Logo
X
  • Who We Serve
    • By Role

      • CEO / Business Executives
      • CTO / IT Professionals
      • COO / Operations Head
    • By Industries

      • Healthcare
      • Digital Commerce
      • Travel and Transportation
      • Real Estate
      • Software and Technology
  • Our Technology Focus
    • Web
    • Mobile
    • Enterprise
    • Artificial Intelligence
    • Blockchain
    • DevOps
    • Internet Of Things
  • Discover Daffodil
    • About
    • Leadership
    • Corporate Social
      Responsibility
    • Partners
    • Careers
  • Resources
    • Blog

    • E-Books

    • Case Studies

    • View all resources

  • Who We Serve
    • By Role

      • CEO / Business Executives
      • CTO / IT Professionals
      • COO / Operations Head
    • By Industries

      • Healthcare
      • Digital Commerce
      • Travel and Transportation
      • Real Estate
      • Software and Technology
  • Our Technology Focus
    • Web

      Create responsive web apps that excel across all platforms

    • Mobile

      User centric mobile app development services that help you scale.

    • Enterprise

      Innovation-driven enterprise services to help you achieve more efficiency and cost savings

      • Domains
      • Artificial Intelligence
      • DevOps
      • Blockchain
      • Internet Of Things
  • Discover Daffodil
    • About
    • Leadership
    • Corporate Social Responsibilities
    • Partners
    • Careers
  • Resources
    • Blog

      Insights for building and maintaining your software projects

    • E-Books

      Our publications for the connected software ecosystem

    • Case Studies

      The impact that we have created for our clients

    • View all resources
daffodil-logo
Get in Touch
  • What We Do
    • Product Engineering

    • Discover & Frame Workshop
    • Software Development
    • Software Testing
    • Managed Cloud Services
    • Support & Maintenance
    • Smart Teams

    • Dedicated Teams
    • Offshore Development Centre
    • Enterprise Services

    • Technology Consulting
    • Robotic Process Automation
    • Legacy Modernization
    • Enterprise Mobility
    • ECM Solutions
  • Who We Serve
    • By Industry

    • Healthcare
    • Software & Technology
    • Finance
    • Banking
    • Real Estate
    • Travel & Transportation
    • Public Sector
    • Media & Entertainment
    • By Role

    • CEO / Business executives
    • CTO / IT professionals
    • COO / Operations
  • Our Expertise
    • Mobility
    • UI/UX Design
    • Blockchain
    • DevOps
    • Artificial Intelligence
    • Data Enrichment
    • Digital Transformation
    • Internet of Things
    • Digital Commerce
    • OTT Platforms
    • eLearning Solutions
    • Salesforce
    • Business Intelligence
    • Managed IT Services
    • AWS Services
    • Application Security
    • Digital Marketing
  • Case Studies
  • Discover Daffodil
    • About us
    • Partnership
    • Career & Culture
    • Case Studies
    • Leadership
    • Resources
    • Insights Blog
    • Corporate Social Responsibility
Get in Touch
resources-bg.jpg

Software Engineering Insights

On-Demand Ride Sharing: Marking the Growth of Shared Mobility

May 3, 2018 11:10:48 AM

  • Tweet

on-demand ride sharing

 On-demand ride-sharing, wherein apps and digital services are used to organize a taxi or vehicle sharing is marking the growth of the connected mobility sector. By 2020, around 685 million people are predicted to use ridesharing services, worldwide (Statista).

Car sharing, bike sharing, shuttle, carpool are some of the services that are enabling the on-demand ride-sharing sector to thrive. The idea of more people using one vehicle not only help to curb the cost of traveling (fuel costs, tolls, maintenance charges) but also reduces the stress of driving.

Moreover, ride-sharing is a sustainable way to travel. Sharing journeys reduces air pollution, carbon emissions, traffic congestion, and also manages the need for parking spaces. For all these positive impacts, even govt’ authorities encourage the concept of ride-sharing.

Statistics that favor the rise of on-demand ridesharing

global penetration percentage

Global Comparison - User Penetration in percent in 2018

ridesharing revenue US

Revenue in the Ride Sharing segment amounts to US$17,191m in 2018

Ride Sharing  in US

Number of ridesharing users in the U.S.

What’s triggering the growth of shared mobility?

Booming online service marketplace, new employment models, significant workplace flexibility are making the on-demand economy grow. For instant ride-sharing services, there has been a drastic shift in customer mindset over the acceptance of ride-sharing models. These three factors are contributing to making dynamic carpooling a success:

1. Customer Preferences: U.S. ridesharing adoption has increased from 38% in 2016 to 53% in 2017, according to SharesPost’s second annual ridesharing consumer survey. The enhanced market penetration is accounted for certain demographics, including millenials, city dwellers, and individuals who don't own a car.

2. Technology: The future of ridesharing depends on technology. Mobile apps, GPS navigation devices, constant network connectivity, e-transactions for payment are enabling seamless matching of riders and drivers in real-time.

3. Regulation: One of the biggest challenges of ride-sharing services is travelling with strangers. However, with mobile apps that are backed with technological services like GPS devices, tracking the driver, his vehicle details, and thelocation is possible, which makes ride sharing a convenient and secure experience for users.

On-demand ride sharing: Existent, successful models

Ride-sharing is a tried-and-tested model. Over the years, a number of startups have evolved as an established on-demand transportation service providers. They not just introduced innovative models to hail, share, and ride vehicles, but also proved it as a successful business model. Some of them are:

  • Uber is the big shot in app-based ride-sharing services. Operating in more than 200 cities across the globe, Uber allows people to book pre-screened drivers for carpool.

  • Ola is an India-based ride-hailing and sharing service that allow its its users to book or share a ride with an app.

  • BlaBlaCar is a long-distance carpooling platform that connects drivers with vacant seats with passengers to share travel cost.

For ride-sharing, there are two types of vehicles involved that picks up people from defined location. Services like Uber, Lyft uses commercial vehicles for sharing rides. On the other hand, BlaBlacars, MatchRider are ridesharing models that allow daily commuters to use their private vehicle for sharing rides. While the concept works similar, the type of vehicle differs.

Have an idea to transform the ride-sharing industry? 

Hundreds of ideas click innovative minds, daily. But, how they will be persevered by the targeted persona is a big question that startups need to have an answer for.

We, at Daffodil, believe that validating an idea is important. Considering the cost, tech resources, and time that goes into the implementation of an idea, we have our Discover and Frame workshop for startups. It creates a roadmap for the product idea that helps in estimating its success rate. 

If you too have an idea that you think can disrupt the on-demand industry for ridesharing, share it with us to know best development practices.New call-to-action

 

Topics: On - Demand Apps

Archna Oberoi

Written by Archna Oberoi

Content strategist by profession and blogger by passion, Archna is avid about updating herself with the freshest dose of technology and sharing them with the readers. Stay tuned here as she brings some trending stories from the tech-territory of mobile and web.

Previous Post

previous_post_featured_image

The Rise of On-Demand Transportation Services

Next Post

next_post_featured_image

Google's Plus Codes: Simplifying Last Mile Delivery

Stay Ahead of the Curve with Our Weekly Tech Insights

  • Recent
  • Popular
  • Categories

Lists by Topic

  • Software Development (175)
  • Artificial Intelligence (169)
  • Mobile App Development (166)
  • Healthcare (137)
  • DevOps (80)
  • Digital Commerce (60)
  • Web Development (57)
  • CloudOps (54)
  • Digital Transformation (37)
  • Fintech (36)
  • UI/UX (29)
  • Software Architecture (27)
  • On - Demand Apps (26)
  • Internet of Things (IoT) (25)
  • Open Source (25)
  • Outsourcing (24)
  • Blockchain (21)
  • Newsroom (21)
  • Salesforce (21)
  • Technology (18)
  • Software Testing (16)
  • StartUps (16)
  • Customer Experience (14)
  • Robotic Process Automation (13)
  • Voice User Interface (13)
  • Javascript (11)
  • OTT Apps (11)
  • Business Intelligence (10)
  • Data Enrichment (10)
  • Infographic (10)
  • Big Data (9)
  • Education (9)
  • Microsoft (6)
  • Real Estate (5)
  • Banking (4)
  • Game Development (4)
  • Enterprise Mobility (3)
  • Hospitality (3)
  • eLearning (2)
  • Public Sector (1)
see all

Posts by Topic

  • Software Development (175)
  • Artificial Intelligence (169)
  • Mobile App Development (166)
  • Healthcare (137)
  • DevOps (80)
  • Digital Commerce (60)
  • Web Development (57)
  • CloudOps (54)
  • Digital Transformation (37)
  • Fintech (36)
  • UI/UX (29)
  • Software Architecture (27)
  • On - Demand Apps (26)
  • Internet of Things (IoT) (25)
  • Open Source (25)
  • Outsourcing (24)
  • Blockchain (21)
  • Newsroom (21)
  • Salesforce (21)
  • Technology (18)
  • Software Testing (16)
  • StartUps (16)
  • Customer Experience (14)
  • Robotic Process Automation (13)
  • Voice User Interface (13)
  • Javascript (11)
  • OTT Apps (11)
  • Business Intelligence (10)
  • Data Enrichment (10)
  • Infographic (10)
  • Big Data (9)
  • Education (9)
  • Microsoft (6)
  • Real Estate (5)
  • Banking (4)
  • Game Development (4)
  • Enterprise Mobility (3)
  • Hospitality (3)
  • eLearning (2)
  • Public Sector (1)
see all topics

Elevate Your Software Project, Let's Talk Now

Awards & Accolades

dj
dj
dj
dj
dj
Aws-certification-logo
microsoft-partner-2-1
microsoft-partner
google-cloud-partne
e-UI-Path-Partner-logo
partner-salesforce-reg-consulting-partner-1-1
daffodil-logo
info@daffodilsw.com
  • Home
  • About Daffodil
  • Locations
  • Privacy Policy
  • Careers

© 2025 Daffodil Unthinkable Software Corp. All Rights Reserved.

[fa icon="chevron-up"]