Ride Sharing Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	200 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19224172

Best Price Guarantee
Price	from $4,850
Length	200 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19224172

Ride Sharing Market

Growth Factors of Ride Sharing Market

The ride sharing market size was valued at USD 106.66 billion in 2023, and the market is now projected to grow from USD 123.08 billion in 2024 to USD 480.09 billion by 2032, exhibiting a CAGR of 18.5% during the forecast period of 2024-2032.

The COVID-19 was declared a global pandemic, the market of ride sharing significantly decreased owing to the lockdown measures, travel bans, the increase in remote employment, etc. They pondered the virus spread possibility leading to fewer demands. Though the market was significantly affected by the pandemic, with the process of reopening the economies and higher vaccination degrees, the recovery of the market with the increased attention to the safety and sanitation is anticipated.

Due to increased population density that has led to development of more urban structures, there is high pressure on common transport and parking space that has boosted demand for ride sharing services. With an estimated global urbanization ratio to stand at 68% demand for ride sharing is expected to be high by 2050 due to reduced congestion, hard commuting in congested cities is also eased with the flexibility offered by ride sharing.

Micro-mobility means the means of transportation that uses small-capacity, low-speed vehicles such as scooters, bicycles, and mopeds for short- distance travelling including urban traffic. The use of shared micro-mobility is on the rise because of rising traffic density especially in metro cities. Subsequently there are many players in this sector, Singulato, NIO, known automobile majors like Volkswagen, BMW, and Daimler are venturing into this space, governments are pledging towards electric scooters and share services as part of their mobility strategies across multiple cities in Europe.

Comprehensive Analysis of Ride Sharing Market

The ride sharing market growth is also increasing exponentially because of the segmentation of its market. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by type analysis, by commute type analysis, and application type analysis. By type analysis incudes E-hailing and station-based types. By commute type analysis incudes corporate, long-distance, and intercity. By application type analysis incudes android, iOS, and others.

The North America region lead the ride sharing market share by benefitting a market size of USD 48.02 billion in 2023 due to the rapid development of electric cars in countries such as Canada, the U.S., and Mexico.

Top players in the market have their responsibility of automotives industrial prospectus growth of the retailing industry and the markets. These players include, Uber Technologies Inc., DiDi Global Inc., Gett, Grab, Bolt Technology OÜ, Careem, Cabify España S.L.U., Lyft, Inc., Zimride, car2go Group GmbH these market players provide a level-playing competitive landscape.

In February 2024, Nissan Motor Co., Ltd. announced plans to launch an autonomous vehicle ride-share service in Japan within the next three years.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 18.5% from 2024 to 2032

Unit Value (USD billion)

Segmentation By Type

E-Hailing
Station-Based

By Commute Type

Intercity
Long Distance
Corporate

By Application Type

iOS
Android
Others

By Geography

North America (By Type, By Commute Type, By Application)
U.S. (By Type, By Commute Type, By Application)
Canada (By Type, By Commute Type, By Application)
Mexico (By Type, By Commute Type, By Application)
Europe (By Type, By Commute Type, By Application)
U.K. (By Type, By Commute Type, By Application)
Germany (By Type, By Commute Type, By Application)
France (By Type, By Commute Type, By Application)
Rest of Europe (By Type, By Commute Type, By Application)
Asia-Pacific (By Type, By Commute Type, By Application)
Japan (By Type, By Commute Type, By Application)
China (By Type, By Commute Type, By Application)
India (By Type, By Commute Type, By Application)
South Korea (By Type, By Commute Type, By Application)
Rest of Asia- Pacific (By Type, By Commute Type, By Application)
Rest of the World (By Type, By Commute Type, By Application)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Industry Developments - Merger, Acquisitions, and Partnerships; 4.2. Porter’s Five Forces Analysis; 4.3. SWOT Analysis; 4.4. Technological Developments; 4.5. Value Chain Analysis; 4.6. Impact of COVID-19 on Ride Sharing Market
5. Global Ride Sharing Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. Market Analysis, Insights and Forecast – By Type; 5.2.1. E-Hailing; 5.2.2. Station-Based; 5.3. Market Analysis, Insights and Forecast – By Commute Type; 5.3.1. Intercity; 5.3.2. Long Distance; 5.3.3. Corporate; 5.4. Market Analysis, Insights and Forecast – By Application Type; 5.4.1. iOS; 5.4.2. Android; 5.4.3. Others; 5.5. Market Analysis, Insights and Forecast – By Region; 5.5.1. North America; 5.5.2. Europe; 5.5.3. Asia Pacific; 5.5.4. Rest of The World
6. North America Ride Sharing Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. Market Analysis, Insights and Forecast – By Type; 6.2.1. E-Hailing; 6.2.2. Station-Based; 6.3. Market Analysis, Insights and Forecast – By Commute Type; 6.3.1. Intercity; 6.3.2. Long Distance; 6.3.3. Corporate; 6.4. Market Analysis, Insights and Forecast – By Application Type; 6.4.1. iOS; 6.4.2. Android; 6.4.3. Others; 6.5. Market Analysis, Insights and Forecast – By Country; 6.5.1. United States; 6.5.1.1. By Type; 6.5.1.2. By Commute Type; 6.5.1.3. By Application Type; 6.5.2. Canada; 6.5.2.1. By Type; 6.5.2.2. By Commute Type; 6.5.2.3. By Application Type; 6.5.3. Mexico; 6.5.3.1. By Type; 6.5.3.2. By Commute Type; 6.5.3.3. By Application Type
7. Europe Ride Sharing Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. Market Analysis, Insights and Forecast – By Type; 7.2.1. E-Hailing; 7.2.2. Station-Based; 7.3. Market Analysis, Insights and Forecast – By Commute Type; 7.3.1. Intercity; 7.3.2. Long Distance; 7.3.3. Corporate; 7.4. Market Analysis, Insights and Forecast – By Application Type; 7.4.1. iOS; 7.4.2. Android; 7.4.3. Others; 7.5. Market Analysis, Insights and Forecast – By Country; 7.5.1. United Kingdom; 7.5.1.1. By Type; 7.5.1.2. By Commute Type; 7.5.1.3. By Application Type; 7.5.2. Germany; 7.5.2.1. By Type; 7.5.2.2. By Commute Type; 7.5.2.3. By Application Type; 7.5.3. France; 7.5.3.1. By Type; 7.5.3.2. By Commute Type; 7.5.3.3. By Application Type; 7.5.4. Rest of Europe; 7.5.4.1. By Type; 7.5.4.2. By Commute Type; 7.5.4.3. By Application Type
8. Asia Pacific Ride Sharing Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. Market Analysis, Insights and Forecast – By Type; 8.2.1. E-Hailing; 8.2.2. Station-Based; 8.3. Market Analysis, Insights and Forecast – By Commute Type; 8.3.1. Intercity; 8.3.2. Long Distance; 8.3.3. Corporate; 8.4. Market Analysis, Insights and Forecast – By Application Type; 8.4.1. iOS; 8.4.2. Android; 8.4.3. Others; 8.5. Market Analysis, Insights and Forecast – By Country; 8.5.1. China; 8.5.1.1. By Type; 8.5.1.2. By Commute Type; 8.5.1.3. By Application Type; 8.5.2. India; 8.5.2.1. By Type; 8.5.2.2. By Commute Type; 8.5.2.3. By Application Type; 8.5.3. Japan; 8.5.3.1. By Type; 8.5.3.2. By Commute Type; 8.5.3.3. By Application Type; 8.5.4. South Korea; 8.5.4.1. By Type; 8.5.4.2. By Commute Type; 8.5.4.3. By Application Type; 8.5.5. Rest of Asia Pacific; 8.5.5.1. By Type; 8.5.5.2. By Commute Type; 8.5.5.3. By Application Type
9. Rest of The World Ride Sharing Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. Market Analysis, Insights and Forecast – By Type; 9.2.1. E-Hailing; 9.2.2. Station-Based; 9.3. Market Analysis, Insights and Forecast – By Commute Type; 9.3.1. Intercity; 9.3.2. Long Distance; 9.3.3. Corporate; 9.4. Market Analysis, Insights and Forecast – By Application Type; 9.4.1. iOS; 9.4.2. Android; 9.4.3. Others
10. Competitive Analysis: 10.1. Key Industry Developments; 10.2. Global Market Position Analysis (2023); 10.3. Competition Dashboard; 10.4. Comparative Analysis – Major Players; 10.5. Company Profiles; 10.5.1. Uber Technologies Inc. (California, U.S.); 10.5.1.1. Overview; 10.5.1.2. Products & services; 10.5.1.3. SWOT Analysis; 10.5.1.4. Recent Developments; 10.5.1.5. Strategies; 10.5.1.6. Financials (Based on Availability); 10.5.2. DiDi Global Inc. (Beijing, China); 10.5.2.1. Overview; 10.5.2.2. Products & services; 10.5.2.3. SWOT Analysis; 10.5.2.4. Recent Developments; 10.5.2.5. Strategies; 10.5.2.6. Financials (Based on Availability); 10.5.3. Gett (London, U.K.); 10.5.3.1. Overview; 10.5.3.2. Products & services; 10.5.3.3. SWOT Analysis; 10.5.3.4. Recent Developments; 10.5.3.5. Strategies; 10.5.3.6. Financials (Based on Availability); 10.5.4. Grab (Singapore); 10.5.4.1. Overview; 10.5.4.2. Products & services; 10.5.4.3. SWOT Analysis; 10.5.4.4. Recent Developments; 10.5.4.5. Strategies; 10.5.4.6. Financials (Based on Availability); 10.5.5. Bolt Technology OÜ (Tallinn, Estonia); 10.5.5.1. Overview; 10.5.5.2. Products & services; 10.5.5.3. SWOT Analysis; 10.5.5.4. Recent Developments; 10.5.5.5. Strategies; 10.5.5.6. Financials (Based on Availability); 10.5.6. Careem (Dubai, UAE); 10.5.6.1. Overview; 10.5.6.2. Products & services; 10.5.6.3. SWOT Analysis; 10.5.6.4. Recent Developments; 10.5.6.5. Strategies; 10.5.6.6. Financials (Based on Availability); 10.5.7. Cabify España S.L.U. (Madrid, Spain); 10.5.7.1. Overview; 10.5.7.2. Products & services; 10.5.7.3. SWOT Analysis; 10.5.7.4. Recent Developments; 10.5.7.5. Strategies; 10.5.7.6. Financials (Based on Availability); 10.5.8. Lyft, Inc. (California, U.S.); 10.5.8.1. Overview; 10.5.8.2. Products & services; 10.5.8.3. SWOT Analysis; 10.5.8.4. Recent Developments; 10.5.8.5. Strategies; 10.5.8.6. Financials (Based on Availability); 10.5.9. Zimride (California, U.S.); 10.5.9.1. Overview; 10.5.9.2. Products & services; 10.5.9.3. SWOT Analysis; 10.5.9.4. Recent Developments; 10.5.9.5. Strategies; 10.5.9.6. Financials (Based on Availability); 10.5.10. car2go Group GmbH (Berlin, Germany); 10.5.10.1. Overview; 10.5.10.2. Products & services; 10.5.10.3. SWOT Analysis; 10.5.10.4. Recent Developments; 10.5.10.5. Strategies; 10.5.10.6. Financials (Based on Availability)