Ride Sharing Market

Ride Sharing Market by Type (E-hailing, Station-Based, Car Sharing & Rental), Car Sharing (P2P, Corporate), Service (Navigation, Payment, Information), Micro-Mobility (Bicycle, Scooter), Vehicle Type, and Region - Global Forecast to 2026

Report Code: AT 4965 Jun, 2021, by marketsandmarkets.com

[221 Pages Report] The global ride sharing market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026. Ride sharing services were the most preferred services before the pandemic, as they offered a convenient and cost-effective means of personal mobility with the help of a transportation network system. Another advantage was that they helped to reduce travel costs and eliminated the need for individuals to own a vehicle. One more benefit was the possible reduction of traffic congestion which might have been achieved by 2022–2023, without the impact of COVID-19. With time & need, the mobility service providers (MSPs) devised different models of ride sharing services such as e-hailing, private vs. corporate car sharing, carpool, car rental and so on. The users had an option to choose from this wide variety of options based on their needs, distance traveled, and personal comfort. However, owing to the pandemic, ride sharing market has become one of the most impacted industries in the automotive space. The key reason being global lockdown back in 2020 for almost 2–4 months (varied by country/city), and the second wave of COVID-19, which has further impacted the business in Q1 of 2021 in most of the countries. Another reason is, with the pandemic, many IT companies have adopted a work-from-home culture, which has decreased office travel.

Though the pandemic has impacted most of the MSPs (for instance, Uber generated a revenue of USD 11.1 billion in 2020, with a decline of 21% as compared to revenues in 2019), it has also made the MSPs change the business models or offerings; the ride sharing players have gained momentum in segments such as e-Commerce, food delivery, and last-mile delivery.

Ride Hailing Market

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COVID-19 Impact on Market

The outbreak of COVID-19 has severely impacted the overall transportation industry. Due to the COVID-19, the demand for ride-hailing and car-sharing services had decreased around the world in 2020.

The global ride sharing industry witnessed a drop of ~17% in revenue generation in 2020 as compared with its revenues in 2019, majorly owing to the lockdown and also because passengers were hesitant to use ride-sharing services even after lockdown mandates were lifted. Ride sharing companies are continuously working to retain the trust between drivers and passengers about safety and sanitation. It is expected that the short-term concerns about car-sharing/e-hailing services will eventually be offset due to users becoming more comfortable with strict cleanliness protocols. Moreover, several mandates, such as vehicle sanitization practices after every ride, compartmentalization, and other precautionary measures, set by various governments have raised the per ride fares for ride sharing companies.

With the high preference of commuters toward ride-sharing over public transport to maintain social distancing with strong vaccination rates in several key markets, including China, the US, and Europe, it is estimated that the market will start complete recovery from the third quarter of 2021.

Market Dynamics

DRIVER: Increase in cost of vehicle ownership

The ownership of a vehicle is cumulative of multiple factors such as finance, fuel, maintenance, registration/taxes, and maintenance & repair, along with depreciation. With each year, the cost of vehicle ownership increases. Though, according to American Automobile Association (AAA), depreciation contributes to ~43% of the ownership cost, the other costs, such as maintenance cost and fuel cost, contribute ~25% together. Fuel prices and maintenance costs have increased multifold in the past few years, and the same trend is estimated to continue without any decline. As cities are getting increasingly cramped with people and cars, owning an automobile has become more of a liability than an asset. According to AAA, the average cost to own and operate a new car increased by USD 279 in 2020, as compared with 2019, to reach USD 9,561.

As the millennial generation has little-to-no interest in owning a car, the rate of car ownership among people aged between 18 and 35 has declined over the years. Other reasons for the decline in car ownership are poor connectivity by public transportation in key cities and the increasing trend of online shopping, among others.

Though the trend of car ownership has grown during the pandemic, it is expected to return to the pre-pandemic trend after 2021. Hence, ride sharing service providers can capitalize on these demographics as the new tech-savvy generation constitutes one of the largest user bases of these services.

RESTRAINT: Varying Transport policies of different countries and Resistance from traditional transport services

In many countries, the operations of app-based mobility services are not regulated by a legal authority. Hence, their operation is not defined and regulated by the government. Taxi services are required to obtain separate licenses and registration. This makes it difficult for app-based taxi services to operate as many app-based companies do not own the vehicles.

Regulators worldwide have proposed or adopted requirements regarding the collection, use, transfer, security, storage, and other processing of personal identifiable information and other data relating to individuals, and these laws are increasing in numbers, enforcement, fines and other penalties. Examples of such regulations are the European Union’s General Data Protection Regulation (GDPR), which came into effect in May 2018 in the EU. The California Consumer Privacy Act (CCPA), effective from January 2020, also regulates data collection of a consumer in the ride sharing business.

Stringent regulations related to vehicle registration and licenses make it difficult for an app-based taxi fleet that provides ride sharing services. This has negatively impacted the growth of ride sharing services in many countries and regions.

OPPORTUNITY Emergence of autonomous ride sharing

Autonomous vehicles are still in the development stages. Many OEMs have working prototypes, which are being tested in different regions. Many companies are competing with each other to bring a fully autonomous vehicle to the market. These include Lyft, Ford, Uber, Honda, Toyota, and Tesla. Waymo, the autonomous vehicle division of Alphabet, Google’s parent company, has begun testing trip fares with its early riders as it moves closer to launching its commercial ride sharing service in Phoenix this year. Considering the factors, the development of autonomous vehicles will drive the ride sharing market in the next 6–7 years.

CHALLENGE: COVID-19 impact on Profitability & Sustainability of transport network companies

Owing to the pandemic, where the various ride sharing services were completely closed, the industry further faced losses. In 2020, Uber’s losses were USD 6.7 billion, Lyft reported a loss of USD 1.8 billion, and Grab’s losses were USD 0.8 billion. On the contrary, based on secondary research reports, Didi Chuxing earned a profit of ~USD 1 billion in the year 2020. Even after following all COVID safety guidelines, it has been difficult to attract customers. Considering the COVID second wave which has struck European countries, and the possibility of a third wave, the ride sharing industry would still struggle to bring back customers, at least till Q3 of 2021. Gaining customer trust and recover the lost revenues would be the two biggest challenges for the mobility service providers in the coming years.

The e-hailing segment is estimated to be the largest during the forecast period

Moreover, the growing demand for e-hailing services can be attributed to ease of booking, increasing traffic congestion, passenger comfort, and rising government initiatives to increase awareness among people regarding air pollution are propelling the demand for ride sharing, predominantly e-hailing. Also, the increasing partnership between domestic and international service providers, such as Uber and Didi in China, is also likely to help the e-hailing market grow. Some of the major e-hailing players are Uber, Didi, Lyft, and Ola. E-hailing is usually done for a short distance, and most of these rides are about 10–15 km (6.2–9.3 miles) on average.

The P2P car sharing segment is projected to lead the car sharing market

P2P car sharing is a type of vehicle sharing in which people share their cars with co-travelers. Also, the P2P model has the owner in the car while the ride is taking place. The demand for P2P car sharing has been on the rise. A car becomes an asset that costs the owner huge money for traveling; one can save money by traveling with co-passengers and sharing the fuel cost or charging the customer accordingly. Major factors driving peer-to-peer car sharing are convenience and availability, monetary savings, and expanded mobility options.

Asia Pacific is estimated to be the largest market in 2021

In Asia Pacific, developing countries are expected to experience significant growth, primarily in urban transportation. The high population growth rate in the region and increasing urbanization have intensified the need for transportation. Most of the countries in the region are shifting their focus on smart personal mobility to reduce travel time and congestion. Asia Pacific accounts for a significantly lower number of vehicles per 1,000 persons as the per capita income in most of these countries is lower than in Western countries. Hence, ride sharing offers users a sense of owning a vehicle at a much lower cost than actually owning one. Therefore, consumers prefer ride sharing services over personal vehicles. Additionally, factors such as a rise in the daily commute to workplaces in urban areas and an increased need to save fuel by providing a ride to commuters and colleagues heading along the same route are anticipated to fuel the Asia Pacific ride sharing market

Ride Hailing Market by Region

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Key Market Players

Didi Chuxing (China), Uber Technologies, Inc (US), Gett (Israel), Lyft, Inc (US), and Grab (Singapore). These companies adopted new product launches and expansion to gain traction in the ride sharing market.

Scope of the Report

Report Metric

Details

Market size available for years

2018–2026

Base year considered

2020

Forecast period

2021–2026

Forecast units

Value (USD Million)

Segments covered

by service type, Car sharing market, by type, vehicle type, Micro-mobility market, by vehicle type, data service, distance, and region

Geographies covered

Asia Pacific, Europe, North America, and RoW

Companies covered

Didi Chuxing (China), Uber Technologies, Inc (US), Gett (Israel), Lyft, Inc (US), and Grab (Singapore)

Ride Sharing Market, By Vehicle Type (Key Countries)

  • Electric vehicle mobility
  • CNG/LPG vehicle
  • ICE vehicle mobility
  • Micro-mobility

*Note: The key countries that the market is available for are the US, Canada, Mexico, China, India, Japan, Indonesia, Singapore, Germany, the UK, France, Spain, Russia, Italy, Brazil, and the UAE.

Ride Sharing Market, By City

  • New York, US
  • Los Angeles, US
  • London, UK
  • Berlin, Germany
  • Madrid, Spain
  • Dubai, UAE
  • Toronto, Canada

Recent Developments

  • In May 2021, The GrabPet XL and GrabCar Exec services provide more options for Grab passengers with different mobility requirements while expanding earning opportunities for eligible driver-partners.
  • In April 2021, Uber Technologies, Inc. and Walgreens unveiled a new feature that would allow consumers to book vaccination appointments at a Walgreens location and also schedule their Uber ride to the vaccination appointment, all with a few taps through the Uber app. With all adults in the US eligible to receive the COVID-19 vaccine, Uber and Walgreens remain focused on helping ensure that transportation is never a barrier to receiving a vaccination.
  • In January 2021, Gett raised USD 115 million, led by new backer Pelham Capital Investments Ltd. and also included participation from unnamed existing investors. Including this round, Gett raised USD 750 million, with investors including VW, Access, and its founder Len Blavatnik, Kreos, MCI and more, and its last valuation was USD 1.5 billion, pegged to a USD 200 million fundraise in May 2019
  • In July 2020, Lyft launched The Lyft pass enabled a means to allow organizations to cover the costs of rides for their people—from employees and essential workers to customers, guests, and patients—while prioritizing safety, convenience, and flexibility.
  • In February 2020, OLA expanded its services to London. The Ola platform would be fully operational with three categories: Comfort, Comfort XL, and Exec ride classes. Ola had over 25,000 drivers registered on the platform, bringing scale to its London offering immediately.
  • In February 2020, Grab raised an investment of over USD 850 million from Japanese investors, including Mitsubishi UFJ Financial Group Inc. and TIS Inc. This investment will be used in creating accessible and affordable financial services for Southeast Asia in order to boost financial inclusion in the region.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 22)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           TABLE 1 MARKET DEFINITIONS
           1.2.1 INCLUSIONS & EXCLUSIONS
    1.3 MARKET SCOPE
           1.3.1 YEARS CONSIDERED IN THE STUDY
    1.4 CURRENCY CONSIDERED
    1.5 STAKEHOLDERS
    1.6 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 27)
    2.1 RESEARCH DATA
           FIGURE 1 RESEARCH DESIGN
           FIGURE 2 RESEARCH METHODOLOGY MODEL
           2.1.1 SECONDARY DATA
                    2.1.1.1 List of key secondary sources to estimate ride sharing market
                    2.1.1.2 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY STAKEHOLDER, DESIGNATION, & REGION
                    2.1.2.1 List of primary participants
    2.2 MARKET ESTIMATION METHODOLOGY
           FIGURE 4 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 5 RIDE SHARING MARKET SIZE: BOTTOM-UP APPROACH (SERVICE TYPE AND REGION)
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 6 RIDE SHARING MARKET SIZE: TOP-DOWN APPROACH (VEHICLE TYPE)
                    FIGURE 7 RIDE SHARING MARKET SIZE: TOP-DOWN APPROACH (DATA SERVICE)
           2.2.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDE
    2.3 DATA TRIANGULATION
           FIGURE 8 DATA TRIANGULATION METHODOLOGY
    2.4 RESEARCH ASSUMPTIONS
           2.4.1 GLOBAL ASSUMPTIONS
                    TABLE 2 GLOBAL ASSUMPTIONS
           2.4.2 SEGMENT ASSUMPTIONS
                    TABLE 3 SEGMENT ASSUMPTIONS
    2.5 FACTOR ANALYSIS
    2.6 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 40)
    3.1 INTRODUCTION
           3.1.1 PRE- VS POST-COVID-19 SCENARIO
                    FIGURE 9 PRE- & POST-COVID-19 SCENARIO: RIDE SHARING MARKET SIZE, 2018–2026 (USD MILLION)
                    TABLE 4 RIDE SHARING MARKET SIZE: PRE- VS. POST-COVID-19 SCENARIO, 2018–2026 (USD MILLION)
    3.2 REPORT SUMMARY
           FIGURE 10 RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021 VS. 2026 (USD MILLION)
           FIGURE 11 RIDE SHARING MARKET, YOY GROWTH, BY COUNTRY, 2020

4 PREMIUM INSIGHTS (Page No. - 44)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE ELECTRIC VEHICLE RIDE SHARING SPACE
           FIGURE 12 RISING POPULATION & URBANIZATION TO DRIVE THE RIDE SHARING MARKET
    4.2 RIDE SHARING MARKET, BY SERVICE TYPE
           FIGURE 13 E-HAILING ESTIMATED TO LEAD THE GLOBAL RIDE SHARING MARKET IN 2021 (USD MILLION)
    4.3 RIDE SHARING MARKET, BY VEHICLE TYPE
           FIGURE 14 ELECTRIC VEHICLES ARE PROJECTED TO SHOWCASE THE FASTEST GROWTH AMONG RIDE SHARING CARS OVER THE FORECAST PERIOD
    4.4 CAR SHARING MARKET, BY TYPE
           FIGURE 15 P2P CAR SHARING TO DOMINATE THE CAR SHARING MARKET IN 2021
    4.5 RIDE SHARING MARKET, BY DATA SERVICE
           FIGURE 16 NAVIGATION TO ACCOUNT FOR THE MAJOR SHARE IN THE RIDE SHARING DATA SERVICES MARKET
    4.6 MICRO-MOBILITY MARKET, BY VEHICLE TYPE
           FIGURE 17 BIKE/BICYCLE TO LEAD THE MICRO-MOBILITY VEHICLE MARKET
    4.7 RIDE SHARING MARKET, BY DISTANCE
           FIGURE 18 SHORT DISTANCE TO ACCOUNT FOR THE DOMINANT SHARE BY 2026
    4.8 RIDE SHARING MARKET, BY REGION
           FIGURE 19 ASIA PACIFIC TO ACCOUNT FOR THE LARGEST SHARE OF THE RIDE SHARING MARKET IN 2021

5 MARKET OVERVIEW (Page No. - 49)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 20 RIDE SHARING MARKET: MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Increase in urbanization and internet and smartphone penetration
                               5.2.1.1.1 Increase in Urbanization
                                            FIGURE 21 URBANIZATION RATE, 2019–2020
                               5.2.1.1.2 Increase in usage of Smartphones and growing internet penetration
                                            FIGURE 22 SMARTPHONE PENETRATION IN MAJOR COUNTRIES, 2018–2019
                    5.2.1.2 Increase in costs associated with vehicle ownership
                               FIGURE 23 AVERAGE COST PER CAR, 2015 VS 2020 (CENTS PER MILE)
                               TABLE 5 US: SHARE OF LIGHT-DUTY VEHICLE PURCHASE BY AGE GROUP, 2000-2015
           5.2.2 RESTRAINTS
                    5.2.2.1 Varying Transport policies of different countries and resistance from traditional transport services
           5.2.3 OPPORTUNITIES
                    5.2.3.1 New business models to cover losses in ride sharing business
                               5.2.3.1.1 Food & Freight Delivery
                               5.2.3.1.2 Micro-mobility
                                            TABLE 6 MODE OF TRANSPORTATION VARIES BY DISTANCE, MILES
                    5.2.3.2 Emergence of autonomous ride sharing
           5.2.4 CHALLENGES
                    5.2.4.1 COVID-19 impact on profitability & sustainability of transport network companies
                               FIGURE 24 REVENUES, BY KEY SERVICE PROVIDERS, 2018–2020 (USD BILLION)
    5.3 RIDE SHARING MARKET: AN ECOSYSTEM
           FIGURE 25 RIDE SHARING MARKET ECOSYSTEM
    5.4 RIDE SHARING MARKET ECOSYSTEM
           TABLE 7 ROLE OF COMPANIES IN THE RIDE SHARING MARKET ECOSYSTEM
    5.5 PORTER’S FIVE FORCES ANALYSIS
           TABLE 8 PORTER’S FIVE FORCES ANALYSIS
           FIGURE 26 THE BARGAINING POWER OF BUYERS IS HIGH DUE TO THE PRESENCE OF LOW-COST REGIONAL PLAYERS
           5.5.1 INTENSITY OF COMPETITIVE RIVALRY
           5.5.2 THREAT OF SUBSTITUTES
           5.5.3 BARGAINING POWER OF SUPPLIERS
           5.5.4 BARGAINING POWER OF BUYERS
           5.5.5 THREAT OF NEW ENTRANTS
    5.6 SUPPLY CHAIN ANALYSIS
           FIGURE 27 SUPPLY CHAIN ANALYSIS: RIDE SHARING MARKET
    5.7 CASE STUDIES
    5.8 PATENT ANALYSIS
    5.9 RIDE SHARING MARKET SCENARIO
           FIGURE 28 RIDE SHARING MARKET SCENARIO, 2018–2026 (USD MILLION)
           5.9.1 REALISTIC SCENARIO
                    TABLE 9 REALISTIC SCENARIO: RIDE SHARING MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
           5.9.2 LOW IMPACT SCENARIO
                    TABLE 10 LOW-IMPACT SCENARIO: RIDE SHARING MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
           5.9.3 HIGH IMPACT SCENARIO
                    TABLE 11 HIGH-IMPACT SCENARIO: RIDE SHARING MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
    5.10 TECHNOLOGY ANALYSIS
           5.10.1 IMPACT OF VEHICLE AUTOMATION ON RIDE HAILING
                      TABLE 12 LEVELS OF AUTOMATION
                    5.10.1.1 Impact of automation L2 on ride hailing
                    5.10.1.2 Impact of automation L3 on ride hailing
                    5.10.1.3 Impact of automation L4/L5 on ride hailing
                                 TABLE 13 AUTONOMOUS CARS FOR RIDE HAILING: NEW PRODUCT/SERVICE DEVELOPMENTS
                                 TABLE 14 AUTONOMOUS CARS FOR RIDE HAILING: DEALS
           5.10.2 AUTONOMOUS VEHICLES AND VEHICLE CONNECTIVITY
                    5.10.2.1 Vehicle-to-cloud (V2C)
                    5.10.2.2 Vehicle-to-pedestrian (V2P)
                    5.10.2.3 Vehicle-to-infrastructure (V2I)
                    5.10.2.4 Vehicle-to-vehicle (V2V)
    5.11 REGULATORY ANALYSIS

6 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 72)
    6.1 ASIA PACIFIC TO LEAD THE GLOBAL RIDE SHARING MARKET
    6.2 MICRO-MOBILITY: KEY FOCUS AREAS
    6.3 CONCLUSION

7 RIDE SHARING MARKET, BY SERVICE TYPE (Page No. - 74)
    7.1 INTRODUCTION
           7.1.1 RESEARCH METHODOLOGY
           7.1.2 ASSUMPTIONS
           7.1.3 INDUSTRY INSIGHTS
                    FIGURE 29 RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021 VS 2026 (USD MILLION)
                    TABLE 15 RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                    TABLE 16 RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
    7.2 E-HAILING
           TABLE 17 TOP E-HAILING SERVICE PROVIDERS
           7.2.1 E-HAILING TO LEAD DUE TO EASE OF BOOKING AND INCREASING TRAFFIC CONGESTION
                    TABLE 18 E-HAILING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 19 E-HAILING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.3 CAR SHARING
                    TABLE 20 TOP CAR SHARING SERVICE PROVIDERS
           7.3.1 COST-EFFECTIVENESS TO FUEL THE CAR SHARING MARKET
                    TABLE 21 CAR SHARING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 22 CAR SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.4 CAR RENTAL
                    TABLE 23 TOP CAR RENTAL SERVICE PROVIDERS
           7.4.1 CAR RENTAL TO GROW AS IT ELIMINATES THE BURDEN OF OWNERSHIP COST OF VEHICLES
                    TABLE 24 CAR RENTAL MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 25 CAR RENTAL MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.5 STATION-BASED MOBILITY
           TABLE 26 TOP STATION-BASED SERVICE PROVIDERS
           7.5.1 CONVENIENCE & COST-EFFECTIVENESS OF STATION-BASED MOBILITY TO DRIVE THE SERVICE DEMAND
                    TABLE 27 STATION-BASED MOBILITY MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 28 STATION-BASED MOBILITY MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

8 RIDE SHARING MARKET, BY DATA SERVICE (Page No. - 84)
    8.1 INTRODUCTION
           8.1.1 RESEARCH METHODOLOGY
           8.1.2 ASSUMPTIONS
           8.1.3 INDUSTRY INSIGHTS
                    FIGURE 30 RIDE SHARING MARKET SIZE, BY DATA SERVICE, 2021 VS. 2026 (USD MILLION)
                    TABLE 29 RIDE SHARING MARKET SIZE, BY DATA SERVICE, 2018–2020 (USD MILLION)
                    TABLE 30 RIDE SHARING MARKET SIZE, BY DATA SERVICE, 2021–2026 (USD MILLION)
    8.2 INFORMATION
           8.2.1 GROWTH IN THE NUMBER OF SERVICE OFFERINGS BY RIDE SHARING COMPANIES TO FUEL THE INFORMATION SEGMENT
                    TABLE 31 RIDE SHARING INFORMATION SERVICES MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 32 RIDE SHARING INFORMATION SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.3 NAVIGATION
           8.3.1 NAVIGATION WOULD BE THE MOST IMPERATIVE DATA SERVICE FOR RIDE SHARING SERVICE PROVIDERS
                    TABLE 33 RIDE SHARING NAVIGATION SERVICES MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 34 RIDE SHARING NAVIGATION SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.4 PAYMENT
           8.4.1 INCREASE IN ADOPTION OF DIGITAL PAYMENT SYSTEMS IN THE MARKET
                    TABLE 35 RIDE SHARING PAYMENT SERVICES MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 36 RIDE SHARING PAYMENT SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.5 OTHER DATA SERVICES
           TABLE 37 OTHER DATA SERVICES MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
           TABLE 38 OTHER DATA SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

9 RIDE SHARING MARKET, BY VEHICLE TYPE (Page No. - 92)
    9.1 INTRODUCTION
           9.1.1 RESEARCH METHODOLOGY
           9.1.2 ASSUMPTIONS
           9.1.3 INDUSTRY INSIGHTS
                    FIGURE 31 RIDE SHARING MARKET SIZE, BY VEHICLE TYPE, 2021 VS. 2026 (USD MILLION)
                    TABLE 39 RIDE SHARING MARKET SIZE, BY VEHICLE TYPE, 2018–2020 (USD MILLION)
                    TABLE 40 RIDE SHARING MARKET SIZE, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
    9.2 INTERNAL COMBUSTION ENGINE (ICE) VEHICLE
           9.2.1 ICE VEHICLES TO DOMINATE THE GLOBAL RIDE SHARING INDUSTRY
                    FIGURE 32 COMPARISON OF RUNNING COST PER MONTH ICE VS EV, 2020 (USD)
                    TABLE 41 ICE VEHICLE RIDE SHARING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 42 ICE VEHICLE RIDE SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.3 CNG/LPG VEHICLE
           9.3.1 HIGH ADOPTION IN INDIA AND CHINA TO MAKE ASIA PACIFIC THE LARGEST CNG/LPG RIDE SHARING MARKET
                    TABLE 43 CNG/LPG VEHICLE RIDE SHARING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 44 CNG/LPG VEHICLE RIDE SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.4 ELECTRIC VEHICLE
           9.4.1 ELECTRIC VEHICLES TO CAPTURE A SIGNIFICANT SHARE OF ICE VEHICLE RIDE SHARING
                    TABLE 45 ELECTRIC VEHICLE RIDE SHARING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 46 ELECTRIC VEHICLE RIDE SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.5 MICRO-MOBILITY
           9.5.1 ASIA PACIFIC TO BE THE LARGEST MARKET FOR MICRO-MOBILITY
                    TABLE 47 MICRO-MOBILITY RIDE SHARING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 48 MICRO-MOBILITY RIDE SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

10 MICRO-MOBILITY MARKET, BY VEHICLE TYPE (Page No. - 100)
     10.1 INTRODUCTION
             10.1.1 RESEARCH METHODOLOGY
             10.1.2 ASSUMPTIONS
             10.1.3 INDUSTRY INSIGHTS
                        FIGURE 33 MICRO-MOBILITY MARKET SIZE, BY VEHICLE TYPE, 2021 VS. 2026 (USD MILLION)
                        TABLE 49 MICRO-MOBILITY MARKET SIZE, BY VEHICLE TYPE, 2018–2020 (USD MILLION)
                        TABLE 50 MICRO-MOBILITY MARKET SIZE, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
     10.2 BIKE/BICYCLE
             10.2.1 ASIA PACIFIC TO DOMINATE THE BICYCLE SHARING MARKET OWING TO THE PRESENCE OF LEADERS SUCH AS OFO AND MOBIKE
                        TABLE 51 BIKE/BICYCLE RIDE SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                        TABLE 52 BIKE/BICYCLE: MICRO-MOBILITY MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.3 SCOOTERS
             10.3.1 HIGHER DEMAND FOR SCOOTERS FROM ASIAN COUNTRIES TO DRIVE SEGMENTAL GROWTH
                        TABLE 53 SCOOTER RIDE SHARING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                        TABLE 54 SCOOTER RIDE SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.4 OTHER MICRO-MOBILITY VEHICLES
              TABLE 55 OTHER MICRO-MOBILITY VEHICLES MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
              TABLE 56 OTHER MICRO-MOBILITY VEHICLES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

11 RIDE SHARING MARKET, BY DISTANCE (Page No. - 107)
     11.1 INTRODUCTION
             11.1.1 RESEARCH METHODOLOGY
             11.1.2 ASSUMPTIONS
             11.1.3 INDUSTRY INSIGHTS
                        FIGURE 34 RIDE SHARING MARKET SIZE, BY DISTANCE, 2021 VS. 2026 (USD MILLION)
                        TABLE 57 RIDE SHARING MARKET SIZE, BY DISTANCE, 2018–2020 (USD MILLION)
                        TABLE 58 RIDE SHARING MARKET SIZE, BY DISTANCE, 2021–2026 (USD MILLION)
     11.2 SHORT DISTANCE
             11.2.1 E-HAILING AND STATION-BASED MOBILITY TO LEAD THE MARKET FOR SHORT-DISTANCE RIDE SHARING
                        TABLE 59 SHORT-DISTANCE RIDE SHARING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                        TABLE 60 SHORT-DISTANCE RIDE SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     11.3 LONG DISTANCE
             11.3.1 CAR RENTALS TO DRIVE THE MARKET FOR LONG-DISTANCE RIDE SHARING
                        TABLE 61 LONG-DISTANCE RIDE SHARING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                        TABLE 62 LONG-DISTANCE RIDE SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

12 CAR SHARING MARKET, BY TYPE (Page No. - 112)
     12.1 INTRODUCTION
             12.1.1 RESEARCH METHODOLOGY
             12.1.2 ASSUMPTIONS
             12.1.3 INDUSTRY INSIGHTS
                        FIGURE 35 CAR SHARING MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD MILLION)
                        TABLE 63 CAR SHARING MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                        TABLE 64 CAR SHARING MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
     12.2 P2P CAR SHARING
              TABLE 65 TOP PLAYERS OFFERING P2P CAR SHARING
             12.2.1 P2P TO LEAD THE CAR SHARING MARKET WITH ADVANTAGES SUCH AS CONVENIENCE, AVAILABILITY, AND MONETARY SAVINGS
                        TABLE 66 P2P CAR SHARING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                        TABLE 67 P2P CAR SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     12.3 CORPORATE CAR SHARING
              TABLE 68 TOP PLAYERS OFFERING CORPORATE CAR SHARING
             12.3.1 CORPORATE CAR SHARING PEGGED TO GROW AS PEOPLE TRAVELING FOR BUSINESS PURPOSES ARE EASIER TO FIND
                        TABLE 69 CORPORATE CAR SHARING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                        TABLE 70 CORPORATE CAR SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

13 RIDE SHARING MARKET, BY REGION (Page No. - 118)
     13.1 INTRODUCTION
             13.1.1 RESEARCH METHODOLOGY
             13.1.2 ASSUMPTIONS
             13.1.3 INDUSTRY INSIGHTS
                        FIGURE 36 RIDE SHARING MARKET SIZE, BY REGION, 2021 VS. 2026 (USD MILLION)
                        TABLE 71 RIDE SHARING MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                        TABLE 72 RIDE SHARING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                        TABLE 73 RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                        TABLE 74 RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
     13.2 ASIA PACIFIC
              TABLE 75 ASIA PACIFIC: TOP PLAYERS
              TABLE 76 ASIA PACIFIC: RIDE SHARING MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
              TABLE 77 ASIA PACIFIC: RIDE SHARING MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
              FIGURE 37 ASIA PACIFIC: RIDE SHARING MARKET SNAPSHOT
             13.2.1 CHINA
                        13.2.1.1 China to be the largest in the overall ride sharing market with the presence of the largest player, Didi
                                     TABLE 78 CHINA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 79 CHINA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.2.2 INDIA
                        13.2.2.1 India to be the fastest-growing market in Asia Pacific
                                     TABLE 80 INDIA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 81 INDIA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.2.3 JAPAN
                        13.2.3.1 Station-based mobility estimated witness fastest market growth in Japan
                                     TABLE 82 JAPAN: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 83 JAPAN: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.2.4 SINGAPORE
                        13.2.4.1 Singapore: The third-largest market for ride sharing in Asia Pacific owing to the presence of leading players such as Grab
                                     TABLE 84 SINGAPORE: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 85 SINGAPORE: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.2.5 INDONESIA
                        13.2.5.1 Indonesia estimated to be the second-largest market for ride sharing in Asia Pacific
                                     TABLE 86 INDONESIA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 87 INDONESIA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.2.6 AUSTRALIA
                        13.2.6.1 Car sharing is estimated to experience the fastest growth in the Australian ride sharing market
                                     TABLE 88 AUSTRALIA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 89 AUSTRALIA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
     13.3 EUROPE
              TABLE 90 EUROPE: TOP PLAYERS
              FIGURE 38 EUROPE: RIDE SHARING MARKET SIZE, BY COUNTRY, 2021 VS. 2026 (USD MILLION)
              TABLE 91 EUROPE: RIDE SHARING MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
              TABLE 92 EUROPE: RIDE SHARING MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
             13.3.1 UK
                        13.3.1.1 UK to be the largest market for e-hailing in Europe
                                     TABLE 93 UK: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 94 UK: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.3.2 GERMANY
                        13.3.2.1 Car sharing to be the largest market, following e-hailing in Germany
                                     TABLE 95 GERMANY: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 96 GERMANY: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.3.3 FRANCE
                        13.3.3.1 E-hailing to be the largest market for ride sharing in France
                                     TABLE 97 FRANCE: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 98 FRANCE: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.3.4 ITALY
                        13.3.4.1 Station-based mobility to witness highest CAGR for ride sharing in Italy
                                     TABLE 99 ITALY: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 100 ITALY: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.3.5 RUSSIA
                        13.3.5.1 Station-based mobility to register highest growth rate in ride sharing in Russia
                                     TABLE 101 RUSSIA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 102 RUSSIA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.3.6 SPAIN
                        13.3.6.1 E-hailing to be the largest in the Spainses ride sharing market
                                     TABLE 103 SPAIN: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 104 SPAIN: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.3.7 TURKEY
                        13.3.7.1 Turkey to be the fastest-growing market for ride sharing in Europe
                                     TABLE 105 TURKEY: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 106 TURKEY: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.3.8 NETHERLANDS
                        13.3.8.1 Station-based mobility has the great potential market in the Netherlands
                                     TABLE 107 NETHERLANDS: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 108 NETHERLANDS: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
     13.4 NORTH AMERICA
              TABLE 109 NORTH AMERICA: TOP PLAYERS
              TABLE 110 NORTH AMERICA: RIDE SHARING MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
              TABLE 111 NORTH AMERICA: RIDE SHARING MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
              FIGURE 39 NORTH AMERICA: RIDE SHARING MARKET SNAPSHOT
             13.4.1 US
                        13.4.1.1 The US to be the second-largest in the global ride sharing market, owing to the presence of Uber and Lyft
                                     TABLE 112 US: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 113 US: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.4.2 CANADA
                        13.4.2.1 Car sharing to experience the fastest growth in Canada
                                     TABLE 114 CANADA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 115 CANADA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.4.3 MEXICO
                        13.4.3.1 Mexico to be the fastest-growing country-level market in North America
                                     TABLE 116 MEXICO: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 117 MEXICO: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
     13.5 REST OF THE WORLD (ROW)
              TABLE 118 ROW: TOP PLAYERS
              FIGURE 40 ROW: RIDE SHARING MARKET SIZE, BY COUNTRY, 2021 VS. 2026 (USD MILLION)
              TABLE 119 ROW: RIDE SHARING MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
              TABLE 120 ROW: RIDE SHARING MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
             13.5.1 BRAZIL
                        13.5.1.1 Car sharing to be the second-largest market by 2026, subsequent to e-hailing
                                     TABLE 121 BRAZIL: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 122 BRAZIL: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.5.2 UAE
                        13.5.2.1 E-hailing to dominate the UAE ride sharing market
                                     TABLE 123 UAE: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 124 UAE: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             13.5.3 SOUTH AFRICA
                        13.5.3.1 South Africa to be the fastest-growing country in the RoW region
                                     TABLE 125 SOUTH AFRICA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2018–2020 (USD MILLION)
                                     TABLE 126 SOUTH AFRICA: RIDE SHARING MARKET SIZE, BY SERVICE TYPE, 2021–2026 (USD MILLION)

14 COMPETITIVE LANDSCAPE (Page No. - 147)
     14.1 OVERVIEW
     14.2 RIDE SHARING MARKET SHARE ANALYSIS, 2020
              TABLE 127 RIDE SHARING MARKET SHARE ANALYSIS, 2020
              FIGURE 41 RIDE SHARING MARKET SHARE, 2020
     14.3 COMPANY EVALUATION QUADRANT: E-HAILING, CAR RENTAL, AND CAR SHARING SERVICE PROVIDERS
             14.3.1 STARS
             14.3.2 EMERGING LEADERS
             14.3.3 PERVASIVE PLAYERS
             14.3.4 PARTICIPANTS
                        TABLE 128 RIDE SHARING MARKET: COMPANY PRODUCT FOOTPRINT, 2020
                        TABLE 129 RIDE SHARING MARKET: VEHICLE TYPE FOOTPRINT, 2020
                        TABLE 130 RIDE SHARING MARKET: COMPANY REGION FOOTPRINT, 2020
                        FIGURE 42 COMPETITIVE EVALUATION MATRIX, E-HAILING, CAR RENTAL, AND CAR SHARING SERVICE PROVIDERS, 2020
                        FIGURE 43 DETAILS ON KEY DEVELOPMENTS BY LEADING PLAYERS
     14.4 COMPETITIVE SCENARIO
             14.4.1 NEW PRODUCT/SERVICE LAUNCHES
                        TABLE 131 NEW PRODUCT/SERVICE LAUNCHES, 2018–2021
             14.4.2 DEALS
                        TABLE 132 DEALS, 2018–2021
             14.4.3 OTHERS
                        TABLE 133 OTHERS, 2018–2021
     14.5 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2018–2021
              FIGURE 44 COMPANIES ADOPTED NEW PRODUCT/SERVICE DEVELOPMENTS AND EXPANSIONS AS KEY GROWTH STRATEGIES, 2018–2021
     14.6 COMPANY EVALUATION QUADRANT: MICRO-MOBILITY SERVICE PROVIDERS
             14.6.1 STARS
             14.6.2 EMERGING LEADERS
             14.6.3 PERVASIVE PLAYERS
             14.6.4 PARTICIPANTS
                        FIGURE 45 COMPETITIVE EVALUATION MATRIX, MICRO-MOBILITY SERVICE  PROVIDERS, 2020

15 COMPANY PROFILES (Page No. - 167)
(Business overview, Products/Services offered, Recent developments & MnM View)*
     15.1 KEY PLAYERS
             15.1.1 DIDI CHUXING (DIDI)
                        TABLE 134 DIDI: BUSINESS OVERVIEW
                        TABLE 135 DIDI: PRODUCTS/SERVICES OFFERED
                        TABLE 136 DIDI: NEW PRODUCT/SERVICE DEVELOPMENTS
                        TABLE 137 DIDI: DEALS
                        TABLE 138 DIDI: OTHER DEVELOPMENTS
             15.1.2 UBER TECHNOLOGIES, INC. (UBER)
                        TABLE 139 UBER: BUSINESS OVERVIEW
                        FIGURE 46 UBER: COMPANY SNAPSHOT
                        TABLE 140 UBER: PRODUCTS/SERVICES OFFERED
                        TABLE 141 UBER: NEW PRODUCT/SERVICE DEVELOPMENTS
                        TABLE 142 UBER: DEALS
                        TABLE 143 UBER: OTHER DEVELOPMENTS
             15.1.3 GETT
                        TABLE 144 GETT: BUSINESS OVERVIEW
                        TABLE 145 GETT: PRODUCTS/SERVICES OFFERED
                        TABLE 146 GETT: OTHER DEVELOPMENT
             15.1.4 LYFT, INC (LYFT)
                        TABLE 147 LYFT: BUSINESS OVERVIEW
                        FIGURE 47 LYFT: COMPANY SNAPSHOT
                        TABLE 148 LYFT: PRODUCTS/SERVICES OFFERED
                        TABLE 149 LYFT: NEW PRODUCT/SERVICE DEVELOPMENTS
                        TABLE 150 LYFT: DEALS
             15.1.5 GRAB
                        TABLE 151 GRAB: BUSINESS OVERVIEW
                        TABLE 152 GRAB: PRODUCTS/SERVICES OFFERED
                        TABLE 153 GRAB: NEW PRODUCT/SERVICE DEVELOPMENTS
                        TABLE 154 GRAB: DEALS
                        TABLE 155 GRAB: OTHER DEVELOPMENTS
             15.1.6 ANI TECHNOLOGIES PVT. LTD (OLA)
                        TABLE 156 OLA: BUSINESS OVERVIEW
                        TABLE 157 OLA: PRODUCTS/SERVICES OFFERED
                        TABLE 158 OLA: NEW PRODUCT/SERVICE DEVELOPMENTS
                        TABLE 159 OLA: DEALS
                        TABLE 160 OLA: OTHER DEVELOPMENTS
             15.1.7 BLABLACAR
                        TABLE 161 BLABLACAR: BUSINESS OVERVIEW
                        TABLE 162 BLABLACAR: PRODUCTS/SERVICES OFFERED
                        TABLE 163 BLABLACAR: NEW PRODUCT/SERVICE DEVELOPMENTS
                        TABLE 164 BLABLACAR: DEALS
                        TABLE 165 BLABLACAR: OTHER DEVELOPMENTS
             15.1.8 INTEL
                        TABLE 166 INTEL: BUSINESS OVERVIEW
                        FIGURE 48 INTEL: COMPANY SNAPSHOT
                        TABLE 167 INTEL: PRODUCTS/SERVICES OFFERED
                        TABLE 168 INTEL: NEW PRODUCT/SERVICE DEVELOPMENTS
                        TABLE 169 INTEL: DEALS
             15.1.9 TOMTOM INTERNATIONAL BV
                        TABLE 170 TOMTOM INTERNATIONAL BV: BUSINESS OVERVIEW
                        FIGURE 49 TOMTOM INTERNATIONAL BV: COMPANY SNAPSHOT
                        TABLE 171 TOMTOM INTERNATIONAL BV: PRODUCTS/SERVICES OFFERED
                        TABLE 172 TOMTOM INTERNATIONAL BV: NEW PRODUCT/SERVICE DEVELOPMENTS
                        TABLE 173 TOMTOM INTERNATIONAL BV: DEALS
             15.1.10 APTIV
                        TABLE 174 APTIV: BUSINESS OVERVIEW
                        FIGURE 50 APTIV: COMPANY SNAPSHOT
                        TABLE 175 APTIV: PRODUCTS/SERVICES OFFERED
                        TABLE 176 APTIV: DEALS
             15.1.11 DENSO CORPORATION
                        TABLE 177 DENSO CORPORATION: BUSINESS OVERVIEW
                        FIGURE 51 DENSO CORPORATION: COMPANY SNAPSHOT
                        TABLE 178 DENSO CORPORATION: PRODUCTS/SERVICES OFFERED
                        TABLE 179 DENSO CORPORATION: DEALS
                        TABLE 180 DENSO CORPORATION: OTHER DEVELOPMENTS
*Details on Business overview, Products/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
     15.2 OTHER PLAYERS
             15.2.1 IBM
                        TABLE 181 IBM: BUSINESS OVERVIEW
             15.2.2 FORD
                        TABLE 182 FORD: BUSINESS OVERVIEW
             15.2.3 GENERAL MOTORS
                        TABLE 183 GENERAL MOTORS: BUSINESS OVERVIEW
             15.2.4 WAYMO
                        TABLE 184 WAYMO: BUSINESS OVERVIEW
             15.2.5 DAIMLER
                        TABLE 185 DIAMLER: BUSINESS OVERVIEW
             15.2.6 CAR2GO
                        TABLE 186 CAR2GO: BUSINESS OVERVIEW
             15.2.7 BMW
                        TABLE 187 BMW: BUSINESS OVERVIEW
             15.2.8 BOSCH
                        TABLE 188 BOSCH: BUSINESS OVERVIEW
             15.2.9 CABIFY
                        TABLE 189 CABIFY: BUSINESS OVERVIEW
             15.2.10 BOLT
                        TABLE 190 BOLT: BUSINESS OVERVIEW
             15.2.11 TOYOTA
                        TABLE 191 TOYOTA: BUSINESS OVERVIEW
             15.2.12 GOGET
                        TABLE 192 GOGET: BUSINESS OVERVIEW
             15.2.13 VIA TRANSPORTATION, INC.
                        TABLE 193 VIA TRANSPORTATION, INC.: BUSINESS OVERVIEW
             15.2.14 EASY TAXI
                        TABLE 194 EASY TAXI: BUSINESS OVERVIEW

16 APPENDIX (Page No. - 211)
     16.1 INSIGHTS OF INDUSTRY EXPERTS
     16.2 DISCUSSION GUIDE
     16.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     16.4 AVAILABLE CUSTOMIZATIONS
             16.4.1 RIDE SHARING MARKET, BY VEHICLE TYPE (KEY COUNTRIES)
                        16.4.1.1 Electric vehicle mobility
                        16.4.1.2 CNG/LPG vehicle
                        16.4.1.3 ICE vehicle mobility
                        16.4.1.4 Micro-mobility
             16.4.2 RIDE SHARING MARKET, BY CITY
                        16.4.2.1 New York, NY, US
                        16.4.2.2 Los Angeles, CA, US
                        16.4.2.3 London, UK
                        16.4.2.4 Berlin, Germany
                        16.4.2.5 Madrid, Spain
                        16.4.2.6 Dubai, UAE
                        16.4.2.7 Toronto, Canada
     16.5 RELATED REPORTS
     16.6 AUTHOR DETAILS

The study involves four main activities to estimate the current size of the ride sharing market. Exhaustive secondary research was done to collect information on the market, such as ride sharing service type and vehicle types. The next step was to validate these findings, assumptions, and market analysis with industry experts across value chains through primary research. Bottom-up and top-down approaches were employed to estimate the complete market size for different segments considered under this study. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.

Secondary Research

Secondary sources referred to in this research study include The International Council on Clean Transportation (ICCT), Country-wise & regional automobile manufacturers’ association, US National Highway Traffic Safety Administration (NHTSA), China Center for Urban Development (CCUD); corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and automotive associations. The secondary data was collected and analyzed to arrive at the overall market size, which is further validated by primary research.

Primary Research

Extensive primary research was conducted after acquiring an understanding of the ride sharing market scenario through secondary research. Several primary interviews were conducted with market experts from both the MSPs (mobility service providers), OEMs (vehicle manufacturers involved in ride sharing space) across three major regions, namely, North America, Europe, and Asia Pacific. Approximately 80% and 20% of the primary interviews were conducted from the MSPs and OEMs participants, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews. Various departments within organizations, including sales, operations, and administration strived, to provide a holistic viewpoint in reports while canvassing primaries.

After interacting with industry participants, some brief sessions were conducted with experienced independent consultants to reinforce the findings from the primaries. This, along with the opinions of in-house subject matter experts, has led to the findings delineated in the rest of this report.

Ride Hailing Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The bottom-up approach was used to estimate and validate the size of the ride sharing market. The market size, by value, was derived by identifying the companies having 90%–95% (by value) presence in the ride sharing business in that country through secondary research and validated through primaries. The revenue of each company was estimated and gathered wherever data was available. In some cases, the booked value of the ride sharing company is calculated with the help of the daily or monthly average number of rides multiplied by the average cost of the ride. The addition of booked value/revenue of major players of the country gives the ride sharing market of that country. The penetration of each service type (e-hailing, car sharing, car rental, and station-based mobility) at the country level has been derived from secondary sources and validated through primaries. The penetration of each service type was multiplied by the country-level ride sharing market to get the ride sharing market value (USD million), by service type, for each country.

The top-down approach was used to estimate and validate the market by vehicle type in terms of value. The ride sharing market value (USD million), by region (Asia Pacific, North America, Europe, and RoW), was derived from the global ride sharing market. The penetration of each vehicle type (ICE vehicle, CNG/LPG vehicles, electric vehicles, and micro-mobility) at the regional level has been derived from secondary sources and validated through primaries. The penetration of each vehicle type was multiplied by the regional ride sharing market to get the ride sharing market (USD million), by vehicle type, for each region. A summation of all region-wise markets was done to derive the total ride sharing market (USD million) by vehicle type.

Ride Hailing Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Ride Hailing Market Size, and Share

Report Objectives

  • To define, describe, and forecast the size of the ride sharing market in terms of value:
  • By service type (e-hailing, car sharing, station-based mobility, and car rental)
  • Car sharing market, by type (P2P car sharing and corporate car sharing)
  • By vehicle type (ICE vehicle, electric vehicle, CNG/LPG vehicle, and micro-mobility vehicle)
  • Micro-mobility market, by vehicle type (bike/bicycle, scooter, and other micro-mobility vehicles)
  • By data service (navigation, information service, payment, and other data services)
  • By distance (short distance and long distance)
  • By region (Asia Pacific, North America, Europe, and the Rest of the World)
  • To understand the market dynamics (drivers, restraints, opportunities, and challenges) of the market
  • To analyze the market share of leading players in the ride sharing market and evaluate competitive leadership mapping
  • To strategically analyze the market with Porter’s five forces analysis, case studies, patent analysis, technology analysis, regulatory analysis, and COVID-19 impact analysis
  • To analyze recent developments, including mergers & acquisitions, new product launches, expansions, and other activities, undertaken by key industry participants in the market

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AT 4965
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