B2C Mobility Sharing Market Report 2025

The B2C mobility sharing market size has grown exponentially in recent years. It will grow from $54 billion in 2024 to $66.88 billion in 2025 at a compound annual growth rate (CAGR) of 23.8%. The growth in the historic period can be attributed to urbanization and population density, rising traffic congestion, environmental concerns, smartphone penetration, changing consumer preferences, government support and regulations, cost savings for consumers.

The B2C mobility sharing market size is expected to see exponential growth in the next few years. It will grow to $152.26 billion in 2029 at a compound annual growth rate (CAGR) of 22.8%. The growth in the forecast period can be attributed to dynamic pricing strategies, personalization and customer loyalty programs, climate change mitigation goals, focus on inclusive accessibility, emergence of new business model, data-driven decision making. Major trends in the forecast period include expansion of micro-mobility services, integration of multiple mobility modes, contactless payments and digital wallets, integration with public transit, innovations in accessibility.

The growth of the B2C mobility sharing market is being driven by the rise of connected vehicles. Connected vehicles are motor vehicles equipped with internet access and a local area network that allows them to communicate with other vehicles, enhancing the consumer experience through real-time interactions. They can also connect with smartphones to monitor vehicle performance. In B2C mobility sharing, connected vehicles facilitate continuous data exchange, which boosts vehicle security, enables live tracking, and aids fleet management, thereby providing drivers and fleet owners with seamless mobility services. For example, in February 2024, the Society of Motor Manufacturers and Traders (SMMT), a UK-based trade association, announced that Britain had introduced its one-millionth battery electric connected car (BEV) on the roads. This milestone coincided with an impressive 8.2% growth in the new car market in January 2024, where 20,935 BEVs were registered, marking a substantial 21% increase from the previous year. Consequently, the rise in connected vehicles and smartphone usage is propelling the growth of the B2C mobility sharing market.

The increasing penetration of smartphones is expected to further drive the growth of the B2C mobility sharing market. A smartphone is a multifunctional electronic device that merges the features of a mobile phone with those of a personal computer. Smartphones provide numerous advantages, such as convenience, cost savings, environmental benefits, and enhanced accessibility, making them invaluable tools for contemporary transportation needs. For instance, a report published in March 2023 by Cybercrew, a UK-based company specializing in cybersecurity solutions for businesses of all sizes, projected that the percentage of UK households using smartphones will rise to 93.8% by 2026. Thus, the growing smartphone penetration is contributing to the expansion of the B2C mobility sharing market.

Technological advancement is emerging as a significant trend in the B2C mobility sharing market. Major companies in this sector are concentrating on the development of electric two- and three-wheelers to maintain their competitive edge. For example, in September 2022, KINETIC GREEN ENERGY AND POWER SOLUTIONS LIMITED, an India-based provider of electric vehicles and renewable energy solutions, introduced the eLuna. This innovative vehicle is designed to meet the increasing demand for sustainable urban mobility, combining style, efficiency, and cutting-edge technology. The eLuna boasts a lightweight design and a high-capacity lithium-ion battery, delivering impressive range and performance on city roads.

Key players in the B2C mobility sharing market are emphasizing innovative products, such as smart pool cars, to boost their revenues. Smart pool cars refer to a concept involving carpooling, ridesharing, or shared mobility services that utilize advanced technology and data-driven solutions to optimize vehicle use, enhance transportation convenience, and minimize environmental impact. For instance, in September 2022, Arval BNP Paribas Group, a France-based vehicle leasing and fleet management company, launched smart pool cars. These vehicles enable businesses that traditionally use pool cars to equip them with the Arval car-sharing solution. This upgrade allows for greater efficiency, automates access to pool vehicles through keyless technology, simplifies daily fleet management, and increases the number of users per fleet.

In July 2022, Free2move, a France-based company involved in B2C mobility sharing, acquired Share Now GmbH for an undisclosed sum. This acquisition allows Free2move to enhance its mobility hubs in Europe and the United States by utilizing sustainable, innovative, and flexible mobility solutions. Share Now GmbH is a Germany-based company that also operates 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.

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. The countries covered in the b2c mobility sharing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

B2C mobility sharing refers to the sharing of transportation services among users, encompassing modes such as public transit, car sharing, and bike sharing. It also incorporates automobile-based sharing modes like car sharing and on-demand rides, providing transportation and ride-sharing services directly to consumers within the B2C business model.

Key service models in the B2C mobility sharing market include car sharing, bike sharing, scooter sharing, ride-hailing, and other related services. The car-sharing segment involves the provision of B2C mobility sharing services for public car-sharing. Car sharing services entail rental and transportation services that act as alternatives to private vehicle ownership, offering automated pick-up and drop-off procedures. Various types of vehicles are part of this market, including cars, two-wheelers, and other vehicles, each with different levels of automation ranging from semi-automated to fully automated. The applications of B2C mobility sharing span short trips (5 km or less), medium and long-distance trips (5-15 km), and long-distance trips (more than 15 kilometers).

The B2C mobility sharing market report is one of a series of new reports that provides B2C mobility statistics, including B2C mobility sharing global industry, regional shares, competitors with B2C mobility sharing market share, detailed B2C mobility sharing market segments, market trends and opportunities, and any further data you may need to thrive in the B2C mobility sharing market industry. This B2C mobility sharing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The B2C mobility sharing market includes revenues earned by entities by providing transportation services such as vehicle-sharing and ride-sourcing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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