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Dublin, October 13, 2021 (GLOBE NEWSWIRE) – The “On-demand transportation market size, market share, application analysis, regional outlook, growth trends, key players, competitive strategies and forecast, 2021 to 2029” report was added to ResearchAndMarkets.com offer.
The global on-demand transport market is expected to grow with a CAGR of 16.30% during the forecast period 2021 to 2029. The on-demand transport market is expected to experience tremendous growth in the near future due to the increase in smartphones and the Internet. penetration. Due to the increased traffic problems, insufficient parking spaces and an increase in the use of taxi / taxi sharing services are stimulating the market. Market players introduce new expansion strategies such as new product launches and mergers and acquisitions to gain market share. For example, in 2018, General Motors acquired an autonomous car services startup Cruise and launched a Maven carsharing platform. Considering these factors, we expect strong growth in the on-demand transportation market.
Passenger cars remain the market leader
Passenger cars hold the highest market share in the on-demand transportation industry with over 50% of market revenue, as of 2020. Traditionally, taxis have been among the most common modes of public transportation. used. With the digitization of the same service, people can book their taxis online much more easily, thus promoting the penetration of on-demand transport. In addition, market players offer several modes of taxi services including sharing, long distance and monthly passes for a wide range of vehicles. The passenger car segment will therefore remain the market leader in on-demand transport.
Asia-Pacific will become the market leader during the forecast period
In 2020, North America led the market with over 30% market share, followed by Asia-Pacific. Due to the increase in internet penetration in the Asia-Pacific region, we expect a boom in the on-demand transport market in the Asia-Pacific region. In addition, the growing use of smartphones and the internet, coupled with easy availability of transport via apps, is likely to boost the Asia-Pacific market. Due to increasing urban population and increasing traffic congestion, Asia-Pacific is expected to grow at a rapid pace.
Some of the major players operating in the on-demand transportation market include Uber Technologies Inc., Lyft, Inc., ANI Technologies Pvt. Ltd. (OLA), Grab Holdings Inc., Wingz, Inc, Careem Inc., Comuto SA (BlaBlaCar), Bolt (formerly taxify), Gett, Inc., Beijing Xiaoju Technology Co, Ltd. (Didi Chuxing), Curb Mobility, Cabify, Europcar Mobility Group, The Hertz Corporation, Avis Budget Group, Inc., Bayerische Motoren Werke AG (BMW), Daimler AG, Transdev, General Motors Company, Ford Motor Company, Robert Bosch GmbH, Hyundai Motor Company, Enterprise Holdings, Inc., Meru Cabs, Jugnoo, Zoomcar, Revv car, Myles and others.
Key questions answered in this report
- What was the size of the on-demand transportation market in 2020 and forecast to 2029?
- What is the largest regional market for on-demand transport?
- What are the main trends in on-demand transport as a whole in different regions?
- What are the main market trends and high growth opportunities seen in the on-demand transportation market?
- What are the drivers of the on-demand transport market?
- Who are the major on-demand transport companies dominating the market?
- What are the key strategies adopted by the leading on-demand transportation companies in the market?
Unique data points in this report
- Statistics on on-demand transport around the world
- Recent trends in different regions in terms of adoption of on-demand transport
- Notable developments underway in the on-demand transport industry
- Attractive investment proposition for the on-demand transport segment as well as for geography
- Comparative scenario for all segments for the years 2020 (actual) and 2029 (forecast)
Main topics covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
3.1 Presentation
3.1.1 Global ODT Market Value, 2019-2029, (USD Million)
3.2 Market drivers
3.3 Market Growth Inhibitors
3.3.1 Impact analysis of drivers and constraints
3.4 Key market trends
3.5 Attractive investment vehicle category, by geography, 2020
3.6 Competitive analysis
3.6.1 Market Vehicle Ranking of Major ODT Suppliers, 2020
3.6.2 Key strategies adopted by the main actors
Chapter 4 Global On-Demand Transportation (ODT) Market Analysis, By Vehicle Category, 2019-2029 (USD Million)
4.1 Overview
4.2 Passenger cars
4.3 Commercial vehicles
4.4 Micro-mobility
Chapter 5 Global On-Demand Transportation (ODT) Market Analysis, By Service Type, 2019-2029 (USD Million)
5.1 Overview
5.2 Electronic call
5.3 Car rental
5.4 Carpooling
5.5 Bus sharing
Chapter 6 North America On-Demand Transportation (ODT) Market Analysis, 2019-2029 (Million US $)
6.1 Overview
6.2 North America ODT Market Analysis, by Vehicle Category, 2019-2029
6.2.1 Market analysis
6.3 North America ODT Market Analysis, by Service Type, 2019-2029
6.3.1 Market analysis
6.4 North America ODT Market Analysis, by Region / Country, 2019-2029
6.4.1 United States
6.4.1.1 US ODT Market Value, by Vehicle Category, 2019 – 2029 (USD Million)
6.4.1.2 US ODT Market Value, by Service Type, 2019 – 2029 (USD Million)
6.4.2 Rest of North America
6.4.2.1 Rest of North America ODT Market Value, by Vehicle Category, 2019-2029 (USD Million)
6.4.2.2 Rest of North America ODT Market Value, by Service Type, 2019-2029 (USD Million)
Chapter 7 Europe On-Demand Transportation (ODT) Market Analysis, 2019-2029 (Million USD)
7.1 Overview
7.2 Europe ODT Market Analysis, by Vehicle Class, 2019-2029
7.2.1 Market analysis
7.3 Europe ODT Market Analysis, by Service Type, 2019-2029
7.3.1 Market analysis
7.4 Europe ODT Market Analysis, by Region / Country, 2019-2029
7.4.1 United Kingdom
7.4.1.1 UK ODT Market Value, by Vehicle Category, 2019 – 2029 (USD Million)
7.4.1.2 UK ODT Market Value, by Service Type, 2019-2029 (USD Million)
7.4.2 Germany
7.4.2.1 Germany ODT Market Value by Vehicle Category, 2019-2029 (USD Million)
7.4.2.2 Germany ODT Market Value by Service Type, 2019-2029 (USD Million)
7.4.3 France
7.4.3.1 Market value of ODT in France, by vehicle category, 2019 – 2029 (millions of US dollars)
7.4.3.2 Market value of ODT in France, by type of service, 2019 – 2029 (in millions of US dollars)
7.4.4 Rest of Europe
7.4.4.1 ODT Market Value in Rest of Europe, by Vehicle Category, 2019 – 2029 (USD Million)
7.4.4.2 ODT Market Value in Rest of Europe, by Service Type, 2019 – 2029 (USD Million)
Chapter 8 Asia-Pacific (ODT) On-Demand Transportation Market Analysis, 2019-2029 (USD Million)
8.1 Overview
8.2 Asia-Pacific ODT Market Analysis, by Vehicle Category, 2019-2029
8.2.1 Market analysis
8.3 Asia-Pacific ODT Market Analysis, by Service Type, 2019-2029
8.3.1 Market analysis
8.4 Asia-Pacific ODT Market Analysis, by Region / Country, 2019-2029
8.4.1 China
8.4.1.1 China ODT Market Value by Vehicle Category, 2019-2029 (USD Million)
8.4.1.2 China ODT Market Value, by Service Type, 2019-2029 (USD Million)
8.4.2 Japan
8.4.2.1 Japan ODT Market Value, by Vehicle Category, 2019-2029 (USD Million)
8.4.2.2 ODT Market Value in Japan, by Service Type, 2019 – 2029 (USD Million)
8.4.3 India
8.4.3.1 India ODT Market Value, by Vehicle Category, 2019-2029 (Million USD)
8.4.3.2 ODT Market Value in India, by Service Type, 2019 – 2029 (USD Million)
8.4.4 Rest of Asia-Pacific
8.4.4.1 Rest of Asia-Pacific ODT Market Value, by Vehicle Category, 2019-2029 (USD Million)
8.4.4.2 Rest of Asia-Pacific ODT Market Value, by Service Type, 2019-2029 (USD Million)
Chapter 9 Rest of the World (RoW) On-Demand Transportation (ODT) Market Analysis, 2019-2029 (Million US $)
9.1 Overview
9.2 ODT RoW Market Analysis, by Vehicle Class, 2019-2029
9.2.1 Market analysis
9.3 RoW ODT Market Analysis, by Service Type, 2019-2029
9.3.1 Market analysis
9.4 ODT RoW Market Analysis, by Region / Country, 2019-2029
9.4.1 Middle East and Africa (MEA)
9.4.1.1 MEA ODT Market Value, by Vehicle Category, 2019 – 2029 (USD Million)
9.4.1.2 ODT MEA Market Value, by Service Type, 2019 – 2029 (USD Million)
9.4.2 Latin America
9.4.2.1 Latin America ODT Market Value, by Vehicle Category, 2019-2029 (USD Million)
9.4.2.2 Latin America ODT Market Value, by Service Type, 2019-2029 (USD Million)
Chapter 10 Company Profiles
10.1 Uber Technologies Inc.,
10.2 Lyft inc.
10.3 ANI Technologies Pvt. Ltd. (OLA)
10.4 Enter Holdings Inc
10.5 Wingz, Inc
10.6 Careem Inc.
10.7 Comuto SA (BlaBlaCar)
10.8 Bolt (Formerly tax)
10.9 Gett, Inc.
10.10 Beijing Xiaoju Technology Co, Ltd. (Didi Chuxing)
10.11 Edge mobility
10.12 Cabify
10.13 Europcar Mobility Group
10.14 The Hertz company
10:15 a.m. Avis Budget Group, Inc
10.16 Bayerische Motoren Werke AG (BMW)
10.17 Daimler AG
10.18 Transdev
10.19 General Motors Company
10.20 Ford Motor Company
10.21 Robert Bosch GmbH
10.22 Hyundai Motor Company
10.23 Enterprise Holdings, Inc.
10.24 Meru cabins
10.25 Jugnoo
10.26 Car Zoom
10.27 Revv car
10.28 Myles
For more information on this report, visit https://www.researchandmarkets.com/r/b7tww4
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