IMARC Group, a leading market research company, has recently releases report titled “GCC Ridesharing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The GCC ridesharing market is projected to exhibit a growth rate (CAGR) of 17% during 2023-2028. What is Ridesharing? Ridesharing is a transportation model that generally relies on a digital platform or mobile application and allows individuals to share a ride in a single vehicle. It is usually available 24/7 and more affordable than traditional taxi services. It can easily expand to different cities and countries with minimal infrastructural investment. It helps minimize traffic congestion, reduces harmful vehicular emissions, and promotes environmental health. It is widely used by businesses for employee transport and replacing traditional corporate car services. Besides this, as it provides tourists with an easy way to get around in a new city, the demand for ridesharing services is rising across the GCC region. Request for a free sample copy of this report: https://www.imarcgroup.com/gcc-ridesharing-market/requestsample What are the growth prospects and trends in the GCC Ridesharing Industry? The increasing awareness among individuals about environmental sustainability and the carpooling options provided by ridesharing platforms represent one of the key factors positively influencing the market in the GCC region. Apart from this, the expansion of various industries, including oil, finance, and technology, and their increasing reliance on ridesharing services for convenience and reliability are strengthening the growth of the market. Furthermore, governing authorities of various countries in the region are undertaking initiatives to improve roadways, which is offering a favorable market outlook. They are continuously investing in road infrastructure to make it easier and more efficient for ridesharing services to operate. Moreover, the continuous rise in the tourism is driving the demand for ridesharing services in the region. Explore Full Report: https://www.imarcgroup.com/gcc-ridesharing-market What is included in market segmentation? The report has segmented the market into the following categories: Vehicle Type Insights:
- Sedan
- Van
- Buses
- Utility vehicle
- Coaches
- Online
- Offline
- Intracity
- Intercity
- Web based
- App based
- Web and app based
- Saudi Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain