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(Transportation-News.com, July 14, 2017 ) Intense competition, rising costs and growing operating losses by the companies in the business are some of the factors impacting the market growth. One of the key challenges faced by ride-sharing companies since their entry has been attaining permission from city and state regulators to operate. Furthermore, a new challenge that could cripple their flourishing business is providing on-demand services. In near future, North American ride sharing market is expected to include superior interoperability among services, technology integration, and policy support. These developments also apply to other parts of the world, such as Europe particularly in the UK. Asia currently has more than half of the global population, and is lucrative market for players operating in the market owing to the increasing rate of smartphone adoption. Key players such as Uber have poured resources into Asia with diverse results. Besides, regional competitors from each market have capitalized their local know-how to stay forward in the race for home domination. In promising markets such as India and Southeast Asia there is an enormous increase in the number of users using at least one ride-sharing app.
For more information http://www.reportsweb.com/ride-sharing-global-market-outlook-2016-2022
Some of the key players in the market are Uber, Lyft, Didi, Ola, GrabTaxi, Yidao yongche, Sidecar, BlaBlaCar, Shenzhou Zhuanche and Hailo.
Service providers Covered: -Service operators -Matching agencies -Integrated services -Coordination services -Classified advertising services -Casual services
Solutions Covered: -Platform-based ride-sharing -Asset-based ride-sharing
Type of ride sharing Covered: -On-demand -Commute -Long-distance
Devices Covered: -GPS navigation devices -Smartphones
Services Covered: -Ride hailing service -Mobile Apps -Social Networking -Other services
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Regions Covered: -North America -US -Canada -Mexico -Europe -Germany -France -Italy -UK -Spain -Rest of Europe -Asia Pacific -Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World -Middle East -Brazil -Argentina -South Africa -Egypt
12 Company Profiling 12.1 Uber 12.2 Lyft 12.3 Didi 12.4 Ola 12.5 GrabTaxi 12.6 Yidao yongche 12.7 Sidecar 12.12 BlaBlaCar 12.9 Shenzhou Zhuanche 12.10 Hailo
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