On-Demand Transportation Market Scope
On-demand transportation refers to the transport facility at the request of customers. It offers physical transfer of people from one place to another and other services such as pre-booked buses and trucks for long distance travel. Of late, it has been observed that on-demand transportation service providers are managing their own fleet to maximize the profit. Further, growing online transportation market and IT services expected to dive the on-demand transportation market for the forecasted period
According to AMA, the Global On-Demand Transportation market is expected to see growth rate of 19.73%
Transportation-On Demand market is fragmented owing to the number of players present in the market. Some of the key players of the market are International Business Machines Corporation, Ford Motor Company, BMW Group, General Motor Company, Gett, Inc., Robert Bosch GmbH and Daimler Group. These players are facing strong competition from emerging players. For example, the Indian company OLA recently expressed an interest in escalating its operations in New Zealand and Australia Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global On-Demand Transportation market throughout the predicted period.
International Business Machines Corporation (United States), BMW Group (Germany), Daimler Group (Germany), Ford Motor Company (United States), General Motor Company (United States), Gett, Inc. (United States), Robert Bosch GmbH (Germany), Avis Budget Group, Inc. (United States), Toyota Motor Corporation (Japan), Uber Technologies Inc. (United States), Ola Inc. (India), Careem (Saudi Arabia) and City mapper (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Hailo Network Limited (United Kingdom) and Getaround (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global On-Demand Transportation market by Type (E-Hailing, Car Sharing, Car Rental and Station-Based Mobility), by Application (Public Transportation, Freight Transportation and Other) and Region with country level break-up.
On the basis of geography, the market of On-Demand Transportation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Growing Demand for Sharing Transportation Services Especially Among Corporate Commuters
- Increasing Demand Of On the Go Services Owing To Changing Lifestyle
- Growing Technology Engagement Such As Digitization and Smart Phone Penetration
- The growing focus on email marketing strategy to establish better engagement with customers
- Extensive Use of Public Transport in Emerging Countries
- Concerns Regarding Passenger Safety and Security
- Dependability on Internet Services
Key Target AudienceTransportation Services Providers, Networking and Communication Services Providers, Transportation Agencies, Transport Operators, Transport Infrastructure Planners, Public Transportation Departments, Professional Service Providers, Business Entities, Government Bodies and Others