Ride Sharing Market is expected to reach 103600 million US$ by 2025 – QY Research

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This report focuses on the global Ride Sharing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Ride Sharing development in United States, Europe and China.

Ride sharing is the sharing of vehicles by passengers as a transportation alternative. Ride sharing is not exactly an on-demand service and requires a little planning. Ride sharing is primarily intended to reduce vehicle costs, traffic congestion, and automobile emissions. The necessary prerequisite for a person in order to avail the benefits of the ride sharing transportation service, is a smartphone app. Drivers of privately-owned cars partner up with a ridesharing company in order to provide rides to commuters.

The market concentration rate of Ride Sharing is high. Though there are many small players in Global, the leading brands occupy large market share. Top 5 took up more than 79.04% of the global market in 2017.

In 2017, the global Ride Sharing market size was 24400 million US$ and it is expected to reach 103600 million US$ by the end of 2025, with a CAGR of 19.8% during 2018-2025.

 

The key players covered in this study

    Uber

    Lyft

    Fasten

    Haxi

    Via

    Didi Chuxing

    Ola Cabs

    Grab

    Go-Jek

    BlaBlaCar

    myTaxi

    Wingz

    Getme Ride

    Dida Chuxing

 

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Market segment by Type, the product can be split into

    PC Terminal

    Mobile Terminal

 

Market segment by Application, split into

    Age 18-24

    Age 25-34

    Age 35-44

    Age 45-54

    Age 55-64

 

Market segment by Regions/Countries, this report covers

    United States

    Europe

    China

    Japan

    Southeast Asia

    India

    Central & South America

 

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