Smart Mobility Market Synopsis:

Smart Mobility Market Size Was Valued at USD 36.80 Billion in 2023, and is Projected to Reach USD 200.084 Billion by 2032, Growing at a CAGR of 20.70% From 2024-2032.

Smart Mobility Market refers to solutions in transportation that apply smart technology such as Internet of Things (IoT), Artificial Intelligence (AI), and Fifth Generation (5G) to increase effectiveness, security and eco-friendliness. This consists of business models like ride hailing, car sharing, bike sharing, integrated mass transit which has the general goal of derisking congestion, pollution and waste in cities.

Digital technologies have spread very fast and are greatly changing the face of transport systems in cities globally. Better penetration of smartphone and seamless connectivity by IoT is facilitating real time route optimization and on-demand services such as ride hailing and MaaS that is a great market driver. Also, global actions toward green mobility including subsidies for EV and low emission zones are also spurring the demand for smart mobility solutions.

Changing consumer trends of opting for convenience products accompanied by the protection of the environment act as a driving factor. Concerns about carbon footprints and the rising popularity of electric cars and hybrids have boosted the creation of smart mobility platforms. These platforms also cope with the challenges related to urbanisation by providing users with a single approach to improve their daily commute.

Smart Mobility Market

Smart Mobility Market Trend Analysis:

Integration of AI and Big Data

  • The use of AI analytics and big data allows the development of smart mobility by predicting the movement and flow of traffic, as well as informing the most efficient routes for the delivery of goods and the maintenance of vehicles on the road. These developments are beneficial in boosting the performance of the fleets and decreasing the losses when in operation.

  • Rising Popularity of Mobility as a Service (MaaS): Mobile is becoming a game changer as they blend of transportation services in one place facilitating scheduling and ticketing. This trend corresponds to the increasing popularity of enablers for liberty-style, as-you-go, or subscription-based mobility services especially in cities.

Smart City Initiatives

  • The EV industry implies transformational growth prospects for smart mobility. Infrastructure for charging, the electrification of public transport, and renewable energy are key elements in how the transition to a zero-emission society is to happen.

  • Governments all around the world are embracing smart city initiatives, thus putting demand for ITS in enhancing urban transport systems. These intelligences enable solution providers to seize new opportunities for partnering with public and private organizations on premium mobility services.

Smart Mobility Market Segment Analysis:

Smart Mobility Market is Segmented on the basis of Solution, Technology, Vehicle Type, Business Model, Application, and Region.

By Solution, Mobility as a Service (MaaS) segment is expected to dominate the market during the forecast period

  • Smart Mobility Market by solution is categorized as Mobility as a service (MaaS), Ride sharing, Car sharing, Bike-sharing and Public transit solutions. MaaS coordinates means of transport so that customers can access them through a single interface; and rid-sharing and car-sharing leads to fewer cars on the road. Use-of-bike sharing fosters last mile transport, while intelligent public transport solutions for crowded urban centers enhances green mobility.

By Application, Traffic Management segment expected to held the largest share

  • The prime aims of smart mobility are Traffic Management, Parking Management, Urban Planning, Freight, and Logistics. Traffic management employs the collection of real-time information to avoid traffic congestion, while parking management utilise IoT for optimisation of parking spaces. Mobility becomes part of city organization and Smart logistics improves supply chains with navigational and load identification applications.

Smart Mobility Market Regional Insights:

Europe is Expected to Dominate the Market Over the Forecast period

  • Europe currently controls more than one-third of the smart mobility market owing to effective government backing and the implementation of environmentally friendly policies early on. EU emissions standards have provided the bankability of stringent legislation toward emissions and funding of smart city that has boosted novel mobility frameworks especially within Germany, the United Kingdom and France. Partnership arrangements between the public and private sectors for urban transit also strengthen regional dominance.

  • He has been praising the region’s approach to mobility as a service and the integration of electric vehicles into public transport systems. Currently, European cities are the market leaders for implementing smart mobility: integration of the IoT traffic control and widespread use of applications for car sharing made a significant contribution to this.

Active Key Players in the Smart Mobility Market

  • Bird Rides (USA)
  • BlaBlaCar (France)
  • Didi Chuxing (China)
  • Grab Holdings (Singapore)
  • Lime (USA)
  • Lyft (USA)
  • Moovit (Israel)
  • Ola Cabs (India)
  • Uber Technologies (USA)
  • Zipcar (USA)
  • Other Active Players.

Global Smart Mobility Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 36.80 Billion

Forecast Period 2024-32 CAGR:

 20.70%

Market Size in 2032:

USD 200.84 Billion

Segments Covered:

By Solution

  • Mobility as a Service (MaaS)
  • Ride-Sharing
  • Car-Sharing
  • Bike-Sharing
  • Public Transit Solutions

By Technology

  • Intelligent Transportation Systems (ITS)
  • Blockchain
  • Internet of Things (IoT)
  • Artificial Intelligence (AI)
  • 5G Connectivity

By Vehicle Type

  • Two-Wheelers
  • Passenger Cars
  • Commercial Vehicles

By Business Model

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)

By Application

  • Traffic Management
  • Parking Management
  • Urban Planning
  • Freight and Logistics

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • The Urban Mobility Revolution, From Connectivity to Sustainability

Key Market Restraints:

  • Challenges of Scalability, Infrastructure and Regulation Hurdles

Key Opportunities:

  • Paving the Road to a Greener Future, Electrification and Smart Cities

Companies Covered in the report:

  • Uber Technologies (USA), Didi Chuxing (China), Lyft (USA), Grab Holdings (Singapore), Ola Cabs (India), BlaBlaCar (France), and Other Active Players.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Smart Mobility Market by Operating System
 4.1 Smart Mobility Market Snapshot and Growth Engine
 4.2 Smart Mobility Market Overview
 4.3 Android
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Android: Geographic Segmentation Analysis
 4.4 iOS
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 iOS: Geographic Segmentation Analysis
 4.5 Others
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Others: Geographic Segmentation Analysis

Chapter 5: Smart Mobility Market by Technology
 5.1 Smart Mobility Market Snapshot and Growth Engine
 5.2 Smart Mobility Market Overview
 5.3 4G Smartphones
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 4G Smartphones: Geographic Segmentation Analysis
 5.4 5G Smartphones
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 5G Smartphones: Geographic Segmentation Analysis
 5.5 Others (e.g.
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Others (e.g.: Geographic Segmentation Analysis
 5.6 foldable phones)
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 foldable phones): Geographic Segmentation Analysis

Chapter 6: Smart Mobility Market by Price Range
 6.1 Smart Mobility Market Snapshot and Growth Engine
 6.2 Smart Mobility Market Overview
 6.3 Low End
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Low End: Geographic Segmentation Analysis
 6.4 Mid Rang
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Mid Rang: Geographic Segmentation Analysis
 6.5 Premium
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Premium: Geographic Segmentation Analysis

Chapter 7: Smart Mobility Market by End User
 7.1 Smart Mobility Market Snapshot and Growth Engine
 7.2 Smart Mobility Market Overview
 7.3 Consumer
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Consumer: Geographic Segmentation Analysis
 7.4 Enterprise
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Enterprise: Geographic Segmentation Analysis

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Benchmarking
  8.1.2 Smart Mobility Market Share by Manufacturer (2023)
  8.1.3 Industry BCG Matrix
  8.1.4 Heat Map Analysis
  8.1.5 Mergers and Acquisitions  
 8.2 UBER TECHNOLOGIES (USA)
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Role of the Company in the Market
  8.2.5 Sustainability and Social Responsibility
  8.2.6 Operating Business Segments
  8.2.7 Product Portfolio
  8.2.8 Business Performance
  8.2.9 Key Strategic Moves and Recent Developments
  8.2.10 SWOT Analysis
 8.3 DIDI CHUXING (CHINA)
 8.4 LYFT (USA)
 8.5 GRAB HOLDINGS (SINGAPORE)
 8.6 OLA CABS (INDIA)
 8.7 BLABLACAR (FRANCE)
 8.8 ZIPCAR (USA)
 8.9 BIRD RIDES (USA)
 8.10 LIME (USA)
 8.11 MOOVIT (ISRAEL)
 8.12 OTHER ACTIVE PLAYERS

Chapter 9: Global Smart Mobility Market By Region
 9.1 Overview
9.2. North America Smart Mobility Market
  9.2.1 Key Market Trends, Growth Factors and Opportunities
  9.2.2 Top Key Companies
  9.2.3 Historic and Forecasted Market Size by Segments
  9.2.4 Historic and Forecasted Market Size By Operating System
  9.2.4.1 Android
  9.2.4.2 iOS
  9.2.4.3 Others
  9.2.5 Historic and Forecasted Market Size By Technology
  9.2.5.1 4G Smartphones
  9.2.5.2 5G Smartphones
  9.2.5.3 Others (e.g.
  9.2.5.4 foldable phones)
  9.2.6 Historic and Forecasted Market Size By Price Range
  9.2.6.1 Low End
  9.2.6.2 Mid Rang
  9.2.6.3 Premium
  9.2.7 Historic and Forecasted Market Size By End User
  9.2.7.1 Consumer
  9.2.7.2 Enterprise
  9.2.8 Historic and Forecast Market Size by Country
  9.2.8.1 US
  9.2.8.2 Canada
  9.2.8.3 Mexico
9.3. Eastern Europe Smart Mobility Market
  9.3.1 Key Market Trends, Growth Factors and Opportunities
  9.3.2 Top Key Companies
  9.3.3 Historic and Forecasted Market Size by Segments
  9.3.4 Historic and Forecasted Market Size By Operating System
  9.3.4.1 Android
  9.3.4.2 iOS
  9.3.4.3 Others
  9.3.5 Historic and Forecasted Market Size By Technology
  9.3.5.1 4G Smartphones
  9.3.5.2 5G Smartphones
  9.3.5.3 Others (e.g.
  9.3.5.4 foldable phones)
  9.3.6 Historic and Forecasted Market Size By Price Range
  9.3.6.1 Low End
  9.3.6.2 Mid Rang
  9.3.6.3 Premium
  9.3.7 Historic and Forecasted Market Size By End User
  9.3.7.1 Consumer
  9.3.7.2 Enterprise
  9.3.8 Historic and Forecast Market Size by Country
  9.3.8.1 Russia
  9.3.8.2 Bulgaria
  9.3.8.3 The Czech Republic
  9.3.8.4 Hungary
  9.3.8.5 Poland
  9.3.8.6 Romania
  9.3.8.7 Rest of Eastern Europe
9.4. Western Europe Smart Mobility Market
  9.4.1 Key Market Trends, Growth Factors and Opportunities
  9.4.2 Top Key Companies
  9.4.3 Historic and Forecasted Market Size by Segments
  9.4.4 Historic and Forecasted Market Size By Operating System
  9.4.4.1 Android
  9.4.4.2 iOS
  9.4.4.3 Others
  9.4.5 Historic and Forecasted Market Size By Technology
  9.4.5.1 4G Smartphones
  9.4.5.2 5G Smartphones
  9.4.5.3 Others (e.g.
  9.4.5.4 foldable phones)
  9.4.6 Historic and Forecasted Market Size By Price Range
  9.4.6.1 Low End
  9.4.6.2 Mid Rang
  9.4.6.3 Premium
  9.4.7 Historic and Forecasted Market Size By End User
  9.4.7.1 Consumer
  9.4.7.2 Enterprise
  9.4.8 Historic and Forecast Market Size by Country
  9.4.8.1 Germany
  9.4.8.2 UK
  9.4.8.3 France
  9.4.8.4 The Netherlands
  9.4.8.5 Italy
  9.4.8.6 Spain
  9.4.8.7 Rest of Western Europe
9.5. Asia Pacific Smart Mobility Market
  9.5.1 Key Market Trends, Growth Factors and Opportunities
  9.5.2 Top Key Companies
  9.5.3 Historic and Forecasted Market Size by Segments
  9.5.4 Historic and Forecasted Market Size By Operating System
  9.5.4.1 Android
  9.5.4.2 iOS
  9.5.4.3 Others
  9.5.5 Historic and Forecasted Market Size By Technology
  9.5.5.1 4G Smartphones
  9.5.5.2 5G Smartphones
  9.5.5.3 Others (e.g.
  9.5.5.4 foldable phones)
  9.5.6 Historic and Forecasted Market Size By Price Range
  9.5.6.1 Low End
  9.5.6.2 Mid Rang
  9.5.6.3 Premium
  9.5.7 Historic and Forecasted Market Size By End User
  9.5.7.1 Consumer
  9.5.7.2 Enterprise
  9.5.8 Historic and Forecast Market Size by Country
  9.5.8.1 China
  9.5.8.2 India
  9.5.8.3 Japan
  9.5.8.4 South Korea
  9.5.8.5 Malaysia
  9.5.8.6 Thailand
  9.5.8.7 Vietnam
  9.5.8.8 The Philippines
  9.5.8.9 Australia
  9.5.8.10 New Zealand
  9.5.8.11 Rest of APAC
9.6. Middle East & Africa Smart Mobility Market
  9.6.1 Key Market Trends, Growth Factors and Opportunities
  9.6.2 Top Key Companies
  9.6.3 Historic and Forecasted Market Size by Segments
  9.6.4 Historic and Forecasted Market Size By Operating System
  9.6.4.1 Android
  9.6.4.2 iOS
  9.6.4.3 Others
  9.6.5 Historic and Forecasted Market Size By Technology
  9.6.5.1 4G Smartphones
  9.6.5.2 5G Smartphones
  9.6.5.3 Others (e.g.
  9.6.5.4 foldable phones)
  9.6.6 Historic and Forecasted Market Size By Price Range
  9.6.6.1 Low End
  9.6.6.2 Mid Rang
  9.6.6.3 Premium
  9.6.7 Historic and Forecasted Market Size By End User
  9.6.7.1 Consumer
  9.6.7.2 Enterprise
  9.6.8 Historic and Forecast Market Size by Country
  9.6.8.1 Turkiye
  9.6.8.2 Bahrain
  9.6.8.3 Kuwait
  9.6.8.4 Saudi Arabia
  9.6.8.5 Qatar
  9.6.8.6 UAE
  9.6.8.7 Israel
  9.6.8.8 South Africa
9.7. South America Smart Mobility Market
  9.7.1 Key Market Trends, Growth Factors and Opportunities
  9.7.2 Top Key Companies
  9.7.3 Historic and Forecasted Market Size by Segments
  9.7.4 Historic and Forecasted Market Size By Operating System
  9.7.4.1 Android
  9.7.4.2 iOS
  9.7.4.3 Others
  9.7.5 Historic and Forecasted Market Size By Technology
  9.7.5.1 4G Smartphones
  9.7.5.2 5G Smartphones
  9.7.5.3 Others (e.g.
  9.7.5.4 foldable phones)
  9.7.6 Historic and Forecasted Market Size By Price Range
  9.7.6.1 Low End
  9.7.6.2 Mid Rang
  9.7.6.3 Premium
  9.7.7 Historic and Forecasted Market Size By End User
  9.7.7.1 Consumer
  9.7.7.2 Enterprise
  9.7.8 Historic and Forecast Market Size by Country
  9.7.8.1 Brazil
  9.7.8.2 Argentina
  9.7.8.3 Rest of SA

Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies

Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research

Global Smart Mobility Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 36.80 Billion

Forecast Period 2024-32 CAGR:

 20.70%

Market Size in 2032:

USD 200.84 Billion

Segments Covered:

By Solution

  • Mobility as a Service (MaaS)
  • Ride-Sharing
  • Car-Sharing
  • Bike-Sharing
  • Public Transit Solutions

By Technology

  • Intelligent Transportation Systems (ITS)
  • Blockchain
  • Internet of Things (IoT)
  • Artificial Intelligence (AI)
  • 5G Connectivity

By Vehicle Type

  • Two-Wheelers
  • Passenger Cars
  • Commercial Vehicles

By Business Model

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)

By Application

  • Traffic Management
  • Parking Management
  • Urban Planning
  • Freight and Logistics

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • The Urban Mobility Revolution, From Connectivity to Sustainability

Key Market Restraints:

  • Challenges of Scalability, Infrastructure and Regulation Hurdles

Key Opportunities:

  • Paving the Road to a Greener Future, Electrification and Smart Cities

Companies Covered in the report:

  • Uber Technologies (USA), Didi Chuxing (China), Lyft (USA), Grab Holdings (Singapore), Ola Cabs (India), BlaBlaCar (France), and Other Active Players.

Frequently Asked Questions :

What would be the forecast period in the Smart Mobility Market research report?
The forecast period in the Smart Mobility Market research report is 2024-2032.
Who are the key players in the Smart Mobility Market?
Uber Technologies (USA), Didi Chuxing (China), Lyft (USA), Grab Holdings (Singapore), Ola Cabs (India), BlaBlaCar (France), Zipcar (USA), Bird Rides (USA), Lime (USA), Moovit (Israel). and Other Active Players.
What are the segments of the Smart Mobility Market?
The Smart Mobility Market is segmented into Solution,Technology,Vehicle Type, Business Model, Application, and region by Solution (Mobility as a Service (MaaS), Ride-Sharing, Car-Sharing, Bike-Sharing, Public Transit Solutions), By Technology (Intelligent Transportation Systems (ITS), Blockchain, Internet of Things (IoT), Artificial Intelligence (AI), 5G Connectivity), Vehicle Type (Two-Wheelers, Passenger Cars, Commercial Vehicles), By Business Model (Business-to-Business (B2B), Business-to-Consumer (B2C)),Application (Traffic Management, Parking Management, Urban Planning, Freight and Logistics). By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Russia, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).
What is the Smart Mobility Market?
By definition, Smart Mobility Market refers to solutions in transportation that apply smart technology such as Internet of Things (IoT), Artificial Intelligence (AI), and Fifth Generation (5G) to increase effectiveness, security and eco-friendliness. This consists of business models like ride hailing, car sharing, bike sharing, integrated mass transit which has the general goal of derisking congestion, pollution and waste in cities.
How big is the Smart Mobility Market?
Smart Mobility Market Size Was Valued at USD 36.80 Billion in 2023, and is Projected to Reach USD 200.084 Billion by 2032, Growing at a CAGR of 20.70% From 2024-2032.