Global Ride Hailing Services Market 2024-2028

Global Ride Hailing Services Market 2024-2028


The ride hailing services market is forecasted to grow by USD 66.17 bn during 2023-2028, accelerating at a CAGR of 16.1% during the forecast period. The report on the ride hailing services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising use of online ride hailing services, increasing smartphone and internet penetration of ride hailing services, and rapid growth in urbanization.

Technavio's ride hailing services market is segmented as below:

By Application
  • Car sharing
  • E-hailing
By Mode Of Booking
  • Online
  • Offline
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the growing merger and acquisition activities in ride hailing services market as one of the prime reasons driving the ride hailing services market growth during the next few years. Also, increasing investment in autonomous vehicles and rising adoption of electric vehicles (EVS) will lead to sizable demand in the market.

The report on the ride hailing services market covers the following areas:
  • Ride hailing services market sizing
  • Ride hailing services market forecast
  • Ride hailing services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ride hailing services market vendors that include ANI Technologies Pvt. Ltd., Be Group Joint Stock Co., Bolt Technology OU, Comuto SA, DiDi Global Inc., FastGo Joint stock Co., Grab Holdings Ltd., GT Gettaxi UK Ltd., Junoride, Lyft Inc., My Taxi Ride Inc., Ridecell Inc, SUOL INNOVATIONS LTD, The Addison Lee Group, TomTom NV, Transopco UK Ltd., Uber Technologies Inc., Via Transportation Inc., Wheely Technologies Ltd., and YandexGo. Also, the ride hailing services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global Ride Hailing Services Market 2018 - 2022
      • Table Historic Market Size - Data Table on Global Ride Hailing Services Market 2018 - 2022 ($ million)
    • Application segment analysis 2018 - 2022
    • Mode of Booking segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Application
    • Market segments
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Data Table on Comparison by Application
    • Car sharing - Market size and forecast 2023-2028
      • Table Data Table on Car sharing - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Car sharing - Year-over-year growth 2023-2028 (%)
    • E-hailing - Market size and forecast 2023-2028
      • Table Data Table on E-hailing - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on E-hailing - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Mode of Booking
    • Market segments
      • Table Data Table on Mode of Booking - Market share 2023-2028 (%)
    • Comparison by Mode of Booking
      • Table Data Table on Comparison by Mode of Booking
    • Online - Market size and forecast 2023-2028
      • Table Data Table on Online - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Online - Year-over-year growth 2023-2028 (%)
    • Offline - Market size and forecast 2023-2028
      • Table Data Table on Offline - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Offline - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Mode of Booking
      • Table Data Table on Market opportunity by Mode of Booking ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023-2028
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Rising use of online ride hailing services
      • Increasing smartphone and internet penetration of ride hailing services
      • Rapid growth in urbanization
    • Market challenges
      • Compliance with government regulations in ride hailing services
      • Issues related to safety of passengers
      • Rise in data security issues in ride hailing services
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Growing merger and acquisition activities in ride hailing services market
      • Increasing investment in autonomous vehicles
      • Rising adoption of electric vehicles (EVs)
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Market positioning of companies
    • ANI Technologies Pvt. Ltd.
    • Be Group Joint Stock Co.
    • Comuto SA
    • DiDi Global Inc.
    • FastGo Joint stock Co.
    • Grab Holdings Ltd.
    • GT Gettaxi UK Ltd.
    • Junoride
    • Lyft Inc.
    • My Taxi Ride Inc.
    • Transopco UK Ltd.
    • Uber Technologies Inc.
    • Via Transportation Inc.
    • Wheely Technologies Ltd.
    • YandexGo
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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