Global Taxi Dispatch Software Market is valued USD 199 million in 2016 is anticipated to grow USD 723 million with the compounded annual growth of 17.5% over the forecast period 2018-2025.
New York 12 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Taxi Dispatch Software market industry is poised to raise USD 723 million by 2025. The surge for convenient and smarter tool that facilitate public transport is the major factor driving the growth of the Global Taxi Dispatch Software Market. Furthermore, rapidly increasing smartphone user, increasing awareness amongst the end users, increasing popularity of e-commerce industry are aiding to the growth of the market. Taxi Dispatch Software facilitate dispatching of taxicabs. It can either be used to send messages to the dispatch via a mobile data terminal (MDT) and to store and retrieve data. The advantages of using a taxi dispatch software includes, convenient way of taxicab booking, faster response time, facilitate availability of taxicab in remote locations, cashless transaction through debit/credit cards and UPI app, anytime availability of taxicab. Now the recent advancement in the software facilitate customers safety and online monitoring of the cab.
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The industry is seeming to be fairly competitive. Some of the leading market players include ICabbi, Cab Startup, Autocab, Taxify, Gazoop, Taxi Mobility, JungleWorks, Cab Hound, DDS, Sherlock Taxi, Quantum Inventions (QI), MTData, Elluminati, EasyDEV and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The North American region accounted for the significant market share, more than XX% of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025
Bizwit Research & Consulting LLP has considered following segments for the study:
- Cloud Based
- Web Based
By Organization Size:
- Large Enetrprises
- North America
- Asia Pacific
- Latin America
- Rest of the World