Comprehensive Overview of the Ride Sharing Market: Unveiling Market Insights
In its recent publication, MMR has released an extensive report on the ”Ride Sharing Market”, blending primary and secondary data analyses. Industry experts have meticulously scrutinized the Ride Sharing market from both local and global perspectives, providing a thorough examination of market size, share, and segment-specific insights. This report serves as an invaluable guide for potential investors.
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Scope and Research Methodology of the Ride Sharing Market Report:
This report offers an in-depth analysis of the Ride Sharing market at the global, regional, and country levels. It presents a comprehensive overview of the competitive landscape, detailing the business strategies adopted by key industry players. The report includes a list of key competitors, providing insights into their revenue, production capacity, sales, and global presence. Employing SWOT analysis, the strengths and weaknesses of key players are outlined. Furthermore, the report covers market dynamics, encompassing drivers, restraints, opportunities, and challenges.
Methodology:
Utilizing a bottom-up approach, the report estimates both global and regional Ride Sharing market sizes. Primary and secondary research methods were employed to gather data on market size, market share, regional insights, market dynamics, and historical industry data. A detailed value chain analysis is presented, elucidating the manufacturing process of Ride Sharing including information on raw materials, customers, and distributors. Additional analyses such as PORTER, PESTLE, and market attractiveness aid in understanding the Ride Sharing market at macro and micro levels.
Ride Sharing Market Industry Analysis and Progression:
Ride Sharing Market was valued at USD 117.84 Billion in 2023, and it is expected to reach USD 357.93 Billion by 2030, exhibiting a CAGR of 17.2 % during the forecast period (2024-2030)
Ride Sharing Market Classifications
Based on Type, the e-hailing segment will hold a major share in the global market during the forecast period. E-hailing ride services provide transportation to clients by contracting or employing a personal driver. Furthermore, rising demand for e-hailing services as a result of increased government attempts to promote public awareness about air pollution, passenger comfort, increasing traffic congestion, and convenience of booking are driving demand for Ride Sharing, particularly e-hailing.
by Service Type
E-hailing
Car sharing
Station-based mobility
Car rental
A car becomes an asset that costs the owner a lot of money to drive in; one may save money by driving with other people and splitting the gasoline expenses or charging the customer accordingly. The primary motivators for peer-to-peer vehicle sharing are ease and availability, financial savings, and enhanced mobility alternatives. The introduction of additional platforms for peer-to-peer ride sharing has considerably expanded the reach of the shared commute concept among ordinary commuters. Increased smartphone penetration and consumer awareness of the dangerous environmental impact of rising emissions have considerably encouraged shared travel as a viable alternative to private commute.
by Business Model
P2P car sharing
Corporate Car Sharing
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Ride Sharing Market Regional Analysis
Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Ride Sharing market in these countries, which covering North America – U.S., Canada, Mexico, Europe – UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific – China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America – Brazil, and Middle East and Africa.
The following companies are included in the market for Ride Sharing :
1. Uber Technologies Inc (US)
2. Lyft, Inc (US)
3. Wingz, Inc (US)
4. Curb Mobility (US)
5. GoKid Corporation (US)
6. Via Transportation, Inc. (US)
7. Hertz Corporation (US)
8. AVIS Budget Group (US)
9. Hitch Technologies, Inc (US)
10.Flywheel (US)
11.Ziro (US)
12.Alto (US)
13.Turo (US)
14.BlaBlaCar (France)
15.Gett (UK)
16.Cabify (Spain)
17.Bhuumi Ride (India)
18.OLA Cabs (India)
19.DiDi Global Inc (China)
20.Grab (Singapore)
21.Bridj (Australia)
22.Bolt Technology OÜ (Estonia)
23.GO-JEK (Indonesia)
24.Angkas (Philippine)
25.SafeBoda (Uganda)
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Crucial Products:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Application, Technology, Type, End-User and Region
- Competitive Landscape – Profiles of selected key players by region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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