The global taxi market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. The market has been evolving, and developing in the past few years owing to the presence of very active market players who have been contributing to the market with their innovative strategies and competitiveness. There are several key market players which have been contributing to the market for years. These market players are:
1. DiDi Global Inc.: It is a Chinese company that has been generating the largest revenue in the market. It offers a wide range of app-based services across markets including Asia-Pacific, Latin America, and Africa, including ride-hailing, taxi-hailing, chauffeur, hitch, and other forms of shared mobility as well as auto solutions. Recently, in November 2020, the company launched the D1, a purpose-built electric vehicle for shared mobility, in cooperation with BYD, an electric vehicle manufacturer.
2. Uber: It is a US-based company founded in 2009. It is a key market player in mobility as a service provider in North America, and the Europe region. The company operates in approximately 72 countries and 10,500 cities, globally. Recently, in October 2020, Uber launched two new commute-specific services in a bid to help businesses support their employees’ daily commute. The new services are ‘Employee Group Rides’, which will enable employees from the same organisation to book rides together to travel to work, and ‘Business Charter’, where companies can reserve a dedicated fleet of vehicles provided by third-party fleet partners for their employees and customers.
3. ANI Technologies Pvt Ltd (Ola): It is an India-based company, founded in 2010. The company has recently expanded its services to Australia, the UK, and New Zealand. Recently, in Fabruary 2020, Ola was launched in London. The platform was fully operational with three categories: Comfort, Comfort XL and Exec ride classes. Ola had over 25,000 drivers registered on the platform, bringing scale to its London offering immediately.
4. Roppen Transportation Services Pvt Ltd (Rapido): Also known as Rapido is a new company launched in 2015. It has ignited the competition in the market via providing two-wheeler taxis which cost fairly lower than usual taxis. In Favruary 2021, the company launched a bike Rental service in six Indian cities namely Bangalore, Hyderabad, Chennai, Delhi-NCR, Kolkata and Jaipur.
Browse the full report description of “Global Taxi Market Size, Share & Trends Analysis Report by Booking Type (Online Booking, and Offline Booking), by Service Type (Ride-Hailing, and Ride-Sharing), and by Vehicle Type (Two-Wheeler, Three Wheeler, and Four Wheeler) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/taxi-market
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Booking Type
o By Service Type
o By Vehicle Type
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including ANI Technologies Pvt Ltd (Ola), BlaBlaCar, DiDi Global Inc., Lyft, Inc., Uber, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Taxi Market Report Segment
By Booking Type
By Service Type
By Vehicle Type
Global Taxi Market Report Segment by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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