The IMARC Group provides extensive analysis of the on-demand transportation industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on the global on-demand transportation market size. The report also includes competitor and regional analysis, and contemporary advancements in the market.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
- Historical market data from 2016-2021
- CAGR of the market during the forecast period 2022-2027
- Detailed information on factors that will drive market growth during the next five years
- Precise estimation of the on-demand transportation market size and its contribution to the parent market
- Upcoming market trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on key players
- Comprehensive details of factors that will challenge the growth of smart meters market key players
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On-demand transportation services enable passengers to book their journey at a convenient time. They offer the option of pre-booking, modifying, or canceling reservations via mobile-based applications, which improves the accessibility and convenience for both commuters and service operators. On-demand transportation also helps in booking passenger and commercial vehicles, including contracted buses, party buses, taxis, cars, charter buses, hired buses, etc. It ensures enhanced security and safety by using intelligent communication systems. As such, on-demand transportation solutions are gaining immense traction across the globe.
On-demand Transportation Market Trends:
The growing sales of smartphones are among the primary factors driving the on-demand transportation market. In addition to this, the inflating traffic-related problems and the rising costs of fuel are also catalyzing the market growth. Furthermore, various developments in the information and technology infrastructures and the increasing need for cab and taxi services by individuals are acting as significant growth-inducing factors. Apart from this, the elevating usage of artificial intelligence (AI) technologies by on-demand transportation services to efficiently coordinate and manage transportation systems is also positively influencing the global market. Moreover, the escalating tourism activities, the expanding working-class population, and the emerging trend of road trips are anticipated to bolster the on-demand transportation market in the coming years.
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- ANI Technologies Pvt. Ltd
- Avis Budget Group Inc.
- Bayerische Motoren Werke AG
- Daimler AG
- Ford Motor Company
- Gett Inc.
- Grab Holdings Inc.
- International Business Machine Corporation
- Lyft Inc.
- Robert Bosch GmbH
- Toyota Motor Corporation
- Uber Technologies Inc.
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Breakup by Service Type:
- E-Hailing
- Car Sharing
- Car Rental
- Station-Based Mobility
Breakup by Vehicle Type:
- Four-Wheeler
- Micro Mobility
Breakup by Application:
- Passenger Transportation
- Goods Transportation
Breakup by Region:
- Middle East and Africa
- North America
- Asia-Pacific
- Europe
- Latin America
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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