Ride Sharing Market 2022 to 2030 - Market Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts

Ride Sharing Market Overview:

The market research that has been made on the ride-sharing shows a potential growth of 19.2% CAGR during the forecast timeline which is till 2030 with a valuation of USD 194.65 Billion

There are many factors that contribute to the ride-sharing market growth which as cost and time saving along with other reasons like traffic reduction, ownership of the vehicles, support of the government to share a ride, and many more. The market of ride sharing is likely to enhance good revenue of 73 billion US dollars which is likely to be achieved during the forecast timeline. Ride-sharing is a trending concept in the market of mobility which has gained quite popularity in the car-sharing field, carpooling, and car-hailing as well. The mechanism of ride-sharing works in a manner where people are offered rides at the convenience of the driver. There are different apps that are created by companies across the world. The car or any other vehicle driver can offer the ride while other users can also avail of the offer depending on the price and quiet which the driver defines.

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It is now possible for the long and short drives to and for the ride-sharing which can offer two and one-way rides very well. There are many economically developing countries in which such a type of service is growing because of the people's lack of ability to own a vehicle. People now can travel over some distance with comfort and ease at a low value. There is quite a huge population that is now accustomed to living on smartphones as per the dynamic world challenges and also the ride-sharing apps which seem to have good support from the people. There are also working experts in the urban and metro cities that further have adapted the ride-sharing market use.

The pandemic cruises due to Covid-19 have affected the lives of humans and the economy to a great extent. Lockdown were imposed at the global and local levels. There was a limitation to transportation during this phase. People could simply leave the house in emergencies or even purchase the necessities. The negligible price of communication due to the virus threat has made people think twice about carpooling and ride-sharing ideas. The pandemic on the other hand also has resulted in the own car trends and rental car trends market growing while hand replicating the idea of ride-sharing.

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Key Players

ber Technologies Inc. (U.S.)
Taxify (Estonia)
Lyft Inc. (U.S.)
ANI Technologies Pvt. Ltd. (India)
OLA
Gett (Israel)
Didi Chuxing Technology Co. (China)
car2go (Germany)
Cabify (Spain)
GrabTaxi Holdings Pte. Ltd. (Singapore)
Ride Sharing Market Segmentation:

As per the type:

Car rental
Car sharing
Station-based mobility
E-hailing
As per the Vehicle type:

ICE Vehicle
Vehicle running on LPG
Electric vehicle
Vehicle running on CNG
As per the Business Model:

P2P
B2C
B2C
As per the Membership type:

Corporate ridesharing
Fixed ridesharing
Dynamic ridesharing
As per the Service:

Web-based
App-based
Web and app-based
Ride Sharing Market Regional Classification:

The regional analysis that has been made on the market of ride-sharing states that North America is the region with a good market share because of the companies such as Uber and Lyft which work as reliable ride-hailing agents in the region.

Ride Sharing Industry News:

Go Coach in the year 2020 entered into a partnership with Sevenoak bus services and re-branded the system to Go2 for online ticket booking for taxi limiting communication.

Table Of Contents

1. Executive Summary

2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter's Five Forces Analysis

3.1.1. Threat Of New Entrants

3.1.2. Bargaining Power Of Buyers

3.1.3. Threat Of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power Of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Ride Sharing Market, By Type

5.1. Introduction

5.2. Car Sharing

5.2.1. Market Estimates & Forecast, 2020-2027

5.2.2. Market Estimates & Forecast By Region, 2020-2027

5.3. E-Hailing

5.3.1. Market Estimates & Forecast, 2020-2027

5.3.2. Market Estimates & Forecast By Region, 2020-2027

5.4. Car Rental

5.4.1. Market Estimates & Forecast, 2020-2027

5.4.2. Market Estimates & Forecast By Region, 2020-2027

5.5. Station-Based Mobility

5.5.1. Market Estimates & Forecast, 2020-2027

5.5.2. Market Estimates & Forecast By Region, 2020-2027

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