Shared Mobility Telematics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

The Global Shared Mobility Telematics Market is projected to expand from USD 6.31 billion in 2025 to USD 9.48 billion by 2031, reflecting a compound annual growth rate of 7.02%. This sector involves integrating telecommunications and informatics within shared transportation fleets to facilitate real-time tracking, remote diagnostics, and automated user access. The market is chiefly driven by the urgent need for fleet operators to optimize asset utilization and lower maintenance expenses using predictive analytics, alongside a foundational transition toward sustainable urban mobility options. These drivers represent permanent operational necessities rather than fleeting trends. Data from the North American Bikeshare and Scootershare Association indicates that shared micromobility ridership in North America surged by 31 percent in 2024, reaching at least 225 million trips, highlighting the increasing dependence on connected fleet systems.

Despite this strong expansion, the market encounters a substantial obstacle regarding data privacy and cybersecurity. The constant transmission of sensitive location and usage data introduces vulnerabilities that cybercriminals can target, potentially resulting in data breaches. Consequently, the challenge of establishing rigorous security measures to safeguard this information acts as a significant barrier that could undermine trust and hinder the global scaling of shared mobility networks.

Market Drivers

A major catalyst for market growth is the rising incorporation of electric vehicles (EVs) into shared fleets, which mandates sophisticated battery management systems to maintain efficiency. Unlike internal combustion engine vehicles, EVs demand continuous telematics oversight regarding state-of-charge, battery health, and real-time range to avoid downtime and refine charging logistics. This data is vital for fleet managers to automate dispatching based on available range and prolong the lifespan of high-value battery assets. Uber's '2024 Environmental, Social, and Governance Report' notes that 9 percent of on-trip miles in Europe during April 2024 were completed in zero-emission vehicles, emphasizing the expanding scale of electrified fleets that rely on digital monitoring for sustainability and performance.

Concurrently, advancements in high-speed 5G and Vehicle-to-Everything (V2X) connectivity are revolutionizing shared mobility telematics capabilities. These technologies deliver the low-latency bandwidth necessary for autonomous driving functions, remote diagnostics, and advanced passenger safety protocols. V2X allows vehicles to communicate directly with infrastructure and other road users, improving traffic flow and lowering accident risks in congested urban areas. According to 5G Americas, global 5G connections hit 1.76 billion by the end of 2023, creating the solid network foundation required for next-generation fleet communication. This connectivity supports significant market activity, as evidenced by Lime's report of $616 million in gross bookings for 2023, demonstrating the massive operational volume that modern telematics infrastructure must support.

Market Challenges

The principal obstacle obstructing the Global Shared Mobility Telematics Market is the escalating threat associated with cybersecurity and data privacy. Because shared mobility platforms depend heavily on the ceaseless transfer of real-time data for vehicle tracking, user authentication, and remote diagnostics, they present a wider attack surface for malicious actors. Vulnerabilities in these connected systems can be leveraged to steal sensitive user information or manipulate vehicle controls, causing severe operational disruptions and liability issues. This insecurity compels operators to divert funds toward defensive protocols rather than market expansion, creating a reluctance to adopt advanced telematics solutions due to fears of reputational damage.

The gravity of this issue is underscored by the high frequency of security incidents within the fleet sector, which underpins shared mobility operations. In 2024, the National Motor Freight Traffic Association reported that 60 percent of surveyed fleet organizations had experienced data breaches. Such a high prevalence of cyber incidents erodes consumer trust and creates a volatile environment for fleet operators, directly slowing the broader integration and scalability of shared mobility telematics technologies globally.

Market Trends

The proliferation of Video Telematics for Enhanced Safety Monitoring is reshaping the shared mobility landscape by shifting operational focus from simple location tracking to comprehensive visual intelligence. Operators are increasingly deploying dual-facing dash cameras equipped with machine vision to detect distracted driving, harsh maneuvering, and road hazards in real-time. This visual data provides irrefutable evidence for liability protection and enables granular driver coaching, which is essential for maintaining safety standards in high-turnover shared fleets. According to Motive's 'The State of Safety 2024' report, 57 percent of fleets utilizing AI-enabled dash cameras reported a measurable decline in unsafe driving behaviors, validating the technology's effectiveness in mitigating on-road risks and reducing accident frequency.

Simultaneously, the implementation of Usage-Based Insurance Models for Shared Fleets is gaining traction as operators seek to control rising premiums through data-driven risk assessment. Unlike traditional flat-rate policies, these dynamic models utilize telematics data - such as braking intensity, acceleration patterns, and time of day - to calculate insurance costs based on actual vehicle handling. This financial structure incentivizes safer driving habits among users and allows fleet managers to negotiate lower rates by demonstrating verified safety compliance. According to SambaSafety's '2024 Telematics Report', 70 percent of commercial insurers aim to expand their usage-based insurance offerings over the next two years, reflecting a decisive industry shift toward personalized, behavior-centric coverage.

Key Players Profiled in the Shared Mobility Telematics Market

• CalAmp
• Geotab
• INVERS
• Octo Group
• Ridecell
• Samsara
• Verizon
• Vulog
• Yazaki

Report Scope

In this report, the Global Shared Mobility Telematics Market has been segmented into the following categories:

Shared Mobility Telematics Market, by Service Type:

• Ride Hailing
• Car/Two-Wheeler Sharing
• Rental
• Ride Sharing

Shared Mobility Telematics Market, by Vehicle Type:

• Passenger Car
• Two-Wheeler

Shared Mobility Telematics Market, by Offering:

• Global Positioning System (GPS)
• Fleet Optimization
• Vehicle Tracking
• Others

Shared Mobility Telematics Market, by Technology:

• Embedded
• Tethered
• Integrated

Shared Mobility Telematics Market, by Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Shared Mobility Telematics Market.

Available Customization

The analyst offers customization according to your specific needs. The following customization options are available for the report:

• Detailed analysis and profiling of additional market players (up to five).

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