Global Ride Sharing Market 2019, Type, Size, Share, Industry Key Players, Business Model, Trends, Growth, Demand and Forecast to 2023

Ride Sharing Market Analysis From 2019 To 2023 is latest report published by Market Research Future. According to report Global Ride Sharing Market To rise at 10% by 2023. Ride Sharing Segmentation based on Product, Technology, Access Type, Vehicle Types and region.

Pune, India - September 11, 2019 /MarketersMedia/ —

The Global Ride Sharing Market is expected to witness 10% CAGR during the period, 2018 to 2023. North America to remain the Largest Market for Ride Sharing over 2023. Ride sharing, which includes services such as carpooling and car hailing, is a concept which has gained a lot of traction in the mobility market in recent years. It is a service that offers one-way or two-way transportation on short notice. 

Global Rising Sharing Market: Competition Analysis

MRFR in its report has discussed some of the leading market players namely Lyft, Inc. (U.S.), Gett (Israel), GrabTaxi Holdings Pte. Ltd. (Singapore), car2go (Germany), Uber Technologies Inc. (U.S.), ANI Technologies Pvt. Ltd. (India), Cabify (Spain), Taxify (Estonia), Didi Chuxing Technology Co. (China), Careem (UAE).

Get a sample copy of the Ride Sharing Market –

Global Ride Sharing Market Will Continue to Surge over 2023

Ride sharing is growing fast. The global ride sharing market is high dynamic in nature and is characterized by presence of many companies. Presence of multi-domain companies has helped in pacing up transformation in the ride sharing industry. According to a new report published by Market Research Future (MRFR), the global ride sharing market is expected to exhibit a healthy growth during the forecast period (2018-2023).

The concept of the ride sharing is gaining traction in various parts of the globe owing to its advantages that span across traffic management, environmental preservation and economics. Ride sharing is catching up in both advanced countries and developing countries. From the very initial phases consumer sentiments have been positive towards ride sharing. Rising fuel price, increased traffic congestion and overcrowding of the cities are some of the key factors supporting the market growth. However, passenger safety concerns and competition from local vendors are some of the market impediments.

Global Ride Sharing Market: Sentimental Analysis

The sentimental analysis of the market has been conducted on the basis of business model, vehicle type, type and region.

Based on business model, key market segments include B2C, B2B and P2P. Based on vehicle type, key market segments include Electric Vehicle, CNG/LPG Vehicle, and ICE Vehicle. Based on type, key market segments include Station-Based Mobility, Car Rental, E-Hailing and Car Sharing.

Global Ride Sharing Market: Regional Analysis

On the basis of region, key market segments include Asia Pacific (APAC), Europe, North America and the Rest of the World (RoW). North America is expected to hold a significant market share throughout the assessment period. Increased popularity of ride sharing among Americans is the prime market driver. The U.S. leads the North America ride sharing market. The country is home to some of the leading ride hailing companies in the world, this puts the U.S. at an advantageous position. Moreover, favourable regulations and present of superior supporting infrastructure complements the market in North America. Companies operating in the region are collaboration with other corporation and tech companies to bolster operation and overcome mission-critical issues. Increased focus towards reducing traffic congestion and measures to curtail carbon emission is creating opportunities for market players.

Asia Pacific (APAC) is also viewed as an attractive market for ride sharing. It is projected that countries such as Japan, China, South Korea are expected to present attractive opportunities to market players during the forecast period. Issues such as global warming, rising carbon emission, environment degradation have picked up momentum in these countries, which has prompted local policy maker to develop pro-environment frameworks. This is proving headwinds to the market in the region. Countries such as China and India are showing a greater interest in contemporary concepts such as carpooling and ride sharing. The APAC ride sharing market is expected to witness healthy growth in the forthcoming years also owing to economy factors such as changing lifestyle, increased disposable and increased urbanization.

Industry News

US-based ride-hailing company Lyft, Inc. is reportedly gearing up to entre Metro Vancouver. The company is expecting to become operation in the city by next two-three months.

Ride-hailing giant uber has recent revealed its plans to expand its operations into six more cities in New Zealand. The company is expected to target Taupō, New Plymouth, Nelson¸ Palmerston North, Rotorua and Napier-Hastings. The ride services may start off as early as October.

Table Of Contents

Executive Summary
Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat Of New Entrants

3.1.2. Bargaining Power Of Buyers

3.1.3. Threat Of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power Of Buyers

3.2. Value Chain/Supply Chain Analysis

Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

Global Ride Sharing Market, By Type

5.1. Introduction

5.2. Car Sharing

5.2.1. Market Estimates & Forecast, 2018-2023

5.2.2. Market Estimates & Forecast By Region, 2018-2023

5.3. E-Hailing

5.3.1. Market Estimates & Forecast, 2018-2023

5.3.2. Market Estimates & Forecast By Region, 2018-2023

5.4. Car Rental

5.4.1. Market Estimates & Forecast, 2018-2023

5.4.2. Market Estimates & Forecast By Region, 2018-2023

5.5. Station-Based Mobility

5.5.1. Market Estimates & Forecast, 2018-2023

5.5.2. Market Estimates & Forecast By Region, 2018-2023

Global Ride Sharing Market, By Vehicle Type

6.1. Introduction

6.2. ICE Vehicle

6.2.1. Market Estimates & Forecast, 2018-2023

6.2.2. Market Estimates & Forecast By Region, 2018-2023

6.3. CNG/LPG Vehicle

6.3.1. Market Estimates & Forecast, 2018-2023

6.3.2. Market Estimates & Forecast By Region, 2018-2023

6.4. Electric Vehicle

6.4.1. Market Estimates & Forecast, 2018-2023

6.4.2. Market Estimates & Forecast By Region, 2018-2023


Browse Ride Sharing Market related details of  TOC @

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email:
Phone: +1 646 845 9312

Source URL:

Source: MarketersMedia

Release ID: 88917798

More News From

Putin engineers shakeup that could keep him in power longer

Feb 23, 2020

MOSCOW — President Vladimir Putin engineered a surprise shakeup of Russia's leadership Wednesday, proposing changes to the constitution that could keep him in power well past the end of his term in 2024. Prime Minister Dmitry Medvedev resigned his post after Putin announced the proposed constitutional amendments. Putin kept his longtime ally in the Kremlin's leadership structure, appointing him to the newly created post of deputy head of the presidential Security Council. The shakeup sent shock waves through Russia's political elites who were left pondering what Putin's intentions were and speculating about future Cabinet appointments. Putin’s proposed constitutional reforms, announced...

Student shot at Texas high school; suspect still at large

Feb 23, 2020

BELLAIRE, Texas — A student was shot Tuesday at a high school in Texas and a suspect remained at large, local officials said. Emergency crews were seen performing CPR as the student was carried on a stretcher to an ambulance outside Bellaire High School, KPRC-TV reports. There were conflicting media reports about whether the shooting happened inside or outside the school. The city, a suburb south west of Houston, confirmed on Twitter that there was a shooting and said the suspect is still at large. It advised resident to avoid the area around the school or remain in their homes....

Dem senator says he has 51 votes to restrain Trump on Iran

Feb 23, 2020

WASHINGTON — A Democratic senator said Tuesday he has at least 51 votes to support a bipartisan resolution asserting that President Donald Trump must seek approval from Congress before engaging in further military action against Iran. Sen. Tim Kaine of Virginia said the Senate could vote as soon as next week on the measure, which is co-sponsored by two Republican senators and has support from at least two more Republicans. Republican Sens. Mike Lee of Utah and Rand Paul of Kentucky have co-sponsored the measure, and GOP Sens. Todd Young of Indiana and Susan Collins of Maine said Tuesday they...

Oturu scores 30 as Minnesota beats No. 19 Michigan 75-67

Feb 23, 2020

MINNEAPOLIS — Daniel Oturu shook off an injury and had a career game to help Minnesota take down another ranked opponent. Oturu scored a career-high 30 points and the Gophers went on a late 11-0 run to beat No. 19 Michigan 75-67 on Sunday. The sophomore center had 20 points in a dominant first half, and he continued his roll with six quick points after the break. But with 14:35 remaining, he hit the deck hard while fighting for a rebound. He stayed on the floor for nearly five minutes, clutching his left shoulder as a hush fell over the...

Madrid beats Atlético in shootout, wins Spanish Super Cup

Feb 23, 2020

JEDDAH, Saudi Arabia — Real Madrid beat Atlético Madrid in a penalty shootout on Sunday to win the first edition of the new-look Spanish Super Cup that was held in Saudi Arabia despite criticism from human rights groups. Madrid won the shootout 4-1 after the final ended 0-0 after extra time. Dani Carvajal, Rodrygo, Luka Modric and Sergio Ramos all converted their spot kicks for Madrid. Atlético’s Saul Ñíguez missed his first penalty and Madrid goalkeeper Thibaut Courtois blocked the second attempt by Thomas Partey. Kieran Trippier converted for Atlético. “I had studied their penalty-takers before,” Courtois said. “I knew...

Weather, 20 December
Houston Weather

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH