Uploaded on Mar 15, 2021
Ride Sharing Market
Ride Sharing Market
Adroit Market Research
Ride Sharing Market
Size by Type (On-demand, Commute and Long Distance), by Region (North
America, Europe, Asia Pacific and Rest of World) and Forecast 2018 to 2025
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Adroit Market Research
Global Ride Sharing Market Size and Share 2025
• A study titled “Global Ride Sharing Market” was launched by Adroit Market Research in December 2018: the market is
segmented by Type (On-demand, Commute and Long Distance), By Region (North America, Europe, Asia Pacific and Rest of
World) and Forecast 2018 to 2025”. The study covers global ride sharing market value for a period ranging in between 2015
to 2025, where 2015 to 2017 imply the historical value with forecast between 2018 and 2025. The global ride sharing
market report also includes qualitative insights of the market such as value chain analysis, porters five forces analysis and
investment trends.
• The global ride sharing market is projected to reach USD 169.82 billion by 2025. Factors that are driving the market are
internet penetration and technology adoption in developing countries such as India, China and Brazil. Moreover,
capitalizing on the growing need of transportation services, as well as the developing technology sophistication and usage
of population have led to innovative mobility model of ride sharing.
• In order to meet the rising demand of transportation services, new age technology solutions and adoption of such
solutions by the population has given birth to innovative mobility models, such as ride sharing and on-demand cars in
developing countries. For instance, from 2016 – 2018 in Myanmar, four ride sharing companies are catering to the rising
transportation demands, two of them are domestic, and while other two are international.
+1 (214) 884-6068 [email protected] www.adroitmarketresearch.com
Adroit Market Research
Ride Sharing Market Size and Share 2025
• For riders, the first advantage of ride sharing and on-demand cars is the omnipresence of car rides at their preferred location
and time, leading to better service levels. The second advantage is with the drivers, who get the flexibility to work as per
their convenience and chose the customers they wish to offer the service. The technology ensures that the number of trips
is maximum with minimum idle waiting time, subsequently, leading to optimized benefits. Hence, these factors have driven
the global ride sharing market.
• Further, ride sharing has reduced environment pollution such as air, land and noise. The carpooling services launched by ride
sharing companies are helping to curb the emission of CO2 into the air. For instance, in 2014, Uber launched its first
Uberpool service in San Francisco where people started sharing their ride who are travelling in same direction in order to
save cost. This service also helped in the reduction of 120 metric tons of carbon dioxide emission in San Francisco alone only
in one month time.
• The benefits of ride sharing technology are showing impacts in the healthcare industry also. This includes delivery of real-
time data, immediate feedback of patient, notifications in case of driver delays and the reduction of driver’s waiting time
during appointments. Thus, resulting in an overall improvement of patient care with greater safety, efficiency, and reliability.
• U.S. dominated the overall North America ride sharing market in 2017. However, Canada is witnessing demand for ride
sharing services with the increasing population due to migration of people from abroad in search of education and jobs. In
2015, 20 ride-sharing services were operational in Canada servicing over 336,000 members and with a fleet exceeding 5,200
vehicles. Between January 2014 and January 2015, car-sharing memberships grew by 50% in Canada.
+1 (214) 884-6068 [email protected] www.adroitmarketresearch.com
Adroit Market Research
Ride Sharing Market Size and Share 2025
Type Overview, 2015-2025 (USD million)
• On-demand
• Commute
• Long Distance
Regional Overview, 2015-2025 (USD million)
• North America
o US
o Canada
• Europe
o Germany
o United Kingdom
o France
• Asia Pacific
o China
o India
o Japan
• Rest of the World
+1 (214) 884-6068 [email protected] www.adroitmarketresearch.com
Adroit Market Research
About Us
Adroit Market Research is an India-based business analytics and consulting company. Our
target audience is a wide range of corporations, manufacturing companies, product/technology
development institutions and industry associations that require understanding of a market’s
size, key trends, participants and future outlook of an industry. We intend to become our
clients’ knowledge partner and provide them with valuable market insights to help create
opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At
our core, we are curious people who love to identify and understand industry patterns, create
an insightful study around our findings and churn out money-making roadmaps. Our analysts
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals,
semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and
machinery & equipment sectors across the world to identify new opportunities, potential
customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for
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