Automation

  A study recently conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the   global ridesharing market  is projected to reach USD 85.1 billion by 2021 growing at a CAGR of 16.4 %  during the forecast period (2022-2028). The use of mobile apps or websites to provide users or passengers with access to vehicles or drivers for hire is known as ride-sharing. Ridesharing is beneficial for the environment and people in general as it involves more than one rider in the same vehicle. The demand for ride-sharing is growing globally because of increased mobile and internet penetration. In addition, the rising cost of vehicle ownership, combined with strict rules and regulations pertaining to the reduction of carbon dioxide is driving the demand for ride-sharing, globally. Furthermore, the industry is heavily influenced by the increasing demand for electric vehicles in ride-sharing services. Growth Drivers Increasing use of smartphon...

   A study recently conducted by the strategic consulting and market research firm  BlueWeave Consulting  revealed that the   ridesharing market  is projected to reach USD 26.35 Billion by 2027 growing at a CAGR of  15.54%  during the forecast period. The use of mobile apps or websites to provide users or passengers with access to vehicles or drivers for hire is known as ride-sharing. Ridesharing is beneficial for the environment and people in general as it involves more than one rider in the same vehicle. The demand for ride-sharing is growing globally because of increased mobile and internet penetration. In addition, the rising cost of vehicle ownership, combined with strict rules and regulations pertaining to the reduction of carbon dioxide is driving the demand for ride-sharing, globally.  Furthermore, the industry is heavily influenced by the increasing demand for electric vehicles in ride-sharing services.   Growth Drivers   ...