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

Report Code: PMI412220 | Publish Date: March 2024 | No. of Pages: 160

Global Taxi Market By Booking Overview

A taxi or cab is a type of vehicle for hire, with a driver, used by a single passenger or small group of passengers, often for a non-shared ride. A taxi conveys passengers between locations of their choice. This service differs from other modes of public transport, where the pick-up and drop-off locations are determined by the service provider, and not by the passenger.

Global Taxi Market By Booking Dynamics

Government initiative towards customer safety has added tremendous growth to the market. Reduced taxi fare and ease of booking through mobile apps are the major factors that have driven the online booking. With the advent of e-hailing taxi applications, such as Uber, Lyft, Ola, etc., taxi services have been one of the game-changing innovations of the transportation sector. Additionally, 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 towards cabs. Moreover, technological advancements have played a significant role in shaping the taxi ecosystem and we now live in an era where a customer can use a taxi app to book their next ride within seconds. However, safety is a major concern due to which people are more focused on driving their own vehicle. Alternatively, increase the growth of the economy in developing countries also one of the major restraint limits the growth of the market.

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Global Taxi Market By Booking Segmentation

The Taxi market is segmented based on booking type, service type, vehicle type and region.

Based on the booking type, the taxi market is segmented into online booking and offline booking. Ease of booking through mobile applications and online websites has significantly attracted customers to prefer online booking over offline booking, owing to the increasing usage of internet and smartphones by people, across the world. Based on service type, the global market is segmented into ride-hailing, and ride-sharing. Based on vehicle type, the global market is segmented into a motorcycle, cars, and other vehicle types.

Regional Insights:

Based on the region the Taxi market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts highest revenue share to the Taxi market due to convenient service and advancement in technological increase the growth of the market. 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.

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Taxi Market, By Booking Type:

  • Online Booking
  • Offline Booking

Taxi Market, By Service Type:

  • Ride-Hailing
  • Ride Sharing

Taxi Market, By Vehicle Type:

  • Motorcycle
  • Cars
  • Other Vehicle Types

Taxi Market, By Region:

  • North America
        • North America Taxi Market, By Booking Type
        • North America Taxi Market, By Service Type
        • North America Taxi Market, By Vehicle Type
        • North America Taxi Market, By Region
          • U.S.
          • Canada
      • Europe
        • Europe Taxi Market, By Booking Type
        • Europe Taxi Market, By Service Type
        • Europe Taxi Market, By Vehicle Type
        • Europe Taxi Market, By Region
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Taxi Market, By Booking Type
        • Asia Pacific Taxi Market, By Service Type
        • Asia Pacific Taxi Market, By Vehicle Type
        • Asia Pacific Taxi Market, By Region
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
        • Latin America Taxi Market, By Booking Type
        • Latin America Taxi Market, By Service Type
        • Latin America Taxi Market, By Vehicle Type
        • Latin America Taxi Market, By Region
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Taxi Market, By Booking Type
        • Middle East & Africa Taxi Market, By Service Type
        • Middle East & Africa Taxi Market, By Vehicle Type
        • Middle East & Africa Taxi Market, By Region
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Taxi Market By Booking Key Players

The key players operating the Taxi market include Uber Technologies Inc., Lyft Inc., Didi Chuxing, GarbTaxi Holdings PTE Ltd, and ANI Technologies Pvt Ltd. (Ola). Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the Booking Types to gain a competitive edge in the target market. For instance, in 2018, the Toyota Motor Corporation announced to invest USD 500 million in Uber technologies, to develop self-driving cars, and aims to deploy them in Uber ride-sharing network by 2021.

Global Taxi Market By Booking Company Profile

  • Uber Technologies Inc.
    • Company Overview 
    • Booking Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business strategies
  • Lyft Inc.
  • Didi Chuxing
  • GarbTaxi Holdings PTE Ltd
  • ANI Technologies Pvt Ltd (Ola)

 “*” marked represents similar segmentation in other categories in the respective section

Global Taxi Market By Booking Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Taxi Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Booking Type
      • Market Snippet, By Service Type
      • Market Snippet, By Vehicle Type
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Booking Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Offline Booking
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Online Booking
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Market Segmentation, By Service Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Ride Hailing
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Ride Sharing
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Market Segmentation, By Service Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Motorcycle
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Cars
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Other Vehicle Types
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Booking Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Service Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Vehicle Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Region, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Booking Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Service Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Vehicle Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Region, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Booking Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Service Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Vehicle Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Region, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Booking Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Service Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Vehicle Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Region, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Booking Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Service Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Vehicle Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Region, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
    •  
      • Uber Technologies Inc.
        • Company Overview
        • Booking Type Portfolio
        • Key Highlights
        • Financial Performance
        • Business strategies
      • Lyft Inc.
      • Didi Chuxing
      • GarbTaxi Holdings PTE Ltd
      • ANI Technologies Pvt Ltd (Ola)
  11. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Taxi Market report segments the market been segmented on the basis of booking type, service type, vehicle type and region.

Government initiative towards customer safety has added tremendous growth to the market.

North America accounts highest revenue share to the Taxi market

The leading players operating in the Taxi Market includes Uber Technologies Inc., Lyft Inc., Didi Chuxing, GarbTaxi Holdings PTE Ltd, and ANI Technologies Pvt Ltd.