According to Value Market Research, the global on-demand taxi booking app market will expand with growing smartphone users, growing awareness about its advantages among drivers, and increasing mobility needs. On-demand taxi booking app overcomes the traditional ways of looking for taxis or passengers like waving for taxis, prolong waiting time, and low or unfair ride charges. These apps come with several more benefits, which bring customer satisfaction and enlightening service delivery, such as increased visibility, smooth journey, real-time tracking of location, and collecting valuable customer information, monitoring efficiency, and increased profits. However, low smartphone users, lack of awareness among drivers, and inability to operate the app in rural or semi-urban areas are several factors to hinder the market growth.
The major players in the on demand taxi booking app market include AgileInfoways Pvt. Ltd., Elluminati Inc., Cypherox, Emizen Tech Pvt Ltd, mizen Tech Pvt Ltd., Hyperlink InfoSystem, Metizsoft Solutions Private Limited.
On Demand Taxi Booking App Market Segmentation
By App Type
- Passenger App
- Driver App
- Admin Panel
By Platform
- Android
- Desktop
The on demand taxi booking app market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/on-demand-taxi-booking-app-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.