Indonesia ride hailing market size is projected to exhibit a growth rate (CAGR) of 8.15% during 2024-2032. The growing implementation of stringent regulations to ensure safety, quality, and fair competition, increasing reliance on smartphones, and the widespread availability of high-speed mobile internet represent some of the key factors driving the market.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 8.15% |
Ride hailing, also known as ridesharing or app-based transportation, refers to a mode of on-demand transportation that enables people to use mobile applications for availing rides from nearby drivers. It comprises rideshare pools, which allow multiple passengers traveling in the same direction to share a ride, reducing costs and environmental impact. It includes various luxury cars for passengers who prefer a more upscale experience. It also provides rides on two-wheelers, catering to a different segment of commuters. It implements safety measures, such as background checks on drivers and global positioning system (GPS) tracking for both drivers and passengers. It has the potential to reduce the number of privately owned vehicles on the road, alleviating traffic congestion and reducing the environmental impact. Ride hailing improves transportation access for people in areas with limited public transit options, making it easier for them to commute. It is used by numerous individuals as a source of income, offering flexible work opportunities for drivers. It is also more affordable than owning a car, as ride hailing eliminates the fuel, insurance, maintenance, and parking costs.
At present, the increasing utilization of ride hailing for getting to and from airports and offering a hassle-free way to catch flights or return home after a trip represents one of the crucial factors impelling the growth of the market in Indonesia. Besides this, the rising reliance on smartphones and the widespread availability of high-speed mobile internet is revolutionizing the way people access transportation services, fostering the rapid growth of ride-hailing platforms in the country. In addition, rising concerns about congestion on main roads and highways are driving the demand for ridesharing and carpooling options to reach destinations on time and reduce environmental impacts. Apart from this, the implementation of stringent regulations to ensure safety, quality, and fair competition while addressing concerns related to employment conditions and environmental impact is contributing to the market growth in the country. Furthermore, as ride-hailing companies strive to reduce operational costs and environmental footprints, they are exploring the incorporation of electric vehicles (EVs) and autonomous driving technologies, promising an efficient way to combat air pollution. Key market players are also entering into strategic alliances with automakers, tech firms, and other stakeholders to leverage synergies and enhance their service offerings. Moreover, the growing employment of ride hailing services for late-night travel is bolstering the growth of the market in the country.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on vehicle type, booking type, and end-use.
Vehicle Type Insights:
The report has provided a detailed breakup and analysis of the market based on the vehicle type. This includes two wheeler and passenger car.
Booking Type Insights:
A detailed breakup and analysis of the market based on the booking type have also been provided in the report. This includes online and offline.
End-use Insights:
The report has provided a detailed breakup and analysis of the market based on the end-use. This includes personal and commercial.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Java, Sumatra, Kalimantan, Sulawesi, and Others.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Vehicle Types Covered | Two Wheeler, Passenger Car |
Booking Types Covered | Online, Offline |
End-uses Covered | Personal, Commercial |
Regions Covered | Java, Sumatra, Kalimantan, Sulawesi, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |