Charging as a Service Market Size, Share, Trends & Analysis by 2035

The global charging as a service market is projected to grow from USD 165.9 million in 2025 to USD 2,135.0 million by 2035 at a CAGR of 29.1% during the forecast period. As EV adoption accelerates, fleet operators face significant challenges in development and management of charging infrastructure. Charging as a Service has emerged as a strategic solution to address these challenges by shifting the responsibility of infrastructure development and maintenance to specialized providers. It allows businesses to access and manage EV charging without ownership which reduces the upfront investment while ensuring reliability and scalability. Charging as a service Providers handle infrastructure planning, permitting, installation, and ongoing operations, including monitoring, repairs, and energy optimization through a Charge Management System. The model converts capital expenditure into a predictable operational expense, offering sflexible pricing structures such as pay-per-use or subscription-based plans. It also eliminates the technical and financial barriers to simplify fleet electrification, and allows businesses to focus on core operations while ensuring long-term efficiency and sustainability.

The expansion of public charging networks is essential for long-distance travel, fleet electrification, and urban charging solutions for users without home or workplace charging access. are the stations are accessible to all EV users, typically found in high-traffic locations such as highways, urban centers, and transit hubs. The developed markets such as North America, Europe, and parts of Asia have seen significant growth in public charging networks, facilitated by growing charger utilization, increasing profitability of charging business models, and viability of setting up public charging stations with Charging as a Service. The key drivers behind the expansion of public charging infrastructure include government-backed investments, rising EV adoption rates, and the necessity for fast charging along highways and urban centers. Government initiatives such as the U.S. NEVI program and the EU's Alternative Fuels Infrastructure Regulation mandate the installation of fast chargers at strategic locations. Additionally, the growing consumer base for EVs has increased demand for reliable and high-speed charging infrastructure, further incentivizing investment in this sector. The market is supported by the expansion of key fast-charging networks such as Tesla Supercharger, Ionity, Electrify America, and EVgo. Tesla's Supercharger network leads in high-efficiency deployment, offering up to 350 kW charging, while Ionity is expanding its 350 kW stations across European highways. Electrify America continues to scale its ultra-fast charging footprint in the U.S., and EVgo is focusing on urban charging hubs to address inner-city demand.

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Asia Pacific is projected to be the largest market for charging as a service market, with China South Korea, Japan and India, leading the market during the forecast period. This growth can be attributed to government incentives, rising EV adoption, urbanization, private sector investments, technological advancements, and grid modernization with renewable integration. Leading Charging as service providers are driving EV charging infrastructure expansion across major markets. In Japan, ENECHANGE, Toyota Connected, PLUGO, and Mitsubishi provide smart and accessible charging solutions. Also, Nissan collaborates with Better Place to expand EV charging access in cities like Yokohama. In China, Xiaomi partners with NIO, XPeng, and Li Auto to provide charging access, while CATL plans to establish over 1,000 battery-swapping stations. In India, Tata Power EZ Charge, Statiq, Jio-bp Pulse, and ChargeZone are rapidly deploying fast-charging networks with app-based services. In China, TELD, Star Charge, State Grid, and Xiaoju Charging operate extensive networks to support the country’s vast EV market. In South Korea, KEPCO, Evar, Charzin, and GS Caltex are enhancing nationwide coverage with smart charging solutions, reinforcing the country’s push for EV adoption. Governments in the region are promoting the EV charging infrastructure and fleet electrification and assisting key OEMs like as BYD, BYD, Yutong, King Long, and Foton in China; Hino Motors, Toyota, and BYD Japan in Japan; Hyundai Motor and Edison Motors in South Korea; and Tata Motors, Ashok Leyland, JBM Auto, and Olectra Greentech in India. 

Europe is expected to be the second-largest market during the forecast period. This growth rate can be attributed to the rapidly evolving ecosystem driven by infrastructure expansion and subscription-based models. Leading local charging service providers such as Allego, Wallbox, ChargePoint, Compleo, Blink, and Efacec are investing in new charging networks, high-power charging corridors, and innovative subscription plans to enhance accessibility.  Engie offers turnkey EV charging solutions with no upfront investment, covering installation, maintenance, and energy management for businesses, municipalities, and fleets. Allego provides charging-as-a-service with zero capital expenditure, offering DC and ultra-fast charging along with smart network management for retail, corporate, and logistics hubs. ChargePoint’s CPaaS model delivers subscription-based EV charging, including hardware, software, and fleet energy management for commercial real estate, workplaces, and hospitality. Blink Charging’s BaaS plan features zero-cost installation and revenue-sharing models, bundling hardware, software, and maintenance for municipalities, property owners, and fleets. Companies such as Ionity and Plugsurfing are expanding roaming agreements which allows seamless access to multiple charging operators with a single subscription. The advancements in SaaS technology are facilitating the payment processing and eliminating the need for physical cards or apps. With growing regulatory support, European charging service providers are focusing on scalability of EV Charging infrastructure, seamless payment integration, and subscription-based flexibility to drive EV adoption and enhance user convenience.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

• By Company Type: OEMs - 24%, Tier I - 67%, and Tier II & III- 9%,
• By Designation: CXO - 33%, Directors - 52%, and Others - 15%
• By Region: North America - 26%, Europe - 36%, and Asia Pacific - 38%

The Charging as a service market is dominated by major players including like ChargePoint, Inc. (US), Tesla (US), TGOOD Global Ltd. (China), ENGIE (France), and State Grid Corporation of China (China). These companies are expanding their operations in EV Charging infrastructure to strengthen their CaaS ecosystem.

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