Ride-hailing & Taxi - Africa
- Revenue in the Ride-hailing & Taxi segment is projected to reach US$4.13bn in 2023.
- Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 3.83%, resulting in a projected market volume of US$4.80bn by 2027.
- In the Ride-hailing & Taxi segment, the number of users is expected to amount to 62.12m users by 2027.
- User penetration is 4.3% in 2023 and is expected to hit 4.5% by 2027.
- The average revenue per user (ARPU) is expected to amount to US$76.15.
- In the Ride-hailing & Taxi segment, 28% of total revenue will be generated through online sales by 2027.
- In global comparison, most revenue will be generated in China (US$130.90bn in 2023).