{"id":88821,"date":"2026-10-28T00:25:00","date_gmt":"2026-10-28T00:25:00","guid":{"rendered":"https:\/\/english.saigonbiz.com\/vn\/?p=88821"},"modified":"2026-10-28T01:58:31","modified_gmt":"2026-10-28T01:58:31","slug":"ride-hailing-market-forecast-usd-593-8-billion-by-2032-driven-by-digital-booking-growth-reports-mordor-intelligence","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/ride-hailing-market-forecast-usd-593-8-billion-by-2032-driven-by-digital-booking-growth-reports-mordor-intelligence\/","title":{"rendered":"Ride-Hailing Market Forecast: USD 593.8 Billion by 2032 Driven by Digital Booking Growth, Reports Mordor Intelligence"},"content":{"rendered":"<p><em>The ride-hailing market is expanding as consumers increasingly prefer convenient, on-demand transportation services. App-based booking platforms are improving access to rides through digital payments, real-time tracking, and flexible travel options. Growing urban populations and demand for shared mobility are supporting market expansion.<\/em><\/p>\n<p align=\"left\" style=\"padding-left:0px;\">Hyderabad, India, Oct.  27, 2026  (GLOBE NEWSWIRE) &#8212; According to the latest report by Mordor Intelligence, the\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pE4h9Jafj6b3HunFTv3gW_biwFNpXgJjrLUtlGsOuJn4rD_49onESJmH-1KLfV8xpTycr71KRZuc_LLy0vz6VLouIbCw5EghSRjbrWx4Ru6ytZ5trh8Wxag940CdCvO_T6qaOq8Ve0HAsQaStffrNOkmgKMRJfi5I4yhbl7yDCEOMjCNkelnKoye3I13JutokfoeVF1ZimnjreT5LFWFsg==\" rel=\"nofollow\" target=\"_blank\" title=\"ride-hailing market size\">ride-hailing market size<\/a> is projected to grow from <b>USD <\/b><b>303<\/b><b>.<\/b><b>7<\/b><b> billion in 202<\/b><b>7<\/b><b> to USD 593.8 billion by 2032, registering a CAGR of 14.35% from 2027 to 2032.<\/b> Rising urban populations, increasing smartphone penetration, and growing preference for convenient, app-based transportation are supporting market expansion. Digital booking platforms are improving access to on-demand mobility, while subscription programs and flexible ride options encourage repeat usage. At the same time, operators must address local licensing rules, accessibility requirements, data privacy, and fleet availability to maintain service quality and meet evolving passenger needs. These factors are shaping competition as ride-hailing providers seek to expand their reach and strengthen their position in urban transportation.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Ride-Hailing<\/b><b>\u00a0Market Trends and Drivers<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Increasing Smartphone Adoption and Broadband Connectivity:<\/b>\u00a0Wider access to smartphones and reliable internet connectivity is making app-based ride-hailing services more accessible. Growing digital adoption in markets such as India and Argentina allows more consumers to book rides online, while improved connectivity supports digital dispatch, real-time tracking, and seamless communication between drivers and passengers.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Increasing Urbanization and Traffic Congestion:\u00a0<\/b>Growing urban populations and worsening traffic congestion are increasing the need for convenient transportation options. Ride-hailing services connect passengers with nearby drivers, helping people travel without the stress of driving through busy streets. Dense urban areas also allow operators to serve more ride requests within smaller geographic zones, supporting market demand.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><i>\u201cRide-hailing market decisions depend on understanding demand patterns, competitive positioning, and regional differences. Mordor Intelligence applies a consistent research framework to assess these factors, providing <\/i><i>decision-makers<\/i><i> with a transparent, comparable basis for evaluating market opportunities and business risks.\u201d\u00a0<\/i><b><i>says Phani Kumar, Senior Research Manager, Mordor Intelligence<\/i><\/b><b><i>.\u00a0<\/i><\/b><b><i>\u00a0<\/i><\/b><i>\u00a0<\/i> \u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Ride-Hailing\u00a0<\/b><b>Market <\/b><b>Share by Region<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>South America <\/b>is emerging as a key growth market for ride-hailing, supported by strong demand and platform expansion in countries such as Brazil. Companies are also entering new markets through taxi-booking services, local partnerships, and flexible ride options. Across Europe, Asia, and the Middle East, operators are adapting their services to local regulations, vehicle eligibility rules, and changing transportation needs to expand their reach and improve service accessibility.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Asia-Pacific<\/b> remains a major hub for ride-hailing, supported by strong demand for app-based transportation and established digital platforms. Companies such as DiDi are expanding their services across multiple mobility options, including ride-hailing, chauffeur services, and online taxi bookings. Higher trip volumes are helping platforms strengthen transaction activity and make better use of their existing dispatch networks.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Ride-Hailing<\/b><b> Industry Segmentation<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>By Vehicle Type<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Two-Wheelers\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Three-Wheelers\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Passenger Cars\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Vans and MPVs\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Buses and Shuttles\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px;\"><b>By Propulsion Type<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>ICE\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Hybrid\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Battery-Electric\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>CNG \/ LPG\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px;\"><b>By Service Type<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>E-Hailing\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Car-Sharing (Peer-to-Peer)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Robo-Taxi\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Subscription-Based Ride Packages\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px;\"><b>By Booking Channel<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>App-Based\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Voice \/ Phone\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px;\"><b>By End-User<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Personal\u00a0<\/li>\n<li>Corporate \/ Institutional\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights:\u00a0<\/b><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KCRwyz_-Kv50YzxEkY7UCBS3vyhJFLR4bOjUQAOmZQIvgen8HUcumEuGOuy-F9dzVdfLcn_CbC_eQsG3S4_h5wgwxeyjv66OWshHX_DVOMpbwc5hDVUv30Rjvym7i_Kp3rQi-n0C-TSdvSM7pLsAo3kl9VZ3nLynzV4HpkuJLst620nO4KNtCQNKLFGPjyWJxNxeHOTfXsgl-urcdrYZa8z23PNn3MuisIg5nqlHYz24fSCCuxaJcFBN7BTQLFQ0BsYu1TyfEPRH8EtThu3FsuLnuoFGBzzkFb56-xHcVU5xJ24Rln3nBag2ev_Sn0cx\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>https:\/\/www.mordorintelligence.com\/ja\/industry-reports\/ride-hailing-market?utm_source=globenewswire<\/b><\/a>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Ride-Hailing<\/b><b> Companies<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Uber Technologies Inc.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>DiDi Global Inc.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Lyft Inc.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Grab Holdings Inc.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Bolt Technology OU\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>ANI Technologies Pvt Ltd (Ola)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>GoTo Group (Gojek)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Maxi Mobility SL (Cabify)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>SUOL Innovations Ltd (inDrive)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Gett Group\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>BlaBlaCar\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Xanh SM (GSM)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Waymo LLC\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Cruise LLC\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Via Transportation Inc.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Yandex Go\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Careem Networks FZ-LLC\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Curb Mobility LLC\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Addison Lee Group\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Kakao Mobility Corp.\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Industry Related Reports by Mordor Intelligence<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Yw1oHShd8dY0_ercsmCP_L2cCMlRqdoca-REsqPs_stBwuTl62ovpuSaOPrY7hKvsJE6TngQ3ke3Ne9EBh3O_0K4xd-bD9tEiXNAIaU2s2cp7q5Ko3r0CWl90BxbfwksR1ECypFkGwFQWor-Geef3n8eRoAkNp3FYo5Ht5HMQ0LMG_niG7Mq1j-bD2EEkcF5xbveQEVArxC939JiLWS3rQ==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>Amphibious ATV Market Size:<\/b><\/a><b>\u00a0<\/b>The Amphibious ATV Market is projected to grow from USD 3.72 billion in 2025 to USD 5.69 billion by 2030, registering a CAGR of 8.87% during the forecast period. The market\u2019s growth is driven by increasing demand for all-terrain vehicles in recreational activities, rising use in agriculture and utility operations, growing adoption in military and rescue missions, and the need for versatile vehicles capable of operating across land and water.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Electric SUV Market Share:<\/b><b>\u00a0<\/b>The Electric SUV Market is projected to grow from USD 361.35 billion in 2025 to USD 596.81 billion by 2030, registering a CAGR of 10.56% during the forecast period. The market\u2019s growth is driven by increasing consumer preference for electric SUVs, rising demand for low-emission vehicles, supportive government policies, expanding charging infrastructure, and advancements in battery technology that improve driving range and vehicle performance.\u00a0<\/p>\n<p><b>Get More information:\u00a0<\/b><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KCRwyz_-Kv50YzxEkY7UCBS3vyhJFLR4bOjUQAOmZQKoGbtgEyAkc886eQ7n7lZaAyWXQ0Tq9PsjgE5o3nkzFZ9N9W7gy2bPIFAkbD-uzgB_VszVN1jkaj91KQiJFMk0QJc58MymQgpkPJj0OlM8yIIx5M7TE8Cm8X6yMIDJhQa1g6oKZ2ntjatuEYReH05x6l-YOQxaz9dWYNkAafbMjznfPpR-m1rawKiSr_w0LJjC3BPRmaP7BBdFhJyjNVJKa-WRZtRr3SDncS7doUCWKZEF0a5i85ObdpeT9N6vHyc=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>https:\/\/www.mordorintelligence.com\/industry-reports\/electric-suv-market?utm_source=globenewswire<\/b><\/a>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Br1UhXaVvMgoVoDZR38WfhLbYsycjifMxXfBadEVBjGpkpeCOOOi7xbFiZ08MbS-1LtITUmcx8yldMETdd7jf7n5M6WGd2O2i3UGRLSW8mUQqprvf0mLZA_4WV4VhV6B47ylVkZCEdbWz_fodLzSSdn6DcJOZMOb8Fv64DoxkOW-9WVntmJJ3mz2g0E6A0sluWRP2Z-EC2DA1aAqdexGvw==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>Used Truck Market Trends:<\/b><\/a><b>\u00a0<\/b>The Used Truck Market is projected to grow from USD 55.38 billion in 2026 to USD 70.74 billion by 2031, registering a CAGR of 5.02% during the forecast period. The market\u2019s growth is driven by increasing demand for cost-effective commercial transportation, rising logistics and freight activities, growing preference for pre-owned trucks among fleet operators, and the need for affordable vehicle solutions across various industries.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>About Mordor Intelligence<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\">Mordor Intelligence is a global market intelligence firm, founded in 2014, helping businesses make informed decisions through data-driven insights, industry expertise, and advanced analytics. With 550+ domain experts and on-ground specialists across 150+ countries, the company delivers comprehensive intelligence across aerospace &amp; defense, agriculture, automation, automotive, chemicals &amp; materials, consumer goods &amp; services, electronics, energy &amp; power, financial services, food &amp; beverages, healthcare, hospitality &amp; tourism, information &amp; communications technology, and logistics.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\">Its offerings include <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hB4nyK27zt_PbTJ05YNpKaxQZJfO8SyFRTvI_2N3KLPxR4KP1afBHx71v05eO9Wsmj9JuteC2hzBwTGZ_knREAG5yLXVgr0UpcKpKoxx--v9cctl1qDc9MXNL2vujKK8BVmHg0irV08VbRlLyOyZt0c6E3hQ6_YVDlikvCDJP5ggq_-ufN5_jhEGZOViDqvu\" rel=\"nofollow\" target=\"_blank\" title=\"syndicated industry reports\">syndicated industry reports<\/a>, custom research and advisory, and subscription platforms such as <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uYOJUZhwQ01TsYWrJYhQvLLqD5A-lAhR8VNJJaSRg31qlUe1e4JyEd_U7KRXxIjELMejs_hlW-iF9NW7KfEvrLqN5i-LjtVvH7ewx0u8pzgTOci29w2I5mlgK4Jr2WvBI55Bu3A1kqCRR7a3Tst_E-GMpB7Ptw-yKHIm0HHlDEvSAXrNp3TdUfgBXcD_m1m0pIo599MJky2qQFRoyHRBjw==\" rel=\"nofollow\" target=\"_blank\" title=\"Data Center Intelligence\">Data Center Intelligence<\/a>. Mordor Intelligence is ISO 9001:2015 and ISO\/IEC 27001:2022 certified, a member of ESOMAR and the Market Research Society of India, and a four-time Great Place to Work\u00ae honoree. Learn more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gl2tY4cORrELXSnh_KXTMsJkJzVmRt0cQ1KlJ1vFs1eUdJQvD25qNQrF_mjWG58rsDCAlnfcNYMSN8DVmYbQsUhKyqhq04SE6YDUX7Iyvq90HiCzx9qAMhrfvisNN-t0YprEYGGmGsf8JomrZkQdbQ==\" rel=\"nofollow\" target=\"_blank\" title=\"mordorintelligence.com\">mordorintelligence.com<\/a>\u00a0\u00a0<\/p>\n<pre>CONTACT: For any inquiries, please contact:\nmedia@mordorintelligence.com\nhttps:\/\/www.mordorintelligence.com\/contact-us<\/pre>\n<p><img alt=\"\" src='https:\/\/ml.globenewswire.com\/media\/YzVmMjM4MTctMzljNi00ZGEyLWE0ZGYtM2I1M2JkMTNkNDEzLTEyNjMzNjAtMjAyNi0xMC0yOC1lbg==\/tiny\/Mordor-Intelligence-Private-Li.png' referrerpolicy='no-referrer-when-downgrade' \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ride-hailing market is expanding as consumers increasingly prefer convenient, on-demand transportation services. App-based booking platforms are improving access to rides through digital payments, real-time tracking, and flexible travel options. Growing urban populations and demand for shared mobility are supporting market expansion. Hyderabad, India, Oct. 27, 2026 (GLOBE NEWSWIRE) &#8212; According to the latest report [&#8230;]\n","protected":false},"author":1,"featured_media":88822,"comment_status":"open","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-88821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globe-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ride-Hailing Market Forecast: USD 593.8 Billion by 2032 Driven by Digital Booking Growth, Reports Mordor Intelligence - Biz and Live in Saigon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.saigonbiz.com\/vn\/ride-hailing-market-forecast-usd-593-8-billion-by-2032-driven-by-digital-booking-growth-reports-mordor-intelligence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ride-Hailing Market Forecast: USD 593.8 Billion by 2032 Driven by Digital Booking Growth, Reports Mordor Intelligence\" \/>\n<meta property=\"og:description\" content=\"The ride-hailing market is expanding as consumers increasingly prefer convenient, on-demand transportation services. 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