The report " Global Taxi Market, By Booking Type (Online Booking, and Offline Booking), By Service Type (Ride-Hailing, and Ride Sharing), Vehicle Type (Motorcycle, Cars, and Other Vehicle Types) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”.
Key Market Insights from the report:
The global taxi market accounted for US$ 256.34 billion in 2020 and is projected to register a moderate CAGR of 9.3% over the forecast period. The market report has been segmented on the basis of booking type, service type, vehicle type and region.
- Based on booking type, online booking is projected to lead the market over the forecast period due to information, like tracking the driver’s location, pre-estimated ride fare, driver contact, and vehicle details, all available within an app at a short time has further increased the customer preference more toward the online booking option.
- Based on service type, the global taxi market is segmented into ride-hailing, and ride-sharing.
- Based on vehicle type, the car is projected to lead the market due to its convenient service.
- Based on the region, the Asia-Pacific region has been increasing rapidly, owing to the rapid adoption rate of ride-sharing service among customers, in countries, like Vietnam, India, China, and Singapore. Thus, to capture the growing taxi market in the countries, foreign players, like Ola, Uber, and Didi Chuxing are launching and expanding their existing services in the market.
To know the upcoming trends and insights prevalent in this market, click the link below:
Links:
https://www.prophecymarketinsights.com/market_insight/Global-Taxi-Market-By-Booking-4122
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