A flurry of ride-hailing apps have launched in the past decade, all with their unique USPs. This market is ripe for growth and offers a great opportunity for new players to pave their way to success.

The following infographic from FATbit Technologies offers useful insights into the current state of the ride-hailing market, the dominant players, their business model and the essential features necessary to launch a successful ride-hailing mobile app.

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Ride Hailing Market Trends and Business Opportunities

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Irma Wallace

Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders' Zone, a construction / home improvement portal.