Shared Micromobility Market Report 2025 (Global Edition)

Global Shared Micromobility Market Report 2025 Market Size Split by Service Model (Bike Sharing, Ride-hailing, Public Transit, Microtransit), by Vehicle Type (Passenger Cars, LCVs, Busses & Coaches,...

Shared Micromobility Market Report Description

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Shared Micromobility Market Insights Video

Competitive Landscape of the Shared Micromobility Market

Significant industry participants are investing substantial funds in research and development to expand their product offerings, hence enhancing the micro-mobility market. Competitors are capitalizing on significant market changes, including new product releases, contractual agreements, mergers and acquisitions, heightened investments, and collaborations with other firms. Participants in the micro-mobility sector must provide cost-efficient products to thrive and endure in a highly competitive market landscape.

Recent Development

In May 2021, Lyft, Inc. launched a new bike and scooter service in collaboration with the City of Denver. Lyft offers bikes, scooters, in-app transit tickets, transportation services, and rentals, all accessible via the app. (Source: https://www.lyft.com/blog/posts/denver-is-officially-lyfts-most-multimodal-city)

In January 2022, Helbiz Inc. entered into a collaboration deal with Segway, a prominent entity in personal mobility services. The alliance encompasses a diverse array of vehicles, ranging from electric scooters to electric bicycles. (Source: https://www.seattle.gov/Documents/Departments/SDOT/NewMobilityProgram/Helbiz%20Application%20Addendum.pdf)

In March 2022, Lime formed a partnership with Aspiration. The collaboration emphasizes a "sustainability as a service" platform, providing passengers with a straightforward, automated method to combat climate change. The collaboration enables the firm to further its decarbonization efforts by financing the planting of a tree for every ride via Aspiration’s forestry campaign. (Source: https://www.businesswire.com/news/home/20220309005378/en/Lime-and-Aspiration-Partner-to-Mobilize-Riders-on-Sustainability-By-Supporting-Tree-Planting-with-Every-Ride)

Top Companies Market Share in Shared Micromobility Industry: (In no particular order of Rank)

• Lime
• Bird
• Lyft
• Spin
• Bolt (formerly Taxify)
• Mobike
• Citi Bike (Motivate)
• Voi Technology
• Tier Mobility
• Dott
• Zagster
• Wheels
• Helbiz
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Shared Micromobility Market

Which Region Dominates the Shared Micromobility Market in 2024?

According to Cognitive Market Research, North America currently dominates the Shared Micromobility market, and the region is expected to have significant growth during the projected period. This is ascribed to the growing urban population and the enhanced infrastructure of cities, which further augment public transportation.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). This may be ascribed to the multitude of service providers, including Mobike, Hello Bike, and SG Bike, along with the enhanced convenience and superior economics that this service provides.

The current report Scope analyzes Shared Micromobility Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Shared Micromobility Market Analysis

According to Cognitive Market Research, the global Shared Micromobility market size was estimated at USD 2154.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 861.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Shared Micromobility market with a market size of USD 679.87 million in 2024 and is anticipated to grow at a CAGR of 9.5% during the projected period. The U.S. Increasing urbanization and a preference for environmentally favorable transportation.
• The Canada Shared Micromobility market had a market share of USD 103.40 million in 2024 and is anticipated to grow at a CAGR of 10.5% during the projected period. Canada’s Government initiatives that advocate for renewable transportation and smart cities.
• The Mexico Shared Micromobility market is anticipated to see growth at a CAGR of 10.2% during the projected period, with a market size of USD 78.41 million in 2024.

Europe Shared Micromobility Market Analysis

According to Cognitive Market Research, the global Shared Micromobility market size was estimated at USD 2154.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 646.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.

• The United Kingdom Shared Micromobility market had a market share of USD 108.57 million in 2024 and is anticipated to grow at a CAGR of 10.8% during the projected period. In the UK, Shared Micromobility sales see an upswing due to the reducing urban traffic congestion necessitates the implementation of supportive policies.
• The France Shared Micromobility market is anticipated to see growth at a CAGR of 9.2% during the projected period, with a market size of USD 59.46 million in 2024.
• According to Cognitive Market Research, the German Shared Micromobility market size was valued at USD 127.96 million in 2024 and is anticipated to grow at a CAGR of 10.2% during the projected period. In Germany, Shared Micromobility surged due to the governmental backing for sophisticated infrastructure and sustainable transportation.
• The Italy Shared Micromobility market is anticipated to see growth at a CAGR of 9.4% during the projected period, with a market size of USD 55.58 million in 2024.
• The Russia Shared Micromobility market is anticipated to see growth at a CAGR of 9.0% during the projected period, with a market size of USD 100.17 million in 2024.
• The Spain Shared Micromobility market is anticipated to see growth at a CAGR of 9.1% during the projected period with a market size of USD 52.99 million in 2024
• The Luxembourg Shared Micromobility market is anticipated to see growth at a CAGR of 10.1% during the projected period, with a market size of USD 20.03 million in 2024.
• The Portugal Shared Micromobility market is anticipated to see growth at a CAGR of 9.8% during the projected period, with a market size of USD 13.57 million in 2024.
• The Greece Shared Micromobility market is anticipated to see growth at a CAGR of 10.3% during the projected period, with a market size of USD 7.76 million in 2024.
• The Rest of Europe's Shared Micromobility market is anticipated to see growth at a CAGR of 8.7% during the projected period, with a market size of USD 100.17 million in 2024.

Asia Pacific Shared Micromobility Market Analysis

According to Cognitive Market Research, the global Shared Micromobility market size was estimated at USD 2154.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 495.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Shared Micromobility market size was valued at USD 222.96 million in 2024 and is anticipated to grow at a CAGR of 13.0% during the projected period. Shared Micromobility surged in China due to high urban population density and substantial investments in micromobility enterprises.
• The Japan Shared Micromobility market is anticipated to see growth at a CAGR of 12.0% during the projected period, with a market size of USD 68.37 million in 2024.
• The India Shared Micromobility market had a market share of USD 59.46 million in 2024 and is anticipated to grow at a CAGR of 15.3% during the projected period. India's increasing urban populations and government initiatives to promote smart cities.
• The South Korean Shared Micromobility market is anticipated to see growth at a CAGR of 12.6% during the projected period, with a market size of USD 49.55 million in 2024.
• The Australian Shared Micromobility market is anticipated to see growth at a CAGR of 13.2% during the projected period, with a market size of USD 25.76 million in 2024.
• The South East Asia Shared Micromobility market is anticipated to see growth at a CAGR of 14.5% during the projected period, with a market size of USD 34.19 million in 2024.
• The Rest of Asia Pacific Shared Micromobility market is anticipated to see growth at a CAGR of 13.3% during the projected period, with a market size of USD 35.18 million in 2024.

South America Shared Micromobility Market Analysis

According to Cognitive Market Research, the global Shared Micromobility market size was estimated at USD 2154.2 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 107.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Shared Micromobility market size was valued at USD 46.10 million in 2024 and is anticipated to grow at a CAGR of 11.5% during the projected period. Shared Micromobility flourished in Brazil due to increasing public awareness of sustainable transportation.
• Argentina's Shared Micromobility market had a market share of USD 18.10 million in 2024 and is anticipated to grow at a CAGR of 11.8% during the projected period. Argentina's increasing appeal of shared mobility and government support for sustainable transport.
• Colombia Shared Micromobility market is anticipated to see growth at a CAGR of 10.7% during the projected period, with a market size of USD 9.59 million in 2024.
• Peru Shared Micromobility market is anticipated to see growth at a CAGR of 11.1% during the projected period, with a market size of USD 8.83 million in 2024.
• Chile Shared Micromobility market is anticipated to see growth at a CAGR of 11.2% during the projected period, with a market size of USD 7.76 million in 2024.
• The Rest of Latin America's Shared Micromobility market is anticipated to see growth at a CAGR of 10.0% during the projected period, with a market size of USD 17.34 million in 2024.

Middle East Shared Micromobility Market Analysis

According to Cognitive Market Research, the global Shared Micromobility market size was estimated at USD 2154.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 43.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.

• The GCC Countries Shared Micromobility market is anticipated to see growth at a CAGR of 12.0% during the projected period, with a market size of USD 18.44 million in 2024. Shared Micromobility sales flourish due to the focus on sustainable urban development and on-demand transportation.
• The Egypt Shared Micromobility market is anticipated to see growth at a CAGR of 11.5% during the projected period, with a market size of USD 4.52 million in 2024.
• The South Africa Shared Micromobility market is anticipated to see growth at a CAGR of 12.2% during the projected period, with a market size of USD 6.81 million in 2024. Shared Micromobility sales flourished in South Africa due to the necessity of addressing urban traffic congestion and the implementation of supportive government policies.
• The Turkey Shared Micromobility market is anticipated to see growth at a CAGR of 10.7% during the projected period, with a market size of USD 3.71 million in 2024.
• The Nigeria Shared Micromobility market is anticipated to see growth at a CAGR of 10.3% during the projected period, with a market size of USD 4.52 million in 2024.
• The Rest of the MEA Shared Micromobility market is anticipated to see growth at a CAGR of 10.2% during the projected period, with a market size of USD 5.08 million in 2024.

Shared Micromobility Market Analysis

Shared Micromobility Market Service Model Segment Analysis

According to Cognitive Market Research, Ride-hailing Shared Micromobility are likely to dominate the Shared Micromobility Market over the forecast period, due to its widespread adoption, convenience, and capacity to meet a wide range of consumer needs, including everyday commutes and special transportation requirements. Companies such as Uber and Lyft have established robust global networks that are built on efficient algorithms that facilitate the rapid matching of drivers and riders.

The Microtransit is the fastest-growing segment in the Shared Micromobility Market. It bridges the gaps in areas where conventional public transportation may not be feasible, such as suburban or underserved areas. Local communities are frequently served by microtransit services, which are more cost-effective and utilize smaller vehicles.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Shared Micromobility Industry. Request a Free Sample PDF!

Shared Micromobility Market Vehicle Type Segment Analysis

According to Cognitive Market Research, the Passenger Cars segment holds the largest share of the market. The continued dominance of passenger cars is a result of their widespread use for both personal and commercial purposes. Despite the fact that they offer flexibility in both urban and rural transportation, ownership continues to be a status symbol in numerous regions.

In the Shared Micromobility Market, the Micro Mobility sector has been expanding at a rapid pace. The proliferation of shared electric scooters and bicycles, particularly in dense urban areas, has resulted in a rapid increase in micro mobility. These vehicles offer a economical and environmentally friendly solution for short-distance transportation, specifically designed to meet the needs of last-mile transportation. They are endorsed by both private companies and city governments that are striving to mitigate traffic congestion and carbon emissions.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Shared Micromobility Business Model Segment Analysis

Shared Micromobility Market Business Model Segment Analysis

According to Cognitive Market Research, The ?2? segment holds the largest market share, due to its direct service to the vast consumer base, which provides customized solutions that align with their mobility requirements, such as vehicle rentals or ride-hailing. Companies that implement this model can rapidly expand by capitalizing on digital platforms, which offer both convenience and accessibility to services.

In the Shared Micromobility market, the rapidly growing sector is the P2P category. The sharing economy is driving the rapid expansion of peer-to-peer (P2P) models, which allow individuals to rent out their vehicles or services through online platforms. The platform providers do not require significant fleet investments, which is why this model is so successful at reducing operational costs. It also appeals to users who prefer the more flexible, personal service that P2P provides.

• P2P
• B2B

Shared Micromobility Sales Channel Segment Analysis

Shared Micromobility Market Sales Channel Segment Analysis

According to Cognitive Market Research, the Offline segment dominates the market. The extensive availability of physical docking stations and user familiarity with conventional bike-sharing and scooter-sharing systems explain this dominance. Many consumers still prefer picking up and dropping off automobiles at approved sites, which gives them security and dependability. Local governments and urban development efforts promote offline systems, further solidifying their market position.

Online is projected to be the fastest-growing segment in the Shared Micromobility market. The development of this industry is fueled by the growing popularity of digital platforms for the purpose of booking and managing transportation, the convenience of app-based services, and the integration of advanced technologies such as GPS and IoT to facilitate real-time monitoring and efficient fleet management.

• Offline
• Online

Shared Micromobility Sector Type Segment Analysis

Shared Micromobility Market Sector Type Segment Analysis

According to Cognitive Market Research, the Unorganized segment dominates the market. This dominance is due to the extensive availability and reduced cost of informal micromobility services, which are often accessible in densely populated urban areas. The flexibility and absence of stringent regulations are the primary reasons why many users choose these services, despite the potential trade-offs in safety and reliability.

Organized is projected to be the fastest-growing segment in the Shared Micromobility market. The integration of advanced technologies for fleet management, the increasing investments in structured micromobility services, and the growing consumer preference for reliable and well-maintained transportation options are all contributing to this growth. Organized services provide superior safety, convenience, and efficiency, which attracts a greater number of users and promotes higher adoption rates.

• Unorganized
• Organized

Shared Micromobility Sharing Type Segment Analysis

• Docked
• Dockless

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

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