Ride Sharing Market Global Outlook 2030 – Register USD 194.65 Billion, Expecting Potential 19.2% CAGR | MRFR Statistical Report 2022
Research Reports
Oct 18, 2022
Ride Sharing Market Research Report and Growth Analysis 2022 by Type (Car Sharing, E-Hailing, Car Rental, Station-Based Mobility), Vehicle Type (ICE Vehicles, CNG/LPG Vehicles, Electric Vehicle), Business Model (P2P, B2B, B2C) and Region – Global Forecast till 2030
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.
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)
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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.
Report Scope:
|
Report Metrics |
Details |
|
Market Size |
USD 194.65 Billion |
|
CAGR |
19.2% CAGR (2022-2030) |
|
Base Year |
2021 |
|
Forecast Period |
2022-2030 |
|
Historical Data |
2019 & 2020 |
|
Forecast Units |
Value (USD Million) |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
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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.
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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.
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Contact Information:
Contact: Market Research Future 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Website: https://www.marketresearchfuture.com Sales: [email protected]
Tags:
Wire, Research Newswire, English
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