The Global Online Taxi Services Market Report by The Business Research Company covers online taxi services market drivers and restraints, online taxi services market size, major players, and the impact of COVID-19 on the online taxi services market.

The online taxi services market consists of sales of taxi services and related goods by entities (organizations, sole traders, and partnerships) that provide passenger transportation by automobile or van through online reservations or on a booking basis. This industry comprises establishments primarily engaged in providing passenger transportation by taxi that are booked by using a mobile application. These companies use online platforms and mobile applications to offer their services to customers. Examples include Uber, Lyft, and Didi. Taxis booked online through an app are mentioned in the report as ride-hailing services. This does not include taxis stopped on roadsides. Only goods and services traded between entities or sold to end consumers are included.

Rising internet penetration drives the demand for the online taxi services market. The availability of high-speed internet connectivity and convenience associated with using online services is shifting consumer preferences towards online taxi services.

The global online taxi services market is expected to grow from $23.42 billion in 2020 to $28.65 billion in 2021 at a compound annual growth rate (CAGR) of 22.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $41.22 billion in 2025 at a CAGR of 9.5%.

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Some online taxi services market trends include the launch of self-driving taxi services. Major players operating in the industry are continuously focused on introducing innovations and technologies to better serve the needs of consumers.

Global online taxi services market segments include:

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, Carpool/ Share.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Online Taxi Services Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides online taxi services market overviews, analyzes and forecasts market size, share, online taxi services market players, online taxi services market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The online taxi services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Online Taxi Services Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: ANI Technologies Private Limited, Uber India Systems Private Limited, Lyft Inc., Didi Chuxing, GrabTaxi Holdings Pte Ltd, Carzonrent (India) Private Limited, Mega Cabs Private Limited, Meru Mobility Tech Private Limited, Savaari Car Rentals Private Limited, Go-Jek, Kabbee, Hailo, Flywheel, Curb, Yellow Cab, mytaxi, Meru Mobility Tech Private Limited, Savaari Car Rentals Private Limited, Go-Jek, Kabbee, Hailo, Flywheel, Curb, Yellow Cab, mytaxi.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Online Taxi Services Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Online Taxi Services Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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