Press release
Ride Sharing Market to Reach USD 305.43 Bn by 2029, emerging at a CAGR of 17.2 percent and forecast 2023-2029
Ride Sharing Market
The Ride Sharing Market research report provides a comprehensive analysis covering product categorization, application, technological advancements, competitive landscape, industry overview, and policy analysis. It delves into the market's drivers, opportunities, and limitations, offering insights into global market potential. The report also highlights key production bases, technology sources, and raw material suppliers of major Ride Sharing Market players.
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Research Methodology:
The report's insights are derived from a rigorous research methodology, combining data from primary and secondary sources, industry experts, and market trends analysis. This robust approach ensures accuracy and reliability in the findings presented.
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What are Ride Sharing Market Dynamics:
Increasing Internet and Smartphone Penetration: The fast acceptance of smart devices such as smartphones and smart wearables, as well as the increased usage of internet data, has generated several chances for Ride Sharing services all over the world, hence magnifying the global ride sharing market growth. The essential need for using ride-hailing services is internet access. Users must utilise the internet to download ride-providing programmes on their cellphones in order to obtain ride information and navigation. Internet access is required for V2V communication, navigation, and telematics to work properly. Furthermore, the smartphone applications give numerous security measures such as the driver's identity, number, and image, vehicle number, route tracing data, and records of previous trips.
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Ride Sharing Market Regional Insights:
In 2022, the North American market dominated, with a value of USD 35.02 billion, driven by the rapid adoption of electric vehicles and technological advancements in transportation services. Meanwhile, Asia Pacific, with its burgeoning urban transportation sector and a focus on smart personal mobility, is anticipated to witness substantial growth.
What is Ride Sharing Market Segmentation:
by Service Type
• E-hailing
• Car sharing
• Station-based mobility
• Car rental
by Business Model
• P2P car sharing
• Corporate Car Sharing
by Vehicle Type
• Sedan/Hatchback
• UV
• Van
• Buses & Coaches
• Bikes
• Electric Vehicle
by Target Audience
• Corporate
• Families
• Daily commuters
• Others
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Who are Ride Sharing Market Key Players:
• Uber Technologies Inc (US)
• Lyft, Inc (US)
• Wingz, Inc (US)
• Curb Mobility (US)
• GoKid Corporation (US)
• Via Transportation, Inc. (US)
• Hertz Corporation (US)
• AVIS Budget Group (US)
• Hitch Technologies, Inc (US)
• Flywheel (US)
• Ziro (US)
• Alto (US)
• Turo (US)
• BlaBlaCar (France)
• Gett (UK)
• Cabify (Spain)
• Bhuumi Ride (India)
• OLA Cabs (India)
• DiDi Global Inc (China)
• Grab (Singapore)
• Bridj (Australia)
• Bolt Technology OÜ (Estonia)
• GO-JEK (Indonesia)
• Angkas (Philippine)
• SafeBoda (Uganda)
Table of content for the Ride Sharing Market includes:
1. Ride Sharing Market: Research Methodology
1. Ride Sharing Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Ride Sharing Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
1. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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