The trend in the ride-hailing marketplace keeps transfiguring from time to time.
So, be aware of the trend and incorporate them into your business.
Though the marketplace of ride-hailing business is expanding exponentially, there is a lot of scope for budding entrepreneurs.
Summary - A new market study, titled “ Global Ride Hailing Market: Industry Analysis & Outlook (2019-2023)” has been featured o…November 23, 2020 Ride-Hailing is a mobility service which consists of door-to-door trips, where transportation corporations charge drivers a fee for connecting them with riders through their patented digital platforms.
This transportation facility works on a peer-to-peer driver-partner concept where drivers (who are mostly car owners) partner up with a particular Transportation Network Companies (TNCs) like Uber, Lyft, etc., to provide rental journeys to potential customers.Presently, passenger car segment is dominating the global ride-hailing market owing to growing preference for small-size cars by working-class population to commute easily in congested areas.Regionally, the U.S. is expected to hold the leading position in the market, due to the rapid surge in number of travel network companies engaged in vehicle rental business and growing demand for e-hailing services by tourists for visiting places in Washington, San Francisco, Boston, etc., during vacations.ALSO READ https://www.newsmaker.com.au/news/380382/ride-hailing-market-analysis-2020-global-trend-segmentation-and-opportunities-forecast-2025#.X6VIVPhR3IU The global market is expected to grow due to booming tourism industry, increasing urban population, rising ride-hailing apps penetration and escalating personal disposable income.
Key trends of this market include emergence of autonomous vehicles, rising demand for new energy vehicles (NEV) in China and growing preference for bike-sharing in the U.S.
However, there are some factors which can hinder the market growth including stringent regulation and intense competition.“Global Ride-Hailing Market: Industry Analysis & Outlook (2019-2023)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook.
Uber Technologies, Inc., Lyft, Inc., DiDi Chuxing Technology Co. and Ola Cabs.
are being profiled along with their respective financials and growth strategies.FOR MORE DETAILS https://www.wiseguyreports.com/reports/4174347-global-ride-hailing-market-industry-analysis-outlook-2019-2023About Us:Wise Guy Reports is part of the Wise Guy Research Consultants Pvt.
The global ride hailing services market size is projected to touch USD 82.37 billion by 2025.
Increasing focus on reducing congestion and vehicle emission is attributing to the market growth.
Further, factors such as increasing demand from office commuters and the low cost of travelling are supplementing the market growth.
Considering the growing demand for such services from emerging countries, key players are focusing on expanding their market penetration.
The company is further planning to incorporate various other vehicles such as e-bikes, luxury cars, ambulances and others.
In another development, U.S based Alto introduced ride-hailing services with the help of funding it generated from companies such as Frog Ventures and Road Ventures.
The trend in the ride-hailing marketplace keeps transfiguring from time to time.
So, be aware of the trend and incorporate them into your business.
Though the marketplace of ride-hailing business is expanding exponentially, there is a lot of scope for budding entrepreneurs.
Summary - A new market study, titled “ Global Ride Hailing Market: Industry Analysis & Outlook (2019-2023)” has been featured o…November 23, 2020 Ride-Hailing is a mobility service which consists of door-to-door trips, where transportation corporations charge drivers a fee for connecting them with riders through their patented digital platforms.
This transportation facility works on a peer-to-peer driver-partner concept where drivers (who are mostly car owners) partner up with a particular Transportation Network Companies (TNCs) like Uber, Lyft, etc., to provide rental journeys to potential customers.Presently, passenger car segment is dominating the global ride-hailing market owing to growing preference for small-size cars by working-class population to commute easily in congested areas.Regionally, the U.S. is expected to hold the leading position in the market, due to the rapid surge in number of travel network companies engaged in vehicle rental business and growing demand for e-hailing services by tourists for visiting places in Washington, San Francisco, Boston, etc., during vacations.ALSO READ https://www.newsmaker.com.au/news/380382/ride-hailing-market-analysis-2020-global-trend-segmentation-and-opportunities-forecast-2025#.X6VIVPhR3IU The global market is expected to grow due to booming tourism industry, increasing urban population, rising ride-hailing apps penetration and escalating personal disposable income.
Key trends of this market include emergence of autonomous vehicles, rising demand for new energy vehicles (NEV) in China and growing preference for bike-sharing in the U.S.
However, there are some factors which can hinder the market growth including stringent regulation and intense competition.“Global Ride-Hailing Market: Industry Analysis & Outlook (2019-2023)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook.
Uber Technologies, Inc., Lyft, Inc., DiDi Chuxing Technology Co. and Ola Cabs.
are being profiled along with their respective financials and growth strategies.FOR MORE DETAILS https://www.wiseguyreports.com/reports/4174347-global-ride-hailing-market-industry-analysis-outlook-2019-2023About Us:Wise Guy Reports is part of the Wise Guy Research Consultants Pvt.
The global ride hailing services market size is projected to touch USD 82.37 billion by 2025.
Increasing focus on reducing congestion and vehicle emission is attributing to the market growth.
Further, factors such as increasing demand from office commuters and the low cost of travelling are supplementing the market growth.
Considering the growing demand for such services from emerging countries, key players are focusing on expanding their market penetration.
The company is further planning to incorporate various other vehicles such as e-bikes, luxury cars, ambulances and others.
In another development, U.S based Alto introduced ride-hailing services with the help of funding it generated from companies such as Frog Ventures and Road Ventures.