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On-Demand Transportation Market to be Worth Over US$ 340 Billion by 2030

 The global on-demand transportation market size is expected to reach around US$ 340 billion by 2030 from US$ 120.85 billion in 2020 and is expected to grow at an impressive double-digit rate of 19.25% from 2021 to 2030.

The study includes drivers and restraints of this market. The study provides an analysis of the global on-demand transportation market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.

On-Demand Transportation Market Size 2021 to 2030

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Crucial factors accountable for market growth are:

  • Increased traffic congestion as a result of an increase in the number of automobiles
  • Increased tourist and working-class population, as well as a growing trend of road trips
  • The increasing popularity of smartphones
  • Rising gasoline prices, fewer parking spots, and exorbitant automotive prices

Report Highlights

  • Car rental was expected to be the largest segment in terms of market share among various on-demand transportation services in 2017. However, demand for other services such as e-hailing and car sharing is expected to rise significantly over the forecast period.
  • The four-wheeler segment provides advantages such as reduced noise pollution and a more comfortable driving experience, which is critical in developed countries. Rising consumer disposable income in countries such as India and China are also helping to drive growth. Thus, the four-wheeler segment has the major share in the on-demand transportation market.

Regional Snapshots

Asia Pacific is estimated to have the greatest share of the On-Demand Transportation market during the forecast period. The Asia-Pacific area serves as a reporting platform for transportation infrastructure and service provision; regional, urban, and rural connectivity challenges; and public health problems such as road safety and pollutant emissions.In 2021, revenue in the Car Rentals industry in the United States is expected to reach USD 22,424 million. By 2025, the number of users in the Car Rentals market is estimated to reach 49.7 million. In 2021, user penetration is 10.8 percent, with a projected increase to 14.6 percent by 2025. In terms of worldwide revenue, the United States will generate the most. Such high car rental revenue in U.S. will create a positive impact on the overall on-demand transportation market.

Why should you invest in this report?

If you are aiming to enter the global on-demand transportation market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for on-demand transportation are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Some of the prominent players in the global on-demand transportation market include:

  • International Business Machines Corporation (IBM)
  • BMW Group
  • Daimler Group
  • Ford Motor Company
  • General Motor Company
  • Gett, Inc.
  • Robert Bosch GmbH.
  • NI Technologies Pvt. Ltd. (OLA)
  • Lyft Inc.
  • Grab
  • Careem
  • Uber Technologies Inc.
  • Taxify OÃœ
  • BlaBlaCar
  • Wingz Inc.
  • Curb Mobility

Market Segmentation:

Segments Covered in the Report

By Service Type

  • E-Hailing
  • Car Sharing
  • Car Rental
  • Station-Based Mobility

By Vehicle Type

  • Four-Wheeler
  • Micro Mobility

Regional Analysis:

The geographical analysis of the global on-demand transportation market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.

The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global on-demand transportation Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).

Key Questions Answered by the Report:

  • What will be the size of the global on-demand transportation market in 2030?
  • What is the expected CAGR for the on-demand transportation market between 2021 and 2030?
  • Which are the top players active in this global market?
  • What are the key drivers of this global market?
  • How will the market situation change in the coming years?
  • Which region held the highest market share in this global market?
  • What are the common business tactics adopted by players?
  • What is the growth outlook of the global on-demand transportation market?

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on On-Demand Transportation Market 

5.1. COVID-19 Landscape: On-Demand Transportation Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global On-Demand Transportation Market, By Service

8.1. On-Demand Transportation Market, by Service Type, 2021-2030

8.1.1. E-Hailing

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Car Sharing

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Car Rental

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. Station-Based Mobility

8.1.4.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global On-Demand Transportation Market, By Vehicle

9.1. On-Demand Transportation Market, by Vehicle, 2021-2030

9.1.1. Four-Wheeler

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Micro Mobility

9.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global On-Demand Transportation Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Service (2019-2030)

10.1.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.1.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.1.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Service (2019-2030)

10.2.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.2.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.2.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Service (2019-2030)

10.2.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Service (2019-2030)

10.2.6.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.3.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.3.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Service (2019-2030)

10.3.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Service (2019-2030)

10.3.6.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.4.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.4.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Service (2019-2030)

10.4.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Service (2019-2030)

10.4.6.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Service (2019-2030)

10.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.5.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.5.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

Chapter 11. Company Profiles

11.1. International Business Machines Corporation (IBM)

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. BMW Group

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Daimler Group

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Ford Motor Company

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. General Motor Company

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Gett, Inc.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Robert Bosch GmbH.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. NI Technologies Pvt. Ltd. (OLA)

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Lyft Inc.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Grab

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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