Car Sharing Market Forecast To Reach USD 28.67 Billion By 2030 Mordor Intelligence

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"Car Sharing Market"Mordor Intelligence has published a latest report on the Car Sharing Market, offering a comprehensive analysis of trends, growth drivers, and future projections.

Introduction

According to a 2025 report on the car sharing Market by Mordor Intelligence, the market size is valued at USD 11.52 billion in 2025 and is forecast to reach USD 28.67 billion by 2030, reflecting a CAGR of 20 percent over the forecast period.

The car sharing market is a growing segment of the shared mobility industry, offering users short-term access to vehicles without the costs and responsibilities of ownership. Through online platforms and mobile apps, individuals can book cars for specific durations, from a few hours to several days, paying only for the time or distance traveled. This model has gained traction in urban areas where rising vehicle costs, limited parking space, and environmental concerns are driving demand for flexible and affordable transport options.

Key Market Trends

Rapid Adoption of Online Booking Platforms: Digital platforms have become the backbone of car sharing services. With smartphones enabling seamless reservations, users can now easily locate, unlock, and pay for vehicles within minutes. The convenience of app-based bookings has made online reservations the most preferred method, gradually replacing traditional offline booking systems.

Growth in Electric Vehicle (EV) Fleets: Many operators are transitioning to electric car sharing fleets to meet emission regulations and consumer demand for greener transportation. Electric cars not only reduce environmental impact but also lower operating costs over time, making them an attractive investment for shared mobility providers.

Expansion of Free-Floating Car Sharing Models: The free-floating model allows users to pick up a car at one location and drop it off at another without returning to the original station. This flexibility has made it popular in densely populated cities where convenience and time-saving options are key to attracting new users.

Rising Demand in Corporate Mobility Solutions: Businesses are increasingly partnering with car sharing providers to offer employees easy access to vehicles for business travel or daily commuting. This model helps companies cut down on fleet maintenance costs while promoting sustainability goals and reducing traffic congestion.

Market Segmentation

By Booking Type

• Online Booking

• Offline Booking

By Application Type

• Business/Corporate

• Leisure

By Vehicle Type

• Hatchback

• Sedan

• Sports Utility Vehicles (SUVs)

• Multi-Purpose Vehicles (MPVs)

By Type

• Peer-to-Peer

• Free Floating

By Trip Type

• One Way

• Round Trip

By Geography

• North America

• Europe

• Asia Pacific

• Rest of the World

Major Players

Zipcar Inc. Zipcar, a subsidiary of Avis Budget Group, is one of the most established cars sharing companies globally. Headquartered in the United States, it operates across several North American and European cities. Zipcar offers station-based car sharing services with a focus on hourly or daily rentals, serving both corporate clients and individual consumers.

Zoomcar Ltd . Zoomcar is a leading car sharing and self-drive rental service provider in India. The company allows users to rent cars for short or long durations through a fully digital platform. With an increasing presence in multiple Indian cities, Zoomcar has introduced subscription-based models and is exploring electric vehicle integration into its fleet.

Share Now GmbH Headquartered in Europe, Share Now GmbH was formed through the merger of car2go and Drive Now. The company operates free-floating car sharing services, allowing users to pick up and drop off cars at different locations. Its strong presence in European cities makes it a key player in the urban mobility space, with a growing focus on electric vehicle deployment.

Getaround Inc. Getaround is a U.S.-based peer-to-peer car sharing company enabling private car owners to rent their vehicles via its platform. The company emphasizes flexible rentals ranging from hourly to multi-day use and has expanded operations into multiple cities in North America and Europe.

SOCAR Group SOCAR Group is a South Korea-based car sharing provider offering both free-floating and station-based services. The company has built a strong customer base in South Korea and continues to expand into other Asian markets with technology-driven solutions for convenient and affordable urban mobility.

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Conclusion

The car sharing market is poised for significant growth as urban populations rise, private vehicle ownership costs increase, and cities push for cleaner, more efficient transportation systems. With online booking platforms streamlining access, electric vehicle integration gaining momentum, and corporate mobility solutions expanding, the industry is transforming personal and business travel alike.

Industry Related Reports

ASEAN Car Rental Market: The ASEAN Car Rental Market is segmented by Booking Type (Offline, Online), Rental Duration (Short-Term, Long-Term), Service Type (Self-Drive, Chauffeur-Drive, and others), Vehicle Type (Economy and Mini, Compact and Mid-Size, and others), Application (Tourism, Business Travel, and others), End-Customer (Individuals, Corporates and SMEs, and others), and Country. Market forecasts are presented in terms of value (USD).

Italy Car Rental Market: The Italy Car Rental Market report covers key companies and is segmented by Booking Type (Online Booking, Offline Booking), Application (Leisure/Tourism, Business), Rental Length (Short-Term, Long-Term), Fuel Type (Diesel, Petrol, Electric), and Car Type (Hatchback, Sedan, Utility Vehicle). Market size and forecasts are provided in terms of value (USD Billion) for all segments.

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India Car Rental Market: The India Car Rental Market is segmented by Booking Type (Online, Offline), Application Type (Tourism, Commuting), Vehicle Type (Luxury/Premium Cars, Economy/Budget Cars), and Rental Duration (Short-Term, Long-Term). The report provides market size and forecasts in terms of value (USD) for all these segments.

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