The micro-mobility market size is expected to reach USD 145.83 billion by 2034, according to a new study by Polaris Market Research. The report “Micro-mobility Market Size, Share, Trends, and Industry Analysis Report: By Application (Commercial and Private), Type, End Users, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The micro-mobility market is experiencing significant growth driven by many factors such as rising urbanization, increasing environmental awareness, and the need for cost-effective, efficient transportation solutions. Key drivers include the growing demand for sustainable last-mile connectivity, government initiatives supporting eco-friendly transport, and advancements in electric vehicle technology. Micro-mobility market opportunities lie in expanding shared mobility services, integrating smart technologies for fleet management, and tapping into emerging markets in Asia Pacific and Latin America.
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Major micro-mobility market trends include the rise of electric scooters and bikes, the integration of IoT for better user experience, and an emphasis on green, carbon-neutral solutions. With continued innovation and infrastructure investments, the market is poised for substantial growth, providing convenient, eco-friendly alternatives to traditional transport.
By Application Outlook (Revenue – USD Billion, 2020–2034)
By Type Outlook (Revenue – USD Billion, 2020–2034)
By End Users Outlook (Revenue – USD Billion, 2020–2034)
By Regional Outlook (Revenue – USD Billion, 2020–2034)
Report Attributes |
Details |
Market Size Value in 2024 |
USD 41.01 billion |
Market Size Value in 2025 |
USD 46.47 billion |
Revenue Forecast by 2034 |
USD 145.83 billion |
CAGR |
13.5% from 2025 to 2034 |
Base Year |
2024 |
Historical Data |
2020–2023 |
Forecast Period |
2025–2034 |
Quantitative Units |
Revenue in USD billion and CAGR from 2025 to 2034 |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
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Regional Scope |
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Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
For Specific Research Requirements |