According to Data Bridge Market Research new Market report, global ride sharing market will account to an estimated USD 60.88 billion in 2018 growing at a CAGR of 19.75% during the forecast period of 2019 to 2026.
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Global Ride Sharing Market:
Ride sharing is a modern technologically advanced facility that enables the users of these facilities to hail or hire a ride along with some other rider or driver for the purpose of transporting from one place to another. The facility is available through different platforms and applications over the internet and is significantly cost-effective rather than driving individually.
Global ride sharing market is segmented on the basis of type, service type, vehicle type, data service, distance and geography.
By Type (P2P Car Sharing, Corporate Car Hailing), Service Type (E-Hailing, Car Rental, Car Sharing, Station-Based Mobility), Vehicle Type (CNG/LPG Vehicles, ICE Vehicles, EV, Micro-Mobility Vehicles), Data Service (Navigation, Information Service, Payment Service, Others), Distance (Long Distance, Short Distance) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
FACTORS DRIVING GROWTH IN RIDE SHARING MARKET
Innovative product launches and expansion strategy adopted by major manufacturers
Few of the major competitors currently working in the ride sharing market are ANI Technologies Pvt. Ltd., Uber Technologies Inc., Beijing Xiaoju Technology Co Ltd., Lyft Inc., Volkswagen AG, Gett, TomTom International BV., Grab, Aptiv, BlaBlaCar, DENSO CORPORATION, Waymo LLC, car2go NA LLC, Mobileye, Maxi Mobility S.L., Taxify OÜ, Ridecell Inc, GoGet Carshare, Careem and Easy Taxi Serviços LTDA.
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