Ride Sharing Market
PUBLISHED: 2022 ID: SMRC22127
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Ride Sharing Market

Ride Sharing Market Forecasts to 2028 - Global Analysis By Service Type (E- Hailing, Car Sharing and Other Service Types), Business Model (P2P Car Sharing, Corporate Car Sharing, other Business Models), Membership Type (Fixed Ridesharing, Corporate Ridesharing and Dynamic Ridesharing), Vehicle Type (Electric Vehicle, CNG/LPG Vehicle and other Vehicle Types), Data Service, Distance, Application and Geography

4.1 (82 reviews)
4.1 (82 reviews)
Published: 2022 ID: SMRC22127

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $101.75 BN

Projected Year Value (2028)

US $283.19 BN

CAGR (2022 - 2028)

18.6%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

North America

According to Stratistics MRC, the Global Ride Sharing Market is accounted for $101.75 billion in 2022 and is expected to reach $283.19 billion by 2028 growing at a CAGR of 18.6% during the forecast period. The current idea in the mobility industry, ridesharing, has become extremely popular in the areas of carpooling, car sharing, and auto hailing. People offer and accept rides through the ride-sharing system at the driver's convenience. There are numerous apps that have been created by businesses all over the world that allow a driver of a car or other type of vehicle to give a ride, and other users can accept the offer based on the route and price specified by the driver. By providing one-way and two-way rides, ridesharing facilitates both short and long drives. Due to the lack of access to personal vehicles, many economically developing nations use car-hailing services. People can travel longer distances comfortably and easily at a cheaper cost.

According to the Dalia survey, 45% of the region's smartphone-owning urban population has used a ridesharing app or site, with Mexico leading the way at 58%. According to the recent global survey by Cars.com in mid-March 2020, over 40 % of the respondents had stopped using ridesharing and hailing services to reduce the odds of catching the contagious virus.



Market Dynamics:

Driver:

Increasing Penetration of Internet and Smartphones

The growing use of smart devices like smartphones and smart wearables as well as the rising use of internet data have increased the demand for ride sharing services globally and accelerated the expansion of the global ride sharing market. The essential need for using ride-hailing services is internet connectivity. To access the information and navigation of the ride, passengers must download ride-providing programmes onto their cellphones through the internet. The proper operation of V2V communication, navigation, and telematics requires internet access. Additionally, the smartphone apps offer a range of security measures, including the name, number, and photo of the driver, the vehicle's number, route information, and records of previous rides.

Restraint:

Resistance from the Traditional Transport Services

Disputes and confrontations between conventional three-wheeler and taxi drivers are being spurred on by the increasing use of ride-sharing services throughout the world. In comparison to traditional transportation service providers, the providers of ride services have more advantages, such as affordable doorstep pickup and drop-off, full route details, and increased convenience. As a result, taxi drivers in nations like Japan and India are against the ride-sharing companies. The passengers, however, could be put in danger due to the advanced features. The transportation service apps include payment apps that are linked to these apps as well as comprehensive user information.

Opportunity:

Stringent Carbon Emission Norms

The rate of vehicle emissions has been rising over time on a global scale. The global greenhouse gas emissions are significantly influenced by the car industry. The government, businesses, and automakers are making additional efforts to reduce the rising CO2 emissions. Many organisations, including the International Institute for Sustainable Development of Canada, the Ministry of Environment and Climate Change of India, and the Paris Agreement on Climate Change of the European Union, have established aspirational goals and standards, including increasing the amount of forest cover to reduce carbon footprints in the upcoming years. Therefore, rather than owning an own vehicle, these norms are likely to influence how these sharing services are used.

Threat:

Impact of government oversight and involvement

Regulating agencies are adamant that innovative business strategies produce both winners and losers. While Europe is currently lagging behind in this transition to ride-sharing, it is happening quickly in the US and Asia. It is also anticipated that certain nations would work toward unifying their regulations for both ride-sharing and taxis. Obtaining licences to operate in different nations is another difficulty faced by players in the ride-hailing industry. Local transportation network firms are governed by a number of established norms and regulations that are set forth by governments. For instance, the Philippines' government authorities rejected GO-application JEK's for a ride-sharing service because it did not adhere to the criteria for local ownership.

Covid-19 Impact

Due to the new coronavirus, the automobile and travel industries have seen a sharp decline in the number of customers and commuters. The market will face new challenges as a result of the new rules and regulations the government has implemented to support social isolation and hygienic standards. The COVID-19 pandemic can further impede the growth of the business due to the panic and concern that individuals feel about the transmission of infection while travelling. Cab services will be avoided during the epidemic, which will have a direct impact on industry growth and introduce new challenges.

The E- Hailing segment is expected to be the largest during the forecast period

The E- Hailing segment is estimated to have a lucrative growth. The convenience of booking, increasing traffic congestion, passenger comfort, and increased government measures to raise public awareness of air pollution are all contributing to the demand for ride-sharing services, most notably e-hailing. The e-hailing business will probably expand as a result of the growing collaboration between domestic and Foreign Service providers, such as Uber and Didi.

The short distance segment is expected to have the highest CAGR during the forecast period

The short distance segment is anticipated to witness the fastest CAGR growth during the forecast period. Daily commuters have a great alternative to private vehicles with this kind of commute. The majority of the market share is anticipated to be held by corporate commuting and short distance. However, it is projected that the short-distance type will dominate over the forecast period due to the rising trend of ride-hailing platform providers offering these services through their current platforms. The option to choose between ride hailing and ride sharing is provided by this kind of service. Over the projected period, it is expected that this convenience will have a significant impact on the segment's growth.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to Asian countries have a lot of cities and towns that are developing quickly, making them a promising market for ride-sharing services. The two countries with the largest populations in the region are China and India. Over the projected period, ride sharing is expected to grow quickly in China, which already dominates the ride hailing business. Although India has had recent years of strong growth, the sector has not yet fully realised the potential of the nation.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to the rapid growth of electric vehicles in nations like Canada, the United States, and Mexico, the area dominates the global market. Additionally, the ride service companies' quick embrace of technologically enhanced services. In Canada, Uber has been growing its clientele quickly. For instance, Lyft was the first business to announce the debut of its green mode, which allows consumers to rideshare in electric cars, last year. Additionally, the corporation unveiled this project in support of the "Green City Initiative," which aims to cut back on the consumption of fossil fuels. Thus, the market in this area is growing faster as a result of these changes.



Key players in the market

Some of the key players profiled in the Ride Sharing Market include DiDi Global Inc., Uber Technologies Inc., Gett, Grab, Bolt Technology OÜ, Careem, Cabify España S.L.U., Lyft, Inc., Zimride, car2go Group GmbH, ANI Technologies Pvt. Ltd., Taxify and AirAsia.

Key Developments:

In June 2022, Uber has launched a new UberX Share service to share rides, which is remarkably similar to Uber's pre-pandemic carpooling feature, but with a monetary incentive. Riders who choose UberX Share will be paired with another co-rider travelling in the same direction. Uber will give riders a 20% reduction on the overall fee in exchange for the inconvenience and extra time spent on the road. Even if riders are not matched with a co-rider, they will receive an up-front discount on their ride.

In February 2022, Avolon and AirAsia partnered to create a transformational ridesharing platform in Southeast Asia by 2025. Air Asia has signed an MOU to lease a minimum of 100 VX4 eVTOL aircraft from Avolon. These eVTOL aircraft will allow AirAsia to further revolutionize air travel by providing advanced air mobility to a new range of passengers. In addition to the eVTOL aircraft, Avolon, through its investment and innovation affiliate Avolon-e, will partner with AirAsia to commercialize zero-emissions eVTOL aircraft and develop an industry-leading urban air mobility ('UAM') platform in Southeast Asia.

In May 2021, The GrabPet XL and GrabCar Exec services will provide more options for Grab passengers with different mobility requirements while expanding earning opportunities for eligible driver-partners.

Service Types Covered:
• E- Hailing
• Car Sharing
• Station-Based Mobility
• Car Rental
• Other Service Types

Business Models Covered:
• P2P Car Sharing
• Corporate Car Sharing
• Business to Business
• Business to Customer

Membership Types Covered:
• Fixed Ridesharing
• Corporate Ridesharing
• Dynamic Ridesharing

Vehicle Types Covered:
• Electric Vehicle
• CNG/LPG Vehicle
• ICE Vehicle
• Micro-Mobility Vehicle
• Other Vehicle Types

Data Services Covered:
• Navigation
• Information Service
• Payment
• Other Data Services

Distances Covered:
• Short Distance
• Long Distance

Application Covered:
• IOS
• Android
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Ride Sharing Market, By Service Type
5.1 Introduction
5.2 E- Hailing
5.3 Car Sharing
5.4 Station-Based Mobility
5.5 Car Rental
5.6 Other Service Types

6 Global Ride Sharing Market, By Business Model
6.1 Introduction
6.2 P2P Car Sharing
6.3 Corporate Car Sharing
6.4 Business to Business
6.5 Business to Customer

7 Global Ride Sharing Market, By Membership Type
7.1 Introduction
7.2 Fixed Ridesharing
7.3 Corporate Ridesharing
7.4 Dynamic Ridesharing

8 Global Ride Sharing Market, By Vehicle Type
8.1 Introduction
8.2 Electric Vehicle
8.3 CNG/LPG Vehicle
8.4 ICE Vehicle
8.5 Micro-Mobility Vehicle
8.6 Other Vehicle Types

9 Global Ride Sharing Market, By Data Service
9.1 Introduction
9.2 Navigation
9.3 Information Service
9.4 Payment
9.5 Other Data Services

10 Global Ride Sharing Market, By Distance
10.1 Introduction
10.2 Short Distance
10.3 Long Distance

11 Global Ride Sharing Market, By Application
11.1 Introduction
11.2 IOS
11.3 Android
11.4 Other Applications

12 Global Ride Sharing Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa

13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies

14 Company Profiling
14.1 DiDi Global Inc.
14.2 Uber Technologies Inc.
14.3 Gett
14.4 Grab
14.5 Bolt Technology OÜ
14.6 Careem
14.7 Cabify España S.L.U.
14.8 Lyft, Inc.
14.9 Zimride
14.10 car2go Group GmbH
14.11 ANI Technologies Pvt. Ltd.
14.12 Taxify
14.13 AirAsia

List of Tables
1 Global Ride Sharing Market Outlook, By Region (2020-2028) ($MN)
2 Global Ride Sharing Market Outlook, By Service Type (2020-2028) ($MN)
3 Global Ride Sharing Market Outlook, By E- Hailing (2020-2028) ($MN)
4 Global Ride Sharing Market Outlook, By Car Sharing (2020-2028) ($MN)
5 Global Ride Sharing Market Outlook, By Station-Based Mobility (2020-2028) ($MN)
6 Global Ride Sharing Market Outlook, By Car Rental (2020-2028) ($MN)
7 Global Ride Sharing Market Outlook, By Other Service Types (2020-2028) ($MN)
8 Global Ride Sharing Market Outlook, By Business Model (2020-2028) ($MN)
9 Global Ride Sharing Market Outlook, By P2P Car Sharing (2020-2028) ($MN)
10 Global Ride Sharing Market Outlook, By Corporate Car Sharing (2020-2028) ($MN)
11 Global Ride Sharing Market Outlook, By Business to Business (2020-2028) ($MN)
12 Global Ride Sharing Market Outlook, By Business to Customer (2020-2028) ($MN)
13 Global Ride Sharing Market Outlook, By Membership Type (2020-2028) ($MN)
14 Global Ride Sharing Market Outlook, By Fixed Ridesharing (2020-2028) ($MN)
15 Global Ride Sharing Market Outlook, By Corporate Ridesharing (2020-2028) ($MN)
16 Global Ride Sharing Market Outlook, By Dynamic Ridesharing (2020-2028) ($MN)
17 Global Ride Sharing Market Outlook, By Vehicle Type (2020-2028) ($MN)
18 Global Ride Sharing Market Outlook, By Electric Vehicle (2020-2028) ($MN)
19 Global Ride Sharing Market Outlook, By CNG/LPG Vehicle (2020-2028) ($MN)
20 Global Ride Sharing Market Outlook, By ICE Vehicle (2020-2028) ($MN)
21 Global Ride Sharing Market Outlook, By Micro-Mobility Vehicle (2020-2028) ($MN)
22 Global Ride Sharing Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
23 Global Ride Sharing Market Outlook, By Data Service (2020-2028) ($MN)
24 Global Ride Sharing Market Outlook, By Navigation (2020-2028) ($MN)
25 Global Ride Sharing Market Outlook, By Information Service (2020-2028) ($MN)
26 Global Ride Sharing Market Outlook, By Payment (2020-2028) ($MN)
27 Global Ride Sharing Market Outlook, By Other Data Services (2020-2028) ($MN)
28 Global Ride Sharing Market Outlook, By Distance (2020-2028) ($MN)
29 Global Ride Sharing Market Outlook, By Short Distance (2020-2028) ($MN)
30 Global Ride Sharing Market Outlook, By Long Distance (2020-2028) ($MN)
31 Global Ride Sharing Market Outlook, By Application (2020-2028) ($MN)
32 Global Ride Sharing Market Outlook, By IOS (2020-2028) ($MN)
33 Global Ride Sharing Market Outlook, By Android (2020-2028) ($MN)
34 Global Ride Sharing Market Outlook, By Other Applications (2020-2028) ($MN)
35 North America Ride Sharing Market Outlook, By Country (2020-2028) ($MN)
36 North America Ride Sharing Market Outlook, By Service Type (2020-2028) ($MN)
37 North America Ride Sharing Market Outlook, By E- Hailing (2020-2028) ($MN)
38 North America Ride Sharing Market Outlook, By Car Sharing (2020-2028) ($MN)
39 North America Ride Sharing Market Outlook, By Station-Based Mobility (2020-2028) ($MN)
40 North America Ride Sharing Market Outlook, By Car Rental (2020-2028) ($MN)
41 North America Ride Sharing Market Outlook, By Other Service Types (2020-2028) ($MN)
42 North America Ride Sharing Market Outlook, By Business Model (2020-2028) ($MN)
43 North America Ride Sharing Market Outlook, By P2P Car Sharing (2020-2028) ($MN)
44 North America Ride Sharing Market Outlook, By Corporate Car Sharing (2020-2028) ($MN)
45 North America Ride Sharing Market Outlook, By Business to Business (2020-2028) ($MN)
46 North America Ride Sharing Market Outlook, By Business to Customer (2020-2028) ($MN)
47 North America Ride Sharing Market Outlook, By Membership Type (2020-2028) ($MN)
48 North America Ride Sharing Market Outlook, By Fixed Ridesharing (2020-2028) ($MN)
49 North America Ride Sharing Market Outlook, By Corporate Ridesharing (2020-2028) ($MN)
50 North America Ride Sharing Market Outlook, By Dynamic Ridesharing (2020-2028) ($MN)
51 North America Ride Sharing Market Outlook, By Vehicle Type (2020-2028) ($MN)
52 North America Ride Sharing Market Outlook, By Electric Vehicle (2020-2028) ($MN)
53 North America Ride Sharing Market Outlook, By CNG/LPG Vehicle (2020-2028) ($MN)
54 North America Ride Sharing Market Outlook, By ICE Vehicle (2020-2028) ($MN)
55 North America Ride Sharing Market Outlook, By Micro-Mobility Vehicle (2020-2028) ($MN)
56 North America Ride Sharing Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
57 North America Ride Sharing Market Outlook, By Data Service (2020-2028) ($MN)
58 North America Ride Sharing Market Outlook, By Navigation (2020-2028) ($MN)
59 North America Ride Sharing Market Outlook, By Information Service (2020-2028) ($MN)
60 North America Ride Sharing Market Outlook, By Payment (2020-2028) ($MN)
61 North America Ride Sharing Market Outlook, By Other Data Services (2020-2028) ($MN)
62 North America Ride Sharing Market Outlook, By Distance (2020-2028) ($MN)
63 North America Ride Sharing Market Outlook, By Short Distance (2020-2028) ($MN)
64 North America Ride Sharing Market Outlook, By Long Distance (2020-2028) ($MN)
65 North America Ride Sharing Market Outlook, By Application (2020-2028) ($MN)
66 North America Ride Sharing Market Outlook, By IOS (2020-2028) ($MN)
67 North America Ride Sharing Market Outlook, By Android (2020-2028) ($MN)
68 North America Ride Sharing Market Outlook, By Other Applications (2020-2028) ($MN)
69 Europe Ride Sharing Market Outlook, By Country (2020-2028) ($MN)
70 Europe Ride Sharing Market Outlook, By Service Type (2020-2028) ($MN)
71 Europe Ride Sharing Market Outlook, By E- Hailing (2020-2028) ($MN)
72 Europe Ride Sharing Market Outlook, By Car Sharing (2020-2028) ($MN)
73 Europe Ride Sharing Market Outlook, By Station-Based Mobility (2020-2028) ($MN)
74 Europe Ride Sharing Market Outlook, By Car Rental (2020-2028) ($MN)
75 Europe Ride Sharing Market Outlook, By Other Service Types (2020-2028) ($MN)
76 Europe Ride Sharing Market Outlook, By Business Model (2020-2028) ($MN)
77 Europe Ride Sharing Market Outlook, By P2P Car Sharing (2020-2028) ($MN)
78 Europe Ride Sharing Market Outlook, By Corporate Car Sharing (2020-2028) ($MN)
79 Europe Ride Sharing Market Outlook, By Business to Business (2020-2028) ($MN)
80 Europe Ride Sharing Market Outlook, By Business to Customer (2020-2028) ($MN)
81 Europe Ride Sharing Market Outlook, By Membership Type (2020-2028) ($MN)
82 Europe Ride Sharing Market Outlook, By Fixed Ridesharing (2020-2028) ($MN)
83 Europe Ride Sharing Market Outlook, By Corporate Ridesharing (2020-2028) ($MN)
84 Europe Ride Sharing Market Outlook, By Dynamic Ridesharing (2020-2028) ($MN)
85 Europe Ride Sharing Market Outlook, By Vehicle Type (2020-2028) ($MN)
86 Europe Ride Sharing Market Outlook, By Electric Vehicle (2020-2028) ($MN)
87 Europe Ride Sharing Market Outlook, By CNG/LPG Vehicle (2020-2028) ($MN)
88 Europe Ride Sharing Market Outlook, By ICE Vehicle (2020-2028) ($MN)
89 Europe Ride Sharing Market Outlook, By Micro-Mobility Vehicle (2020-2028) ($MN)
90 Europe Ride Sharing Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
91 Europe Ride Sharing Market Outlook, By Data Service (2020-2028) ($MN)
92 Europe Ride Sharing Market Outlook, By Navigation (2020-2028) ($MN)
93 Europe Ride Sharing Market Outlook, By Information Service (2020-2028) ($MN)
94 Europe Ride Sharing Market Outlook, By Payment (2020-2028) ($MN)
95 Europe Ride Sharing Market Outlook, By Other Data Services (2020-2028) ($MN)
96 Europe Ride Sharing Market Outlook, By Distance (2020-2028) ($MN)
97 Europe Ride Sharing Market Outlook, By Short Distance (2020-2028) ($MN)
98 Europe Ride Sharing Market Outlook, By Long Distance (2020-2028) ($MN)
99 Europe Ride Sharing Market Outlook, By Application (2020-2028) ($MN)
100 Europe Ride Sharing Market Outlook, By IOS (2020-2028) ($MN)
101 Europe Ride Sharing Market Outlook, By Android (2020-2028) ($MN)
102 Europe Ride Sharing Market Outlook, By Other Applications (2020-2028) ($MN)
103 Asia Pacific Ride Sharing Market Outlook, By Country (2020-2028) ($MN)
104 Asia Pacific Ride Sharing Market Outlook, By Service Type (2020-2028) ($MN)
105 Asia Pacific Ride Sharing Market Outlook, By E- Hailing (2020-2028) ($MN)
106 Asia Pacific Ride Sharing Market Outlook, By Car Sharing (2020-2028) ($MN)
107 Asia Pacific Ride Sharing Market Outlook, By Station-Based Mobility (2020-2028) ($MN)
108 Asia Pacific Ride Sharing Market Outlook, By Car Rental (2020-2028) ($MN)
109 Asia Pacific Ride Sharing Market Outlook, By Other Service Types (2020-2028) ($MN)
110 Asia Pacific Ride Sharing Market Outlook, By Business Model (2020-2028) ($MN)
111 Asia Pacific Ride Sharing Market Outlook, By P2P Car Sharing (2020-2028) ($MN)
112 Asia Pacific Ride Sharing Market Outlook, By Corporate Car Sharing (2020-2028) ($MN)
113 Asia Pacific Ride Sharing Market Outlook, By Business to Business (2020-2028) ($MN)
114 Asia Pacific Ride Sharing Market Outlook, By Business to Customer (2020-2028) ($MN)
115 Asia Pacific Ride Sharing Market Outlook, By Membership Type (2020-2028) ($MN)
116 Asia Pacific Ride Sharing Market Outlook, By Fixed Ridesharing (2020-2028) ($MN)
117 Asia Pacific Ride Sharing Market Outlook, By Corporate Ridesharing (2020-2028) ($MN)
118 Asia Pacific Ride Sharing Market Outlook, By Dynamic Ridesharing (2020-2028) ($MN)
119 Asia Pacific Ride Sharing Market Outlook, By Vehicle Type (2020-2028) ($MN)
120 Asia Pacific Ride Sharing Market Outlook, By Electric Vehicle (2020-2028) ($MN)
121 Asia Pacific Ride Sharing Market Outlook, By CNG/LPG Vehicle (2020-2028) ($MN)
122 Asia Pacific Ride Sharing Market Outlook, By ICE Vehicle (2020-2028) ($MN)
123 Asia Pacific Ride Sharing Market Outlook, By Micro-Mobility Vehicle (2020-2028) ($MN)
124 Asia Pacific Ride Sharing Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
125 Asia Pacific Ride Sharing Market Outlook, By Data Service (2020-2028) ($MN)
126 Asia Pacific Ride Sharing Market Outlook, By Navigation (2020-2028) ($MN)
127 Asia Pacific Ride Sharing Market Outlook, By Information Service (2020-2028) ($MN)
128 Asia Pacific Ride Sharing Market Outlook, By Payment (2020-2028) ($MN)
129 Asia Pacific Ride Sharing Market Outlook, By Other Data Services (2020-2028) ($MN)
130 Asia Pacific Ride Sharing Market Outlook, By Distance (2020-2028) ($MN)
131 Asia Pacific Ride Sharing Market Outlook, By Short Distance (2020-2028) ($MN)
132 Asia Pacific Ride Sharing Market Outlook, By Long Distance (2020-2028) ($MN)
133 Asia Pacific Ride Sharing Market Outlook, By Application (2020-2028) ($MN)
134 Asia Pacific Ride Sharing Market Outlook, By IOS (2020-2028) ($MN)
135 Asia Pacific Ride Sharing Market Outlook, By Android (2020-2028) ($MN)
136 Asia Pacific Ride Sharing Market Outlook, By Other Applications (2020-2028) ($MN)
137 South America Ride Sharing Market Outlook, By Country (2020-2028) ($MN)
138 South America Ride Sharing Market Outlook, By Service Type (2020-2028) ($MN)
139 South America Ride Sharing Market Outlook, By E- Hailing (2020-2028) ($MN)
140 South America Ride Sharing Market Outlook, By Car Sharing (2020-2028) ($MN)
141 South America Ride Sharing Market Outlook, By Station-Based Mobility (2020-2028) ($MN)
142 South America Ride Sharing Market Outlook, By Car Rental (2020-2028) ($MN)
143 South America Ride Sharing Market Outlook, By Other Service Types (2020-2028) ($MN)
144 South America Ride Sharing Market Outlook, By Business Model (2020-2028) ($MN)
145 South America Ride Sharing Market Outlook, By P2P Car Sharing (2020-2028) ($MN)
146 South America Ride Sharing Market Outlook, By Corporate Car Sharing (2020-2028) ($MN)
147 South America Ride Sharing Market Outlook, By Business to Business (2020-2028) ($MN)
148 South America Ride Sharing Market Outlook, By Business to Customer (2020-2028) ($MN)
149 South America Ride Sharing Market Outlook, By Membership Type (2020-2028) ($MN)
150 South America Ride Sharing Market Outlook, By Fixed Ridesharing (2020-2028) ($MN)
151 South America Ride Sharing Market Outlook, By Corporate Ridesharing (2020-2028) ($MN)
152 South America Ride Sharing Market Outlook, By Dynamic Ridesharing (2020-2028) ($MN)
153 South America Ride Sharing Market Outlook, By Vehicle Type (2020-2028) ($MN)
154 South America Ride Sharing Market Outlook, By Electric Vehicle (2020-2028) ($MN)
155 South America Ride Sharing Market Outlook, By CNG/LPG Vehicle (2020-2028) ($MN)
156 South America Ride Sharing Market Outlook, By ICE Vehicle (2020-2028) ($MN)
157 South America Ride Sharing Market Outlook, By Micro-Mobility Vehicle (2020-2028) ($MN)
158 South America Ride Sharing Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
159 South America Ride Sharing Market Outlook, By Data Service (2020-2028) ($MN)
160 South America Ride Sharing Market Outlook, By Navigation (2020-2028) ($MN)
161 South America Ride Sharing Market Outlook, By Information Service (2020-2028) ($MN)
162 South America Ride Sharing Market Outlook, By Payment (2020-2028) ($MN)
163 South America Ride Sharing Market Outlook, By Other Data Services (2020-2028) ($MN)
164 South America Ride Sharing Market Outlook, By Distance (2020-2028) ($MN)
165 South America Ride Sharing Market Outlook, By Short Distance (2020-2028) ($MN)
166 South America Ride Sharing Market Outlook, By Long Distance (2020-2028) ($MN)
167 South America Ride Sharing Market Outlook, By Application (2020-2028) ($MN)
168 South America Ride Sharing Market Outlook, By IOS (2020-2028) ($MN)
169 South America Ride Sharing Market Outlook, By Android (2020-2028) ($MN)
170 South America Ride Sharing Market Outlook, By Other Applications (2020-2028) ($MN)
171 Middle East & Africa Ride Sharing Market Outlook, By Country (2020-2028) ($MN)
172 Middle East & Africa Ride Sharing Market Outlook, By Service Type (2020-2028) ($MN)
173 Middle East & Africa Ride Sharing Market Outlook, By E- Hailing (2020-2028) ($MN)
174 Middle East & Africa Ride Sharing Market Outlook, By Car Sharing (2020-2028) ($MN)
175 Middle East & Africa Ride Sharing Market Outlook, By Station-Based Mobility (2020-2028) ($MN)
176 Middle East & Africa Ride Sharing Market Outlook, By Car Rental (2020-2028) ($MN)
177 Middle East & Africa Ride Sharing Market Outlook, By Other Service Types (2020-2028) ($MN)
178 Middle East & Africa Ride Sharing Market Outlook, By Business Model (2020-2028) ($MN)
179 Middle East & Africa Ride Sharing Market Outlook, By P2P Car Sharing (2020-2028) ($MN)
180 Middle East & Africa Ride Sharing Market Outlook, By Corporate Car Sharing (2020-2028) ($MN)
181 Middle East & Africa Ride Sharing Market Outlook, By Business to Business (2020-2028) ($MN)
182 Middle East & Africa Ride Sharing Market Outlook, By Business to Customer (2020-2028) ($MN)
183 Middle East & Africa Ride Sharing Market Outlook, By Membership Type (2020-2028) ($MN)
184 Middle East & Africa Ride Sharing Market Outlook, By Fixed Ridesharing (2020-2028) ($MN)
185 Middle East & Africa Ride Sharing Market Outlook, By Corporate Ridesharing (2020-2028) ($MN)
186 Middle East & Africa Ride Sharing Market Outlook, By Dynamic Ridesharing (2020-2028) ($MN)
187 Middle East & Africa Ride Sharing Market Outlook, By Vehicle Type (2020-2028) ($MN)
188 Middle East & Africa Ride Sharing Market Outlook, By Electric Vehicle (2020-2028) ($MN)
189 Middle East & Africa Ride Sharing Market Outlook, By CNG/LPG Vehicle (2020-2028) ($MN)
190 Middle East & Africa Ride Sharing Market Outlook, By ICE Vehicle (2020-2028) ($MN)
191 Middle East & Africa Ride Sharing Market Outlook, By Micro-Mobility Vehicle (2020-2028) ($MN)
192 Middle East & Africa Ride Sharing Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
193 Middle East & Africa Ride Sharing Market Outlook, By Data Service (2020-2028) ($MN)
194 Middle East & Africa Ride Sharing Market Outlook, By Navigation (2020-2028) ($MN)
195 Middle East & Africa Ride Sharing Market Outlook, By Information Service (2020-2028) ($MN)
196 Middle East & Africa Ride Sharing Market Outlook, By Payment (2020-2028) ($MN)
197 Middle East & Africa Ride Sharing Market Outlook, By Other Data Services (2020-2028) ($MN)
198 Middle East & Africa Ride Sharing Market Outlook, By Distance (2020-2028) ($MN)
199 Middle East & Africa Ride Sharing Market Outlook, By Short Distance (2020-2028) ($MN)
200 Middle East & Africa Ride Sharing Market Outlook, By Long Distance (2020-2028) ($MN)
201 Middle East & Africa Ride Sharing Market Outlook, By Application (2020-2028) ($MN)
202 Middle East & Africa Ride Sharing Market Outlook, By IOS (2020-2028) ($MN)
203 Middle East & Africa Ride Sharing Market Outlook, By Android (2020-2028) ($MN)
204 Middle East & Africa Ride Sharing Market Outlook, By Other Applications (2020-2028) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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