April 16, 2024

On-Demand Transportation Market Size to Worth Around US$ 701.1 Bn by 2030

[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global on-demand transportation market was valued at around USD 143.55 billion in 2021 and is expected to register revenues worth USD 701.1 billion by the end of 2030, growing at an exceptional CAGR of approximately 19.25% between 2022 and 2030.

On-Demand Transportation

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On-Demand Transportation Market Growth Factors:

On-Demand transportation allows passengers to plan their trip at a convenient time (during service operating hours) and be picked up at an agreed-upon location. On-demand transportation is becoming more popular around the world. E-hailing, automobile sharing, car renting, and station-based mobility are providing a productive environment for the transportation business to develop.

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
On-Demand Transportation Market Report Scope
Report HighlightsDetails
Market Size in 2030USD 701.1 Billion
Growth RateCAGR of 19.25% from 2021 to 2030
Largest MarketAsia Pacific
Fastest Growing MarketNorth America
Base Year2021
Forecast Period2021 to 2030
Segments CoveredService Type, Vehicle Type, Region
On-Demand Transportation Market 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.

Competition Landscape

The report has engulfed a chapter on the global electric vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering electric vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

Read Also@ Cold Chain Market to Witness Significant Growth by 2030

some of the prominent players in the 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 OÜ
  • BlaBlaCar
  • Wingz Inc.
  • Curb Mobility
On-Demand Transportation Market Segments

By Service Type

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

By Vehicle Type

  • Four-Wheeler
  • Micro Mobility

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global on-demand transportation market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the on-demand transportation market.

The report includes country-wise and region-wise market size for the period 2019-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2019-2030.

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.

Table of Contents

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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