Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Emerging Markets and Tier II and Tier III Cities are Redefining Opportunities; MaaS Integration is the Next Milestone
* Required Fields
Pay by invoice
The study aims to analyse and forecast the global ride hailing market outlook and technology trends for 2018. The ride hailing market has gone beyond providing taxis to be recognized as a platform for efficient mobility services. New opportunities are arising in the emerging markets of Latin America, Africa, and the Middle East while the developed markets of North America, Asia-Pacific, and Europe offer growing opportunities in tier 2 and 3 cities. The base year for the study is 2018 while 2019-2030 is the forecast period.
Market measurements have been analyzed for 2018, 2020, 2025, and 2030. Region-wise revenue forecasts for the vehicles and ride hailing segments have been provided for the global ride hailing market. An extensive list of key players to watch for in 2018 and their business model have been discussed in this report.
Growth analysis, competitive landscape, and future technology trends have been discussed in the competitive analysis segment. Ride hailing players are partnering with different industries in order to diversify their offerings. They are focusing on market consolidation and increasing the number of vehicles connected to their platforms.
The study provides key market breakdowns, trends, strategies, and challenges impacting the global market. It also provides an overview of the regional impact of various ride hailing service providers and a comparative analysis of all the advanced technologies in ride hailing.
Technology partnerships will be key drivers for the market as advanced technology platforms improve fleet utilization, demand generation, and vehicle routing techniques, thereby increasing demand and streamlining supply. Technology providers are also looking to enter the market by providing APIs and white-label platforms to taxi companies.
Europe has a relatively higher fleet of EV taxis than other regions such as North America and the Asia-Pacific. Ride hailing service providers are also diversifying the services offered by offering repair and maintenance services, fleet supply, fuel and charging infrastructure, and advanced technology platforms. By owning parts of the ride hailing value chain, service providers are trying to gain control over the entire ecosystem and remain relevant in a highly competitive market that is moving towards a monopoly or a duopoly situation.
The autonomous taxi is another trend that is expected to disrupt the ride hailing market in terms of new business models. It entails no driver costs but requires high investment for fleet operations and maintenance. OEMs (traditional and startups) are expected to play an increasingly important role in the autonomous taxi ecosystem.
This growth is also expected to be propelled by favorable government policies, offering new mobility business models, evolving value chains, and commercial autonomous taxi services which would help in increasing fleet size.
Key Issues Addressed
Author: Ankita Mukherji
Strategic Assessment of Shared Mobility Market in India, 2019
Global Mobility-as-a-Service (MaaS) Market, Forecast to 2030
Company Profile of Uber in India, 2019
Strategic Analysis of the Chinese eHailing Market, 2018
Africa’s Business Travel and Transport Transformation
Company Profile of Ola, 2019
Company Profile of Grab
Global Shared and Autonomous Mobility Industry Outlook, 2019
Strategic Analysis of the Indian Western Dedicated Rail Freight Corridor and Its Impact on Indian Logistics, 2017–2041
Car Sharing Market in Poland, Forecast to 2020
renewable energy market
solar panel market
flexible packaging market
commercial aircraft market forecast
heavy truck market
packaged food industry
fleet management market
smart home market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.