A Market Overview of Ride-Hailing Services
The global ride-hailing service market was worth $36,450.0 million in 2017 and is expected to reach $126,521.2 million by 2025, with a CAGR of 16.5 percent between 2018 and 2025. In 2017, North America contributed the most to the worldwide market, with a CAGR of 12.7 percent during the projection period. Passengers can use online services such as Grab, Lyft, Uber, and Ola to hail a vehicle. It provides door-to-door service,...