COVID-19 Impact on Ride Sharing Market worth $117.34 billion by 2021
                     MarketsandMarkets 
Presents
COVID-19 Impact on Ride Sharing 
Market worth $117.34 billion by 
2021
https://www.marketsandmarkets.com/Market-Reports/covid-19-impa
ct-on-ride-sharing-market-15098676.html
 
The report "COVID-19 Impact on Ride Sharing Market by Service 
Type (E-Hailing, Car Sharing, Car Rental, Station-Based Mobility), 
Data Service (Information, Navigation, Payment) and Region - 
Forecast to 2021" is estimated to be USD 75.39 billion in 2020 and 
projected to reach USD 117.34 billion by 2021, at a Y-O-Y growth of 
55.6%. The market is primarily driven by rising urbanization and 
declining car ownership.
Browse 30 market data Tables and 12 Figures spread through 60 Pages 
and in-depth TOC on "COVID-19 Impact on Ride Sharing Market”
Download PDF Brochure @ 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=15098676 
The ride sharing market is dominated by global players and comprises 
several regional players. Some of the key players in the ride sharing 
industry are Uber (US), Lyft (US), DiDi (China), Grab (Singapore), Gett 
(Israel), Ola (India), BlaBlaCar (France), Lime (US), and Herts (US).
Corporate car sharing is expected to grow at the highest Y-O-Y 
growth in the global car sharing market during the forecast 
period
Corporate car sharing is a kind of mobility solution provided by 
employers to their employees for everyday commutation and specific 
business requirements. The demand for corporate car sharing is 
expected to grow as people riding to offices are likely to travel on the 
same route. Thus, it is much easier to find co-passengers with ease and 
less waiting time.
Corporate car sharing enables commercial businesses to reduce or 
eliminate private vehicle fleets by providing their employees access to 
shared cars. It offers many benefits to businesses such as flexibility to 
employees, lower fleet management costs, and less traffic on roads. In 
comparison to P2P sharing, corporate sharing is more organized and 
manageable to tackle during situations like COVID-19. Companies can 
take all the necessary precautions to avoid transmissions.
Request for Sample Pages @ 
https://www.marketsandmarkets.com/requestsampleNew.asp?id=150986
76
 
Bicycles are estimated to be the largest ride sharing market, by 
micro-mobility vehicle type
Bicycles have the largest market globally in terms of their usage in the micro-
mobility ride sharing market. They are eco-friendly, cheap, less time 
consuming, comfortable for short rides, and easily available. All these make 
bicycles a preferred choice.  It is necessary to follow social distancing to 
control the spread of COVID-19, which can be established through station-
based mobility.
Asia Pacific to have the largest market size during the forecast 
period
Asia Pacific is estimated to dominate the ride sharing market and projected to 
grow at a significant CAGR during the forecast period. The growth in the Asia 
Pacific market is attributed to the wide customer base due to a growing 
population and rising urbanization in emerging economies such as China and 
India. Factors such as increasing urbanization and rising traffic congestion are 
likely to drive the demand for ride sharing services. For countries such as 
India and China, the consumer preference is changing, and with the rising 
population, the need for ride sharing is increasing to cater to the increase in 
customer base. Moreover, China has started to recover from the pandemic 
faster than any other country.
Key Questions addressed by the report:
• What is the impact of COVID-19 on the ride sharing market and its 
services?
• What would be the impact of COVID-19 on ride sharing industry by 
2021?
• What are the opportunities for ride sharing service providers?
• Which ride sharing services would get impacted? (Positive/Negative)
• Who are the major competitors, and what are their growth strategies?
Don’t miss out on business opportunities in COVID-19 Impact on 
Ride Sharing Market. Speak to our analyst and gain crucial indus
try insights that will help your business grow.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high 
growth niche opportunities/threats which will impact 70% to 80% of 
worldwide companies’ revenues. Currently servicing 5000 customers 
worldwide including 80% of global Fortune 1000 companies as clients. Almost 
75,000 top officers across eight industries worldwide approach 
MarketsandMarkets™ for their painpoints around revenues decisions. 
 
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking 
global high growth markets following the "Growth Engagement Model – GEM". 
The GEM aims at proactive collaboration with the clients to identify new 
opportunities, identify most important customers, write "Attack, avoid and 
defend" strategies, identify sources of incremental revenues for both the 
company and its competitors. MarketsandMarkets™ now coming up with 
1,500 MicroQuadrants (Positioning top players across leaders, emerging 
companies, innovators, strategic players) annually in high growth emerging 
segments. MarketsandMarkets™ is determined to benefit more than 10,000 
companies this year for their revenue planning and help them take their 
innovations/disruptions early to the market by providing them research ahead 
of the curve. 
 
hMtatrpkest:s//awndwMwa.rmkeatsr’kse fltasgasnhdipm caormkeptesti.tcivoem i/nMteallrigkentc-eR eapnod rmtsa/crkoevt idre-s1e9a-ricmh pa
pctla-tofonr-mri,d e"R-Ts"h acroinnnge-cmtsa orvkert -210500,090806 7m6a.rhktemts land entire value chains for 
deeper understanding of the unmet ins ights along with market sizing and 
forecasts of niche markets.  
 
Contact Us
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected] 
MarketsandMarkets Blog
http://www.marketsandmarkets.com
http://twitter.com/marketsmarkets
http://www.linkedin.com/company/marketsandmarkets