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PUBLISHER: IMARC | PRODUCT CODE: 1722803
PUBLISHER: IMARC | PRODUCT CODE: 1722803
Ride-Hailing Service Market Size, Share, Trends and Forecast by Vehicle Type, Service Type, Payment Method, Location Type, End User, and Region, 2025-2033
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The global ride-hailing service market size was valued at USD 191.3 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 381.3 Billion by 2033, exhibiting a CAGR of 7.97% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 35.0% in 2024. The market is driven by urbanization, increasing smartphone penetration, rising disposable income, convenience, affordability, traffic congestion concerns, digital payment adoption, growing demand for shared mobility, fuel cost fluctuations, government policies, sustainability initiatives, AI-driven route optimization, safety features, and the expansion of electric and autonomous vehicles, fostering competition.
Ride-hailing refers to the process of booking customized rides online by customers via transportation network companies (TNCs). Ride-hailing services are convenient, cost-effective, safe for riders and help offer mobility to senior citizens as well as people with disabilities. They also display the license plate and model of the car to ensure that riders get into the right vehicle and can share the route with friends and family members.
Ride-Hailing Service Market Trends:
At present, there is a rise in the trend of on-demand transportation services due to flexible routing and ad-hoc scheduling of private automobiles. These automobiles allow passengers to have a personalized transportation experience by picking up and dropping off at their preferred locations. This, along with the growing number of employment opportunities offered by ride-hailing services, represents one of the key factors driving the market. Moreover, the rising employment of autonomous vehicles in ride-hailing services to reduce carbon dioxide (CO2) emissions in the environment are propelling the growth of the market. In addition, there is an increase in the utilization of mobility-as-a-service (MaaS) among individuals to reduce traffic congestion, road injuries, and the overall discomfort associated with traveling. This, coupled with the expanding user base of ride-hailing services around the world due to easy booking of vehicles and hassle-free payments as compared to conventional taxi services, is offering lucrative growth opportunities to key players. Besides this, several ride-hailing companies are raising funds from investors to enhance their technology and deliver better services to their clients. In line with this, governments of several countries are providing subsidies to drivers for encouraging them to take more bookings, which is bolstering the market growth.
Key Market Segmentation:
Breakup by Vehicle Type:
- Two-wheeler
- Three-wheeler
- Four-wheeler
- Others
Breakup by Service Type:
- E-hailing
- Car Sharing
- Car Rental
- Others
Breakup by Payment Method:
- Cash
- Online
Breakup by Location Type:
- Urban
- Rural
Breakup by End User:
- Personal
- Commercial
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aptiv PLC, Be Group JSC, BlaBlaCar, Bolt Technology OU, FREE NOW, Gett, Grab, InDriver, Lyft Inc., Ola Cabs, Ridecell Inc., TomTom N.V. and Uber Technologies Inc.
Key Questions Answered in This Report
- 1.How big is the ride-hailing service market?
- 2.What is the future outlook of ride-hailing service market?
- 3.What are the key factors driving the ride-hailing service market?
- 4.Which region accounts for the largest ride-hailing service market share?
- 5.Which are the leading companies in the global ride-hailing service market?
Product Code: SR112025A5310
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Ride-Hailing Service Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Vehicle Type
- 6.1 Two-wheeler
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Three-wheeler
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Four-wheeler
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Service Type
- 7.1 E-hailing
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Car Sharing
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Car Rental
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Payment Method
- 8.1 Cash
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Online
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Location Type
- 9.1 Urban
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Rural
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by End User
- 10.1 Personal
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Commercial
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Aptiv PLC
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.2 Be Group JSC
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.3 BlaBlaCar
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.4 Bolt Technology OU
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.5 FREE NOW
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.6 Gett
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.7 Grab
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.8 InDriver
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.9 Lyft Inc.
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.9.4 SWOT Analysis
- 16.3.10 Ola Cabs
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.11 Ridecell Inc.
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.12 TomTom N.V.
- 16.3.12.1 Company Overview
- 16.3.12.2 Product Portfolio
- 16.3.12.3 Financials
- 16.3.12.4 SWOT Analysis
- 16.3.13 Uber Technologies Inc.
- 16.3.13.1 Company Overview
- 16.3.13.2 Product Portfolio
- 16.3.13.3 Financials
- 16.3.13.4 SWOT Analysis
- 16.3.1 Aptiv PLC
Product Code: SR112025A5310
List of Figures
- Figure 1: Global: Ride-Hailing Service Market: Major Drivers and Challenges
- Figure 2: Global: Ride-Hailing Service Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Ride-Hailing Service Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Ride-Hailing Service Market: Breakup by Vehicle Type (in %), 2024
- Figure 5: Global: Ride-Hailing Service Market: Breakup by Service Type (in %), 2024
- Figure 6: Global: Ride-Hailing Service Market: Breakup by Payment Method (in %), 2024
- Figure 7: Global: Ride-Hailing Service Market: Breakup by Location Type (in %), 2024
- Figure 8: Global: Ride-Hailing Service Market: Breakup by End User (in %), 2024
- Figure 9: Global: Ride-Hailing Service Market: Breakup by Region (in %), 2024
- Figure 10: Global: Ride-Hailing Service (Two-wheeler) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Ride-Hailing Service (Two-wheeler) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Ride-Hailing Service (Three-wheeler) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: Global: Ride-Hailing Service (Three-wheeler) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: Global: Ride-Hailing Service (Four-wheeler) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: Global: Ride-Hailing Service (Four-wheeler) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Global: Ride-Hailing Service (Other Vehicle Types) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Global: Ride-Hailing Service (Other Vehicle Types) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Global: Ride-Hailing Service (E-hailing) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Global: Ride-Hailing Service (E-hailing) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Global: Ride-Hailing Service (Car Sharing) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Global: Ride-Hailing Service (Car Sharing) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Global: Ride-Hailing Service (Car Rental) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Global: Ride-Hailing Service (Car Rental) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: Global: Ride-Hailing Service (Other Service Types) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 25: Global: Ride-Hailing Service (Other Service Types) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 26: Global: Ride-Hailing Service (Cash) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 27: Global: Ride-Hailing Service (Cash) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 28: Global: Ride-Hailing Service (Online) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 29: Global: Ride-Hailing Service (Online) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 30: Global: Ride-Hailing Service (Urban) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 31: Global: Ride-Hailing Service (Urban) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 32: Global: Ride-Hailing Service (Rural) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 33: Global: Ride-Hailing Service (Rural) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 34: Global: Ride-Hailing Service (Personal) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 35: Global: Ride-Hailing Service (Personal) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 36: Global: Ride-Hailing Service (Commercial) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 37: Global: Ride-Hailing Service (Commercial) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: North America: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 39: North America: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 40: United States: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 41: United States: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: Canada: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 43: Canada: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 44: Asia-Pacific: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 45: Asia-Pacific: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 46: China: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 47: China: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 48: Japan: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 49: Japan: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 50: India: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 51: India: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 52: South Korea: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 53: South Korea: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 54: Australia: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 55: Australia: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 56: Indonesia: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 57: Indonesia: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 58: Others: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 59: Others: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 60: Europe: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 61: Europe: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 62: Germany: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 63: Germany: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 64: France: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 65: France: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 66: United Kingdom: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 67: United Kingdom: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 68: Italy: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 69: Italy: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 70: Spain: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 71: Spain: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 72: Russia: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 73: Russia: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 74: Others: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 75: Others: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 76: Latin America: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 77: Latin America: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 78: Brazil: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 79: Brazil: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 80: Mexico: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 81: Mexico: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 82: Others: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 83: Others: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 84: Middle East and Africa: Ride-Hailing Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 85: Middle East and Africa: Ride-Hailing Service Market: Breakup by Country (in %), 2024
- Figure 86: Middle East and Africa: Ride-Hailing Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 87: Global: Ride-Hailing Service Industry: SWOT Analysis
- Figure 88: Global: Ride-Hailing Service Industry: Value Chain Analysis
- Figure 89: Global: Ride-Hailing Service Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Ride-Hailing Service Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Ride-Hailing Service Market Forecast: Breakup by Vehicle Type (in Million USD), 2025-2033
- Table 3: Global: Ride-Hailing Service Market Forecast: Breakup by Service Type (in Million USD), 2025-2033
- Table 4: Global: Ride-Hailing Service Market Forecast: Breakup by Payment Method (in Million USD), 2025-2033
- Table 5: Global: Ride-Hailing Service Market Forecast: Breakup by Location Type (in Million USD), 2025-2033
- Table 6: Global: Ride-Hailing Service Market Forecast: Breakup by End User (in Million USD), 2025-2033
- Table 7: Global: Ride-Hailing Service Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 8: Global: Ride-Hailing Service Market: Competitive Structure
- Table 9: Global: Ride-Hailing Service Market: Key Players
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