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Ride Sharing Software Market By Type, By Service Type: Global Opportunity Analysis and Industry Forecast, 2023-2032

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    Report

  • 206 Pages
  • June 2023
  • Region: Global
  • Allied Market Research
  • ID: 5879152
Description Jump to:
Ride-sharing software is a technology platform or software application that consists of the booking, management, and coordination of shared rides among multiple passengers. This software connects customers with available rides and facilitates booking and payment operations. In addition, the ride sharing software Includes numerous additional features such as ride tracking, driver ratings & reviews, real-time map services, which further provide a seamless ride sharing experience to the consumers. Moreover, ride sharing software provides cost-effective solutions to consumers, as most individuals do not afford to own the vehicle, which encourages people to embrace ride sharing software.

Furthermore, the demand for ride-sharing software is attributed to several driving factors such as the Increase in popularity of smartphones and smart mobile applications, which significantly contribute to the growth opportunities of ride-sharing software or platform. In addition, the live tracking feature in the ride-sharing app such as Uber provides the customer with an estimated time of arrival (ETA) of the cab which they’ve booked. It also allows users to share their travel location with friends or families during travel. This enhances the safety and trust of the users. Moreover, the widespread usage of smartphones enables easy access to ride-sharing applications, which further allows users to conveniently schedule and track rides with a few taps on the screens. Moreover, the surge in need for convenient and cost-effective transportation options has fueled the demand for ride-sharing software in this industry.

Moreover, the numerous advantages offered by ride sharing software create lucrative opportunities for the global market to minimize the impact of security Incidents and improve payment quality, as this technology enhances security and transparency, which positively impacts the growth of the market in the forecast period. In addition, the growing trend of technological advancements and the surge in usage of internet-enabled devices are major factors driving the market growth. Moreover, the growing demand to strengthen digital travel payment solutions and mobile wallets in several industries is anticipated to accelerate the market demand and hence, drive global market growth. Furthermore, there is the need for an effective and durable cab system, which creates opportunities for ride sharing software solutions to minimize the impact of convenience in traditional cab solutions and improve the quality of the transport. Moreover, with the Increasing reliance on digital technologies, organizations aim to provide a seamless and secure user experience, which in turn, is expected to offer remunerative opportunities for the expansion of the global market during the forecast period.

In addition, the ride sharing software market is witnessing significant growth, owing to several key factors Including easy accessibility, as passengers can book a ride from anywhere on the globe without waiting in line or waving at them. Whereas traditional transport mediums are often inadequate in processing fast booking systems, enabling ride sharing software solutions necessary to address the evolving trend. This enhances the customer experience and makes the customers more comfortable to choose the affordable ride of their preference., hence, are anticipated to drive global market growth.

The Increase in penetration of smartphones & the internet and the surge in demand for convenient transportation are expected to positively impact the growth of the market in the future. In addition, the Increase in expenses of vehicle ownership propels global market growth. However, safety and security concerns are expected to hamper market growth. In addition, varying transport policies of different countries can deter small businesses from adopting this technology. Furthermore, the rise in integration of autonomous ride sharing creates numerous opportunities for ride sharing software to optimize the ride experience, reduce cost, and improve the quality of rides. Moreover, the integration of advanced mobility services is expected to offer remunerative opportunities for the expansion of the global market during the forecast period.

The ride sharing software market is segmented into type, service type, and region. By type, it is bifurcated into web-based and app-based. By service type, it is divided into e-hailing, car sharing, and car rental. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The market players operating in the ride sharing software market are BlaBlaCar, Didi Chuxing Technology Co, Gett, HyreCar Inc, Lyft, Inc., Ola Cabs, Uber Technologies, Inc., Via Transportation, Inc., Wingz and Zimride Inc. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, which help to drive the growth of the ride sharing software market globally.

Key Benefits for Stakeholders

  • The study provides an in-depth analysis of the ride sharing software market forecast along with the current and future trends to explain the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on ride sharing software market trends is provided in the report.
  • The Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the ride sharing software market from 2022 to 2032 is provided to determine the market potential.

Key Market Segments

By Type

  • App-based
  • Web-based

By Service Type

  • E-Hailing
  • Car Sharing
  • Car Rental

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • BlaBlaCar
  • Didi Chuxing Technology Co
  • Gett
  • HyreCar Inc.
  • Lyft, Inc.
  • Ola Cabs
  • Uber Technologies, Inc.
  • Via Transportation, Inc.
  • Wingz
  • Zimride Inc. (Enterprise Holdings)

 

Please note:

  • Online Access price format is valid for 60 days access. Printing is not enabled.
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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Low-to-high bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. Moderate intensity of rivalry
3.3.5. Moderate bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in penetration of smartphones and internet
3.4.1.2. Growth in demand for convenient transportation
3.4.1.3. Increase in expenses of vehicle ownership
3.4.2. Restraints
3.4.2.1. Varying transport policies of different countries
3.4.2.2. Safety and security concerns
3.4.3. Opportunities
3.4.3.1. Rise in integration of autonomous ride sharing
3.4.3.2. Integration of advanced mobility services
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: RIDE SHARING SOFTWARE MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. App-based
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Web-based
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE
5.1. Overview
5.1.1. Market size and forecast
5.2. E-Hailing
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Car Sharing
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Car Rental
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
CHAPTER 6: RIDE SHARING SOFTWARE MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Type
6.2.3. Market size and forecast, by Service Type
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Type
6.2.4.1.3. Market size and forecast, by Service Type
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Type
6.2.4.2.3. Market size and forecast, by Service Type
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by Service Type
6.3.4. Market size and forecast, by country
6.3.4.1. UK
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Type
6.3.4.1.3. Market size and forecast, by Service Type
6.3.4.2. Germany
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Type
6.3.4.2.3. Market size and forecast, by Service Type
6.3.4.3. France
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Type
6.3.4.3.3. Market size and forecast, by Service Type
6.3.4.4. Italy
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Type
6.3.4.4.3. Market size and forecast, by Service Type
6.3.4.5. Spain
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Type
6.3.4.5.3. Market size and forecast, by Service Type
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Type
6.3.4.6.3. Market size and forecast, by Service Type
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Type
6.4.3. Market size and forecast, by Service Type
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Type
6.4.4.1.3. Market size and forecast, by Service Type
6.4.4.2. Japan
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Type
6.4.4.2.3. Market size and forecast, by Service Type
6.4.4.3. India
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Type
6.4.4.3.3. Market size and forecast, by Service Type
6.4.4.4. Australia
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Type
6.4.4.4.3. Market size and forecast, by Service Type
6.4.4.5. South Korea
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Type
6.4.4.5.3. Market size and forecast, by Service Type
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Type
6.4.4.6.3. Market size and forecast, by Service Type
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Type
6.5.3. Market size and forecast, by Service Type
6.5.4. Market size and forecast, by country
6.5.4.1. Latin America
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Type
6.5.4.1.3. Market size and forecast, by Service Type
6.5.4.2. Middle East
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Type
6.5.4.2.3. Market size and forecast, by Service Type
6.5.4.3. Africa
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Type
6.5.4.3.3. Market size and forecast, by Service Type
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
8.1. BlaBlaCar
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Key strategic moves and developments
8.2. Didi Chuxing Technology Co
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Key strategic moves and developments
8.3. Gett
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. Key strategic moves and developments
8.4. HyreCar Inc.
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.4.7. Key strategic moves and developments
8.5. Lyft, Inc.
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Business performance
8.5.7. Key strategic moves and developments
8.6. Ola Cabs
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Key strategic moves and developments
8.7. Uber Technologies, Inc.
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.7.7. Key strategic moves and developments
8.8. Via Transportation, Inc.
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.8.6. Key strategic moves and developments
8.9. Wingz
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.9.6. Key strategic moves and developments
8.10. Zimride Inc. (Enterprise Holdings)
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. Key strategic moves and developments
List of Tables
TABLE 01. GLOBAL RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 02. RIDE SHARING SOFTWARE MARKET FOR APP-BASED, BY REGION, 2022-2032 ($MILLION)
TABLE 03. RIDE SHARING SOFTWARE MARKET FOR WEB-BASED, BY REGION, 2022-2032 ($MILLION)
TABLE 04. GLOBAL RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 05. RIDE SHARING SOFTWARE MARKET FOR E-HAILING, BY REGION, 2022-2032 ($MILLION)
TABLE 06. RIDE SHARING SOFTWARE MARKET FOR CAR SHARING, BY REGION, 2022-2032 ($MILLION)
TABLE 07. RIDE SHARING SOFTWARE MARKET FOR CAR RENTAL, BY REGION, 2022-2032 ($MILLION)
TABLE 08. RIDE SHARING SOFTWARE MARKET, BY REGION, 2022-2032 ($MILLION)
TABLE 09. NORTH AMERICA RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 10. NORTH AMERICA RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 11. NORTH AMERICA RIDE SHARING SOFTWARE MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 12. U.S. RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 13. U.S. RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 14. CANADA RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 15. CANADA RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 16. EUROPE RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 17. EUROPE RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 18. EUROPE RIDE SHARING SOFTWARE MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 19. UK RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 20. UK RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 21. GERMANY RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 22. GERMANY RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 23. FRANCE RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 24. FRANCE RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 25. ITALY RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 26. ITALY RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 27. SPAIN RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 28. SPAIN RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 29. REST OF EUROPE RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 30. REST OF EUROPE RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 31. ASIA-PACIFIC RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 32. ASIA-PACIFIC RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 33. ASIA-PACIFIC RIDE SHARING SOFTWARE MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 34. CHINA RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 35. CHINA RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 36. JAPAN RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 37. JAPAN RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 38. INDIA RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 39. INDIA RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 40. AUSTRALIA RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 41. AUSTRALIA RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 42. SOUTH KOREA RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 43. SOUTH KOREA RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 44. REST OF ASIA-PACIFIC RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 45. REST OF ASIA-PACIFIC RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 46. LAMEA RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 47. LAMEA RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 48. LAMEA RIDE SHARING SOFTWARE MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 49. LATIN AMERICA RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 50. LATIN AMERICA RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 51. MIDDLE EAST RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 52. MIDDLE EAST RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 53. AFRICA RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 54. AFRICA RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022-2032 ($MILLION)
TABLE 55. BLABLACAR: KEY EXECUTIVES
TABLE 56. BLABLACAR: COMPANY SNAPSHOT
TABLE 57. BLABLACAR: SERVICE SEGMENTS
TABLE 58. BLABLACAR: PRODUCT PORTFOLIO
TABLE 59. BLABLACAR: KEY STRATERGIES
TABLE 60. DIDI CHUXING TECHNOLOGY CO: KEY EXECUTIVES
TABLE 61. DIDI CHUXING TECHNOLOGY CO: COMPANY SNAPSHOT
TABLE 62. DIDI CHUXING TECHNOLOGY CO: SERVICE SEGMENTS
TABLE 63. DIDI CHUXING TECHNOLOGY CO: PRODUCT PORTFOLIO
TABLE 64. DIDI CHUXING TECHNOLOGY CO: KEY STRATERGIES
TABLE 65. GETT: KEY EXECUTIVES
TABLE 66. GETT: COMPANY SNAPSHOT
TABLE 67. GETT: SERVICE SEGMENTS
TABLE 68. GETT: PRODUCT PORTFOLIO
TABLE 69. GETT: KEY STRATERGIES
TABLE 70. HYRECAR INC.: KEY EXECUTIVES
TABLE 71. HYRECAR INC.: COMPANY SNAPSHOT
TABLE 72. HYRECAR INC.: SERVICE SEGMENTS
TABLE 73. HYRECAR INC.: PRODUCT PORTFOLIO
TABLE 74. HYRECAR INC.: KEY STRATERGIES
TABLE 75. LYFT, INC.: KEY EXECUTIVES
TABLE 76. LYFT, INC.: COMPANY SNAPSHOT
TABLE 77. LYFT, INC.: SERVICE SEGMENTS
TABLE 78. LYFT, INC.: PRODUCT PORTFOLIO
TABLE 79. LYFT, INC.: KEY STRATERGIES
TABLE 80. OLA CABS: KEY EXECUTIVES
TABLE 81. OLA CABS: COMPANY SNAPSHOT
TABLE 82. OLA CABS: SERVICE SEGMENTS
TABLE 83. OLA CABS: PRODUCT PORTFOLIO
TABLE 84. OLA CABS: KEY STRATERGIES
TABLE 85. UBER TECHNOLOGIES, INC.: KEY EXECUTIVES
TABLE 86. UBER TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 87. UBER TECHNOLOGIES, INC.: SERVICE SEGMENTS
TABLE 88. UBER TECHNOLOGIES, INC.: PRODUCT PORTFOLIO
TABLE 89. UBER TECHNOLOGIES, INC.: KEY STRATERGIES
TABLE 90. VIA TRANSPORTATION, INC.: KEY EXECUTIVES
TABLE 91. VIA TRANSPORTATION, INC.: COMPANY SNAPSHOT
TABLE 92. VIA TRANSPORTATION, INC.: SERVICE SEGMENTS
TABLE 93. VIA TRANSPORTATION, INC.: PRODUCT PORTFOLIO
TABLE 94. VIA TRANSPORTATION, INC.: KEY STRATERGIES
TABLE 95. WINGZ: KEY EXECUTIVES
TABLE 96. WINGZ: COMPANY SNAPSHOT
TABLE 97. WINGZ: SERVICE SEGMENTS
TABLE 98. WINGZ: PRODUCT PORTFOLIO
TABLE 99. WINGZ: KEY STRATERGIES
TABLE 100. ZIMRIDE INC. (ENTERPRISE HOLDINGS): KEY EXECUTIVES
TABLE 101. ZIMRIDE INC. (ENTERPRISE HOLDINGS): COMPANY SNAPSHOT
TABLE 102. ZIMRIDE INC. (ENTERPRISE HOLDINGS): SERVICE SEGMENTS
TABLE 103. ZIMRIDE INC. (ENTERPRISE HOLDINGS): PRODUCT PORTFOLIO
TABLE 104. ZIMRIDE INC. (ENTERPRISE HOLDINGS): KEY STRATERGIES
List of Figures
FIGURE 01. RIDE SHARING SOFTWARE MARKET, 2022-2032
FIGURE 02. SEGMENTATION OF RIDE SHARING SOFTWARE MARKET, 2022-2032
FIGURE 03. TOP INVESTMENT POCKETS IN RIDE SHARING SOFTWARE MARKET (2023-2032)
FIGURE 04. LOW-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 05. LOW THREAT OF NEW ENTRANTS
FIGURE 06. MODERATE THREAT OF SUBSTITUTES
FIGURE 07. MODERATE INTENSITY OF RIVALRY
FIGURE 08. MODERATE BARGAINING POWER OF BUYERS
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALRIDE SHARING SOFTWARE MARKET
FIGURE 09. RIDE SHARING SOFTWARE MARKET, BY TYPE, 2022(%)
FIGURE 10. COMPARATIVE SHARE ANALYSIS OF RIDE SHARING SOFTWARE MARKET FOR APP-BASED, BY COUNTRY 2022 AND 2032(%)
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF RIDE SHARING SOFTWARE MARKET FOR WEB-BASED, BY COUNTRY 2022 AND 2032(%)
FIGURE 12. RIDE SHARING SOFTWARE MARKET, BY SERVICE TYPE, 2022(%)
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF RIDE SHARING SOFTWARE MARKET FOR E-HAILING, BY COUNTRY 2022 AND 2032(%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF RIDE SHARING SOFTWARE MARKET FOR CAR SHARING, BY COUNTRY 2022 AND 2032(%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF RIDE SHARING SOFTWARE MARKET FOR CAR RENTAL, BY COUNTRY 2022 AND 2032(%)
FIGURE 16. RIDE SHARING SOFTWARE MARKET BY REGION, 2022
FIGURE 17. U.S. RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 18. CANADA RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 19. UK RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 20. GERMANY RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 21. FRANCE RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 22. ITALY RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 23. SPAIN RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 24. REST OF EUROPE RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 25. CHINA RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 26. JAPAN RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 27. INDIA RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 28. AUSTRALIA RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 29. SOUTH KOREA RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 30. REST OF ASIA-PACIFIC RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 31. LATIN AMERICA RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 32. MIDDLE EAST RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 33. AFRICA RIDE SHARING SOFTWARE MARKET, 2022-2032 ($MILLION)
FIGURE 34. TOP WINNING STRATEGIES, BY YEAR
FIGURE 35. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 36. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 37. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 38. COMPETITIVE DASHBOARD
FIGURE 39. COMPETITIVE HEATMAP: RIDE SHARING SOFTWARE MARKET
FIGURE 40. TOP PLAYER POSITIONING, 2022
FIGURE 41. HYRECAR INC.: NET REVENUE, 2019-2021 ($MILLION)
FIGURE 42. HYRECAR INC.: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021 ($MILLION)
FIGURE 43. LYFT, INC.: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)
FIGURE 44. UBER TECHNOLOGIES, INC.: NET REVENUE, 2020-2022 ($MILLION)
FIGURE 45. UBER TECHNOLOGIES, INC.: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)
FIGURE 46. UBER TECHNOLOGIES, INC.: REVENUE SHARE BY SEGMENT, 2022 (%)
FIGURE 47. UBER TECHNOLOGIES, INC.: REVENUE SHARE BY REGION, 2022 (%)

Executive Summary

According to a new report, titled, 'Ride Sharing Software Market,' The ride sharing software market was valued at $7 billion in 2022, and is estimated to reach $34.2 billion by 2032, growing at a CAGR of 17.6% from 2023 to 2032.

The Ride Sharing Software Market is likely to experience a significant growth rate of 17.6% from 2023-2032, owing to increasing market demand from E-Hailing services.

Ride-sharing software enables users to book a ride service with a ride-sharing facility. It is a convenient mode of transportation wherein individuals wait at their pick-up point and reach their destination along with other co-passengers. In addition, the app-based ride sharing is a smart digital mobility option to reduce traffic congestion and greenhouse gas emissions. Such software offers numerous advantages such as pocket-friendly, eco-friendly, and public-friendly. Several countries have made efforts to implement ride-sharing options through a software platform to curb carbon emissions. Such software is developed to operate either on mobile phones or personal computers.

Furthermore, the numerous advantages offered by ride sharing software create lucrative opportunities for the global market to minimize the impact of security incidents and improve payment quality, as this technology enhances security and transparency, which positively impacts the growth of the market in the forecast period. In addition, the growing trend of technological advancements and the surge in usage of internet-enabled devices are major factors driving the market growth. Moreover, the growing demand to strengthen digital travel payment solutions and mobile wallets in several industries is anticipated to accelerate the market demand and hence, drive global market growth. Furthermore, there is the need for an effective and durable cab system, which creates opportunities for ride sharing software solutions to minimize the impact of convenience in traditional cab solutions and improve the quality of the transport. Moreover, with the increasing reliance on digital technologies, organizations aim to provide a seamless and secure user experience, which in turn, is expected to offer remunerative opportunities for the expansion of the global market during the forecast period.

The increase in penetration of smartphones & the internet and the surge in demand for convenient transportation are expected to positively impact the growth of the market in the future. In addition, the increase in expenses of vehicle ownership propels global market growth. However, safety and security concerns are expected to hamper market growth. In addition, varying transport policies of different countries can deter small businesses from adopting this technology. Furthermore, the rise in integration of autonomous ride sharing creates numerous opportunities for ride sharing software to optimize the ride experience, reduce cost, and improve the quality of rides. Moreover, the integration of advanced mobility services is expected to offer remunerative opportunities for the expansion of the global market during the forecast period.

The ride sharing software market is segmented into type, service type, and region. By type, it is bifurcated into web-based and app-based. By service type, it is divided into e-hailing, car sharing, and car rental. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The market players operating in the ride sharing software market are BlaBlaCar, Didi Chuxing Technology Co, Gett, HyreCar Inc, Lyft, Inc., Ola Cabs, Uber Technologies, Inc., Via Transportation, Inc., Wingz and Zimride Inc. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, which help to drive the growth of the ride sharing software market globally. For instance, in May 2023, Uber launched Uber Green in India, it is a global flagship electric vehicle program that allows passengers to request zero-emission all-electric vehicles through the app. Similarly, in June 2021, Rapido introduced the Ride to Vaccinate initiative, the ride sharing platform that provides free Rapido rides to the nearest Covid-19 center. In addition, in July 2021, EVgo partnered with Lyft, and launched a new Electric Vehicle (EV) charging discount program for rideshare drivers. This alliance with EVgo is an important step in addressing the second barrier and part of a suite of new offerings to support drivers in switching to an EV on Lyft to further accelerate their sustainable initiatives.

Key Market Insights

  • By type, the app-based segment was the highest revenue contributor to the market in 2022, and is estimated to reach $22970 million by 2032, with a CAGR of 16.4%. However, the web-based segment is estimated to be the fastest-growing segment with a CAGR of 20.5% during the forecast period.
  • By service type, the e-hailing segment dominated the global market share in 2022, and is estimated to reach $19030.93 million by 2032, with a CAGR of 15.2%, However, the car sharing segment is expected to be the fastest growing segment with a CAGR of 22.3% during the forecast period.
  • Region wise, North America was the highest revenue contributor, accounting for $2456.88 million in 2022 and is estimated to reach $9428.74 million by 2032, with a CAGR of 14.7.

Companies Mentioned

  • BlaBlaCar
  • Didi Chuxing Technology Co
  • Gett
  • HyreCar Inc.
  • Lyft, Inc.
  • Ola Cabs
  • Uber Technologies, Inc.
  • Via Transportation, Inc.
  • Wingz
  • Zimride Inc. (Enterprise Holdings)

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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