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Global On-Demand Transportation Market (2021 to 2029) - Featuring Uber, Lyft and Careem Among Others

Research and Markets
·8-min read

Dublin, Oct. 13, 2021 (GLOBE NEWSWIRE) -- The "On-Demand Transportation Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029" report has been added to ResearchAndMarkets.com's offering.

The on-demand transportation market worldwide is expected to grow with a CAGR of 16.30% during the forecast period from 2021 to 2029. The on-demand transportation market is expected to witness tremendous growth in the near future due to the rise in smartphones and internet penetration. On account of increased traffic problems, insufficient parking spaces and an increase in the utilization of cab/taxi sharing services is driving the market. Market players are introducing new expansion strategies such as new product launch and merger & acquisitions to gain the market share. For example, in 2018, General Motors acquired one self-driving car services startup Cruise and launched a car-sharing platform Maven. Considering these factors, we are expecting high growth in the on-demand transportation market.

Passenger Cars to Continue as the Market Leader

Passenger cars hold the highest market share in the on-demand transportation industry with more than 50% of the market revenue, as of 2020. Conventionally, cabs have been among the most commonly used modes of public transport. With the digitization of the same service, people can book their cabs online at much higher convenience, thereby driving the penetration of on-demand transportation. In addition, market players offer several modes of cab services including sharing, long distance and monthly pass across wide range of vehicles. Thus, the passenger cars segment will continue as the market leader in the on-demand transportation market.

Asia Pacific to Emerge as the Market Leader in the Forecast Period

In 2020, North America led the market with more than 30% market share followed by the Asia Pacific. Due to the rise in internet penetration in the Asia Pacific, we are expecting a boom in the on-demand transportation market in the Asia Pacific. Additionally, growing smartphone & internet usage coupled with easy availability of transportation through apps is likely to drive the Asia Pacific market. Due to the increase in urban population and growing traffic congestion, Asia Pacific is expected to grow with a rapid pace.

Some of the prominent players operating in the on-demand transportation market include Uber Technologies Inc., Lyft, Inc., ANI Technologies Pvt. Ltd. (OLA), Grab Holdings Inc., Wingz, Inc, Careem Inc., Comuto SA (BlaBlaCar), Bolt (Formerly taxify), Gett, Inc., Beijing Xiaoju Technology Co, Ltd.(Didi Chuxing), Curb Mobility, Cabify, Europcar Mobility Group, The Hertz Corporation, Avis Budget Group, Inc., Bayerische Motoren Werke AG (BMW), Daimler AG, Transdev, General Motors Company, Ford Motor Company, Robert Bosch GmbH, Hyundai Motor Company, Enterprise Holdings, Inc., Meru Cabs, Jugnoo, Zoomcar, Revv car, Myles and others.

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Key questions answered in this report

  • What was the market size of on-demand transportation in 2020 and forecast up to 2029?

  • Which is the largest regional market for on-demand transportation?

  • What are the major trends followed in overall on-demand transportation across different regions?

  • What are the key market trends and high-growth opportunities observed in the on-demand transportation market?

  • What are the drivers of the on-demand transportation market?

  • Who are the key on-demand transportation companies leading the market?

  • What are the key strategies adopted by the leading on-demand transportation companies in the market?

Unique data points of this report

  • Statistics on on-demand transportation worldwide

  • Recent trends across different regions in terms of adoption of on-demand transportation

  • Notable developments going on in the on-demand transportation industry

  • Attractive investment proposition for on-demand transportation segment as well as geography

  • Comparative scenario for all the segments for years 2020 (actual) and 2029 (forecast)

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global ODT Market Value, 2019 - 2029, (US$ Mn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment ProVehicle Class, by Geography, 2020
3.6 Competitive Analysis
3.6.1 Market Vehicle Classing of Key ODT Vendors, 2020
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global On-Demand Transportation (ODT) Market Analysis, by Vehicle Class, 2019 - 2029 (US$ Mn)
4.1 Overview
4.2 Passenger Cars
4.3 Commercial Vehicles
4.4 Micro-mobility

Chapter 5 Global On-Demand Transportation (ODT) Market Analysis, by Service Type, 2019 - 2029 (US$ Mn)
5.1 Overview
5.2 E-Hailing
5.3 Car Rental
5.4 Car Sharing
5.5 Bus Sharing

Chapter 6 North America On-Demand Transportation (ODT) Market Analysis, 2019 - 2029 (US$ Mn)
6.1 Overview
6.2 North America ODT Market Analysis, By Vehicle Class, 2019 - 2029
6.2.1 Market Analysis
6.3 North America ODT Market Analysis, By Service Type, 2019 - 2029
6.3.1 Market Analysis
6.4 North America ODT Market Analysis, By Region/Country, 2019 - 2029
6.4.1 U.S.
6.4.1.1 U.S. ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
6.4.1.2 U.S. ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)
6.4.2 Rest of North America
6.4.2.1 Rest Of North America ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
6.4.2.2 Rest Of North America ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)

Chapter 7 Europe On-Demand Transportation (ODT) Market Analysis, 2019 - 2029 (US$ Mn)
7.1 Overview
7.2 Europe ODT Market Analysis, By Vehicle Class, 2019 - 2029
7.2.1 Market Analysis
7.3 Europe ODT Market Analysis, By Service Type, 2019 - 2029
7.3.1 Market Analysis
7.4 Europe ODT Market Analysis, By Region/Country, 2019 - 2029
7.4.1 U.K
7.4.1.1 U.K. ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
7.4.1.2 U.K. ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)
7.4.2 Germany
7.4.2.1 Germany ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
7.4.2.2 Germany ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)
7.4.3 France
7.4.3.1 France ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
7.4.3.2 France ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)
7.4.4 Rest of Europe
7.4.4.1 Rest Of Europe ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
7.4.4.2 Rest Of Europe ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)

Chapter 8 Asia Pacific On-Demand Transportation (ODT) Market Analysis, 2019 - 2029 (US$ Mn)
8.1 Overview
8.2 Asia Pacific ODT Market Analysis, By Vehicle Class, 2019 - 2029
8.2.1 Market Analysis
8.3 Asia Pacific ODT Market Analysis, By Service Type, 2019 - 2029
8.3.1 Market Analysis
8.4 Asia Pacific ODT Market Analysis, By Region/Country, 2019 - 2029
8.4.1 China
8.4.1.1 China ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
8.4.1.2 China ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)
8.4.2 Japan
8.4.2.1 Japan ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
8.4.2.2 Japan ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)
8.4.3 India
8.4.3.1 India ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
8.4.3.2 India ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)
8.4.4 Rest of Asia Pacific
8.4.4.1 Rest Of Asia Pacific ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
8.4.4.2 Rest Of Asia Pacific ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)

Chapter 9 Rest of the World (RoW) On-Demand Transportation (ODT) Market Analysis, 2019 - 2029 (US$ Mn)
9.1 Overview
9.2 RoW ODT Market Analysis, By Vehicle Class, 2019 - 2029
9.2.1 Market Analysis
9.3 RoW ODT Market Analysis, By Service Type, 2019 - 2029
9.3.1 Market Analysis
9.4 RoW ODT Market Analysis, By Region/Country, 2019 - 2029
9.4.1 Middle East & Africa(MEA)
9.4.1.1 MEA ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
9.4.1.2 MEA ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)
9.4.2 Latin America
9.4.2.1 Latin America ODT Market Value, By Vehicle Class, 2019 - 2029 (US$ Mn)
9.4.2.2 Latin America ODT Market Value, By Service Type, 2019 - 2029 (US$ Mn)

Chapter 10 Company Profiles
10.1 Uber Technologies Inc.,
10.2 Lyft Inc.
10.3 ANI Technologies Pvt. Ltd. (OLA)
10.4 Grab Holdings Inc
10.5 Wingz, Inc
10.6 Careem Inc.
10.7 Comuto SA (BlaBlaCar)
10.8 Bolt (Formerly taxify)
10.9 Gett, Inc.
10.10 Beijing Xiaoju Technology Co, Ltd.(Didi Chuxing)
10.11 Curb Mobility
10.12 Cabify
10.13 Europcar Mobility Group
10.14 The Hertz Corporation
10.15 Avis Budget Group, Inc
10.16 Bayerische Motoren Werke AG (BMW)
10.17 Daimler AG
10.18 Transdev
10.19 General Motors Company
10.20 Ford Motor Company
10.21 Robert Bosch GmbH
10.22 Hyundai Motor Company
10.23 Enterprise Holdings, Inc.
10.24 Meru Cabs
10.25 Jugnoo
10.26 Zoomcar
10.27 Revv car
10.28 Myles

For more information about this report visit https://www.researchandmarkets.com/r/b7tww4

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900