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Global Mobility Market Trends: Comparative Forecasts for MaaS, Smart Mobility, Micro-Mobility, and On-Demand Services

General Report May 20, 2025
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TABLE OF CONTENTS

  1. Summary
  2. Mobility as a Service Market Overview
  3. Smart Mobility Market Dynamics
  4. Micro-Mobility Market Growth and Forecasts
  5. On-Demand Taxi and Car E-Hailing Segments
  6. Shared Mobility Trends and Innovations
  7. Future Outlook for Urban Mobility by 2035
  8. Conclusion

1. Summary

  • As of May 20, 2025, the global mobility ecosystem has entered a transformative phase, marked by notable trends across several key segments, including Mobility as a Service (MaaS), Smart Mobility, Micro-Mobility, On-Demand Taxi and Car E-Hailing, and Shared Mobility. A comparative analysis of market size estimates reveals significant discrepancies, primarily driven by the methodologies employed in market analysis. For example, while reports indicate that the MaaS market could achieve revenues of USD 302.18 billion by 2025 and propel to around USD 1, 068.37 billion by 2033, variance exists in projections from other entities, such as Mordor Intelligence, which estimates a more conservative growth trajectory to USD 1.20 trillion by 2030. These variations underline the diverse factors influencing growth, such as technological advancement, consumer adoption rates, and regional leadership patterns.

  • In the Smart Mobility segment, a robust growth pattern is evident, with market valuation anticipated to rise from USD 68.5 billion in 2024 to an impressive USD 233.6 billion by 2033—mirroring the increasing necessity for environmentally friendly transportation options. Technological innovations, particularly in autonomous systems, are a driving force, further representing the sector's dynamic evolution. Similarly, Micro-Mobility is experiencing significant expansion, currently valued at approximately USD 79.12 billion in 2023, with projections suggesting a market size of USD 243.22 billion by 2030. This growth is propelled in part by urbanization trends and a mounting shift toward clean mobility solutions, as consumers increasingly embrace electric scooters and e-bikes for short-distance travel.

  • Moreover, segments such as On-Demand Taxi and Car E-Hailing are witnessing a notable rise, with projections indicating a CAGR of 10.22% from 2025 to 2033, reflective of consumer preferences shifting toward app-based transportation solutions. The growth in these areas is underpinned by urbanization, technological enhancements, and evolving consumer demands, which envision a future rooted in convenience and efficiency. Additionally, Shared Mobility continues to adapt through innovative service models, bolstered by real-time analytics aimed at providing tailored user experiences. As mobility solutions evolve, the melding of technology, sustainability, and user-centric approaches becomes a crucial narrative shaping the future landscape of urban transportation.

2. Mobility as a Service Market Overview

  • 2-1. Current Market Size Discrepancies

  • As of 2025, estimates for the global Mobility as a Service (MaaS) market vary significantly, reflecting differing methodologies in market analysis. According to a report by Precedence Research, the MaaS market revenue reached USD 302.18 billion in 2025, with projections suggesting a rise to approximately USD 1, 068.37 billion by 2033, indicating a compound annual growth rate (CAGR) of 17.10%. However, a separate analysis from Mordor Intelligence estimates the MaaS market at a size of USD 0.84 trillion in 2025, anticipating it to grow to USD 1.20 trillion by 2030, with a more modest CAGR of 7.43% during the same period. This discrepancy underscores the complexities within the market, influenced by rapid technological advancements and consumer adoption rates of integrated transport solutions.

  • Further complicating the landscape, The Business Research Company outlines an even broader growth scope, predicting the market will expand from USD 205.7 billion in 2024 to a striking USD 494.76 billion by 2029 at a staggering CAGR of 20.2%. This significant divergence highlights the necessity for potential investors and stakeholders to consider varied sources and methodologies when assessing MaaS market strategies and long-term trajectories.

  • Regional disparities also play a crucial role in these varying estimates, with Europe leading in adoption due to a strong focus on sustainability and regulatory frameworks that support shared mobility, while North America appears set for rapid growth due to higher adoption rates of digital mobility solutions.

  • 2-2. Forecast Comparisons to 2030/2033/2034

  • Forecasts for the Mobility as a Service market indicate a robust upward trajectory, with various studies projecting growth into the next decade. The estimates suggest that by 2030, the MaaS market could be valued anywhere from around USD 494.76 billion to approximately USD 1.20 trillion, depending on the analytical lenses applied.

  • For instance, Precedence Research anticipates that the revenue will increase to USD 1, 068.37 billion by 2033, while Mordor Intelligence's earlier projection of USD 1.20 trillion by 2030 presents a more moderate yet promising vision of market maturation. Comparatively, the report by The Business Research Company indicates that the growth trends are rising due to key drivers, including the integration of digital mobility platforms and government initiatives aimed at sustainability.

  • The disparities in forecasts underscore the dynamic nature of the MaaS market, heavily impacted by technological innovation, urbanization, and shifting consumer preferences towards shared mobility solutions. With varying forecasts extending to 2034, it is crucial for stakeholders to remain vigilant and up-to-date on market developments and realign their strategies as necessary.

  • 2-3. Key Growth Drivers and Forecast Variations

  • Several key growth drivers are shaping the Mobility as a Service landscape, primarily fueled by technological innovations, urbanization, and shifting regulations. The integration of various transportation modes into unified digital platforms is enhancing user access and convenience, thereby attracting more users to MaaS. As evidenced by the active engagement of cities like Tampa and Shanghai in implementing comprehensive MaaS solutions, local governments are pivotal in driving adoption through smart city initiatives, which recognize the critical need for efficient urban transportation.

  • Technological advancements in areas such as data analytics, IoT connectivity, and mobile app development are also paramount. Providers are leveraging real-time data to refine route planning and streamline service delivery, effectively responding to urban transportation demands. The enhanced user experience through sophisticated payment solutions and personalized service offerings positions MaaS as a viable solution to modern urban mobility challenges.

  • However, forecast variations largely stem from differences in stakeholder priorities and market focus. Some analyses lean towards conservative estimates, noting potential regulatory barriers and consumer readiness as inhibition factors, while others remain optimistic about rapid growth fueled by the convergence of public and private transport models. The rise of eco-conscious consumer behavior and increasing government support for sustainable transport solutions further bolster positive outlooks on market potential.

3. Smart Mobility Market Dynamics

  • 3-1. Market Valuation and Growth Projections

  • As of May 20, 2025, the global smart mobility market is experiencing significant expansion, projected to grow from a valuated USD 68.5 billion in 2024 to USD 233.6 billion by 2033, reflecting a compound annual growth rate (CAGR) of 13.87% during the period from 2025 to 2033. This growth trajectory is supported by increasing urban population densities and a rising demand for efficient, environmentally friendly modes of transportation that smart mobility initiatives provide. Comparatively, a different perspective suggests that the market could reach USD 419 billion by 2034, indicating a faster growth forecast with a CAGR of 24.8% from 2025 to 2034. The differing projections underscore the volatility and variability in growth expectations driven by factors such as technological advancements and governmental policy support.

  • The growth is primarily attributed to the adoption of technologies that enhance urban mobility, including autonomous vehicles, smart traffic management systems, electric vehicles (EVs), and integrated mobility services. There has been a marked increase in investments from both public and private sectors focused on smart mobility technologies as cities grapple with transportation inefficiencies, environmental concerns, and the need for sustainable urban development.

  • 3-2. Technological Segmentation Trends

  • The technological landscape of smart mobility is diverse, comprising several segments such as traffic management, mobility management, parking management, and various forms of shared and connected transport solutions. As observed in 2024, the traffic management segment dominated the market, accounting for over 40.6% of the total market share. Traffic management systems utilize cutting-edge technologies, including artificial intelligence (AI) and the Internet of Things (IoT), to enhance traffic flow, reduce congestion, and optimize road safety. Moreover, advancements in sensor technologies and high-speed communication systems have further enabled these innovations, significantly increasing their effectiveness and adoption rates across urban centers.

  • In addition to traffic management, the widespread deployment of bike commuting, car sharing, and ride sharing has dramatically altered urban transport modalities. Such options are increasingly being integrated into Mobility as a Service (MaaS) platforms. The interconnected nature of these technologies reduces the reliance on personal vehicle use, subsequently addressing urban congestion and lowering emissions, thus aligning with sustainable development goals.

  • 3-3. Regional Leadership Patterns

  • North America has emerged as a leader in the smart mobility sector, accounting for over 38.2% of the global market share in 2024, amounting to revenues of USD 17.4 billion. This dominance can be attributed to a blend of technological infrastructure, early adoption of smart mobility solutions, and substantial governmental incentives aimed at climate change mitigation. The integration of smart city initiatives and the push for 5G connectivity have created an ecosystem that fosters innovation and faster deployment of smart mobility technologies.

  • In contrast, regions such as Asia-Pacific and Europe are also witnessing a rapid surge in smart mobility implementations, driven by their pressing urbanization challenges and regulatory frameworks promoting sustainability. For instance, Asia-Pacific has ramped up investments in smart transportation networks as urbanization escalates, targeting efficient public transport and environmental sustainability. Additionally, the European Union’s emphasis on reducing carbon emissions through comprehensive mobility policies positions it as a substantial player in the global smart mobility landscape.

4. Micro-Mobility Market Growth and Forecasts

  • 4-1. Current Market Landscape

  • As of 2025, the micro-mobility market is experiencing significant growth, with a market size valued at approximately USD 79.12 billion in 2023. Continued expansion is projected, with expectations to reach nearly USD 243.22 billion by 2030, advancing at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2030. The growth is largely fueled by urbanization trends alongside increasing demands for efficient, first- and last-mile transportation solutions. The rise in fuel costs and heightened environmental awareness among consumers are compelling factors pushing the shift towards cleaner alternatives such as electric scooters and e-bikes.

  • Additionally, developments in battery technology enhance the viability of micro-mobility options, making them increasingly appealing in congested urban areas. These light-weight vehicles cater to short-distance travel and serve as valuable tools for alleviating traffic congestion while providing economical transportation solutions.

  • 4-2. Divergent CAGR Projections

  • Recent analyses indicate varying CAGR projections for the micro-mobility market, influenced by diverse regional dynamics and varying methodologies. For example, one report suggests a CAGR of 12.5% between 2022 and 2027, while another anticipates a much more vigorous CAGR of 17.4% from 2024 to 2030. This discrepancy can be attributed to differences in market definitions, geographical scopes, and dynamics impacting demand.

  • Key drivers contributing to the higher growth rates include increased urban populations, rising costs associated with traditional vehicle ownership, and robust initiatives focused on developing smart cities. Efforts to regulate urban mobility and construct integrated approaches to public transportation have further stimulated demand for micro-mobility solutions.

  • 4-3. Urban Transportation Impacts

  • The growth of micro-mobility has significant implications for urban transportation systems. As cities evolve to accommodate more sustainable modes of transport, they are increasingly integrating micro-mobility options within broader transport networks. Urban planners are recognizing the role that micro-mobility plays in addressing first-mile and last-mile connectivity, particularly in cities with burgeoning populations and increasing traffic congestion.

  • Moreover, studies highlight that approximately 50% to 60% of all car trips in the U.S. are less than five miles long, indicating a substantial potential market for micro-mobility solutions. With increased accessibility to bike-sharing systems and other micro-mobility services, cities find an avenue to reduce their carbon footprints while enhancing urban mobility. Regulatory support is forthcoming, as municipalities respond to growing environmental concerns by developing policies that promote safe micro-mobility infrastructure, including dedicated bike lanes and parking facilities.

5. On-Demand Taxi and Car E-Hailing Segments

  • 5-1. Market Size Trajectory

  • As of 2025, the On-Demand Taxi Booking App market has established a robust growth trajectory, with projections indicating a remarkable compound annual growth rate (CAGR) of 10.22% expected from 2025 to 2033. By the latter year, the market is anticipated to reach an impressive valuation of USD 130.48 billion, ascending notably from the USD 54.35 billion reported in 2024. This growth reflects a significant consumer shift towards app-based transportation solutions, attributed to their convenience, real-time connectivity, and ease of use, driven largely by urbanization and the increasing prevalence of mobile technology.

  • In parallel, the car e-hailing market, valued at USD 86.8 billion in 2023, is projected to experience a growth rate of 6.3% CAGR from 2024 to 2034. This will elevate its market size to an estimated USD 171.1 billion by the end of 2034, reinforcing the critical role of e-hailing services in urban mobility. Analysts note that rising traffic congestion and the demands of daily commuters serve as significant catalysts for this market, further positioning e-hailing as a practical alternative to traditional transport methods.

  • 5-2. Growth Drivers in Urbanization and Technology

  • The growth of the on-demand taxi and car e-hailing segments is heavily underpinned by two primary factors: urbanization and technological advancements. As urban populations swell—a trend projected to continue, with the United Nations forecasting that 68% of the global population will reside in urban areas by 2050—the demand for swift, reliable transportation solutions increases correspondingly. The World Bank's estimates cite that an additional 2.5 billion people will inhabit urban centers by mid-century, further intensifying the necessity for efficient mobility options that e-hailing services can provide.

  • Technological innovation plays an equally critical role, enhancing user experiences and operational efficiencies through advanced mobile applications. The proliferation of 4G and 5G connectivity facilitates features such as real-time tracking, ride pooling, and seamless electronic payment systems, which collectively improve service quality. Moreover, the integration of artificial intelligence within these platforms allows companies to optimize routes and enhance data analytics, thereby fostering reliability and increasing customer satisfaction. This technological evolution not only meets consumer needs but also drives higher market penetration and competitive advantage.

  • 5-3. Competitive Outlook

  • The competitive landscape of the on-demand taxi and car e-hailing market is characterized by intense rivalry among established players, including Uber, Lyft, and Ola, along with emerging competitors seeking to capture market share. Such competition is driving continual innovation, compelling companies to differentiate their service offerings and improve customer engagement through unique value propositions.

  • Despite the prospects for growth, the market faces several challenges, including regulatory hurdles that vary significantly across different regions, creating compliance complexities for operators. Furthermore, as the market attracts new entrants, the intensification of competition may lead to price wars, potentially impacting profitability. Ensuring safety and security for both drivers and passengers remains a critical concern, with companies investing in robust safety measures and technologies to maintain consumer trust and uphold brand integrity.

6. Shared Mobility Trends and Innovations

  • 6-1. Service Models and Business Strategies

  • The shared mobility market has shown significant evolution in service models and business strategies, particularly from 2024 to 2025. The market witnessed growth from USD 198.23 billion in 2024 to USD 217.80 billion in 2025, with projections indicating a continuation at a CAGR of 10.24%, reaching USD 356.00 billion by 2030. This advancement is largely attributed to the growing consumer demand for convenience and efficiency in urban transportation. Innovations in business models have been integral, as providers pivot from conventional vehicle ownership to facilitating flexible, multi-modal solutions. As cities aim to alleviate congestion and reduce carbon emissions, shared mobility is being increasingly adopted as a sustainable alternative.

  • Service models are diversifying, incorporating elements such as on-demand ride-sharing, microtransit solutions, and subscription-based access, which allow users to select mobility options tailored to their preferences and needs. Companies are also leveraging digital technology, including mobile applications and real-time analytics, to enhance user experience and operational effectiveness. Notably, platforms integrating Internet of Things (IoT) and blockchain technologies are reshaping service delivery through improved reliability and transparency.

  • 6-2. Emerging Innovations Through 2030

  • As of May 2025, emerging innovations in shared mobility reflect a proactive response to shifting consumer expectations and technological advancements. The integration of IoT and electric vehicle (EV) infrastructure is becoming commonplace, facilitating smarter fleet management and enhancing service responsiveness. Innovations are not solely centered on technology; they also encompass tailored services for diverse demographic groups, addressing varied user needs and preferences. Future growth is expected to be fueled further by advancements in adaptive ride-sharing algorithms and mobile applications that streamline user interaction with multiple transit options.

  • To remain competitive, mobility providers are also exploring partnerships with municipalities and public transportation systems, incorporating their services into larger urban mobility frameworks. This collaborative approach aims to create a holistic ecosystem that eases transportation inefficiencies, catering to users' desire for seamless transitions between different modes of transport.

  • 6-3. Regional and Demographic Patterns

  • The analysis of regional and demographic patterns in shared mobility as of May 2025 reveals significant disparities shaped by local urbanization trends and regulatory environments. For instance, the Americas continue to be a leader in innovation, with cities experiencing heightened urban congestion prompting a shift towards shared mobility solutions. European markets have pioneered regulatory frameworks that facilitate the integration of shared mobility with public transport systems, resulting in connected urban ecosystems. Conversely, regions in the Middle East and Africa are emerging as potential hotspots for growth as investments in smart city designs and infrastructure promote improved mobility services.

  • In the Asia-Pacific region, a juxtaposition of traditional transit needs alongside rapid technological advancement creates unique market dynamics. Key players are focusing on both urban and suburban communities to meet diverse transit requirements, driving innovative solutions tailored to local needs. Understanding these regional intricacies is critical for mobility service providers aiming to capture market share and implement effective strategies.

7. Future Outlook for Urban Mobility by 2035

  • 7-1. Disruptive Technologies and Regulations

  • The trajectory of urban mobility over the next decade will be significantly shaped by disruptive technologies and evolving regulations. As outlined in the recent report from the Oliver Wyman Forum, the mobility industry is projected to grow to a staggering $1.1 trillion by 2035, driven primarily by digital services such as electric vehicle (EV) charging and advanced driver-assistance systems (ADAS). These technologies are expected to expand at an annual growth rate of 25%, outpacing the overall mobility sector’s growth rate of 9%. Current macroeconomic indicators suggest that advanced regulatory frameworks will facilitate the integration of these technologies into daily urban life, ultimately influencing travel behavior and expectations.

  • Simultaneously, as cities worldwide implement stricter emissions regulations and prioritize sustainable transport solutions, the mobility ecosystem will adapt. Public-private partnerships are likely to become increasingly critical in developing infrastructure and regulations that support these advances, allowing stakeholders to capitalize on new market opportunities while ensuring compliance with emerging standards.

  • 7-2. New Revenue Streams and Operating Models

  • As the mobility landscape evolves, businesses will need to pivot towards innovative operating models that leverage the growing demand for digital services. Traditional revenue streams are being supplemented by new offerings such as smart parking solutions, subscription-based models for EV usage, and personalized transportation services driven by data analytics and consumer behavior insights. The trend points toward mobility management services that integrate various modes of transport into a seamless experience for users, thus attracting a wider audience across demographic segments.

  • This shift will be particularly pronounced in regions with dense urban populations, where convenience and accessibility become paramount. Firms must be agile to adapt to these changes and rethink their service portfolios to align with evolving urban mobility trends. Capturing the anticipated growth in the EV charging market, which will require substantial investment and infrastructure development, will also be key to securing new revenue streams.

  • 7-3. Integration of EV Charging and ADAS

  • The integration of electric vehicle charging infrastructure with advanced driver-assistance systems is poised to be a cornerstone of urban mobility by 2035. As cities expand their charging networks and promote EV adoption, the synergy between these two technologies will enhance the overall user experience. Effective charging solutions will not only support the practical needs of urban drivers but also contribute to the reliability of automated driving systems, which depend on real-time data from a connected infrastructure.

  • Moreover, advancements in ADAS, driven by the demand for safer and more efficient travel, will necessitate robust EV charging solutions to ensure the sustainability of urban transport systems. Urban planners and technology developers will need to collaborate closely to facilitate this integration, ensuring that charging stations are strategically placed and equipped with the necessary technology to support fully autonomous operations. Such comprehensive infrastructure development is anticipated to position cities as leaders in sustainable urban mobility solutions, offering cleaner and safer transportation alternatives for residents.

Conclusion

  • In conclusion, a thorough exploration of the global mobility market underscores the critical divergence in market size estimates and growth trajectories across various segments. These discrepancies are not merely numerical; they encapsulate the complexity of factors at play, including unique regional focuses, underlying technological assumptions, and varying consumer adoption rates. Stakeholders are thus advised to approach market strategies with both caution and zeal, tailoring their investments to align with localized conditions and technological advancements. Notably, key drivers such as digital platform integration, supportive regulatory frameworks, and the ongoing trend of urbanization highlight the necessity for stakeholders to develop adaptable business models that can readily respond to shifting landscapes.

  • Looking forward, the future of urban mobility hinges on enhanced collaboration between public and private sectors as they seek to standardize forecasting methods and jointly invest in burgeoning technologies, particularly in areas such as electric vehicle charging infrastructure and advanced driver-assistance systems (ADAS). The success ofthese partnerships will not only facilitate the deployment of innovative mobility solutions but also ensure compliance with evolving regulatory measures aimed at sustainability. Such insights will prove invaluable for policymakers, investors, and service providers alike as they strive to create resilient and forward-looking urban mobility ecosystems that can effectively meet the challenges of tomorrow.

Glossary

  • Mobility as a Service (MaaS): MaaS is a transportation model that integrates various forms of transport services into a single accessible and customer-friendly platform. It allows users to plan, book, and pay for multiple types of mobility services, such as public transport, taxis, and car rentals, through one application. As of 2025, the MaaS market is experiencing significant growth, with projected revenues suggesting its increasing importance in urban transportation.
  • Smart Mobility: Smart Mobility refers to the use of advanced technologies to improve transportation systems, enhancing efficiency, safety, and sustainability. This includes innovations like autonomous vehicles, smart traffic management, and integrated ticketing systems. As of May 20, 2025, the smart mobility market is projected to grow significantly, driven by urbanization and the demand for environmentally friendly transport options.
  • Micro-Mobility: Micro-Mobility encompasses small, lightweight vehicles such as scooters and bicycles intended for short-distance travel. This segment is expanding rapidly, driven by urbanization and consumer preferences for clean transportation solutions. As of 2025, the market is projected to reach around USD 243.22 billion by 2030.
  • On-Demand Taxi: On-Demand Taxi services allow users to book vehicle rides in real-time through mobile apps. This segment is showing robust growth, with a projected compound annual growth rate (CAGR) of 10.22% from 2025 to 2033, reflecting increasing consumer demand for convenient transportation options.
  • Car E-Hailing: Car E-Hailing refers to services where users can summon a vehicle through a smartphone app. This market is projected to grow significantly, from USD 86.8 billion in 2023 to an estimated USD 171.1 billion by 2034. The growth is driven by advancements in mobile technology and changing transportation preferences.
  • CAGR (Compound Annual Growth Rate): CAGR is a measure used to describe the mean annual growth rate of an investment over a specified time period, assuming the investment grows at a steady rate compounded yearly. It provides a smoothed annual rate of growth that can be useful for comparing investment performance. As of May 2025, many segments in the global mobility market are achieving CAGRs indicating robust growth.
  • Urban Mobility: Urban Mobility encompasses all transportation options available in urban areas, including public transit, private vehicles, and non-motorized transport. It plays a crucial role in addressing the needs of densely populated environments, especially as cities evolve into more sustainable and efficient transport hubs.
  • Electric Vehicle Charging: Electric Vehicle Charging refers to the infrastructure and technology used to recharge electric vehicles. As cities aim to reduce carbon emissions by promoting EV adoption, the development of efficient charging networks is critical. This area is expected to see significant growth as part of the wider urban mobility strategy towards 2035.
  • ADAS (Advanced Driver-Assistance Systems): ADAS refers to technologies designed to enhance vehicle safety and driving experience through automated functions like adaptive cruise control, lane keeping, and parking assistance. With growing interest in safety and autonomous driving technologies, ADAS is expected to become increasingly integral to urban mobility solutions by 2035.
  • Market Revenue: Market Revenue indicates the total income generated from the sale of goods or services in a specific market. In the context of the global mobility market, analyzing revenue estimates helps stakeholders understand market dynamics and make informed investment decisions.

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