Is There Room For Another Ride-Sharing App in a Market Dominated by Uber & Lyft?

The ride-hailing industry is booming, but with giants like Uber and Lyft at the wheel, is there space for a new player? Is the market truly saturated? People might have complained that the market is saturated with enough taxi booking apps. Then why do new applications keep entering the market and how are they earning revenue? According to Business of Apps, the taxi app market size is expected to be $283 billion by 2028. Have you encountered any pain points with Uber or Lyft that a new app could address? What can a new app offer that Uber and Lyft don't? Share your thoughts!