Press release
Global Online Taxi Services Market 2023-2032 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies Ola (ANI Technologies Private Limited), Uber India Systems Private Limited, Lyft Inc., Didi Chuxing, GrabTaxi Holdings Pte Ltd
As per the Online Taxi Services market report by The Business Research Company, Rising internet penetration drives the demand for the online taxi service market. The availability of high-speed internet connectivity and the convenience associated with using online services is shifting consumer preferences towards online taxi services. According to the Internet World Stats, the number of internet users increased from 4,208 million to 4,833 million in June 2020. Furthermore, internet users in India are expected to grow from 636.73 million in 2019 to 974.86 million by the end of 2025. A growing number of internet users with smartphones now have taxi services at their fingertips that give the drivers' details and location and benefit the user, thereby fuelling the demand for the online taxi services market.The global online taxi services market size will grow from $34.82 billion in 2022 to $38.54 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global online taxi services market size is expected to grow to $56.37 billion in 2027 at a CAGR of 10.0%.
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https://www.thebusinessresearchcompany.com/report/online-taxi-services-global-market-report
Major competitors in the Online Taxi Services market include Ola (ANI Technologies Private Limited), Uber India Systems Private Limited, Lyft Inc., Didi Chuxing, GrabTaxi Holdings Pte Ltd., Carzonrent (India) Private Limited, Mega Cabs Private Limited, Meru Mobility Tech Private Limited, and Savaari Car Rentals Private Limited.
The Online Taxi Services market is segmented -
• By Service Type: Ride-Hailing, Ride Sharing
• By Vehicle Type: Motorcycles, Cars
• By Payment Mode: Online, Cash
• By Ride Type: Individual, Car Pool/ Share
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Online Taxi Services market.
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Online taxi services refer to transportation and travel service that are provided by digital middlemen who act as a link between customers and taxi drivers, either through a mobile platform, GPS-enabled applications, or radio signals. They are mainly engaged in providing passenger transportation by taxi that is booked using a mobile application.
The Table Of Content For The Online Taxi Services Market Include:
1. Executive Summary
2. Online Taxi Services Market Characteristics
3. Online Taxi Services Market Trends And Strategies
4. Online Taxi Services Market - Macro Economic Scenario
5. Online Taxi Services Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Online Taxi Services Market
29. Online Taxi Services Market Future Outlook and Potential Analysis
30. Appendix
The "Global Online Taxi Services Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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