Expert analyst at Report Bazzar estimate the Ride Hailing Market to grow at a steady CAGR throughout the forecast period 2018 to 2025The Report “Global Ride Hailing Market Research Report, 2017-2025” provides a picture on Ride hailing market across different verticals and regions. It aims at estimating the market size and future growth potential of the Ride hailing market across different segments such as service type, vehicle type, data service, internet connectivity, vehicle connectivity, and regions. The market for Ride Hailing has generated USD XX billion and it is expected that the market will grow at XX% CAGR, the market size by 2025 will be USD XX billion.
The ride hailing market is dominated by a few global players, and comprises several regional players. Some of the key players operating in the ride hailing ecosystem are Uber Technologies Inc., Delphi Automotive Plc, Denso Corporation, Intel Corporation, BMW Group, Ford Motor Company and other. The hometown of Uber and Lyft, where it is analyses that ride-hailing is more than four times the size of the taxi market. As ride-hailing companies like Uber Technologies Inc. and Lyft Inc. continue to grow, they expect other top tier cities, including New York, London and Tokyo, to reach San Francisco’s level of ride-hailing usage by 2025.
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Market segmented on the basis of type (E-hailing, Car Sharing, Car rental and Station Based Mobility):
Station based mobility market is expected to grow at the fastest CAGR. Station based mobility is incentivized by governments across the world and dedicated tracks are laid in various countries for station to station mobility. Car sharing is the second fastest growing segment. Growth of car sharing is attributed to its benefits such as getting benefits of a private vehicle without the costs and responsibilities of car ownership.
Market segmented on the basis of data service (Navigation, Information, Payment and Other): Navigation service has the biggest industry size in data service for Ride hailing market globally. Navigation guides driver and passenger regarding location and route. Also mapping and traffic data benefits better user experience. Use of navigation service is imperative for Ride hailing service. Thus the growing number of Ride hailing service users influence the market demand for Ride hailing services.
Market segmented on the basis of Region (North America, Europe, Asia-Pacific and Rest of the world):
The Asia Pacific (APAC) area leads the Ride hailing market in terms of market size. High population and rising urbanization are driving the factor for Ride hailing market. Growing urbanization leads to traffic congestion and rising population will also growth the industry demand for distinct mobility options in urban areas. Ride hailing services such as app-based taxi services, car sharing services, and station based mobility in Asia-Pac region flourish on the grounds of growing population of urban areas.
Target Audience of Ride Hailing:
Ride hailing service providers
Transportation network companies
Automotive OEMs
Back-end service providers
Government’s national and regional transportation regulatory agencies or organizations.
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Few Points – Table OF Content:
1. Research Methodology & Scope
1.1. Scope of the Study
1.1.1. Research Objectives
1.1.2. Assumptions & Limitations
1.2. Research Process
1.2.1. Primary Process
1.2.2. Secondary Process
1.2.3. Forecast Model
2. Introduction
2.1. Market Definition
2.2. Recent Developments
3. Executive Summary
4. Market Factor Analysis
4.1. Growth Potential Analysis
4.2. Porter’s Five Forces Analysis
4.3. Value/Supply Chain Analysis
4.4. PESTEL Analysis……Continued
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