What is the on-demand transportation market?

It is a web-based service allowing users to book vehicles for trips based on distance and duration, encompassing ride-hailing, car-sharing, and bike-sharing.

How big is On-demand Transportation Market?

The Global On-demand Transportation Market size is expected to be worth around USD 885.0 Billion By 2033, from USD 187.6 Billion in 2023, growing at a CAGR of 19.4% during the forecast period from 2024 to 2033.

What factors are driving market growth?

Key drivers include rising urbanization, increasing smartphone penetration, technological advancements, and changing consumer preferences towards convenience and on-demand services.

What challenges does the market face?

Challenges include data privacy concerns and regulatory issues impacting service operations and growth.

Which regions are leading the market?

In 2022, North America held a dominant market position in the on-demand transportation market, capturing more than a 41.2% share with a revenue of USD 64.7 billion .

Global On-Demand Transportation Market By Service (Car Sharing, Car Rental, E-Hailing, and Station-Based-Mobility), By Vehicle Type (Micro Mobility, and Four Wheeler), By Region and Companies – Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Published date: July 2024
Report ID: 98790
Number of Pages: 340
Format:

Overview
Table of Contents
Major Market Players
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- Ola Inc.
- BlaBlaCar
- Uber Technologies Inc.
- Careem
- Grab
- Daimler AG
- Ford Motor Company
- General Motor Company
- Gett Inc.
- Robert Bosch GmbH.
- International Business Machines Corporation (IBM)
- Other Key Players