Ride Sharing Software Statistics 2024


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As the ride-sharing industry continues to revolutionize urban mobility, understanding the latest statistical trends in ride-sharing software for 2024 is vital for grasping the broader business landscape. The significance of these statistics lies in their ability to reveal the patterns and shifts that are shaping the future of transportation. By analyzing these figures, stakeholders can gain insights into market growth, user behavior, and technological advancements that are crucial for navigating the complexities of this dynamic field.

Key stakeholders, including ride-sharing companies, investors, policymakers, and urban planners, will find this data invaluable. For businesses and investors, these statistics provide a window into market opportunities and potential risks, guiding revenue projections and investment decisions. Policymakers and urban planners, on the other hand, can leverage this information to develop informed regulations and infrastructure projects that support sustainable urban mobility. The ripple effect of these statistics influences everything from fleet management to customer satisfaction, making them a cornerstone of strategic planning within the industry.

Ultimately, the data on ride-sharing software can significantly inform decision-making and strategy in this rapidly evolving sector. By delving into the numbers, stakeholders can craft strategies that not only meet current demand but also anticipate future trends and disruptions. As the ride-sharing landscape continues to shift, staying informed through robust statistical analysis is essential for maintaining a competitive edge and fostering innovation.

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Top Ride Sharing Software Statistics 2024

☰ Use “CTRL+F” to quickly find Ride Sharing Software facts. There are total 58 Ride Sharing Software Statistics on this page 🙂


Public Transport Systems

  • **86% of cities worldwide do not have published public transport systems data.** [?]
  • **India’s Transport4All initiative has engaged over 100 cities in gathering better data on their public transport systems.** [1]
  • **Merida achieved a 9% reduction in emissions per passenger through increased fleet efficiency.** [1]
  • **Jakarta regulators use digital monitoring to enforce a 200-kilometer daily cap on transit drivers.** [1]
  • **Rio de Janeiro improved user experience on nearly 3,900 buses between 2021 and 2022 with a digital system.** [1]
  • **Jakarta aims to fully electrify its fleet by 2030 with its current digital operations system.** [1]

Ride-sharing Market Growth And Statistics

  • **Lyft expanded from 60 cities in 2017 to 300 by 2017 but was outpaced by Uber’s international expansion.** [2]
  • **Lyft’s market share in the US grew from 22% to 33% from 2017 to 2018, but then settled at 29% by 2020.** [2]
  • **Lyft’s ride-hailing business declined by 36% during the COVID-19 pandemic, with 80% fewer rides in April 2020 compared to the previous year.** [2]
  • **Lyft’s peak quarterly revenue was in Q4 2019, which it has not surpassed since.** [2]
  • **Lyft sold its self-driving division to Toyota for $550 million in April 2021.** [2]
  • **Lyft generated $4.4 billion in revenue in 2023, with slower growth compared to previous years.** [2]
  • **Lyft reported a large reduction in net loss in 2023 but has never reported an annual net profit.** [2]
  • **Lyft’s average revenue per active rider was $54.66 in Q4 2023, a 5.3% decrease from the previous year.** [2]
  • **Lyft had 21.4 million active riders in 2023, slightly more than the previous year.** [2]
  • **Lyft operates in 644 US and 12 Canadian cities.** [2]
  • **Uber processed $68.9 billion in gross bookings from its ridesharing business in 2023.** [4]
  • **Uber had 149 million monthly active platform consumers as of March 2024, a 14.62% increase from the previous year.** [4]
  • **Uber’s gross mobility bookings amounted to $68.9 billion in 2023, showing a 30.82% year-over-year increase.** [4]
  • **In March 2024, Uber had a 76% market share of the US ride-hailing market.** [4]
  • **Uber’s market share peaked at 91% in 2015 but has declined since then.** [4]
  • **Uber had 44.1 million users in the US in 2024, up from 41.1 million in 2023.** [4]
  • **In Q1 2024, Uber had 7.1 million drivers and couriers on the platform, earning $16.6 billion during the quarter.** [4]
  • **Uber’s driver pool increased by 24.56% from 5.7 million in Q1 2023.** [4]

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Government And Infrastructure Initiatives

  • **The 2021 Infrastructure Investment and Jobs Act (IIJA) and the 2022 Inflation Reduction Act (IRA) represent historic investments in America’s infrastructure, nearing New Deal-era levels.** [3]
  • **Oregon, Utah, and Virginia are implementing live Road Usage Charging (RUC) programs.** [3]
  • **General Motors plans to become carbon-neutral by 2040 and introduce 30 new EV models by 2025.** [3]
  • **The US market reached a critical EV tipping point with EVs accounting for 5% of new car sales.** [3]
  • **The IIJA has allocated $15 billion for EVs and associated infrastructure, with over 80% going to grants for state and local governments.** [3]
  • **The IIJA allocates $7.5 billion for EV infrastructure programs and grants.** [3]
  • **The US Department of Energy and the Department of Transportation will distribute $5 billion in formula funds for EV infrastructure over the next five years.** [3]

Electric Vehicles And Charging Infrastructure

  • **The number of US public EV charging outlets has nearly doubled in recent years.** [3]
  • **32% of all public charging outlets in 2021 were in California.** [3]
  • **Level 1 chargers can take 40-50 hours to charge a fully electric vehicle.** [3]
  • **Level 2 chargers can charge an all-electric vehicle in 4-10 hours.** [3]
  • **The federal government owned 1,100 charging stations in March 2022 but would need 100,000 to meet fleet electrification goals.** [3]
  • **Dynamic electricity pricing could significantly impact fleet operational costs.** [3]

Economic And Social Impacts

  • **In 2019, American households spent an average of $10,742 on transportation, about 17% of total expenditures.** [3]
  • **California’s Clean Cars 4 All program provides up to $9,500 for EV purchases for low-income individuals.** [3]
  • **Oregon’s Clean Vehicle Rebate Program offers up to $5,000 in purchase rebates for low- and moderate-income individuals.** [3]
  • **About 78% of resident-owned homes in the US have a garage or carport, but only 37% of rented homes do.** [3]

Cybersecurity And Technology

  • **Transportation networks and systems are prime targets for cyberattacks due to their vital information and personal data.** [3]
  • **The White House issued an executive order in May 2021 to strengthen critical information systems and networks against cyber threats.** [3]
  • **The Cybersecurity and Infrastructure Security Agency (CISA) recommends implementing a cybersecurity framework created by the National Institute of Standards and Technology.** [3]
  • **Connected and autonomous vehicles are more vulnerable to data manipulation by malicious actors.** [3]
  • **Georgia’s connected vehicle pilot program collects, processes, and shares real-time data from vehicles and surrounding infrastructure.** [3]

Environmental And Climate Initiatives

  • **Transportation agencies are moving toward more data-driven approaches to investment with billions in IIJA funding for climate-resilient infrastructure.** [3]
  • **SMART grants include funding for innovative technologies such as coordinated automation and smart traffic signals.** [3]
  • **The state of Washington launched its Cooperative Automated Transportation (CAT) policy framework in December 2020.** [3]
  • **Chicago’s Array of Things (AoT) project uses sensor boxes to measure various urban conditions and publish the data openly.** [3]

Ride-sharing Market Projections

  • **The global ride-sharing market size was valued at $47.62 billion in 2024 and is expected to reach $86.99 billion by 2029, growing at a CAGR of 12.81%.** [5]
  • **Southeast Asia has seen a dramatic increase in the ride-sharing market in the last 2-3 years.** [5]
  • **The COVID-19 pandemic shifted customer attention away from ride-hailing services to car rental and ownership.** [5]
  • **In 2024, the Europe region accounts for the largest market share in the Global Ride-sharing Market.** [5]
  • **The market is expected to register a CAGR of ~19.20% over the next ten years.** [6]
  • **The e-hailing segment dominated the market growth in 2021 and is projected to be the fastest-growing segment through 2024-2030.** [6]
  • **North America’s ride-sharing market was valued at USD 20.6 billion in 2021 and is expected to exhibit a 43.20% CAGR during the study period.** [6]
  • **Europe’s ride-sharing market is expected to grow significantly due to collaborations between the government and service providers.** [6]

Also Read

Sources

  1. itdp – https://itdp.org/2024/03/01/what-digitalization-means-for-transport/
  2. businessofapps – https://www.businessofapps.com/data/lyft-statistics/
  3. deloitte – https://www2.deloitte.com/us/en/insights/industry/public-sector/transportation-trends.html
  4. backlinko – https://backlinko.com/uber-users
  5. mordorintelligence – https://www.mordorintelligence.com/industry-reports/ridesharing-market
  6. marketresearchfuture – https://www.marketresearchfuture.com/reports/ride-sharing-market-7444

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