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Ridesharing Services Market Size, Share, Trends, Growth Outlook

Ridesharing Services Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Service Type(E-Hailing, Car Sharing, Station-Based Mobility, Car Rental), By Vehicle(ICE Vehicle, Electric Vehicle, CNG/LPG Vehicle, Micro Mobility Vehicle), By Membership Type(Fixed Ridesharing, Dynamic Ridesharing, Corporate Ridesharing) and Companies Report.

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  • |Published Month : October, 2024
  • |No. of Pages : 180

The Global Ridesharing Services Market Size is estimated to register 18.5% growth over the forecast period from 2023 to 2030.

 

Ridesharing Services Market Overview

The market is driven by the development and testing of autonomous vehicles. Ride-sharing platforms are exploring diverse business models, including subscription services, multi-modal transportation integration, and partnerships with public transportation. Governments and consumers alike are pushing for greener alternatives, influencing the shift toward electric mobility. The rise of micro-mobility services, such as e-scooters and e-bikes, is being integrated into ride-sharing platforms. Ride-sharing services are forming partnerships with public transportation systems to create integrated solutions. Changing consumer preferences, including a preference for on-demand services, shared mobility, and flexible transportation options, are influencing the growth of ride-sharing services.

 

Market dynamics

Market trend: The significant momentum behind the integration of electric vehicles (EVs) into ride-sharing services is driven by a heightened commitment to sustainability.

The increasing adoption of electric vehicles (EVs) in the ride-sharing services market is a significant driver stemming from a growing emphasis on sustainability. Ride-sharing services, acknowledging their pivotal role in urban mobility, are proactively incorporating electric vehicles into their fleets in response to the increasing demand for greener alternatives. Many jurisdictions are implementing policies and regulations that incentivize the use of electric vehicles in ride-sharing services, encompassing measures such as tax credits, subsidies, or regulatory frameworks. An environmentally conscious consumer base actively seeks sustainable options, and ride-sharing services that prioritize electric mobility stand to attract and retain this segment of users.

 

Market driver: The pursuit of new business models by ride-sharing platforms emerges as a dynamic driver, exerting a considerable impact on the market.

The exploration of evolving business models by ride-sharing platforms represents a dynamic driver that significantly impacts the market. Subscription services, for instance, provide users with more flexible and cost-effective options, contributing to heightened customer satisfaction and loyalty. Users can seamlessly plan and pay for journeys that combine ride-sharing with other modes of transportation, such as buses or trains. By collaborating with public transportation systems, these platforms offer users the convenience of planning and paying for entire journeys, promoting a seamless and efficient travel experience. This strategic approach not only caters to the growing demand for integrated mobility solutions but also expands the market reach of ride-sharing services
 

Market Opportunity:  The initiation of partnerships between ride-sharing services and public transportation systems serves as a strategic driver, notably propelling the market forward.

The establishment of partnerships between ride-sharing services and public transportation systems is a strategic driver that significantly propels the market forward. These collaborations contribute to increased ridership for both ride-sharing services and traditional public transit. Ride-sharing platforms benefit from heightened utilization as users perceive them as integral components of a well-connected transportation network, further driving market growth. Governments and municipalities frequently support and incentivize such collaborations as part of their efforts to create more efficient and environmentally friendly urban transportation systems.

 

Market share analysis: E-hailing currently leads in market share among E-Hailing, Car Sharing, Station-Based Mobility, and Car Rental in the ride-sharing services market

E-hailing currently holds the largest market share among E-Hailing, Car Sharing, Station-Based Mobility, and Car Rental in the ride-sharing services market. E-hailing offers instant booking and door-to-door service, catering to users seeking quick and hassle-free transportation. From budget-friendly rides to luxury vehicles and shared rides, e-hailing caters to diverse user needs and budgets. Mobile apps, real-time tracking, and seamless payment integration enhance the user experience and drive market adoption.

 

ICE Vehicles currently dominate the ride-sharing services market, holding the largest market share

ICE Vehicles currently hold the largest market share among ICE Vehicles, Electric Vehicles, CNG/LPG Vehicles, and Micro Mobility Vehicles in the ride-sharing services market. ICE vehicles are widely available, have established refueling infrastructure, and are often more affordable to purchase compared to other types. Users have a wider range of options to choose from, including sedans, SUVs, and vans, catering to diverse passenger capacities and luggage needs. ICE vehicles offer greater range and flexibility for longer trips beyond the city limits, appealing to users who need to travel further.

 

Ridesharing Services Market Segmentation

By Service Type

  • E-Hailing
  • Car Sharing
  • Station-Based Mobility
  • Car Rental

By Vehicle

  • ICE Vehicle
  • Electric Vehicle
  • CNG/LPG Vehicle
  • Micro Mobility Vehicle

By Membership Type

  • Fixed Ridesharing
  • Dynamic Ridesharing
  • Corporate Ridesharing

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Ridesharing Services Market companies

  • Lyft (United States)
  • DiDi (China)
  • Uber (United States)
  • Grab (Singapore)
  • Ola (India)
  • Car2go (United States)
  • BlaBlaCar (France)
  • Lime (United States)
  • Gett (Israel)
  • Herts (United States)

*List not exhaustive

Ridesharing Services Market Outlook 2023

1 Market Overview

1.1 Introduction to the Ridesharing Services Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Ridesharing Services Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Ridesharing Services Market Companies with Area Served

4.2.2 Products Offerings Global Ridesharing Services Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 post-COVID-19 Scenario- Reference Growth Case

5.1.4 post-COVID-19 Scenario- Low Growth Case

 

6 Global Ridesharing Services Market Trends

6.1 Global Ridesharing Services Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Ridesharing Services Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Ridesharing Services Revenue (USD Million) and CAGR (%) by regions (2018-2030)

 

7 Global Ridesharing Services Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Ridesharing Services Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Ridesharing Services Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Ridesharing Services Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Ridesharing Services Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Ridesharing Services Development Regional Status and Outlook

8.1 Global Ridesharing Services Revenue (USD Million) By Regions (2018-2022)

8.2 North America Ridesharing Services Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Ridesharing Services Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Ridesharing Services Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Ridesharing Services Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Ridesharing Services Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Ridesharing Services Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Ridesharing Services Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Ridesharing Services Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Ridesharing Services Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Ridesharing Services Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Ridesharing Services Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Ridesharing Services Revenue (USD Million) by Applications (2018-2022)

8.5 South America Ridesharing Services Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Ridesharing Services Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Ridesharing Services Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Ridesharing Services Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Ridesharing Services Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Ridesharing Services Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Ridesharing Services Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Ridesharing Services Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Ridesharing Services Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Ridesharing Services Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Ridesharing Services Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Ridesharing Services Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Ridesharing Services Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Ridesharing Services Development Regional Status and Outlook Forecast

11.1 Global Ridesharing Services Revenue (USD Million) By Regions (2023-2030)

11.2 North America Ridesharing Services Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Ridesharing Services Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Ridesharing Services Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Ridesharing Services Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Ridesharing Services Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Ridesharing Services Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Ridesharing Services Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Ridesharing Services Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Ridesharing Services Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Ridesharing Services Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Ridesharing Services Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Ridesharing Services Revenue (USD Million), by Applications (2023-2030)

11.5 South America Ridesharing Services Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Ridesharing Services Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Ridesharing Services Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Ridesharing Services Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Ridesharing Services Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Ridesharing Services Revenue (USD Million), by region (2023-2030)

11.6.2 Middle East and Africa Ridesharing Services Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Ridesharing Services Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Ridesharing Services Market Companies with Areas Served

Table 3 Products Offerings Global Ridesharing Services Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Ridesharing Services Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Ridesharing Services Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Ridesharing Services Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Table 11 Global Ridesharing Services Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Ridesharing Services Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Ridesharing Services Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Ridesharing Services Market Share (%) By Regions (2018-2022)

Table 16 North America Ridesharing Services Revenue (USD Million) By Country (2018-2022)

Table 17 North America Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Table 18 North America Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Ridesharing Services Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Ridesharing Services Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Ridesharing Services Revenue (USD Million) By Country (2018-2022)

Table 26 South America Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Table 27 South America Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Ridesharing Services Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Table 33 Global Ridesharing Services Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Ridesharing Services Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Ridesharing Services Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Ridesharing Services Revenue (USD)By Country (2023-2030)

Table 38 North America Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Table 39 North America Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Ridesharing Services Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Ridesharing Services Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Ridesharing Services Revenue (USD Million) By Country (2023-2030)

Table 47 South America Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Table 48 South America Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Ridesharing Services Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Ridesharing Services Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Ridesharing Services Revenue Market Share (%) By Type (2022)

Figure 5 Global Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Ridesharing Services Revenue Market Share (%) By Applications (2022)

Figure 7 Global Ridesharing Services Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Ridesharing Services Market Share (%) By Regions (2022)

Figure 9 North America Ridesharing Services Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Ridesharing Services Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Ridesharing Services Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Ridesharing Services Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Ridesharing Services Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Ridesharing Services Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Ridesharing Services Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Ridesharing Services Revenue Market Share (%) By Type (2030)

Figure 26 Global Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Ridesharing Services Revenue Market Share (%) By Applications (2030)

Figure 28 Global Ridesharing Services Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Ridesharing Services Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Ridesharing Services Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Ridesharing Services Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Ridesharing Services Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Ridesharing Services Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Ridesharing Services Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Ridesharing Services Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Ridesharing Services Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

 

Ridesharing Services Market Segmentation

By Service Type

  • E-Hailing
  • Car Sharing
  • Station-Based Mobility
  • Car Rental

By Vehicle

  • ICE Vehicle
  • Electric Vehicle
  • CNG/LPG Vehicle
  • Micro Mobility Vehicle

By Membership Type

  • Fixed Ridesharing
  • Dynamic Ridesharing
  • Corporate Ridesharing

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)