Shared vehicles market seen topping $361.9 billion by 2030

The shared vehicles market is projected to exceed $361.92 billion by 2030 as operators lean into electric fleets, AI tools, connected cars and subscription services. The Business Research Company says the market is still highly fragmented, with the top 10 firms holding just 4% of revenue in 2025.

Why it matters: - Shared mobility is shifting from a niche transport option to a major global services market, with demand driven by lower-cost access, urban congestion and sustainability goals. - The market's growth points to more competition around app-based booking, fleet efficiency and electric vehicle adoption. - The segment is also becoming more important to broader mobility-as-a-service ecosystems and city transport planning.

What happened: - The Business Research Company released its Shared Vehicles Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 on Oct. 13, 2026. - The report projects the shared vehicles market will pass $361.92 billion by 2030. - The market is expected to grow at a 15% compound annual growth rate through 2030. - The report says Enterprise Holdings Inc. led global shared vehicles sales in 2025 with a 1% share. - Avis Budget Group Inc. and The Hertz Corporation also held 1% shares in 2025. - The top 10 companies accounted for just 4% of total revenue in 2025.

The details: - Asia-Pacific is projected to be the largest regional market by 2030 at $129 billion, up from $63 billion in 2025. - The USA is projected to be the largest country market by 2030 at $67 billion, up from $36 billion in 2025. - Car rental is expected to dominate the market, reaching $264 billion and 73% of total value by 2030. - Bike sharing and car sharing are also expected to remain key growth segments. - The report estimates shared vehicles will represent almost 1% of the wider services industry, which is forecast to reach $25,315 billion by 2030. - Market growth is being pushed by consumer demand for affordable, flexible transport, urbanization, and sustainability pressures. - The report says AI-driven autonomous driving systems are changing shared mobility by enabling driverless services, smarter fleet management and better safety. - In May 2026, May Mobility rolled out fifth-generation autonomous driving technology using deep learning, a predictive World Model and a real-time reasoning engine for commercial shared mobility. - The report says operators are leaning on electric fleets, AI-powered management tools, connected vehicle technology, strategic partnerships and subscription services to stay competitive. - The report identifies the largest growth opportunities in car rental, bike sharing and car sharing, which together are expected to add more than $180 billion in market value by 2030. - The report breaks the market into service types, vehicle types and propulsion systems, including electric vehicles and internal combustion engine vehicles. - The report names Enterprise Holdings, Avis Budget Group, Hertz, Europcar Mobility Group, Sixt, Turo, Lime, Getaround, Bird Global and Nextbike among the leading companies.

Between the lines: - A 4% share for the top 10 players signals a fragmented market where scale is useful but not decisive. - The strongest companies appear to be combining fleet size with digital booking, connected mobility and regional partnerships. - The emphasis on AI, autonomy and electrification suggests competition is moving beyond rentals and ride access toward software-led fleet optimization. - The report's inclusion of market attractiveness scoring, TAM analysis and forecasting dashboards points to rising investor and operator interest in segment-specific planning.

What's next: - Asia-Pacific and the USA are expected to remain the key growth engines through 2030. - Shared vehicle operators are likely to keep expanding electric fleets and app-based services as consumer preferences shift away from ownership. - Autonomous mobility pilots and commercial deployments are likely to expand as AI systems mature. - The report's forecast implies continued consolidation pressure, but no near-term dominance by any single provider.

The bottom line: - Shared vehicles are moving into a high-growth phase, but the market remains fragmented enough for newer players and niche models to keep competing.