Ride Hailing Services - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

• Description
• Table of Contents
• Table of Figures
• PDF Download

• Description
• Table of Contents
• Table of Figures
• PDF Download

A ride hailing service is, in most cases, a comfortable method for door-to-door transport. Ride hailing services use online-enabled platforms to connect between passengers and local drivers using their personal non-commercial vehicles.

The global market for Ride Hailing Services was estimated to be worth US$ 133000 million in 2023 and is forecast to a readjusted size of US$ 231630 million by 2030 with a CAGR of 7.0% during the forecast period 2024-2030

Ride Hailing Services Market Size

M= millions and B=billions

The prospect of self-driving cars is expected to significantly reduce the cost of ride-hailing services, triggering the rise of the mobility-as-a-service (MaaS) concept. Additionally, banks and lenders have lowered interest rates, making financing a car purchase easier and cheaper. Using self-driving fleets can help companies innovate services by improving passenger comfort and safety.

Population growth has led to issues such as increased traffic congestion, lack of suitable public transport options and longer waiting times for public transport services. Therefore, the demand for ride-hailing services attracts more travelers as it offers faster services and on-demand services. Rising fuel prices, increased vehicle maintenance and the adoption of strict emissions standards have effectively made ride-hailing cheaper than owning a vehicle. This is expected to drive market growth over the forecast period.

It is expected that by 2027, the number of users in the online ride-hailing market will reach 1.92 billion. User penetration is expected to reach 21.9% in 2023 and 24.2% in 2027. Average revenue per user (ARPU) is expected to reach $91.27. Compared to the world, the majority of revenue will come from China ($56.16 billion in 2023).

Report Scope
This report aims to provide a comprehensive presentation of the global market for Ride Hailing Services, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Ride Hailing Services by region & country, by Type, and by Application.

The Ride Hailing Services market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ride Hailing Services.

Market Segmentation

• Report Metric

• Details

• Report Title

• Ride Hailing Services - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

• Forecasted Market Size in 2030

• US$ 231630 million

• CAGR(2024-2030)

• 7%

• Market Size Available for Years

• 2019-2030

• Global Ride Hailing Services Companies Covered

• DiDi Chuxing, Gett, Grab, Lyft, Uber, Meituan Dianping, Baidu, ViaVan, Free Now (Daimler), Careem, FastGo Vietnam JSC, GoViet

• Global Ride Hailing Services Market, by Region

• North America (U.S., Canada, Mexico)

  Europe (Germany, France, UK, Italy, etc.)

  Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

  South America (Brazil, etc.)

  Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

• Global Ride Hailing Services Market, Segment by Type

• Car

  Motorcycle

• Global Ride Hailing Services Market, Segment by Application

• Enterprise

  Individual

• Forecast Units

• USD million in value

• Report Coverage

• Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Ride Hailing Services manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Ride Hailing Services in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Ride Hailing Services in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

 1 Market Overview
    1.1 Ride Hailing Services Product Introduction
    1.2 Global Ride Hailing Services Market Size Forecast
    1.3 Ride Hailing Services Market Trends & Drivers
        1.3.1 Ride Hailing Services Industry Trends
        1.3.2 Ride Hailing Services Market Drivers & Opportunity
        1.3.3 Ride Hailing Services Market Challenges
        1.3.4 Ride Hailing Services Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Ride Hailing Services Players Revenue Ranking (2023)
    2.2 Global Ride Hailing Services Revenue by Company (2019-2024)
    2.3 Key Companies Ride Hailing Services Manufacturing Base Distribution and Headquarters
    2.4 Key Companies Ride Hailing Services Product Offered
    2.5 Key Companies Time to Begin Mass Production of Ride Hailing Services
    2.6 Ride Hailing Services Market Competitive Analysis
        2.6.1 Ride Hailing Services Market Concentration Rate (2019-2024)
        2.6.2 Global 5 and 10 Largest Companies by Ride Hailing Services Revenue in 2023
        2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Ride Hailing Services as of 2023)
    2.7 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 Car
        3.1.2 Motorcycle
    3.2 Global Ride Hailing Services Sales Value by Type
        3.2.1 Global Ride Hailing Services Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Ride Hailing Services Sales Value, by Type (2019-2030)
        3.2.3 Global Ride Hailing Services Sales Value, by Type (%) (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Enterprise
        4.1.2 Individual
    4.2 Global Ride Hailing Services Sales Value by Application
        4.2.1 Global Ride Hailing Services Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Ride Hailing Services Sales Value, by Application (2019-2030)
        4.2.3 Global Ride Hailing Services Sales Value, by Application (%) (2019-2030)

 5 Segmentation by Region
    5.1 Global Ride Hailing Services Sales Value by Region
        5.1.1 Global Ride Hailing Services Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Ride Hailing Services Sales Value by Region (2019-2024)
        5.1.3 Global Ride Hailing Services Sales Value by Region (2025-2030)
        5.1.4 Global Ride Hailing Services Sales Value by Region (%), (2019-2030)
    5.2 North America
        5.2.1 North America Ride Hailing Services Sales Value, 2019-2030
        5.2.2 North America Ride Hailing Services Sales Value by Country (%), 2023 VS 2030
    5.3 Europe
        5.3.1 Europe Ride Hailing Services Sales Value, 2019-2030
        5.3.2 Europe Ride Hailing Services Sales Value by Country (%), 2023 VS 2030
    5.4 Asia Pacific
        5.4.1 Asia Pacific Ride Hailing Services Sales Value, 2019-2030
        5.4.2 Asia Pacific Ride Hailing Services Sales Value by Country (%), 2023 VS 2030
    5.5 South America
        5.5.1 South America Ride Hailing Services Sales Value, 2019-2030
        5.5.2 South America Ride Hailing Services Sales Value by Country (%), 2023 VS 2030
    5.6 Middle East & Africa
        5.6.1 Middle East & Africa Ride Hailing Services Sales Value, 2019-2030
        5.6.2 Middle East & Africa Ride Hailing Services Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Ride Hailing Services Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Ride Hailing Services Sales Value
    6.3 United States
        6.3.1 United States Ride Hailing Services Sales Value, 2019-2030
        6.3.2 United States Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Ride Hailing Services Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Ride Hailing Services Sales Value, 2019-2030
        6.4.2 Europe Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Ride Hailing Services Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Ride Hailing Services Sales Value, 2019-2030
        6.5.2 China Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Ride Hailing Services Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Ride Hailing Services Sales Value, 2019-2030
        6.6.2 Japan Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Ride Hailing Services Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Ride Hailing Services Sales Value, 2019-2030
        6.7.2 South Korea Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Ride Hailing Services Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Ride Hailing Services Sales Value, 2019-2030
        6.8.2 Southeast Asia Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Ride Hailing Services Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Ride Hailing Services Sales Value, 2019-2030
        6.9.2 India Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Ride Hailing Services Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 DiDi Chuxing
        7.1.1 DiDi Chuxing Profile
        7.1.2 DiDi Chuxing Main Business
        7.1.3 DiDi Chuxing Ride Hailing Services Products, Services and Solutions
        7.1.4 DiDi Chuxing Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.1.5 DiDi Chuxing Recent Developments
    7.2 Gett
        7.2.1 Gett Profile
        7.2.2 Gett Main Business
        7.2.3 Gett Ride Hailing Services Products, Services and Solutions
        7.2.4 Gett Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.2.5 Gett Recent Developments
    7.3 Grab
        7.3.1 Grab Profile
        7.3.2 Grab Main Business
        7.3.3 Grab Ride Hailing Services Products, Services and Solutions
        7.3.4 Grab Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.3.5 Lyft Recent Developments
    7.4 Lyft
        7.4.1 Lyft Profile
        7.4.2 Lyft Main Business
        7.4.3 Lyft Ride Hailing Services Products, Services and Solutions
        7.4.4 Lyft Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.4.5 Lyft Recent Developments
    7.5 Uber
        7.5.1 Uber Profile
        7.5.2 Uber Main Business
        7.5.3 Uber Ride Hailing Services Products, Services and Solutions
        7.5.4 Uber Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.5.5 Uber Recent Developments
    7.6 Meituan Dianping
        7.6.1 Meituan Dianping Profile
        7.6.2 Meituan Dianping Main Business
        7.6.3 Meituan Dianping Ride Hailing Services Products, Services and Solutions
        7.6.4 Meituan Dianping Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.6.5 Meituan Dianping Recent Developments
    7.7 Baidu
        7.7.1 Baidu Profile
        7.7.2 Baidu Main Business
        7.7.3 Baidu Ride Hailing Services Products, Services and Solutions
        7.7.4 Baidu Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.7.5 Baidu Recent Developments
    7.8 ViaVan
        7.8.1 ViaVan Profile
        7.8.2 ViaVan Main Business
        7.8.3 ViaVan Ride Hailing Services Products, Services and Solutions
        7.8.4 ViaVan Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.8.5 ViaVan Recent Developments
    7.9 Free Now (Daimler)
        7.9.1 Free Now (Daimler) Profile
        7.9.2 Free Now (Daimler) Main Business
        7.9.3 Free Now (Daimler) Ride Hailing Services Products, Services and Solutions
        7.9.4 Free Now (Daimler) Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.9.5 Free Now (Daimler) Recent Developments
    7.10 Careem
        7.10.1 Careem Profile
        7.10.2 Careem Main Business
        7.10.3 Careem Ride Hailing Services Products, Services and Solutions
        7.10.4 Careem Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.10.5 Careem Recent Developments
    7.11 FastGo Vietnam JSC
        7.11.1 FastGo Vietnam JSC Profile
        7.11.2 FastGo Vietnam JSC Main Business
        7.11.3 FastGo Vietnam JSC Ride Hailing Services Products, Services and Solutions
        7.11.4 FastGo Vietnam JSC Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.11.5 FastGo Vietnam JSC Recent Developments
    7.12 GoViet
        7.12.1 GoViet Profile
        7.12.2 GoViet Main Business
        7.12.3 GoViet Ride Hailing Services Products, Services and Solutions
        7.12.4 GoViet Ride Hailing Services Revenue (US$ Million) & (2019-2024)
        7.12.5 GoViet Recent Developments

 8 Industry Chain Analysis
    8.1 Ride Hailing Services Industrial Chain
    8.2 Ride Hailing Services Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Ride Hailing Services Sales Model
        8.5.2 Sales Channel
        8.5.3 Ride Hailing Services Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

List of Tables
    Table 1. Ride Hailing Services Market Trends
    Table 2. Ride Hailing Services Market Drivers & Opportunity
    Table 3. Ride Hailing Services Market Challenges
    Table 4. Ride Hailing Services Market Restraints
    Table 5. Global Ride Hailing Services Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global Ride Hailing Services Revenue Market Share by Company (2019-2024)
    Table 7. Key Companies Ride Hailing Services Manufacturing Base Distribution and Headquarters
    Table 8. Key Companies Ride Hailing Services Product Type
    Table 9. Key Companies Time to Begin Mass Production of Ride Hailing Services
    Table 10. Global Ride Hailing Services Companies Market Concentration Ratio (CR5 and HHI)
    Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Ride Hailing Services as of 2023)
    Table 12. Mergers & Acquisitions, Expansion Plans
    Table 13. Global Ride Hailing Services Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 14. Global Ride Hailing Services Sales Value by Type (2019-2024) & (US$ Million)
    Table 15. Global Ride Hailing Services Sales Value by Type (2025-2030) & (US$ Million)
    Table 16. Global Ride Hailing Services Sales Market Share in Value by Type (2019-2024) & (%)
    Table 17. Global Ride Hailing Services Sales Market Share in Value by Type (2025-2030) & (%)
    Table 18. Global Ride Hailing Services Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 19. Global Ride Hailing Services Sales Value by Application (2019-2024) & (US$ Million)
    Table 20. Global Ride Hailing Services Sales Value by Application (2025-2030) & (US$ Million)
    Table 21. Global Ride Hailing Services Sales Market Share in Value by Application (2019-2024) & (%)
    Table 22. Global Ride Hailing Services Sales Market Share in Value by Application (2025-2030) & (%)
    Table 23. Global Ride Hailing Services Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 24. Global Ride Hailing Services Sales Value by Region (2019-2024) & (US$ Million)
    Table 25. Global Ride Hailing Services Sales Value by Region (2025-2030) & (US$ Million)
    Table 26. Global Ride Hailing Services Sales Value by Region (2019-2024) & (%)
    Table 27. Global Ride Hailing Services Sales Value by Region (2025-2030) & (%)
    Table 28. Key Countries/Regions Ride Hailing Services Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 29. Key Countries/Regions Ride Hailing Services Sales Value, (2019-2024) & (US$ Million)
    Table 30. Key Countries/Regions Ride Hailing Services Sales Value, (2025-2030) & (US$ Million)
    Table 31. DiDi Chuxing Basic Information List
    Table 32. DiDi Chuxing Description and Business Overview
    Table 33. DiDi Chuxing Ride Hailing Services Products, Services and Solutions
    Table 34. Revenue (US$ Million) in Ride Hailing Services Business of DiDi Chuxing (2019-2024)
    Table 35. DiDi Chuxing Recent Developments
    Table 36. Gett Basic Information List
    Table 37. Gett Description and Business Overview
    Table 38. Gett Ride Hailing Services Products, Services and Solutions
    Table 39. Revenue (US$ Million) in Ride Hailing Services Business of Gett (2019-2024)
    Table 40. Gett Recent Developments
    Table 41. Grab Basic Information List
    Table 42. Grab Description and Business Overview
    Table 43. Grab Ride Hailing Services Products, Services and Solutions
    Table 44. Revenue (US$ Million) in Ride Hailing Services Business of Grab (2019-2024)
    Table 45. Grab Recent Developments
    Table 46. Lyft Basic Information List
    Table 47. Lyft Description and Business Overview
    Table 48. Lyft Ride Hailing Services Products, Services and Solutions
    Table 49. Revenue (US$ Million) in Ride Hailing Services Business of Lyft (2019-2024)
    Table 50. Lyft Recent Developments
    Table 51. Uber Basic Information List
    Table 52. Uber Description and Business Overview
    Table 53. Uber Ride Hailing Services Products, Services and Solutions
    Table 54. Revenue (US$ Million) in Ride Hailing Services Business of Uber (2019-2024)
    Table 55. Uber Recent Developments
    Table 56. Meituan Dianping Basic Information List
    Table 57. Meituan Dianping Description and Business Overview
    Table 58. Meituan Dianping Ride Hailing Services Products, Services and Solutions
    Table 59. Revenue (US$ Million) in Ride Hailing Services Business of Meituan Dianping (2019-2024)
    Table 60. Meituan Dianping Recent Developments
    Table 61. Baidu Basic Information List
    Table 62. Baidu Description and Business Overview
    Table 63. Baidu Ride Hailing Services Products, Services and Solutions
    Table 64. Revenue (US$ Million) in Ride Hailing Services Business of Baidu (2019-2024)
    Table 65. Baidu Recent Developments
    Table 66. ViaVan Basic Information List
    Table 67. ViaVan Description and Business Overview
    Table 68. ViaVan Ride Hailing Services Products, Services and Solutions
    Table 69. Revenue (US$ Million) in Ride Hailing Services Business of ViaVan (2019-2024)
    Table 70. ViaVan Recent Developments
    Table 71. Free Now (Daimler) Basic Information List
    Table 72. Free Now (Daimler) Description and Business Overview
    Table 73. Free Now (Daimler) Ride Hailing Services Products, Services and Solutions
    Table 74. Revenue (US$ Million) in Ride Hailing Services Business of Free Now (Daimler) (2019-2024)
    Table 75. Free Now (Daimler) Recent Developments
    Table 76. Careem Basic Information List
    Table 77. Careem Description and Business Overview
    Table 78. Careem Ride Hailing Services Products, Services and Solutions
    Table 79. Revenue (US$ Million) in Ride Hailing Services Business of Careem (2019-2024)
    Table 80. Careem Recent Developments
    Table 81. FastGo Vietnam JSC Basic Information List
    Table 82. FastGo Vietnam JSC Description and Business Overview
    Table 83. FastGo Vietnam JSC Ride Hailing Services Products, Services and Solutions
    Table 84. Revenue (US$ Million) in Ride Hailing Services Business of FastGo Vietnam JSC (2019-2024)
    Table 85. FastGo Vietnam JSC Recent Developments
    Table 86. GoViet Basic Information List
    Table 87. GoViet Description and Business Overview
    Table 88. GoViet Ride Hailing Services Products, Services and Solutions
    Table 89. Revenue (US$ Million) in Ride Hailing Services Business of GoViet (2019-2024)
    Table 90. GoViet Recent Developments
    Table 91. Key Raw Materials Lists
    Table 92. Raw Materials Key Suppliers Lists
    Table 93. Ride Hailing Services Downstream Customers
    Table 94. Ride Hailing Services Distributors List
    Table 95. Research Programs/Design for This Report
    Table 96. Key Data Information from Secondary Sources
    Table 97. Key Data Information from Primary Sources
    Table 98. Business Unit and Senior & Team Lead Analysts
List of Figures
    Figure 1. Ride Hailing Services Product Picture
    Figure 2. Global Ride Hailing Services Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global Ride Hailing Services Sales Value (2019-2030) & (US$ Million)
    Figure 4. Ride Hailing Services Report Years Considered
    Figure 5. Global Ride Hailing Services Players Revenue Ranking (2023) & (US$ Million)
    Figure 6. The 5 and 10 Largest Manufacturers in the World: Market Share by Ride Hailing Services Revenue in 2023
    Figure 7. Ride Hailing Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 8. Car Picture
    Figure 9. Motorcycle Picture
    Figure 10. Global Ride Hailing Services Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 11. Global Ride Hailing Services Sales Value Market Share by Type, 2023 & 2030
    Figure 12. Product Picture of Enterprise
    Figure 13. Product Picture of Individual
    Figure 14. Global Ride Hailing Services Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 15. Global Ride Hailing Services Sales Value Market Share by Application, 2023 & 2030
    Figure 16. North America Ride Hailing Services Sales Value (2019-2030) & (US$ Million)
    Figure 17. North America Ride Hailing Services Sales Value by Country (%), 2023 VS 2030
    Figure 18. Europe Ride Hailing Services Sales Value (2019-2030) & (US$ Million)
    Figure 19. Europe Ride Hailing Services Sales Value by Country (%), 2023 VS 2030
    Figure 20. Asia Pacific Ride Hailing Services Sales Value (2019-2030) & (US$ Million)
    Figure 21. Asia Pacific Ride Hailing Services Sales Value by Country (%), 2023 VS 2030
    Figure 22. South America Ride Hailing Services Sales Value (2019-2030) & (US$ Million)
    Figure 23. South America Ride Hailing Services Sales Value by Country (%), 2023 VS 2030
    Figure 24. Middle East & Africa Ride Hailing Services Sales Value (2019-2030) & (US$ Million)
    Figure 25. Middle East & Africa Ride Hailing Services Sales Value by Country (%), 2023 VS 2030
    Figure 26. Key Countries/Regions Ride Hailing Services Sales Value (%), (2019-2030)
    Figure 27. United States Ride Hailing Services Sales Value, (2019-2030) & (US$ Million)
    Figure 28. United States Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
    Figure 29. United States Ride Hailing Services Sales Value by Application (%), 2023 VS 2030
    Figure 30. Europe Ride Hailing Services Sales Value, (2019-2030) & (US$ Million)
    Figure 31. Europe Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
    Figure 32. Europe Ride Hailing Services Sales Value by Application (%), 2023 VS 2030
    Figure 33. China Ride Hailing Services Sales Value, (2019-2030) & (US$ Million)
    Figure 34. China Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
    Figure 35. China Ride Hailing Services Sales Value by Application (%), 2023 VS 2030
    Figure 36. Japan Ride Hailing Services Sales Value, (2019-2030) & (US$ Million)
    Figure 37. Japan Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
    Figure 38. Japan Ride Hailing Services Sales Value by Application (%), 2023 VS 2030
    Figure 39. South Korea Ride Hailing Services Sales Value, (2019-2030) & (US$ Million)
    Figure 40. South Korea Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
    Figure 41. South Korea Ride Hailing Services Sales Value by Application (%), 2023 VS 2030
    Figure 42. Southeast Asia Ride Hailing Services Sales Value, (2019-2030) & (US$ Million)
    Figure 43. Southeast Asia Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
    Figure 44. Southeast Asia Ride Hailing Services Sales Value by Application (%), 2023 VS 2030
    Figure 45. India Ride Hailing Services Sales Value, (2019-2030) & (US$ Million)
    Figure 46. India Ride Hailing Services Sales Value by Type (%), 2023 VS 2030
    Figure 47. India Ride Hailing Services Sales Value by Application (%), 2023 VS 2030
    Figure 48. Ride Hailing Services Industrial Chain
    Figure 49. Ride Hailing Services Manufacturing Cost Structure
    Figure 50. Channels of Distribution (Direct Sales, and Distribution)
    Figure 51. Bottom-up and Top-down Approaches for This Report
    Figure 52. Data Triangulation

A ride hailing service is, in most cases, a comfortable method for door-to-door transport. Ride hailing services use online-enabled platforms to connect between passengers and local drivers using their personal non-commercial vehicles.

The global market for Ride Hailing Services was estimated to be worth US$ 133000 million in 2023 and is forecast to a readjusted size of US$ 231630 million by 2030 with a CAGR of 7.0% during the forecast period 2024-2030

The prospect of self-driving cars is expected to significantly reduce the cost of ride-hailing services, triggering the rise of the mobility-as-a-service (MaaS) concept. Additionally, banks and lenders have lowered interest rates, making financing a car purchase easier and cheaper. Using self-driving fleets can help companies innovate services by improving passenger comfort and safety.

Population growth has led to issues such as increased traffic congestion, lack of suitable public transport options and longer waiting times for public transport services. Therefore, the demand for ride-hailing services attracts more travelers as it offers faster services and on-demand services. Rising fuel prices, increased vehicle maintenance and the adoption of strict emissions standards have effectively made ride-hailing cheaper than owning a vehicle. This is expected to drive market growth over the forecast period.

It is expected that by 2027, the number of users in the online ride-hailing market will reach 1.92 billion. User penetration is expected to reach 21.9% in 2023 and 24.2% in 2027. Average revenue per user (ARPU) is expected to reach $91.27. Compared to the world, the majority of revenue will come from China ($56.16 billion in 2023).

Report Scope
This report aims to provide a comprehensive presentation of the global market for Ride Hailing Services, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Ride Hailing Services by region & country, by Type, and by Application.

The Ride Hailing Services market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ride Hailing Services.

Market Segmentation

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Ride Hailing Services manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Ride Hailing Services in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Ride Hailing Services in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.