Major players in the ride-hailing market are Uber Technologies Inc. , Grab, ANI Technologies Pvt. Ltd. , Gett Inc. , Lyft Inc. , DiDi Chuxing, Delphi Automotive, Daimler AG. , BlaBlaCar, and Didi Chuxing Technology Co.
New York, April 27, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Ride Hailing Global Market Report 2021: COVID-19 Growth And Change To 2030” – https://www.reportlinker.com/p06064493/?utm_source=GNW
The global ride hailing market is expected grow from $42.25 billion in 2020 to $56.87 billion in 2021 at a compound annual growth rate (CAGR) of 34.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $108.15 billion in 2025 at a CAGR of 17%.
The ride-hailing market consists of revenue generated by ride-hailing used for passenger transportation service in which the passengers are connected with the vehicle drivers through a smartphone-based app.The industry comprises establishments primarily engaged in providing passenger transportation by automobile or van, not operated over regular routes and on regular schedules.
Establishments of taxicab owners/operators, taxicab fleet operators, or taxicab organizations are included in this…