Shared mobility market size is valued at USD 1,180.03 billion by 2028 and is expected to grow at a compound annual growth rate of 25.18% over the forecast period of 2021 to 2028. Shared mobility is a type of a commuting service in which organizations give commercial vehicles for commuting from one place to another. The owners of a variety of commercial vehicles offer their fleet of vehicles to an organization which then provides these vehicles for ride sharing, hiring and mobility.