Press release
On-Demand Travel: Exploring the Phenomenon of Ride Sharing
Rise in demand for carpool & bike pool services, growing inclination toward online booking channels, and surge in cost of vehicle ownership drive the growth of the ride sharing market. On the other hand, improvement of public transportation and resistance from the local transport services coupled with varying government regulations in different countries impede the growth to some extent. However, development of robo-taxies and emergence of eco-friendly electric cab services are expected to create lucrative opportunities in the industry.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ: https://alliedmarketresearch.com/request-sample/14081
COVID-19 scenario on Ride Sharing Industry-
The outbreak of the pandemic gave way to a steep decline in demand for taxi and cab services across the world, especially in the initial phase. This factor impacted the global ride sharing market negatively.
However, the global situation is now getting better and the market is projected to get back on track soon.
The global ride sharing market is analyzed across booking type, commute type, vehicle type, and region.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ https://www.alliedmarketresearch.com/request-for-customization/14081
Based on booking type, the online booking segment accounted for 87% of the total market share in 2020, and is expected to rule the roost by 2030. The same segment would also garner the fastest CAGR of 13.7% throughout the forecast period.
Based on commute type, the intracity segment contributed to nearly four-fifths of the total market revenue in 2020, and is projected to lead the trail by 2030. The intercity segment, however, would exhibit the fastest CAGR of 15.2% during the forecast period.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐ก๐ ๐๐๐ญ๐? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ก๐๐ซ๐ ๐๐ญ https://www.alliedmarketresearch.com/purchase-enquiry/14081
Based on region, the market across Europe held the major share in 2020, garnering nearly one-third of the global market. LAMEA, on the other hand, would manifest the fastest CAGR of 16.0% throughout the forecast period. The other provinces discussed in the report include North America and Asia-Pacific.
The key market players analyzed in the global ride sharing market report include Beijing Xiaoju Technology Co, Ltd. (Didi Chuxing), BlaBlaCar, Cabify Espana S.L.U., Uber Technologies Inc., Careem, Gett, GrabTaxi Holdings Pte. Ltd., Lyft, Inc., Yandex, and ANI Technologies Pvt. Ltd. (OLA).These market players have adhered to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Car Sharing Market- https://www.alliedmarketresearch.com/car-sharing-market-A07125
Ride-Hailing Service Market - https://www.alliedmarketresearch.com/ride-hailing-service-market
Bike Sharing Market- https://www.alliedmarketresearch.com/bike-sharing-market-A11309
Scooter Sharing Market - https://www.alliedmarketresearch.com/scooter-sharing-market-A11375
Shared Mobility Market- https://www.alliedmarketresearch.com/shared-mobility-market-A10179
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