Europe Ride Hailing Service Market (2019-2025) | Share, Analysis, Size, Revenue, Trends, Growth, Forecast, Industry, Outlook, Value & Segmentation

Latest 2023 Developments of the Europe Ride Hailing Service Market 

Europe Ride Hailing Service Market developments include OLA expanding its services in Europe and will be fully operational with three categories: Comfort, Comfort XL and Exec ride classes. Ride-sharing was also introduced to attract regular office workers. The market players are also working to eliminate tailpipe emissions and reduce overall vehicle carbon dioxide emissions by converting gasoline vehicles to electric.

Mergers and Acquisitions:

• OLA acquired Pikup on 13 August 2019
• Uber acquired Transplace on 22 July 2021
• Uber acquired Autolab on 06 August 2020

Europe Ride Hailing Service Market Synopsis

Rising preference amongst the people for car-sharing services which would reduce traffic congestion, increase awareness regarding environmental protection, and technological innovation and encourage government policies are the factors escalating the Europe ride-hailing service market. Moreover, the service providers are introducing various plans and offers such as rides at discounted rates, adding meal delivery options, etc. to attract more users to ride-hailing services.

According to 6Wresearch, Europe Ride Hailing Service Market size is expected to grow at a significant rate during 2019-2025. France is the leading country in the ride hailing services in the region owing to the various initiatives by the service providers to gain riders in the region. However, the Germany market is expected to gain high growth in the ride hailing market over the next six years due to the changes in the government's legal policies. Germany government has planned to scrap the rule of returning to a headquarters after every drop-off, which would result in more service players entering the Germany market resulting in surge in market revenues.

Further, Volkswagen and BMW have entered into a partnership with ride-hailing service provider “DriveNow” which aimed to deploy driverless fleets by 2025 and to expand its shuttle services to a large number of European cities to boost ride-hailing services and electrical mobility. E-hailing segment is expected to maintain its dominance during the forecast period owing to the growing acceptance among tourist customers in the region.

Europe ride hailing services market report thoroughly covers the market by its vehicle types, service types and countries including Germany, France, Italy, the United Kingdom and the rest of Europe. Europe ride hailing services market outlook report provides an unbiased and detailed analysis of the Europe ride hailing services market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their strategies according to the future and current market dynamics.

Key Highlights of the Report:

• Europe Ride Hailing Services Market Overview
• Europe Ride Hailing Services Market Outlook
• Europe Ride Hailing Services Market Forecast
• Historical Data of Europe Ride Hailing Services Revenues for the Period 2015-2018
• Europe Ride Hailing Services Market Size and Forecast of Revenues, Until 2025
• Historical Data of Europe Ride Hailing Services Market Revenues, By Vehicle Types, for the Period 2015-2018
• Market Size & Forecast of Europe Ride Hailing Services Market Revenues, By Vehicle Types, until 2025
• Historical Data of Europe Ride Hailing Services Market Revenues, By Service Types, for the Period 2015-2018
• Market Size & Forecast of Europe Ride Hailing Services Market Revenues, By Service Types, until 2025
• Historical Data of Germany Ride Hailing Services Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Germany Ride Hailing Services Market Revenues, until 2025
• Historical Data of France Ride Hailing Services Market Revenues, for the Period 2015-2018
• Market Size & Forecast of France Ride Hailing Services Market Revenues, until 2025
• Historical Data of Italy Ride Hailing Services Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Italy Ride Hailing Services Market Revenues, until 2025
• Historical Data of the United Kingdom Ride Hailing Services Market Revenues, for the Period 2015-2018
• Market Size & Forecast of United Kingdom Ride Hailing Services Market Revenues, until 2025
• Historical Data of Rest of Europe Ride Hailing Services Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Rest of Europe Ride Hailing Services Market Revenues, until 2025
• Market Drivers and Restraints
• Europe Ride Hailing Services Market Trends and Industry Life Cycle
• Europe Ride Hailing Services Market Share, By Regions
• Europe Ride Hailing Services Market Share, By Players
• Europe Ride Hailing Services Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Europe Ride Hailing Services Market report provides a detailed analysis of the following market segments:

By Vehicle Types:

• Two-Wheeler
• Three-Wheeler
• Four-Wheeler
• Others

By Service Types:

• E-Hailing
• Car Sharing
• Rental

By Countries:

• Germany
• France
• Italy
• United Kingdom
• Rest of Europe