India Ride Hailing Services Market Size & Outlook

The ride hailing services market in India is expected to reach a projected revenue of US$ 6,219.6 million by 2030. A compound annual growth rate of 17.3% is expected of India ride hailing services market from 2022 to 2030.
Revenue, 2021 (US$M)
$1,481.8
Forecast, 2030 (US$M)
$6,219.6
CAGR, 2022 - 2030
17.3%
Report Coverage
India

India ride hailing services market highlights

  • The India ride hailing services market generated a revenue of USD 1,481.8 million in 2021 and is expected to reach USD 6,219.6 million by 2030.
  • The India market is expected to grow at a CAGR of 17.3% from 2022 to 2030.
  • In terms of segment, e-hailing was the largest revenue generating offering in 2021.
  • Rental is the most lucrative offering segment registering the fastest growth during the forecast period.


Ride hailing services market data book summary

Market revenue in 2021USD 1,481.8 million
Market revenue in 2030USD 6,219.6 million
Growth rate17.3% (CAGR from 2021 to 2030)
Largest segmentE-hailing
Fastest growing segmentRental
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationE-hailing, Car Sharing, Rental
Key market players worldwideUber Technologies Inc, Lyft Inc Class A, Ebix Inc, Zoox, Wheely, ViaVan, Gett, Addison Lee


Other key industry trends

  • In terms of revenue, India accounted for 5.2% of the global ride hailing services market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China ride hailing services market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,219.6 million by 2030.

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Ride Hailing Services Market Scope

Ride Hailing Services Market Companies

Name Profile # Employees HQ Website

India ride hailing services market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ride hailing services market will help companies and investors design strategic landscapes.


E-hailing was the largest segment with a revenue share of 57.95% in 2021. Horizon Databook has segmented the India ride hailing services market based on e-hailing, car sharing, rental covering the revenue growth of each sub-segment from 2017 to 2030.


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  • Our clientele includes a mix of ride hailing services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India ride hailing services market , including forecasts for subscribers. This country databook contains high-level insights into India ride hailing services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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India ride hailing services market size, by offering, 2017-2030 (US$M)

India Ride Hailing Services Market Outlook Share, 2021 & 2030 (US$M)

India ride hailing services market size, by offering, 2017-2030 (US$M)

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