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    US Smart Mobility Market

    ID: MRFR/AM/12988-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US Smart Mobility Market Research Report By Element (Bike Commuting, Car Sharing, Ride Sharing) - Forecast to 2035

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    US Smart Mobility Market Infographic
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    US Smart Mobility Market Summary

    As per MRFR analysis, the US smart mobility market Size was estimated at 10.8 USD Billion in 2024. The US smart mobility market is projected to grow from 12.96 USD Billion in 2025 to 80.2 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 19.99% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US smart mobility market is experiencing transformative growth driven by technological advancements and changing consumer preferences.

    • The rise of electric vehicles is reshaping the transportation landscape, with a notable increase in adoption rates.
    • Integration of autonomous technologies is enhancing safety and efficiency in urban mobility solutions.
    • Shared mobility solutions are expanding rapidly, catering to the growing demand for flexible transportation options.
    • Government initiatives and funding, alongside environmental concerns, are key drivers propelling the market forward.

    Market Size & Forecast

    2024 Market Size 10.8 (USD Billion)
    2035 Market Size 80.2 (USD Billion)

    Major Players

    Tesla (US), Waymo (US), Uber (US), Daimler (DE), BMW (DE), Ford (US), Volkswagen (DE), Toyota (JP), Nissan (JP)

    US Smart Mobility Market Trends

    The smart mobility market is currently experiencing a transformative phase, driven by advancements in technology and a growing emphasis on sustainability. Innovations in electric vehicles, autonomous driving, and shared mobility solutions are reshaping urban transportation. As cities strive to reduce congestion and emissions, the integration of smart technologies into transportation systems appears to be a priority. This shift not only enhances efficiency but also improves the overall user experience, making mobility more accessible and convenient for all. Furthermore, government initiatives aimed at promoting clean energy and reducing carbon footprints are likely to accelerate the adoption of smart mobility solutions. In addition, the increasing urbanization in the US is influencing the dynamics of the smart mobility market. As more individuals migrate to urban areas, the demand for efficient and sustainable transportation options intensifies. Public-private partnerships are emerging as a viable strategy to develop infrastructure that supports smart mobility initiatives. These collaborations may facilitate the deployment of smart traffic management systems, electric vehicle charging stations, and integrated public transport solutions. Overall, the smart mobility market is poised for significant growth, driven by technological advancements and a collective commitment to sustainable urban development.

    Rise of Electric Vehicles

    The transition to electric vehicles is a prominent trend within the smart mobility market. With increasing environmental concerns, consumers and manufacturers are prioritizing electric options. Government incentives and regulations are further encouraging this shift, leading to a surge in electric vehicle adoption.

    Integration of Autonomous Technologies

    The incorporation of autonomous technologies is reshaping the landscape of transportation. Companies are investing in research and development to enhance self-driving capabilities. This trend suggests a future where autonomous vehicles could significantly reduce traffic accidents and improve traffic flow.

    Expansion of Shared Mobility Solutions

    Shared mobility solutions are gaining traction as urban populations grow. Services such as ride-sharing and car-sharing are becoming more popular, offering convenient alternatives to traditional vehicle ownership. This trend indicates a shift towards more sustainable transportation practices.

    US Smart Mobility Market Drivers

    Government Initiatives and Funding

    The smart mobility market in the US is experiencing a surge in government initiatives aimed at enhancing transportation infrastructure. Federal and state governments are allocating substantial funding to support projects that promote smart mobility solutions. For instance, the Infrastructure Investment and Jobs Act has earmarked billions of dollars for modernizing transportation systems, which includes investments in smart traffic management and electric vehicle charging stations. This financial backing is likely to accelerate the adoption of innovative mobility solutions, thereby fostering growth in the smart mobility market. Furthermore, local governments are increasingly collaborating with private sector players to implement smart city projects, which could further enhance the efficiency and sustainability of urban transportation.

    Urbanization and Population Growth

    The ongoing trend of urbanization in the US is significantly impacting the smart mobility market. As more individuals migrate to urban areas, the demand for efficient and sustainable transportation solutions intensifies. According to the US Census Bureau, urban areas are projected to house approximately 90% of the population by 2050. This demographic shift necessitates the development of smart mobility solutions that can alleviate congestion and reduce emissions. Consequently, cities are investing in smart public transportation systems, integrated mobility platforms, and infrastructure that supports electric and shared vehicles. The increasing population density in urban centers is likely to drive innovation and investment in the smart mobility market, as stakeholders seek to address the challenges posed by urban growth.

    Environmental Concerns and Sustainability

    Growing environmental concerns are increasingly influencing the smart mobility market in the US. As awareness of climate change and air pollution rises, there is a pressing need for sustainable transportation solutions. The smart mobility market is responding to this demand by promoting electric vehicles, shared mobility options, and public transportation systems that reduce carbon footprints. According to the Environmental Protection Agency, transportation accounts for nearly 29% of greenhouse gas emissions in the US, highlighting the urgency for cleaner alternatives. Consequently, stakeholders in the smart mobility market are likely to invest in technologies and infrastructure that support sustainable practices, aligning with broader environmental goals and regulations.

    Technological Advancements in Connectivity

    Technological advancements in connectivity are playing a pivotal role in shaping the smart mobility market in the US. The proliferation of 5G technology is enhancing communication between vehicles, infrastructure, and users, thereby enabling real-time data exchange. This connectivity facilitates the development of intelligent transportation systems that optimize traffic flow and improve safety. Moreover, the integration of Internet of Things (IoT) devices in vehicles and infrastructure is providing valuable insights into mobility patterns, which can inform urban planning and policy decisions. As these technologies continue to evolve, they are expected to drive the growth of the smart mobility market by enabling more efficient and responsive transportation solutions.

    Consumer Demand for Convenience and Efficiency

    Consumer preferences are shifting towards convenience and efficiency, which is significantly impacting the smart mobility market in the US. As individuals seek seamless and user-friendly transportation options, there is a growing demand for integrated mobility solutions that combine various modes of transport. This trend is evident in the rise of mobile applications that facilitate ride-sharing, public transit access, and real-time information on transportation options. Additionally, consumers are increasingly favoring electric and shared vehicles as they offer cost-effective and environmentally friendly alternatives. The smart mobility market is likely to evolve in response to these changing consumer expectations, leading to the development of innovative solutions that enhance the overall mobility experience.

    Market Segment Insights

    By Type: Integrated Mobility Platforms (Largest) vs. Mobility as a Service (Fastest-Growing)

    The US smart mobility market comprises various segment values, with Integrated Mobility Platforms currently leading in market share. This segment plays a pivotal role in enhancing user experience by integrating various transportation modes into a cohesive platform, allowing seamless transitions between them. Meanwhile, Mobility as a Service is rapidly gaining traction as consumers increasingly favor subscription-based models that grant access to multiple transport options without the need for ownership. The growth trends within the smart mobility segment are propelled by technological advancements and urbanization. The rise of smart cities and the increasing focus on sustainable transportation solutions are key drivers. Furthermore, connected technologies and real-time data analytics are enhancing the capabilities of traffic management systems, significantly optimizing urban mobility networks and fostering continuous innovation.

    Integrated Mobility Platforms (Dominant) vs. Mobility as a Service (Emerging)

    Integrated Mobility Platforms stand out as the dominant force in the US smart mobility market, characterized by their ability to combine various transportation services into a single accessible interface. These platforms improve user engagement by providing a smooth transit experience and enabling effective resource allocation. In contrast, Mobility as a Service is emerging robustly, driven by changing consumer preferences towards flexibility and convenience. This segment empowers users to access transportation modes on-demand, reducing reliance on personal vehicles while promoting sustainable practices. Together, these segments highlight the evolving dynamics of the mobility landscape, reflecting a shift towards integrated and user-centric transportation solutions.

    By Transport Mode: Public Transport (Largest) vs. Electric Vehicles (Fastest-Growing)

    In the US smart mobility market, Public Transport dominates as the largest segment, capturing a significant share due to its extensive network and accessibility. This mode is heavily utilized in urban areas, driven by the need for efficient, low-cost commuting options. Conversely, Electric Vehicles are emerging strongly, appealing to environmentally conscious consumers and benefiting from government incentives, positioning themselves as a vital element in the transition toward sustainable transport solutions. Growth trends in the US smart mobility market indicate a clear shift towards Electric Vehicles, which are rapidly gaining traction as technology improves and costs decrease. Factors such as rising fuel prices and increasing environmental awareness are propelling the demand for cleaner transport alternatives. In contrast, Public Transport continues to thrive, bolstered by urbanization and investments in infrastructure, ensuring that it remains a staple for daily commuters while adapting to innovations that enhance user experience.

    Public Transport (Dominant) vs. Electric Vehicles (Emerging)

    Public Transport stands as the dominant force in the US smart mobility market, characterized by a robust infrastructure that connects diverse urban areas. It caters to a wide range of users, offering economical travel options that accommodate daily commuters and low-income populations. Furthermore, it plays a crucial role in reducing traffic congestion and lowering emissions. In juxtaposition, Electric Vehicles represent the emerging trend in this market, characterized by advanced technology and growing consumer interest. These vehicles are increasingly seen as a viable alternative to traditional fuel-powered cars, highlighted by innovations in battery technology and a wider charging network. The competitive landscape is poised for change, with Electric Vehicles set to challenge the traditional dominance of Public Transport in the coming years.

    By End User: Government (Largest) vs. Transportation Service Providers (Fastest-Growing)

    The US smart mobility market is characterized by a diverse range of end users, including Government, Transportation Service Providers, Fleet Operators, Corporate, and Individuals. Among these, Government entities hold the largest share, playing a crucial role in shaping policies and funding initiatives aimed at enhancing mobility solutions. Transportation Service Providers are gaining traction, leveraging innovative technologies and customer demand to transform urban transport systems, thereby growing their market share significantly over the last few years. Growth trends within the end-user segment are largely driven by transformations in public transport and rising investments in sustainable mobility solutions. Government initiatives focused on regulating emissions and incentivizing electric vehicles further bolster the segment. Meanwhile, transportation service providers are swiftly adapting to evolving consumer preferences for on-demand services, contributing to their status as the fastest-growing category within this dynamic landscape.

    Government (Dominant) vs. Transportation Service Providers (Emerging)

    Government entities are recognized as the dominant force within the US smart mobility market, primarily due to their authority to implement regulations and invest in public transportation infrastructure. Their initiatives often emphasize sustainability, reliability, and accessibility, positioning them as key stakeholders in the transition towards smarter mobility solutions. Conversely, Transportation Service Providers, categorized as emerging players, are rapidly adapting to the changing market landscape, implementing innovative technologies such as ride-sharing platforms and autonomous vehicles. These providers are becoming increasingly integral to urban mobility, driven by consumer demand for more flexible and efficient transport options, which underscores their growth potential in the coming years.

    By Technology: Artificial Intelligence (Largest) vs. Internet of Things (Fastest-Growing)

    In the US smart mobility market, Artificial Intelligence holds the largest market share among the technology segment values, driven by its applications in predictive analytics and autonomous systems. The Internet of Things follows closely, rapidly gaining traction as more devices and vehicles are interconnected, enhancing efficiency and user experience. The market is characterized by a competitive landscape where companies leverage these technologies to innovate and differentiate their offerings. Growth in this segment is primarily fueled by increasing consumer demand for smart technologies and the need for improved traffic management solutions. Artificial Intelligence is expected to sustain its dominance due to continuous advancements in machine learning and data analysis. Meanwhile, IoT is emerging as a critical enabler of smart mobility initiatives, integrating various technologies into cohesive systems that enhance mobility and transportation efficiency, making it the fastest-growing area within this segment.

    Artificial Intelligence (Dominant) vs. Internet of Things (Emerging)

    Artificial Intelligence stands as the dominant force in the technology segment of the US smart mobility market, utilized extensively in developing sophisticated algorithms for traffic optimization, predictive maintenance, and real-time decision-making. Its capabilities not only enhance operational efficiencies but also contribute to safer transportation systems. In contrast, the Internet of Things is the emerging player, revolutionizing the mobility landscape with its ability to connect vehicles, infrastructure, and users. This connectivity enables smarter route planning and real-time data sharing, addressing urban mobility challenges and driving innovations in ride-sharing and fleet management. As the two technologies converge, their synergy is expected to unlock new possibilities in smart mobility.

    Get more detailed insights about US Smart Mobility Market

    Key Players and Competitive Insights

    The smart mobility market is currently characterized by a dynamic competitive landscape, driven by technological advancements and a growing emphasis on sustainability. Key players such as Tesla (US), Waymo (US), and Ford (US) are at the forefront, each adopting distinct strategies to enhance their market positioning. Tesla (US) continues to innovate with its electric vehicle (EV) technology, focusing on autonomous driving capabilities and expanding its charging infrastructure. Meanwhile, Waymo (US) is concentrating on developing its autonomous ride-hailing services, leveraging partnerships with various automotive manufacturers to enhance its operational reach. Ford (US) is actively pursuing a strategy of electrification and smart vehicle integration, aiming to capture a larger share of the urban mobility segment. Collectively, these strategies indicate a shift towards a more integrated and technologically advanced mobility ecosystem.

    In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The competitive structure of the market appears moderately fragmented, with several players vying for dominance. However, the influence of major companies like Tesla (US) and Waymo (US) is substantial, as they set benchmarks for innovation and operational excellence that smaller firms strive to emulate.

    In October 2025, Tesla (US) announced the launch of its new autonomous delivery service, which aims to leverage its existing fleet of vehicles for logistics purposes. This strategic move not only diversifies Tesla's service offerings but also positions the company to capitalize on the growing demand for last-mile delivery solutions. The integration of autonomous technology into logistics could potentially streamline operations and reduce costs, thereby enhancing Tesla's competitive edge in the smart mobility sector.

    In September 2025, Waymo (US) expanded its partnership with a major ride-hailing platform, allowing for the integration of its autonomous vehicles into the platform's existing fleet. This collaboration is significant as it enhances Waymo's operational footprint and provides a broader audience access to its autonomous technology. The partnership may also facilitate data sharing, which could improve the efficiency and safety of autonomous rides, thereby reinforcing Waymo's leadership position in the market.

    In August 2025, Ford (US) unveiled its ambitious plan to invest $1 billion in developing smart city solutions, focusing on connected vehicle technology and urban mobility initiatives. This investment underscores Ford's commitment to innovation and its recognition of the importance of smart infrastructure in enhancing urban mobility. By positioning itself as a leader in smart city solutions, Ford aims to differentiate itself from competitors and align with the growing trend towards sustainable urban development.

    As of November 2025, the competitive trends in the smart mobility market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI). Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing service offerings. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to innovate and adapt to changing consumer demands.

    Key Companies in the US Smart Mobility Market market include

    Industry Developments

    The US Smart Mobility Market is witnessing significant developments with companies like Aurora Innovation, Zoox, and Waymo enhancing their autonomous vehicle technologies. In October 2023, Tesla announced upgrades to their Autopilot system, aiming to improve safety and efficiency, while Ford Motor Company has expanded its electric vehicle portfolio, reinforcing its commitment to sustainable transportation. June 2023 saw Rivian Automotive successfully lowering vehicle production costs, which has positively impacted market valuations. Notably, in August 2023, General Motors' acquisition of a software firm focused on electric vehicles signified a strategic push towards integrating smart mobility solutions.

    ChargePoint and Volta Charging continue to influence the growth of electric vehicle infrastructure across the US, supporting the growing demand for charging stations coinciding with rising electric vehicle sales. In the realm of transportation services, Uber Technologies and Lyft are enhancing ride-sharing options while entering partnerships to promote shared mobility solutions. Additionally, in March 2022, Postmates, a subsidiary of Uber, expanded its delivery services for local businesses, reflecting a trend towards integrated mobility services. The interplay of these developments is reshaping the transportation landscape in the US, fostering innovation and competition in the Smart Mobility sector.

    Future Outlook

    US Smart Mobility Market Future Outlook

    The smart mobility market is projected to grow at a 19.99% CAGR from 2024 to 2035, driven by technological advancements, urbanization, and sustainability initiatives.

    New opportunities lie in:

    • Development of integrated mobility-as-a-service platforms
    • Investment in autonomous vehicle infrastructure
    • Expansion of electric vehicle charging networks

    By 2035, the smart mobility market is expected to achieve substantial growth and innovation.

    Market Segmentation

    US Smart Mobility Market Type Outlook

    • Integrated Mobility Platforms
    • Smart Transportation Solutions
    • Connected Vehicle Solutions
    • Mobility as a Service
    • Traffic Management Systems

    US Smart Mobility Market End User Outlook

    • Government
    • Transportation Service Providers
    • Fleet Operators
    • Corporate
    • Individuals

    US Smart Mobility Market Technology Outlook

    • Internet of Things
    • Artificial Intelligence
    • Blockchain
    • Big Data Analytics
    • Cloud Computing

    US Smart Mobility Market Transport Mode Outlook

    • Public Transport
    • Private Transport
    • Shared Mobility
    • Electric Vehicles
    • Rail Transport

    Report Scope

    MARKET SIZE 2024 10.8(USD Billion)
    MARKET SIZE 2025 12.96(USD Billion)
    MARKET SIZE 2035 80.2(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 19.99% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Tesla (US), Waymo (US), Uber (US), Daimler (DE), BMW (DE), Ford (US), Volkswagen (DE), Toyota (JP), Nissan (JP)
    Segments Covered Type, Transport Mode, End User, Technology
    Key Market Opportunities Integration of autonomous vehicles with smart infrastructure enhances urban mobility efficiency and sustainability.
    Key Market Dynamics Technological advancements and regulatory shifts drive innovation and competition in the smart mobility market.
    Countries Covered US

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    FAQs

    What is the projected market size of the US Smart Mobility Market in 2024?

    The US Smart Mobility Market is expected to be valued at 22.67 billion USD in 2024.

    What will be the estimated market size of the US Smart Mobility Market by 2035?

    By 2035, the market is anticipated to reach a value of 60.0 billion USD.

    What is the expected CAGR for the US Smart Mobility Market from 2025 to 2035?

    The US Smart Mobility Market is projected to grow at a CAGR of 9.253% from 2025 to 2035.

    Which segment of the US Smart Mobility Market has the largest expected value in 2024?

    Ride Sharing is expected to have the largest value at 10.17 billion USD in 2024.

    How much is the Car Sharing segment forecasted to be worth by 2035?

    The Car Sharing segment is forecasted to reach 21.0 billion USD by 2035.

    Who are the key players in the US Smart Mobility Market?

    Key players include Tesla, Waymo, Uber, Lyft, and Ford Motor Company among others.

    What is the expected value of the Bike Commuting segment in 2035?

    The Bike Commuting segment is expected to be valued at 12.0 billion USD by 2035.

    What growth opportunities exist in the US Smart Mobility Market?

    Emerging trends include increased urbanization and technological advancements driving smart mobility solutions.

    What challenges does the US Smart Mobility Market face?

    Key challenges include regulatory hurdles and the need for substantial infrastructure investment.

    How does the ride-sharing segment compare to other segments in market size in 2024?

    In 2024, the ride-sharing segment is valued at 10.17 billion USD, outperforming bike commuting and car sharing segments.

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