Global Ridesharing Market (2021 Edition) – Analysis By Business Model (P2P, B2B, B2C), Vehicle Type (ICE, CNG, EV), By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)

Global Ridesharing Market (2021 Edition) – Analysis By Business Model (P2P, B2B, B2C), Vehicle Type (ICE, CNG, EV), By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)

Executive Summary

The Global Ridesharing Market, valued at USD 26.72 Billion in the year 2020 has been witnessing unprecedented growth in the last few years on the back of back growing urbanization and rising economic growth. Additionally, increasing demand among youngsters and better consumer experience will drive the ridesharing Market value in the near future.

Among the Business Model in the Ridesharing Market (Peer to Peer or P2P, Business to Business or B2B and Business to Customer or B2C), Business to Business (B2B) is globally popular and largest type because the demand of ridesharing in organizations is high and is growing fast and is expected to be the largest market in the forecast period. Also, P2P is expected to grow faster in future as the popularity to hire private vehicles for extra income is growing.

Among the Vehicle Type of the Ridesharing Market (ICE Vehicles, CNG/LPG Vehicles and Electric Vehicle), ICE vehicles hold large share and dominates ridesharing industry globally but is expected to show slow and sustained growth in the forecast period due to the rising demand of green and renewable fuels. Also, the rising demand of eco-friendly and sustainable transportation will be driving the demand of EV in ridesharing in future.

The APAC market is expected to lead the global market throughout the forecasted period. The rising urbanization, increasing internet penetration and increasing smartphone proliferation in the region are expected to infuse market growth tremendously. Also, rising pollution and petrol prize in Asian countries will drive the demand of ridesharing industry in the region.

Scope of the Report

  • The report presents the analysis of Ridesharing Market for the historical period of 2016-2020 and the forecast period of 2021-2026.
  • The report analyses the Ridesharing Market by Value.
  • The report analyses the Ridesharing Market by Business Model (Peer to Peer (P2P), Business to Business (B2B) and Business to Customer (B2C)).
  • The report analyses the Ridesharing Market by Vehicle Type (ICE Vehicles, CNG/LPG Vehicles, Electric Vehicle).
  • The Global Ridesharing Market has been analysed By Region (North America, Europe, Asia Pacific and ROW) and By Country (U.S., Canada, Germany, France, U.K., China, India, Brazil, Saudi Arabia and UAE).
  • The attractiveness of the market has been presented by region, by Business Model and by Vehicle Type. Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
  • The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include UBER Technologies Inc, Lyft, Gett, Grab, DiDi, Bolt, Via Transportation, Curb Mobility, Go Jek, Cabify, Ola Cabs.
  • The report analyses the impact of Covid-19 on Ridesharing Market.
Key Target Audience
  • Ridesharing Companies
  • Consulting and Advisory Firms
  • Government and Policy Makers
  • Investment Banks and Equity Firms
  • Regulatory Authorities


1. Research Methodology and Executive Summary
1.1 Research Methodology
1.2 Executive Summary
2. Strategic Recommendations
3. Global Ridesharing Market: Product Outlook
4. Global Ridesharing Market: Sizing and Forecast
4.1 Market Size, By Value, Year 2016-2026
Table 1: Global Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 2: Global International Tourism Arrival in 2019 compared to 2020 due to impact of COVID-19, As of January, 2021, ( In%)
Table 3: UNPRECEDENTED FALL OF INTERNATIONAL TOURISM DURING PREVIOUS CRISIS (In %)
Table 4: Global Share of commute modes before COVID-19 (In %)
Table 5: Worldwide Change in commute modes after COVID-19 (In %)
Table A: Top Ridesharing & Taxi Downloaded Apps Worldwide, January 2020
Table 6: Global spending on the Internet of Things (IOT), USD Billion 2017-2020
Table 7: Advanced technology expenditure, 2018 & 2025, (USD Million)
Table 8: Global ICT spending (Billion USD), 2019
Table 9: Global IT spending (Billion USD), 2019 and 2020
Table 10: Global Electric Car stock (in Million Units), 2015-2020
Table 11: Global Electric Car stock, by type (in Units), 2019-2020
Table 12: Global Smartphones Sales by region 2019-2020 (thousands of Unit)
Table 13: Global Internet Penetration, (In %)
Table 14: Global Number of Internet Users, 2013-2018 (In % of World Population)
Table 15: Global Natural gas vehicles (NGVs) numbers by region, (In Thousands), 2016-2021
Table 16: Countries Where Consumers are Most Comfortable Riding Autonomous Vehicle 2020 (% of Total Respondents)
Table 17: Uber users, (In Million), 2015-2020
Table 18: Uber Trips, (In Million), 2017-2020
Table B: list of precautionary measures adopted by ridesharing companies during the global crisis
Table 19: World Urban Population, 2016-2020, (% of total)
Table 20: Global Urban travel by mode of transportation, 2015-2050 ( tn passenger-miles)
4.2 Impact of COVID-19 on Global Ridesharing Market
5. Global Ridesharing Market Segmentation - By Business Model and By Vehicle Type
5.1 Competitive Scenario of Ridesharing Market: By Business Model
Table 21: Global Ridesharing Market, By Business Model, 2020, 2026
5.1.1 Peer to Peer (P2P) - Market Size and Forecast (2016-2026)
Table 22: Global Ridesharing Market – By Peer to Peer (P2P), By Value (USD Billion), 2016-2026
5.1.2 Business to Business (B2B) – Market Size and Forecast (2016-2026)
Table 23: Global Ridesharing Market – By Business to Business (B2B), By Value (USD Billion), 2016-2026
5.1.3 Business to Customer (B2C) – Market Size and Forecast (2016-2026)
Table 24: Global Ridesharing Market – By Business to Customer (B2C), By Value (USD Billion), 2016-2026
5.2 Competitive Scenario of Ridesharing Market: by Vehicle Type
Table 25: Global Ridesharing Market, By Vehicle Type, 2020, 2026
5.2.1 ICE Vehicle – Market Size and Forecast (2016-2026)
Table 26: Global Ridesharing Market – By ICE Vehicles, By Value (USD Billion), 2016-2026
5.2.2 CNG/LPG Vehicle – Market Size and Forecast (2016-2026)
Table 27: Global Ridesharing Market – By CNG/LPG Vehicles, By Value (USD Billion), 2016-2026
5.2.3 Electric Vehicle – Market Size and Forecast (2016-2026)
Table 28: Global Ridesharing Market - By Electric Vehicle, By Value (USD Billion), 2016-2026
6. Global Ridesharing Market: Regional Analysis
6.1 Competitive Scenario of Ridesharing Market: by Region
Table 29: Global Ridesharing Market, By Region, 2020, 2026
7. North America Ridesharing Market: An Analysis (2016-2026)
7.1 North America Ridesharing Market: Size and Forecast (2016-2026), by Value
Table 30: North America Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 31: North America Urban travel modes by region (bn passenger-miles), 2015-2050
Table 32: North America Urban population (% of total population), 2015-2019
Table 33: North America IT spending (Billion USD), 2018-2019
Table 34: North America internet users 2020 (In Million Users)
7.2 North Americas Ridesharing Market– Prominent Companies
7.3 Market Segmentation by Business Model (P2P, B2B, B2C)
Table 35: North America Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
7.4 Market Segmentation by Vehicle Type (ICE Vehicles, CNG/LPG Vehicles and Electric Vehicle)
Table 36: North America Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
7.5 North America Ridesharing Market: Country Analysis
7.6 Market Opportunity Chart of North America Ridesharing Market - by Country, By Value, 2026
Table 37: Market Opportunity Chart of North America Ridesharing Market - By Country, By Value, 2026
7.7 Competitive Scenario of North America Ridesharing Market: by Country
Table 38: North America Ridesharing Market, By Country, 2020 & 2026
7.8 United States Ridesharing Market: Size and Forecast (2016-2026), By Value
Table 39: United States Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 40: United States Ridesharing Market Share, By Company, 2020(%)
Table 41: United States Urban population (% of total population), 2015-2019
Table 42: US Change in spending patterns in 2020 (in USD billion)
Table 43: United States Electric Vehicle, 2015-2020
Table 44: USA IT spending (Billion USD), 2016-2020
Table 45: USA Internet Users (in Millions), 2015-19
Table 46: USA annual spending in travel, transportation and mobility (in Billion USD) in 2007- 2019
Table 47: USA Smartphone Users (In %), 2019
Table 48: USA spending in Product by sectors (in Billion USD) in 2018- 2019
7.9 United States Ridesharing Market Segmentation - By Business Model and By Vehicle Type
Table 49: United States Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
Table 50: United States Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
7.10 Canada Ridesharing Market: Size and Forecast (2016-2026), By Value
Table 51: Canada Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 52: Canada Users between 18 and 35 Age (in % of population) in 2019
Table 53: Canada Internet Users (in Millions), 2015-19
Table 54: Canada spending in technology by sectors (in Billion USD) in 2018- 2019
Table 55: Canada R&D expenditure by ICT Industry (% of 7.5 Billion), 2019
Table 56: Canada New Electric Car Sales, 2013-2018
7.11 Canada Ridesharing Market Segmentation - by Business Model and By Vehicle Type
Table 57: Canada Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
Table 58: Canada Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
8. Europe Ridesharing Market: An Analysis (2016-2026)
8.1 Europe Ridesharing Market: Size and Forecast (2016-2026), By Value
Table 59: Europe Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 60: Europe Electric Car Sales (In thousands), 2015-2020
Table 61: ICT Spending in Eastern and central Europe (in %), 2019
Table 62: European Union Individuals Using the Internet, 2014 – 2018 (In % of Population)
Table 63: IoT Spending in Europe (in Billion USD), 2019
Table 64: Europe Internet Users By Age (%), 2015-2019
Table 65: European Union Urban population (% of total population), 2015-2019
Table 66: Europe Urban travel modes by region (bn passenger-miles), 2015-2050
8.2 Europe Ridesharing Market– Prominent Companies
8.3 Market Segmentation by Business Model (P2P, B2B, B2C)
Table 67: Europe Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
8.4 Market Segmentation by Vehicle Type (ICE Vehicles, CNG/LPG Vehicles and Electric Vehicle)
Table 68: Europe Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
8.5 Europe Ridesharing Market: Country Analysis
8.6 Market Opportunity Chart of Europe Ridesharing Market - By Country, By Value, 2026
Table 69: Market Opportunity Chart of Europe Ridesharing Market - By Country, By Value, 2026
8.7 Competitive Scenario of Europe Ridesharing Market: By Country
Table 70: Europe Ridesharing Market, By Country, 2020 & 2026
8.8 Germany Ridesharing Market: Size and Forecast (2016-2026), By Value
Table 71: Germany Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 72: Germany New Electric Car Sales (Thousand), 2013-2018
Table 73: Germany Urban population (% of total population), 2015-2019
8.9 Germany Ridesharing Market Segmentation - By Business Model and By Vehicle Type
Table 74: Germany Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
Table 75: Germany Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
8.10 United Kingdom Ridesharing Market: Size and Forecast (2016-2026), By Value
Table 76: United Kingdom Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 77: UK GDP Growth (In %), 2016-2019
Table 78: UK Urban population (% of total population), 2015-2019
Table 79: UK Smartphone Penetration, By Age Group 2014-2018 (%)
Table 80: UK New Electric Car Sales, 2013-2018
8.11 United Kingdom Ridesharing Market Segmentation - By Business Model and By Vehicle Type
Table 81: United Kingdom Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
Table 82: United Kingdom Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
8.12 France Ridesharing Market: Size and Forecast (2016-2026), By Value
Table 83: France Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 84: France Individuals Using the Internet, 2014 – 2018 ( In % of Population)
Table 85: France Urban population (% of total population), 2015-2019
Table 86: France E-commerce Payment method, 2019 ( In %)
8.13 France Ridesharing Market Segmentation - By Business Model and By Vehicle Type
Table 87: France Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
Table 88: France Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
9. Asia Pacific Ridesharing Market: An Analysis (2016-2026)
9.1 Asia Pacific Ridesharing Market: Size and Forecast (2016-2026), By Value
Table 89: Asia Pacific Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 90: Asia Urban travel modes by region (bn passenger-miles), 2015-2050
Table 91: China + India Urban travel modes by region (bn passenger-miles), 2015-2050
Table 92: Asia Pacific Internet Penetration, 2017-2020 ( in %)
Table 93: Smartphone User Penetration in Asia-Pacific, 2014-2019 (%)
Table 94: Spending on ICT services in APAC (In %), 2019
Table 95: East Asia & Pacific GDP Growth rate, 2014-2018 (%)
Table 96: Asia Pacific Urban population (% of total population), 2015-2019
9.2 Asia Pacific Ridesharing Market– Prominent Companies
9.3 Market Segmentation by Business Model (P2P, B2B, B2C)
Table 97: APAC Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
Table 98: APAC Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
9.4 Market Segmentation by Vehicle Type (ICE Vehicles, CNG/LPG Vehicles and Electric Vehicle)
9.5 Asia Pacific Ridesharing Market: Country Analysis
9.6 Market Opportunity Chart of Asia Pacific Ridesharing Market - by Country, By Value, 2026
Table 99: Market Opportunity Chart of Asia Pacific Ridesharing Market - By Country, By Value, 2026
9.7 Competitive Scenario of Asia Pacific Ridesharing Market: by Country
Table 100: Asia Pacific Ridesharing Market, By Country, 2020 & 2026
9.8 China Ridesharing Market: Size and Forecast (2016-2026), by Value
Table 101: China Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 102: Penetration of Internet Users in China, By Age Group 2014-2018 (in Million)
Table 103: China Number of IoT connections (in Billion) 2017–2019
Table 104: China Electric Car Sales (In thousands), 2015-2020
9.9 China Ridesharing Market Segmentation - By Business Model and By Vehicle Type
Table 105: China Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
Table 106: China Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
9.10 India Ridesharing Market: Size and Forecast (2016-2026), by Value
Table 107: India Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 108: India Electric Vehicle Sales (2020 & 2021)
Table 109: India’s Share of IoT revenue by industry (%), 2019
Table 110: India Urban population (% of total population), 2015-2019
Table 111: India GDP growth (annual %), 2015-2019
9.11 India Ridesharing Market Segmentation - By Business Model and By Vehicle Type
Table 112: India Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
Table 113: India Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
10. ROW Ridesharing Market: An Analysis (2016-2026)
10.1 ROW Ridesharing Market: Size and Forecast (2016-2026), By Value
Table 114: Rest of World Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 115: Latin America Urban travel modes by region (bn passenger-miles), 2015-2050
Table 116: Middle East Urban travel modes by region (bn passenger-miles), 2015-2050
Table 117: ROW Urban population (% of total population), 2015-2019
Table 118: Latin America user penetration rate in Ridesharing business
Table 119: Middle East Individuals using the Internet (% of population), 2015-2019
Table 120: Latin America internet users 2020 (In Million Users)
10.2 ROW Ridesharing Market– Prominent Companies
10.3 Market Segmentation by Business Model (P2P, B2B, B2C)
Table 121: ROW Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
10.4 Market Segmentation by Vehicle Type (ICE Vehicles, CNG/LPG Vehicles and Electric Vehicle)
Table 122: ROW Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
10.5 ROW Ridesharing Market: Country Analysis
10.6 Market Opportunity Chart of ROW Ridesharing Market - by Country, By Value, 2026
Table 123: Market Opportunity Chart of ROW Ridesharing Market - By Country, By Value, 2026
10.7 Competitive Scenario of ROW Ridesharing Market: by Country
Table 124: ROW Ridesharing Market, By Country, 2020 & 2026
10.8 Brazil Ridesharing Market: Size and Forecast (2016-2026), by Value
Table 125: Brazil Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 126: Brazil Shared mobility penetration is close to that of traditional modals (In 2019)
Table 127: Brazil Ride hailing users that also use a different mobility option (In %), 2019
Table 128: Brazil Ride hailing penetration by City profile (%), 2019
Table 129: Brazil Ride hailing penetration by Income level (%), 2019
Table 130: Brazil Ride hailing penetration by Age group (%), 2019
Table 131: Brazil Ride hailing penetration by Gender (%), 2019
Table 132: Brazil Urban population (% of total population), 2015-2019
Table 133: Brazil Individuals Using the Internet, 2015 – 2019 (In % of Population)
10.9 Brazil Ridesharing Market Segmentation - By Business Model and By Vehicle Type
Table 134: Brazil Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
Table 135: Brazil Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
10.10 Saudi Arabia Ridesharing Market: Size and Forecast (2016-2026), by Value
Table 136: Saudi Arabia Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 137: Saudi Arabia GDP growth (annual %), 2015-2019
Table 138: Saudi Arabia Urban population (% of total population), 2015-2019
Table 139: Saudi Arabia Internet penetration (% of population, 2015-2019
Table 140: Saudi Arabia International tourism, expenditures (% of total imports), 2015-2019
10.11 Saudi Arabia Ridesharing Market Segmentation - By Business Model and By Vehicle Type
Table 141: Saudi Arabia Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
Table 142: Saudi Arabia Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
10.12 UAE Ridesharing Market: Size and Forecast (2016-2026), by Value
Table 143: UAE Ridesharing Market Size, By Value, 2016-2026 (USD Billion)
Table 144: UAE GDP growth (annual %), 2015-2019
Table 145: UAE Urban population (% of total population), 2015-2019
Table 146: UAE Internet penetration (% of population, 2015-2019
Table 147: UAE International tourism, expenditures (% of total imports), 2015-2019
10.13 UAE Ridesharing Market Segmentation - By Business Model and By Vehicle Type
Table 148: UAE Ridesharing Market - By Business Model, By Value, 2016-2026 (USD Billion)
Table 149: UAE Ridesharing Market - By Vehicle Type, By Value, 2016-2026 (USD Billion)
11. Global Ridesharing Market Dynamics
11.1 Drivers
11.2 Restraints
11.3 Trends
12. Market Attractiveness
12.1 Market Attractiveness Chart of Ridesharing Market - By Business Model, 2026
Table 150: Market Opportunity Chart of Ridesharing Market - By Business Model, By Value, 2026
12.2 Market Attractiveness Chart of Ridesharing Market - By Vehicle Type, 2026
Table 151: Market Opportunity Chart of Ridesharing Market - By Vehicle Type, By Value, 2026
12.3 Market Attractiveness Chart of Ridesharing Market - by Region, 2026
Table 152: Market Attractiveness Chart of Ridesharing Market - By Region, By Value, 2026
13. Competitive Landscape
13.1 Mergers and Acquisitions
13.2 Market Share Analysis
Table 153: Market Share of Leading Ridesharing companies, 2020 (In %)
14. Company Analysis
14.1 UBER Technologies Inc
Table 154: UBER Technologies Inc., Net Revenue, 2016 - 2020 (USD Million)
Table 155: UBER Technologies Inc., Net Income, 2016 - 2020 (USD Million)
Table 156: UBER Technologies Inc, Net Revenue, By Business Segment, 2020(%)
Table 157: UBER Technologies Inc, Net Revenue, By Geographical Segment, 2020 (%)
14.2 Lyft
Table 158: Lyft, Net Revenue, 2016 - 2020 (USD Million)
Table 159: Lyft, Net Loss, 2016 - 2020 (USD Million)
Table 160: Lyft Net Revenue, By Segment, 2020 (%)
Table 161: Lyft Net Revenue, By Segment, 2019 (%)
14.3 Gett
14.4 Grab
Table 162: Grab, Net Revenue, 2018 - 2020 (USD Million)
Table 163: Grab, Net Loss, 2018- 2020 (USD Million)
14.5 DiDi
Table 164: Didi Chuxing, Net Revenue, 2018 - 2020 (USD Million)
Table 165: Didi Chuxing, Net Income, 2018 - 2020 (USD Million)
Table 166: Didi Chuxing, Net Revenue, By Operating Segment, 2020(%)
Table 167: Didi Chuxing, Net Revenue, By Operating Segment, 2019 (%)
14.6 Bolt
14.7 Via Transportation
14.8 Curb Mobility
14.9 Go Jek
14.10 Cabify
14.11 Ola Cabs

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