Ride sharing is a travelling service availed by community of individuals. In this, more than one passenger shares a single ride to save fuel cost, money, and time. Factors driving the ride sharing market is, focus on minimizing the carbon dioxide emission level in an environment is growing the need to adopt ride sharing services among the individuals. Also, an increase in fuel prices is responsible to further drive the ride sharing market.
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Some of the key players influencing the ride sharing market are ANI Technologies Pvt. Ltd., BlaBlaCar, Carma Technology Corporation, DiDi (Beijing Xiaoju Technology Co, Ltd.), Gett, Inc., Grab, Lyft, Inc., Car2Go, Uber Technologies Inc., and Quick Ride among others.
The key factor hindering the ride sharing market is the rules and legislations related to the mobility as a service differs from region to regions, which is creating a gap in adoption of ride sharing services. Nevertheless, introduction of autonomous vehicles with innovative technologies is anticipated to ease the adoption of car sharing technologies and services, thereby, posing a prominent opportunity for the ride sharing market players to enhance their annual revenue. This factor is foreseen to create immense opportunity in ride sharing market in the coming years.
The “Global Ride Sharing Market Analysis to 2027” is a specialized and in-depth study of the Ride Sharing industry with a focus on the global market trend. The report aims to provide an overview of global Ride Sharing market with detailed market segmentation on the basis of type, and business model, and geography. The global Ride Sharing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Ride Sharing market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global ride sharing market based on type, and business model. It also provides market size and forecast till 2027 for overall Ride Sharing market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions. Further, the report also includes ecosystem analysis for the ride sharing market.
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