MICE, Travel & Hospitality Indirect · Indirect
Monitoring · monthlyProcurement Category Intelligence
Ground Transportation - Black Car
Overview
Market size
$7.2B
global, USD
CAGR
6.5%
base to forecast
Buyer power
-1.5
supplier-favoured
Suppliers
5
tracked players
Signals
12
monitored
Market outlook
2031$9.9B
What changed
Demand by region
North America demand40%
Europe demand25%
Asia Pacific demand20%
Middle East & Africa demand8%
Rest of world demand7%
share of global demandtotal 100%
Cost drivers
Driver Labor and Commissions45%
Vehicle Acquisition, Fleet Insurance and Maintenance20%
Fuel and Lithium-Ion Battery Charging Energy15%
Digital Platform Capital and Connected Vehicle Hardware12%
Fleet Administration and Regulatory Compliance8%
share of delivered cost (analyst estimate)