Ridesharing Market 2024-2028
The ridesharing market is forecasted to grow by USD 3247.1 million during 2023-2028, accelerating at a CAGR of 14.56% during the forecast period. The report on the ridesharing 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 increase in costs associated with ownership of vehicles, reduction in travel costs, and decrease in traffic congestion.
Technavio's ridesharing market is segmented as below:
- By Service
- E-Hailing
- Station-based
- By Vehicle Type
- Car
- Others
- By Connectivity
- Short distance
- Long distance
- By Geographical Landscape
- Europe
This study identifies the emergence of autonomous ridesharing as one of the prime reasons driving the ridesharing market growth during the next few years. Also, reduction in air and noise pollution and increase in usage of multimodal transportation of people will lead to sizable demand in the market.
The report on the ridesharing market covers the following areas:
- Ridesharing market sizing
- Ridesharing market forecast
- Ridesharing 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 ridesharing market vendors that include Avis Budget Group Inc., Blacklane GmbH, Bolt Technology OU, Caocao Mobility Paris, CarpoolWorld inc., Citygo, Comuto SA, France Taxi SAS, Groupe Rousselet, IOWA RIDESHARE, IT TRAVEL LP, Karos, Klaxit SAS, La Roue Verte SAS, Lyft Inc., MyEcoCar, On Demand iCARS Inc, Public In Motion GmbH, Uber Technologies Inc., and WHC Worldwide LLC. Also, the ridesharing 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 primary and secondary research. 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 accurate market growth.