The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033.
The Online Taxi Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Online Taxi Services Market:
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According to The Business Research Company’s Online Taxi Services Global Market Report 2024, The online taxi services market size has grown rapidly in recent years. It will grow from $38.89 billion in 2023 to $43.15 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to ride-sharing convenience, urbanization and population density, mobile app penetration, cost efficiency and transparency, changing consumer behavior.The online taxi services market size is expected to see rapid growth in the next few years. It will grow to $64.74 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%.
An increase in smartphone users is expected to drive the growth of online taxi services worldwide. Smartphone users utilize these services for their convenience in booking rides through mobile apps. With features like GPS, real-time tracking, and secure payment options, smartphones provide a seamless and efficient way to access and manage transportation needs. For example, in July 2023, according to DemandSage, a US-based data reporting and analytics solutions provider, 86% of the global population owns a smartphone, totaling 6.8 billion smartphone users worldwide as of 2023. In the United States, 94.4% of millennials own a smartphone, with nearly half of the population dedicating 5 to 6 hours per day to using smartphones. Therefore, the increasing number of smartphone users will drive the growth of the online taxi services market.
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The online taxi services market covered in this report is segmented –
1) By Service Type: Ride-Hailing, Ride Sharing
2) By Vehicle Type: Motorcycles, Cars
3) By Payment Mode: Online, Cash
4) By Ride Type: Individual, Car Pool/ Share
Top Major Players
Uber Technologies,
Didi Chuxing Technology Co. Ltd.,
Zimride Inc.,
Yandex.Taxi LLC,
Lyft Inc.
The online taxi services market report table of contents includes:
1. Executive Summary
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Online Taxi Services Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Online Taxi Services Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Online Taxi Services Market, Segmentation By Payment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……………..
Table 75: Uber Technologies Financial Performance
Table 76: Didi Chuxing Technology Co. Ltd. Financial Performance
Table 77: Zimride Inc. Financial Performance
Table 78: Yandex.Taxi LLC Financial Performance
Table 79: Lyft Inc. Financial Performance
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