Uber's revenue by region 2017-2023
In 2023, Uber Technologies generated over 27 billion U.S. dollars in revenue from its operations in the United States and Canada. The company's revenue has grown in all regions, but the Europe, Middle East, and Africa region has experienced particularly strong year-on-year growth. The mobile transportation network company had more than 150 million monthly users all over the world at the end of that year.
Uber leads global ride-hailing market
As of 2022, Uber has a 25 percent market share for ride-hailing globally, making it the largest player ahead of competitors such as Lyft. This dominance is reflected in its financial performance, particularly in its mobility segment. Uber Technologies generated a revenue of approximately 20 billion U.S. dollars from its mobility segment, which includes its ride-sharing operations which constructs the biggest portion of company’s revenue. The company’s growth is a part of a trend in the ride-sharing market, which is projected to grow by more than 40 percent from 2023 to 2028, reaching an estimated market value of 216 billion U.S. dollars.
Uber tops U.S. mobility service brand awareness
Furthermore, the San Francisco-based company is the most well-known mobility service provider in the United States. Uber is known by 89 percent of respondents in the United States. Another California-based company, Lyft, comes in second place on this list.
