Ride-Hailing Market Is Booming Across the Globe Explored in Latest Report 2020 - 2025 | Top Key players Analsysis by - Uber, Lyft, Gett, Hailo, Ola Cabs, GrabTaxi, Easy Taxi, LeCab

Global Ride-Hailing Market overview:

The report " Ride-Hailing Market" The quick adoption of advanced Analytics and Visualization and the expand use of outward data sources are the major drivers of the Ride-Hailing Market. The report high Point, Potential Growth Opportunities in the coming years and covers a review of the Market Drivers, Growth Measure, Competitive Landscape, Market Dynamics, Opposition and other Feature to the Ride-Hailing Market.

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The key trend observed in the ride-hailing market is the deployment of electric vehicles in ride-hailing services. Governments of several countries are taking active initiatives to introduce different policies and regulations, in order to encourage deployment of these vehicles in operators' fleet. Different companies are also taking initiatives to introduce electric vehicle fleets for their ride-hailing services

On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into E-hailing, Car Sharing, Station-Based, Car Rental. Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Four Wheelers, Micro Mobility Vehicles, Others.

The government support towards the adoption of ride-hailing services, is one of the key factors boosting the growth of ride-hailing market. Apart from the national governments that are reforming policies to facilitate the implementation of ride-hailing program, city and state authorities are also taking initiatives to accelerate the adoption of ride-hailing services locally.

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Asia Pacific was a prominent market for Ride-Hailings in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Ride-Hailing market in Asia Pacific. There are several manufacturers of Ride-Hailings in Europe and North America. In North America, the demand for Ride-Hailings is primarily driven by the residential sector. Improved standards of living and rising usage of Ride-Hailings for flooring purpose are anticipated to drive the market in North America.

Some of the major players that operate in the Global Ride-Hailing Market are Uber, Lyft, Gett, Hailo, Ola Cabs, GrabTaxi, Easy Taxi, LeCab, Cabify, Didi Chuxing, Bitaksi, GoCatch, Ingogo.

During the forecast period, the rest of the world (RoW) region is estimated to witness the fastest growth in the ride-hailing market. In recent years, the market has witnessed a rapid growth in the region, owing to the need to develop a mobility solution to combat the environmental concern, as well as to ensure customer-friendly solution. For instance, Brazil is a densely populated country and is characterized by high rate of urbanization. These factors have contributed significantly toward the rise in traffic congestion in the country, favoring the growth of the market.

Latest Industry Updates:

Uber:- Safety is the world's top priority right now. For many of us, this means staying inside and doing our bit to keep ourselves and those around us healthy. But at Uber, we also understand the challenges of a lockdown in accessing essential supplies and everyday necessities. So, to save you the risk of stepping out to get your supplies, we have started a new last-mile delivery service to get your everyday essentials right to your doorstep. We have partnered with bigbasket and are deploying a mix of UberGo, UberXL and UberMoto, to help them ensure reliable delivery of essential supplies to as many homes as possible in Bengaluru, Hyderabad, Chandigarh and Noida.

Our association with bigbasket complies with all hygiene and traffic regulations. More importantly, by encouraging citizens to stay at home, our service supports authorities in containing COVID-19. �Uber will not be charging any commission for this service. All the money paid to drivers will stay with them.�

Lalita Aggarwal, National Process Head-Last Mile of bigbasket added "The ongoing pan-India lockdown has led to a disruption in the supply of essential goods, primarily led by a shortage of personnel and delivery vehicles. We are very happy to partner with Uber India for this initiative and we will be utilizing a portion of their huge fleet of cars, bikes as well as personnel to help with our deliveries to fulfill customer orders. We are thankful to Uber India for helping us deliver essential goods to thousands of customers across the country and the opportunity to provide financial sustenance to many drivers and riders during this time. As a brand, we are committed to providing the best possible services to our customers and this partnership with Uber is another step towards that goal."

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Table of Contents:

1 Ride-Hailing Definition

2 Global Ride-Hailing Market Major Player Share and Market Overview

3 Major Player Ride-Hailing Business Introduction

4 Global Ride-Hailing Market Segmentation (Region Level)

5 Global Ride-Hailing Market Segmentation (Product Type Level)

6 Global Ride-Hailing Market Segmentation (Industry Level)

7 Global Ride-Hailing Market Segmentation (Channel Level)

8 Ride-Hailing Market Forecast 2020-2024

9 Ride-Hailing Segmentation Type

10 Ride-Hailing Segmentation Industry

11 Ride-Hailing Cost Analysis

12 Conclusion

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