Tag Archives: South America ride hailing market

South America Ride Hailing Market Size, Share, Key Players, Growth Factors Analysis Report with Trends and Forecast till 2023

According to TechSci Research report, South America Ride Hailing Market By Vehicle Type, By Internet Connectivity, By Service Type, By Vehicle Connectivity, By Country, Competition Forecast & Opportunities, 2017-2023, the ride hailing market in South America is forecast to grow at a CAGR of 11.5% during 2018 – 2023. Growing urbanization, expanding fleet of automobiles and increasing penetration of smartphones and internet are among the key factors expected to aid the market growth during the forecast period. Increasing traffic congestion and ride hailing benefits such as ease of booking and enhanced comfort are also anticipated to boost demand for ride hailing services in South America in the coming years.