The global taxi market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. This Taxi Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under each industry sector. Future development visions and a wide range of subjects are covered in this Taxi Market study report. All this crucial data greatly assists key players to establish their presence in the competitive market. It verifies and revalidates the knowledge provided in this global Market report. It also allows several organizations to learn more about a range of opportunities already available in the market and makes aware to firms about upcoming opportunities too. It ensures several firms to attain a long-standing business success by capturing all of the latest updates about market growth. Most important participants are able to employ such report as a great resource to attain a competitive advantage over the cut-throat market.
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The online booking segment is anticipated to grow at a considerable CAGR in the market during the forecast period owing to the growing internet penetration across the globe. With easy access to the internet, people have been inclining more and more on online purchases, and bookings in the past few years. This has also grown the taxi market as it reduces the effort to find a taxi at an affordable price. Most non-local people use these apps to travel for reaching their destination without any trouble. As per the annual report of Uber 2021, Gross Bookings reached $25.9 billion which grew by 51% year-over-year the growth also benefitted from the decline in 2020 due to COVID-19, which has also boosted online booking to avoid the crowd.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Taxi Market Report Segment
By Booking Type
- Online Booking
- Offline booking
By Service Type
- Ride-Hailing
- Ride-Sharing
By Vehicle Type
- Two-Wheeler
- Three-Wheeler
- Four-Wheeler
Global Taxi Market Report Segment by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global taxi market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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