Europe Ride Sharing Market Size - By Business Model, By Propulsion, By Booking Mode, By Commute, By Vehicle, Growth Forecast, 2025 - 2034

Europe Ride Sharing Market Size

The Europe ride sharing market size was valued at USD 32.1 billion in 2024 and is projected to grow at a CAGR of 5.2% between 2025 and 2034.
 

Urbanization, rising fuel costs, and growing environmental awareness are key components driving this growth for ride sharing. The increase in smartphone penetration as well as supportive government regulations further accelerates ride sharing adoption, making ride sharing as a key component of Europe’s smart mobility ecosystem.
 

The availability of smartphones, as well as improved digital literacy, is prevalent across Europe, resulting in a ride sharing app that is easily accessible to consumers. Consumers can book rides, keep track of vehicles arriving in real time, and can pay digitally for the ride, directly from their smartphones. The steady increase in users, especially from urban centers, has permitted rideshare services to expand quickly, and at a greater pace because of technology-driven solutions, and better interactions with can customers.
 

According to GSMA, by the end of 2024, 88% of the European population will subscribe to a mobile service, and 79% of the population will have access to mobile internet. That amounts to roughly 471 million people. This, access to smartphones and digital literacy are making app-based ride sharing services more easily available to its markets.
 

Millennials and Gen Z consumers are increasingly seeking flexible, on-demand mobility and are heavily turning away from traditional car ownership. The ride sharing solutions, along with their mindset towards app-based experiences, digital payments, and sustainability closely aligns.  This tech-friendly demographic highly values such as convenience, affordability, shared economy services as avenues to fulfill their transportation needs, in essence making them a prime audience for ride-share and one of the dominant contributors to the upsurge of ride sharing in metropolitan areas across Europe.
 

Ride sharing is a seamless door-to-door transport service that saves time and effort.  Urban professionals, students, and frequent travelers recognize that rideshare services are of more value than public transport, where the user has to plan for schedules and transfers. Rideshare services basically adapt to the daily routine of their user, offering a unique and flexible mode of transport.
 

As consumers increasingly prioritize convenience and adaptability, ride-sharing services offer on-demand mobility solutions that accommodate varying schedules and travel preferences. The possible consequences of maintaining quality schedules and ensuring a comfortable ride elevate hundreds of thousands of people choosing to rideshare over public transport every day.
 

Europe Ride Sharing Market Trends

• Cities in Europe are increasingly adopting Mobility-as-a-Service (MaaS) platforms that consolidate ride-hailing, public transit, bike and scooter sharing, and car rentals into one app. This is more convenient and encourages users to switch from private vehicle ownership to share on-demand transportation. Cities such as Brussels and Helsinki have introduced MaaS apps, Floya and Whim, respectively, which illustrates how they are being used to improve urban mobility to reduce congestion.
   
• Autonomous vehicles are paving the way in the ride sharing industry in Europe by reducing dependence on human drivers and conceivably lowering operating costs. Companies are actively piloting autonomous vehicle fleets in urban settings to enhance both safety and operational efficiency. Although regulatory hurdles and infrastructure limitations persist, self-driving technology is poised to significantly improve the scalability and accessibility of ride-sharing services—particularly in innovation-driven cities aiming to reduce traffic congestion and promote sustainable mobility solutions.
   
• Electric vehicles have also contributed to the growth of ride sharing fleets in Europe as part of a wider global transition toward sustainability and the growing number of strict emission laws. Many cities in Europe have started to implement low-emission zones, and EV adoption helps ride sharing platforms reduce their carbon footprint. Moreover, government incentives and expanding charging infrastructure are making EVs a cost-effective, eco-friendly choice, aligning both corporate ESG goals and consumer demand for greener transport options.
   
• For example, Bolt has launched a fleet of Tesla electric ride-hailing vehicles across 10 cities in Europe, including Tallinn, Warsaw, Lisbon, Amsterdam, Madrid, Berlin, and Brussels. This move is part of Bolt's commitment to adding more electric vehicles to its platform and becoming a carbon net-zero company by 2040.
   
• AI and machine learning are revolutionizing ride sharing operations in Europe by optimizing route planning, dynamic pricing, and fleet management. These technologies enhance the rider experience through better ETA predictions and personalized service while improving driver allocation efficiency. In a highly competitive market, AI allows platforms to make data-driven decisions that lower costs, improve user satisfaction, and adapt rapidly to changing demand patterns in urban and suburban areas.
   
• Uber's partnership with Momenta to launch robotaxi or autonomous taxis across Europe in 2026 brings together Momenta's autonomous driving technology with Uber's platform to improve ride-hailing service's efficiency and safety through AI and machine.
   

Europe Ride Sharing Market Analysis

Based booking mode, the Europe ride sharing market is divided into online and offline. In 2024, the online segment dominated the market, accounting for around 68% share and is expected to grow at a CAGR of over 5.5% during the forecast period.
 

• The high penetration of smartphones and established internet connectivity throughout Europe have produced app-based ride sharing arrangement (e.g., Uber, Lyft, etc.) as the main consumer transportation booking-style. Consumers are accustomed to using their mobile apps to efficiently book rides for just about any time, place, or need since the ride sharing apps can provide quick regulatory and quality assurances. Typically, ride sharing platforms will have grow-as-you-go user experience with seamless integration for GPS navigation, real-time transportation tracking, and digitally secure payment options.
   
• Many companies, such as Uber, Bolt, and BlaBlaCar, offer apps that are user-friendly, provide real time availability, fare transparency, and driver ratings, which directs more users to online booking. Additionally, these platforms further offer discounts and loyalty programs, which incentivizes the trend away from traditional sources of travel-booking to digital consumption.
   
• For example, in March 2025 Dublin taxi drivers launched an app called "Hola' to compete against larger companies. 'Hola' has chosen to charge drivers USD 1.09 per fare, while Uber and FreeNow have set their tariffs and charge 12% and 15% respectively, on all fares. The owners claim to have acquired close to one thousand drivers. This example illustrates the growing preference of both service providers and consumers for using a digital platform/service over traditional systems.
   
• Moreover, COVID has led to behavioral shifts to digital consumption across all consumer groups. For example, health-conscious riders have a greater preference for digital consumption using scheduled and contactless transactions instead of using casual arrangements to meet drivers in person. It is anticipated the post-pandemic period has increased online booking as the preferred consumption method within the mobility ecosystem.

Based on commute, the Europe ride sharing market is segmented into intracity and intercity. In 2024, the intracity segment dominates the market with 77% of the market share, and the segment is expected to grow at a CAGR of over 5% from 2025 to 2034.
 

• Intracity ride sharing across Europe is booming and is now the most favorable mode of transport, primarily because of the high rate of urbanization and constrained city sizes. In highly populated cities such as Paris, Berlin, and Amsterdam, limited space makes it difficult for many residents to own private vehicles. As a result, shared mobility services have become a practical alternative. Urban residents increasingly rely on ride-hailing services for short, frequent trips especially in situations where public transportation is overcrowded or lacks the convenience of door-to-door service.
   
• Moreover, several European cities often have strict environmental regulations and sustainability targets that favour using intracity ride sharing services. Current initiatives in European cities such as low-emission zones and congestion charges are actively discouraging private vehicle use and encouraging a shift toward more sustainable, shared modes of transportation. Shared mobility services, particularly those utilizing electric or hybrid vehicles, align with local regulations and support broader governmental sustainability goals. These services are often promoted through municipal policies and strategic mobility plans.
   
• For example, BlaBlaCar, a French based platform for carpooling and bus travel, recently announced it has raised USD 115 million in a funding round led by VNV Global with investment from Otiva J/F AB and FMZ Ventures, which will help the company to expand and diversify its multimodal travel services, including the offering of train services. BlaBlaCar is also doubling the size of offered bus network in Europe and purchased the Ukrainian company Octobus to improve their digital ticketing services.
   
• Digital innovation plays an essential role as well. Intracity riders are benefitting from highly optimized mobile applications that provide riders with real-time tracking information, dynamic pricing, and efficient routing. This seamless and technology-enabled experience reinforces intracity ride sharing as a prominent and integral component of the evolving mobility landscape in Europe.
   

Based on propulsion, the Europe ride sharing market is segmented into ICE, CNG/LPG, electric, and others. In 2024, the ICE segment dominates the market by holding a share of 43.5%.
 

• The continued use of internal combustion engine (ICE) vehicles in Europe’s ride sharing market continues to be driven by their established presence and supporting infrastructure. These vehicles have provided an option for operators for a long time due to their low upfront costs, ease of procuring, and the simple nature of ‘operating’ as demonstrated by their fast refueling and supporting level of service. Many fleet managers find that ICE vehicle affordability and familiarity is still often better than ‘newer’ products.
   
• While Europe is certainly moving toward electrification, the use of electric and hybrid vehicles in the ride sharing sector is undergoing gradual adoption. There are certain concerns with EVs such as higher cost vs ICE vehicles, driving range, and the absence of established refueling infrastructure, especially in suburban and rural areas.
   
• For example, the EU Alternative Fuels Observatory reported that the rate of growth in electric vehicle sales declined in the European car market as just 6% growth year-over-year in July 2024 showed a slower-than-anticipated demand for electric vehicles. Additionally, European automotive manufacturers such as Stellantis, Volkswagen and Mercedes-Benz have lost substantial market share struggling to compete with competitors in the electric vehicle segment.
   
• Moreover, a significant portion of the existing ride sharing network in Europe continues to rely on ICE vehicles, which still maintain a considerable market share. In the absence of strong regulatory pressures, substantial financial incentives, and adequately developed infrastructure, ICE vehicles are expected to retain their leading position in the ride sharing sector over the short to medium term.
   

Based on vehicles, the Europe ride sharing market is segmented into cars and motorcycles. In 2024, the car segment dominates the market by holding a share of 65%.
 

• Due to their operational efficiency, scalability, and suitability for urban mobility, cars remain the most widely used vehicle type in the European ride sharing industry. Cars provide the cheapest, most accessible and convenient mode of transport for daily journeys and less frequently for other journeys. Cars offer reliable performance in nearly all weather and road conditions, making them an ideal choice for both passengers and service providers. Their versatility and dependability ensure consistent service delivery across various environments and situations.
   
• Europe has the most urbanized populations who preferred car ride sharing type of the ride share ecosystem. Most cities are already equipped with road networks, traffic management systems, and designated pick-up and drop-off zones that provide the essential infrastructure for car-based operations. Furthermore, regulatory frameworks in cities such as Paris, Berlin, and Amsterdam have increasingly supported the electrification of shared vehicle fleets and the advancement of ride sharing initiatives aligned with broader urban mobility goals.
   
• For example, in October 2024, the European Investment Bank provided USD 37 million to the German startup Vay, to expand its remote-driving technology across Europe to support the commercial rollout of teledriven car-sharing services to improve urban mobility options.

In 2024, the Germany dominated the Western Europe ride sharing market with around 28.9% market share in Western Europe and generated around USD 3.74 billion in revenue.       
                             

• With its large population, strong economy, and largely urbanized regions contribute to a fertile ground for the growth and expansion of ride sharing services. The country's advanced infrastructure, tech-savvy population, and continued favorable regulatory developments only strengthen Germany's position as a central point of innovation and adoption in the European mobility evolution. Cities including Berlin, Hamburg, and Munich have many commuters wanting smart transport alternatives. The country's relatively advanced digital infrastructure and the high penetration of smartphone usage allow for the opportunity to develop ride sharing apps and services.
   
• Germany's significance is also driven by the automotive legacy and emerging automotive ecosystem of innovation. Being the home of established global car brands BMW, Mercedes-Benz, and Volkswagen, Germany has the leading position in Europe for developing ride sharing mobility and services that are centered on electric and autonomous vehicle infrastructure.
   
• Germany’s ride sharing is influenced by enhanced push for sustainability and climate-change goals that promote shared, lower-emission transport options. Expanding ride sharing market where the government incentives, policies around green mobility, and funding related to smart city projects all help to promote the growth of these ride sharing services.
   
• For example, in October 2024, German remote-driving start-up Vay received USD 37 million from the European Investment Bank (EIB) to expand its remote-driving vehicle technology across Europe to support Vay to develop commercially workable remote-driving vehicles in key cities such as Hamburg and cooperatives with car-share providers such as Poppy.
   

The Europe ride sharing market in UK is expected to experience significant and promising growth from 2025 to 2034.
 

• Backed by UK large urban population, advanced digital infrastructure, and early adoption of mobility technologies. Major urban areas (cities) within the UK have adopted or accepted ride sharing services, alongside public transport systems, to allow users to travel within areas as alternatives to public transport or personal vehicles. Persistent operators like Uber, Bolt and Free Now have dramatically facilitated sector scale.
   
• Government support has provided a clear path for growth in the British ride hailing market. Policies promoting electric vehicle (EV) uptake, investment into EV charging infrastructure, broader sustainability targets enabling ride-hailing companies to explore electric fleet integration. The UK’s “Net Zero” strategy launches has helped shape an encouraging regulatory framework for shared mobility services to operate.
   
• The changing behaviors of consumers are also helping expand the ride-hailing market. British users’ preference for on-demand, app-based transport is affordable and convenient. This type of demand represents further innovation and consolidation of the ride-hailing market in the UK.
   
• For example, the UK government announced a USD 159.66 million fund to support drivers, businesses, and taxi operators converting to zero-emission vehicles. The program includes grants of up to USD 6,652 for electric vans and USD 5,322 for electric taxis to make it more feasible for everyone to switch on cleaner vehicles across the country.
   

The Europe ride sharing market in France is expected to experience significant and promising growth from 2025 to 2034.
 

• French consumers are turning to ride sharing for their cost savings and positive environmental impact. Platforms such as BlaBlaCar and Uber offer opportunities for ride sharing, which include anything from carpooling to bike pooling, and is an attractive option for students, day-to-day commuters, and travelers. Mobile application convenience and the option to select pick-up and drop-off spots are attractive to users and represent ride sharing popularity compared to traditional transportation.
   
• For example, in December 2022, the French government announced a USD 165 million investment to promote carpooling in France. This included a bonus of USD 114 for new drivers after taking ten rides sharing trips with approved operators. This initiative also contributed an additional USD 57 million to municipalities to help them build carpooling infrastructure items, such as the development of designated lanes and parking lots. Their goal is for France to increase to three million daily carpooling trips.
   
• The integration of dynamic subscription models and real-time ride matching algorithms has revolutionized the ride sharing landscape in France. These technologies allow users to book rides on-demand, improving efficiency and reducing waiting times. Additionally, ride sharing providers partnerships with electric vehicle charging networks and the implementation of electric vehicles by ride-hailing companies are demonstrating to consumers a true commitment to sustainability and innovation in the ride sharing sector.
   
• The ride sharing market in France is impacted by a strong regulatory environment as its operating framework applies to both French and European Union level policies. The platforms must consider regulations on data privacy, labor issues, as well as local requirements on providing transportation services. Although these regulations exist to protect consumers and create safer and fairer ways to provide transportation services, they can also create burdens that come with each company's unique regulatory environment, as compliance must be met to remain competitive.
   

Europe Ride Sharing Market Share

• Top 7 companies of the Europe ride sharing industry are BlaBlaCar, Bolt, Cabify, inDrive, Lyft, Uber, and Wheely, around 17% of the market in 2024.
   
• BlaBlaCar operates long-distance carpooling and intercity sharing in Europe, with ambitions to expand to bus services through BlaBlaBus, as well as expand its multimodal travel options. The company emphasizes affordability, community trust, and environmentally friendly travel; this accounts for non-urban users, and BlaBlaCar capitalizes on artificial intelligence to ensure successful, low-cost matching of riders and drivers while increasing accessibility and affordability of non-urban travel.
   
• Bolt’s European strategy centers on affordability and rapid market expansion. It adds to this mobility ecosystem with ride hail, electric scooter and bike rentals, and car rentals to provide options for sustainable forms of transportation. Bolt has employed local operations in every published market to navigate regulatory factors and has invested in driver incentives to sustain supply, as well as focusing on eco-friendly riders with their "Green" ride option and carbon offset programs.
   
• Cabify is continuing to focus on markets where regulatory compliance is stricter, especially Spain and Latin America but also maintains an operational strategy in Europe through regulated 'premium' ride hailing services. Cabify's differentiators include driver practices that are ethical, pricing transparency, and partnerships with EV providers. Cabify is maturing on its commitment to have a fully electric fleet in Spain by 2025, reflecting its position in sustainability.
   
• inDrive operates a peer-to-peer pricing model. It allows riders and drivers to negotiate the fare personally. They are focused on affordability and fairness and keeping commissions low. inDrive focuses on price-sensitive markets, in Eastern and Central Europe. However, it boasts an emphasis on promoting the autonomy of drivers, and on fast regional expansion.
   
• Lyft has recently stepped into the European ride sharing market through its acquisition of Free Now, with the goal of expanding its presence in Europe using Free Now’s existing structure in that market. It is the first step toward introducing its technology and efficiencies of its platform into the European market. Lyft will also develop its focus on electrification, safety, and integrate its subscriptions and multi-modal services for urban mobility ecosystems.
   
• Uber continues to be the leader in the ride sharing market through scale and investment in technology. Its European strategy is based on a diversified service offering (e.g., Uber Green, Uber Reserve, bike/scooter rentals) and deeper integration into local public transport networks. Uber leverages partnerships with cities to meet regulatory requirements and invests heavily in EV transition. Furthermore, Uber is focused on premium and flexible ride options to capture as many user segments as possible.
   
• Wheely focuses on the luxury market, providing chauffeur-driven rides in premium vehicles with privacy and service quality as key differentiators. Wheely's strategy focuses on providing premium chauffeur services for high- earning urban professionals in cities like London and Paris. Wheely's main differentiators include exclusivity, recognized personalized service, and high safety and comprehensive standards. Furthermore, Wheely limits their vehicle fleet and trains drivers to higher standards to be positioned as the "Uber Black" of Europe.
   

Europe Ride Sharing Market Companies

Major players operating in the Europe ride sharing industry are:

• BlaBlaCar
• Bolt
• Cabify
• Gett
• inDrive
• Lyft
• Ubeeqo
• Uber
• Wheely
   

European ride sharing companies are increasingly integrating into public transportation systems to offer an integrated mobility solution. They are collaborating alongside public authorities and transport companies to ensure a seamless door-to-door user journey. Ride-sharing is being integrated as part of transport strategies which incorporate a public transport option as a component of a singular mobility ecosystem that promotes a multi-modal approach within the transport system and responds to sustainability and congestions challenges facing urban cities.
 

Sustainability is an important area of strategic importance. Companies in ride sharing are looking at their fleet options and are utilizing the electric vehicle (EV) and/or low-emission vehicle approach to meet EU decarbonization targets. In fact, many companies are investing extensively in EV infrastructure, utilizing grants, and complying with the European Green Deal. This commitment to adopting an eco-friendly strategy creates a positive impact on brand reputation and responds to the expectations of environmentally conscious consumers while simultaneously complying with stricter emission regulations and low-emission zone laws in various European cities.
 

Companies are now employing extensive AI and data analytics to optimize pricing and network predictions while forecasting demand - this has led the potential to re-shape ride sharing industry. Operations such as real-time-ride-matching, predictive maintenance, and user behavior are central to improving operational efficiencies, as are user safety considerations when considering and utilizing technology. Companies support user safety via in-app safety features, criminal record check requests for driver screening, face recognition programs, live GPS tracking, trip witnessing, etc.
 

In addition to placing a priority on user safety, ride sharing companies are continuing to advance the types of technological solutions they are able to incorporate into their business models and systems to remain competitive in a crowded marketplace. Innovation not only improves the user experience but supports higher adoption rates and long-term consumer loyalty as well.
 

Europe Ride Sharing Industry News

• In May 2025, Baidu is getting ready to test out its autonomous ride hailing service, Apollo Go, in Europe for the first time. Baidu is still engaging with local regulators and partners on being able to expand out of China that aligns with its beliefs around growing robotaxi services internationally.
   
• In April 2025, Lyft announced the acquisition of the European mobility platform FreeNow from BMW and Mercedes-Benz, for USD 197 million, in what was Lyft's first major step toward international expansion. FreeNow currently operates in more than 150 cities across nine countries in Europe including the UK, Germany and France, etc. The taxi-centric option made available to users on its FreeNow platform was a good fit with Lyft's overall strategy to diversify its offerings and compete against Uber globally.
   
• In February 2025, Uber rolled out "Uber Ski", for seven countries in Europe: France, Switzerland, Austria, Germany, Poland, Spain and Sweden. Uber Ski connects winter guests searching for transfer options to ski resorts, offering fixed price rides starting at USD 53 to over 90 ski resorts with vehicles equipped for winter gear. With guest demand at an all-time high with ski resorts, Uber Ski is accommodating guests with journey flexibility and convenience from major transportation hubs directly to alpine resorts with some hosts offering more to cater to skiers and snowboarders.
   
• In April 2024, Uber stated that it intends to expand into Swansea, South Wales, and Stockton, North East England in the UK. The growth is a strategic relaunch of Uber's activity in UK towns after terminating its Local Car scheme in late 2023. Uber stated that strong local demand contributed to the relaunch, with 4,500 residents in Stockton and 4,000 in Swansea using the Uber app seven times a week, suggesting that these were untapped areas for regional ride sharing activity.
   
• In December 2023, Liftango, a leading provider of on-demand shared transport solutions, launched one of the UK’s largest B2B car-sharing networks. The initiative targeted corporate clients, offering a custom platform under the ‘My Journey Workplaces’ program. This solution includes tailored dashboards for usage analytics, carbon emission tracking, and fleet management, supporting sustainability goals by reducing single-occupancy vehicle use and promoting shared mobility in business environments.
   

The Europe ride sharing market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) and fleet size (Unit) from 2021 to 2034, for the following segments:

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Market, By Business Model

• Peer-to-Peer (P2P)
• Business-to-Business (B2B)
• Business-to-Customer (B2C)

Market, By Propulsion

• ICE
• CNG/LPG
• Electric Vehicles

Market, By Booking Mode

• Online
• Offline

Market, By Commute

• Intracity
• Intercity

Market, By Vehicle

• Car
• Motorcycle

The above information is provided for the following regions and countries:

• Western Europe
  • Germany
  • Austria
  • France
  • Switzerland
  • Belgium
  • Luxembourg
  • Netherlands
  • Portugal
• Eastern Europe
  • Poland
  • Romania
  • Czechia
  • Slovenia
  • Hungary
  • Bulgaria
  • Slovakia
  • Croatia
• Northern Europe
  • UK
  • Denmark
  • Sweden
  • Finland
  • Norway
• Southern Europe
  • Italy
  • Spain
  • Greece
  • Bosnia and Herzegovina
  • Albania