Where Is the Uber Driver Queue at Lax
What started as a mere idea out of the turmoil of catching a cab, is now famously known as Uber.
In this article, we will be discussing some Uber Statistics 2021 and see how it is impacting the lives of the people across the globe.
Though the birth of the idea happened in Paris 2008, the company itself was established in San Francisco, a year later. Since then, the transportation system has never been the same.
Uber Technologies Inc. offers services like peer-to-peer ridesharing, ride service hailing, bicycle sharing system and also food delivery. It is based on the On-demand app development model.
Uber is mainly renowned for its ridesharing service and has changed the way people use transportation for the better. Finding a cab seemed like a hectic job before the advent of Uber; however, now you can book a cab with a click.
Isn't it what we all were wishing for? An on-demand ridesharing facility!
Uber does not stop at just this but is adamant on launching its Uber air on-demand helicopter service . Moreover, it has recently added eScooter and Dine-in features to its app for the US locals, which will make users all the more engaging on Uber's app. It is expeditiously becoming a one-stop solution, one of a kind app.
Now, we know that Uber has many competitors playing in the same field. So how will we know which is the best bet? For this exact purpose, we have gathered legit Uber statistics 2021 to prove the ever-increasing popularity and demand for Uber.
Also, if you are someone who has been wanting to develop an app similar to Uber, it will be good for you to know some prominent features and Uber growth statistics to make an informed decision then.
The uprising value of Uber cannot be dismissed as a mere coincidence; which is why we have procured some interesting and credible Uber usage statistics from legitimate sources.
These Uber facts and Uber growth statistics will help you get a more lucid view on how this ridesharing, ride-hailing, and food delivery service provider is climbing the stairs to success each year. So, without any further ado, let's buckle up and get onto the ride to the Ube r Facts and Statistics world.
1. Uber's Net Annual Revenue count in 2020 reached $11.1 3 billion
As per Uber Statistics 2020-21, it generated $11.1 billion in 2020, a 21% decrease, due to the coronavirus pandemic shutting down its operations for most of the year. In 2019, the ride-sharing company earned $14.14 billion.
2. Uber completes 1.44 billion trips per quarter.
Uber completes 1.44 billion trips per quarter. The total number of quarterly Uber trips has decreased by 24.21% in 2020 as a result of the pandemic.
3. Gross bookings for 2020 were $57 billion
The Gross bookings for Uber in 20 20 18 were noted to be $ 12 57 billion, a decrease from $65 billion in 2019.
4. Estimated Worth of Uber is $46 billion
A s of April 2020 , Uber was worth around $46 billion in 2020.
This displays the expeditious yet continuous growth of Uber as a ridesharing and ride-hailing service provider.
5. Ridesharing Market Share of Uber is higher than its competitors
Uber market share keeps on changing every year. As of June 2021, the current Uber market share in the US is 68%. One of the biggest Uber competitors in the US, Lyft, ended up owning only 32% in the same month.
However, tracking this industry is not an exact science; it is so because some drivers drive for both Uber and Lyft. And this makes the exact estimation of market share a little misleading.
6. UberEats generated $4.8 billion in revenue
As per latest Uber Success Statistics, Uber started its UberEats service in 2014. It generated $4.8 billion revenue in 2020, a 152 percent increase year-on-year.
7. Uber has an impressive number of active users
According to the latest Uber user statistics , Uber has 93 million monthly active users worldwide. With Uber's expansion to numerous countries, this number will inevitably increase.
8. Uber has 3.9 million drivers around the world
There are 3.9 million Uber drivers globally. Due to the pay, services, facilities, and opportunities provided by Uber, more and more drivers are registering themselves with it each day, hence, increasing this number per year, as per the Uber Newsroom's reports .
9. You can enjoy Uber services in 71 countries and more than 890 cities
If you were wondering how many countries does Uber operates in , then, let us tell you that Uber's services are now available in 890 + cities across 71 countries in the world.
Being a globally accepted and loved service provider company, we can expect it to expand to the rest of the countries in the coming years.
10. Average Cost of Uber for a 5.5-mile ride in 5 states is less than its competitors
As you can see in the graph above, Uber cost estimates are cheaper across the board for the most part and are significantly less expensive than others in some cities.
Although, you should bear it in mind that as per Uber cost estimator, this information is for UberX, which is economical to travel. The pricing for other Uber services, such as UberSELECT, UberXL, or UberBLACK will be more costly.
Between cities like Boston, Chicago, Dallas, Los Angeles, and NYC, we can see that in the first four cities, the estimate Uber cost is between $5 and $20, whereas in NYC it is $30, levelling with its competitors.
So the fact that Uber has been able to offer its services which are better than the competition, at a lower rate, is one of the reasons why it has been so successful.
11. Uber App was installed 95 million times in 2020
Uber is the most downloaded app in the travel category across both iOS & Android. In 2020 alone, the app was installed 95 million times. Lyft, on the other hand, was downloaded 25 million times.
12. UberEats was the most used food delivery service in the US
UberEats was the most used food delivery service in the United States as of April 2021. According to the source, Uber Eats had the highest sales share in Miami, accounting for 55 percent of sales when compared to other meal delivery services.
13. 40.9% of Uber's workforce was Female
According to Statista , Uber has been increasing the gender diversity of its workforce. As of August 2020, there were 59.3 percent male and 40.3 percent female working in the company. The above figures only refer to staff that are employed directly by Uber, and do not include drivers.
This continuous hike in the percentage is evidence of the inclusion of both genders by Uber and shows how opportunities are provided to everyone.
14. The Uber Driver demographic for females is 27%
As compared to the employee percentage of females in Uber, the percentage of female drivers in Uber is 27 %. Though it may not sound like much, however, Uber is slowly and steadily becoming a working domain for all genders, making unrestrained entry for everyone.
15. 18.7 million Uber trips are completed each day globally
Uber has established itself as the major ridesharing service provider not just in the US but globally. This global presence has rendered Uber to reach a huge amount of 18.7 million trips every day adding to Uber's massive annual revenue collection and making it the most successful ridesharing and ride-hailing app.
16. 58.7% drivers primarily drive for Uber exclusively
Uber's business and revenue model is not only based on its riders but also the drivers. So, this makes it highly prominent for Uber to cater not just customers but also take drivers' needs into consideration. Due to their impressive steps towards the inclusion of Driver's needs and their problems into perspective, 58.7% of drivers across the US, as shown in the graph, prefer Uber as their primary platform.
17. 46% of Uber drivers have been there for less than 1 year
As per Uber usage statistics , 46% of Uber drivers have been on the platform for less than a year. This represents the want among the people to work with Uber.
18. 11% of Uber drivers have been there for three years or more
According to Uber driver demographics, there are only 11% of drivers who have been driving for Uber for more or less three years.
19. Uber drivers earned $600 million in tips in the first half of 2018
It doesn't seem preposterous now that Uber drivers asked for the in-app tips feature, is it? Since the addition of this feature, Uber drivers managed to earn $600 million as tips in just the Q4 of 2018.
It has helped a lot of the drivers in receiving a handsome amount of money in exchange for their magnificent services. It also shows that more and more people have started to tip Uber drivers .
20. The Age range of Uber drivers is highly diverse
As per Uber usage stats, t he Uber driver demographic ranges from 18 to 61+ years. Now, the hourly earnings rate may vary slightly depending on numerous conditions. However, here we are only addressing the average rate.
21. Gross hourly earnings of 18 to 30 years old Uber Drivers is $17.98
It is evident from the graph below that drivers of the age group 18- 30 years earn the highest being $17.98 per hour, followed by the age group 31-40 earning $17.17 p/h. Then comes the 41-50 age group with hourly earnings of $16.45. The drivers of 61+ age only make $14.57 per hour. This stat is predicted to change with the increase in the earnings since Uber is becoming popular by the day.
22. Uber processes 22% of its gross mobility bookings in just 5 metropolitan areas
As per Uber cost estimator, this ride-sharing platform processes 22% of all its gross mobility bookings in just 5 metropolitan areas: Chicago, Los Angeles, New York City, São Paulo and London. In 2020, these 5 markets accounted for $5.85 billion in total bookings.
23. Uber users count estimated to reach 539 billion by 2021
As per Uber user statistics, Uber customer demographics is likely to reach 539 billion by the year 2021 seeing the increasing demand for Uber. This number is not going to stop as far as we can see.
24. UberEats gross bookings surpassed $30 billion
A s per the reports , Uber Eats gross bookings surpassed $30 billion in 2020. This statistic is enough to validate the statement that UberEats is going to grow in the coming years.
25. 63% of users in the US exclusively use Uber
As per Uber user statistics 2021, 63% of the ridesharing Uber customer base in the US exclusively use Uber. A further 27% of consumers only book rides through Lyft. Just 10% of US customers use both Uber and Lyft.
26. The most forgotten item in an Uber was the Phone
Uber claimed that the most forgotten item in an Uber was the Phone. For this particular problem, they have come up with many reliable solutions, because it is highly prominent for any organization to build trust in their customers.
27. The average Uber price is $1 per mile across the world
According to Uber ride statistics, t he average price for an Uber ride is estimated to be $1 per mille, which is the standard rate for all the countries Uber serves in. On observing, this price is low as compared to Uber's competitors.
28. 8% of online adults are using Uber at least once a month
It is noted that 8% of the overall online adult demographic use Uber at least once a month. The ever-increasing popularity for on-demand transportation service by Uber customer base is evident by these Uber usage statistics.
29. There are 26,900 employees at Uber
According to Uber, they have approximately 26,900 employees working with them. With the rising popularity and expanding business, this Uber usage stats is bound to rise.
30. Toyota invested $500 million in Uber in 2018
Seeing the rising demand for Uber, Toyota has invested a hefty amount of over $500 million in 2018.
31. 25% of Americans use Uber at least once a month
Now that the US is the home country of Uber, it has a stronghold over the transportation needs and preferences of the users. This is the reason why 25% of Americans use Uber once a month, if not more.
32. Uber Freights earned $359 million in Gross Bookings
As per Uber cost estimator, Uber Freights Gross bookings count is estimated to be $359 million. It goes without saying that this number is bound to increase with its increasing popularity.
33. 84.8% of Uber drivers are 41+ years old
After analyzing the Uber driver statistics mentioned above, we all know that Uber drivers demographic is very dynamic. With that said, it is estimated that 84.8% of drivers are 41+ years old, emphasizing the fact that many people's livelihood depends on Uber.
Frequently Asked Questions (FAQs)
Q. How many trips does Uber do a day?
Ans . To be precise, Uber globally completes over 18.7 million rides per day, as per latest Uber ride statistics. This is a massive number in comparison to Uber's competitors.
Q. How many drivers does Uber have in the US?
Ans. As of 2020, t here were approximately 1 million number of Uber drivers in the US. After witnessing the continued growth of Uber, this count is expected to reach 3 million by the end of 20 21 .
Q. How many people use Uber?
Ans. According to Uber ride statistics , there are 93 million Uber riders globally. With Uber expanding to different countries, this number is likely to increase.
Q. How much taxes do Uber drivers pay?
Ans. According to Uber cost estimator, an Uber driver pays 15.3 percent SECA tax on 92.35 percent of his net self-employment income.
Q. How much is Uber worth?
Ans. If you are wondering how much is Uber worth, well, as of April 2020, Uber was worth around $46 billion in 2020.
Q. What is the estimate Uber cost for a 5.5-mile ride?
Ans. The Uber estimate fare is between $5 and $20 in cities like Boston, Chicago, Dallas, Los Angeles, and NYC.
Q. What cities do Uber drivers make the most money?
Ans. Among others, there are three cities in total where Uber drivers make s the most money, which are- San Francisco, New York, and San Jose.
Q. How many people work for Uber?
Ans. According to Uber estimates, they have approximately 26,900 employees working with them.
Q. How many people are likely to use Uber by the end of 2021?
Ans. According to Uber estimates, Uber customer demographics is likely to reach 539 billion by the year 2021.
Final Note
Once you go through these Uber statistics 2021, you would find yourself convinced of the rising splendour of Uber globally. While the popularity of the ride-sharing industry's leader is majorly owed to its activeness in making its services reliable and safe, convenient features that it comes adorned with always plays a major role in shaping its growth story.
Do you wish to join the growth trend Uber is on? Know how much Uber like app development would cost you and the reason behind Uber success. You can also contact a reputed travel app development company to create an app like Uber.
Sudeep Srivastava
DIRECTOR & CO-FOUNDER
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Where Is the Uber Driver Queue at Lax
Source: https://appinventiv.com/blog/uber-statistics/
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