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The Mexican Ridesharing Market Report is Segmented by Service Type (E-Hailing, Car Sharing, Car Rental, and Other Service Types), Type (Peer-To-Peer Sharing and Business Sharing), Booking Channel (Online and Offline), Vehicle Type (Two Wheelers and Passenger Cars), and Distance (Intercity and Intracity). The Report Offers Market Size and Forecast for the Mexico Ridesharing Market in Terms of Value (USD) for all the Above Segments.
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The Mexico ride-hailing market, valued at $3.34 billion in 2025, is projected to experience robust growth, driven by increasing smartphone penetration, urbanization, and a rising preference for convenient and affordable transportation options. The market's Compound Annual Growth Rate (CAGR) of 5.02% from 2019 to 2024 suggests a continued upward trajectory through 2033. Key growth drivers include the expansion of e-hailing services, particularly among younger demographics, and the increasing adoption of ride-sharing platforms offering cost-effective alternatives to private car ownership. While regulatory hurdles and competition from established taxi services pose some challenges, the market is expected to witness significant innovation, including the integration of advanced technologies like AI-powered route optimization and improved safety features. The dominance of online booking channels further fuels growth, reflecting the increasing digitalization of the Mexican economy. Segmentation analysis reveals that passenger cars currently represent the largest vehicle type within the market, followed by two-wheelers, reflecting the diverse transportation needs across the country. The emergence of new service types, potentially including micro-mobility options like scooters and e-bikes, could further reshape market dynamics in the coming years. The competitive landscape is characterized by a mix of international players like Uber and Didi, alongside local and regional companies vying for market share. Successful players will need to focus on strategic pricing, technological innovation, effective marketing, and navigating the regulatory framework to maintain a competitive edge. Growth is further anticipated by the increasing adoption of ride-hailing services in secondary and tertiary cities. Factors such as fluctuating fuel prices and economic conditions will undoubtedly impact market growth, but the overall trajectory points towards a sustained period of expansion for the Mexican ride-hailing industry. Future growth might be influenced by the integration of sustainable transportation initiatives and the adoption of electric vehicles within the ride-hailing sector. Mexico Ride Hailing Industry: 2019-2033 Market Report This comprehensive report delivers an in-depth analysis of the Mexico ride-hailing industry, encompassing market dynamics, growth trends, competitive landscape, and future outlook. The report covers the period from 2019 to 2033, providing historical data, current estimations (Base Year: 2025), and future forecasts. This crucial resource is designed for industry professionals, investors, and strategic decision-makers seeking a clear understanding of this dynamic market. The analysis covers parent markets (Transportation & Logistics) and child markets (Ride-sharing, Car-sharing services) for a holistic view. Recent developments include: February 2024: The ride-share platform inDrive collaborated with the financial technology firm R2 to offer loans to its drivers in Mexico., July 2023: Hoop Carpool, the shared mobility startup, raised USD 1.3 million in investment funds in a round led by Ship2B Ventures through BSocial Impact Fund, with additional support from Banco Sabadell, FEI, AXIS, and 4Founders Capital., June 2022: International Finance Corporation (IFC) invested USD 15 million in BlaBlaCar to support the shared-travel platform's growth in Mexico and Brazil., February 2022: Beat, the ride-hailing app, introduced Beat Zero, a new innovative service with a private fleet of fully electric cars operated by hired drivers, to ensure an amazing transportation experience from pick up to drop off.. Key drivers for this market are: Growing Tourism Industry in Australia. Potential restraints include: Varying Government Regulations on Taxi Services. Notable trends are: Online Booking Channel is Expected to Drive the Market Growth.
We asked Mexican consumers about "Ride sharing/hailing / online taxi usage by brand" and found that "Uber" takes the top spot, while "Urbvan" is at the other end of the ranking.These results are based on a representative online survey conducted in 2024 among 1,328 consumers in Mexico.
During 2019, Uber concentrated 80 percent of the ride-hailing market in Mexico. It was followed by Cabify with 14 percent. Overall, the revenue of Uber in Latin America was expected to increase recently.
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 179 billion |
Revenue Forecast in 2034 | USD 1.40 unknown unit |
Growth Rate | CAGR of 25.6% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 143 billion |
Growth Opportunity | USD 1.3 unknown unit |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD billion and Industry Statistics |
Market Size 2024 | 143 billion USD |
Market Size 2027 | 283 billion USD |
Market Size 2029 | 447 billion USD |
Market Size 2030 | 561 billion USD |
Market Size 2034 | 1.40 unknown unit USD |
Market Size 2035 | 1.76 unknown unit USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Service Type, Vehicle Type, Trip Type, Payment Mode |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., China, India, Brazil, Germany - Expected CAGR 24.6% - 35.8% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | Indonesia, Nigeria, South Africa - Expected Forecast CAGR 19.2% - 26.6% (2025 - 2034) |
Top 2 Opportunistic Market Segments | Bikes and Scooters Vehicle Type |
Top 2 Industry Transitions | Shift Towards Electric Vehicles, Integration of Autonomous Technology |
Companies Profiled | Uber Technologies Inc, Lyft Inc, Didi Chuxing Technology Co, Grab Holdings Inc, Careem Inc, Ola (ANI Technologies Pvt. Ltd.), GO-JEK Indonesia, Bolt (Taxify), Gett Inc, BlaBlaCar, Via Transportation Inc and Yandex.Taxi |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
Since its debut in Mexico in October 2016, the U.S. ordering and delivery app, Uber Eats, has expanded to all 32 Mexican states. By August 2023, the platform registered more than eight million users, 50,000 affiliated restaurants, and 200,000 delivery partners and drivers. In parallel, Rappi made its entrance into the Mexican market in 2015, experiencing robust growth that has spanned over 110 cities across the country. The Colombian on-demand delivery platform has forged partnerships with over 100,000 businesses, 45,000 of which were small and medium-sized enterprises.
As of January 2025, U.S.-based online food delivery company Uber Eats garnered its biggest share of global app downloads in its home market, the United States, at 27 percent. India, Mexico, and Brazil shared the second place, with an app download share of nine percent each.
The Measurable AI Amazon Consumer Transaction Dataset is a leading source of email receipts and consumer transaction data, offering data collected directly from users via Proprietary Consumer Apps, with millions of opt-in users.
We source our email receipt consumer data panel via two consumer apps which garner the express consent of our end-users (GDPR compliant). We then aggregate and anonymize all the transactional data to produce raw and aggregate datasets for our clients.
Use Cases Our clients leverage our datasets to produce actionable consumer insights such as: - Market share analysis - User behavioral traits (e.g. retention rates) - Average order values - Promotional strategies used by the key players. Several of our clients also use our datasets for forecasting and understanding industry trends better.
Coverage - Asia (Japan) - EMEA (Spain, United Arab Emirates) - Continental Europe - USA
Granular Data Itemized, high-definition data per transaction level with metrics such as - Order value - Items ordered - No. of orders per user - Delivery fee - Service fee - Promotions used - Geolocation data and more
Aggregate Data - Weekly/ monthly order volume - Revenue delivered in aggregate form, with historical data dating back to 2018. All the transactional e-receipts are sent from app to users’ registered accounts.
Most of our clients are fast-growing Tech Companies, Financial Institutions, Buyside Firms, Market Research Agencies, Consultancies and Academia.
Our dataset is GDPR compliant, contains no PII information and is aggregated & anonymized with user consent. Contact business@measurable.ai for a data dictionary and to find out our volume in each country.
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The Latin American online grocery delivery market is experiencing robust growth, driven by increasing internet and smartphone penetration, rising urbanization, and a growing preference for convenience among consumers. The market, valued at approximately $XX million in 2025 (assuming a reasonable value based on global online grocery trends and the provided CAGR), is projected to expand at a compound annual growth rate (CAGR) of 7.20% from 2025 to 2033. This growth is fueled by the expansion of quick commerce options, offering faster delivery times, and the increasing popularity of meal kit delivery services catering to busy lifestyles and health-conscious consumers. Key players like Walmart Grocery, Uber Eats, and Rappi are actively investing in infrastructure and technology to enhance their market share and meet the rising demand. However, challenges such as inconsistent internet connectivity in certain regions, concerns about food safety and quality, and competition from established brick-and-mortar supermarkets act as restraints on market expansion. Further segmentation within the market reveals significant opportunities. Retail delivery continues to dominate, but the quick commerce segment is exhibiting the most rapid growth, driven by consumer demand for immediate gratification. Meal kit delivery is also gaining traction, appealing to a segment seeking convenience and curated meal options. Brazil, Mexico, and Colombia represent the largest markets within Latin America, owing to their larger populations, higher disposable incomes, and relatively advanced e-commerce infrastructure. Future growth will likely depend on addressing infrastructure gaps, enhancing consumer trust, and leveraging innovative technologies like AI-powered delivery optimization and personalized shopping experiences. The market's evolution is expected to be shaped by factors such as the ongoing development of last-mile delivery solutions, the emergence of hyperlocal delivery networks, and the increasing integration of online and offline grocery retail channels. Recent developments include: February 2023: Diferente, a Brazilian online grocery delivery service, has secured USD 3 million to expand its consumers' access to healthier food. Petrelli worked with Saulo Marti and Paulo Moncores to start Diferente at the beginning of 2022. They wanted to make healthy foods easier to find and cut down on the 30% of bad produce that supermarkets usually throw away., April 2022: Justo, the online grocery in Mexico City, is still firing on all cylinders to saturate the Latin American market. The company claims to be Mexico's first supermarket without a physical presence, allowing customers to buy groceries through its website or app. Jüsto would transport the order to the customer's preferred location.. Key drivers for this market are: Shift in Shopping Mode Preferences of the people, Increasing Urbanization; Attractive Offers and Payment Flexibility to Boost the Demand of the Market. Potential restraints include: Shift in Shopping Mode Preferences of the people, Increasing Urbanization; Attractive Offers and Payment Flexibility to Boost the Demand of the Market. Notable trends are: Increase in Urbanization is Expected to Drive the Market.
Car Rental Market Size 2025-2029
The car rental market size is forecast to increase by USD 188.3 billion at a CAGR of 20.5% between 2024 and 2029.
The market is experiencing significant growth due to several key factors. One of the primary drivers is the increasing cost of vehicle ownership, leading more consumers to rent cars instead. Another trend influencing the market is the advent of intermediaries, making it easier for customers to compare prices and find the best deals. Additionally, the rise of car-sharing services has disrupted the traditional car rental industry, offering flexible and affordable options for consumers. The market is expected to grow further, as more consumers opt for flexible and cost-effective transportation solutions such as electric car rental. Car rental companies must adapt to these trends and address challenges such as increasing competition and regulatory issues to remain competitive.
What will the size of the market be during the forecast period?
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Car rental services have experienced significant transformation in recent years, driven by the increasing penetration of the internet and the proliferation of mobile apps. Global travel and commuting patterns have shifted, with an increasing number of customers preferring the convenience of online booking applications. A car hire agency offers both offline access and online access to vehicle rental services, providing options for self driven or chauffeur driven vehicles, with flexible long term rental plans to suit various customer needs. Car rental operators have responded by investing in information technology to enhance the customer experience. The use of telematics and online verification of documents, e-signing of contracts, and cashless transactions have streamlined the car rental process. The integration of mobile apps has made it easier for customers to book a vehicle at any time and from any location.
Furthermore, the adoption of these technologies has also facilitated employee retention, as they enable more efficient and effective operations. International trips have become more common, and car rental services have expanded their offerings to cater to this market. The rise of electric vehicles (EVs) has also influenced the car rental industry, with operators offering more EV options to meet the growing demand for sustainable transportation. However, travel restrictions and regulations imposed by governments continue to pose challenges for car rental operators. Tourist agencies have also started partnering with car rental services to offer comprehensive travel packages. The integration of these services into travel packages has further increased the convenience for customers, making car rental an essential component of the global travel industry.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Mode Of Booking
Offline
Online
Rental Category
Airport transport
Local transport
Outstation transport
Other transport
Type
Economy cars
Executive cars
Luxury cars
SUVs
MUVs
Geography
North America
Canada
Mexico
US
Europe
Germany
UK
France
Italy
Spain
APAC
China
India
Middle East and Africa
South America
By Mode Of Booking Insights
The offline segment is estimated to witness significant growth during the forecast period.
Offline booking enables customers to reserve a car in advance without having to rely on internet connectivity. This is particularly useful for those who are traveling to remote areas or for those who find themselves in locations where internet connectivity is not reliable. Customers can simply provide their information to the rental company via phone, email, or in person, and the company will take care of the rest. The demand for offline booking has grown considerably in recent years as more customers seek out this added convenience and adopt solutions such as MUV rental. Rental companies are recognizing this trend and are now offering this feature as part of their standard service offering. This has made the process of booking a car much simpler, providing customers with the freedom to rent vehicles at any time, from anywhere.
Additionally, offline booking provides a layer of security for customers. With the ability to book a vehicle even in situations with no internet access, customers are never left stranded without a car. Another reason people choose to book cars offline is to ensure that they get the best rate. People usually think that by booking cars offline, they would be able to negotiate with the staff or get extra discounts. Such factor
In 2024, a Statista survey conducted among Mexican consumers about online food delivery bookings by brand found that 74 percent of respondents had used DiDi Food in the past 12 months to order food. Uber Eats took second place, with 69 percent of those surveyed using the food delivery platform. These results are based on a representative online survey conducted in 2024 among 880 consumers in Mexico.
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 4.5 billion |
Revenue Forecast in 2034 | USD 19.5 billion |
Growth Rate | CAGR of 17.8% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 3.8 billion |
Growth Opportunity | USD 15.7 billion |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD billion and Industry Statistics |
Market Size 2024 | 3.8 billion USD |
Market Size 2027 | 6.2 billion USD |
Market Size 2029 | 8.6 billion USD |
Market Size 2030 | 10.1 billion USD |
Market Size 2034 | 19.5 billion USD |
Market Size 2035 | 22.9 billion USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Vehicle Type, User Age, Purpose, Duration |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., China, Germany, France, India - Expected CAGR 17.1% - 24.9% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | Vietnam, South Africa, Colombia - Expected Forecast CAGR 13.4% - 18.5% (2025 - 2034) |
Top 2 Opportunistic Market Segments | 18-30 and 30-50 User Age |
Top 2 Industry Transitions | Rise of the Eco-Conscious Commuter, Emergence of Micromobility Solutions |
Companies Profiled | Lime, Bird Rides Inc, Jump (Uber), Spin (Ford), Lyft, Ola (Vogo), Motivate (Lyft), Neutron Holdings Inc (LimeBike), Scoot Networks, Tier Mobility, VOI Technology and Mobike |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
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The Mexican Ridesharing Market Report is Segmented by Service Type (E-Hailing, Car Sharing, Car Rental, and Other Service Types), Type (Peer-To-Peer Sharing and Business Sharing), Booking Channel (Online and Offline), Vehicle Type (Two Wheelers and Passenger Cars), and Distance (Intercity and Intracity). The Report Offers Market Size and Forecast for the Mexico Ridesharing Market in Terms of Value (USD) for all the Above Segments.