Ride sharing Market Value Extracted; Know Which Players are Gaining Grounds

Ride sharing Market Latest Edition Published with Forecast to 2028


The article cited AMA's "Global Ride sharing Market Study" explored CAGR of 15.8%. According to the report, Attraction towards Autonomous Vehicles is one of the primary growth factors for the market. Adoption of On Demand Transportation Service is also expected to contribute significantly to the Ride sharing market growth. Overall, Institutional applications of Ride sharing, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Vehicles, such as Two-Wheeler, is boosting the Ride sharing market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Ride sharing market identified that the demand is rising in many different parts of the world as "Ride Sharing Generate Lucrative Opportunities in Rural Areas in Emerging Country ". Furthermore, some recent industry insights like "On 25th November 2018, Uber, leading on-demand ride-sharing company has launched Uber Care in India, a first-of-its-kind comprehensive platform for thousands of driver partners who choose to drive using the Uber App. This platform offers easy access to term insurance with HDFC life insurance, family health insurance with reliance insurance company." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Ride sharing market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Ride sharing market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at complete Table of Content: Global Ride sharing Market Study

Data Triangulation
The overall Ride sharing market size is calculated using market estimation process, the Ride sharing market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Ride sharing market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager