You're contacting media contact of this press release
Title: US Vehicle Subscription Services Market Expected to Grow at 14.6 Percent CAGR, Reaching USD 5.07 Billion by 2030
Pune, Maharashtra, India, 18th Feb 2026 - The United States Vehicle Subscription Services Market is entering a strong growth phase as consumers increasingly prioritize flexibility over traditional vehicle ownership. Mark & Spark Solutions' latest strategic analysis projects that the market will grow from approximately USD 1.81 billion in 2023 to USD 5.07 billion by 2030. This represents a robust compound annual growth rate (CAGR) of 14.6% during the forecast period.This growth indicates a structural shift in automotive consumption patterns, as recurring-revenue mobility models are complementing traditional vehicle purchase and leasing models.Access the full report here:https://marksparksolutions.com/reports/us-vehicle-subscription-services-marketTransition from Ownership to Flexible Mobility ModelsFor decades, owning a car has represented a long-term financial commitment and the accumulation of personal assets. However, factors such as rising interest rates, economic uncertainty, and a shift toward digital-first consumer behaviors are reshaping how Americans view vehicle access.Vehicle subscription services offer bundled monthly packages that typically include insurance, maintenance, roadside assistance, registration, and flexible vehicle swaps. This straightforward pricing structure alleviates concerns over depreciation, resale value, and long-term loan commitments.Younger generations, particularly Millennials and Gen Z, are driving the adoption of these services. Their preference for usage-based access reflects trends observed in streaming services, software-as-a-service (SaaS) platforms, and other subscription-based industries. Rather than owning vehicles for extended periods, consumers are seeking adaptable mobility solutions that align with their changing lifes...
This press release is issued by King Newswire