Press release
What’s Driving the Cab Services Market | Top Companies in Current Competition are BMW Group, Didi Chuxing, Daimler, Lyft, Uber, BiTaksi, Cabify, Grab, Gett, GoCatch, Ingogo, LeCab, etc
Cab Services Market
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The Following Cab Services Manufacturers Covered in this Report:
• BMW Group
• Didi Chuxing
• Daimler
• Lyft
• Uber
• BiTaksi
• Cabify
• Grab
• Gett
• GoCatch
• Ingogo
• LeCab
• .…
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.
Growth Factors:
According to the report, one of the major drivers for this market is Growing use of cashless transaction in e-hailing and integration with digital wallets. The cash-based payment system for cab riders has been replaced by in-app payment system, which uses digital wallets. A surge in the smartphone application user base has significantly changed the payment system of cab aggregators. Money is preloaded in digital wallets by cab riders, and the service charge is automatically deducted at the destination point without using a two-way authentication process. The latest trend gaining momentum in the market is Technological developments in taxi market. In April 2016, the world's first self-driving taxi service was launched by Singapore-based nuTonomy, which is an autonomous vehicle software startup. The company started this service with a small fleet of 6 cars during 2016.
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In Americas, US is the major revenue contributor to the market influenced by factors such as business, tourism, and leisure travel. Uber accounts for major market share of the US that provides on-demand for-hire car services through a smartphone app. Additionally, the growing adoption of online cab service companies further supports the growth of the cab booking service market in the region.
Market segment by Type, the product can be split into:
• E-Hailing
• Car Rentals
• Radio Cabs
Market segment by Application, split into:
• Business
• Entertainment
• Advertising
• Others
This report focuses on the global Cab Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cab Services development in United States, Europe and China.
This Cab Services Market Report Provides Comprehensive Analysis:
1. Evolving market trends and dynamics
2. Changing supply and demand scenarios
3. Quantifying market opportunities through market sizing and market forecasting
4. Tracking current trends/opportunities/challenges Competitive insights
5. Opportunity mapping in terms of technological breakthroughs
The study objectives of this report are:
• To analyze global Cab Services status, future forecast, growth opportunity, key market and key players.
• To present the Cab Services development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.
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Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3...
2 Global Growth Trends
2.1 Cab Services Market Size
2.2 Cab Services Growth Trends by Regions
2.2.1...
3 Market Share by Key Players
3.1 Cab Services Market Size by Manufacturers
3.1.1 Global Cab Services Revenue by Manufacturers (2014-2019)
3.1.2...
4 Breakdown Data by Type and Application
4.1 Global Cab Services Market Size by Type (2014-2019)
4.2...
5 United States
5.1 United States Cab Services Market Size (2014-2019)
5.2 Cab Services Key Players in United States
5.3 United States Cab Services Market Size by Type
5.4...
6 Europe
6.1 Europe Cab Services Market Size (2014-2019)
6.2 Cab Services Key Players in Europe
6.3 Europe Cab Services Market Size by Type
6.4...
7 China
7.1 China Cab Services Market Size (2014-2019)
7.2 Cab Services Key Players in China
7.3 China Cab Services Market Size by Type
7.4...
8 Japan
8.1 Japan Cab Services Market Size (2014-2019)
8.2 Cab Services Key Players in Japan
8.3 Japan Cab Services Market Size by Type
8.4...
9 Southeast Asia
9.1 Southeast Asia Cab Services Market Size (2014-2019)
9.2 Cab Services Key Players in Southeast Asia
9.3 Southeast Asia Cab Services Market Size by Type
9.4...
10 India
10.1 India Cab Services Market Size (2014-2019)
10.2 Cab Services Key Players in India
10.3 India Cab Services Market Size by Type
10.4...
11 Central & South America
11.1 Central & South America Cab Services Market Size (2014-2019)
11.2 Cab Services Key Players in Central & South America
11.3...
12 International Players Profiles
12.1 WS Atkins Plc
12.1.1 WS Atkins Plc Company Details
12.1.2 Company Description and Business Overview
12.1.3...
13 Market Forecast 2019-2025
13.1 Market Size Forecast by Regions
13.2 United States
13.3...
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1...
Continue...
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