Ride-Hailing Market, By Offering (E-hailing, Car Sharing, Rental), By Vehicle Type (Four Wheeler and Others), By End User (Personal and Business), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Ride-Hailing Market, By Offering (E-hailing, Car Sharing, Rental), By Vehicle Type (Four Wheeler and Others), By End User (Personal and Business), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Ride-hailing services have transformed the transportation industry by providing convenient and affordable mobility solutions to consumers. With the widespread adoption of smartphones and advancement in connectivity technologies, major tech companies like Uber and Ola have launched ride-hailing services. The concept has gained immense popularity especially among the urban population looking for an alternative to own private vehicles. Ride-hailing offers the benefits of on-demand transportation, cashless payments, real-time tracking and affordable fares. The young demographics have embraced these features while companies operate on asset-light model with low overheads.
Market Dynamics:
Global ride-hailing market has witnessed robust growth in the recent years due to increasing smartphone penetration, evolving mobility trends and investments by tech giants. However, factors like regional regulations around driver status, high commission charges to drivers and lack of profitability for operators can hamper the market growth. Substitute services like shared mobility and public transportation can also hamper the market growth. The developments in autonomous vehicles and expanding product offerings around delivery offer opportunities for ride-hailing players to diversify revenue streams. Entering new geographic markets, strategic partnerships and differentiated products will be key for companies to sustain growth amid emerging competition.
Key features of the study:
This report provides in-depth analysis of the global ride-hailing market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global ride-hailing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Uber, Didi Chuxing, Grab, Bolt, Lyft, Ola Cabs, Taxi, Careem, Gojek, 99, Bitaksi, Cabify, FreeNow, Ola Electric, InDriver, DiDi Mobility, Ruta 66, Beat, ViaVan, Swvl.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global ride-hailing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ride-hailing market.
Market Segmentation
By Offering
E-hailing
Car Sharing
Rental
By Vehicle Type
Four Wheeler
Others (Two Wheeler, Three Wheeler)
By End User
Personal
Business
By Regional
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Key Players
Uber
Didi Chuxing
Grab
Bolt
Lyft
Ola Cabs
Taxi
Careem
Gojek
99
Bitaksi
Cabify
FreeNow
Ola Electric
InDriver
DiDi Mobility
Ruta 66
Beat
ViaVan
Swvl
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Offering
Market Snippet, By Vehicle Type
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
Impact of the COVID-19 Pandemic
4. Global Ride-Hailing Market, By Offering, 2019-2031, (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
E-hailing
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Car Sharing
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Rental
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
5. Global Ride-Hailing Market, By Vehicle Type, 2019-2031, (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
Four Wheeler
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Others (Two Wheeler, Three Wheeler)
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
6. Global Ride-Hailing Market, By End User, 2019-2031, (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
Personal
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Business
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
7. Global Ride-Hailing Market, By Region, 2019-2031, (US$ Billion)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
North America
Regional Trends
Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
Market Size and Forecast, By End User, 2019-2031, (US$ Billion)
Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
Market Size and Forecast, By End User, 2019-2031, (US$ Billion)
Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
Market Size and Forecast, By End User, 2019-2031, (US$ Billion)
Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
China
India
ASEAN
Australia
South Korea
Japan
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
Market Size and Forecast, By End User, 2019-2031, (US$ Billion)
Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
Market Size and Forecast, By End User, 2019-2031, (US$ Billion)
Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
GCC Countries
South Africa
Rest of the Middle East & Africa
8. Competitive Landscape
Company Profiles
Uber
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Didi Chuxing
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Grab
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Bolt
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Lyft
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Ola Cabs
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Taxi
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Careem
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Gojek
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
99
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Bitaksi
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Cabify
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
FreeNow
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Ola Electric
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
InDriver
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
DiDi Mobility
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Ruta 66
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Beat
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
ViaVan
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Swvl
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Research Methodology
References
Research Methodology
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