Mobility on demand market is anticipated to grow at a considerable CAGR of 10.5% during the forecast period (2024-2031). Mobility on-demand services is on the rise in various countries post government regulation, increasing environmental consciousness, and changing customer transport preferences. The services aim to provide consumers with on-demand transportation including public and private commuting options. The market is also expanding and innovating towards autonomous ride-sharing services, and on-demand air transport services with investment by big technology players such as Ford, Google, and many others.
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As traffic continues to increase, various market players have shifted their focus on offering alternative shared mobility options including two-wheelers, e-vehicles, and air mobility vehicles to provide faster and more flexible commutes, especially in high-traffic congestion areas. For instance, in October 2023, FlyBlade India (“BLADE India”), a joint venture between Hunch Ventures and BLADE Air Mobility, Inc. launched a shuttle service connecting Bangalore International Airport to Hosur Aerodrome as part of its expansion plan for its intra-city helicopter services. The on-demand service will be available every weekday at $72 per person. The onward journey from the airport shall start in the morning whereas the return flights will be in the evening. With the introduction of this route, BLADE India aims to simplify commuting between North and South Bangalore.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Mobility on Demand Market Report Segment
By Type
- Sharing
- Renting
By Vehicle
- Passenger Vehicles
- Commercial Vehicles
- Other (Two wheelers, Air Transport)
By Booking
- Online
- Offline
By Commute
- Intracity
- Intercity
Global Mobility on Demand Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global mobility on demand market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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