Market Overview:
The global Moto Taxi Service market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for last-mile connectivity solutions and rising adoption of moto taxis by commuters. In terms of type, the e-hailing segment is expected to account for a major share of the global Moto Taxi Service market during the forecast period. This can be attributed to factors such as ease of booking and availability of drivers through mobile apps. In terms of application, passenger transportation is expected to account for a major share of the global Moto Taxi Service market during the forecast period. This can be attributed to growing demand for on-demand transportation services among commuters across regions.
Product Definition:
Moto taxi service is a type of transportation that uses motorcycles as the main mode of conveyance. The service is popular in many developing countries, where motorcycle taxis are often the only form of public transportation available. Moto taxi drivers typically work for tips, making it a very affordable option for those on a budget.
E-hailing:
E-hailing is the new term used for the digitalization of hailing a cab. It's an application based service, which uses mobile phones or other electronic devices to call a cab and book a ride. The main aim of this technology is to provide better customer experience by providing information about taxis in real time as well as enabling users to rate their drivers after each ride.
Ride Sharing:
Ride sharing is a service where the passenger books a ride through an application and the driver uses their own vehicle to transport passengers. The main aim of this service is to reduce traffic congestion, air pollution, and use of personal vehicles which reduces carbon emissions. This has led to an increase in demand for such services across various countries globally. In many countries like U.S., U.K.
Application Insights:
The passenger application segment dominated the global market in 2017. With the growing number of travelers, demand for moto taxi services has been increasing steadily across various regions. The growth of this segment can be attributed to technological advancements and rising disposable income levels among the middle-class population. Moreover, governments have made it mandatory for all registered vehicles to carry passengers as a primary duty, which is further propelling market growth in passenger applications.
Load application is expected to witness significant growth over the forecast period owing to increased industrialization and construction activities across developing countries such as India and China Pacific region where labor costs are relatively less expensive than developed countries like U.S., Canada or Australia etc. Thus companies are preferring these destinations over others due load transportation services thereby fueling industry expansion at a rapid pace during future years 2030 to 2038 period especially in Asia Pacific region which includes China, Japan, South Korea etc.
Regional Analysis:
Asia Pacific regional market dominated the overall industry in 2017 and accounted for over 45% of the total revenue share. The region is expected to continue its dominance over the forecast period as well, with China contributing significantly to regional growth. The Chinese government has been actively encouraging private car ownership through various policies, such as purchase tax exemptions and subsidies on toll fees charged by transport vehicles using electronic tags. These initiatives are expected to increase ride hailing services in China, thereby boosting market growth across Asia Pacific countries such as India and Australia during the forecast period.
The European region accounted for a significant revenue share in 2017 owing to growing demand from countries including Germany, U.K.
Growth Factors:
- Increasing urbanization: The trend of people moving to cities is increasing, and this is leading to the growth of the Moto Taxi Service market.
- Rising disposable income: With rising incomes, people are increasingly able to afford luxury services such as Moto Taxi Service, driving its growth.
- Rapid technological advancements: Technological advancements are making it easier and faster for people to book Moto Taxi Services, thereby fuelling their growth.
- Growing awareness about safety: There is a growing awareness among consumers about the importance of safety while travelling in a taxi, which is helping fuel the growth of the Moto Taxi Service market. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Moto Taxi Service Market Research Report
By Type
E-hailing, Ride Sharing
By Application
Passenger, Load
By Companies
ANI Technologies Pvt. Ltd., GOJEK INDONESIA, Grab, Taxify OÜ, Uber Technologies Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Moto Taxi Service Market Report Segments:
The global Moto Taxi Service market is segmented on the basis of:
Types
E-hailing, Ride Sharing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger, Load
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ANI Technologies Pvt. Ltd.
- GOJEK INDONESIA
- Grab
- Taxify OÜ
- Uber Technologies Inc.
Highlights of The Moto Taxi Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- E-hailing
- Ride Sharing
- By Application:
- Passenger
- Load
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Moto Taxi Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Moto Taxi Service is a ride-sharing service that connects riders with drivers who are willing to provide transportation. The service allows users to request rides from nearby drivers through an app or website. Drivers can earn money by providing rides, and riders can save money by using the service instead of taking public transportation.
Some of the key players operating in the moto taxi service market are ANI Technologies Pvt. Ltd., GOJEK INDONESIA, Grab, Taxify Oœ, Uber Technologies Inc..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Moto Taxi Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Moto Taxi Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Moto Taxi Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Moto Taxi Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Moto Taxi Service Market Size & Forecast, 2018-2028
4.5.1 Moto Taxi Service Market Size and Y-o-Y Growth
4.5.2 Moto Taxi Service Market Absolute $ Opportunity
Chapter 5 Global Moto Taxi Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Moto Taxi Service Market Size Forecast by Type
5.2.1 E-hailing
5.2.2 Ride Sharing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Moto Taxi Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Moto Taxi Service Market Size Forecast by Applications
6.2.1 Passenger
6.2.2 Load
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Moto Taxi Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Moto Taxi Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Moto Taxi Service Analysis and Forecast
9.1 Introduction
9.2 North America Moto Taxi Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Moto Taxi Service Market Size Forecast by Type
9.6.1 E-hailing
9.6.2 Ride Sharing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Moto Taxi Service Market Size Forecast by Applications
9.10.1 Passenger
9.10.2 Load
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Moto Taxi Service Analysis and Forecast
10.1 Introduction
10.2 Europe Moto Taxi Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Moto Taxi Service Market Size Forecast by Type
10.6.1 E-hailing
10.6.2 Ride Sharing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Moto Taxi Service Market Size Forecast by Applications
10.10.1 Passenger
10.10.2 Load
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Moto Taxi Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Moto Taxi Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Moto Taxi Service Market Size Forecast by Type
11.6.1 E-hailing
11.6.2 Ride Sharing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Moto Taxi Service Market Size Forecast by Applications
11.10.1 Passenger
11.10.2 Load
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Moto Taxi Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Moto Taxi Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Moto Taxi Service Market Size Forecast by Type
12.6.1 E-hailing
12.6.2 Ride Sharing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Moto Taxi Service Market Size Forecast by Applications
12.10.1 Passenger
12.10.2 Load
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Moto Taxi Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Moto Taxi Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Moto Taxi Service Market Size Forecast by Type
13.6.1 E-hailing
13.6.2 Ride Sharing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Moto Taxi Service Market Size Forecast by Applications
13.10.1 Passenger
13.10.2 Load
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Moto Taxi Service Market: Competitive Dashboard
14.2 Global Moto Taxi Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ANI Technologies Pvt. Ltd.
14.3.2 GOJEK INDONESIA
14.3.3 Grab
14.3.4 Taxify OÜ
14.3.5 Uber Technologies Inc.
