Ride-hailing Market size was valued at USD 114.08 Bn. in 2023 and the total Ride-hailing revenue is expected to grow at a CAGR of 14.36% from 2024 to 2030, reaching nearly USD 291.83 Bn. by 2030.
Ride-hailing Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “ Ride-hailing Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Ride-hailing Market by thorough analysis, and projections are made up to 2030.
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Ride-hailing Market Scope and Methodology:
Research in the Ride-hailing Market combines quantitative and qualitative methods. Through a variety of research methods, including primary and secondary research, subject matter expert advice, and quantitative and qualitative market data, information is gathered. Primary research makes use of important data from in-person and/or telephone interviews, questionnaires, industry experts’ comments, and other sources.
The Maximize Market Research team performed secondary research using a range of sources, such as corporate websites, annual reports, financial data, reports and SEC filings, internal and external proprietary databases, pertinent patent and regulatory databases, and financial information. In order to obtain information on topics like the dominance of a certain brand and the prices of services and goods in each nation and area, MMR Market Reports reached out to a number of important opinion leaders in the same sector, including senior and mid-level managers of major corporations and end-user executives.
Ride-hailing Market Regional Insights
The analysis delves deep into the markets of Middle East, Africa, South America, Asia Pacific, Europe, and North America. Understanding the intricate dynamics of the global Ride-hailing market is a key aspect of the regional analysis provided in the report. The report contains data on product import and export, market size, and growth rate for each country. Additionally, the report has also offer a synopsis of the latest advancements in the global Ride-hailing market across different countries and regions.
Ride-hailing Market Segmentation
By Type
Ride sharing
Ride sourcing
Leasing car
By Vehicle type
Two wheelers
Three wheelers
Four wheelers
By Commuting distance
Intra-city
Outer-city
The ride-sharing category is probably going to have the largest market share in the ride-hailing industry in 2023. This supremacy is the result of numerous important causes. Because ride-sharing services are convenient and reasonably priced, they have become increasingly popular and accepted among consumers. Because these services enable numerous passengers to share a vehicle, they effectively lower individual transportation expenses, which appeals to a wide variety of consumers in the ride-hailing market. Furthermore, ride-sharing companies have made large investments in marketing and brand recognition, becoming well-known brands and gaining a sizeable chunk of the ride-hailing market share. The ride-sharing category is expected to lead the ride-hailing industry in 2023 due to its cost, convenience, suitability for urban settings, and environmental advantages.
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Ride-hailing Market Key Players
North America:
1. Lyft, Inc. USA
2. We Trott USA
3. SkedGo Pty Ltd. USA
4. Uber Technologies Inc. USA
5. Wingz, Inc. USA
6. Zipcar USA
7. Curb Mobility USA
Europe:
1. BlaBlaCar, France
2. Cabify, Spain
3. Grab, Singapore
4. TomTom NV Netherlands
Asia-Pacific:
1. Beijing Xiaoju Technology Co, Ltd., China
MEA & Africa:
1. Careem UAE
2. Gett, Israel
3. Taxify OÜ Estonia
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Key questions answered in the Ride-hailing Market are:
- What is Ride-hailing?
- What was the Ride-hailing Market size in 2023?
- What will be the CAGR at which the Ride-hailing Market will grow?
- What growth strategies are the players considering to increase their presence in Ride-hailing?
- Who are the key players in the Ride-hailing Market?
- Who are the leading companies and what are their portfolios in Ride-hailing Market?
- What is the growth rate of the Ride-hailing Market?
- What are the upcoming industry applications and trends for the Ride-hailing Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Ride-hailing Market?
- What are the different segments of the Ride-hailing Market?
- What segments are covered in the Ride-hailing Market?
- Which are the factors expected to drive the Ride-hailing market growth?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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