Ride Sharing Market Projected To Register A CAGR Of 7.5% For The Forecast Period From 2019 To 2025: Grand View Research Inc.
San Francisco, 18 March 2019: The Report Ride Sharing Market Size, Share & Trends Analysis Report By Business Model (P2P, B2B, B2C), By Commute Type (Corporate, Short Distance), By Application, By Region, And Segment Forecasts, 2019 – 2025 The global Ride Sharing Market size is projected to reach USD 11.94 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 7.5% during the forecast period. Increasing awareness in regular commuters regarding environmental deterioration due to vehicle emission is expected to drive the growth. The unprecedented expansions of cities and towns and the inherent traffic congestion issues are anticipated to play a crucial role in driving the market for ride sharing in the forthcoming years. Growth in international trade and globalization has facilitated development of many major and minor economies all over the world. This economical and industrial growth has directly impacted the demog