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On Demand Transportation Global Market Size, Share, Growth, Trends, By Vehicle Type, By Service Type, Regional Outlook And Forecast 2023-2032 | Avis Budget Group Inc., BlaBlaCar, Careem Inc., Curb Mobility, Daimler AG
On Demand Transportation Market
On Demand Transportation Market Size, Growth Rate, And Forecast
The global on-demand transportation market size grew from $133.09 billion in 2022 to $161.79 billion in 2023 at a compound annual growth rate (CAGR) of 21.6%. 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 on-demand transportation market size is expected to grow to $341.7 billion in 2027 at a CAGR of 20.6%.
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On Demand Transportation Market Drivers
Growing tourism and a working-class population are expected to propel the growth of the on-demand transportation market going forward. Tourism refers to a social and economic phenomenon that entails the movement of people to countries or places outside their usual environment for personal, business, or professional purposes.
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On Demand Transportation Market Segments
• By Type: Ride-Sharing, Vehicle Rental/Leasing, Ride Sourcing
• By Vehicle: Four-Wheeler, Micro Mobility
• By Application: Passenger Transportation, Goods Transportation
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the On Demand Transportation market.
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On Demand Transportation Market Key Players
Major competitors in the On Demand Transportation market include Avis Budget Group Inc., BlaBlaCar, Bayerische Motoren Werke Group AG, Bolt, Cabify, Careem Inc., Curb Mobility, Daimler AG, Europcar Mobility Group, Ford Motor Company, General Motor Company, Gett Inc., Grab Holdings Inc., Hyundai Motor Company, International Business Machines Corporation (IBM), Lyft Inc., Didi Chuxing Technology Co, Enterprise Holdings Inc., and Jugnoo
The Business Research Company's "Global On Demand Transportation 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.
The Table of Content for The On Demand Transportation Market Include:
1. Executive Summary
2. On Demand Transportation Market Characteristics
3. On Demand Transportation Market Trends And Strategies
4. On Demand Transportation Market - Macro Economic Scenario
5. On Demand Transportation Market Size And Growth
.....
26. Africa On Demand Transportation Market
27. On Demand Transportation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The On Demand Transportation Market
29. On Demand Transportation Market Future Outlook and Potential Analysis
30. Appendix
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