Global Mobility On Demand Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Service;

Ride hailing and Car sharing.

By Application;

Business and Private.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn055947051 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Mobility On Demand Market (USD Million), 2021 - 2031

In the year 2024, the Global Mobility On Demand Market was valued at USD 122,516.30 million. The size of this market is expected to increase to USD 254,363.47 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.0%.

The Global Mobility On Demand Market has witnessed remarkable growth in recent years, revolutionizing the way people access transportation services. This market encompasses a wide range of innovative mobility solutions that leverage technology to offer convenient, efficient, and flexible transportation options on demand. From ride-hailing and car-sharing services to bike-sharing and micro-mobility solutions, mobility on demand has emerged as a transformative force in urban mobility, catering to the evolving needs of consumers and communities worldwide.

The proliferation of smartphones, advancements in GPS technology, and the rise of digital payment systems have facilitated the rapid expansion of mobility on demand services, enabling users to access transportation at their fingertips with unprecedented ease. By leveraging mobile applications and digital platforms, providers of mobility on demand services connect passengers with vehicles and facilitate seamless transactions, thereby enhancing the overall convenience and accessibility of urban transportation.

The emergence of new mobility models, such as shared mobility, electric vehicles, and autonomous transportation, has fueled the growth of the mobility on demand market, offering sustainable and innovative solutions to address urban mobility challenges. These developments have not only transformed the way people move within cities but also contributed to reducing congestion, lowering carbon emissions, and improving air quality in urban areas.

The market is characterized by intense competition, rapid technological advancements, and evolving regulatory landscapes. As established players and new entrants vie for market share, innovation and differentiation have become key drivers of success in this dynamic and fast-paced industry. Regulatory frameworks governing mobility on demand services continue to evolve, posing both opportunities and challenges for industry stakeholders seeking to navigate the regulatory landscape effectively.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Service
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Mobility On Demand Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization and population growth
        2. Demand for convenient transportation
        3. Digital technology advancements
        4. Supportive regulations and incentives
        5. Shared mobility trends
      2. Restraints
        1. Safety and security concerns
        2. Limited charging infrastructure
        3. Traditional provider resistance
        4. Data privacy and security issues
        5. Infrastructure limitations
      3. Opportunities
        1. Autonomous vehicle integration
        2. Sustainable vehicle adoption
        3. Targeted service customization
        4. Enhanced safety features
        5. Micro-mobility expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Mobility On Demand Market, By Service, 2021 - 2031 (USD Million)
      1. Ride hailing
      2. Car sharing
    2. Global Mobility On Demand Market, By Application, 2021 - 2031 (USD Million)
      1. Business
      2. Private
    3. Global Mobility On Demand Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Uber Technologies
      2. Lyft
      3. Didi Chuxing
      4. Turo
      5. Car2Go
      6. Autolib
      7. Drivy
      8. Grab
      9. Hertz
      10. Drive Now.
  7. Analyst Views
  8. Future Outlook of the Market