Product Code: GVR-2-68038-097-2
On-demand Transportation Market Growth & Trends:
The global on-demand transportation market size is expected to reach USD 473.0 million by 2030, registering a CAGR of 20.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rising penetration of smartphones and connected vehicles is increasing the adoption of on-demand transportation services such as e-hailing, car sharing, car rental, and station-based mobility. These services enable users to pre-book, modify, or cancel their taxi reservations via mobile applications such as Uber and Gett.
Advancements in IT infrastructure and growing usage of car sharing services by millennials are anticipated to drive the adoption of on-demand transportation services in Europe. Asia Pacific is estimated to witness considerable growth over the forecast period, owing to increased traffic and fuel prices. Government initiatives, such as the Smart Mobility 2030 plan of the Land Transport Authority of Singapore, are also likely to bolster the market growth.
Among different on-demand transportation services, car rental was anticipated to be the largest segment in terms of market share in 2017. However, demand for other services such as e-hailing and car sharing are anticipated to witness a substantial rise over the forecast period. Market participants are engaging in different business expansion strategies such as product launches and partnerships to gain market share. For instance, in September 2018, BMW and Daimler announced their collaboration for starting combined car sharing service in Germany.
The trend of micro-mobility sharing such as two-wheeler, e-bike, and e-scooter sharing is growing rapidly in developing countries such as China and India. Several new companies are entering the on-demand transportation market by providing smartphone-based car booking services. However, global players such as BMW Group, Daimler AG, Uber Technologies, and OLA dominate the market.
The ban on DIDI Chuxing by the Chinese government in September 2018 for alleged passenger murders has increased concerns among customers over ride sharing. Similar cases have been filed on Uber drivers for misbehaving and mistreating users in the past. Moreover, issues regarding poor connectivity and high costs of developing infrastructure may further hamper the growth of the market. Therefore, service providers are focusing on developing car-sharing applications, which do not require internet connectivity for accessing them.
On-demand Transportation Market Report Highlights:
- The four wheeler segment dominated the market with a revenue share of 89.3% in 2024, primarily due to its widespread acceptance and versatility. This segment's appeal lies in its ability to offer a comfortable and secure travel experience, accommodating various passenger needs, from families to business professionals.
- The e-hailing segment is expected to grow at the highest CAGR over the forecast period as more consumers embrace app-based ride services for convenience and accessibility.
- The micro mobility segment is projected to grow at the highest CAGR during the forecast period, as urban areas face increasing traffic congestion and environmental concerns.
- The V2V segment dominated the market with the highest revenue share in 2024 due to advancements in technology that enhance safety and efficiency on the roads.
- The North America on-demand transportation market dominated the market with a revenue share of 35.2% in 2024, due to its advanced technological infrastructure and high consumer adoption rates.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. On-Demand Transportation Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Industry Analysis Tools
- 3.3.1. PORTER's Analysis
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
Chapter 4. On-Demand Transportation Market: Type Estimates & Trend Analysis
- 4.1. On-Demand Transportation Market, By Type: Key Takeaways
- 4.2. Type Movement Analysis & Market Share, 2024 & 2030
- 4.3. Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Million)
- 4.3.1. Four Wheeler
- 4.3.1.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.2. Micro Mobility
- 4.3.2.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. On-Demand Transportation Market: Service Estimates & Trend Analysis
- 5.1. On-Demand Transportation Market, By Service: Key Takeaways
- 5.2. Service Movement Analysis & Market Share, 2024 & 2030
- 5.3. Market Estimates & Forecasts, By Service, 2018 - 2030 (USD Million)
- 5.3.1. E-Hailing
- 5.3.1.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.2. Car Sharing
- 5.3.2.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.3. Car Rental
- 5.3.3.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.4. Station-based Mobility
- 5.3.4.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. On-Demand Transportation Market: Connectivity Estimates & Trend Analysis
- 6.1. On-Demand Transportation Market, By Connectivity, Key Takeaways
- 6.2. Connectivity Movement Analysis & Market Share, 2024 & 2030
- 6.3. Market Estimates & Forecasts, By Connectivity, 2018 - 2030 (USD Million)
- 6.3.1. V2V
- 6.3.1.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. V2I
- 6.3.2.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. V2P
- 6.3.3.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. V2N
- 6.3.4.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. On-Demand Transportation Market: Regional Estimates & Trend Analysis
- 7.1. On-Demand Transportation Market: Regional Outlook
- 7.2. Regional Marketplaces: Key Takeaways
- 7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
- 7.4. North America
- 7.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. U.S.
- 7.4.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Canada
- 7.4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. Mexico
- 7.4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Europe
- 7.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. U.K.
- 7.5.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Germany
- 7.5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.4. France
- 7.5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Asia Pacific
- 7.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. China
- 7.6.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. Japan
- 7.6.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. India
- 7.6.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.5. Australia
- 7.6.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.6. South Korea
- 7.6.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7. Latin America
- 7.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.2. Brazil
- 7.7.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8. Middle East and Africa
- 7.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8.2. UAE
- 7.8.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8.3. KSA
- 7.8.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8.4. South Africa
- 7.8.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Uber Technologies, Inc.
- 8.4.1.1. Company Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Portfolio
- 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. Lyft, Inc.
- 8.4.2.1. Company Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Portfolio
- 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. Ola Electric Mobility Pvt Ltd.
- 8.4.3.1. Company Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Portfolio
- 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. Grab
- 8.4.4.1. Company Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Portfolio
- 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. Beijing Xiaoju Technology Co, Ltd.
- 8.4.5.1. Company Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Portfolio
- 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. Bolt Technology OU
- 8.4.6.1. Company Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Portfolio
- 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. Gojek Tech
- 8.4.7.1. Company Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Portfolio
- 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. FREE NOW GmbH
- 8.4.8.1. Company Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Portfolio
- 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Maxi Mobility SL
- 8.4.9.1. Company Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Portfolio
- 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. Gett
- 8.4.10.1. Company Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Portfolio
- 8.4.10.4. Recent Developments/ Strategic Initiatives
- 8.4.11. Schneider Electric SE
- 8.4.11.1. Company Overview
- 8.4.11.2. Financial Performance
- 8.4.11.3. Product Portfolio
- 8.4.11.4. Recent Developments/ Strategic Initiatives
- 8.4.12. Siemens AG
- 8.4.12.1. Company Overview
- 8.4.12.2. Financial Performance
- 8.4.12.3. Product Portfolio
- 8.4.12.4. Recent Developments/ Strategic Initiatives
- 8.4.13. Sterling & Wilson Pvt Ltd
- 8.4.13.1. Company Overview
- 8.4.13.2. Financial Performance
- 8.4.13.3. Product Portfolio
- 8.4.13.4. Recent Developments/ Strategic Initiatives
- 8.4.14. Toshiba Corporation
- 8.4.14.1. Company Overview
- 8.4.14.2. Financial Performance
- 8.4.14.3. Product Portfolio
- 8.4.14.4. Recent Developments/ Strategic Initiatives
- 8.4.15. Vertiv Holdings Co.
- 8.4.15.1. Company Overview
- 8.4.15.2. Financial Performance
- 8.4.15.3. Product Portfolio
- 8.4.15.4. Recent Developments/ Strategic Initiatives