| Product Code: ETC7769249 | Publication Date: Sep 2024 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Jordan ride-sharing market is experiencing significant growth due to increasing smartphone penetration and a growing preference for convenient transportation options. Companies like Careem and Uber dominate the market, offering services in major cities like Amman and Aqaba. The market has seen a shift towards more sustainable and efficient modes of transportation, with a focus on reducing traffic congestion and environmental impact. The competitive landscape is evolving with the entry of local players like Ayna and Jeeny, offering diverse services including carpooling, bike-sharing, and food delivery. Regulatory challenges and infrastructure development remain key factors influencing the market`s growth trajectory, as stakeholders work towards creating a more streamlined and customer-centric ride-sharing ecosystem in Jordan.
The Jordan ride-sharing market is experiencing significant growth, driven by factors such as increasing smartphone penetration, changing consumer preferences for convenient transportation options, and government initiatives to promote shared mobility services. With the entry of international players like Uber and Careem, the market has become highly competitive, leading to improved services and competitive pricing. Additionally, the rise of electric vehicles and the growing emphasis on sustainability present opportunities for ride-sharing companies to introduce eco-friendly transportation options. Partnerships with local businesses for seamless integration of services and expanding operations to underserved areas can also be key growth strategies in the Jordanian ride-sharing market. Overall, the market offers ample opportunities for innovation, expansion, and collaboration to cater to the evolving needs of consumers in Jordan.
In the Jordan ride-sharing market, challenges primarily revolve around regulatory issues, competition, and cultural factors. The regulations governing transportation services in Jordan are still evolving, leading to uncertainty and potential conflicts between ride-sharing companies and authorities. Competition among ride-sharing platforms is intense, with local and international players vying for market share, which can result in pricing wars and reduced profitability. Additionally, cultural norms and societal preferences in Jordan may impact the adoption of ride-sharing services, as some segments of the population may be hesitant to use these platforms due to privacy concerns or traditional modes of transportation. Overcoming these challenges will require ride-sharing companies to navigate regulatory complexities, differentiate themselves in a crowded market, and educate consumers on the benefits and safety measures of their services.
The Jordan ride-sharing market is primarily driven by factors such as increasing urbanization, rising smartphone penetration, and growing demand for convenient and cost-effective transportation options. As cities become more congested, people are looking for efficient ways to travel within urban areas, leading to a surge in demand for ride-sharing services. The widespread availability of smartphones and mobile apps has made it easier for consumers to book rides on-the-go, further fueling the growth of the market. Additionally, the competitive pricing and flexibility offered by ride-sharing services have made them a popular choice among commuters and travelers, driving the overall adoption of these services in Jordan. Overall, the convenience, affordability, and accessibility of ride-sharing platforms are key drivers propelling the growth of the market in Jordan.
The Jordanian government has implemented regulations governing the ride-sharing market to ensure passenger safety and fair competition. In 2017, the government introduced the Ride-Sharing Services Regulation, requiring drivers to obtain permits and undergo background checks. Additionally, a cap was placed on the age of vehicles used for ride-sharing services to ensure safety standards are met. The government also imposed a minimum fare to prevent price undercutting among service providers. These policies aim to regulate the market, protect consumers, and promote a level playing field among ride-sharing companies operating in Jordan. Compliance with these regulations is mandatory for all ride-sharing service providers to ensure the quality and safety of transportation services in the country.
The future outlook for the Jordan Ride Sharing Market appears promising, with continued growth anticipated in the coming years. Factors such as increasing smartphone penetration, growing urbanization, and a rising preference for convenient and cost-effective transportation options are driving the demand for ride-sharing services in the country. Additionally, the government`s efforts to improve infrastructure and regulations related to transportation services are likely to further support the market`s expansion. With more players entering the market and existing companies expanding their services, the competition is expected to intensify, leading to innovations and improvements in service quality. Overall, the Jordan Ride Sharing Market is poised for sustained growth, offering opportunities for both consumers seeking convenient mobility solutions and companies aiming to capitalize on the evolving transportation landscape.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Jordan Ride Sharing Market Overview |
3.1 Jordan Country Macro Economic Indicators |
3.2 Jordan Ride Sharing Market Revenues & Volume, 2021 & 2031F |
3.3 Jordan Ride Sharing Market - Industry Life Cycle |
3.4 Jordan Ride Sharing Market - Porter's Five Forces |
3.5 Jordan Ride Sharing Market Revenues & Volume Share, By Autonomy Level, 2021 & 2031F |
3.6 Jordan Ride Sharing Market Revenues & Volume Share, By Operating Body, 2021 & 2031F |
3.7 Jordan Ride Sharing Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
4 Jordan Ride Sharing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population density in Jordan leading to higher demand for transportation solutions. |
4.2.2 Growing smartphone penetration and internet connectivity, making it easier for users to access ride-sharing services. |
4.2.3 Government support and regulations promoting the growth of the ride-sharing market in Jordan. |
4.3 Market Restraints |
4.3.1 Regulatory challenges and changing government policies impacting the operations of ride-sharing companies. |
4.3.2 Competition from traditional taxi services and other ride-sharing platforms affecting market share and profitability. |
5 Jordan Ride Sharing Market Trends |
6 Jordan Ride Sharing Market, By Types |
6.1 Jordan Ride Sharing Market, By Autonomy Level |
6.1.1 Overview and Analysis |
6.1.2 Jordan Ride Sharing Market Revenues & Volume, By Autonomy Level, 2021- 2031F |
6.1.3 Jordan Ride Sharing Market Revenues & Volume, By Manual, 2021- 2031F |
6.1.4 Jordan Ride Sharing Market Revenues & Volume, By Autonomous, 2021- 2031F |
6.2 Jordan Ride Sharing Market, By Operating Body |
6.2.1 Overview and Analysis |
6.2.2 Jordan Ride Sharing Market Revenues & Volume, By Government, 2021- 2031F |
6.2.3 Jordan Ride Sharing Market Revenues & Volume, By Private, 2021- 2031F |
6.3 Jordan Ride Sharing Market, By Electric Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Jordan Ride Sharing Market Revenues & Volume, By Hybrid Electric Vehicle, 2021- 2031F |
6.3.3 Jordan Ride Sharing Market Revenues & Volume, By Plug-in Electric Vehicle, 2021- 2031F |
7 Jordan Ride Sharing Market Import-Export Trade Statistics |
7.1 Jordan Ride Sharing Market Export to Major Countries |
7.2 Jordan Ride Sharing Market Imports from Major Countries |
8 Jordan Ride Sharing Market Key Performance Indicators |
8.1 Customer retention rate: Measure of how well ride-sharing companies are able to retain customers and build loyalty. |
8.2 Average revenue per user (ARPU): Reflects the average revenue generated from each user, indicating the monetization potential of the market. |
8.3 Driver utilization rate: Tracks the efficiency of drivers in terms of time spent on rides versus idle time, impacting overall service quality and profitability. |
9 Jordan Ride Sharing Market - Opportunity Assessment |
9.1 Jordan Ride Sharing Market Opportunity Assessment, By Autonomy Level, 2021 & 2031F |
9.2 Jordan Ride Sharing Market Opportunity Assessment, By Operating Body, 2021 & 2031F |
9.3 Jordan Ride Sharing Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
10 Jordan Ride Sharing Market - Competitive Landscape |
10.1 Jordan Ride Sharing Market Revenue Share, By Companies, 2024 |
10.2 Jordan Ride Sharing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |