Global Ride Hailing Services
Market Report
2025
As per Cognitive Market Research's latest published report, the Global Ride-Hailing Services market size was USD 46.16 Billion in 2022 and it is forecasted to reach USD 111.45 Billion by 2030. Ride-Hailing Services Industry's Compound Annual Growth Rate will be 4.87 % from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Ride-Hailing Services market size was USD 46.16 Billion in 2022 and it is forecasted to reach USD 111.45 Billion by 2030. Ride-Hailing Services Industry's Compound Annual Growth Rate will be 4.87 % from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Ride Hailing Services Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 4.87% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Service Type |
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Market Split by Application |
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Market Split by Vehicle Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Ride Hailing Services industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Ride Hailing Services Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Ride-hailing refers to the act of a customer ordering a ride online, usually through a smartphone application. A customer orders a ride from a ride-hailing platform. Ride-hailing apps offer a safe and secure alternative to public transport. Users request a ride through the company's mobile app to have a ride-hailing service specifying their pickup and drop-off locations. The app then matches the rider with a nearby driver who is available to pick them up.
The rising penetration of smartphones in the worldwide and growing demand for technology-based transport modes is the main driving factor contributing to the growth of the global ride-hailing services market during the forecast period. As urban populations grow, ride-hailing is becoming a major mode of transportation, eliminating the need for personal car ownership. Additionally, the increasing popularity of alternative public transport due to its convenience, affordability, and ease of use has driven the demand for the ride-hailing services market during the forecast period. In recent years, ride-hailing services have become increasingly popular. Uber and Lyft companies operate in many countries around the world, providing transportation services to millions of people.
However, ride-hailing services have faced criticism and regulatory challenges in some countries that may obstruct the growth of the global ride-hailing services market in near future. Further, the technological advancements in transport mode applications are expected to create great opportunities for the ride-hailing services market during the forecast period.
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The competitive landscape in the Ride Hailing Services market refers to the structure of the industry and the nature of competition among key players. It encompasses factors like market share distribution, major competitors, competitive strategies, and how companies position themselves in the market to gain a competitive edge. It also provides recent activities such as acquisition, merger, expansion, etc and financial position of the companies. It further includes strategies implemented by competitors to mitigate the impact of the pandemic, such as cost-cutting measures, diversification of supply chains, or adoption of digital technologies. Other factors that may be included in the competitive landscape are technological advancements, innovation in offerings, regulatory compliance, market positioning, and sustainability practices. This comprehensive view enables stakeholders to gain valuable insights into the competitive dynamics and make informed decisions within the transport and logistics sector. (To read more request the sample pages or speak to analyst/author directly).
Top Companies Market Share in Ride Hailing Services Industry: (In no particular order of Rank)
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North America accounted for relatively the largest share of the ride-hailing services market during the forecast period. The growth of the market is significantly growing in the region due to the rising adoption of a diverse range of transportation modes and increasing government initiatives to reduce congestion on roads. For example, Uber and Lyft are the two largest ride-hailing companies in the United States. Both companies provide ride-hailing services in most major cities in the United States and Canada. Ride-hailing services have become an important part of the North American transportation landscape, providing a convenient and affordable alternative to traditional taxis and public transportation.
The current report Scope analyzes Ride Hailing Services Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Ride Hailing Services Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Ride Hailing Services Industry growth. Ride Hailing Services market has been segmented with the help of its Service Type, Application Vehicle Type, and others. Ride Hailing Services market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The E- hailing segment is expected to lead the highest revenue share in terms of service type, as E-hailing services are becoming increasingly popular in recent years due to their affordability, convenience, and ease of use. In addition, E hailing services are transportation services provided by companies that connect passengers with drivers using an e-hailing service platform. These services are operated similarly to traditional taxi services.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Ride Hailing Services Industry. Request a Free Sample PDF!
This report forecasts revenue growth in the Ride Hailing Services industry at global, regional, and national levels, analyzing the latest trends and pinpointing opportunities for each application of given timeframe. This analysis examines how business offerings utilizes to meet specific demands. Key factors to include in the by-application segment analysis are market size, growth potential, revenue contribution by application, technological advancements tailored to each industry (e.g., temperature-controlled logistics for pharmaceuticals or perishables), and regulatory requirements. Furthermore, our research team is prepared to provide additional insights, including a comprehensive analysis of the value chain specific to the Ride Hailing Services industry, which will highlight key players, processes, and interdependencies across the supply chain. We also offer valuable operational benchmarks to compare performance metrics and identify best practices within the industry. Additionally, we can deliver other specialized and customized information tailored to meet the unique needs and challenges of the Ride Hailing Services sector, enabling businesses to make informed decisions and stay competitive in a dynamic market. For more information, please request a sample or contact our research team.
Some of the key Application of Ride Hailing Services are:
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The four-wheeler segment held the major revenue share in terms of vehicle type
The four-wheeler held the major revenue share in terms of vehicle type owing to the increasing adoption of electric cars. In four-wheeler, ride-hailing services companies have expanded additional features and services, such as shared rides, luxury vehicle options, and wheelchair-accessible vehicles.
Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Ride Hailing Services Market is witnessing significant growth in the near future.
In 2023, the E-hailing segment accounted for noticeable share of global Ride Hailing Services Market and is projected to experience significant growth in the near future.
The Institutional segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies DiDi Chuxing, Grab and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Service Type | E-hailing, Car sharing, Car Rental, Others |
Application | Institutional, Personal |
Vehicle Type | Two-wheeler, Three-wheeler, Four-wheeler, Others |
List of Competitors | DiDi Chuxing, Gett, Grab, Lyft, Uber Technologies |
This chapter will help you gain GLOBAL Market Analysis of Ride Hailing Services. Further deep in this chapter, you will be able to review Global Ride Hailing Services Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Ride Hailing Services. Further deep in this chapter, you will be able to review North America Ride Hailing Services Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Ride Hailing Services. Further deep in this chapter, you will be able to review Europe Ride Hailing Services Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Ride Hailing Services. Further deep in this chapter, you will be able to review Asia Pacific Ride Hailing Services Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Ride Hailing Services. Further deep in this chapter, you will be able to review South America Ride Hailing Services Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Ride Hailing Services. Further deep in this chapter, you will be able to review Middle East Ride Hailing Services Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Ride Hailing Services. Further deep in this chapter, you will be able to review Middle East Ride Hailing Services Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Ride Hailing Services. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Service Type Analysis 2019 -2031, will provide market size split by Service Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Service Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Vehicle Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Ride Hailing Services market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why E-hailing have a significant impact on Ride Hailing Services market? |
What are the key factors affecting the E-hailing and Car sharing of Ride Hailing Services Market? |
What is the CAGR/Growth Rate of Institutional during the forecast period? |
By type, which segment accounted for largest share of the global Ride Hailing Services Market? |
Which region is expected to dominate the global Ride Hailing Services Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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