Product ID: UCMIR20U2006
Report ID:
UCMIR20U2006 |
Region:
Regional |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The Egypt ride-hailing service market witnessed a significant valuation of USD 922.0 million in 2020. Furthermore, it is projected to experience a steady growth trajectory with a compound annual growth rate (CAGR) of 15.8% from 2021 to 2028. This expansion can be attributed to several factors such as increasing smartphone penetration, rising urbanization, and the convenience offered by ride-hailing services in a densely populated country like Egypt. The market's growth prospects are further bolstered by the growing adoption of digital payment systems and the emergence of new market players. With these trends in place, the Egypt ride-hailing service market is poised to exhibit promising growth in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Railroads by segment aggregation, the contribution of the Railroads in Transportation and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONThe market for Egypt Ride Hailing Service was estimated to be valued at US$ XX Mn in 2021.
The Egypt Ride Hailing Service Market is estimated to grow at a CAGR of XX% by 2028.
The Egypt Ride Hailing Service Market is segmented on the basis of Offering Outlook.
Based on region, the Egypt Ride Hailing Service Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Egypt Ride Hailing Service Market are Uber Technologies, Inc., Avis Rent a Car System, LLC, Sixt SE, Halan Inc., Wngo Technologies Inc., SWVL Technologies Inc., Dubci, Fyonka, FriendyCar, M Car Egypt.
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Product ID: UCMIR20U2006