South America Ride Hailing Market Size, Share & Ride Hailing Market Forecast 2023

Report Description

South America ride hailing market stood at $ 1.1 billion in 2017 and is projected to grow at a CAGR of 11.5% to reach $ 2.1 billion by 2023, owing to growing urbanization and rising internet penetration across the region. Moreover, rising concerns regarding air pollution levels, development of autonomous and semi-autonomous vehicles, and increasing number of collaborations between domestic and international service providers are expected to fuel demand for ride hailing services across the region. Some of the other factors that would have a positive impact on the market are rising population and shifting trend from traditional taxis to ride hailing services in the region.

Years considered for this report:

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019-2023

Objective of the Study:

To analyze and forecast the South America ride hailing market.
To classify and forecast the South America ride hailing market based on vehicle type, service type, internet connectivity, vehicle connectivity and regional distribution.
To identify drivers and challenges for the South America ride hailing market.
To identify and analyze the profile of leading players operating in the South America ride hailing market.

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Some of the major players operating in the South America ride hailing market are Uber Technologies Inc., Lyft Inc., Didi Chuxing, BMW AG, Aptiv PLC, Robert Bosch GmbH, IBM Corporation, Gett Inc., ANI Technologies Private Limited, and TomTom International, among others.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of ride hailing players operating across the region. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. TechSci Research analyzed product offerings and presence of all major ride hailing service providers across the region.

TechSci Research calculated the South America ride hailing market size using a bottom-up technique, wherein service providers’ sales data for different applications, was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective service providers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as Organisation Internationale des Constructeurs d’Automobiles (OICA), company websites, company annual reports, white papers, investor presentations and financial reports were also analyzed by TechSci Research.

Key Target Audience:

Ride hailing service providers and other stakeholders
Automotive OEMs
Transportation network companies
Associations, organizations, forums and alliances related to ride hailing
Government bodies such as regulating authorities and policy makers
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as ride hailing service providers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, South America ride hailing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by Vehicle Type:

Passenger Car
Micro Mobility Vehicles

Market, by Internet Connectivity:

4G
3G
5G
Wi-Fi
Others

Market, by Service Type:

E-Hailing
Car Sharing
Station based Mobility

Market, By Vehicle Connectivity:

V2V
V2I
V2P
Others

Market, By Country:

Brazil
Argentina
Rest of South America

Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in the South America ride hailing market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Analyst View

4. South America Ride Hailing Market Outlook

4.1. Market Size & Forecast

4.1.1.By Value

4.2. Market Share & Forecast

4.2.1.By Vehicle Type (Passenger Car Vs. Micro Mobility Vehicles)

4.2.2.By Internet Connectivity (3G, 4G, Wi-Fi, and 5G)

4.2.3.By Service Type (E-hailing, Car Sharing, and Station Based Mobility)

4.2.4.By Vehicle Connectivity (V2P, V2I, V2V, and Others)

4.2.5.By Country

4.3. Market Attractiveness Index (By Vehicle Type)

4.4. Market Attractiveness Index (By Internet Connectivity)

4.5. Market Attractiveness Index (By Service Type)

4.6. Market Attractiveness Index (By Vehicle Connectivity)

4.7. Market Attractiveness Index (By Country)

4.8. South America Ride Hailing Market Country Analysis

4.8.1. Brazil Ride Hailing Market Outlook

4.8.1.1. Market Size & Forecast

4.8.1.1.1. By Value

4.8.1.2. Market Share & Forecast

4.8.1.2.1. By Vehicle Type

4.8.1.2.2. By Internet Connectivity

4.8.1.2.3. By Service Type

4.8.1.2.4. By Vehicle Connectivity

4.8.1.3. Market Attractiveness Index (By Vehicle Type)

4.8.2. Argentina Ride Hailing Market Outlook

4.8.2.1. Market Size & Forecast

4.8.2.1.1. By Value

4.8.2.2. Market Share & Forecast

4.8.2.2.1. By Vehicle Type

4.8.2.2.2. By Internet Connectivity

4.8.2.2.3. By Service Type

4.8.2.2.4. By Vehicle Connectivity

4.8.2.3. Market Attractiveness Index (By Vehicle Type)

5. Market Dynamics

5.1. Drivers

5.2. Challenges

6. Market Trends & Developments

7. Competitive Landscape

7.1. Uber Technologies Inc.

7.2. Lyft Inc.

7.3. Didi Chuxing

7.4. BMW AG

7.5. Aptiv PLC

7.6. Robert Bosch GmbH

7.7. IBM Corporation

7.8. Gett Inc.

7.9. ANI Technologies Private Limited

7.10. TomTom International

8. Strategic Recommendations

Figures and Tables

List of Figures

Figure 1: South America Ride Hailing Market Size, By Value (USD Billion), 2017-2023F

Figure 2: South America Smartphone User Base (Million Units), 2013-2017

Figure 3: South America Ride Hailing Market Share, By Vehicle Type, By Value, 2017-2023F

Figure 4: South America Two-wheeler Sales (Thousand Units), 2013-2017

Figure 5: South America Passenger Car Sales (Thousand Units), 2013-2017

Figure 6: South America Ride Hailing Market Share, By Internet Connectivity, By Value, 2017-2023F

Figure 7: South America Internet User Base (Million Units), 2013-2017

Figure 8: South America Internet User Penetration (% of Population), 2013-2017

Figure 9: South America Ride Hailing Market Share, By Service Type, By Value, 2017-2023F

Figure 10: South America Ride Hailing Market Share, By Vehicle Connectivity, By Value, 2017-2023F

Figure 11: South America Ride Hailing Market Share, By Country, By Value, 2017 & 2023F

Figure 12: South America Ride Hailing Market Share, By Country, By Value, 2017-2023F

Figure 13: South America Ride Hailing Market Attractiveness Index, By Vehicle Type, By Value, 2017-2023F

Figure 14: South America Ride Hailing Market Attractiveness Index, By Internet Connectivity, By Value, 2017-2023F

Figure 15: South America Ride Hailing Market Attractiveness Index, By Service Type, By Value, 2017-2023F

Figure 16: South America Ride Hailing Market Attractiveness Index, By Vehicle Connectivity, By Value, 2017-2023F

Figure 17: South America Ride Hailing Market Attractiveness Index, By Country, By Value, 2017-2023F

Figure 18: Brazil Ride Hailing Market Size, By Value (USD Billion), 2017-2023F

Figure 19: Brazil Smartphone User Base (Million Units), 2013-2017

Figure 20: Brazil Ride Hailing Market Share, By Vehicle Type, By Value, 2017-2023F

Figure 21: Brazil Two-wheeler Sales (Thousand Units), 2013-2017

Figure 22: Brazil Passenger Car Sales (Thousand Units), 2013-2017

Figure 23: Brazil Ride Hailing Market Share, By Internet Connectivity, By Value, 2017-2023F

Figure 24: Brazil Internet User Base (Million Units), 2013-2017

Figure 25: Brazil Internet User Penetration (% of Population), 2013-2017

Figure 26: Brazil Ride Hailing Market Share, By Service Type, By Value, 2017-2023F

Figure 27: Brazil Ride Hailing Market Share, By Vehicle Connectivity, By Value, 2017-2023F

Figure 28: Brazil Ride Hailing Market Attractiveness Index, By Vehicle Type, By Value, 2017-2023F

Figure 29: Argentina Ride Hailing Market Size, By Value (USD Billion), 2017-2023F

Figure 30: Argentina Smartphone User Base (Million Units), 2013-2017

Figure 31: Argentina Ride Hailing Market Share, By Vehicle Type, By Value, 2017-2023F

Figure 32: Argentina Two-wheeler Sales (Thousand Units), 2013-2017

Figure 33: Argentina Passenger Car Sales (Thousand Units), 2013-2017

Figure 34: Argentina Ride Hailing Market Share, By Internet Connectivity, By Value, 2017-2023F

Figure 35: Argentina Internet User Base (Million Units), 2013-2017

Figure 36: Argentina Internet User Penetration (% of Population), 2013-2017

Figure 37: Argentina Ride Hailing Market Share, By Service Type, By Value, 2017-2023F

Figure 38: Argentina Ride Hailing Market Share, By Vehicle Connectivity, By Value, 2017-2023F

Figure 39: Argentina Ride Hailing Market Share, By Vehicle Connectivity, By Value, 2017-2023F

List of Tables

Table 1: Middle East & Africa Top Mobile Network Operators, 2017

Table 2: South Africa Top Mobile Network Operators, 2017

Table 3: UAE Top Mobile Network Operators, 2017

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Table of content

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