Ride sharing is the sharing of vehicles by passengers as a transportation alternative. Ride sharing is not exactly an on-demand service and requires a little planning. Ride sharing is primarily intended to reduce vehicle costs, traffic congestion, and automobile emissions. The necessary prerequisite for a person in order to avail the benefits of the ride sharing transportation service, is a smartphone app. Drivers of privately-owned cars partner up with a ridesharing company in order to provide rides to commuters.
The market concentration rate of Ride Sharing is high. Though there are many small players in Global, the leading brands occupy large market share. Top 5 took up more than 79.04% of the global market in 2017.
According to this study, over the next five years the Ride Sharing market will register a 22.0% CAGR in terms of revenue, the global market size will reach USD 80500 million by 2024, from USD 24400 million in 2019. In particular, this report presents the global revenue market share of key companies in Ride Sharing business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Ride Sharing market by product type, application, key companies and key regions.
This study considers the Ride Sharing value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
PC Terminal
Mobile Terminal
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Age 18-24
Age 25-34
Age 35-44
Age 45-54
Age 55-64
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Uber
Lyft
Fasten
Haxi
Via
Didi Chuxing
Ola Cabs
Grab
Go-Jek
BlaBlaCar
myTaxi
Dida Chuxing
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Ride Sharing market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ride Sharing market by identifying its various subsegments.
Focuses on the key global Ride Sharing players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ride Sharing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Ride Sharing submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
