Being almost synonymous with the ride-sharing industry, Uber’s share of the U.S. market has fluctuated between ** and ** percent since 2017. The remaining market is dominated by Lyft, which accounted for ** percent of the market in March 2024. Ridesharing industry While Uber’s U.S. market share may be largely stagnant, the company is still growing strongly in terms of revenue and, although to a lesser extent, ridership. There are several reasons for this. First, Uber is a global company, whereas Lyft only operates in the North American market. Secondly, the overall size of the global ride-sharing market is growing and projected to continue expanding to over *** billion U.S. dollars. In addition, Uber has been expanding into other services, including food delivery and payments. Driver conditions Ride-sharing companies have received criticism for classifying drivers as independent contractors rather than employees. This means drivers need to pay for their own operating expenses and may not have access to basic employment rights such as a minimum wage (in districts where one exists). There has also been legal action taken against Uber for underpayment of their drivers and misrepresenting potential earnings.

Uber dominated the global market for ride-hailing, with a market share of ** percent in 2022. Lyft was ranked a distant second with a market share of ***** percent.

North American market remains key to Uber's revenue In recent years, Uber has expanded outside its home market in North America. Revenues in Europe, the Middle East, and Africa have grown particularly strongly, more than doubling between 2021 and 2022. However, the U.S. and Canada continue to account for the company's highest revenue. In 2022, revenue from North America made up ** percent of Uber's global revenue. Competition from Lyft Globally, Lyft can only claim ***** percent of the ride-hailing market share. The company only operates in the United States and Canada, limiting its ability to gain new users. In the United States, however, the company has a much larger share of the market. As of September 2023, Lyft controlled around a quarter of the U.S. ride-hailing market. Lyft has been losing market share, though. In 2021, Lyft had still held around a quarter of the market, losing ground to Uber.

Demand for ridesharing service providers in Australia's major cities has grown rapidly over the past decade, as rising urbanisation has made it difficult for some consumers to find adequate car parking. The gradual legalisation of ridesharing services in all Australian states and territories has also benefited operators, and attracted new players to the market. However, pandemic-related lockdowns, restrictions and border closures disrupted growth over the past few years. The industry has recovered somewhat since the end of lockdowns, but revenue for ridesharing service providers is expected to fall at an annualised 3.6% over the five years through 2023-24, to $756.8 million. This includes a rise of an estimated 3.3% in 2023-24, as high inflation and rising interest rates slow the industry’s recovery from pandemic disruptions. The COVID-19 pandemic led to steep declines in revenue over the two years through 2020-21. Growth in the number of Australians working and studying from home, as well as mandated business closures, led to declining demand for ridesharing services. In addition, the closure of Australia’s external borders in an effort to limit the virus’s spread led to a sharp drop in tourist numbers, further eroding demand. Since pandemic-related restrictions have been eased, the market has started expanding rapidly again with profitability recovering. However, issues with mortgage and rent costs and soaring inflation have interrupted the recovery, with revenue still below pre-pandemic levels in 2023-24. Ridesharing operators' performance is poised to stabilise in the future, following the market's rapid growth after its inception and then steep decline from the effects of the pandemic. The market is poised to approach saturation after it recovers from the effects of the pandemic. Rising urbanisation and greater inbound tourism are going to increase the number of active users, boosting demand. Revenue for rideshare operators is forecast to rise 4.8% annualised over the five years through 2028-29, reaching $958.8 million.

Introduction

Uber Eats Statistics: Uber Eats, the global food delivery platform launched in 2014, has grown to become a significant player in the online food delivery industry. Operating in over 6,000 cities worldwide, it serves millions of customers across the globe. The platform partners with over 700,000 restaurants and offers food delivery in more than 45 countries. In 2023, Uber Eats reported a revenue of approximately USD 12.5 billion. The service also continues to expand its user base, with over 100 million users actively using the app each month. In the U.S. alone, Uber Eats has a market share of around 25%, making it one of the leading food delivery platforms in the region.

The platform has increasingly leveraged its parent company Uber's rideshare infrastructure to enhance its delivery network, further strengthening its position in the competitive food delivery market. The article takes you through the Uber Eats statistics and trends, eventually leading to an in-depth discussion around its market performance.

Uber reported $200.66B in Market Capitalization this July of 2025, considering the latest stock price and the number of outstanding shares.Data for Uber | UBER - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last July in 2025.

In 2024, Uber Technologies generated over ** billion U.S. dollars in revenue from its operations in the United States and Canada. The company's revenue has grown in all regions, but the Europe, Middle East, and Africa region has experienced particularly strong year-on-year growth. The mobile transportation network company had more than 171 million monthly users all over the world at the end of that year. Uber leads global ride-hailing market As of 2022, Uber has a ** percent market share for ride-hailing globally, making it the largest player ahead of competitors such as Lyft. This dominance is reflected in its financial performance, particularly in its mobility segment. Uber Technologies generated a revenue of approximately ** billion U.S. dollars from its mobility segment, which includes its ride-sharing operations, which constructs the biggest portion of the company’s revenue. The company’s growth is a part of a trend in the ride-sharing market, which is projected to grow by more than ** percent from 2023 to 2028, reaching an estimated market value of *** billion U.S. dollars. Uber tops U.S. mobility service brand awareness Furthermore, the San Francisco-based company is the most well-known mobility service provider in the United States. Uber is known by ** percent of respondents in the United States. Another California-based company, Lyft, comes in ****** place on this list.

The Mexico ride-hailing market, valued at $3.34 billion in 2025, is projected to experience robust growth, driven by increasing smartphone penetration, rising urbanization, and a growing preference for convenient and affordable transportation options. The market's Compound Annual Growth Rate (CAGR) of 5.02% from 2019-2033 indicates a steady expansion, with significant potential for further development. Key market segments include e-hailing services, which currently dominate the market share, followed by car-sharing and car rental options. The peer-to-peer sharing model is gaining traction, while business-related ride-hailing continues to be a significant revenue stream. Online booking channels represent the primary mode of service access, reflecting the increasing digitalization of the Mexican consumer landscape. Passenger cars constitute the largest vehicle segment, though two-wheelers, particularly in urban areas, are showing notable growth, driven by affordability and maneuverability in congested traffic conditions. Intracity travel dominates the market, reflecting the high concentration of urban populations. Competition is fierce, with major players like Uber, Didi (though less prevalent in Mexico compared to other regions), and potentially local players, vying for market share through strategic pricing, service innovation, and targeted marketing campaigns. The growth trajectory is expected to be influenced by several factors. Government regulations concerning ride-hailing services will play a crucial role, shaping the industry's operational landscape and influencing pricing strategies. The evolving economic climate and fluctuations in fuel prices will also impact both consumer spending and operational costs for ride-hailing companies. Furthermore, the emergence of new technologies, such as autonomous vehicles, while still in the nascent stages, could disrupt the market in the long term, presenting both opportunities and challenges to established players. Sustained investment in infrastructure, particularly improved road networks, will also be critical in supporting the expansion of ride-hailing services across the country. Future growth will likely hinge on the ability of companies to adapt to these evolving dynamics and cater to the specific needs and preferences of the Mexican consumer market. Recent developments include: February 2024: To provide financial assistance, inDrive, a ridesharing platform, collaborated with the financial technology firm R2 to offer loans and credit cards to its drivers in Mexico. To facilitate this, inDrive collaborated with Mastercard and other local fintechs like Giro and Galileo., 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.. Key drivers for this market are: Increase in Internet and Smartphone Penetration is Driving the Market. Potential restraints include: Increase in Internet and Smartphone Penetration is Driving the Market. Notable trends are: Online Booking Channel is Expected to be the Dominant Booking Mode.

The ridesharing market, encompassing services like Uber and Lyft, is experiencing robust growth, driven by increasing urbanization, smartphone penetration, and a rising preference for convenient and affordable transportation alternatives. The market's value, while not explicitly stated, can be reasonably estimated based on publicly available information from similar reports and companies' financial statements. Considering the presence of major players like Uber and Lyft, along with regional variations in adoption rates, a conservative estimate for the 2025 market size might be around $300 billion USD. A Compound Annual Growth Rate (CAGR) of 15% over the forecast period (2025-2033) is a plausible projection, fueled by ongoing technological advancements such as autonomous vehicle integration and the expansion of services into new markets and demographics. Segment analysis reveals that the 25-34 age group is currently the largest user base, though growth is expected across all age brackets, with potential for significant expansion in the 55-64 demographic. The mobile terminal segment dominates, reflecting the ubiquitous use of smartphones, although PC-based booking continues to play a supporting role. Geographic distribution indicates North America and Asia-Pacific as leading markets, with significant opportunities for expansion in emerging economies across South America, Africa, and parts of Asia. However, regulatory hurdles, competition from public transportation systems, and fluctuating fuel prices represent key constraints that could moderate growth. Further market expansion will be influenced by several key factors. The adoption of electric vehicles within the ridesharing fleet will be a significant factor, as will the development of robust regulatory frameworks to ensure fair competition and rider safety. Expansion into underserved regions and the continued development of innovative features such as ride-sharing options, subscription models and integrated payment solutions will drive future growth. The increasing prevalence of ride-pooling options, addressing concerns about environmental impact and improving efficiency, will also play a significant role. The continued competitive landscape, with mergers, acquisitions, and the entry of new players, will shape the market's trajectory in the years to come. The successful navigation of these factors will be crucial for ridesharing companies to maintain their growth momentum and solidify their positions in a dynamic and evolving market.

Introduction

Ridesharing Industry Statistics: The ridesharing industry has changed the traveling patterns of global people and offered a convenient and affordable way to get around. With just a smartphone app, users can book rides quickly, making it popular in cities worldwide. Ridesharing companies such as Uber, Lyft, and DiDi have led this shift, giving people alternatives to traditional taxis and public transport. Ridesharing services also create job opportunities for drivers who can earn money using their vehicles. However, the industry faces challenges like regulatory issues, safety concerns, and competition.

This article will guide you in understanding the overall market of ridesharing and how it continues to grow as more people choose it for its flexibility and ease. The industry's future may include electric vehicles and self-driving cars, making them even more efficient and environmentally friendly.

In 2019, ***** percent of rideshare drivers in the United States drove for Uber, compared to only ***** percent who drove for Lyft. Rideshare drivers Ridesharing drivers are able to sign up for multiple services. When limited to the service they primarily drive for, Uber is dominant at **** percent, compared to **** percent for Lyft. In terms of the overall U.S. market, in August 2019, Uber held a market share of **** percent compared to **** percent for Lyft. Industry growth Assessing the performance of ridesharing companies in terms of zero-sum market share is somewhat misleading, as it does not indicate how expansion in the overall market has facilitated high growth for both Uber and Lyft. Both companies reported very strong revenue growth from 2017 to 2018, with Lyft’s revenue increasing by over ** percent. This is likely a result of the increasing share of people using ridesharing services, which more than doubled between 2015 and 2018.

The ride-sharing market, encompassing services like Uber, Lyft, and Didi, is experiencing robust growth, driven by increasing urbanization, rising disposable incomes, and the convenience offered by on-demand transportation. The market, valued at approximately $200 billion in 2025, is projected to maintain a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated $750 billion by 2033. This growth is fueled by several key trends: the expansion of ride-sharing options beyond personal transportation to include deliveries and logistics; increasing adoption of ride-pooling services for cost-effectiveness; and the integration of advanced technologies like AI and machine learning for optimizing routes, pricing, and safety. While regulatory hurdles and competition among established players pose challenges, innovation in areas like electric vehicle integration and autonomous driving technologies offer significant growth opportunities. Segmentation analysis reveals that the 25-34 age group represents the largest user base, with a high demand for express car services, contributing significantly to market revenue. Geographic expansion continues to be a key strategy, with developing markets in Asia and Africa presenting lucrative growth potential. Significant regional variations exist. North America currently holds a substantial market share, however, rapid growth in Asia-Pacific, particularly in China and India, is expected to alter the global landscape significantly over the forecast period. The competitive landscape is highly dynamic, with established players facing increasing competition from both regional players and niche services catering to specific needs. The market will likely see further consolidation and strategic partnerships in the coming years, driven by the need for scale and technological advancements. Furthermore, the increasing emphasis on sustainability will likely push the industry toward greater adoption of electric vehicles and environmentally conscious operational practices. This shift towards sustainability will become a crucial differentiating factor for ride-sharing companies looking to attract environmentally conscious consumers.

The ride-sharing market, valued at $81.08 billion in 2025, is experiencing robust growth, projected to expand significantly over the forecast period (2025-2033). A compound annual growth rate (CAGR) of 26.35% indicates substantial market expansion driven by several key factors. Increased smartphone penetration and readily available internet access globally are fueling adoption, particularly among younger demographics who favor convenience and affordability over car ownership. Urbanization and growing traffic congestion in major cities further contribute to the market's expansion, as ride-sharing offers a viable alternative to personal vehicles. Technological advancements such as improved navigation systems, real-time fare calculations, and integrated payment options enhance user experience and drive market growth. The market is segmented by end-user (individual and business) and vehicle type (cars and others, potentially including motorcycles, bicycles, or even micro-transit options). Competitive pressures among established players like Uber, Lyft, and Bolt, alongside emerging regional players, are driving innovation and improving service offerings. Regulatory changes and safety concerns, however, present challenges to sustained growth. The market's regional distribution shows significant concentration, with North America and APAC likely holding the largest shares due to high smartphone penetration and established ride-hailing services. Europe and other regions are also exhibiting considerable growth potential, albeit at varying paces depending on regulatory frameworks and technological infrastructure. Growth strategies employed by key players include strategic partnerships, technological upgrades, expansion into new markets, and diversification of services (e.g., incorporating food delivery or other mobility options). The industry faces risks associated with fluctuating fuel prices, driver shortages, and evolving regulatory landscapes, all impacting profitability and overall market stability. Long-term forecasts predict sustained growth, contingent upon addressing these challenges and capitalizing on emerging opportunities in autonomous vehicles and related technologies.

The global ride-sharing market is experiencing robust growth, driven by increasing urbanization, rising smartphone penetration, and a growing preference for convenient and affordable transportation options. The market's expansion is fueled by diverse service offerings, including express cars, special cars, and pooling options, catering to a broad range of consumer needs and demographics. While the 18-24 age group represents a significant initial user base, consistent growth is seen across all age segments (25-34, 35-44, 45-54, and 55-64), indicating the service's broad appeal and potential for sustained expansion. Major players like Uber, Didi, and Lyft dominate the market, but intense competition fosters innovation and drives down prices, benefiting consumers. Geographic expansion continues, with North America and Europe currently holding significant market share, but rapid growth is projected in Asia-Pacific regions like China and India, fueled by burgeoning populations and expanding middle classes. However, regulatory hurdles, concerns about driver compensation and safety, and the emergence of competing transportation modes (e.g., improved public transport) pose potential challenges to the market's continued exponential growth. While precise figures for market size and CAGR are not provided, a reasonable estimation based on industry reports suggests a 2025 market size exceeding $200 billion, with a CAGR of approximately 15% projected from 2025-2033. This growth trajectory is likely to be influenced by factors such as technological advancements (e.g., autonomous vehicles), evolving consumer preferences, and the ongoing adaptation of business models to address regulatory changes and environmental concerns. The market segmentation by age and service type demonstrates opportunities for targeted marketing and service diversification to further enhance market penetration and profitability. The success of companies within the market hinges on their ability to effectively manage operational costs, navigate regulatory complexities, and maintain a high level of driver and passenger satisfaction.

The ride-hailing market is experiencing robust growth, driven by increasing smartphone penetration, urban population growth, and the convenience offered by on-demand transportation services. This sector, encompassing players like Uber, Lyft, and Didi Chuxing, is projected to maintain a significant Compound Annual Growth Rate (CAGR). While precise figures for market size and CAGR are unavailable in the provided data, industry analyses suggest a substantial market valuation in the billions (USD) in 2025. Assuming a conservative CAGR of 15% based on recent market trends, the market could reach a value exceeding $X billion by 2033. This growth trajectory, however, is subject to various factors. Key market drivers include technological advancements, expanding partnerships with businesses and individuals for fleet services, and the increasing preference for ride-sharing over personal vehicle ownership, especially in congested urban areas. However, regulatory hurdles, fluctuating fuel prices, competition among existing players, and concerns around driver compensation and worker classification pose significant challenges to sustained growth. The market is segmented geographically, with North America and Asia currently commanding significant market share, while other regions such as Europe and Latin America present considerable growth potential. The evolving regulatory landscape in various countries will play a crucial role in shaping the future of this dynamic industry.

What is UBER?

Uber Technologies, Inc., commonly known as Uber, is an American technology company. Its services include ride-hailing, food delivery (Uber Eats and Postmates), package delivery, couriers, freight transportation, and, through a partnership with Lime, electric bicycle and motorized scooter rental. The company is based in San Francisco and has operations in over 900 metropolitan areas worldwide. It is one of the largest firms in the gig economy. Uber is estimated to have over 93 million monthly active users worldwide. In the United States, Uber has a 71% market share for ride-sharing and a 22% market share for food delivery. Uber has been so prominent in the sharing economy that changes in various industries as a result of Uber have been referred to as uberisation, and many startups have described their offerings as "Uber for X".

Information about this dataset

This dataset provides historical data of Uber Technologies, Inc. (UBER). The data is available at a daily level. Currency is USD.

The ride-hailing software market is experiencing robust growth, driven by increasing smartphone penetration, urbanization, and the rising preference for convenient and affordable transportation options. The market's expansion is further fueled by technological advancements, including the integration of artificial intelligence (AI) for optimized routing and surge pricing, and the development of autonomous vehicle technology promising to revolutionize the industry in the coming years. While the initial surge was primarily driven by passenger-centric apps, the market is witnessing diversification with the emergence of specialized solutions catering to businesses, logistics, and other niche sectors. This expansion includes solutions for fleet management, driver optimization, and enhanced customer relationship management (CRM) within the ride-hailing ecosystem. Competition remains fierce, with established players like Uber and Lyft facing challenges from regional and emerging competitors, each striving for market share through innovative features, strategic partnerships, and aggressive expansion strategies. Despite the rapid growth, the ride-hailing software market faces challenges such as regulatory hurdles varying across different geographical regions, concerns regarding driver compensation and working conditions, and the ongoing need for robust cybersecurity measures to protect user data and prevent fraud. The increasing focus on sustainability and the potential integration of electric vehicles are also shaping market trends, pushing software developers to incorporate features that promote eco-friendly practices and optimize energy consumption. The overall trajectory suggests continued growth, albeit at a potentially moderating pace as the market matures and faces the ongoing challenges of regulatory compliance, technological integration, and competition. Future growth will hinge on the successful navigation of these challenges and the continuous innovation of software to meet evolving user needs and expectations. The forecast period (2025-2033) promises significant expansion, driven by technological advancements and wider global adoption.

The online car-hailing service market is experiencing robust growth, driven by increasing urbanization, rising smartphone penetration, and the convenience offered by on-demand transportation. The market, segmented by age group (Under 25, 25-34, 35-44, Above 44) and service type (carpooling, carsharing), shows significant potential across various regions. While precise market sizing data is unavailable, assuming a conservative CAGR of 15% from a 2024 market value of $200 billion (a reasonable estimate based on publicly available data on major players like Uber and Lyft), the 2025 market value could be around $230 billion. This growth is fueled by increasing user adoption, particularly amongst younger demographics (Under 25 and 25-34 age groups), and the expansion of carpooling and carsharing options, offering cost-effective alternatives to traditional taxi services. However, regulatory hurdles, safety concerns, and competition from public transport systems pose challenges to the market's continued expansion. The competitive landscape is intensely dynamic, with major players like Uber, Lyft, and Didi Chuxing vying for market share through technological innovation, strategic partnerships, and expansion into new geographic territories. Future growth will depend on addressing these challenges while leveraging technological advancements such as autonomous driving technology and improved user interfaces. Regional variations exist. North America and Europe currently dominate the market, benefiting from higher per capita income and technological advancements. However, rapidly developing economies in Asia-Pacific and Middle East & Africa present significant growth opportunities, fueled by a burgeoning middle class and increasing smartphone penetration. The continued expansion into these emerging markets, coupled with innovations in service offerings, will be crucial for sustained growth in the coming years. This expansion will require adaptation to local regulations and cultural nuances. The competitive landscape will likely see further consolidation through mergers and acquisitions, while smaller players may focus on niche markets or specific geographic areas.

The ride-sharing software market, valued at $41.21 billion in 2025, is projected to experience robust growth, driven by increasing smartphone penetration, urbanization, and the rising preference for convenient and affordable transportation options. The market's Compound Annual Growth Rate (CAGR) of 8.6% from 2019 to 2024 suggests a continuously expanding market. Key drivers include the integration of advanced technologies like AI-powered route optimization and real-time tracking, improving efficiency and user experience. Furthermore, the expanding adoption of ride-sharing services among younger demographics and the increasing demand for on-demand transportation in emerging economies significantly contribute to market expansion. However, regulatory hurdles, varying levels of government support across regions, and intense competition among established players like Uber and Lyft, along with emerging regional competitors, pose significant challenges. The market is segmented based on service type (e.g., ride-hailing, carpooling), vehicle type, and geographical location. The increasing adoption of electric vehicles within ride-sharing fleets is also a notable trend, alongside the emergence of subscription-based ride-sharing models. Future growth will depend on overcoming regulatory obstacles, further technological innovations improving efficiency and safety, and successful navigation of the competitive landscape. The competitive landscape is characterized by a mix of established global players and regional companies. While Uber and Lyft dominate in North America, companies like Didi Chuxing (China), Ola Cabs (India), and Grab (Southeast Asia) hold significant regional market share. This highlights the importance of localized strategies and adaptation to specific market conditions. The forecast period (2025-2033) anticipates continued growth, albeit potentially at a moderated pace as the market matures. Factors like fluctuating fuel prices, economic conditions, and evolving consumer preferences will influence the trajectory of market growth. Innovative features like enhanced safety measures, integration with public transportation networks, and the potential expansion into new areas like autonomous vehicles will shape the future of the ride-sharing software market. The market's evolution will be characterized by a dynamic interplay of technological advancements, regulatory shifts, and evolving consumer behavior.

The Australia Taxi Market report segments the industry into By Service Type (Ride Hailing, Ridesharing), By Booking Type (Online Booking, Offline Booking), By Vehicle Type (Hatchbacks, Sedans, SUVs/MPVs), and Country (New South Wales (NSW), Victoria, Queensland, Western Australia, Rest of Australia). Five years of historical data and five-year forecasts are provided.