Middle East & Africa Ride Hailing Services Market Size & Outlook
Middle East & Africa ride hailing services market, 2017-2030 (US$M)
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MEA ride hailing services market highlights
- The MEA ride hailing services market generated a revenue of USD 1,677.9 million in 2021.
- The market is expected to grow at a CAGR of 15.8% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 1,677.9 million |
| Market revenue in 2030 | USD 6,306.5 million |
| Growth rate | 15.8% (CAGR from 2021 to 2030) |
| Largest segment | E-hailing |
| Fastest growing segment | Rental |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | E-hailing, Car Sharing, Rental |
| Key market players worldwide | Uber Technologies Inc, Lyft Inc Class A, Ebix Inc, Zoox, Wheely, ViaVan, Gett, Addison Lee |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.9% of the global ride hailing services market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 26,023.4 million by 2030.
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Ride Hailing Services Market Scope
Ride Hailing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 51.17% in 2021. Horizon Databook has segmented the Middle East & Africa 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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Target buyers of Middle East & Africa ride hailing services market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa ride hailing services market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ride hailing services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA ride hailing services market size, by country, 2017-2030 (US$M)
Middle East & Africa Ride Hailing Services Market Outlook Share, 2021 & 2030 (US$M)
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