The global Ride Sharing Market, estimated at USD 136.2 billion in 2025, is set to grow at a 17.2% CAGR, reaching USD 566.7 billion by 2034. Key growth drivers include rising demand for sustainable transportation, tech innovations in mobile apps and AI logistics, and corporate and dynamic ridesharing models. Key companies are investing in IoT and regional expansions, focusing on North America and Asia-Pacific markets. Understanding geopolitical changes is crucial for competitive strategies and leveraging market opportunities.
Dublin, June 20, 2025 (GLOBE NEWSWIRE) -- The "Ride Sharing Market Outlook 2025-2034" has been added to ResearchAndMarkets.com's offering.
The Ride Sharing Market, valued at USD 136.2 billion in 2025, is projected to grow at a robust CAGR of 17.2%, reaching USD 566.7 billion by 2034. This rapid growth illustrates the increasing adoption and reliance on ride-sharing services as consumers seek cost-effective and convenient transportation solutions.
The rice sharing market, a burgeoning sector within the global food distribution framework, is gaining momentum due to heightened concerns about food waste and sustainability. Rice sharing platforms and initiatives are aligning surplus rice producers with consumers and organizations needing resources. These platforms leverage digital tools and community networks to improve supply chain efficacy and bolster food security.
A shift towards sustainable consumption and circular food economies highlights rice sharing as a strategic approach to reduce post-harvest losses and bridge supply chain gaps. Spanning rural and urban environs, this market melds age-old sharing practices with high-tech innovations to guarantee transparency and traceability.
The year 2024 witnessed notable growth in rice sharing, driven by escalating food costs, climate-induced disruptions, and consumer shifts toward sustainable sourcing. Technological platforms extended their influence in Asia-Pacific and Africa, where rice is a staple with frequent production surpluses. Support from governments and nonprofit organizations further catalyzed market activities, addressing food insecurity and stabilizing economies.
Advancements like blockchain tracking and AI logistics have enhanced operations and user trust. Furthermore, educational initiatives have amplified awareness and participation amongst consumers, restaurants, and producers, marking a move from pilot projects to scalable, structured operations in major rice-producing areas.
Beyond 2025, the rice sharing market is set to become more entrenched within the agri-food value chain, with increased investment from agritech firms and food delivery platforms anticipated. AI and predictive analytics will be harnessed to synchronize rice supply with demand, streamline redistribution, and curb spoilage. Collaborative efforts among governments, cooperatives, and logistics operators are expected to strengthen rice flows across rural and urban, as well as cross-border sharing locales.
Consumer inclinations will continue tilting towards ethical consumption, spurring growth. Standardization and certification will enhance safety and credibility. As global food waste reduction pressures amplify, rice sharing is poised to rise as a key component in achieving food resilience objectives.
Ride Sharing Market Analytics
The research examines various factors impacting supply and demand in the Ride Sharing market. This includes analyses of the parent and derived markets, intermediaries, alternatives, and substitutes. Geopolitical and demographic analyses complement Porter's five forces evaluations to forecast market trends.
Recent transactions and developments inform potential future impacts. Metrics such as the Threat of New Entrants, Substitutes, Degree of Competition, Supplier Count, Distribution Channels, Entry Barriers, Government Regulations, and Cost of Substitutes are assessed for a comprehensive market outlook.
Trade and price analysis elucidate the international scenario, identifying top exporters, suppliers, importers, and customer information. This aids in strategic planning, vendor and client identification, and price trend understanding for exploring new sales channels. The research incorporates the latest developments like geopolitical tensions affecting the market.
Key Insights
Key Attributes:
Report Attribute | Details |
No. of Pages | 150 |
Forecast Period | 2025 - 2034 |
Estimated Market Value (USD) in 2025 | $136.2 Billion |
Forecasted Market Value (USD) by 2034 | $566.7 Billion |
Compound Annual Growth Rate | 17.1% |
Regions Covered | Global |
Companies Featured
Ride Sharing Market Segmentation
By Type
By Membership Type
By Target Audience
By Business Model
By Application
By Geography
For more information about this report visit https://www.researchandmarkets.com/r/3z4eu1
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