Uber and Lyft may be the biggest names in ridesharing today, but they are not alone. The market they lead has evolved into something bigger than the two players, providing relevant insights into what to expect from users and other players in the coming years.
These statistics, data, and trends gathered over 100+ research hours show actionable metrics for users, drivers, startup founders, and other stakeholders in this space.
Top 8 Ridesharing Statistics (Editor’s Pick)
- Uber made more money from deliveries than rides or any other segment in 2021.
- More Brazilian adults (than any other nationality) used Uber in 2021-2022.
- Older American adults were likelier to believe ride-sharing drivers are independent contractors.
- The global ridesharing market reached an $85.8 billion valuation in 2021.
- As of 2021, 5% of Americans had earned money driving for a ride-sharing app.
- Uber made $10 billion across US and Canada in 2021.
- Lyft made more money in 2019 than it did in 2021.
- Ride-sharing user penetration is expected to lower between 2023 and 2027.
Infographic
<p><strong>Please include attribution to vpnAlert.com with this graphic.</strong><br><br><a href="https://vpnalert.com/resources/ridesharing-statistics/" data-wpel-link="internal"><img src="https://vpnalert.com/wp-content/uploads/2023/02/top-8-ridesharing-statistics.png" alt="Top 8 Ridesharing Statistics" width="768" border="0" height="745.02829426031" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/02/top-8-ridesharing-statistics-768x745.png 768w, https://vpnalert.com/wp-content/uploads/2023/02/top-8-ridesharing-statistics-300x291.png 300w, https://vpnalert.com/wp-content/uploads/2023/02/top-8-ridesharing-statistics-1024x994.png 1024w, https://vpnalert.com/wp-content/uploads/2023/02/top-8-ridesharing-statistics.png 1237w" sizes="auto"></a></p>
General Ridesharing Statistics
1. Uber is the biggest ridesharing platform in the USA.
As of 2022, the ridesharing platform held 79% of the US market share.
This left only 21% to Lyft, making the two providers the whales in the market.
2. More urban dwellers across different demographics use ridesharing services.
Those earning $75,000 and above in urban regions were the most likely to use ridesharing services (71%) as of 2022. In contrast, only 32% of people in the same earning bracket use ridesharing services in rural areas.
3. 70% of college graduates in the urban population used ridesharing services in 2022.
In contrast, only 32% of the same bracket in rural areas used a ridesharing service. Likewise, 55% of 18–29-year-olds in urban areas were more likely to use ridesharing services than 36% of the same rural demographic.
4. Uber made more money from deliveries than rides or any other segment in 2021.
Mobility accounted for $7.5 billion of its 2021 annual revenue, while deliveries made the brand $8.3 billion in the same year. Freight ($2.1 billion) and other services ($0.4 billion) made up the rest of the revenue for the year.
<p><strong>Please include attribution to vpnAlert.com with this graphic.</strong><br><br><a href="https://vpnalert.com/resources/ridesharing-statistics/" data-wpel-link="internal"><img src="https://vpnalert.com/wp-content/uploads/2023/02/uber-earnings-2021.png" alt="Uber Earnings in 2021" width="768" border="0" height="411.58011049724" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/02/uber-earnings-2021-768x412.png 768w, https://vpnalert.com/wp-content/uploads/2023/02/uber-earnings-2021-300x161.png 300w, https://vpnalert.com/wp-content/uploads/2023/02/uber-earnings-2021-1024x549.png 1024w, https://vpnalert.com/wp-content/uploads/2023/02/uber-earnings-2021.png 1267w" sizes="auto"></a></p>
5. Ride-sharing services are expected to have a global penetration of 10.6% by 2023.
The industry is also expected to record over $133 billion in revenue, conforming to a compound annual growth rate of 12.8%.
Ridesharing Statistics by Demographics
6. 36% of Americans had already used a ridesharing service by 2021.
Only 3% of Americans were yet to hear of the service, showing a projected growth rate.
In contrast, only about 15% of Americans used ridesharing services in 2015. Back then, 33% of the population was unaware of ridesharing.
It’s bested by China (44%) and Russia (42%) since only 36% of the US population used ridesharing services in the reporting timeframe.
8. More Brazilian adults (than any other nationality) used Uber in 2021-2022.
About 43% of Brazilian adults (18-64 years old) used the major ride-sharing platform in that timeframe. This was followed by India (42%), Australia (29%), and the United Kingdom (22%). The US managed to round up the top five with 18%.
9. College graduates are more likely to use ridesharing services than high school leavers.
2022 data shows that 55% of college graduates used ridesharing services, followed by 36% of people who have attended some college. In the final spot were 20% of people who attended high school or had lesser education.
10. 31.9% of all taxi volume in China for 2021 was from ride-sharing apps.
This dropped from 33.9% in 2020 and from the 2019 high of 36.5%.
<p><strong>Please include attribution to vpnAlert.com with this graphic.</strong><br><br><a href="https://vpnalert.com/resources/ridesharing-statistics/" data-wpel-link="internal"><img src="https://vpnalert.com/wp-content/uploads/2023/02/ridesharing-taxi-traffic-china-2021.png" alt="Ridesharing and Taxi Traffic in China in 2021" width="768" border="0" height="411.58011049724" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/02/ridesharing-taxi-traffic-china-2021-768x412.png 768w, https://vpnalert.com/wp-content/uploads/2023/02/ridesharing-taxi-traffic-china-2021-300x161.png 300w, https://vpnalert.com/wp-content/uploads/2023/02/ridesharing-taxi-traffic-china-2021-1024x549.png 1024w, https://vpnalert.com/wp-content/uploads/2023/02/ridesharing-taxi-traffic-china-2021.png 1267w" sizes="auto"></a></p>
11. 22% of American adults used (at least) one ride-hailing app in 2021.
The 2021 research data shows adults between 18-29 years using these apps the most (39%), followed by a 26% user base for 30–49-year-olds. The top three were rounded up by 50–64-year-olds, representing 17% of the ride-sharing app users in the same period.
12. In 2021, Asian-American adults were most likely to use ride-sharing apps than any other race.
They accounted for 34% of all ride-sharing app usage (broken down by race) in 2021. The table below shows how other races compare:
| Race | % Using Ride-Sharing Apps |
|---|---|
| Black American | 28% |
| Hispanic | 26% |
| White | 19% |
13. 62% of Americans believe ride-hailing service drivers are independent contractors.
This 2021 research also showed that 35% believe they are employees of the ride-sharing company they work for.
14. Older American adults were likelier to believe ride-sharing drivers are independent contractors.
67% of older Americans aged 50+ agreed that these drivers aren’t employees, only negated by 27% of the same age group. In contrast, only 50% of 18–29-year-olds and 60% of 30–49-year-olds agree.
15. Phoenix enjoys one of the smallest Uber costs per minute in the USA.
Data from January 2023 shows that the cost per minute in Phoenix is about $0.09. That’s less than double the numbers in Chicago ($0.2 per minute) and over 3x lesser than Dallas ($0.35 per minute).
Uber has also allowed female drivers to turn down ride requests from male passengers using the platform. As of January 2022, it was estimated that a similar move led to a 40% increase in female Mexican Uber drivers.
17. Phoenix and Chicago enjoy relatively smaller Uber pricing per mile.
January 2023 data from popular cities shows that both regions average about $0.90 per mile. Dallas is more expensive at around $1.75 per mile.
18. Over 2 in 10 Uber orders came from just five metropolitan areas.
While Uber had spread to about 10,000 cities in 2022, 22% of its orders came from Sao Paulo, New York, Los Angeles, London, and Chicago.
19. 18–29-year-olds in the gig economy were the most likely adults to drive for a ride-sharing service.
As of 2021, about 9% of this age group would drive for Uber, Lyft, or any other platform. In contrast, the other age groups involved in the gig economy fared as shared below:
| Age Group | % Preferring to Drive for Ride-Hailing |
|---|---|
| 30-49 | 6% |
| 50-64 | 4% |
| 65+ | 1% |
20. Hispanics in the American gig economy were more likely to be ride-sharing drivers than other races.
9% of Hispanic gig workers interviewed in 2021 were driving for a ride-sharing company. They were closely followed by 8% of Asian Americans in the same boat, and Black Americans (7%) rounded off the top three.
21. American adult males in the gig economy were slightly more likely to take up ride-sharing driver roles.
2021 research shows that 5% of American adult male gig economy workers drove for a ride-sharing company, compared to 4% of females in the same demographic.
22. Lower-income American gig economy workers are 2x as likely to drive for ride-sharing companies.
This 2021 number (8%) is compared to gig economy middle-income earners (4%) who drive for these companies. Likewise, it is 4x as high as the high-income American gig workers (2%) who drive for a ride-sharing service.
Ridesharing Statistics by Revenue
23. The global ridesharing market reached an $85.8 billion valuation in 2021.
This is expected to grow steadily to a projected $185.1 billion valuation in 2026.
24. 2021 closed with $117 billion in ridesharing sales.
These numbers went up 50% from 2020, but the substantial increase resulted from the slowly lifted pandemic lockdown.
25. As of 2022, Uber has only been profitable in one year of its operation.
The ridesharing giant made a net $1 billion profit in 2018 to mark its only profitable year. However, it made fewer losses in 2021 (only $400 million) compared to other years, showing growth in the right direction.
26. Uber’s largest funding season was between 2016-2018.
The platform raised $9.76 billion in funding in that timeframe alone.
As of 2019, Uber already had a cumulative $20.9 billion in funding.
<p><strong>Please include attribution to vpnAlert.com with this graphic.</strong><br><br><a href="https://vpnalert.com/resources/ridesharing-statistics/" data-wpel-link="internal"><img src="https://vpnalert.com/wp-content/uploads/2023/02/uber-largest-funding-season.png" alt="Uber Largest Funding Season" width="768" border="0" height="411.58011049724" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/02/uber-largest-funding-season-768x412.png 768w, https://vpnalert.com/wp-content/uploads/2023/02/uber-largest-funding-season-300x161.png 300w, https://vpnalert.com/wp-content/uploads/2023/02/uber-largest-funding-season-1024x549.png 1024w, https://vpnalert.com/wp-content/uploads/2023/02/uber-largest-funding-season.png 1267w" sizes="auto"></a></p>
27. In 2021, the EMEA region was Uber's second most profitable region after the USA & Canada.
This region contributed $3.2 billion to the yearly revenue in that period.
That’s ahead of the APAC region ($2.7 billion) and LATAM ($1.4 billion).
28. Uber’s stock price is expected to reach $169 by 2026.
For context, the company’s share price was below a third of that ($51.73) in May 2021.
Ridesharing User and Driver Statistics
29. As of 2021, 5% of Americans had earned money driving for a ride-sharing app.
This is broken into:
- Over 1% who were currently still earning from a ride-sharing app;
- 1% who weren’t presently earning from one but did in the past 12 months; and
- 2% who earned from a ride-sharing app more than 12 months ago.
30. The average Uber fare is $4.40 higher in larger cities than in smaller suburbs.
As of January 2023, the average Uber fare worked into $18.40 for larger cities. However, the number is pegged around $14 in the smaller towns and suburbs.
Ridesharing Accident Statistics
31. The majority of Uber rides end without safety issues.
99.9% of Uber trips finish without safety issues.
In the same timeframe, there were about 97 fatal crashes involving these vehicles.
21% of the victims were the rider, another 21% was the driver, and the rest were third parties.
Uber Usage Statistics
33. Uber made $10 billion across US and Canada in 2021 alone.
In the same timeframe, Lyft made a relatively lower $3.2 billion in sales from both markets.
34. Uber averaged $72 per customer in 2022, up 15% from 2021.
That’s a lot, considering its 93 million user base in the period. In contrast, Lyft approximated $66 per customer and with a smaller user base.
35. Uber operated over 5 billion trips per year in 2022.
That works into a massive 14 million daily trips across 85 countries.
36. There are over 4 million Uber drivers globally.
The US takes about a quarter of the number (at 1 million), with about 209,000 in California per quarter in 2022. Likewise, these drivers average $364 per day.
<p><strong>Please include attribution to vpnAlert.com with this graphic.</strong><br><br><a href="https://vpnalert.com/resources/ridesharing-statistics/" data-wpel-link="internal"><img src="https://vpnalert.com/wp-content/uploads/2023/02/uber-global-drivers-statistics.png" alt="Statistics of Uber Global Drivers" width="768" border="0" height="411.58011049724" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/02/uber-global-drivers-statistics-768x412.png 768w, https://vpnalert.com/wp-content/uploads/2023/02/uber-global-drivers-statistics-300x161.png 300w, https://vpnalert.com/wp-content/uploads/2023/02/uber-global-drivers-statistics-1024x549.png 1024w, https://vpnalert.com/wp-content/uploads/2023/02/uber-global-drivers-statistics.png 1267w" sizes="auto"></a></p>
37. Uber lost $2.4 billion in 2021.
However, this was due to its investment in Didi Global Inc., a Chinese ride-hailing service, rather than making outright losses.
38. Uber launched the UberX carpooling feature in June 2022.
The feature is expected to save user costs by about 20% if paired with another rider on the same route.
39. Uber’s Q3 2022 revenue came in at $83 billion.
This is a 72% year-on-year increase. Lyft recorded a $1.05 billion revenue in the same timeframe, representing a 22% year-on-year growth.
40. Compared to 2019 data, Uber had fewer trips in 2021.
The ridesharing service recorded 6.3 billion trips in 2021, about 600 million less than the 2019 figures. Still, Uber got more revenue (up to 56% more) in 2021 than 2019, amounting to $17.9 billion.
41. 2021 is the only year (so far) where Uber made more from deliveries than mobility.
Q1 2022 also saw equal $2.51 billion in revenue from both service sectors, but mobility took the lead in Q2 through Q3 2022.
42. Uber operates by proxy in countries it is not present in.
For example, it owns a 15% stake in Didi, the Chinese ride-sharing platform, to operate in China. It does the same in Russia with its 37% stake in Yandex Taxi.
Lyft Usage Statistics
43. Lyft had 17.8 million riders in Q1 2022.
The figure grew from 13.7 million in the same timeframe of the previous year.
44. Lyft sold its self-driving sector to Toyota in April 2021.
This $550 million sale follows a similar move from Uber, which “sold” its self-driving division for a stake in the acquiring startup, Aurora Innovations Inc.
<p><strong>Please include attribution to vpnAlert.com with this graphic.</strong><br><br><a href="https://vpnalert.com/resources/ridesharing-statistics/" data-wpel-link="internal"><img src="https://vpnalert.com/wp-content/uploads/2023/02/lyft-self-driving-sector-toyota.png" alt="Lyft Sold Self Driving Sector to Toyota" width="768" border="0" height="411.58011049724" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/02/lyft-self-driving-sector-toyota-768x412.png 768w, https://vpnalert.com/wp-content/uploads/2023/02/lyft-self-driving-sector-toyota-300x161.png 300w, https://vpnalert.com/wp-content/uploads/2023/02/lyft-self-driving-sector-toyota-1024x549.png 1024w, https://vpnalert.com/wp-content/uploads/2023/02/lyft-self-driving-sector-toyota.png 1267w" sizes="auto"></a></p>
45. Lyft made more money in 2019 than it did in 2021.
While Uber only recorded fewer rides (but more money) in 2021 compared to 2019, Lyft had lesser revenue over the two periods. For context, it made $3.61 billion in 2019 and $3.2 billion in 2021.
46. Lyft has never turned a profit as of the end of the year in 2021.
While Uber had a profitable year in 2018, Lyft has never recorded net profits.
Its highest net loss was over $2.6 billion in 2019 but has declined to just under $1.1 billion in 2021.
47. Lyft’s best period by users (so far) is Q4 2019.
In that period, the ridesharing service recorded 22.9 million users globally.
The next-highest quarter by users is also in 2019 (Q3 – 22.3 million users), and the same year wraps up the top three (Q2 2019 – 21.8 million users).
Ridesharing Forecast Statistics
48. There’s been a 12x increment in the ridesharing market from 2017 – 2021.
The market is expected to experience a CAGR of 16.6% from 2021 to 2026.
Thus, growing the revenue from $85.8 billion in 2021 to $185.1 billion in 2026.
49. US and China will account for 65% of the ridesharing market by 2026.
Consumers are also expected to have spent $937 billion on various ridesharing applications by 2026.
50. 13% of ridesharing revenue will come from carpooling services in 2026.
Despite environmental concerns, consumers are willing to pay more to travel alone than save costs to travel with others.
51. Ride-hailing and taxi services are expected to pull in $71.78 billion in 2023.
This figure is also expected to hit $74.91 billion in 2027, growing steadily at a CAGR of 1.07%.
<p><strong>Please include attribution to vpnAlert.com with this graphic.</strong><br><br><a href="https://vpnalert.com/resources/ridesharing-statistics/" data-wpel-link="internal"><img src="https://vpnalert.com/wp-content/uploads/2023/02/ride-hailing-taxi-2023.png" alt="Ride-Hailing and Taxi Income in 2023" width="768" border="0" height="411.58011049724" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/02/ride-hailing-taxi-2023-768x412.png 768w, https://vpnalert.com/wp-content/uploads/2023/02/ride-hailing-taxi-2023-300x161.png 300w, https://vpnalert.com/wp-content/uploads/2023/02/ride-hailing-taxi-2023-1024x549.png 1024w, https://vpnalert.com/wp-content/uploads/2023/02/ride-hailing-taxi-2023.png 1267w" sizes="auto"></a></p>
52. Ride-sharing user penetration is expected to lower between 2023 and 2027.
The 28.4% prediction in 2023 will drop to 28.3% in 2027. Even so, this represents a higher market share since the world population increases yearly. Overall, it amounts to 97.3 million users across all ride-hailing and taxi services in 2027.
53. 73% of all ridesharing sales will be generated online by 2027.
China will be a global driver of this growth, already expected to contribute $130.2 billion in revenue in 2023 alone.
Love In Sharing?
The ridesharing industry stats show that there are bound to be more users of these services, even though most users will not opt for carpooling. On top of that, Uber and Lyft look to keep their lock on the US, North American, and most global markets.
Still, there’s a chance for subtle penetration with unique business models in these markets and beyond. Since there are willing customers, everything is possible.
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