Global Ride Hailing Market 2021 In-Depth Analysis Of Industry Share, Size, Growth, Outlook Upto 2030
The ride-hailing market report describes and explains the global ride-hailing market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The ride-hailing market consists of revenue generated by ride-hailing used for passenger transportation service in which the passengers are connected with the vehicle drivers through a smartphone-based app. The industry comprises establishments primarily engaged in providing passenger transportation by automobile or van, not operated over regular routes and on regular schedules. Establishments of taxicab owners/operators, taxicab fleet operators, or taxicab organizations are included in this industry.
The global ride hailing market is expected grow from $42.25 billion in 2020 to $56.87 billion in 2021 at a compound annual growth rate (CAGR) of 34.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $108.15 billion in 2025 at a CAGR of 17%.
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Some of the major players of the ride-hailing market are Uber Technologies Inc., Grab, ANI Technologies Pvt. Ltd., Gett Inc., Lyft Inc., DiDi Chuxing, Delphi Automotive, Daimler AG., BlaBlaCar, and Didi Chuxing Technology Co.
The countries covered in the global ride-hailing market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global ride-hailing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global ride-hailing market is segmented –
1) By Vehicle Type: Two Wheeler, Three Wheeler, Four Wheeler, Others
2) By End-User: Commercial, Personal
3) By Service Type: E-Hailing, Car Sharing, Station-Based Mobility, Car Rental
Read More On The Global Ride-Hailing Market Report:
Few Points From Table Of Content
1. Executive Summary
2. Ride Hailing Market Characteristics
3. Ride Hailing Market Trends And Strategies
4. Impact Of COVID-19 On Ride Hailing
5. Ride Hailing Market Size And Growth
26. Africa ride-hailing Market
27. Ride-hailing Market Competitive Landscape And Company Profiles
29. Key Mergers And Acquisitions In The Ride-hailing Market
30. Ride-hailing Market Future Outlook and Potential Analysis
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