Transportation Products & Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Taxicab Services

Overview
Market size
$266.4B
global, USD
CAGR
8.0%
base to forecast
Buyer power
-1.4
supplier-favoured
Suppliers
5
tracked players
Signals
12
1 high severity

Market outlook

2031$391.4B

What changed

Demand by region

Asia Pacific demand42%
North America demand28%
Europe demand20%
Rest of world demand10%
share of global demandtotal 100%

Cost drivers

Driver Compensation and Incentives45%
Fuel and Energy Costs20%
Vehicle Depreciation and Maintenance15%
Insurance and Regulatory Compliance12%
Platform Technology and Administration8%
share of delivered cost (analyst estimate)

Supplier watchlist

5 tracked