PUBLISHER: QYResearch | PRODUCT CODE: 1862316
PUBLISHER: QYResearch | PRODUCT CODE: 1862316
The global market for Ride Sharing was estimated to be worth US$ 50254 million in 2024 and is forecast to a readjusted size of US$ 81767 million by 2031 with a CAGR of 7.2% during the forecast period 2025-2031.
Ride-sharing is a transportation model that matches passengers traveling the same route or destination with drivers through a platform, allowing them to share the vehicle and share the cost. Users can book or join a ride-sharing trip through a mobile app, choosing between private cars, taxis, or ride-sharing services. This reduces the number of empty seats typically associated with solo driving, thereby lowering travel costs, easing traffic congestion, and reducing carbon emissions. Common platforms such as Uber, Lyft, and Didi offer convenient and affordable travel options, particularly suitable for commuting or long-distance travel, and are typical applications of the sharing economy in the transportation sector.
The global ride-sharing market has experienced rapid growth in recent years, primarily driven by the proliferation of smartphones, the rise of the sharing economy, and consumer demand for convenient, low-cost travel options. North America and Asia-Pacific are the primary markets, with the United States (Uber, Lyft) and China (Didi Chuxing) leading the market, while emerging markets such as Southeast Asia (Grab), India (Ola), and Latin America (DiDi) are experiencing rapid growth. Driving factors include accelerating urbanization, growing environmental awareness, and government support for smart transportation. However, regulatory challenges, driver rights disputes, and profitability pressures remain challenges for the industry. In the future, the application of autonomous driving technology and electric vehicle fleets may further reshape the industry landscape.
This report aims to provide a comprehensive presentation of the global market for Ride Sharing, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Ride Sharing by region & country, by Type, and by Application.
The Ride Sharing market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ride Sharing.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Ride Sharing company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Ride Sharing in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Ride Sharing in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.