Driving Toward the Future : Allied Market Research Predicts Ride-Sharing Market to Surge to $205.8 Billion by 2030

According to the report published by Allied Market Research, the global ride sharing market was estimated at $59.53 billion in 2020 and is expected to hit $205.83 billion by 2030, registering a CAGR of 13.2% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/14081

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.

Ride sharing involves adding passengers to a private trip in which driver and passengers share a destination. Such an arrangement provides additional transportation options for riders while allowing drivers to fill otherwise empty seats in their vehicles. Traditional forms of ridesharing include carpooling and vanpooling. This service can be for short-or long-distance trips. Travelers share trip costs through ridesharing platforms that charge a fee for making the connection.

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐫𝐢𝐝𝐞 𝐬𝐡𝐚𝐫𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐚𝐧𝐚𝐥𝐲𝐳𝐞𝐝 𝐚𝐜𝐫𝐨𝐬𝐬 𝐛𝐨𝐨𝐤𝐢𝐧𝐠 𝐭𝐲𝐩𝐞, 𝐜𝐨𝐦𝐦𝐮𝐭𝐞 𝐭𝐲𝐩𝐞, 𝐯𝐞𝐡𝐢𝐜𝐥𝐞 𝐭𝐲𝐩𝐞, 𝐚𝐧𝐝 𝐫𝐞𝐠𝐢𝐨𝐧.

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.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 - https://www.alliedmarketresearch.com/ride-sharing-market/purchase-options

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.

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.

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.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/14081

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
https://www.alliedmarketresearch.com/car-sharing-market-A07125 - Car Sharing Market Size, Share, Competitive Landscape and Trend Analysis Report by Model (Peer-to-Peer Car Sharing, Station Based Car Sharing, Free Floating Car Sharing), by Trip Type (Round Trip, One-Way Trip), by Application (Corporate Business, Private), by Vehicle Class (Economy Class, Mid-Range Class, Executive Class, Luxury Class) and by Fuel Type (Battery Electric Vehicle, Hybrid Electric Vehicle, Internal Combustion Engine Vehicles): Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/ride-hailing-service-market - Ride-Hailing Service Market Size, Share, Competitive Landscape and Trend Analysis Report by Service Type (E-hailing, Car Sharing, Car Rental, and Station-based Mobility), Vehicle Type (Two-wheeler, Three-wheeler, Four-wheeler, and Others), Location (Urban and Rural), and End User (Institutional and Personal): Global Opportunity Analysis and Industry Forecast, 2018 - 2025

https://www.alliedmarketresearch.com/shared-mobility-market-A10179 - Shared Mobility Market Size, Share, Competitive Landscape and Trend Analysis Report by Service Model (Bike Sharing, Car Sharing, Ride-hailing, Public Transit, Microtransit), by Vehicle Type (Two-wheelers, Passenger Cars, Buses and Rails, Others), by Vehicle Propulsion (IC Engines, Electric and Hybrid Vehicles, Others), by Sales Channel (Offline, Online): Global Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/mobility-as-a-service-market - Mobility-As-A-Service Market Size, Share, Competitive Landscape and Trend Analysis Report by Transportation Type (Public, Private), by Service Type (Ride Hailing, Micromobility, Car Sharing, Train Services, Bus Sharing), by Vehicle Type (Micromobility, Four Wheelers, Trains, Buses), by Operating System (Android, iOS, Others), by Propulsion Type (ICE Vehicle, Electric Vehicle, Hybrid Electric Vehicle, Others), by Mode (Public, Private) and by Business Model (Business-to-Business, Business-to-Consumer, Peer-to-Peer): Global Opportunity Analysis and Industry Forecast, 2023-2032

Contact:
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.