| Code: MTA10280 | Publication Date: Oct 2025 |
There are numbers of factors which are contributing in the expansion of the market include increasing adoption of on-demand transportation services, the rise of carpooling and ride-hailing platforms, and the shift towards sustainable transportation options.
The Shared Mobility Market is experiencing significant growth, driven by the rising demand for sustainable and flexible transportation options. Ride-hailing services like Uber, Lyft, and Ola are growing quickly, which is a big trend. More people are using car-sharing services, and both old and new companies are starting to offer them. Another trend is adding electric vehicles (EVs) and self-driving cars to shared mobility fleets. This is in line with the goal of lowering emissions and making things easier. People are also more interested in multimodal transportation, which lets users combine different types of shared mobility, like bikes, scooters, and cars, all in one app or platform.
The Shared Mobility Market is evolving with technological advancements like the integration of autonomous vehicles into shared fleets, enhancing service efficiency and safety. Additionally, shared electric vehicles (EVs) are becoming more popular as an eco-friendly choice. More businesses are offering bike-sharing and electric car-sharing services. The infrastructure gets better, new ways to share transportation are becoming possible, such as scooter-sharing and drone-based deliveries. Companies that make technology, cars, and public transportation are all working together to create smart, connected ways for people to get around in cities. Cities are also making it easier for people to use shared mobility by building dedicated lanes and lowering parking fees.
Some of the leading companies include: