How big is the Indonesia Ride Hailing Market?

The Indonesia Ride Hailing Market size is expected to reach USD 2.88 billion in 2024 and grow at a CAGR of 8.80% to reach USD 4.83 billion by 2029. Read More

What is the current Indonesia Ride Hailing Market size?

In 2024, the Indonesia Ride Hailing Market size is expected to reach USD 2.88 billion. Read More

Who are the key players in Indonesia Ride Hailing Market?

Grab Holdings Inc., PT Gojek, Uber Technologies Inc., Traveloka and Adi Sarana Armada Tbk are the major companies operating in the Indonesia Ride Hailing Market. Read More

What years does this Indonesia Ride Hailing Market cover, and what was the market size in 2023?

In 2023, the Indonesia Ride Hailing Market size was estimated at USD 2.63 billion. The report covers the Indonesia Ride Hailing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Indonesia Ride Hailing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key factors driving the growth of the Ride-Hailing Market in Indonesia?

Key factors driving the Ride-Hailing Market in Indonesia include a) Increasing smartphone penetration b) Growing urban population c) Need for convenient transportation solutions Read More

What are the key factors driving the growth of the Ride-Hailing Market in Indonesia?

Key factors driving the Ride-Hailing Market in Indonesia include a) Increasing smartphone penetration b) Growing urban population c) Need for convenient transportation solutions Read More

Indonesia Ride Hailing Market Share

Statistics for the 2023 & 2024 Indonesia Ride Hailing market share, created by Mordor Intelligence™ Industry Reports. Indonesia Ride Hailing share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Indonesia Ride Hailing Industry

The market is moderately fragmented as the players in Indonesia have a high market share compared to the overall region. UBER, Grab, Gojek, and other players have a prominent share in Indonesia’s ride-hailing market.

The ride-hailing service providers in Indonesia have strategically shifted their brands’ direction by prioritizing the quality and safety of passengers and vehicles, followed by other features.

In October 2023, GoTo Group raised USD 150 million through a convertible bond sale led by the World Bank's International Finance Corp. This financial boost aims to enhance the Indonesian company's cash reserves as it pursues profitability in the ride-hailing and e-commerce industries.
In September 2023, Indonesian ride-hailing and delivery giant Gojek partnered with one of the nation's primary commuter railway operators. This collaboration allows Gojek's super-app users to conveniently access a comprehensive range of local transportation services.