Ride Sharing Software Market By Type (App-based, Web-based), By Service Type (E-Hailing, Car Sharing, Car Rental): Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, 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.

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)

Product Code: A14942

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