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Frequently Asked Questions
According to Precedence Research, the global on-demand transportation market size was reached at USD 120.85 billion in 2020 and is expected to hit USD 701.1 billion by 2030.
Increased traffic congestion as a result of an increase in the number of automobiles and increase popularity of smartphones are the driving factors of the on-demand transportation market.
The global on-demand transportation market is expected to grow at a notable CAGR of 19.25% from 2021 to 2030.
The Asia Pacific region will lead the global on-demand transportation market in near future.
The major key players operating in on-demand transportation market are BMW Group, Daimler Group, Ford Motor Company, General Motor Company, Gett, Inc., Robert Bosch GmbH., and NI Technologies Pvt. Ltd. (OLA).