According to Data Bridge Market Research new Market report, global ride sharing market will account to an estimated USD 60.88 billion in 2018 growing at a CAGR of 19.75% during the forecast period of 2019 to 2026. 
Access Full Report at https://databridgemarketresearch.com/reports/global-ride-sharing-market Global Ride Sharing Market: Ride sharing is a modern technologically advanced facility that enables the users of these facilities to hail or hire a ride along with some other rider or driver for the purpose of transporting from one place to another. The facility is available through different platforms and applications over the internet and is significantly cost-effective rather than driving individually.
Segmentation: Global Ride Sharing Market
Global ride sharing market is segmented on the basis of type, service type, vehicle type, data service, distance and geography. By Type (P2P Car Sharing, Corporate Car Hailing), Service Type (E-Hailing, Car Rental, Car Sharing, Station-Based Mobility), Vehicle Type (CNG/LPG Vehicles, ICE Vehicles, EV, Micro-Mobility Vehicles), Data Service (Navigation, Information Service, Payment Service, Others), Distance (Long Distance, Short Distance) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa) FACTORS DRIVING GROWTH IN RIDE SHARING MARKET Innovative product launches and expansion strategy adopted by major manufacturers
- In October 2018, Volkswagen AG and Mobileye announced their intentions to launch a commercialised autonomous ride sharing services in Israel by 2019. In the partnership, Volkswagen will provide Mobileye with a fleet of electric vehicles and Mobileye will be responsible for the installation and maintenance of the self-driving technology.
- In September 2018, Aptiv announced the launch of a fleet consisting of 30 autonomous vehicles to be used in the Lyft Inc.’s business operations. This partnership will provide the riders’ option to avail the driver-less ride sharing service of the vehicles equipped with Aptiv’s autonomous driving system.
- In December 2017, DENSO CORPORATION announced that they had acquired a significant share in Ridecell Inc. With the help of this acquisition, DENSO has announced their intentions to invest into the ride-sharing business operations.
Key Market Competitors: Global Ride Sharing Market
Few of the major competitors currently working in the ride sharing market are ANI Technologies Pvt. Ltd., Uber Technologies Inc., Beijing Xiaoju Technology Co Ltd., Lyft Inc., Volkswagen AG, Gett, TomTom International BV., Grab, Aptiv, BlaBlaCar, DENSO CORPORATION, Waymo LLC, car2go NA LLC, Mobileye, Maxi Mobility S.L., Taxify OÜ, Ridecell Inc, GoGet Carshare, Careem and Easy Taxi Serviços LTDA. Browse Related Reports: Global Automotive Telematics Market By On-Highway Vehicle Services (ACN, Emergency Calling, Navigation & Infotainment, On-Road Assistance, Remote Diagnostics, Vehicle Tracking/Recovery), On-Highway Vehicle Form Factor (Embedded Telematics Solutions, Integrated Telematics Solutions, Tethered Telematics Solutions), Off-Highway Vehicle Services (Fuel Management, Location/Usage Tracking, Maintenance & Repair, Navigation, Diagnostics, Other Services), Off-Highway Vehicles Technology (Cellular Technology, Satellite Technology), Hardware (Infotainment Display Unit, Telematics Solutions Control Unit), Vehicle Type (Passenger Car, Commercial Vehicles), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 https://databridgemarketresearch.com/reports/global-automotive-telematics-market Global Automotive HMI Market, By Technology (Visual Interface, Acoustic Interface, Others), Product (Voice Control Systems, Central Displays, Instrument Clusters, Steering Mounted Controls, HUD, RSE, Multifunction Switches), Access Type (Standard HMI, Multimodal HMI), End-Market (Economic Passenger Cars, Mid-Price Passenger Cars, Luxury Passenger Cars), Function Type (Primary HMI, Secondary HMI), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026 https://databridgemarketresearch.com/reports/global-automotive-hmi-market Global Usage Based Insurance Market, By Package type (pay-as-you-drive (PAYD), pay-how-you-drive (PHYD), manage-how-you-drive (MHYD)), vehicle type (light-duty vehicle (LDV), heavy-duty vehicles (HDV)), Device offering (company provided, bring your own device (BYOD)), Technology (OBD-II, smartphone, embedded system, black box and others), Vehicle age (new vehicles, on-road vehicles), Electric and hybrid vehicle (hybrid electric vehicle (HEV), plug-in hybrid vehicle (PHEV), battery electric vehicle (BEV)), Geography (North America, Europe, Asia Pacific, South America, Middle East And Africa) – Industry Trends and Forecast to 2026 https://databridgemarketresearch.com/reports/global-usage-based-insurance-market
