A business model can be defined as a structural and strategic framework that elucidates the manner in which an organization creates, delivers and monetizes value. The advent of the Industrial Revolution saw the emergence of business models that were to be transformed by the subsequent development of information technologies, giving rise to new business models in the digital age. As a consequence of this transformation, micromobility business models have emerged as a form of business production offering that encompasses the utilization of compact and lightweight transport vehicles, providing environmentally friendly and sustainable transportation solutions. In this field, business models that meet the short-distance travel needs of users and offer economical transport opportunities are particularly noteworthy. Such business models are typically classified as product-oriented, service-oriented, or function-oriented. The global micromobility market is experiencing a period of rapid growth, driven by a number of factors including urbanization, traffic congestion and environmental concerns. The regions where the leading companies in the micromobility market have their headquarters and have the highest market share are North America, Europe, Asia Pacific, the Middle East and Africa, and South America. The utilization of micromobility business models in countries such as the USA, Germany, France, China, the United Kingdom, Italy, Spain, Brazil and India is highly diverse. Each country has its own regulatory and legal frameworks, urbanization rates and consumer habits, as well as diverse micromobility business models. Furthermore, local and regional characteristics play an important role in the generation, delivery and growth of these business models. It is anticipated that micromobility solutions will continue to evolve in the future, driven by technological advancements such as the integration of AI and IoT systems and the incorporation of micromobility into public transportation. However, concerns have been raised about the potential limitations of these developments due to infrastructure deficiencies and legal-governance challenges.