Ride sharing Market Overview:
The Ride sharing Market Research Report covers a detailed analysis of strategy, micro and macro market trends and scenarios, pricing analysis, and short-term market circumstances, as well as an in-depth look at the main rivals. The report covers future trends that are expected to drive the development of the Ride sharing Market.
Anticipated Growth Rate for Ride sharing Market:
Ride Sharing Market Size was valued at USD 117.84 Billion in 2023, and it is expected to reach USD 357.93 Billion by 2030, exhibiting a CAGR of 17.2 % during the forecast period (2024-2030).
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Ride sharing Market Report Scope and Research Methodology:
The global Ride sharing market report delineates both past and present growth trajectories, offering insights into the market’s Compound Annual Growth Rate (CAGR), size, forecasts, revenue share, and pricing trends. Within the report, industry-specific challenges, lucrative opportunities, and technological advancements are expounded upon, aiding key players in enhancing their revenue and fostering growth. The report not only captures prevailing trends but also anticipates those driving the evolution of the Ride sharing market. Encompassing a competitive landscape, the report delves into prospective technical and financial aspects within the Ride sharing industry. It also encompasses comprehensive company profiles, encompassing details like capacity, manufacturing, pricing, costs, revenue, and relevant statistics. Utilizing a bottom-up approach, the report estimates the Ride sharing market size in terms of both value and volume.
Ride sharing Market Regional Insights:
The Ride sharing market study includes company profiles from various regions, as well as information on their business strategies and statistics. The analysis of dynamics and the Ride sharing market size has been provided at local, regional and global levels.
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Ride sharing Market Segmentation:
by Type
E-Hailing
Station-Based
During the projection period, the e-hailing segment is expected to hold a significant share of the global market, according to Type. In order to transport customers, e-hailing ride providers use or contract a personal driver. Additionally, the demand for ride sharing, especially e-hailing, is being driven by the government’s intensified efforts to raise public awareness of air pollution, passenger comfort, growing traffic congestion, and the ease of booking.
by Commute Type
Intercity
Intracity
by Vehicle Type
Cars
Motorcycles
Others
The P2P sector dominated the market in 2023 and is anticipated to continue to do so throughout the forecast period, according to the business model. People who share their cars with other passengers are said to be engaging in peer-to-peer (P2P) car sharing. Furthermore, the P2P concept puts the owner in the vehicle while it is being driven. Peer-to-peer car sharing is becoming more common. Driving a car becomes an expensive asset for the owner; one might save money by spreading petrol costs with other passengers or charging the customer appropriately.
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Ride sharing Market Key Players:
1. Uber Technologies Inc (US)
2. Lyft, Inc (US)
3. Wingz, Inc (US)
4. Curb Mobility (US)
5. GoKid Corporation (US)
6. Via Transportation, Inc. (US)
7. Hertz Corporation (US)
8. AVIS Budget Group (US)
9. Hitch Technologies, Inc (US)
10.Flywheel (US)
11.Ziro (US)
12.Alto (US)
13.Turo (US)
14.BlaBlaCar (France)
15.Gett (UK)
16.Cabify (Spain)
17.Bhuumi Ride (India)
18.OLA Cabs (India)
19.DiDi Global Inc (China)
20.Grab (Singapore)
21.Bridj (Australia)
22.Bolt Technology OÜ (Estonia)
23.GO-JEK (Indonesia)
24.Angkas (Philippine)
25.SafeBoda (Uganda)
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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