Ride Sharing Software Market Insights Video

According to Cognitive Market Research, the global ride-sharing software market size was USD 7154.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 18.00% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 2861.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2146.38 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1645.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.0% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 357.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 143.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.7% from 2024 to 2031.
• The cloud held the highest ride-sharing software market revenue share in 2024.