North America Ride Hailing Service Market (2019-2025) | Size, Share, Growth, Analysis, Forecast, Trends, Value, Outlook & Segmentation

Latest 2023 Developments of the North America Ride Hailing Service Market

North America Ride Hailing Service Market developments include the unveiling of a new feature by Uber Technologies Inc. and Walgreens in April 2021 that would allow consumers to book vaccination appointments at a Walgreens location and also schedule their Uber ride to the vaccination appointment. In July 2020, Lyft launched The Lyft pass which enabled a means to allow organizations to cover the costs of rides for their people – from employees and essential workers to customers, guests, and patients – while prioritizing safety, convenience, and flexibility.

Mergers and Acquisitions:

• OLA acquired Pikup on 13 August 2019
• Uber acquired Transplace on 22 July 2021
• Uber acquired Autolab on 06 August 2020
• Lyft acquired Halo Cars on 21 Feb 2020
• Lyft acquired Flexdrive on 11 Feb 2020

North America Ride Hailing Service Market Synopsis

Increasing preference among office commuters for carpool services which would reduce traffic congestion and prevent environmental damage has driven the demand for Ride Hailing Services in the North America region. Moreover, boom in the tourism sector, technological innovations and encouraging government policies are some of the other factors which would further propel the growth of North America ride hailing service market. However, favourable government policies to promote electric vehicles may disrupt ride-hailing services market over the next five years.

According to 6Wresearch, North America Ride Hailing Service Market size is expected to grow during 2019-2025. The United States is the leading revenue-generating market in the North America region due to the growing demand for share transportation services market in the country. According to “The International Council on Clean Transportation” report 2018, about 20% of the urban residents of San Francisco New York, Chicago, Washington, Boston are making use of ride hailing apps with a severe competition to the local bus transportation system in the country.

Based on service types, the E-hailing segment is expected to be the largest contributor during the forecast period due to the user-friendly platform for the riders. Also, the price estimation by the app-related algorithms reduces the chance of being cheated

North America ride-hailing services market report thoroughly covers the market by its vehicle types, service types and countries including United States, Canada and Rest of North America. North America ride hailing services market outlook report provides an unbiased and detailed analysis of the North America ride hailing services market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their strategies according to the future and current market dynamics.

Key Highlights of the Report:

• North America Ride Hailing Services Market Overview
• North America Ride Hailing Services Market Outlook
• North America Ride Hailing Services Market Forecast
• Historical Data of North America Ride Hailing Services Revenues for the Period 2015-2018
• North America Ride Hailing Services Market Size and Forecast of Revenues, Until 2025
• Historical Data of North America Ride Hailing Services Market Revenues, By Vehicle Types, for the Period 2015-2018
• Market Size & Forecast of North America Ride Hailing Services Market Revenues, By Vehicle Types, until 2025
• Historical Data of North America Ride Hailing Services Market Revenues, By Service Types, for the Period 2015-2018
• Market Size & Forecast of North America Ride Hailing Services Market Revenues, By Service Types, until 2025
• Historical Data of United States Ride Hailing Services Market Revenues, for the Period 2015-2018
• Market Size & Forecast of United States Ride Hailing Services Market Revenues, until 2025
• Historical Data of Canada Ride Hailing Services Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Canada Ride Hailing Services Market Revenues, until 2025
• Historical Data of Rest of North America Ride Hailing Services Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Rest of North America Ride Hailing Services Market Revenues, until 2025
• Market Drivers and Restraints
• North America Ride Hailing Services Market Trends and Industry Life Cycle
• North America Ride Hailing Services Market Share, By Regions
• North America Ride Hailing Services Market Share, By Players
• North America Ride Hailing Services Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The North America Ride Hailing Services Market report provides a detailed analysis of the following market segments:

By Vehicle Types:

• Two-Wheeler
• Three-Wheeler
• Four-Wheeler
• Others

By Service Types:

• E-Hailing
• Car Sharing
• Rental

By Countries:

• United States
• Canada
• Rest of North America

North America Ride Hailing Service Market (2019-2025): FAQs