What is Taxi & Limousine Software?
Mobile Technology is ruling almost every industry and showing incredible growth in todayís business world. The growth of mobile technology has brought huge impact in the transportation industry, where the limo service providers are undertaking various strategies in order to bring a vast improvement in their business and to get succeed among their competitors. The Taxi & Limousine Software has the capability to function a comprehensive transportation system which allows the users or the individuals to borrow bikes, small electric cars and shuttles by tiling a specific subscription fee. Growing shared transportation system, and growing urbanization in advance & developing economies are the considerable dynamic factors of the taxi and limousine software market during the forecast period.
The market study is broken down, by Application (Personal and Commercial) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Players from United States will contribute to the maximum growth of Global Taxi & Limousine Software market throughout the predicted period.
TaxiCaller (Sweden), Samsride Inc. (United States), Didi Chuxing Technology Co. (China), Uber (United States), Taximobility (India), MTData (Australia), Cab hound (United States), Unico Taxi (United States), Limo Anywhere(United States) and Insoftdev (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Pick Me (Sri Lanka), Gazoop (United Kingdom), ICabbi (Canada) and 13CABS (Australia).
AdvanceMarketAnalytics has segmented the market of Global Taxi & Limousine Software market by Type, Application and Region.
On the basis of geography, the market of Taxi & Limousine Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud-based will boost the Taxi & Limousine Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Small Business will boost the Taxi & Limousine Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pricing, the sub-segment i.e. Monthly will boost the Taxi & Limousine Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software will boost the Taxi & Limousine Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In August 2020, Uber to Acquire United Kingdoms Taxi Booking Software Autocab to Increase its Reach over 4x in Britain. The acquisition helps to increase Uberís reach in the United Kingdom to as many as circa 170 locations from 40.
In May 2020 Taxi & Limousine Commission launched its Driver Resource Center, offering a wide range of services to all TLC-licensed drivers and medallion owner-drivers. Among the services available to licensees are legal services, financial counselling, health and mental health referrals, and public benefits application support.
- High demand for the cloud-based services
- Growing urbanization in advance & developing economies are the considerable dynamic factors of the taxi and limousine software
- The increasing number of working population across the globe
- Increasing demand for the Taxi & Limousine Software in both developed and developing countries
- High initial investment requirement and existence data security
- Lack of awareness regarding the software in the rural areas
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Taxi & Limousine Software Manufacturer, Government Regulatory and Research Organizations and End-Use Industry
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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