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B2C Mobility Sharing Market is Anticipated to Expand upto $150.62 Billion in 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.What Is the Forecasted Market Growth Rate of the B2C Mobility Sharing Industry?
The market size of B2C mobility sharing has seen a rapid surge in the past few years, with an estimated leap from $54 billion in 2024 to $66.46 billion in 2025; demonstrating a compound annual growth rate (CAGR) of 23.1%. The remarkable growth witnessed in the past can be attributed to factors such as increased urbanization and population density, growing traffic congestion, heightened environmental concerns, expansion in smartphone usage, evolving consumer tastes, government backing and guidelines, and cost reductions for customers.
How Will the B2C Mobility Sharing Market Size Evolve From 2025 to 2029?
The market for b2c mobility sharing is poised for substantial growth in the coming years, likely to reach a valuation of $150.62 billion by 2029, growing at a CAGR of 22.7%. This predicted growth can be associated with several factors including innovative pricing strategies, customer loyalty initiatives, objectives to reduce climate impact, emphasis on comprehensive accessibility, the rise new business models, and data-led decision-making processes. Key trends during the forecast period are set to include micro-mobility service expansion, multimodal mobility integration, adoption of contactless payments and digital wallets, collaboration with public transit, and accessibility innovations.
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What Are the Main Growth Drivers in the B2C Mobility Sharing Market Today?
The advancement of connected vehicles is propelling the progression of the B2C mobility sharing market. This term is used for vehicles that are equipped with internet access and a local area network. These set-ups enable vehicles to communicate with each other, thereby improving real-time interaction and enhancing user experience. Moreover, these cars can also sync with smartphones to observe their performance. In the context of B2C mobility sharing, connected vehicles are handy as they constantly receive and transmit data to maximise vehicle security, live vehicle tracking, and fleet management. This facilitates a smooth mobility service for drivers and fleet owners. In February 2024, for example, a British trade association called the Society of Motor Manufacturers and Traders (SMMT) reported achieving the remarkable milestone of introducing the one-millionth battery electric connected car (BEV) in the UK. This accomplishment aligned with a striking 8.2% rise in the new car market during that month. Notably, the registration of 20,935 BEVs in January 2024 signified a substantial growth of 21.0% compared to the same period in the preceding year. Hence, the burgeoning connected vehicle technology and smartphone usage are spurring the growth of the B2C mobility sharing market.
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Which B2C Mobility Sharing Market Segment Is Expected to Lead Through 2029?
The b2c mobility sharing market covered in this report is segmented -
1) By Service Model: Car Sharing, Bike Sharing, Scooter Sharing, Ride-Hailing, Other Service Model
2) By Vehicle: Cars, Two Wheelers, Other Vehicle
3) By Level of Automation: Semi-Automated Vehicle, Fully Automated Vehicle
4) By Application: Short Trips (5 Km or Less), Medium And Long Distance (5-15 Km), Long-distance(More Than 15 Kilometers)
Subsegments:
1) By Car Sharing: Peer-To-Peer Car Sharing, Traditional Car Sharing, One-Way Car Sharing
2) By Bike Sharing: Traditional Bike Sharing, Electric Bike Sharing
3) By Scooter Sharing: Electric Scooter Sharing, Manual Scooter Sharing
4) By Ride-Hailing: App-Based Ride-Hailing, Taxi Aggregator Services
5) By Other Service Model: Shuttle Services, Van Pooling, Carpooling Services
Which Market Trends Are Expected to Dominate B2C Mobility Sharing Industry Growth?
The trend of technological innovation is becoming increasingly prevalent in the B2C mobility sharing market. Major players in the market are driving their focus towards the creation of electric two- and three-wheelers in order to maintain their market standing. For example, KINETIC GREEN ENERGY AND POWER SOLUTIONS LIMITED, a company from India specializing in electric vehicles as well as renewable energy solutions, brought the eLuna to market in September 2022. This ground-breaking vehicle is tailored to meet the rising need for sustainable urban travel, offering a combination of fashion, efficiency, and cutting-edge technology. The eLuna boasts a light design and a high-capacity lithium-ion battery, providing remarkable range and efficacy for city travel.
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Which Companies Hold the Largest Market Share in the B2C Mobility Sharing Sector?
Major companies operating in the B2C mobility sharing market are Avis Budget Group Inc., Beijing Xiaoju Technology Co. Ltd., Bolt Technology OÜ, Cabify SA, Careem Networks LLC, Enterprise Holdings Inc., Europcar Group SA, Grab Holdings Inc., The Hertz Corporation, Lyft Inc., Uber Technologies Inc., Didi Chuxing Technology Co., Car2go NA LLC, DriveNow GmbH & Co. KG, Free2Move Holding AB, Getaround Inc., Modo Co-operative, Mobility Cooperative, Mobility Mixx BV, Our Car Ltd., Poppy Mobility NV, Ridecell Inc., Scoot Networks Inc., Sixt SE, Ford Smart Mobility, TIER Mobility GmbH, Voi Technology AB, Whim by MaaS Global, Zipcar Inc., Zoomcar India Pvt Ltd., Cityhop, Evo Car Share
Where Is the B2C Mobility Sharing Market Experiencing the Highest Growth?
North America was the largest region in the B2C mobility sharing market in 2024. The regions covered in the B2C mobility sharing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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