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.

The ride-sharing industry continues to be dominated by Uber and Lyft, with both companies expanding their reach and strengthening their hold on US urban mobility. The current landscape is marked by a shift toward electrification, growing adoption of loyalty and subscription programs and increasing integration with public transit and last-mile delivery. Profit has improved, with profit now representing 4.2% of revenue as leading platforms deploy technologies to optimize routing, minimize idle time and scale multi-modal services. Industry revenue is also expected to climb at a CAGR of 24.7% from 2020-2025, reaching $21.0 billion in 2025, a robust 13.7% year-over-year increase fueled by the rapid rebound in travel, consumer spending and business activity after pandemic-era lows. Consolidation remains a defining feature as Uber and Lyft operate in a de facto duopoly, leveraging network effects and technology to keep new entrants at bay. The customer experience is front-and-center, with personalization and seamless digital engagement driving repeat usage and platform loyalty. However, cost pressures, in the form of rising wages, insurance premiums and the upfront electrification costs, are mounting. Regulatory developments, including new pay mandates and regional electrification targets, reshape operating models and could constrain profit. Despite these challenges, ongoing mobile connectivity and business travel growth support the appetite for convenient, app-based mobility. This has sustained consumer demand and contributed to outsized growth compared to traditional taxis and public transit. Future growth is expected to moderate as the industry shifts into a mature phase. Success will hinge on investment in technology, regulatory adaptation and continued enhancement of the rider experience, as platforms strive to balance cost pressures with the promise of environmentally sustainable growth. Over the next five years, profit as a revenue share is anticipated to stabilize at 3.9% in 2030 as companies absorb higher compliance and electrification costs while seeking new efficiencies and adjacent services. Annual revenue expansion is forecast to slow to a CAGR of 2.5% during 2025-2030, with industry sales reaching $23.8 billion through the end of 2030.

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.

Ridesharing Industry statistics: The ridesharing industries are different companies that include transportation networks and ride-hailing services that provide one-way transportation commonly termed as e-taxis or app-taxis. The well-known and biggest ride-sharing companies are Uber and Lyft. The overall market share of the ridesharing industry in 2022 has accounted for around $95.09 billion to $100.55 billion and is expected to reach a CAGR of 17.2% by the end of 2029 with $305 billion. Currently, ridesharing applications are mostly used across the world, especially in urban areas and almost 36% of Americans are using these apps in their daily life. The following Statistics from several aspects will provide light on why Ridesharing Industry is becoming so popular. Editor’s Choice In the United States, almost 36% of people are the part of Ridesharing Industry in 2022. The top two companies in this industry are Uber and Lyft in the U.S. The Ridesharing market size of North America increased by 68% by the end of 2022 with $13.6 billion. In the U.S. 2022, the share of sales rideshare market of Uber was 71% and Lyft's was 29%. By the end of 2026, the global market share of ridesharing is expected to be $185.1 billion. The monthly services of ridesharing applications were around 26%. This industry mainly includes the Taxi segment and Ride-hailing transportation sector. As of 2023, this U.S. industry has projected to reach $71.78 billion and expects annual growth of 1.07% by the end of 2027 with a $74.91 billion market volume. Currently, 28.1% is the user penetration of this industry in the U.S. As of January 2022, the average sales per customer of Uber were $72 and Lyft was $66.

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.

Uber reported $180.2B in Market Capitalization this December 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 December in 2025.

In 2018, food delivery company Uber Eats held 24 percent of the total food delivery market in the United States. The company's share of the market is predicted to rise to 27 percent by 2022.

According to a 2018 survey, ** percent of U.S. adults used ride-sharing apps like Uber and Lyft. This is more than twice the share of the population who used ridesharing apps in 2015. Ridesharing providers The increasing take up of ridesharing services has created rapid growth for ridesharing platforms. The largest two ridesharing platforms in the United States are Uber and Lyft, who held a combined market share of **** percent in August 2019. Uber is the larger of the two companies, whose global revenue increased by around ** percent from 2016 to 2018. Lyft are a much smaller company, both due to their smaller market share and because they only operate in North America. Despite this, their growth has been even more rapid over this period, with revenue increasing by *** percent from 2016 to 2018. Uses of ridesharing While ridesharing is clearly a growing industry, at this stage its does not appear likely to supplant public transit in the United States any time soon. In a 2017 survey, only a small number of people reported using ridesharing services to replace public transit on a regular basis, with *** percent of respondents doing so on a daily basis. And in 2016, a different survey found that the main reason people used ridesharing services was for infrequent activities such as visiting bars and restaurants. Unless there is a significant shift in these behavioral patterns, public transit appears to remain a more popular option for regular travel such as commuting.

The ridesharing market, currently valued at $145.27 billion in 2025, is poised for substantial growth over the next decade. Driven by increasing urbanization, rising disposable incomes, and the convenience offered by on-demand transportation, the industry is experiencing a significant surge in adoption globally. Technological advancements, such as improved app functionalities, autonomous vehicle development, and the integration of ridesharing services with public transportation networks, further propel market expansion. Competition is fierce, with established players like Uber and Lyft vying for market share alongside regional giants such as Didi Chuxing and Grab, and emerging innovative companies. However, regulatory hurdles, fluctuating fuel prices, and the ongoing need to address driver welfare and safety concerns present challenges to sustained, unhindered growth. The market is segmented by service type (e.g., ride-hailing, carpooling), vehicle type, and geographical region, each exhibiting unique growth trajectories. While North America and Europe currently dominate, developing economies in Asia and Africa are witnessing rapid expansion, presenting lucrative opportunities for investment and expansion. The forecast period of 2025-2033 anticipates continued market expansion, albeit at a potentially moderated rate compared to previous years. This moderation could be attributed to market saturation in some developed regions and a shift towards sustainable transportation solutions. Nonetheless, the integration of new technologies, evolving business models (e.g., subscription services), and increasing demand for efficient last-mile connectivity will continue to fuel market growth. The competitive landscape will likely evolve through mergers, acquisitions, and strategic partnerships, shaping the future of the industry. A focus on improving service quality, enhancing customer experience, and addressing environmental concerns will be crucial for players seeking long-term success in this dynamic and competitive market.

Key Taxi App StatisticsTop Taxi AppsTaxi App Market SizeTaxi Revenue by AppTaxi App UsersTaxi App Market Share USTaxi App Market Share UKTaxi App Market Share IndiaIn a wave of entrepreneurship in...

US Ride Hailing Services Market valued at USD 36 billion, driven by urbanization, smartphone adoption, and demand for convenient transport. Key players include Uber and Lyft.

Uber stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

The global ride-hailing market is booming, driven by technological advancements and increasing demand for convenient transportation. This in-depth analysis explores market size, growth trends, key players (Uber, Lyft, Didi), regional variations, and future projections through 2033. Discover the latest insights and investment opportunities in the ride-hailing industry.

Discover the booming ride-sharing market: Explore its $1.5 trillion (estimated 2025) value, projected CAGR, key drivers, and regional breakdowns. Learn about top players like Uber & Didi, emerging trends, and future growth forecasts through 2033.

Discover the booming ride-sharing market! This comprehensive analysis reveals key trends, growth projections, leading players (Uber, Lyft, Didi), and regional breakdowns for the period 2019-2033. Learn about market segmentation, growth drivers, and challenges shaping the future of on-demand transportation.

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.

North America Ride Hailing Market was valued at USD 65.81 billion in 2024 and is expected to reach USD 92.23 billion by 2030 with a CAGR of 5.84%.

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 global ride-sharing market is booming, projected to reach $750 billion by 2033, driven by urbanization and technological advancements. Discover key trends, regional insights, and competitive analysis in this comprehensive market report, covering major players like Uber, Lyft, and Didi.