility market highlights

  • The Spain shared mobility market generated a revenue of USD 4.2 million in 2023 and is expected to reach USD 20.9 million by 2040.
  • The Spain market is expected to grow at a CAGR of 9.9% 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 2023USD 4.2 million
Market revenue in 2040USD 20.9 million
Growth rate9.9% (CAGR from 2023 to 2040)
Largest segmentRide hailing
Fastest growing segmentBike sharing
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2040
Quantitative unitsRevenue in USD million
Market segmentationRide hailing, Bike sharing, Ride sharing, Car sharing
Key market players worldwideBeijing 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, Spain accounted for 1.6% 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 Companies

Name Profile # Employees HQ Website

Spain 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 66.67% in 2023. Horizon Databook has segmented the Spain 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.


Spain registered the highest CAGR over the forecast period. The cities, including Barcelona and Madrid, saw the introduction of electric scooters and bikes, contributing to the growth of micro-mobility options.

Local regulations were implemented to manage shared mobility services and address safety and parking concerns. Shared mobility providers adapted their services to align with local preferences and cultural practices, facilitating acceptance in the Spanish market.

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Target buyers of Spain shared mobility market databook

  • Our clientele includes a mix of shared mobility market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain shared mobility market , including forecasts for subscribers. This country databook contains high-level insights into Spain shared mobility market from 2018 to 2040, including revenue numbers, major trends, and company profiles.

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Spain shared mobility market size, by service model, 2018-2040 (US$M)

Spain Shared Mobility Market Outlook Share, 2023 & 2040 (US$M)

Spain shared mobility market size, by service model, 2018-2040 (US$M)

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