The Business Research Company’s latest report Ride Hailing Global Market Report 2020 covers Ride Hailing market drivers, Ride Hailing market trends, Ride Hailing market segments, Ride Hailing market growth rate, Ride Hailing market major players, and Ride Hailing market size. The report provides in-depth analysis of the impact of COVID-19 on the Ride Hailing industry, along with revised market numbers due to the effects of the coronavirus.
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Ride Hailing Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global Ride Hailing market reached a value of nearly $7,142.3 million in 2019, having increased at a compound annual growth rate (CAGR) of 5.9% since 2015. The market is expected to increase from $7,142.3 million in 2019 to $8,049.3 million in 2020 at a compound annual growth rate (CAGR) of 12.7%. The increase is mainly due to increase use of sterilization and disinfectants to combat COVID-19 pandemic across all countries in the world. The market is expected to grow at a CAGR of 6.95% from 2021 and reach $9,846.9 million in 2023.
The report covers the Ride Hailing market’s segments-
1) By Vehicle Type: Two-Wheeler, Three-Wheeler, Four-Wheeler, Others.
2) End-User: Commercial, Personal.
3) By Service Type: E-Hailing, Car Sharing, Station Based Mobility, Car Rental.
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