According to Value Market Research, the global on-demand taxi services market is growing with spurring mobility needs, growing smartphone penetration, low car or vehicle ownership, and rising migration. Expanding the working population, growing globalization, and increasing disposable income influence market growth. On demand, Taxi Services offers comfort and convenience of booking taxis and ease Of Transportation. Taxi drivers increasingly prefer online modes to get their passengers as they provide ease, better drive fairs, and a systematic pick and drop system. Global On-demand Taxi Services Market is highly competitive, and competition is estimated to swell with the entrance of new players. However, weak internet infrastructure and comparatively lower smartphone penetration are the prime reason behind obstructive growth in some regions.
The major players in the on demand taxi services market include Uber Technologies Inc., ANI Technologies Pvt Ltd., mytaxi, Lyft Inc., Yellow Cab, Didi Chuxing, GrabTaxi Holdings PTE Ltd, Go-Jek, Kabbee, Hailo, Flywheel, and Curb.
The on demand taxi services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
On demand Taxi Services Market Segmentation
By Vehicle
- Motorcycle
- Passenger Car
- Auto
- Others
By Ride Category
- Share Pool
- Budget
- Standard
- Premium
Source: https://www.valuemarketresearch.com/report/on-demand-taxi-services-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.