Press release
Ride Sharing Market Trends, Scope, Industry Outlook And Growth Report 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Ride Sharing Market Size, Growth Rate, And Forecast
The global ride sharing market size is expected to grow from $95.09 billion in 2022 to $113.05 billion in 2023 at a compound annual growth rate (CAGR) of 18.89%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ride sharing market size is expected to reach $231.62 billion in 2027 at a CAGR of 19.64%.
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Ride Sharing Market Drivers
The increasing penetration of smart devices is expected to propel the growth of the ride-sharing market going forward. Smart devices refer to objects made intelligent with advanced computing, including AI and machine learning, and network to form the Internet of Things (IoT). Smart devices are used to keep an eye on drivers for rideshare companies. Smart devices transfer the user's identity from vehicle to vehicle in the not-too-distant future when self-driving automobiles are shared by several users, allowing for quick personalization.
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Ride Sharing Market Segments
1) By Type: Car Sharing, E-Hailing, Car Rental, Station-Based Mobility
2) By Membership type: Fixed Ridesharing, Corporate Ridesharing, Dynamic Ridesharing
3) By Target Audience: Corporate, Families, Daily Commuters, Other Target Audiences
4) By Business Model: P2P, B2B, B2C
5) By Application: Android, IOS, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Ride Sharing market.
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Ride Sharing Market Key Players
Major competitors in the Ride Sharing market include ANI Technologies Pvt. Ltd., BlaBlaCar, Cabify Espana S.L.U, Careem, Gett, GrabTaxi Holdings Pte.Ltd., Lyft Inc., Uber Technologies Inc., Didi Chuxing, car2go
The Table Of Content For The Ride Sharing Market Include:
1. Executive Summary
2. Ride Sharing Market Characteristics
3. Ride Sharing Market Trends And Strategies
4. Ride Sharing Market - Macro Economic Scenario
5. Ride Sharing Market Size And Growth
……
27. Ride Sharing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ride Sharing Market
29. Ride Sharing Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Ride Sharing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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