Mexico Ride Hailing Market 2022 Global Outlook - Uber Mexico, Didi Chuxing, Cabify (Easy Taxi)

The Mexico Ride Hailing Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Mexico Ride Hailing market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Mexico Ride Hailing market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Mexico Ride Hailing market.

The Mexico ride-hailing market is expected to register a CAGR of 28%, during the forecast period of 2022 to 2027.

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Top Leading Companies of Mexico Ride Hailing Market are - Uber Mexico, Didi Chuxing, Cabify (Easy Taxi), BEAT, BlaBlaCar and others.

Industry News and Updates:

- In March 2022, Didi Taxi launched in Oaxaca, Mexico. The ride-hailing platform from China has partnered up with Oaxaca's taxi drivers to jointly launch Didi Taxi.

- In October 2019, Uber Technologies, Inc. announced an agreement to acquire majority ownership of Cornershop, a leading online grocery provider in Chile, Mexico, and more recently in Peru and Toronto. The investment is expected to close in early 2022, subject to regulatory approval.

Key Market Trends:

Internet and Smartphone Penetration is Expected to Drive the Market Growth

- The increasing adoption of smartphones embedded with GPS, linked with the availability of digital road maps through APIs, offered the essential supporting facilities such as navigation and tracking for ride-sharing services. The factor in the Mexico ride-sharing market includes the development of shared mobility services, such as Uber, Didi Chuxing, and Cabify (Easy Taxi) are increasingly adopting in established transportation business patterns across the region.
- Similarly, the increasing volume of transactions made through these digital platforms provided by the shared mobility service companies has been on an upward trend since its launch. In 2019, 71% of Internet users (59.6 million) in Mexico made purchases or paid for services through an application or website, 2.1% more than last year. This will have a positive impact on Mexico ride-hailing market in the future.

Segmentation By Type: E-Taxi, Car sharing

Segmentation By Application: Enterprise, Individual

Regional Analysis:

Mexico is one of the fastest-growing regions for ride-hailing companies, but there is a gap in knowledge regarding the reasons for this growth and perspectives on its future. There has been extraordinary demand for ride-hailing platforms in Latin America, including Mexico. Their business model has succeeded through a combination of different elements, including geographic factors such as high levels of urbanization and demand for transportation solutions, along with poor public transport. Latam is the third-largest car-owning region in the world; and, structural labor market conditions.

Investigator Observers Strong Growth in Specific Regions:

- Europe Market (Germany, UK, France, Russia, Italy)

- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

- South America Market (Brazil, Argentina, Colombia)

- North America Market (United States, Canada, Mexico)

- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Mexico Ride Hailing Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Mexico Ride Hailing Market (%),2016 - 2026
- Mexico Ride Hailing Market Share, By Brand
- Mexico Ride Hailing Market Share, By Company
- Mexico Ride Hailing Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Mexico Ride Hailing Market Value Analysis & Forecast
- Promising Mexico Ride Hailing Development by Major Companies
- Detailed Mexico Ride Hailing Portfolio of the Major Companies
- Major Deals in the Mexico Ride Hailing Market
- Major Companies Analysis

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