- March 9, 2021
- Category: Automotive, Logistics and Transportation, Smart Transportation
Global Taxi Market Size study, By Booking Type (Online Booking, Offline Booking), By Service Type (Ride Hailing ,Ride Sharing) and Regional Forecasts 2021-2027
Chapter 1.Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Taxi Market, by Region, 2019-2027 (USD Billion) 1.2.2. Taxi Market, by Service type , 2019-2027 (USD Billion) 1.2.3. Taxi Market, by booking type, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Taxi Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Taxi Market Dynamics 3.1. Taxi Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 126.96.36.199. Expansion in demand for ride-hailing and ride-sharing administrations. 188.8.131.52. Ascend in cost of vehicle possession. 3.1.2. Market Challenges 184.108.40.206. Government regulations on taxi services. 3.1.3. Market Opportunities 220.127.116.11. Development of robot- taxies. 18.104.22.168. Emergence of eco-friendly electric cab services . Chapter 4. Global Taxi Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Taxi Market, by Service 5.1. Market Snapshot 5.2. Global Taxi Market by Service, Performance - Potential Analysis 5.3. Global Taxi Market Estimates & Forecasts by Service 2018-2027 (USD Billion) 5.4. Taxi Market, Sub Segment Analysis 5.4.1. Ride Hailing 5.4.2. Ride Sharing Chapter 6. Global Taxi Market , By Booking Type: 6.1. Market Snapshot 6.2. Global Taxi Market by Booking, Performance - Potential Analysis 6.3. Global Taxi Market Estimates & Forecasts byBooking 2018-2027 (USD Billion) 6.4. Taxi Market, Sub Segment Analysis 6.4.1. Online Booking, 6.4.2. Offline Booking Chapter 7. Global Taxi Market, Regional Analysis 7.1. Taxi Market, Regional Market Snapshot 7.2. North America Taxi Market 7.2.1. U.S. Taxi Market 22.214.171.124. Service breakdown estimates & forecasts, 2018-2027 126.96.36.199. Booking breakdown estimates & forecasts, 2018-2027 7.2.2. Canada Taxi Market 7.3. Europe Taxi Market Snapshot 7.3.1. U.K. Taxi Market 7.3.2. Germany Taxi Market 7.3.3. France Taxi Market 7.3.4. Spain Taxi Market 7.3.5. Italy Taxi Market 7.3.6. Rest of Europe Taxi Market 7.4. Asia-Pacific Taxi Market Snapshot 7.4.1. China Taxi Market 7.4.2. India Taxi Market 7.4.3. Japan Taxi Market 7.4.4. Australia Taxi Market 7.4.5. South Korea Taxi Market 7.4.6. Rest of Asia Pacific Taxi Market 7.5. Latin America Taxi Market Snapshot 7.5.1. Brazil Taxi Market 7.5.2. Mexico Taxi Market 7.6. Rest of The World Taxi Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. Curb Mobility 188.8.131.52. Key Information 184.108.40.206. Overview 220.127.116.11. Financial (Subject to Data Availability) 18.104.22.168. Product Summary 22.214.171.124. Recent Developments 8.2.2. FREE NOW 8.2.3. Gett 8.2.4. Gojek Tech 8.2.5. Grab 8.2.6. Lyft, Inc. 8.2.7. Maxi Mobility Spain, S.L. 8.2.8. Nihon Kotsu Co., Ltd. 8.2.9. Uber Technologies Inc. 8.2.10. Yandex Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global Taxi Market is valued approximately USD 53.67 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12.30 % over the forecast period 2021-2027 There is serious competition between customary taxi organizations and ride-flagging down administrations since there is a flood of new organizations entering the market around the world. Organizations giving ride-hailing administrations are moving from giving conventional taxi administrations to administrations that can be reserved through applications (for example ride pooling), which makes the interaction more straightforward for clients than any time in recent memory.. Expansion in demand for ride-hailing and ride-sharing administrations, and ascend in cost of vehicle possession has led the adoption of taxi across the forecast period. London’s dark taxis have a huge compartment adjacent to the driver for putting away sacks, while numerous armadas of customary cabs additionally incorporate wheelchair available cabs among their numbers. Despite the fact that cabs have customarily been vehicles, minivans, hatchbacks and even SUV cabs are getting progressively normal. In numerous urban communities, limousines work too, normally in contest with taxis and at higher passages. In the Ride-hailing & Taxi segment, the number of users is expected to amount to 331.2m users by 2025.User penetration is 21.7% in 2021 and is expected to hit 22.9% by 2025. There are 2,026,478 people employed in the Taxi & Limousine Services industry in the US as of 2021The number of people employed in the Taxi & Limousine Services industry in the US increased 21.1% on average over the five years between 2016 and 2021. The point of the visit was to spread information about environmental protection. However, improvement in public transportation and changing unofficial laws on taxi administrations in various nations impedes the growth of the market over the forecast period of 2021-2027. Also, development of robo-taxies and emergence of eco-friendly electric cab services is likely to increase the market growth during the forecast period.
The regional analysis of global Taxi market is considered for the key areas, such as, Asia Pacific, North America, Europe, Latin America and Rest of the World, North America is the leading region across the world due to the developing need of speedy methods for transportationis becoming a reasonable and affordable means for taxi service market. Factors such as interest for elective transportation, quick urbanization, and digitization would make rewarding development possibilities for the Taxi market across Asia-Pacific district.
Major market player included in this report are:
Maxi Mobility Spain, S.L.
Nihon Kotsu Co., Ltd.
Uber Technologies Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Booking Type:
By Service Type
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Taxi Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers