How big is the Global Ridesharing Market?

The Global Ridesharing Market size is expected to reach USD 47.57 billion in 2024 and grow at a CAGR of 11.45% to reach USD 81.78 billion by 2029. Read More

What is the current Global Ridesharing Market size?

In 2024, the Global Ridesharing Market size is expected to reach USD 47.57 billion. Read More

Which is the fastest growing region in Global Ridesharing Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global Ridesharing Market?

In 2024, the Europe accounts for the largest market share in Global Ridesharing Market. Read More

What years does this Global Ridesharing Market cover, and what was the market size in 2023?

In 2023, the Global Ridesharing Market size was estimated at USD 42.12 billion. The report covers the Global Ridesharing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Ridesharing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the emerging trends in the Ridesharing Market?

Emerging trends in the Ridesharing Market are: a) Integration of autonomous vehicles b) Electric vehicles, and c) Expansion of ridesharing platforms into new services. Read More

Ridesharing Market Growth | Industry Analysis, Size & Outlook Report

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

The Ridesharing Market Report is Segmented by Membership Type (Fixed Ridesharing, Dynamic Ridesharing, and Corporate Ridesharing), by Service Type (Web Based, App Based, and Web and App Based), and by Geography (North America, Europe, Asia Pacific, Rest of the World). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Ridesharing Industry Overview

The ride sharing market showcases a blend of global players and numerous small-to-medium-sized enterprises. Key players include OmniRide (affiliated with the Potomac and Rappahannock Transportation Commission), Kangaride, Planète Covoiturage Inc./CarpoolWorld Inc., Via Transportation Inc., and Ridesharing.com (linked to COVOITURAGE MONTREAL Inc.). To bolster their product offerings and secure a lasting competitive edge, these players are increasingly turning to strategies like partnerships and acquisitions.

• July 2024: In a groundbreaking move, Lorain County Transit, in partnership with TransitTech leader Via, launched "Via LC," a cutting-edge on-demand public transit service. Beginning July 15, ViaLC planned to revolutionize transportation for residents in Lorain and Elyria, enabling effortless ride bookings at the touch of a button. By joining forces with Lorain County Transit, ViaLC significantly enhances community access to the broader public transit network. Residents can conveniently book rides within Lorain or Elyria using the ViaLC mobile app or easily transfer to a Lorain County Transit bus for longer trips.

• June 2024: Trinity Metro, in collaboration with TransitTech provider Via, is ushering in a new era of innovative public transportation in Tarrant County. Via, celebrated for its success with the ZIPZONE on-demand rideshare service, is now central to Trinity Metro's ambitious vision. With this deepened collaboration, Trinity Metro aims to infuse advanced technology and optimize operations across its entire transit network.