Market Overview:
The global taxi app market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cab services, rising urbanization, and growing adoption of smartphones. By type, the global taxi app market is segmented into iOS and Android segments. The Android segment is expected to hold a larger share of the global taxi app market than the iOS segment during the forecast period. This can be attributed to factors such as lower cost of devices running on Android operating systems and higher penetration of Android-based smartphones globally as compared with iOS-based smartphones. By application, drivers are expected to account for a larger share of the global taxi app market than passengers during the forecast period.
Product Definition:
A Taxi APP is a mobile phone application that allows users to request and book taxis. The importance of Taxi APP is that it makes it easy for people to find and book taxis, which can be helpful in situations where there is no taxi service available.
IOS:
IOS is a mobile operating system developed by Apple Inc. for its portable products such as smartphones and tablets. It is the most widely used mobile OS across the globe owing to its features such as ease of use, application compatibility and high market share.
Android:
Android is a mobile operating system developed by Google, based on the Linux kernel. It is an open source software platform that provides its users with an experience of using a personal computer while being used in mobile devices including smartphones and tablets. The first Android-powered device was launched in 2008; it was called Android-powered phone1 or HTC Dream (G1) and it had hardware components similar to that of a typical smartphone today.
Application Insights:
Passenger application segment dominated the global taxi APP market in 2017. The passenger can avail of various benefits, such as free ride, discounts and offers on the app. Moreover, many taxi companies are providing cashless payment options through mobile wallets or credit cards that provide extra convenience to passengers. For instance, Taxify provides a cashless payment option through its app that enables passengers to pay for fares directly from their bank accounts. This will help reduce traffic snarls caused due to carrying money and valuables while traveling by cab.
The driver application segment is expected register significant growth over the forecast period owing to rising demand for professional drivers with enhanced skillset and knowledge of local areas who can connect better with passengers in foreign countries where English is not widely spoken by people living there.
Regional Analysis:
Asia Pacific dominated the global taxi APP market in 2017. The region is expected to continue its dominance over the next eight years. This can be attributed to increasing smartphone penetration, rising demand for on-demand transportation services, and favorable government initiatives aimed at improving public transportation infrastructure in countries such as India and China.
The Asia Pacific regional market is anticipated to grow at a CAGR of XX% from 2018 to 2030 owing to increased investments by governments in building smart cities with advanced transport facilities for better mobility and reduced travel time among various destinations. For instance, the Government of India has planned 100 smart cities by 2020 with integrated transport systems that facilitate easy movement across all modes of transport including footpaths, bicycle trails, roads & cars alike.
Growth Factors:
- Increasing demand for taxi services due to rising urbanization and population.
- Growing number of smartphone users and availability of affordable data plans.
- Proliferation of ride-sharing services such as Uber and Lyft that are cannibalizing the traditional taxi market.
- Regulatory changes in favor of ride-sharing services over traditional taxis, such as the recent legalization of Uber in London . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Taxi APP Market Research Report
By Type
IOS, Android
By Application
Drivers, Passenger
By Companies
Innofied Solution, Enuke Software, Uber, Appypie, Tagmytaxi, Mtoag, Mobisoft, Space-O Technologies, Peerbits, TaxiStartup, Yalantis
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Taxi APP Market Report Segments:
The global Taxi APP market is segmented on the basis of:
Types
IOS, Android
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
Drivers, Passenger
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:
- Innofied Solution
- Enuke Software
- Uber
- Appypie
- Tagmytaxi
- Mtoag
- Mobisoft
- Space-O Technologies
- Peerbits
- TaxiStartup
- Yalantis
Highlights of The Taxi APP 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:
- IOS
- Android
- By Application:
- Drivers
- Passenger
- 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 Taxi APP 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
Taxi APP is a mobile application that connects taxi drivers and passengers in order to provide a seamless, convenient service. The app allows users to book and pay for taxis directly from their smartphones, track the location of their taxis, and receive real-time updates on arrival times.
Some of the major companies in the taxi app market are Innofied Solution, Enuke Software, Uber, Appypie, Tagmytaxi, Mtoag, Mobisoft, Space-O Technologies, Peerbits, TaxiStartup, Yalantis.
The taxi app market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Taxi APP 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 Taxi APP Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Taxi APP 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 Taxi APP 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 Taxi APP Market Size & Forecast, 2018-2028
4.5.1 Taxi APP Market Size and Y-o-Y Growth
4.5.2 Taxi APP Market Absolute $ Opportunity
Chapter 5 Global Taxi APP 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 Taxi APP Market Size Forecast by Type
5.2.1 IOS
5.2.2 Android
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Taxi APP 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 Taxi APP Market Size Forecast by Applications
6.2.1 Drivers
6.2.2 Passenger
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Taxi APP 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 Taxi APP 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 Taxi APP Analysis and Forecast
9.1 Introduction
9.2 North America Taxi APP 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 Taxi APP Market Size Forecast by Type
9.6.1 IOS
9.6.2 Android
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 Taxi APP Market Size Forecast by Applications
9.10.1 Drivers
9.10.2 Passenger
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 Taxi APP Analysis and Forecast
10.1 Introduction
10.2 Europe Taxi APP 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 Taxi APP Market Size Forecast by Type
10.6.1 IOS
10.6.2 Android
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 Taxi APP Market Size Forecast by Applications
10.10.1 Drivers
10.10.2 Passenger
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 Taxi APP Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Taxi APP 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 Taxi APP Market Size Forecast by Type
11.6.1 IOS
11.6.2 Android
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 Taxi APP Market Size Forecast by Applications
11.10.1 Drivers
11.10.2 Passenger
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 Taxi APP Analysis and Forecast
12.1 Introduction
12.2 Latin America Taxi APP 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 Taxi APP Market Size Forecast by Type
12.6.1 IOS
12.6.2 Android
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 Taxi APP Market Size Forecast by Applications
12.10.1 Drivers
12.10.2 Passenger
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) Taxi APP Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Taxi APP 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) Taxi APP Market Size Forecast by Type
13.6.1 IOS
13.6.2 Android
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) Taxi APP Market Size Forecast by Applications
13.10.1 Drivers
13.10.2 Passenger
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 Taxi APP Market: Competitive Dashboard
14.2 Global Taxi APP Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Innofied Solution
14.3.2 Enuke Software
14.3.3 Uber
14.3.4 Appypie
14.3.5 Tagmytaxi
14.3.6 Mtoag
14.3.7 Mobisoft
14.3.8 Space-O Technologies
14.3.9 Peerbits
14.3.10 TaxiStartup
14.3.11 Yalantis
