Ride Sharing Market by Micro-Mobility, Technology, Car Sharing

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MarketsandMarkets Presents

Ride Sharing Market by Micro-Mobility,
Technology, Car Sharing
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obility-on-demand-market-198699113.html
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The Ride Sharing Market is projected to grow at a
CAGR of 19.87 from 2018 to 2025, to reach a
market size of USD 218.0 billion by 2025 from USD
61.3 billion in 2018. The major drivers of this
market include the growing need for personal
mobility in the wake of rising urbanization and
fall in car ownership. Also, growing Internet and
smartphone penetration and stringent CO2
reduction targets are leading to the high growth
of the market. Get The PDF Brochure For This
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Tables and 48 Figures spread through 202 Pages
and in-depth TOC on "Ride Sharing Market
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obility-on-demand-market-198699113.html
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Payment service is estimated to be the fastest
growing segment during the forecast period The
payment service market is growing at the fastest
CAGR during the forecast period. service
providers use payment gateway for online payment
processing. International expansion of service
providers and payments in foreign currency are
likely to boost the growth of the payment service
segment. Electric vehicles have the potential to
disrupt the market in the future The electric
vehicle market is growing at the fastest CAGR
during the forecast period. This growth is
attributed to favorable government policies,
better infrastructure, and growing awareness of
CO2 emission. IC engine vehicles have the largest
share in the market as these vehicles are most
widely adopted and used globally. Request Sample
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E-hailing is expected to be the largest
contributor in the ride sharing market, by
service type, during the forecast
period E-hailing is the largest segment in the
market in terms of value. E-hailing is the most
widely used service. The growth of e-hailing is
attributed to its user-friendliness and
convenience to consumers. E-hailing is dominant
all across the globe owing to more presence of
the players and the ease of access to such
services. Rest of the World region is expected
to account for the fastest growth during the
forecast period The key countries considered in
RoW include Brazil, South Africa, and UAE. These
countries have a well-established urban
infrastructure. The ride sharing market is
growing in the RoW region as countries such as
UAE and Brazil are increasing their investment in
urban infrastructure. The Asia Oceania region
leads the market in terms of market size. Growing
population and increasing urbanization are
driving the growth in market. Increasing
urbanization leads to traffic congestion, and
growing population would boost the demand for
different mobility options in urban areas. Dont
miss out on business opportunities in Ride
Sharing Market. Speak to our analyst and gain
crucial industry insights that will help your
business grow.
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Key Players The market is dominated by global
players and comprises several regional players.
Some of the key players in the market are Uber
(US), Lyft (US), DiDi (China), Grab (Singapore),
Gett (Israel), Ola (India), BlaBlaCar (France),
Lime (US), and Herts (US). https//
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on-demand-market-198699113.html
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