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Global Ride Sharing Market Size study with COVID-19 Impact, by Service Type (E-Hailing, Car Sharing, Car Rental, Station-Based Mobility), Data Service (Information, Navigation, Payment) and Regional Forecasts 2020-2026

  • BIZ3848325
  • 200 Pages
  • May 2020
  • Machines
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Global Ride Sharing Market is valued approximately USD 74.08 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 20.21 % over the forecast period 2019-2026. . Ride sharing matches the drivers of the vehicles to those seeking local taxicab transportation. This is done through the use of applications which locates the nearest available vehicle for transport and notifies the driver with the location of the customer. The mounting need for personal mobility owing to the rising urbanization and descent in the car ownerships drive the market growth. As these applications make cab easily available also, people prefer to use these services instead of purchasing a car owing to the high maintenance cost and parking. Also, growing Internet and smartphone penetration fuels the market growth. As these apps require access to the location which is gained through the use of GPS in the smart phones and the readily available digital road maps which guide the driver towards destinations. Hence the growing penetration of smart phones drives the market towards growth. Moreover, stringent CO2 reduction targets set by the governments and rising awareness among the population has increased traveler inclination towards the use of Ride sharing. However, the spread of the COVID-19 pandemic has negatively impacted the Ride Sharing market for the year 2020. As due to shutdowns announced by most of the infected countries coupled with the Self-Isolation norms have decreased the number of commuters which used these services. As majority of the population is working from home and only allowed to get out for the purchase of essential products which is frequently delivered at home hence the utilization of these ride sharing services has witnessed a steep decline. This has forced major market players to announce temporary shutdown. As in March 2020, Ola and Uber suspended operations temporarily in lockdown cities in India. While as per Statista, the variation in the share of taxi and ride hailing orders after the COVID-19 in France outbreak was -3.2% for Uber, -2.5% for Bolt and -0.1% for Lecab. Hence, amidst the pandemic the Ride Sharing market is face a tremendous blow. However, after the Pandemic, the market is projected to witness growth owing to the resume in operations and implementation of innovative strategies like offering partitions to maintain the distance between driver and passenger, equipping the vehicle with sanitizers, and mounting devices to measure the body temperature of passengers to eradicate the threat of such infections in future.

The regional analysis of global Ride Sharing market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the presence of majority of the players and rising environmental concerns. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising disposable income along with rising smart phone penetration would create lucrative growth prospects for the Ride Sharing market across Asia-Pacific region.

Major market player included in this report are:

Uber Technologies, Inc (US)

Lyft Inc. (US)

DiDi Chuxing Technology Co. (China)

Grab (Singapore)

Gett (Israel)

Ola Cabs (India)

BlaBlaCar (France)

LimeBike (US)

Herts (US)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Service Type:

E-Hailing

Car Sharing

Car Rental

Station-Based Mobility

By Data Service:

Information

Navigation

Payment

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018

Base year – 20198

Forecast period – 2020 to 2026

Target Audience of the Global Ride Sharing Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)

1.2.1. Ride Sharing Market, by Region, 2018-2026 (USD Billion)

1.2.2. Ride Sharing Market, by Service Type, 2018-2026 (USD Billion)

1.2.3. Ride Sharing Market, by Data Service, 2018-2026 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Ride Sharing Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Ride Sharing Market Dynamics

3.1. Ride Sharing Market Impact Analysis (2018-2026)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Ride Sharing Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Ride Sharing Market, by Service Type

5.1. Market Snapshot

5.2. Global Ride Sharing Market by Service Type, Performance - Potential Analysis

5.3. Global Ride Sharing Market Estimates & Forecasts by Service Type 2016-2026 (USD Billion)

5.4. Ride Sharing Market, Sub Segment Analysis

5.4.1. E-Hailing

5.4.2. Car Sharing

5.4.3. Car Rental

5.4.4. Station-Based Mobility

Chapter 6. Global Ride Sharing Market, by Data Service

6.1. Market Snapshot

6.2. Global Ride Sharing Market by Data Service, Performance - Potential Analysis

6.3. Global Ride Sharing Market Estimates & Forecasts by Data Service 2016-2026 (USD Billion)

6.4. Ride Sharing Market, Sub Segment Analysis

6.4.1. Information

6.4.2. Navigation

6.4.3. Payment

Chapter 7. Global Ride Sharing Market, Regional Analysis

7.1. Ride Sharing Market, Regional Market Snapshot

7.2. North America Ride Sharing Market

7.2.1. U.S. Ride Sharing Market

7.2.1.1. Service Type breakdown estimates & forecasts, 2016-2026

7.2.1.2. Data Service breakdown estimates & forecasts, 2016-2026

7.2.2. Canada Ride Sharing Market

7.3. Europe Ride Sharing Market Snapshot

7.3.1. U.K. Ride Sharing Market

7.3.2. Germany Ride Sharing Market

7.3.3. Rest of Europe Ride Sharing Market

7.4. Asia-Pacific Ride Sharing Market Snapshot

7.4.1. China Ride Sharing Market

7.4.2. India Ride Sharing Market

7.4.3. Japan Ride Sharing Market

7.4.4. Rest of Asia Pacific Ride Sharing Market

7.5. Latin America Ride Sharing Market Snapshot

7.5.1. Brazil Ride Sharing Market

7.5.2. Mexico Ride Sharing Market

7.6. Rest of The World Ride Sharing Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Uber Technologies, Inc (US)

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Lyft Inc. (US)

8.2.3. DiDi Chuxing Technology Co. (China)

8.2.4. Grab (Singapore)

8.2.5. Gett (Israel)

8.2.6. Ola Cabs, (India)

8.2.7. BlaBlaCar (France)

8.2.8. LimeBike (US)

8.2.9. Herts (US)

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

TABLE 1. List of secondary sources, used in the study of global Ride Sharing market

TABLE 2. List of primary sources, used in the study of global Ride Sharing market

TABLE 3. Global Ride Sharing market, report scope

TABLE 4. Years considered for the study

TABLE 5. Exchange rates considered

TABLE 6. Global Ride Sharing market estimates & forecasts by region 2016-2026 (USD billion)

TABLE 7. Global Ride Sharing market estimates & forecasts by Service Type 2016-2026 (USD billion)

TABLE 8. Global Ride Sharing market estimates & forecasts by Data Service 2016-2026 (USD billion)

TABLE 9. Global Ride Sharing market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 10. Global Ride Sharing market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 11. Global Ride Sharing market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 12. Global Ride Sharing market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 13. Global Ride Sharing market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 14. Global Ride Sharing market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 15. Global Ride Sharing market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 16. Global Ride Sharing market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 17. Global Ride Sharing market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 18. Global Ride Sharing market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 19. Global Ride Sharing market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 20. Global Ride Sharing market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 21. Global Ride Sharing market by segment, estimates & forecasts, 2016-2026 (USD billion)

TABLE 22. Global Ride Sharing market by region, estimates & forecasts, 2016-2026 (USD billion)

TABLE 23. U.S. Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 24. U.S. Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 25. U.S. Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 26. Canada Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 27. Canada Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 28. Canada Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 29. UK Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 30. UK Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 31. UK Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 32. Germany Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 33. Germany Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 34. Germany Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 35. RoE Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 36. RoE Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 37. RoE Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 38. China Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 39. China Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 40. China Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 41. India Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 42. India Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 43. India Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 44. Japan Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 45. Japan Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 46. Japan Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 47. RoAPAC Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 48. RoAPAC Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 49. RoAPAC Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 50. Brazil Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 51. Brazil Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 52. Brazil Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 53. Mexico Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 54. Mexico Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 55. Mexico Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 56. RoLA Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 57. RoLA Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 58. RoLA Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 59. RoW Ride Sharing market estimates & forecasts, 2016-2026 (USD billion)

TABLE 60. RoW Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

TABLE 61. RoW Ride Sharing market estimates & forecasts by segment 2016-2026 (USD billion)

 
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