On-Demand Transportation Global Market Report 2022 | Industry, Trends

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The On-Demand Transportation Global Market Report 2021-31 by The Business Research Company describes and explains the global on-demand transportation market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The On-Demand Transportation Global Market Report 2022 covers on-demand transportation market drivers, on-demand transportation market trends, on-demand transportation market segments, on-demand transportation market growth rate, on-demand transportation market major players, and on-demand transportation market size.

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The on-demand transportation market report provides in-depth analysis of the impact of COVID-19 on the global on-demand transportation industry along with revised market numbers due to the effects of the coronavirus and the expected on-demand transportation market growth numbers for 2022-2031.

The global on-demand transportation market size is expected to grow from $109.71 billion in 2021 to $132.60 billion in 2022 at a compound annual growth rate (CAGR) of 20.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The on-demand transportation market is expected to grow to $282.65 billion in 2026 at a CAGR of 22.8%.

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On-Demand Transportation Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

TBRC’s report covers the on-demand transportation market segments-
1) By Type: Ride-Sharing, Vehicle Rental/Leasing, Ride Sourcing
2) By Vehicle: Four-Wheeler, Micro Mobility
3) By Application: Passenger Transportation, Goods Transportation

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