Uber in the trillion dollar market

Good day to all! Relatively recently, I came across an interesting article on NextBigFuture , where the facts that Uber covers much larger areas than taxis and “car sharing” are given. A brief extract from that material was quite well sold out from my @Groks channel in Telegram. I hope this information will also be of interest to GeekTimes audience.

According to Columbia University, 9,000 Uberov drone can fully meet the needs of New Yorkers in a taxi. Estimated arrival time - 36 seconds. Cost - half a dollar a mile. On such conditions, using such a service becomes more profitable than buying your own car.
')
Uber is estimated at $ 41 billion. With an average car cost of $ 25,000, the company needs only $ 4.3 billion to replace the 171,000 taxis in the United States.


To date, there are about 3.5 billion car owners in the world. In the long term, PwC predicts a 99% reduction in the national fleet. In 2015, about 73 million passenger cars were produced.

The most piquant thing is that, in addition to the auto industry, this will affect the 100-million auto loan industry, the 200-billion auto insurance sector, the 100-billion parking market, and the 300-billion secondary auto market.

I remembered how in 2007 Steve Jobs said that if the iPhone takes up 1% of the market, then it will be good. And Uber despite billions in losses can hardly be called a bubble. It's not just about taxis. The guys from Goldman Suchs and others know how much they can scrape together with friends and what they are throwing off. The only question is in the set terms and technologies. Terribly interesting result.

Many thanks to all for your attention.