How Big Is the Smart Mobility Market | Industry Trends & Forecast 2025

Code: MTA8702 Publication Date: Sep 2025

How big is the Smart Mobility Market?

According to 6Wresearch internal database and industry insights, the Global Smart Mobility Market was estimated at USD 18 billion in 2024 and is anticipated to reach approximately USD 27 billion by 2031, expanding at a CAGR of 5.70% during the forecast period of 2025-2031.

This expansion is underpinned by rising adoption of electric and autonomous vehicles, increasing government support for sustainable transportation, and growing integration of IoT and AI in mobility solutions.

Key Growth Drivers of the Smart Mobility Market

  • There has been increasing demand for connected and shared mobility services across urban centers
  • Supportive government policies and investments in electric vehicle charging infrastructure
  • Advancements in AI, IoT, and big data enhancing traffic and fleet management
  • There has been rising consumer preference for sustainable and efficient transport modes
  • Development of Mobility-as-a-Service (MaaS) platforms and ride-sharing adoption

Smart Mobility Market Trends

In general, the Smart Mobility Market is expected to witness key trends such as growing adoption of autonomous shuttles and self-driving taxis in smart cities. Further, there is a rise in e-mobility sharing solutions such as e-scooters and bike-sharing services. Also, expansion of integrated MaaS platforms is reshaping commuter experiences. In addition, deployment of AI-powered traffic management systems is reducing congestion.

Emerging Developments in the Smart Mobility Market

Smart Mobility Market is emerging with pilot projects for autonomous public transport in major cities. On the other hand, large-scale deployment of EV charging and battery swapping stations. The investment is increasing in AI-enabled predictive maintenance for fleet operators. Moreover, the expansion of connected car ecosystems integrated with smart infrastructure is continued to rise.

List of Leading Companies in the Smart Mobility Industry

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Lyft Inc.

Company NameLyft Inc.
Established Year2012
HeadquartersSan Francisco, United States
Official WebsiteClick Here

This company specializes in ride-sharing, micro-mobility services, and partnerships for EV adoption in urban transport.

2. Siemens Mobility

Company NameSiemens Mobility
Established Year2018
HeadquartersMunich, Germany
Official WebsiteClick Here

This company provides smart mobility solutions for rail, road, and urban transport with a focus on digitalization and electrification.

3. Uber Technologies Inc.

Company NameUber Technologies Inc.
Established Year2009
HeadquartersSan Francisco, United States
Official WebsiteClick Here

This company leads in ride-hailing, shared mobility, and MaaS platforms integrating electric and autonomous vehicle solutions.

4. Denso Corporation

Company NameDenso Corporation
Established Year1949
HeadquartersKariya, Japan
Official WebsiteClick Here

This company develops connected vehicle technologies and smart mobility solutions for autonomous driving and electrification.

5. Ford Smart Mobility LLC

Company NameFord Smart Mobility LLC
Established Year2016
HeadquartersDearborn, United States
Official WebsiteClick Here

This company focuses on connected vehicles, autonomous driving, and smart city mobility solutions under Ford’s global mobility strategy.

6. Bosch Mobility Solutions

Company NameBosch Mobility Solutions
Established Year1886
HeadquartersStuttgart, Germany
Official WebsiteClick Here

This company delivers mobility solutions including IoT-enabled services, electrification systems, and connected driving technologies.

7. TomTom International BV

Company NameTomTom International BV
Established Year1991
HeadquartersAmsterdam, Netherlands
Official WebsiteClick Here

This company offers location-based services, traffic management solutions, and navigation systems supporting smart mobility.

8. Valeo SA

Company NameValeo SA
Established Year1923
HeadquartersParis, France
Official WebsiteClick Here

This company provides smart mobility solutions focusing on EV systems, ADAS, and intelligent transport technologies.

How Big Is the Smart Mobility Market : FAQs

Smart Mobility market was accounted at USD 18 billion in 2024 and is anticipated to reach approximately USD 27 billion by 2031.
Smart Mobility industry is projected to witness immense growth, registering a CAGR of 5.70% between 2025-2031.
Growth is being bolstered by adoption of connected vehicles, rise of MaaS platforms, and investments in EV infrastructure.
Key companies include Siemens Mobility, Uber, Denso, Ford Smart Mobility, Bosch Mobility Solutions, and Valeo.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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