Carsharing Market Insights Video

According to Cognitive Market Research, the global carsharing market size is USD 3,125.20 million in 2024 and will expand at a compound annual growth rate (CAGR) of 21.00% from 2024 to 2031.

• North America held the major market of more than 40% of the global revenue with a market size of USD 1,250.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.2% from 2024 to 2031.
• Europe accounted for a share of over 30% of the global market size of USD 937.56 million.
• Asia Pacific held the market of around 23% of the global revenue with a market size of USD 718.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.0% from 2024 to 2031.
• Latin America market of more than 5% of the global revenue with a market size of USD 156.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.4% from 2024 to 2031.
• Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 62.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.7% from 2024 to 2031.
• The station-based model is expected to hold the highest revenue share in the carsharing market