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IT Spending in the Cab Aggregators Sector: Worldwide Forecast until 2019

  • October 2015
  • 62 pages
  • ID: 3348514
In this report:
In May 2015, the company entered into a partnership agreement with TaxiForSure (a company that provides car rental services to the customers) for ewallet services.
The global IT service spending by cab aggregators was valued at $##.## million in 2014 and should to reach $## million by 2019, growing at a CAGR of ##.##%.

Summary

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About IT spending by cab aggregators

Cab aggregator model is the quickest increasing cab service model in the organized taxi sector. Aggregator model needs low capital expenditure and innovative cab service delivery system, which provides enhanced cab service experience to cab riders. App-based tax provider companies are globally recognized for their singular offerings to cab riders, which are forcing radio cab service providers to change their business model by adopting app-based cab services. Cab aggregator companies are expanding their portfolio by introducing an app for different category of business including food and courier delivery services. Cab aggregators including Uber and Ola are using predictive analytical tool to measure the significance of demand and supply of cab services to rise their profit margin by utilizing optimum level of resources.

The experts estimate the worldwide IT spending sector by cab aggregators to grow at a Compound annual growth rate of 3.40 percent over the time frame 2014-2019.

What is the scope of this report?

The industry report contains the present scenario and the growth perspectives of the overall IT spending sector by cab aggregators for the time frame of 2015-2019. To calculate the market value, the study considers the expenditure on IT hardware, software, and services by cab aggregators, and their revenue is calculated based on their funding value and profit margin.

The market study, World-wide IT Spending Sector by Cab Aggregators 2015-2019, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The analysis includes Americas, Asia-Pac, and Europe, Middle East and Africa (EMEA); it also encloses the landscape of the overall IT spending sector by cab aggregators and its growth expectations in the upcoming years. This study also comprises a conversation established with top vendors operating in this segment.

Key areas

- Americas

- Asia-Pac

- Europe, Middle East and Africa (EMEA)

Main vendors

Other main sellers

Main market driver

- Shift toward the Internet platform-based disintermediation model

- For a full, in-depth list, view our market report

Main market opportunity

- Threat from local cab associations

- For a full, exhaustive list, view our market report

Key market trend

- Adoption of in-app payment systems and integration with digital wallets

- For a full, in-depth list, view our market report

What are the main questions answered?

- What will both market value and growth rate be in 2019?

- What are the key market forecasts?

- What is driving this sector?

- What are the conditions to market growth?

- Who are the main sellers in this market environment?

- What are the opportunities in this industry and segment risks faced by the main vendors?

- What are the forces and weaknesses of the main vendors?

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