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Clarification:
Are we taking about the ride share trip that are paid and on the aggregator platforms? Or just about any ride share/car pool? Answer: Only paid one on the platforms
Can I assume that we are looking to get this information for a weekday? Answer: Yes
Ride share trips daily = Total ride share trips in tier 1 cities + Total ride share in the rest of the country
Total US population: 400 MM
Assuming that is equally split between groups of 1-10, 11-20 etc.
Now the people who use such apps are supposed to be 18+, so we are left with
Age bracket | Population | Eligible to sign up on the app | % signed up | Signed up on the app |
0-10 years | 50 MM | 0 | na |
|
11-20 years | 50 MM | 10 MM | 80% | 8 MM |
21-30 years | 50 MM | 50 MM | 60% | 30 MM |
31-40 years | 50 MM | 50 MM | 50% | 25 MM |
41-50 years | 50 MM | 50 MM | 40% | 20 MM |
51-60 years | 50 MM | 50 MM | 20% | 10 MM |
61-70 years | 50 MM | 50 MM | 10% | 5 MM |
71-80 years | 50 MM | 50 MM | 0% | 0 |
|
|
| Total: | 98 MM ~ 100 MM |
Of the 100 MM users who are on the app, assume that 30% are from tier 1/big cities.
Since the office goers in the age of 21-40 are frequent users of the cabs in bigger cities, I have assigned the % of the cab users based on their demographics and where they live
Below are the calculations for tier 1 cities vs the rest of the country
Age bracket | Tier 1 split @ 30% | People using Cab ride on a given day Tier 1 | People using shared ride/pool option |
0-10 years |
|
|
|
11-20 years | 2.4 MM | @20% = 0.48 MM | @70% ~ 0.35 MM |
21-30 years | 9 MM | @50% = 4.5 MM | @50% ~ 2.25MM |
31-40 years | 7.5 MM | @40% = 3 MM | @40% ~ 1.2 MM |
41-50 years | 6 MM | @30% = 1.8 MM | @20% ~ 0.36 MM |
51-60 years | 3 MM | @10% = 0.3 MM | @10% ~ 0.03 MM |
61-70 years | 1.5 MM | @5% = 0.075 MM | 0 |
71-80 years |
|
|
|
Total | 30 MM | ~ 10 MM | ~ 4 MM |
Due to number of people going in the same direction being lesser for smaller cities/town, the shared ride may not be available or a popular option
Age bracket | Tier 2 split @ 70% | People using Cab ride on a given day Tier 2 | People using shared ride/pool option |
0-10 years |
|
|
|
11-20 years | 5.6 MM | @10% =0.56MM | @30% ~ 0.17 MM |
21-30 years | 21 MM | @25% = 5.25 MM | @30% ~ 2.25 MM |
31-40 years | 17.5 MM | @20% = 3.5 MM | @30% ~ 1.05 MM |
41-50 years | 14 MM | @15% = 2.1 MM | @20% ~ 0.42 MM |
51-60 years | 7 MM | @5% = 0.35 MM | @0 = 0 |
61-70 years | 3.5 MM | @0% = 0 |
|
71-80 years |
|
|
|
Total | 70 Mm | ~12 MM | ~ 4 MM |
So including Tier 1 city shared rides and rest of the US shared rides, we arrive at 8 MM shared rides daily
That seems like a reasonable number, considering 2 people on an average taking a shared ride, so a total of 16 MM people in the US taking cab/taxi service everyday
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