Ride Sharing Market Size, Share & Trends Analysis Report By Business Model (P2P, B2B, B2C), By Commute Type (Corporate, Short Distance), By Application, By Region, And Segment Forecasts, 2019 - 2025

Published: Feb, 2019 | Pages: 70 | Publisher: Grand View Research
Industry: Automotive | Report Format: Electronic (PDF)

The global ride sharing market size is projected to reach USD 11.94 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 7.5% during the forecast period. Increasing awareness in regular commuters regarding environmental deterioration due to vehicle emission is expected to drive the growth.

The unprecedented expansions of cities and towns and the inherent traffic congestion issues are anticipated to play a crucial role in driving the market for ride sharing in the forthcoming years. Growth in international trade and globalization has facilitated development of many major and minor economies all over the world. This economical and industrial growth has directly impacted the demographics and helped rapid urbanization in many countries.

The B2C business type ride sharing segment is estimated to lead the ride sharing market in 2017 and is expected to continue its dominance through the forecast period. This expanison is attributed to the introduction of ride sharing module in the existing platforms provided by established ride hailing players. The peer-to-peer ride sharing segment is expected to register the highest CAGR over the forecast period, attributed to rising awareness among commuters and also to introduction of newer user-friendly platforms.

The corporate type of commute is estimated to lead the ride sharing market with a slight edge, however the short distance commutes segment is expected to take the lead in the market over the forecast period. The long distance commute type is also projected to register healthy growth amid growing trend of sharing personal vehicles through ride sharing platforms in North America and Europe.

North America led with a market share of around 45.0% in 2017. The region is home to the two major players - Uber and Lyft - competiting to gain more customer base. Asia Pacific followed North America to take the second spot in terms of market share. However, the region is expected to overtake North America over the forecast period. Didi Chuxing and OLA are the two major players in the Asian market.

Further key findings from the study suggest:

• The North American short distance segment was valued at USD 1.04 billion in 2017

• Indian B2C market is expected to reach USD 815.0 million by 2025, registering a CAGR of 12.7% from 2018 to 2025

• B2C business model and short distance commute is expected to lead the ride sharing market till 2025

• Latin American long distance segment is expected to expand at a CAGR of 9.1% from 2018 to 2025

• South East Asia is another prominent market with the presence of many developing countries such as Indonesia and Thailand in ASEAN nations

• Key market players include GRAB, Uber, and Didi Chuxing among others.

 Table of Contents

Chapter 1 Research Methodology
                 1.1 Research Methodology
                 1.2 Research Scope and Assumptions
                 1.3 List of Secondary Sources
                 1.4 List of Primary Sources

Chapter 2 Executive Summary

Chapter 3 Market Definitions
                 3.1 Market Segmentation

Chapter 4 Industry Outlook
                 4.1 Market Snapshot
                 4.2 Global Ride Sharing Market
                     4.2.1 Business Model Trends
                     4.2.2 Commute Type Segment Trends
                     4.2.3 Regional Segment Trends
                 4.3 Market Variable Analysis
                     4.3.1 Market Driver Analysis
                         4.3.1.1 Increasing Penetration of smart devices
                         4.3.1.2 Emissions, Regulations, and Traffic Conjetions
                     4.3.2 Market restraint analysis
                         4.3.2.1 Reluctance to Ride Sharing
                 4.4 Business Environment Analysis Tool
                     4.4.1 Ride Sharing Market: Pest Analysis
                     4.4.2 Ride Sharing Market: Porters Analysis
                 4.5 Value Chain Analysis

Chapter 5 Ride Sharing Market: Business Model Segment Analysis
                 5.1 Peer to Peer (P2P)
                     5.1.1 Peer to Peer (P2P) market, 2015 - 2025 (USD Million)
                 5.2 Business to Business (B2B)
                     5.2.1 Business to Business (B2B) market, 2015 - 2025 (USD Million)
                 5.3 Business to Consumer (B2C)
                     5.3.1 Business to Consumer (B2C) market, 2015 - 2025 (USD Million)

Chapter 6 Ride Sharing Market: Commute Type Analysis
                 6.1 Long Distance
                     6.1.1 Long Distance market, 2015 - 2025 (USD Million)
                 6.2 Corporate
                     6.2.1 Corporate market, 2015 - 2025 (USD Million)
                 6.3 Short Distance
                     6.3.1 Short Distance market, 2015 - 2025 (USD Million)

Chapter 7 Automotive Transmission Market: Regional Segment Analysis
                 7.1 North America
                     7.1.1 North America ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.1.2 North America ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                     7.1.3 United States
                     7.1.4 U.S. ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.1.5 U.S. ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                     7.1.6 Canada
                     7.1.7 Canada ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.1.8 Canada ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                 7.2 Europe
                     7.2.1 Europe ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.2.2 Europe ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                     7.2.3 United Kingdom
                     7.2.4 U.K. ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.2.5 U.K. ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                     7.2.6 France
                     7.2.7 France ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.2.8 France ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                 7.3 Asia
                     7.3.1 Asia ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.3.2 Asia ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                     7.3.3 China
                     7.3.4 China ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.3.5 China ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                     7.3.6 India
                     7.3.7 India ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.3.8 India ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                     7.3.9 South Korea
                     7.3.10 South Korea ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.3.11 South Korea ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                 7.4 South East Asia
                     7.4.1 South East Asia ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.4.2 South East Asia ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                     7.4.3 ASEAN
                     7.4.4 ASEAN ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.4.5 ASEAN ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                     7.4.6 Australia
                     7.4.7 Australia ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.4.8 Australia ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                 7.5 Latin America
                     7.5.1 Latin America ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.5.2 Latin America ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                     7.5.3 Brazil
                     7.5.4 Brazil ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.5.5 Brazil ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                     7.5.6 Mexico
                     7.5.7 Mexico ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.5.8 Mexico ride sharing market, by Commute type, 2015 - 2025 (USD Million)
                 7.6 Rest of the World
                     7.6.1 RoW ride sharing market, by business model, 2015 - 2025 (USD Million)
                     7.6.2 RoW ride sharing market, by Commute type, 2015 - 2025 (USD Million)

Chapter 8 Company Profiles
                 8.1 Uber Technologies Inc.
                     8.1.1 Company Overview
                     8.1.2 Product Benchmarking
                     8.1.3 Strategic Initiatives
                 8.2 Lyft Inc.
                     8.2.1 Company Overview
                     8.2.2 Product Benchmarking
                     8.2.3 Strategic Initiatives
                 8.3 Didi Chuxing Technology Co., Ltd..
                     8.3.1 Company Overview
                     8.3.2 Product Benchmarking
                     8.3.3 Strategic Initiatives
                 8.4 GrabTaxi Holdings Pte Ltd.
                     8.4.1 Company Overview
                     8.4.2 Product Benchmarking
                     8.4.3 Strategic Initiatives
                 8.5 Gett Inc.
                     8.5.1 Company Overview
                     8.5.2 Product Benchmarking
                     8.5.3 Strategic Initiatives

List of Tables

Table 1 Peer to Peer (P2P) market, 2015 - 2025 USD billion
Table 2 Business to Business (B2B) market, 2015 - 2025 (USD Million)
Table 3 Business to Consumer (B2C) market, 2015 - 2025 (USD Million)
Table 4 Long Distance market, 2015 - 2025 (USD Million)
Table 5 Corporate market, 2015 - 2025 (USD Million)
Table 6 Short Distance market, 2015 - 2025 (USD Million)
Table 7 North America ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 8 North America ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 9 U.S. ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 10 U.S. ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 11 Canada ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 12 Canada ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 13 Europe ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 14 Europe ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 15 U.K. ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 16 U.K. ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 17 France ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 18 France ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 19 Asia ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 20 Asia ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 21 China ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 22 China ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 23 India ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 24 India ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 25 South Korea ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 26 South Korea ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 27 South East Asia ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 28 South East Asia ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 29 ASEAN ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 30 ASEAN ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 31 Australia ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 32 Australia ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 33 Latin America ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 34 Latin America ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 35 Brazil ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 36 Brazil ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 37 Mexico ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 38 Mexico ride sharing market, by commute type, 2015 - 2025 (USD Million)
Table 39 RoW ride sharing market, by business model, 2015 - 2025 (USD Million)
Table 40 RoW ride sharing market, by commute type, 2015 - 2025 (USD Million)

List of Figures

Fig. 1 Ride Sharing market segmentation
Fig. 2 Automotive Transmission market snapshot
Fig. 3 Global Ride Sharing market revenue, 2015 - 2025 (USD Million)
Fig. 4 Ride Sharing market, by business model, 2015 - 2025 (USD Million)
Fig. 5 Ride Sharing market, by commute type, 2015 - 2025 (USD Million)
Fig. 6 Ride Sharing market, by region, 2015 - 2025 (USD Billion)
Fig. 7 Automotive transmission market: PEST analysis
Fig. 8 Automotive transmission market: porters analysis
Fig. 9 Ride Sharing market: value chain analysis
Fig. 10 Ride Sharing market: Business Model segment analysis
Fig. 11 Ride Sharing market: Commute Type analysis
Fig. 12 Ride Sharing market: Regional segment analysis