Global On Demand Transportation Market – Industry Analysis and Forecast (2018-2026)
Global On Demand Transportation Market was valued at US$ 74.29Bn in 2017 and is expected to reach US$ 315.83Bn by 2026, at a CAGR of 19.83% during a forecast period.
On Demand is the method of supplying services in direct response to customer requests. On-demand transport services, which apply this thinking to transportation means, are creating a major global business.
Major driving factors of the On-Demand Transportation market are increasing smartphone applications to carry passengers from designated pickup locations to desired destinations. Services are being supplied on a scale ranging from individuals to several persons at the most.
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On-Demand Transportation can be supplied that allow individuals to get where they want to go, when they want to get there, at prices cheaper than taking a taxi, there is the potential for dramatic changes in the trends of human mobility in cities. On-demand transportation interfaced into data systems, it have become possible to accumulate and analyze human mobility data. Data privacy security and public safety will act as restraints to the On-Demand Transportation market.
Based on the Vehicle Type, Four Wheeler segment is expected to hold the largest share in the On-Demand Transportation market during the forecast period. On-demand four wheeler are earning notice not only for their use in urban areas, but also as a potential means of resolving the current challenges in running public transportation systems in regional areas sorely impacted by depopulation. Four wheeler are also increasingly viewed as a feasible approach to lowering the burden on the natural environment. Development is being advanced on an on-demand transport system by Convenient & Smart Vehicle. On the strength of this technology, door-to-door on-demand transportation.
In terms of region, Asia Pacific is expected to hold the largest share in the On-Demand Transportation market during the forecast period. The Asia-Pacific region and serves as a mechanism for reporting on the provision of transport infrastructure and services; the challenges remaining in regional, urban and rural connectivity; and public health issues, such as road safety and emission pollutions. This acknowledges the increasing role of intelligent transport systems for urban and inter-city mobility and recognizes the role of rural accessibility as a key component of success in connecting production with consumption to end hunger and open for opportunity in On-Demand Transportation.
The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the On-Demand Transportation market. Moreover, the study also covers an On-Demand Transportation market attractiveness analysis, brand portfolio expansion, mergers, collaborations, joint ventures, acquisitions, PESTLE analysis, Value Chain Analysis, and SWOT analysis.
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Scope of the Report for On-Demand Transportation Market
Global On-Demand Transportation Market, By Service Type
• E-Hailing
• Car Rental
• Car Sharing
Global On-Demand Transportation Market, By Vehicle Type
• Four Wheeler
• Micro Mobility
Global On-Demand Transportation Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in On-Demand Transportation Market
• International Business Machines Corporation (IBM)
• BMW Group
• Daimler Group
• Ford Motor Company
• General Motor Company
• Gett, Inc
• Robert Bosch
• Uber Technologies Inc.
• Toyota Motor Corporation
• Avis Budget Group, Inc.
• DIDI Chuxing
• Taxify
• Ola
• Lyft
MAJOR TOC OF THE REPORT
Chapter One: On Demand Transportation Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global On Demand Transportation Market Competition, by Players
Chapter Four: Global On Demand Transportation Market Size by Regions
Chapter Five: North America On Demand Transportation Revenue by Countries
Chapter Six: Europe On Demand Transportation Revenue by Countries
Chapter Seven: Asia-Pacific On Demand Transportation Revenue by Countries
Chapter Eight: South America On Demand Transportation Revenue by Countries
Chapter Nine: Middle East and Africa Revenue On Demand Transportation by Countries
Chapter Ten: Global On Demand Transportation Market Segment by Type
Chapter Eleven: Global On Demand Transportation Market Segment by Application
Chapter Twelve: Global On Demand Transportation Market Size Forecast (2019-2026)
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