Are Your Teams Prepared to Thrive Amidst the Transformation in the Carsharing Value Chain?
Operational optimization and strategic partnerships are driving transformational growth
The global car-sharing space is undergoing rapid growth driven by urbanization, sustainable transport initiatives, and technological innovation. Valued at approximately USD 2.36 billion in 2024, the industry is expected to reach USD 7.28 billion by 2035, growing at a CAGR of 10.8%. Growth is supported by increased adoption of electric vehicles (EVs), integration with public transport, and advanced telematics enabling operational optimization. Industry evolution from traditional station-based models to hybrid free-floating options and full mobility-as-a-service (MaaS) ecosystems is reshaping urban mobility. Key regions such as Europe and Asia-Pacific lead adoption, while emerging players innovate in fleet electrification, AI-powered fleet management, and seamless multimodal networks. This expansion aligns with goals to reduce emissions, improve accessibility, and deliver flexible transportation solutions across personal, corporate, and shared mobility sectors.
- What are the new growth prospects influenced by rising electrification mandates, EV adoption within shared fleets, growing integration with public transit, and smart city mobility platforms?
- Which advances in telematics are improving fleet utilization, predictive maintenance, and user experience?
- How will megatrends like the emphasis on sustainable, flexible, & affordable urban transport alternatives, and expanding regulations incentivizing low emission & accessibility-compliant services pave the way for growth?