Intense competition, rising costs and growing operating losses by the companies in the business are some of the factors impacting the market growth. One of the key challenges faced by ride-sharing companies since their entry has been attaining permission from city and state regulators to operate. Furthermore, a new challenge that could cripple their flourishing business is providing on-demand services.
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In near future, North American ride sharing market is expected to include superior interoperability among services, technology integration, and policy support. These developments also apply to other parts of the world, such as Europe particularly in the UK. Asia currently has more than half of the global population, and is lucrative market for players operating in the market owing to the increasing rate of smartphone adoption. Key players such as Uber have poured resources into Asia with diverse results. Besides, regional competitors from each market have capitalized their local know-how to stay forward in the race for home domination. In promising markets such as India and Southeast Asia there is an enormous increase in the number of users using at least one ride-sharing app.
Some of the key players in the market are Uber, Lyft, Didi, Ola, GrabTaxi, Yidao yongche, Sidecar, BlaBlaCar, Shenzhou Zhuanche and Hailo.
Service providers Covered:
-Classified advertising services
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Type of ride sharing Covered:
-GPS navigation devices
-Ride hailing service
-Rest of Europe
-Rest of Asia Pacific
-Rest of the World
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Table of Contents
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Ride Sharing Market, By Service provider
6 Global Ride Sharing Market, By Solution
7 Global Ride Sharing Market, By Type
8 Global Ride Sharing Market, By Device
9 Global Ride Sharing Market, By Service
10 Global Ride Sharing Market, By Geography
11 Key Developments
12 Company Profiling
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