openPR Logo
Press release

Ride-hailing Market 2022 Driving Factors Forecast Research 2028

12-07-2022 07:54 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Ride-hailing Market

Ride-hailing Market

The global ride-hailing market is anticipated to grow significantly at a CAGR during the forecast period. High smartphone and internet penetration globally will drive the growth of the global ride-hailing market. In addition to this, greater funding to the startups of the ride-hailing and increasing cost of the vehicle will drive the growth of the market. Moreover, the growth is attributed to the introduction of new players to the ride-hailing industry. The rising population and growing traffic across the globe are the major restraints for the growth of the market. Besides, the market growth is limited by the decreasing international and domestic tourism owing to the COVID-19 curbs.

Get Free Sample link @ https://www.omrglobal.com/request-sample/ride-hailing-market-share

The COVID-19 impact is significant on the global ride-hailing market as the transport was restricted for the healthcare workers during the lockdown. The restrictions imposed during the lockdown negatively affected the growth of the market. For instance, Uber, a ride-hailing firm, suffered huge losses of around $2.9 billion in the first quarter of 2020 and the business was slowed down by 80%. Although, after the pandemic, the ride-hailing market will surge more as compared to the ride-sharing market.

full report of Ride-hailing Market available @ https://www.omrglobal.com/industry-reports/ride-hailing-market-share

• Market Coverage
• Market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Ride Hailing Market by Segment
By Vehicle Type
• Passenger Vehicle
• Two-Wheeler
• Other (Auto Rickshaw)
By Propulsion Technology
• IC Engine Vehicle
• Electric Vehicle

Global Ride Hailing Market by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/ride-hailing-market-share

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ride-hailing Market 2022 Driving Factors Forecast Research 2028 here

News-ID: 2837439 • Views: 75

More Releases from orion market research

Application Container Market 2023 Driving Factors Forecast Research 2029
The global application container market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing adoption of cloud-based computing systems and the increasing use of the Internet of Things (IoT) will fuel the further demand for the market during the forecast period. Due to the digital transformation initiatives taken up by many organizations, companies are replacing
PlayStation Network Market 2023 Driving Factors Forecast Research 2029
The global PlayStation network market is anticipated to grow at a significant CAGR during the forecast period. The market is being driven by increased demand for PlayStation Network. The increasing disposable income, people's preferences, technological development, and the convenience of the PlayStation network are all contributing to the market's growth. The PlayStation store is an alphanumeric digital media store accessible over the PlayStation network. The store offers a selection of
Finance Lease Market Size, Share & Trends Analysis Report By Forecast (2023-2029 …
The global finance lease market is anticipated to grow at a significant CAGR during the forecast period. The global finance leasing market is expected to be driven by rising demand for expensive machinery, equipment, and other critical assets from incumbents in industries such as healthcare, construction, and IT & telecom. A finance lease is a type of lease in which the lessor acquires the item required by the lessee,
Session Initiation Protocol (SIP) Trunking Market Is Likely to Experience a Trem …
Session initiation protocol (SIP) trunking market is expected to grow at a significant CAGR during the forecast period. The Session Initiation Protocol (SIP) trunk eliminates the need for traditional analog, T1-based Public Switched Telephone Network (PSTN) connections with termination, allowing businesses to connect to the internet via a SIP provider. As they offer PSTN service on a minute or channelized pricing model, these session initiation protocol providers are also known

All 5 Releases


More Releases for Ride

Ride Sharing Market: Opportunities & Developments
The global Ride Sharing Market is projected to grow at a CAGR of 16.6%, from an estimated $85.8 billion in 2021 to $185.1 billion by 2026. Mobility service providers are investing in R&D activities to introduce EVs and other advanced types of vehicles in the ride-sharing industry. Didi Chuxing (China), Uber Technologies, Inc (US), Gett (Israel), Lyft, Inc (US), and Grab (Singapore) are the prominent players in the ride sharing
Ride Sharing Market - Insights & Trends
Ridesharing is convenient access to personal mobility whenever and wherever needed by using the transportation network system. Traditional taxicabs are a conventional way of opting for ride-sharing services. Ridesharing has evolved primarily in the last decade with the advent of the internet and smartphones. The modern ride-sharing industry disrupted mobility as a service landscape. The Ride-Sharing Market is projected to grow at a CAGR of 19.87% during the forecast period, to
Ride Sharing Market: Safety of Passengers Sharing the Ride Key Factor to Limit G …
Ride-sharing, also known as carpool, vanpool, dynamic ride-sharing, and instant ride-sharing, is a mode of traveling in which a single ride is shared by more than one anonymous passengers traveling along the same route. This method comprises picking different passengers from different places and ferrying them to same or different destinations. To comprehend recent trends and factors influencing growth of global ride sharing market, Market Research Hub (MRH) has included
Key insights of Ride Sharing market: including key players BlaBlaCar, myTaxi, Wi …
efforts for energy efficiency or measures that are ecofriendly have turned into a trend that is engulfing all. Urban populations are now well aware of depleting resources of fossil fuel and their harmful repercussions, and are pledging for their share to protect the environment. One of the key efforts by common and responsible citizens of a number of countries is to share rides, also known as carpooling. Ride sharing not
Ride the wave of life, don’t let it ride you.
For immediate release This book “Ride the wave of life” by Anne Hofmann is aimed at helping you tackle life’s problems and become a happier and improved person in the process. It’s like having a conversation with a trusted friend, the one who always gives you great advice whenever you need it. You no longer have to be overwhelmed or intimidated by your experiences. This book is filled with practical tips and
Ride on Power Trowel Market Report 2018: Segmentation by Product (Hydrostatic Ri …
Global Ride on Power Trowel market research report provides company profile for Multiquip, Wacker Neuson, Allen Engineering, Altas Copco, Dragon, Parchem Construction, Bartell, Dynamic, MBW, Shenhua, Masterpac, Roadway and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018