Bike Sharing Market Forecast 2025–2035: How Urban Mobility and Sustainability Are Driving Shared Cycling Growth
The global bike sharing market is experiencing explosive growth, driven by increasing urbanization and the growing demand for sustainable urban mobility solutions. According to Global Market Insights, the global bike and scooter rental market size was estimated at USD 7.1 billion in 2025 and is projected to grow from USD 8.4 billion in 2026 to USD 27.6 billion by 2035, exhibiting a compound annual growth rate of 14.1% during the forecast period. More than 56% of the world's population currently lives in urban areas, resulting in increased reliance on shared mobility. According to McKinsey & Company, there are currently over 20 billion shared micro-mobility trips annually worldwide, driven by affordability, ease of use, and consumer preference for short-distance travel under 5 km. As cities continue to prioritize sustainable transportation, the bike sharing market will remain a vital component of urban mobility infrastructure.
The competitive landscape of the bike sharing market includes major players such as JobRad, BLS (Bikeleasing), Company Bike, Cooltra, and Swapfiets. The market is currently experiencing a transformative phase driven by the expansion of corporate and employee leasing programs. JobRad led the market with over 10.6% market share in 2025, and the top five companies collectively held 16.2% market share. The vehicle fleet in the market was estimated at 3.3 million units in 2025 and is projected to expand from 3.8 million units in 2026 to 8.9 million units by 2035, at a CAGR of 9.9%. The growing demand for flexible short-term transportation, expansion of tourism and leisure activities, and corporate leasing programs are key drivers. As the urban transportation industry continues to evolve, the bicycle sharing services market will remain a critical component of sustainable mobility.
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