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Global Cab Services Market Research Report 2024
Synopsis
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 global Cab Services market was valued at US$ 161410 million in 2023 and is anticipated to reach US$ 242180 million by 2030, witnessing a CAGR of 5.9% during the forecast period 2024-2030.
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 The cash-based payment system for cab riders has been replaced by in-app payment system, which uses digital wallets.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. 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.
This report aims to provide a comprehensive presentation of the global market for Cab Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cab Services.
Report Scope
The Cab Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Cab Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cab Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BMW Group
Didi Chuxing
Daimler
Lyft
Uber
BiTaksi
Cabify
Grab
Gett
GoCatch
Ingogo
LeCab
Segment by Type
E-Hailing
Car Rentals
Radio Cabs
Segment by Application
Business
Entertainment
Advertising
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Cab Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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 global Cab Services market was valued at US$ 161410 million in 2023 and is anticipated to reach US$ 242180 million by 2030, witnessing a CAGR of 5.9% during the forecast period 2024-2030.
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. 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.
This report aims to provide a comprehensive presentation of the global market for Cab Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cab Services.
Report Scope
The Cab Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Cab Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cab Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BMW Group
Didi Chuxing
Daimler
Lyft
Uber
BiTaksi
Cabify
Grab
Gett
GoCatch
Ingogo
LeCab
Segment by Type
E-Hailing
Car Rentals
Radio Cabs
Segment by Application
Business
Entertainment
Advertising
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Cab Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Cab Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 E-Hailing
1.2.3 Car Rentals
1.2.4 Radio Cabs
1.3 Market by Application
1.3.1 Global Cab Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Business
1.3.3 Entertainment
1.3.4 Advertising
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Cab Services Market Perspective (2019-2030)
2.2 Cab Services Growth Trends by Region
2.2.1 Global Cab Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Cab Services Historic Market Size by Region (2019-2024)
2.2.3 Cab Services Forecasted Market Size by Region (2025-2030)
2.3 Cab Services Market Dynamics
2.3.1 Cab Services Industry Trends
2.3.2 Cab Services Market Drivers
2.3.3 Cab Services Market Challenges
2.3.4 Cab Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Cab Services Players by Revenue
3.1.1 Global Top Cab Services Players by Revenue (2019-2024)
3.1.2 Global Cab Services Revenue Market Share by Players (2019-2024)
3.2 Global Cab Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Cab Services Revenue
3.4 Global Cab Services Market Concentration Ratio
3.4.1 Global Cab Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Cab Services Revenue in 2023
3.5 Cab Services Key Players Head office and Area Served
3.6 Key Players Cab Services Product Solution and Service
3.7 Date of Enter into Cab Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Cab Services Breakdown Data by Type
4.1 Global Cab Services Historic Market Size by Type (2019-2024)
4.2 Global Cab Services Forecasted Market Size by Type (2025-2030)
5 Cab Services Breakdown Data by Application
5.1 Global Cab Services Historic Market Size by Application (2019-2024)
5.2 Global Cab Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Cab Services Market Size (2019-2030)
6.2 North America Cab Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Cab Services Market Size by Country (2019-2024)
6.4 North America Cab Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Cab Services Market Size (2019-2030)
7.2 Europe Cab Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Cab Services Market Size by Country (2019-2024)
7.4 Europe Cab Services Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Cab Services Market Size (2019-2030)
8.2 Asia-Pacific Cab Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Cab Services Market Size by Region (2019-2024)
8.4 Asia-Pacific Cab Services Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Cab Services Market Size (2019-2030)
9.2 Latin America Cab Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Cab Services Market Size by Country (2019-2024)
9.4 Latin America Cab Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Cab Services Market Size (2019-2030)
10.2 Middle East & Africa Cab Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Cab Services Market Size by Country (2019-2024)
10.4 Middle East & Africa Cab Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 BMW Group
11.1.1 BMW Group Company Detail
11.1.2 BMW Group Business Overview
11.1.3 BMW Group Cab Services Introduction
11.1.4 BMW Group Revenue in Cab Services Business (2019-2024)
11.1.5 BMW Group Recent Development
11.2 Didi Chuxing
11.2.1 Didi Chuxing Company Detail
11.2.2 Didi Chuxing Business Overview
11.2.3 Didi Chuxing Cab Services Introduction
11.2.4 Didi Chuxing Revenue in Cab Services Business (2019-2024)
11.2.5 Didi Chuxing Recent Development
11.3 Daimler
11.3.1 Daimler Company Detail
11.3.2 Daimler Business Overview
11.3.3 Daimler Cab Services Introduction
11.3.4 Daimler Revenue in Cab Services Business (2019-2024)
11.3.5 Daimler Recent Development
11.4 Lyft
11.4.1 Lyft Company Detail
11.4.2 Lyft Business Overview
11.4.3 Lyft Cab Services Introduction
11.4.4 Lyft Revenue in Cab Services Business (2019-2024)
11.4.5 Lyft Recent Development
11.5 Uber
11.5.1 Uber Company Detail
11.5.2 Uber Business Overview
11.5.3 Uber Cab Services Introduction
11.5.4 Uber Revenue in Cab Services Business (2019-2024)
11.5.5 Uber Recent Development
11.6 BiTaksi
11.6.1 BiTaksi Company Detail
11.6.2 BiTaksi Business Overview
11.6.3 BiTaksi Cab Services Introduction
11.6.4 BiTaksi Revenue in Cab Services Business (2019-2024)
11.6.5 BiTaksi Recent Development
11.7 Cabify
11.7.1 Cabify Company Detail
11.7.2 Cabify Business Overview
11.7.3 Cabify Cab Services Introduction
11.7.4 Cabify Revenue in Cab Services Business (2019-2024)
11.7.5 Cabify Recent Development
11.8 Grab
11.8.1 Grab Company Detail
11.8.2 Grab Business Overview
11.8.3 Grab Cab Services Introduction
11.8.4 Grab Revenue in Cab Services Business (2019-2024)
11.8.5 Grab Recent Development
11.9 Gett
11.9.1 Gett Company Detail
11.9.2 Gett Business Overview
11.9.3 Gett Cab Services Introduction
11.9.4 Gett Revenue in Cab Services Business (2019-2024)
11.9.5 Gett Recent Development
11.10 GoCatch
11.10.1 GoCatch Company Detail
11.10.2 GoCatch Business Overview
11.10.3 GoCatch Cab Services Introduction
11.10.4 GoCatch Revenue in Cab Services Business (2019-2024)
11.10.5 GoCatch Recent Development
11.11 Ingogo
11.11.1 Ingogo Company Detail
11.11.2 Ingogo Business Overview
11.11.3 Ingogo Cab Services Introduction
11.11.4 Ingogo Revenue in Cab Services Business (2019-2024)
11.11.5 Ingogo Recent Development
11.12 LeCab
11.12.1 LeCab Company Detail
11.12.2 LeCab Business Overview
11.12.3 LeCab Cab Services Introduction
11.12.4 LeCab Revenue in Cab Services Business (2019-2024)
11.12.5 LeCab Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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