Global Cab Services Market 2017-2021

  • ID: 4417871
  • Report
  • Region: Global
  • 104 pages
  • TechNavio
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FEATURED COMPANIES

  • BiTaksi
  • Cabify
  • Didi Chuxing
  • GoCatch
  • Ingogo
  • Lyft
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Cab Services

A cab or taxi service is a type of vehicle for hire with a driver, used by a single or small group of passengers on either sharing or non-sharing basis. The passenger hires a taxi for a defined route, which is pre-decided by the customer passenger. The taxi cab conveys passengers between locations of their choice. The cab service differs from other modes of public transport, where the pick-up and drop-off service locations are determined by the service provider and not by the passenger.

The analysts forecast the global cab services market to grow at a CAGR of 8.46% during the period 2017-2021 .

Covered in this report

The report covers the present scenario and the growth prospects of the global cab services market for 2017-2021 . To calculate the market size, the report considers the revenue generated by different cab operators from passenger customers that hire various cab services for different routes. These cab services include e-hailing, car rental, radio cabs, and offline unorganized cabs.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Cab Services Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BMW Group
  • Didi Chuxing
  • Daimler
  • Lyft
  • Uber
Other prominent vendors
  • BiTaksi
  • Cabify
  • Grab
  • Gett
  • GoCatch
  • Ingogo
  • LeCab
  • Ola
Market drivers
  • Growing use of cashless transaction in e-hailing and integration with digital wallets
  • For a full, detailed list, view the full report
Market challenges
  • Threat from regional cab service providers
  • For a full, detailed list, view the full report
Market trends
  • Technological developments in taxi market
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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2 of 5

FEATURED COMPANIES

  • BiTaksi
  • Cabify
  • Didi Chuxing
  • GoCatch
  • Ingogo
  • Lyft
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
PART 06: MARKET SIZING
  • Market definition
  • Market sizing 2016
  • Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 08: MARKET SEGMENTATION BY TYPE OF CAB SERVICE
  • Segmentation by cab service type
  • E-hailing - Market size and forecast 2016-2021
  • Car rentals - Market size and forecast 2016-2021
  • Radio cabs - Market size and forecast 2016-2021
  • Others - Market size and forecast 2016-2021
  • Market opportunity by application
PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Americas - Market size and forecast 2016-2021
  • EMEA - Market size and forecast 2016-2021
  • APAC - Market size and forecast 2016-2021
  • Market opportunity
PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 13: MARKET TRENDS
  • Technological developments in taxi market
  • Use of social media and analytics
  • Expansion of service portfolio and single interface for cab service providers
PART 14: VENDOR LANDSCAPE
  • Competitive scenario
  • BMW Group
  • Didi Chuxing
  • Daimler
  • Lyft
  • Uber
  • Other prominent vendors
PART 15: VENDOR ANALYSIS
  • Vendors covered
PART 16: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Global cab services market 2017-2021
Exhibit 02: Global cab services market characteristics
Exhibit 03: Market segments
Exhibit 04: Market definition - Inclusions and exclusions checklist
Exhibit 05: Market size 2016
Exhibit 06: Validation techniques employed for market sizing 2016
Exhibit 07: Global cab services - Market size and forecast 2016-2021 ($ billions)
Exhibit 08: Global cab services market- Year-over-year growth 2017-2021 (%)
Exhibit 09: Five forces analysis 2016
Exhibit 10: Five forces analysis 2021
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition in 2016- Five forces
Exhibit 17: Global cab services market by service type market size and forecast 2016-2021 (% revenue)
Exhibit 18: Comparison by application
Exhibit 19: E-hailing - Market size and forecast 2016-2021 ($ billions)
Exhibit 20: E-hailing - Year-over-year growth 2017-2021 (%)
Exhibit 21: Car rentals - Market size and forecast 2016-2021 ($ billions)
Exhibit 22: Car rentals - Year-over-year growth 2017-2021 (%)
Exhibit 23: Radio cabs - Market size and forecast 2016-2021 ($ billions)
Exhibit 24: Radio cabs - Year-over-year growth 2017-2021 (%)
Exhibit 25: Others - Market size and forecast 2016-2021 ($ billions)
Exhibit 26: Others - Year-over-year growth 2017-2021 (%)
Exhibit 27: Market opportunity by application
Exhibit 28: Customer landscape
Exhibit 29: Global cab services market share by geography 2016-2021 (%)
Exhibit 30: Regional comparison
Exhibit 31: Americas - Market size and forecast 2016-2021 ($ billions)
Exhibit 32: Americas - Year-over-year growth 2017-2021 (%)
Exhibit 33: Top 3 countries in Americas
Exhibit 34: EMEA - Market size and forecast 2016-2021 ($ billions)
Exhibit 35: EMEA - Year-over-year growth 2017-2021 (%)
Exhibit 36: Top 3 countries in EMEA
Exhibit 37: APAC - Market size and forecast 2016-2021 ($ billions)
Exhibit 38: APAC - Year-over-year growth 2017-2021 (%)
Exhibit 39: Top 3 countries in APAC
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FEATURED COMPANIES

  • BiTaksi
  • Cabify
  • Didi Chuxing
  • GoCatch
  • Ingogo
  • Lyft
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Global Cab Services Market 2017-2021

The author of the report recognizes the following companies as the key players in the global cab services market: BMW Group, Didi Chuxing, Daimler, Lyft, and Uber.

Other Prominent Vendors in the market are: BiTaksi, Cabify, Grab , Gett, GoCatch, Ingogo, LeCab, and Ola.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Technological developments in taxi market. In April 2016, the world’s first self-driving taxi service was launched by Singapore-based nuTonomy, which is an autonomous vehicle software startup. The company started this service with a small fleet of 6 cars during 2016. During the trial period, nuTonomy modified Renault Zoe and Mitsubishi i-MiEV electrics. In this self-driven taxi, each car is fitted with six sets of Lidar, which is a detection system that uses lasers to operate like radar, including one that constantly spins on the roof. In addition, there are two cameras on the dashboard that are used to scan for obstacles and detect changes in traffic lights.”

According to the report, one of the major drivers for this market is Growing use of cashless transaction in e-hailing and integration with digital wallets. The cash-based payment system for cab riders has been replaced by in-app payment system, which uses digital wallets. A surge in the smartphone application user base has significantly changed the payment system of cab aggregators. Money is preloaded in digital wallets by cab riders, and the service charge is automatically deducted at the destination point without using a two-way authentication process.

Further, the report states that one of the major factors hindering the growth of this market is Threat from regional cab service providers. The ride-hailing business depends on the scale for which substantial investment is required. Building a right-sized population of owner-drivers, according to customer demand in the region and the confidence of sufficient work, which will earn their required wages, is a costly process for e-hailing companies. In 2016, Uber pulled out of China due to the increased competition from local cab service provider Didi Chuxing. Didi Chuxing acquired the Chinese operations of Uber during 2016, and after the acquisition, Didi Chuxing combined with Uber’s Chinese unit was valued at more than $35 billion.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

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  • BMW Group
  • Didi Chuxing
  • Daimler
  • Lyft
  • Uber
  • BiTaksi
  • Cabify
  • Grab
  • Gett
  • GoCatch
  • Ingogo
  • LeCab
  • Ola
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