Ride-hailing is a passenger transportation service in which the passengers are connected with the vehicle drivers and owners through a smartphone-based app. Ride-hailing services are the same as hiring a taxi, the difference being, in ride-hailing, a vehicle is hired through a smartphone-based app.
Increase in traffic congestion, lack of proper public transportation mode, longer time ... Read more
Key players operating in the global ride-hailing market include ANI Technologies Pvt. Ltd. (OLA), Lyft, Inc., Careem, Uber Technologies Inc., Taxify OÜ, Gett, Grab, Beijing Xiaoju Technology Co, Ltd. (Didi Chuxing), Wingz, Inc, Curb Mobility, BlaBlaCar, and Cabify. Mergers, acquisitions, and joint venture activities are increasing in the global ride-hailing market. Leading global ride-hailing ... Read more
In recent years, the transportation industry has witnessed a significant revolution with the advent of ride-hailing services. These innovative platforms, powered by cutting-edge technology, have reshaped the way people navigate their daily lives. The rise of ride-hailing services, led by industry giants like Uber and Lyft, has brought ... Read more
The global Ride-Hailing Market is estimated to be valued at US$ 151,600.0 million in 2021 and is expected to exhibit a CAGR of 19.0% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.
A) Market Overview:
The ride-hailing market offers convenient transportation solutions through mobile applications, allowing users to book rides from their smartphones. It has gained immense popularity across the ... Read more
This optimistic growth is attributed to the increasing demand for convenient and cost-effective transportation services. Ride-hailing services offer numerous advantages such as door-to-door pick-up and drop-off, real-time tracking, flexible payment options, and shorter waiting times compared to traditional taxi services. The need for efficient transportation solutions, particularly in urban areas, has significantly contributed to the surge in ride-hailing services ... Read more
Ride-hailing services provide on-demand transportation services through mobile applications that connect passengers with drivers. These services offer an affordable, convenient, and reliable mobility solution for daily commuting as well as first and last-mile connectivity. The growing need for first mile connectivity to public transit systems such as metros and buses has been a major driver of growth for ride-hailing services. Improved earnings potential along with flexible working options ... Read more
Ride-hailing services have gained immense popularity in recent years due to the convenience and affordability they offer to customers. Ride-hailing apps allow customers to book a taxi or cab through their smartphone at the tap of a button. Ride-hailing services provide door-to-door transportation and payment is cashless. The global ride-hailing market provides multiple benefits like reduced transportation costs, improved mobility, and lower carbon emissions.
