Consumer Shift Toward Convenience Accelerates On-Demand...

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2026-03-18 13:42:58 -

Consumer Shift Toward Convenience Accelerates On-Demand Transportation Market Growth

The global on-demand transportation market was valued at USD 153.2 billion in 2022 and is projected to reach approximately USD 287.6 billion by the end of 2031. The market is expected to grow at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2031, driven by increasing urbanization, rising smartphone penetration, and growing consumer preference for convenient, app-based mobility...

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