On-demand transportation Market Report 2026

The on-demand transportation market size has grown exponentially in recent years. It will grow from $235.65 billion in 2025 to $285.63 billion in 2026 at a compound annual growth rate (CAGR) of 21.2%. The growth in the historic period can be attributed to growth of urban population density, expansion of smartphone penetration, increasing congestion in metropolitan areas, rising preference for convenience-based travel, growth of shared mobility platforms.

The on-demand transportation market size is expected to see exponential growth in the next few years. It will grow to $601.21 billion in 2030 at a compound annual growth rate (CAGR) of 20.5%. The growth in the forecast period can be attributed to expansion of autonomous mobility services, rising adoption of electric fleets, increasing investments in smart city mobility, growing demand for low-emission transport options, expansion of mobility-as-a-service platforms. Major trends in the forecast period include increasing adoption of app-based mobility platforms, rising demand for flexible ride-sharing services, growing integration of micro-mobility solutions, expansion of subscription-based transportation models, enhanced focus on service personalization.

The expansion of tourism and the growing working-class population are expected to drive the growth of the on-demand transportation market in the coming years. Tourism is a social and economic activity involving the movement of people to destinations outside their usual environment for leisure, business, or professional purposes. On-demand transportation supports tourists and working professionals by enabling them to book trips at convenient times and be picked up from agreed locations, offering a faster and more user-friendly travel option. For example, in November 2023, according to the United Nations World Tourism Organization (UNWTO), a Spain-based non-profit organization, an estimated 975 million international tourists traveled globally between January and September 2023. This represented a 38% increase compared to the same period in 2022, with international tourist arrivals rising by 22% during the third quarter of 2023. Therefore, the growth in tourism and the working-class population is driving the expansion of the on-demand transportation market.

Companies operating in the on-demand transportation market are increasingly focusing on technological advancements, such as on-demand public transport trials, to improve service efficiency, enhance user experience, and increase accessibility. These trials aim to evaluate the feasibility of on-demand services as sustainable and efficient public transportation solutions that could shape future regional transport strategies. For instance, in May 2024, Skånetrafiken, a Sweden-based organization responsible for public transportation in the Skåne region, launched a new on-demand public transport trial. This initiative involves a flexible transit service that allows passengers to request rides through a mobile application, providing a customized transportation option that responds to real-time demand.

In September 2024, Van Pool Transportation LLC, a US-based provider of transportation solutions including corporate shuttle and commuter services, acquired Corporate Shuttles, Inc. for an undisclosed amount. This acquisition is intended to strengthen Van Pool Transportation LLC’s corporate transportation offerings, expand its customer base, and enhance operational efficiency. Corporate Shuttles, Inc. is a US-based company specializing in transportation solutions for corporate clients.

Major companies operating in the on-demand transportation market are Avis Budget Group Inc., BlaBlaCar SA, Bolt Financial Inc., Cabify SA, Careem Inc., Curb Mobility Private Ltd., Daimler AG, Europcar Mobility Group SA, Ford Motor Company, General Motor Company, Grab Holdings Inc., Hyundai Motor Company, Lyft Inc., Didi Chuxing Technology Co, Enterprise Holdings Inc., Jugnoo, Uber Technologies Inc, Bird Global Inc., MOIA GmbH, ANI Technologies Pvt Ltd., PT Gojek, Bolt Mobility.

Asia-Pacific was the largest region in the on-demand transportation market in 2025. North America is expected to be the fastest growing region in the forecast period. The regions covered in the on-demand transportation market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the on-demand transportation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The on-demand transportation market includes revenues earned by entities by establishing connections between remote places and providing customers complete mobility through digital apps. 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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