LONDON -

At a time when ridesharing services are expanding more and more each day — Uber outpaces all other companies.

That's according to new study findings from the ABI Research firm on the strength of today’s leading ridesharing providers across the globe.

The company announced last week that Uber ranks No. 1 in a competitive assessment attached to its recent Global Ridesharing Vendors report, which took a look at market share, innovation programs, strategies and geographical reach.

Meanwhile, the Chinese ride-sharing Didi Chuxing takes the second-place spot, followed by the third-ranked Singapore-based technology company, Grab. And in fourth place, Lyft of San Francisco.

According to the assessment, Uber outpaces its competitors when it comes to the company’s global scale and investment in innovation.

“Where Uber really leads the market is in innovation,” ABI Research said in a news release.

“Uber has been at the forefront of innovation in the ridesharing industry since its inception in 2011, through its development of the surge-demand pricing model, its application of trip optimization techniques and its development of in-house driverless services.”

Along with customer satisfaction, ABI said that it examined each company's number of monthly active users and the average net revenue per user.

“Overall, the results showed that Uber is still the clear global ridesharing market leader," the company said. “However, there are numerous players such as Didi Chuxing, Grab, Lyft, Careem and others that have clearly well-established regional services.

"Developing their local mobility platforms into other on-demand services and mobility modes should be next. Where these companies significantly lagged Uber was in their global scale and investment in innovation."