The mobile ride share industry generated $3.3 billion in the United States in 2015 according to Juniper Research. That $3.3 billion is likely to almost double by 2020 as it expands into new cities and other players emerge to capture some of the pie.
Ride-sharing brands will see revenues grow to an estimated $6.5 billion within four years, with college students and young professionals making up to 66% of all ride sharing industry.