Saudi Arabia Ride-Hailing Services Market Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Government-led economic reforms, increased female workforce participation, and rising demand for flexible employment are propelling the rapid growth of Saudi Arabia's ride-hailing services market. According to the latest report by IMARC Group, The Saudi Arabia ride-hailing services market size reached USD 1.35 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 6.54 Billion by 2033, exhibiting a growth rate (CAGR) of 19.20% during 2025-2033.
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Saudi Arabia Ride-Hailing Services Industry Trends and Drivers:
The Saudi Arabia ride-hailing market has grown quickly in recent years. This growth comes from urbanization, more smartphone use, and a young, tech-savvy population. Companies like Uber and Careem lead the market with convenient and affordable rides that fit local needs. The government’s Vision 2030 initiative has helped by promoting digital change and reducing the need for private cars. A key trend is using advanced technologies. For example, AI-powered route optimization and cashless payments improve the user experience and efficiency. The rise of female drivers after the 2018 driving ban lift has also broadened the workforce and customer base. Sustainability is gaining ground, with electric vehicles (EVs) and hybrids aligning with Saudi Arabia’s green goals.
Another trend is the expansion of services beyond traditional ride-hailing. This includes bike-sharing, carpooling, and luxury options to meet different consumer needs. Local players like Jeeny and Kaiian are also increasing competition with good prices and culturally tailored services. Regulatory support, such as easier driver licensing and better safety standards, has boosted industry growth. Partnerships with public transport systems are closing first- and last-mile gaps, making ride-hailing vital for urban mobility. As demand for on-demand rides increases, companies are investing in customer loyalty programs and subscription models to keep users. With ongoing innovation and strategic partnerships, the Saudi ride-hailing market is set for continued growth, changing how people commute in the Kingdom.
Saudi Arabia Ride-Hailing Services Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Saudi Arabia ride-hailing services market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
The report has segmented the market into the following categories:
Vehicle Type Insights:
Two-Wheeler
Three-Wheeler
Four-Wheeler
Others
Service Type Insights:
E-hailing
Car Sharing
Car Rental
Others
Payment Method Insights:
Cash
Online
Location Type Insights:
Urban
Rural
End User Insights:
Personal
Commercial
Regional Insights:
Northern and Central Region
Western Region
Eastern Region
Southern Region
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Key highlights of the Report:
Market Performance (2019-2024)
Market Outlook (2025-2033)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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