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North America Car Subscription Market Size, Share & Industry Analysis Report By Propulsion Type, By End User, By Subscription Type, By Service Provider, By Subscription Period, By Country and Growth Forecast, 2025-2032

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    Report

  • 175 Pages
  • September 2025
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6174568
The North America Car Subscription Market is expected to witness market growth of 22.4% CAGR during the forecast period (2025-2032).

The US market dominated the North America Car Subscription Market by country in 2024, and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of $4.73 billion by 2032. Canada market is experiencing a CAGR of 25.6% during 2025-2032. Additionally, the Mexico market is expected to exhibit a CAGR of 24.3% during 2025-2032. The US and Canada led the North America Car Subscription Market by Country with a market share of 80.2% and 9% in 2024.



The North American car subscription market came about because more people wanted flexibility, dealerships were willing to try new things, and automakers were willing to try other ways of owning a car. Ford's Canvas, Cadillac's Book, Porsche Drive, and Volvo's Care by Volvo were some of the first programs to offer insurance, maintenance, and predictable monthly costs along with vehicle use. Government frameworks that support "Mobility as a Service" made it easier for people to try new things, and city dwellers, especially younger drivers, liked having easy, short-term access. The COVID-19 pandemic made people more interested in private transportation options that didn't require long-term commitments.

Recent trends show that digital-first platforms like Volkswagen's VW Flex make it easy to sign up online and have low barriers to access. Automakers also use subscriptions to get people to stick with their brands, even if they're not ready to buy a car yet. At the same time, BMW, Tesla, and other companies are adding software-based subscriptions that let you pay for features like faster charging and driver assistance. There is a lot of competition, including OEM-backed services, dealer-led regional platforms, and startups. Each of these companies is working to find the right balance between convenience, brand engagement, and customer expectations in a mobility landscape that is changing quickly.

Subscription Type Outlook

Based on Subscription Type, the market is segmented into Single Brand (Single-Brand Swap), and Multi Brand. With a compound annual growth rate (CAGR) of 23.9% over the projection period, the Single Brand (Single-Brand Swap) Market, dominate the Mexico Car Subscription Market by Subscription Type in 2024 and would be a prominent market until 2032. The Multi Brand market is expected to witness a CAGR of 24.8% during 2025-2032.



Service Provider Outlook

Based on Service Provider, the market is segmented into OEM/Captives, Mobility Providers, and Technology Companies. The OEM/Captives market segment dominated the US Car Subscription Market by Service Provider is expected to grow at a CAGR of 21.1 % during the forecast period thereby continuing its dominance until 2032. Also, The Technology Companies market is anticipated to grow as a CAGR of 23.1 % during the forecast period during 2025-2032.

Subscription Period Outlook

Based on Subscription Period, the market is segmented into 1 to 6 Months, 6 to 12 Months, and More than 12 Months. Among various Canada Car Subscription Market by Subscription Period; The 1 to 6 Months market achieved a market size of USD $50.1 Million in 2024 and is expected to grow at a CAGR of 24.9 % during the forecast period. The More than 12 Months market is predicted to experience a CAGR of 26.6% throughout the forecast period from (2025 - 2032).

Country Outlook

Canada’s car subscription market is shaped by its vast geography, urban concentration, and sustainability focus, with cities like Toronto, Vancouver, and Montreal driving demand due to high ownership costs and congestion. Subscriptions bundle insurance, maintenance, and registration into predictable fees while enabling risk-free EV trials, appealing to both urban commuters and suburban households seeking flexibility. Government incentives for clean transport and a culture accustomed to digital subscriptions support adoption. Automakers like Volvo and Porsche, alongside local startups and rental firms, are piloting tailored models. Competition is growing, with urban areas favoring experimentation while rural regions require adapted solutions, positioning subscriptions as a sustainable, convenient complement to ownership in Canada’s evolving mobility landscape.

List of Key Companies Profiled

  • Volvo Group
  • Mercedes-Benz Group AG
  • BMW AG
  • Hyundai Motor Company
  • Volkswagen AG
  • Sixt SE
  • The Hertz Corporation
  • FINN GmbH
  • Ayvens
  • Cazoo

Market Report Segmentation

By Propulsion Type

  • Internal-Combustion Engine (ICE)
  • Electric Vehicle (EV)

By End User

  • Private
  • Corporate

By Subscription Type

  • Single Brand (Single-Brand Swap)
  • Multi Brand

By Service Provider

  • OEM/Captives
  • Mobility Providers
  • Technology Companies

By Subscription Period

  • 1 to 6 Months
  • 6 to 12 Months
  • More than 12 Months

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Car Subscription Market, by Propulsion Type
1.4.2 North America Car Subscription Market, by End User
1.4.3 North America Car Subscription Market, by Subscription Type
1.4.4 North America Car Subscription Market, by Service Provider
1.4.5 North America Car Subscription Market, by Subscription Period
1.4.6 North America Car Subscription Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Market Trends - Car Subscription MarketChapter 5. State of Competition - Car Subscription MarketChapter 6. Product Life Cycle - Car Subscription MarketChapter 7. Market Consolidation - Car Subscription Market
Chapter 8. Competition Analysis - Global
8.1 Market Share Analysis, 2024
8.2 Recent Strategies Deployed in Car Subscription Market
8.3 Porter Five Forces Analysis
Chapter 9. Value Chain Analysis of Car Subscription Market
9.1 Vehicle Manufacturing & OEMs
9.2 Fleet Acquisition & Financing
9.3 Platform Operators & Technology Providers
9.4 Insurance & Risk Management
9.5 Maintenance & Service Providers
9.6 Logistics, Delivery & Vehicle Handover
9.7 Customer Subscription Experience
9.8 Resale, Remarketing & Fleet Recycling
Chapter 10. Key Customer Criteria - Car Subscription Market
Chapter 11. North America Car Subscription Market by Propulsion Type
11.1 North America Internal-Combustion Engine (ICE) Market by Region
11.2 North America Electric Vehicle (EV) Market by Region
Chapter 12. North America Car Subscription Market by End User
12.1 North America Private Market by Region
12.2 North America Corporate Market by Region
Chapter 13. North America Car Subscription Market by Subscription Type
13.1 North America Single Brand (Single-Brand Swap) Market by Country
13.2 North America Multi Brand Market by Country
Chapter 14. North America Car Subscription Market by Service Provider
14.1 North America OEM/Captives Market by Country
14.2 North America Mobility Providers Market by Country
14.3 North America Technology Companies Market by Country
Chapter 15. North America Car Subscription Market by Subscription Period
15.1 North America 1 to 6 Months Market by Country
15.2 North America 6 to 12 Months Market by Country
15.3 North America More than 12 Months Market by Country
Chapter 16. North America Car Subscription Market by Country
16.1 US Car Subscription Market
16.1.1 US Car Subscription Market by Propulsion Type
16.1.2 US Car Subscription Market by End User
16.1.3 US Car Subscription Market by Subscription Type
16.1.4 US Car Subscription Market by Service Provider
16.1.5 US Car Subscription Market by Subscription Period
16.2 Canada Car Subscription Market
16.2.1 Canada Car Subscription Market by Propulsion Type
16.2.2 Canada Car Subscription Market by End User
16.2.3 Canada Car Subscription Market by Subscription Type
16.2.4 Canada Car Subscription Market by Service Provider
16.2.5 Canada Car Subscription Market by Subscription Period
16.3 Mexico Car Subscription Market
16.3.1 Mexico Car Subscription Market by Propulsion Type
16.3.2 Mexico Car Subscription Market by End User
16.3.3 Mexico Car Subscription Market by Subscription Type
16.3.4 Mexico Car Subscription Market by Service Provider
16.3.5 Mexico Car Subscription Market by Subscription Period
16.4 Rest of North America Car Subscription Market
16.4.1 Rest of North America Car Subscription Market by Propulsion Type
16.4.2 Rest of North America Car Subscription Market by End User
16.4.3 Rest of North America Car Subscription Market by Subscription Type
16.4.4 Rest of North America Car Subscription Market by Service Provider
16.4.5 Rest of North America Car Subscription Market by Subscription Period
Chapter 17. Company Profiles
17.1 Volvo Group
17.1.1 Company Overview
17.1.2 Financial Analysis
17.1.3 Segmental and Regional Analysis
17.1.4 Research & Development Expense
17.1.5 SWOT Analysis
17.2 Mercedes-Benz Group AG
17.2.1 Company Overview
17.2.2 Financial Analysis
17.2.3 Segmental and Regional Analysis
17.2.4 Research & Development Expense
17.2.5 SWOT Analysis
17.3 BMW AG
17.3.1 Company Overview
17.3.2 Financial Analysis
17.3.3 Segmental and Regional Analysis
17.3.4 Research & Development Expenses
17.3.5 SWOT Analysis
17.4 Hyundai Motor Company
17.4.1 Company Overview
17.4.2 Financial Analysis
17.4.3 Segmental and Regional Analysis
17.4.4 Research & Development Expense
17.4.5 Recent Strategies and Developments
17.4.5.1 Partnerships, Collaborations, and Agreements
17.4.5.2 Product Launches and Product Expansions
17.4.6 SWOT Analysis
17.5 Volkswagen AG
17.5.1 Company Overview
17.5.2 Financial Analysis
17.5.3 Segmental and Regional Analysis
17.5.4 Research & Development Expense
17.5.5 Recent Strategies and Developments
17.5.5.1 Partnerships, Collaborations, and Agreements
17.5.5.2 Product Launches and Product Expansions
17.5.6 SWOT Analysis
17.6 Sixt SE
17.6.1 Company Overview
17.6.2 Financial Analysis
17.6.3 Segmental and Regional Analysis
17.6.4 Recent Strategies and Developments
17.6.4.1 Product Launches and Product Expansions
17.7 The Hertz Corporation
17.7.1 Company Overview
17.7.2 Financial Analysis
17.7.3 Segmental and Regional Analysis
17.8 FINN GmbH
17.8.1 Company Overview
17.9 Ayvens
17.9.1 Company Overview
17.10. Cazoo
17.10.1 Company Overview
17.10.2 Recent Strategies and Developments
17.10.2.1 Product Launches and Product Expansions
17.10.2.2 Acquisition and Mergers

Companies Mentioned

  • Volvo Group
  • Mercedes-Benz Group AG
  • BMW AG
  • Hyundai Motor Company
  • Volkswagen AG
  • Sixt SE
  • The Hertz Corporation
  • FINN GmbH
  • Ayvens
  • Cazoo