Press release
E-Hailing Market Size Projected To Reach $194.42 Billion By 2034 With A Cagr Of 44.1%
The E-Hailing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the E-Hailing Market?
The size of the e-hailing market has experienced significant expansion in the past few years. The market, which is projected to be valued at $67.65 billion in 2024, will see a significant jump to $81.49 billion in 2025, reflecting a compound annual growth rate (CAGR) of 20.5%. Factors that have fueled growth in the historic period include the proliferation of smartphones, the escalation of urbanization, enhancements in internet connectivity, the increasing necessity for convenient transportation, and the wide-spread adoption of digital payments.
The size of the e-hailing market is predicted to undergo substantial expansion in the coming years, reaching a value of $170.11 billion in 2029 with a compound annual growth rate (CAGR) of 20.2%. The upcoming period's growth is driven by factors such as the escalating demand for eco-friendly transportation, the augmenting incorporation of AI and automation, an increase in shared mobility acceptance, the advancement of smart city projects, and the extended penetration of 5G connectivity. Key trends projected during this period encompass strategic alliances, ride-hailing platforms, smart technologies, the embedding of artificial intelligence, and technological progression.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=21952
What Are the Different E-Hailing Market Segments?
The e-hailing market covered in this report is segmented -
1) By Service Type: Ride-Hailing, Taxi-Hailing, Carpooling, Peer-To-Peer (P2P) Services
2) By Vehicle Type: Cars, Three Wheelers, Two Wheelers
3) By End-Users: Personal Use, Business
Subsegments:
1) By Ride-Hailing: App-Based Ride-Hailing, Corporate Ride-Hailing, Luxury Ride-Hailing, Electric Vehicle (EV) Ride-Hailing
2) By Taxi-Hailing: Traditional Taxi-Hailing, Digital Taxi Booking, Shared Taxi Services, Subscription-Based Taxi Services
3) By Carpooling: Fixed-Route Carpooling, Dynamic Carpooling, Long-Distance Carpooling, Corporate Carpooling
4) By Peer-To-Peer (P2P) Services: Private Car Rentals, Community-Based Ride-Sharing, On-Demand P2P Rides, Subscription-Based P2P Mobility
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=21952&type=smp
What Are the Primary Drivers Shaping the E-Hailing Market?
The increasing issues with traffic congestion are predicted to fuel the expansion of the e-hailing market. Traffic congestion is a situation where roads are overloaded due to an excessive amount of vehicles, leading to decreased speeds, delays, and increased travel times. This surge in congestion is a result of urbanization, a growth in the number of vehicles, and insufficient infrastructure. E-hailing services contribute to relieving this escalating congestion problem by encouraging ride-sharing, streamlining routes, and reducing the demand for personal car ownership. To illustrate, INRIX Inc., a US-based company specializing in delivering real-time traffic information and connected driving services, claimed that in 2022, drivers in main U.S. urban areas, half of which were home to the world's ten most congested cities, spent an average of 51 hours stuck in traffic, an increase of 15 hours from the preceding year. Hence, the intensifying issue of traffic congestion is bolstering the e-hailing market's growth.
Which Companies Are Leading in the E-Hailing Market?
Major companies operating in the e-hailing market are Uber Technologies Inc., DiDi Global Inc., AirAsia Superapp Sdn Bhd, Grab Holdings Limited, inDrive, Bolt Technology OÜ, LALAMOVE LLC, Marti Technologies, Lularides Limited, PT GoTo Gojek Tokopedia Tbk, Movex Innovation Limited, EzCab Sdn Bhd, ATOM Mobility SIA, MyCar Sdn Bhd, Yelowsoft Pvt Ltd, Hala Ride, SpotnRides, M-TRIBES GmbH, Kumpool Sdn Bhd, BozaRide Technologies Limited.
What Are the Major Trends Shaping the E-Hailing Market?
Prominent businesses in the e-hailing industry are prioritizing technological progress such as e-hailing platforms to heighten safety, user satisfaction, and efficiency. An e-hailing platform is an online service that allies drivers with commuters for immediate travel through a mobile application. For example, BozaRide, an e-hailing platform based in South Africa, was initiated in Sandton, Johannesburg in March 2023, with the ambition to rival industry stalwarts such as Uber and Bolt. The firm intends to extend its services nationwide, concentrating on safety functions and a remuneration model developed to ensure equitable driver payment. BozaRide brands itself as a locally created platform adapting to the unique necessities of South African patrons.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/e-hailing-global-market-report
What Are the Top Revenue-Generating Geographies in the E-Hailing Market?
North America was the largest region in the e-hailing market in 2024. The regions covered in the e-hailing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the E-Hailing Market?
2. What is the CAGR expected in the E-Hailing Market?
3. What Are the Key Innovations Transforming the E-Hailing Industry?
4. Which Region Is Leading the E-Hailing Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release E-Hailing Market Size Projected To Reach $194.42 Billion By 2034 With A Cagr Of 44.1% here
News-ID: 3987187 • Views: …
More Releases from The Business Research Company

C-X-C Chemokine Receptor Type 2 Market on Track for Strong Growth, Estimated to …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the C-X-C Chemokine Receptor Type 2 Market Through 2025?
There has been a significant expansion in the market for C-X-C chemokine receptor type 2 in the past few years. The market is projected to increase from $1.24 billion in 2024 to $1.38 billion…

Top Market Shifts Transforming the Coenzyme Q10 Market Landscape: Key Insights
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Coenzyme Q10 Market Through 2025?
The market size of coenzyme Q10 has seen impressive expansion in the past years, with predictions stating an increase from $0.74 billion in 2024 up to $0.84 billion in 2025, implying a compound annual growth rate (CAGR)…

2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Unta …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Chimeric Antibody Market Through 2025?
In recent times, there has been a swift expansion in the chimeric antibody market size. We can expect an increase from $12.27 billion in 2024 to $13.74 billion in 2025, reflecting a compound annual growth rate (CAGR)…

2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Unta …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Chimeric Antibody Market Through 2025?
In recent times, there has been a swift expansion in the chimeric antibody market size. We can expect an increase from $12.27 billion in 2024 to $13.74 billion in 2025, reflecting a compound annual growth rate (CAGR)…
More Releases for Ride
Evolving Market Trends In The Ride Sharing Industry: Technological Innovations I …
The Ride Sharing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Ride Sharing Market Size and Its Estimated Growth Rate?
The market size of ride sharing has experienced significant growth in the past few years. It is expected to rise from $131.96…
Ride into the Future with the E Ride Pro
E Ride Pro takes you into the future of electric dirt biking with its innovative E Ride Pro S and E Ride Pro SS battery powered dirt bikes.
The company has been on a mission to revolutionize the dirt biking industry, bringing its clientele top of the range environmentally friendly bikes designed to deliver not only speed and power, but also sustainability.
Image: https://www.globalnewslines.com/uploads/2025/03/40c08f25ae351ef5a1f109bf98e648b5.jpg
The E Ride Pro S and E Ride Pro…
Ride Sharing Market: Opportunities & Developments
The global Ride Sharing Market is projected to grow at a CAGR of 16.6%, from an estimated $85.8 billion in 2021 to $185.1 billion by 2026.
Mobility service providers are investing in R&D activities to introduce EVs and other advanced types of vehicles in the ride-sharing industry.
Didi Chuxing (China), Uber Technologies, Inc (US), Gett (Israel), Lyft, Inc (US), and Grab (Singapore) are the prominent players in the ride sharing…
Ride Sharing Market - Insights & Trends
Ridesharing is convenient access to personal mobility whenever and wherever needed by using the transportation network system. Traditional taxicabs are a conventional way of opting for ride-sharing services. Ridesharing has evolved primarily in the last decade with the advent of the internet and smartphones. The modern ride-sharing industry disrupted mobility as a service landscape.
The Ride-Sharing Market is projected to grow at a CAGR of 19.87% during the forecast period, to…
Ride Sharing Market: Safety of Passengers Sharing the Ride Key Factor to Limit G …
Ride-sharing, also known as carpool, vanpool, dynamic ride-sharing, and instant ride-sharing, is a mode of traveling in which a single ride is shared by more than one anonymous passengers traveling along the same route. This method comprises picking different passengers from different places and ferrying them to same or different destinations. To comprehend recent trends and factors influencing growth of global ride sharing market, Market Research Hub (MRH) has included…
Key insights of Ride Sharing market: including key players BlaBlaCar, myTaxi, Wi …
efforts for energy efficiency or measures that are ecofriendly have turned into a trend that is engulfing all. Urban populations are now well aware of depleting resources of fossil fuel and their harmful repercussions, and are pledging for their share to protect the environment. One of the key efforts by common and responsible citizens of a number of countries is to share rides, also known as carpooling. Ride sharing not…