Ride Sharing Market is driven by a rapidly evolving automotive industry with a healthy CAGR of ~19.20 during the forecast period of 2022 to 2030

The Global Ride Sharing Market is expected to register a CAGR of~19.20% from 2022 to 2030 and hold a value of over USD 194.01 billion by 2030.

The global ride-sharing market refers to the use of a digital platform that connects drivers with passengers who need transportation services. It is a service where individuals can use their personal vehicles to offer rides to passengers who need to travel to a particular destination. The market is operated by companies such as Uber, Lyft, Ola, and Didi Chuxing, and it has become increasingly popular in recent years due to its convenience, affordability, and environmental benefits. The market is expected to continue to grow in the coming years as more people adopt ride-sharing services as an alternative to traditional modes of transportation.

Request The Free Sample PDF of this Report: https://www.marketresearchfuture.com/sample_request/7444

The COVID-19 pandemic had a significant impact on the global ride-sharing market. The widespread adoption of social distancing and other safety measures led to a significant decline in demand for ride-sharing services in many parts of the world.

As lockdowns were imposed and people were urged to stay at home, the demand for ride-sharing services dropped sharply. Many people began to work from home, and the need for transportation decreased. The reduced demand for ride-sharing services led to a decline in revenue for companies in the industry, and many drivers were left without work.

Regional Analysis

The largest region of the global ride-sharing market is currently North America, which includes the United States and Canada. North America, ride-sharing companies such as Uber and Lyft have established a strong presence, with millions of users relying on these services for transportation. The market is also highly competitive, with new players entering the industry regularly.

The Asia-Pacific region is another significant market for ride-sharing, with countries such as China, India, and Japan driving growth in the industry. In these countries, the high population density and limited public transportation infrastructure make ride-sharing an attractive option for many people.

Market Segmentation

The Global Ride Sharing Market has been segmented into type, application and service.

Based on the type, the market has been segmented into car sharing, e-hailing, car rental and station-based mobility.

Based on the application, the market has been segmented into fixed ridesharing, corporate ridesharing and dynamic ridesharing.

Based on the service, the market has been segmented into Web and App-based.

Read Report Overview: https://www.marketresearchfuture.com/reports/ride-sharing-market-7444

Key Players

Some of the key market players are:

• 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)

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

Discover More Research Reports on Automotive Industry, by Market Research Future:

Automotive Automatic Transmission System Market Size

Electric Steering Market Analysis

Automotive Alloys Market Size

Automotive E-tailing Market Size

Automotive Metal Stamping Market Size

Tags: Ride Sharing Market Research Report, Ride Sharing market, Ride-Sharing Market Size, Ride-Sharing Market Trends, Ride Sharing Market Share See Campaign: https://www.marketresearchfuture.com/reports/ride-sharing-market-7444

Contact Information:

Market Research Future

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone: +1 628 258 0071(US) +44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website:https://www.marketresearchfuture.com

Tags:
Wire, Research Newswire, English