Not appy: Traditional taxis struggle amid ride-hailing competition
In general, rising vehicle standards and licensing requirements have led to a decline in the number of small public service vehicles (SPSVs) operating in Ireland over much of the past decade. As a result, despite high demand for industry services, falling SPSV numbers have taken a toll on industry revenue. Additionally, high insurance and vehicle maintenance costs, as well as intense price competition from ride-hailing services have placed pressure on operating profit.
The industry provides small public service vehicle transport on Irish roads. This includes the use of standard and wheelchair accessible taxis, as well as private-hire vehicles such as hackneys and limousines.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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