[Latest] Global Ride Hailing Services Market Size/Share Worth USD 295.06 Billion by 2035 at a 19.47% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Ride Hailing Services Market size & share revenue was valued at approximately USD 49.67 Billion in 2025 and is expected to reach USD 59.34 Billion in 2026 and is expected to reach around USD 295.06 Billion by 2035, at a CAGR of 19.47% between 2026 and 2035. The key market players listed in the report with their sales, revenues and strategies are Uber Technologies Inc., Via Transportation Inc., Wheely, Gett, Addison Lee Limited, BlaBlaCar, Ola Electric Mobility Pvt. Ltd., Rapido Transportation and others.
Austin, TX, USA, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Ride Hailing Services Market Size, Trends and Insights By Offering (e-Hailing, Car Sharing, Car Rental), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2026 – 2035” in its research database.
According to the latest research study, the global Ride Hailing Services Market was valued at approximately USD 49.67 billion in 2025, is expected to reach USD 59.34 billion in 2026, and is projected to reach around USD 295.06 billion by 2035, with a compound annual growth rate (CAGR) of about 19.47% during the forecast period from 2026 to 2035.
Click Here to Access a Free Sample Report of the Global Ride Hailing Services Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=80308
Ride Hailing Services Market Revenue and Trends
The ride hailing services market is expanding due to rising urbanization, which does create the demand for substitutes to private cars, particularly with the traffic issues. Additionally, the use of smartphones for digital payments is fundamental, as AI optimizes data pooling and routes. Moreover, upfront pricing, app-based booking, and options of shared rides draw a greater number of users. Integrating EVs also addresses sustainability, whereas AVs do promise cost reduction and constructive disruption. The key competitive tactics include mergers, partnerships, acquisitions, and novel models (such as driver subscriptions).
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What are the Factors that have a Significant Contribution to the Growth of the Ride Hailing Services Market?
Ride hailing services are reported to be beneficial not only to the commuters across the globe but also significantly reduce the usage of unnecessary vehicles for travelling. They, in turn, do reduce emissions as well. The additional options that ride hailing service providers have come up with include extra options like driver reviews, e-transactions, location sharing and tracking, and the other value-based rides like car rental facilities and micromobility. Such services and techniques have refurbished the passenger travelling experience, thereby raising the demand for ride hailing services.
The market players are also going for greener initiatives for lowering vehicular emission by increasingly opting for electric vehicles. As per the International Council on Clean Transportation (ICCT), DiDi is dominating the cutting-edge revolution pertaining to eco-friendly measures, acquiring over 250,000 EVs, which surpasses 1% of the overall convoy of vehicles. The players following suit include Ola, Lyft, Grab, and Uber.
(A free sample of the Ride Hailing Services report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- The updated report for 2026 includes an introduction, an overview, and an in-depth industry analysis.
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2026
- Includes Tables and figures that have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Ride Hailing Services report has been modified to include the COVID-19 impact study prior to delivery.)
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Segment Insight
By Offering
The ride hailing services market is dominated by the e-hailing sector owing to smart wearables and smartphones increasingly being used all across. The preference for app-based travel stems from the increasing affordability of internet services. Users can easily book a ride with a few taps on their smartphones, thereby doing away with the need to wait on the roadside for a taxi. The driver’s whereabouts could also be tracked in real time prior to the beginning of the ride, which, in turn, provides security and trust. Integrating with cards and digital wallets does simplify transactions.
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Key questions answered in this report:
- What is the size of the Ride Hailing Services market, and what is its expected growth rate?
- What are the primary driving factors that push the Ride Hailing Services market forward?
- What are the Ride Hailing Services Industry's top companies?
- What are the different categories that the Ride Hailing Services Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Ride Hailing Services market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2026−2035
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Regional Insights
North America leads the ride hailing services market (36.32% of the overall share) owing to increased adoption of smartphones/digital payments and the presence of players such as Lyft and Uber all across the region. The other factors driving dominance include conducive regulations coupled with consumers shifting toward app-based, convenient, and shared mobility solutions. This combination of urban density, tech infrastructure, and regulatory adaptability is cementing the leadership of North America in the ride-hailing services market.
The Asia Pacific is all set to witness the fastest CAGR of 20.23% in the ride hailing services market during the forecast period owing to an upsurge in the middle-class population, exponential urbanization, and higher penetration of smartphones, thereby calling for app-based, convenient door-to-door transport in densely populated cities such as Jakarta, Beijing, and Delhi. The economic development of the region is fueling the demand for a higher level of mobility. Also, ride-hailing platforms do fill these gaps created by aging infrastructure.
Report Scope
| Feature of the Report | Details |
| Market Size in 2026 | USD 59.34 Billion |
| Projected Market Size in 2035 | USD 295.06 Billion |
| Market Size in 2025 | USD 49.67 Billion |
| CAGR Growth Rate | 19.47% CAGR |
| Base Year | 2025 |
| Forecast Period | 2026-2035 |
| Key Segment | By Offering and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
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Recent Developments
- May 2025: Uber Technologies (UBER) inked a deal with Poni AI, an autonomous vehicle maker based in China, with the objective of getting the latter’s robotaxis to the former’s platform.
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List of the prominent players in the Ride Hailing Services Market:
- Uber Technologies Inc.
- Via Transportation Inc.
- Wheely
- Gett
- Addison Lee Limited
- BlaBlaCar
- Ola Electric Mobility Pvt. Ltd.
- Rapido Transportation
- Others
The Ride Hailing Services Market is segmented as follows:
By Offering
- e-Hailing
- Car Sharing
- Car Rental
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Click Here to Get a Free Sample Report of the Global Ride Hailing Services Market @ https://www.custommarketinsights.com/report/ride-hailing-services-market/
This Ride Hailing Services Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Ride Hailing Services Market? What are the company profiles, product information, and contact details for these key players?
- What Was the Global Market Status of the Ride Hailing Services Market? What Was the Capacity, Production Value, Cost, and PROFIT of the Ride Hailing Services Market?
- What Is the Current Market Status of the Ride Hailing Services Industry? What's the market's competition in this industry, both company-wise and country-wise? What is the market analysis of ride-hailing services, considering their applications and types?
- What Are Projections of the Global Ride Hailing Services Industry Considering Capacity, Production, and Production Value? What Will Be the estimate of Cost and Profit? What Will Be Market Share, Supply, and Consumption? What about imports and exports?
- What is an analysis of the market chain for ride hailing services, including upstream raw materials and downstream industries?
- What is the economic impact on the Ride Hailing Services industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are the Market Dynamics of the Ride Hailing Services Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Ride Hailing Services Industry?
Click Here to Access a Free Sample Report of the Global Ride Hailing Services Market @ https://www.custommarketinsights.com/report/ride-hailing-services-market/
Reasons to Purchase Ride Hailing Services Market Report
- Ride Hailing Services Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Ride Hailing Services The Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Ride Hailing Services Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprise a company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- Recent developments, including growth opportunities and drivers, as well as challenges and restraints in both emerging and developed regions, shape the industry's current and future market outlook.
- Ride Hailing Services Market: Includes in-depth market analysis from various perspectives through Porter's five forces analysis and offers an overview of the market through the value chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Ride Hailing Services market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established leaders drive market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Ride Hailing Services market analysis.
- The report covers the competitive environment of current and potential participants in the Ride Hailing Services market, along with their strategic product development ambitions.
- This study conducts a qualitative and quantitative analysis of the Ride Hailing Services market based on the component, application, and industry vertical. Additionally, the report provides comparable data for the key regions.
- The report provides actual market sizes and forecasts for each segment mentioned above.
Who should buy this report?
- Participants and stakeholders in the worldwide Ride Hailing Services market should find this report useful. The research will be useful to all market participants in the Ride Hailing Services industry.
- Managers in the Ride Hailing Services sector are interested in publishing up-to-date and projected data about the worldwide Ride Hailing Services market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Ride Hailing Services' products' market trends.
- Analysts, researchers, educators, strategy managers, and government organizations seek market insights to develop plans.
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