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Global Ride Hailing Services Market 2019-2023

Global Ride Hailing Services Market 2019-2023

About this market

Ride hailing services, that are offered through online platforms and apps, have grown into immense popularity across the world. The ride hailing services market is witnessing increasing mergers and acquisitions(M&A) activities and strategic alliances over the last few years. M&A activities are helping companies improve service quality and gain market share. There has also been several strategic alliances and partnerships among companies, which are helping the vendors enhance their operations and increase their geographic presence. In March 2018, Uber Technologies announced that it merged its Southeast Asia operations with Grab. The ride hailing services market is expected to witness more M&A activities and strategic alliances during the forecast period. Technavio’s analysts have predicted that the ride hailing services market will grow at a CAGR of almost 19 % by 2023.

Market Overview

Rising use of online on-demand transportation services

With the emergence of new and innovative user-friendly mobile applications, the consumers are able to easily book rides with their smartphones. Therefore, the increasing use of online on-demand transportation services is contributing to the rising demand and growth of the ride hailing services worldwide. Uber in the US, DiDi ChuAng in China, Ola by ANI Technologies in India, Grab in Singapore are the market leaders in their respective countries.

Compliance with government regulations

Ride hailing service providers need to comply with several state and federal laws focused on protecting the environment. These regulations encourage vendors and manufacturers to use solutions that can reduce the emission of gases such as nitrogen oxides, carbon monoxide, and carbon dioxide. This is expected to pose a challenge for the ride hailing services market.

For the detailed list of factors that will drive and challenge the growth of the ride hailing services market during 2019-2023, view our report.

Competitive landscape

The ride hailing services market appears to be fragmented with the presence of a considerable number of companies and the competitive environment is quite intense with all companies focusing on improving their market position. Some of the factors that are impacting the growth of the ride hailing services market are the rising use of online on-demand transportation services and the increasing M&A activities and strategic partnerships. DiDi Chuxing, Gett, Grab, Lyft, and Uber Technologies are some of the leading companies in the market.

‘With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities. Companies in the ride hailing services market are increasingly focusing on merger and acquisitions activities and getting into strategic partnerships with other companies to gain market share.’


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global taxi and ride hailing services market
      • Table Segments of global taxi and ride hailing services market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by service
    • Table Type - Market share 2018-2023 (%)
    • Comparison by service
      • Table Comparison by service
    • E-hailing - Market size and forecast 2018-2023
      • Table E-hailing - Market size and forecast 2018-2023 ($ billions)
      • Table E-hailing - Year-over-year growth 2019-2023 (%)
    • Car sharing - Market size and forecast 2018-2023
      • Table Car sharing - Market size and forecast 2018-2023 ($ billions)
      • Table Car sharing - Year-over-year growth 2019-2023 (%)
    • Market opportunity by service
      • Table Market opportunity by service
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in APAC
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ billions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ billions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in EMEA
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global urban population 2011-2017 (as of July 25, 2018)
      • Table Global Internet users 2011-2016 (% of population, as of July 25, 2018)
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Growing M&A activity and strategic alliances
    • Increasing investment in autonomous vehicles
    • Rising adoption of electric vehicles
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • DiDi Chuxing
      • Table DiDi Chuxing - Vendor overview
      • Table DiDi Chuxing - Business segments
      • Table DiDi Chuxing - Organizational developments
      • Table DiDi Chuxing - Key offerings
    • Gett
      • Table Gett - Vendor overview
      • Table Gett - Business segments
      • Table Gett - Organizational developments
      • Table Gett - Key offerings
    • Grab
      • Table Grab - Vendor overview
      • Table Grab - Business segments
      • Table Grab - Organizational developments
      • Table Grab - Key offerings
    • Lyft
      • Table Lyft - Vendor overview
      • Table Lyft - Business segments
      • Table Lyft - Organizational developments
      • Table Lyft - Key offerings
    • Uber Technologies
      • Table Uber Technologies - Vendor overview
      • Table Uber Technologies - Business segments
      • Table Uber Technologies - Organizational developments
      • Table Uber Technologies - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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