+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Ride Hailing Global Market Report 2020-30: COVID-19 Growth and Change

  • ID: 5027885
  • Report
  • May 2020
  • Region: Global
  • 200 pages
  • The Business Research Company
1 of 5

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • Addison Lee Ltd.
  • Daimler AG.
  • DiDi Chuxing
  • inDriver
  • Ola
  • Uber Technologies Inc.
  • MORE
Ride Hailing Global Market Report 2020: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global ride hailing market.

This report focuses on ride hailing market which is experiencing strong growth. The report gives a guide to the ride hailing market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3 working days of order.
Description:
Where is the largest and fastest growing market for the ride hailing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Ride Hailing global market report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider ride hailing market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The ride hailing market section of the report gives context. It compares the ride hailing market with other segments of the ride hailing market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, ride hailing indicators comparison.
Scope

Markets Covered:
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

Companies Mentioned: Uber Technologies Inc.; Grab; ANI Technologies Pvt. Ltd.; Gett Inc.; Lyft Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

This report will be delivered within 1-3 business days.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Addison Lee Ltd.
  • Daimler AG.
  • DiDi Chuxing
  • inDriver
  • Ola
  • Uber Technologies Inc.
  • MORE
1. Executive Summary

2. Ride Hailing Market Characteristics

3. Ride Hailing Market Size And Growth
3.1. Global Ride Hailing Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Ride Hailing Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market

4. Ride Hailing Market Segmentation
4.1. Global Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Two Wheeler
  • Three Wheeler
  • Four Wheeler
  • Others
4.2. Global Ride Hailing Market, Segmentation End-user , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Commercial
  • Personal
4.3. Global Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • E-Hailing
  • Car Sharing
  • Station based Mobility
  • Car rental
5. Ride Hailing Market Regional And Country Analysis
5.1. Global Ride Hailing Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Ride Hailing Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

6. Asia-Pacific Ride Hailing Market
6.1. Asia-Pacific Ride Hailing Market Overview
6.2. Asia-Pacific Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6.3. Asia-Pacific Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

7. China Ride Hailing Market
7.1. China Ride Hailing Market Overview
7.2. China Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion
7.3. China Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

8. India Ride Hailing Market
8.1. India Ride Hailing Market Overview
8.2. India Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
8.3. India Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

9. Japan Ride Hailing Market
9.1. Japan Ride Hailing Market Overview
9.2. Japan Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
9.3. Japan Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

10. Australia Ride Hailing Market
10.1. Australia Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
10.2. Australia Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

11. Indonesia Ride Hailing Market
11.1. Indonesia Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
11.2. Indonesia Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

12. South Korea Ride Hailing Market
12.1. South Korea Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
12.2. South Korea Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

13. Western Europe Ride Hailing Market
13.1. Western Europe Ride Hailing Market Overview
13.2. Western Europe Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
13.3. Western Europe Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

14. UK Ride Hailing Market
14.1. UK Ride Hailing Market Overview
14.2. UK Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
14.3. UK Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

15. Germany Ride Hailing Market
15.1. Germany Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
15.2. Germany Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

16. France Ride Hailing Market
16.1. France Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
16.2. France Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

17. Eastern Europe Ride Hailing Market
17.1. Eastern Europe Ride Hailing Market Overview
17.2. Eastern Europe Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
17.3. Eastern Europe Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

18. Russia Ride Hailing Market
18.1. Russia Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
18.2. Russia Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

19. North America Ride Hailing Market
19.1. North America Ride Hailing Market Overview
19.2. North America Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
19.3. North America Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

20. USA Ride Hailing Market
20.1. USA Ride Hailing Market Overview
20.2. USA Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
20.3. USA Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

21. South America Ride Hailing Market
21.1. South America Ride Hailing Market Overview
21.2. South America Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
21.3. South America Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

22. Brazil Ride Hailing Market
22.1. Brazil Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
22.2. Brazil Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

23. Middle East Ride Hailing Market
23.1. Middle East Ride Hailing Market Overview
23.2. Middle East Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
23.3. Middle East Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

24. Africa Ride Hailing Market
24.1. Africa Ride Hailing Market Overview
24.2. Africa Ride Hailing Market, Segmentation Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
24.3. Africa Ride Hailing Market, Segmentation By Service Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

25. Ride Hailing Market Competitive Landscape And Company Profiles
25.1. Ride Hailing Market Competitive Landscape
25.2. Ride Hailing Market Company Profiles
25.2.1. Uber Technologies Inc.
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Grab
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. ANI Technologies Pvt. Ltd.
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Gett Inc.
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Lyft Inc.
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Ride Hailing Market

27. Ride Hailing Market Trends And Strategies

28. Ride Hailing Market Future Outlook and Potential Analysis

29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. About the Publisher
29.5. Copyright And Disclaimer
Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • Addison Lee Ltd.
  • Daimler AG.
  • DiDi Chuxing
  • inDriver
  • Ola
  • Uber Technologies Inc.
  • MORE
Major players in the ride hailing market are Uber Technologies Inc., Grab, ANI Technologies Pvt. Ltd., Gett Inc., Lyft Inc., DiDi Chuxing, Delphi Automotive, Daimler AG., BlaBlaCar, and Didi Chuxing Technology Co.

The global ride hailing market is expected to decline from $60.5 billion in 2019 and to $52.07 billion in 2020 at a compound annual growth rate (CAGR) of -13.88%. The decline is mainly due to the COVID-19 outbreak, extending lockdown across countries and the measures to contain it. The market is then expected to recover and reach $85.48 billion in 2023 at CAGR of 17.97%.

The ride-hailing market consists of revenue generated by ride-hailing used for passenger transportation service in which the passengers are connected with the vehicle drivers through a smartphone-based app. The industry comprises establishments primarily engaged in providing passenger transportation by automobile or van, not operated over regular routes and on regular schedules. Establishments of taxicab owners/operators, taxicab fleet operators, or taxicab organizations are included in this industry.

North America was the largest region in the Ride hailing market in 2019. Asia Pacific is expected to be the fastest growing region in the forecast period.

Ride-hailing services have been advancing in the past few years by delivering innovative facilities to riders all over the world. Using a ride-hailing app on an Android device has now become very common. For instance, Uber is a ride-hailing app from which we can request a women driver. This feature is mainly implemented to focus on the safety of a woman which helps to stay protected with a verified profile of a woman driver before committing the journey. A major initiative is promoted by Safr, which permits the female passengers to select the gender of the driver, offers complete details about the driver’s training. Similarly, HopSkipDrive is another ride-hailing app that gives safe and smarter transportation solutions to children by employing professional care drivers who have a minimum of 5year experience in caregiving.

The ride hailing market covered in this report is segmented by vehicle type into two wheeler, three wheeler, four wheeler, others. It is also segmented by end-user into commercial, personal and by service type into e-hailing, car sharing, station based mobility, car rental.

Ride-hailing service providers need to follow several state and central laws for uninterrupted services. For instance, in U.S, driver-related regulations include requirements for background checks, driver’s licenses, vehicle registrations, special licenses such as business licenses, and external vehicle displays. While, the company-related regulations include requirements for the number of ride-hailing vehicles operating in a metropolitan area, providing a list of drivers to the city, and sharing trip data with the city. In some countries, fingerprint-based background checks are mandatory. This is because of the reported incidents of sexual assault and violence. In February 2020, a report from the Union of Concerned Scientists shows that the average U.S. ride-hailing trip results in 69% more pollution than the transportation choices it displaces, based on federal vehicle efficiency statistics. The environmental concern has enforced certain regulations on pollution control. Therefore, more restrict regulations are coming into force and compliance with these government regulations may act as a restraining factor to the ride-hailing service market growth.

In March 2019, Uber is an American multinational ride-hailing company that acquired Careem for $3.1 billion amount. This provides an opportunity for both companies to rapidly expand and capitalize on the region’s underpenetrated mobility opportunity and the growing digital economy. The transaction would be the largest-ever technology industry transaction in the greater Middle East region. Careem is the internet platform for the greater Middle East region. A pioneer of the region’s ride-hailing economy, Careem is expanding services across its platform to include mass transportation, delivery, and payments.

On-demand transportation services and a lower rate of car ownership among millennials is driving the growth of the ride-hailing market. On-demand transportation services is characterized by flexible routing and ad-hoc scheduling of private vehicles offering personal transport experience to the general public by picking or dropping at locations of passenger’s choice. On-demand ride-hailing services ensure that customers can accurately locate the vehicles, track their journey, and offer safety to the occupants, and this factor is expected to significantly drive the market growth. Additionally, lower rate of car ownership among millennials due to the high maintenance cost of personal cars is resulting in the rise in demand for ride-hailing services. The millennials are choosing practical, smartphone accessible transport options that are simple, flexible and inexpensive over car ownership. Also, buying a new car and maintaining it is costlier than renting a vehicle every year. Thus, gradual penetration of such car ownership (car rentals) is estimated to fuel its demand across the globe in the coming years. Hence, on-demand transportation services and a lower rate of car ownership among millennials drive the growth of the ride-hailing market.
Note: Product cover images may vary from those shown
4 of 5
  • Uber Technologies Inc.
  • Grab
  • ANI Technologies Pvt. Ltd.
  • Gett Inc.
  • Lyft Inc.
  • DiDi Chuxing
  • Delphi Automotive
  • Daimler AG.
  • BlaBlaCar
  • Didi Chuxing Technology Co.,
  • Denso Corporation
  • Yandex.Taxi B.V.
  • Ola
  • Beijing Xiaoju Technology Co. Ltd.
  • TomTom NV
  • Lime (US)
  • inDriver
  • RideCell Inc.
  • Bolt Technology OÜ
  • VOXTUR SAS
  • Addison Lee Ltd.
Note: Product cover images may vary from those shown
5 of 5

Loading
LOADING...

Adroll
adroll