Report Description

Global Ride Hailing Market, By Vehicle Type (Passenger Cars, etc.), By Service Type (E-hailing, etc.), By Internet Connectivity (3G, etc.), By Vehicle Connectivity (V2V, V2I, etc.), By Company and By Geography, Forecast & Opportunities, 2017-2023

  • Publish Date:January, 2018
  • Format : PDF
  • Pages : 265
  • Industry : Automotive

Global ride hailing market is projected to grow at a CAGR of 21% to reach $136 billion by 2023, on the back of growing popularity of ride hailing services as well as the service providers such as Uber, Didi and Lyft. Moreover, surging demand for ride hailing services on a global level can be attributed to ease of booking, enhanced passenger comfort, increasing traffic congestion, rising government initiatives aimed at increasing awareness regarding the harmful effects of air pollution levels and development of semi-autonomous and autonomous vehicles. Increasing number of partnerships between domestic and international service providers, such as Uber and Didi in China, are also expected to aid the global ride hailing market during the forecast period.

Years considered for this report:

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019 - 2023

Objective of the Study:

  • To analyze and forecast the global ride hailing market size.
  • To classify and forecast the global ride hailing market based on vehicle type, service type, internet connectivity, vehicle connectivity and regional distribution.
  • To identify drivers and challenges for the global ride hailing market.
  • To identify and analyze the profile of leading players operating in the global ride hailing market.

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Some of the major players operating in the global ride hailing market include Uber Technologies Inc., Lyft Inc., Didi Chuxing, Gett Inc., BMW AG, Aptiv PLC, Robert Bosch GmbH, IBM Corporation, ANI Technologies Private Limited, and TomTom International, among others.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of ride hailing players operating globally. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings and regional presence of all major ride hailing service providers across the globe.

TechSci Research calculated the global ride hailing market size using a bottom-up technique, wherein service providers’ volume sales data for different applications was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective service providers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as Organisation Internationale des Constructeurs d’Automobiles (OICA), European Automobile Manufacturers' Association (ACEA), company websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Ride hailing service providers and other stakeholders
  • Automotive OEMs
  • Transportation network companies
  • Back end service providers
  • Associations, organizations, forums and alliances related to ride hailing
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as ride hailing service providers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, the global ride hailing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Vehicle Type:
    • Passenger Car
    • Micro Mobility Vehicle
  • Market, by Internet Connectivity:
    • 4G
    • 3G
    • 5G
    • Wi-Fi
    • Others
  • Market, by Service Type:
    • E-Hailing
    • Car Sharing
    • Station based Mobility
  • Market, by Vehicle Connectivity:
    • V2V
    • V2I
    • V2P
    • Others 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in the global ride hailing market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
In case you don’t find what you are looking for, please get in touch with our custom research team at

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