and is now an international phenomenon. The 2024 global market size for car sharing was valued at US$ 4.7 billion to 8.9 billion. Car sharing is growing: projections of the 2033 global market size range from US$14.3 to 24.4 billion. Europe was the global car sharing leader in 2024, with the highest adoption and market share at 38%. Emerging markets include Latin America, the Middle East and Africa, driven by demographic trends, economic development, and regulatory change.

Car sharing has been shown to lower car ownership and usage. Car