Market Survey : Global Cab Services Market to grow at a CAGR of 8.46% during 2017-2021

A cab or taxi service is a type of vehicle for hire with a driver, used by a single or small group of passengers on either sharing or non-sharing basis. The passenger hires a taxi for a defined route, which is pre-decided by the customer passenger. The taxi cab conveys passengers between locations of their choice. The cab service differs from other modes of public transport, where the pick-up and drop-off service locations are determined by the service provider and not by the passenger.

The global cab services market to grow at a CAGR of 8.46% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global cab services market for 2017-2021 . To calculate the market size, the report considers the revenue generated by different cab operators from passenger customers that hire various cab services for different routes. These cab services include e-hailing, car rental, radio cabs, and offline unorganized cabs.

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Technavio's report, Global Cab Services Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BMW Group
- Didi Chuxing
- Daimler
- Lyft
- Uber

Other prominent vendors
- BiTaksi
- Cabify
- Grab
- Gett
- GoCatch
- Ingogo
- LeCab
- Ola

Market driver
- Growing use of cashless transaction in e-hailing and integration with digital wallets
- For a full, detailed list, view our report

Market challenge
- Threat from regional cab service providers
- For a full, detailed list, view our report

View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-cab-services-market-2017-2021-report.html/toc

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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