The ride-sharing market has experienced a giant surge in recent years. The ride-sharing market allows for consumers in need of a ride to instantly call for one via their smartphone and GPS satellites. This is comparable to a taxi service but can in some cases be significantly cheaper. However, drivers for these apps do not usually hold the same licensing requirements as taxi drivers. Uber and Lyft are the two largest companies in this sector, although Uber continues to outperform Lyft. In 2023, Uber's reported global revenue was more than eight times that of Lyft, which recorded 4.4 billion U.S. dollars in revenues.
Number of monthly active platform consumers (MAPCs) of Uber worldwide from 2017 to 2024, by quarter
(in millions)
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Uber. (October 31, 2024). Number of monthly active platform consumers (MAPCs) of Uber worldwide from 2017 to 2024, by quarter (in millions) [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/statistics/833743/us-users-ride-sharing-services/?__sso_cookie_checker=failed
Uber. "Number of monthly active platform consumers (MAPCs) of Uber worldwide from 2017 to 2024, by quarter (in millions)." Chart. October 31, 2024. Statista. Accessed February 19, 2025. https://www.statista.com/statistics/833743/us-users-ride-sharing-services/?__sso_cookie_checker=failed
Uber. (2024). Number of monthly active platform consumers (MAPCs) of Uber worldwide from 2017 to 2024, by quarter (in millions). Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/statistics/833743/us-users-ride-sharing-services/?__sso_cookie_checker=failed
Uber. "Number of Monthly Active Platform Consumers (Mapcs) of Uber Worldwide from 2017 to 2024, by Quarter (in Millions)." Statista, Statista Inc., 31 Oct 2024, https://www.statista.com/statistics/833743/us-users-ride-sharing-services/?__sso_cookie_checker=failed
Uber, Number of monthly active platform consumers (MAPCs) of Uber worldwide from 2017 to 2024, by quarter (in millions) Statista, https://www.statista.com/statistics/833743/us-users-ride-sharing-services/?__sso_cookie_checker=failed (last visited February 19, 2025)
Number of monthly active platform consumers (MAPCs) of Uber worldwide from 2017 to 2024, by quarter (in millions) [Graph], Uber, October 31, 2024. [Online]. Available: https://www.statista.com/statistics/833743/us-users-ride-sharing-services/?__sso_cookie_checker=failed