Product Code: GVR-3-68038-062-0
Ride Sharing Market Growth & Trends:
The global ride sharing market size is projected to reach USD 96.9 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 13.7% from 2025 to 2030. Increasing awareness in regular commuters regarding environmental deterioration due to vehicle emission is expected to drive the growth.
The unprecedented expansions of cities and towns and the inherent traffic congestion issues are anticipated to play a crucial role in driving the market for ride sharing in the forthcoming years. Growth in international trade and globalization has facilitated development of many major and minor economies all over the world. This economical and industrial growth has directly impacted the demographics and helped rapid urbanization in many countries.
The B2C business type ride sharing segment is estimated to lead the ride sharing market in 2024 and is expected to continue its dominance through the forecast period. This expanison is attributed to the introduction of ride sharing module in the existing platforms provided by established ride hailing players. The peer-to-peer ride sharing segment is expected to register the highest CAGR over the forecast period, attributed to rising awareness among commuters and also to introduction of newer user-friendly platforms.
The corporate type of commute is estimated to lead the ride sharing market with a slight edge, however the short distance commutes segment is expected to take the lead in the market over the forecast period. The long distance commute type is also projected to register healthy growth amid growing trend of sharing personal vehicles through ride sharing platforms in North America and Europe.
North America is identified as a lucrative region for global ride sharing market in 2024. The region is home to the two major players - Uber and Lyft - competiting to gain more customer base. Asia Pacific followed North America to take the second spot in terms of market share. However, the region is expected to overtake North America over the forecast period. Didi Chuxing and OLA are the two major players in the Asian market.
Ride Sharing Market Report Highlights:
- Based on service, the e-hailing segment accounted for the largest revenue share of the global market and accounted for 57.9 % in 2024
- The internal Combustion Engines (ICE) vehicle segment dominated the global market with a revenue share of 57.8% in 2024
- B2C business model and short distance commute is expected to lead the ride sharing market till 2030
- Asia Pacific dominated the global ride-sharing market and accounted for a revenue share of 49.3% in 2024
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Ride Sharing Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Ride Sharing Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
Chapter 4. Ride Sharing Market: Service Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Ride Sharing Market: Service Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. E-hailing
- 4.3.1. E-hailing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Car Sharing
- 4.4.1. Car Sharing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Car Rental
- 4.5.1. Car Rental Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Station-based Mobility
- 4.6.1. Station-based Mobility Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Ride Sharing Market: Vehicle Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Ride Sharing Market: Vehicle Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Electric Vehicle
- 5.3.1. Electric Vehicle Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. ICE Vehicle
- 5.4.1. ICE Vehicle Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. CNG/LPG Vehicle
- 5.5.1. CNG/ LPG Vehicle Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Micro-mobility Vehicle
- 5.6.1. Micro-mobility Vehicle Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Ride Sharing Market: Business Model Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Ride Sharing Market: Business Model Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Business-to-Consumer (B2C)
- 6.3.1. Business-to-Consumer (B2C) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Business-to-Business (B2B)
- 6.4.1. Business-to-Business (B2B) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Peer-to-Peer (P2P)
- 6.5.1. Peer-to-Peer (P2P) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Ride Sharing Market: Platform Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Ride Sharing Market: Platform Movement Analysis, 2024 & 2030 (USD Million)
- 7.3. Web-based
- 7.3.1. Web-based Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. App-based
- 7.4.1. App-based Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Web & App Based
- 7.5.1. Web & App Based Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Ride Sharing Market: Regional Estimates & Trend Analysis
- 8.1. Ride Sharing Market Share, By Region, 2024 & 2030 (USD Million)
- 8.2. North America
- 8.2.1. North America Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. U.K.
- 8.3.2.1. U.K. Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.5. Italy
- 8.3.5.1. Italy Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.6. Spain
- 8.3.6.1. Spain Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Japan Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. India
- 8.4.4.1. India Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. Singapore
- 8.4.5.1. South Korea Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. UAE
- 8.6.2.1. UAE Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.3. Saudi Arabia
- 8.6.3.1. Saudi Arabia Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.4. South Africa
- 8.6.4.1. South Africa Ride Sharing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Positioning
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles/Listing
- 9.4.1. Uber Technologies, Inc.
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. Lyft, Inc.
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. Via Transportation, Inc.
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. Zoox, Inc.
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. Didi Chuxing Technology Co., Ltd.
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. Ola Electric Mobility Ltd.
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. Grab
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. Gett
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. Revel
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. BlaBlaCar
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Strategic Initiatives