The global taxi and limousine services market is expected to decline from $83.0 billion in 2019 to $46.7 billion in 2020 at a compound annual growth rate (CAGR) of -43.7%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6.5% from 2021 and reach $94.4 billion in 2023.
Request For The Sample Of The Taxi And Limousine Services Market Here:
The taxi and limousine services market consist of sales of taxi and limousine services by entities (organizations, sole traders and partnerships) that provide passenger transportation via automobiles or vans, or provide an array of specialty and luxury passenger transportation services via limousine or luxury sedan, generally on a reserved basis. Taxi and limousine services establishments usually provide services on demand. These establishments do not operate over regular routes and on regular schedules.
Place A Direct Purchase Order Of The Taxi And Limousine Services Report Here:
The taxi and limousine services market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the taxi and limousine services market are Uber Technologies, Inc., Didi Chuxing Technology Co., Lyft, Inc., Grab Holdings Inc., Gett, Inc.
The taxi and limousine services market is segmented by type of service, by vehicle type, by payment mode, by ride type.
By Type Of Service – The taxi and limousine services market can be segmented by type of service
- a) Online Taxi Services
- b) Tele And Offline Taxi Services
- c) Limousine Services
By Vehicle Type – The taxi and limousine services market can be segmented by vehicle type
- a) Cars
- b) Motorcycles
- c) Others
By Payment Mode – The taxi and limousine services market can be segmented by payment mode
- a) Online
- b) Cash
By Ride Type – The taxi and limousine services market can be segmented by ride type
- a) Individual
- b) Car Pool/Share
Read More On The Global Taxi And Limousine Services Market Report:
The taxi and limousine services market report describes and explains the global taxi and limousine services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The taxi and limousine services report evaluates the market across each region and for the major economies within each region.
The countries covered in the global taxi and limousine services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global taxi and limousine services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Taxi And Limousine Services Market Characteristics
- Taxi And Limousine Services Market Product Analysis
- Taxi And Limousine Services Market Supply Chain
- Key Mergers And Acquisitions In The Taxi And Limousine Services Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
The World’s Most Comprehensive Database
The Business Research Company’s flagship product, Global Market Model is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Blog: http://blog.tbrc.info/
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model