Report Description

Middle East & Africa Ride Hailing Market By Vehicle Type (Passenger Car & Micro Mobility Vehicle), By Internet Connectivity (3G, 4G, 5G & Wi-Fi), By Service Type, By Vehicle Connectivity, By Country, Competition Forecast & Opportunities, 2017-2023

  • Publish Date:October, 2018
  • Format : PDF
  • Pages : 60
  • Industry : Automotive

Middle East & Africa ride hailing market is projected to grow from around $ 2.4 billion in 2017 to $ 7.3 billion by 2023, exhibiting a CAGR of over 20% during the forecast period. Key factors expected to drive demand for ride hailing services in the region are rising urbanization, growing young population, increasing investments by several major players in ride hailing services, and surging number of internet and smartphone users. Moreover, ease of booking and enhanced passenger comfort offered by ride hailing services are likely to further propel growth in the Middle East & Africa 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 Middle East & Africa ride hailing market.
  • To classify and forecast the Middle East & Africa ride hailing market based on vehicle type, service type, internet connectivity, vehicle connectivity and regional distribution.
  • To identify drivers and challenges for the Middle East & Africa ride hailing market.
  • To identify and analyze the profile of leading players operating in the Middle East & Africa ride hailing market.

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Some of the major players operating in the Middle East & Africa ride hailing market are 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 across the region. 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. TechSci Research analyzed product offerings and presence of all major ride hailing service providers across the region.

TechSci Research calculated the Middle East & Africa 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), company websites, company annual reports, white papers, investor presentations and financial reports were also analyzed by TechSci Research.

Key Target Audience:

  • Ride hailing service providers and other stakeholders
  • Automotive OEMs
  • Transportation network companies
  • Associations, organizations, forums and alliances related to ride hailing
  • Government bodies such as regulating authorities and policy makers
  • 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, Middle East & Africa 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 Cars
    • Micro Mobility Vehicles
  • 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
  • Market, By Country:
    • South Africa
    • UAE
    • Rest of Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in the Middle East & Africa ride hailing market. 

Available Customizations:

With the given market data, TechSci Research offers customizations according to a 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).
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