How big is the Mexico Ride Hailing Market?

The Mexico Ride Hailing Market size is expected to reach USD 3.34 billion in 2024 and grow at a CAGR of 5.02% to reach USD 4.45 billion by 2029. Read More

What is the current Mexico Ride Hailing Market size?

In 2024, the Mexico Ride Hailing Market size is expected to reach USD 3.34 billion. Read More

Who are the key players in Mexico Ride Hailing Market?

Uber Technologies Inc., BEAT , BlaBlaCar, Cabify Spain SLU and Didi Chuxing Technology Co. are the major companies operating in the Mexico Ride Hailing Market. Read More

What years does this Mexico Ride Hailing Market cover, and what was the market size in 2023?

In 2023, the Mexico Ride Hailing Market size was estimated at USD 3.17 billion. The report covers the Mexico Ride Hailing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mexico Ride Hailing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Ride Sharing Mexico Market - Size, Share & Growth

Ride Sharing Mexico Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Mexican Ridesharing Market Report is Segmented by Service Type (E-Hailing, Car Sharing, Car Rental, and Other Service Types), Type (Peer-To-Peer Sharing and Business Sharing), Booking Channel (Online and Offline), Vehicle Type (Two Wheelers and Passenger Cars), and Distance (Intercity and Intracity). The Report Offers Market Size and Forecast for the Mexico Ridesharing Market in Terms of Value (USD) for all the Above Segments.

Mexico Ride Hailing Industry Overview

The Mexican ridesharing market is dominated by ridesharing giants, such as Uber and Lyft, accounting for the majority of the market share. Agreements between corporations and ridesharing companies to reduce traffic congestion and control pollution from vehicle emissions have been major driving factors of the market in this region.

• April 2022: Vemo, a Mexican company, ordered 1,000 electric vehicles from BYD to expand its EV taxi fleet. BYD D1 was unveiled in 2020 as an electric minivan exclusively designed for ridesharing. According to BYD, the Mexican fleet of D1s will be the largest EV taxi fleet outside China.