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Ride Sharing market soaring at 20% growth rate and to reach US$ 218 billion by 2025 scrutinized in new research

Automotive and Transportation

Some of key players in ride sharing market are Uber (US), Lyft (US), DiDi (China), Grab (Singapore), Gett (Israel), Ola (India), BlaBlaCar (France), Intel (US), TomTom (Netherlands), Aptiv (Ireland), and Denso (Japan). Study includes an in-depth competitive analysis of these key players in the ride sharing market, with their company profiles, SWOT analysis of the top 5 companies, recent developments, and key market strategies.

The ride sharing market is estimated to be USD 61.3 billion in 2018 and is projected to reach USD 218.0 billion by 2025, at a CAGR of 19.87%. The growing need for personal mobility in the wake of rising urbanization and fall in car ownership is driving the demand for ride sharing.

The factors which restrain the market are resistance from traditional transport services and complex transport policies of different countries.

Complete Report on Ride Sharing Market with 2019 Pages, 12 Company Profiles, 67 Tables and 59 Figs Now at www.rnrmarketresearch.com/ride-sh…eport.html .

E-hailing is the largest segment in the ride sharing market in terms of value. E-hailing is the most widely used ride sharing service.

The growth of e-hailing is attributed to its user-friendliness and convenience to consumers. E-hailing is dominant all across the globe owing to more presence of the players and the ease of access to such services.

Key countries considered in RoW include Brazil, South Africa, and UAE. These countries have a well-established urban infrastructure.

The ride sharing market is growing in the RoW region as countries such as UAE and Brazil are increasing their investment in urban infrastructure. The Asia Oceania region leads the ride sharing market in terms of market size.

Growing population and increasing urbanization are driving the ride sharing market. Increasing urbanization leads to traffic congestion, and growing population would boost the demand for different mobility options in urban areas.

Access the Sample Papers on Ride Sharing Market Survey Now at www.rnrmarketresearch.com/contact…me=1838276 .

Asia Oceania region is expected to lead the ride sharing market in terms of market size. Dense population and increasing urbanization are driving the ride sharing market.

Increasing urbanization leads to traffic congestion, and increasing population boosts the demand for different mobility options in urban areas. E-hailing services such as app-based taxi services, car sharing services, and station-based mobility are expected to flourish in this region because of the increasing population of urban areas.

The ride sharing market has been segmented on the basis of service type (e-hailing, car sharing, station-based mobility, and car rental), car sharing type (P2P and corporate), vehicle type (electric vehicle mobility, CNG/LPG vehicle, ICE vehicle mobility, micro-mobility), micro mobility (bike/bicycle, scooter, and others), data service (navigation, information service, payment service, and others),autonomous vehicles, vehicle connectivity, and region [Asia Oceania (China, India, Japan, Singapore, Indonesia, and Australia), Europe (France, Germany, UK, Russia, Spain, Netherlands, Turkey, and Italy), North America (US, Canada, and Mexico), and Rest of the world (Brazil,UAE, and South Africa)].

Click Here for “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 2025” at www.rnrmarketresearch.com/contact…me=1838276 .

The report offers in-depth market sizing and forecasts up to 2025, on the basis of service type, such as e-hailing, car sharing, station-based mobility, and car rental. The market sizing for service type is covered at the country and regional levels that are considered under this study.

The report offers in-depth market sizing and forecasts up to 2025, on the basis of vehicle type, such as electric vehicle mobility, CNG/LPG vehicle, ICE vehicle mobility, micro-mobility. The market sizing for off-highway vehicle is covered for regions considered in the study.

The report offers in-depth market sizing and forecasts up to 2025, on the basis of car sharing type, such as P2P and corporate.The market sizing for car sharing type is covered at a regional level considered in the study.

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