HTF Market Intelligence Consulting Private Limited

Online Taxi Service Market: Comprehensive Study Explores Huge Growth in Future: Leading Key Players- ANI Technologies, Carzonrent, Liveminds Solution

 

Edison, NJ -- (SBWIRE) -- 02/17/2019 -- HTF Market Intelligence released a new research report of 131 pages on title 'Online Taxi Service Market in India 2015 ' with detailed analysis, forecast and strategies. The study covers important players such as ANI Technologies Pvt. Ltd. , Carzonrent (India) Pvt. Ltd., Liveminds Solution Pvt. Ltd. , Mega Cabs Ltd. , Meru Cab Company Pvt. Ltd. , Serendipity Infolabs Pvt. Ltd. , Savaari Car Rentals Pvt. Ltd. , SMS Taxi Cabs Pvt. Ltd. , Quick Cabs Pvt. Ltd. , Wheelz On Rent Pvt. Ltd.

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HTF MI latest market research report titled Online Taxi Service Market in India 2015 highlights the overall potential of the radio cab network in India, particularly focusing on online based taxi services. Organized cab service form a minuscule portion of the overall private taxi business in India, estimated to operate about 60,000+ cabs across India, including both private fleet of owned vessels and taxis based on aggregation model. For traditional radio cab companies based on ownership model, online bookings still account for a minuscule share of their business. However, online taxi aggregators, the upcoming model in the organized taxi service space, boast that their way of doing business is much superior to traditional radio taxi operators. The aggregator based online taxi service is expected to grow at a CAGR of ~36% over the next five years till 2019, much higher than the online booking of ownership based model of radio taxi operators. The market is set to expand predominantly owing to rise in disposable income of the masses and a booming urban employment population with a growing corporate sector. They form the major clientele base that prefers the comfort and luxury of an online cab for their daily commuting needs. Such cab services are also sought after by the growing BPO and tourism sector.

High fares and increasing operating costs are the basic challenges that threaten to pull down the business. However, this sector attracts some of the biggest PE and VC investments. A study into consumer usage and preference patterns highlights that flexibility in providing broader range of rates to customers and adoption of different modes of booking and payment should be promoted for profitable business. Innovation and out-of-the-box thinking in business operation and service providing is the success mantra for the Indian Market.

Companies Mentioned in the Report
Private Companies
1. ANI Technologies Pvt. Ltd.
2. Carzonrent (India) Pvt. Ltd.
3. Liveminds Solution Pvt. Ltd.
4. Mega Cabs Ltd.
5. Meru Cab Company Pvt. Ltd.
6. Serendipity Infolabs Pvt. Ltd.
7. Savaari Car Rentals Pvt. Ltd.
8. SMS Taxi Cabs Pvt. Ltd.
9. Quick Cabs Pvt. Ltd.
10. Wheelz On Rent Pvt. Ltd.

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Important Features that are under offering & key highlights of the report:
– Detailed overview of Online Taxi Service market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Online Taxi Service market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Online Taxi Service market performance
– Must-have information for market players to sustain and enhance their market footprint

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Major Highlights of TOC:
Chapter One: Online Taxi Service Market Industry Overview
1.1 Online Taxi Service Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Online Taxi Service Market Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview

Chapter Two: Online Taxi Service Market Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.1.3 Other
2.2 Online Taxi Service Market Size by Demand
2.3 Online Taxi Service Market Forecast by Demand

Chapter Three: Online Taxi Service Market by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Online Taxi Service Market Size by Type
3.3 Online Taxi Service Market Forecast by Type

Chapter Four: Major Region of Online Taxi Service Market
4.1 Online Taxi Service Sales
4.2 Online Taxi Service Revenue & market share

Chapter Five: Major Companies List

Chapter Six: Conclusion

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