Global Moto Taxi Service Market 2019-2023

Global Moto Taxi Service Market 2019-2023

About this market

Moto taxis are a major part of the transportation network in many developing countries. Their demand is high in some of countries across Asia and Africa, where the population is on the rise and transportation options such as buses and light rail are insufficient and do not serve the last mile. Moto taxis are used for both short hauls and long hauls. In most countries, moto taxi drivers are work in densely populated areas, such as outside department stores, by the exit to train stations, and subway stations. Inadequate infrastructure such as poor condition of roads is a major concern in some developing countries such as India, Brazil, Mexico, and some parts of Africa and Asia. Moto taxi can be used as an alternative in such conditions to offer easy access to a destination while also improving on last mile connectivity. These benefits of moto taxis over other forms of transport are likely to fuel the market during the forecast period. Technavio’s analysts have predicted that the moto taxi service market will register a CAGR of over 16% by 2023.

Market Overview

Increase in investments for moto taxi startups

This rise in funding from various companies is likely to boost the operations of moto tab services startups and expand its geographic presence. This will eventually contribute to the growth of the market during the forecast period.

Ban on moto taxi in various countries

Even though the moto taxi services market is booming in some parts of the world, moto taxis are banned and regarded illegal in some other countries. Hence, the ban on moto taxis will negatively affect the profitability of service providers, thereby affecting the market during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the moto taxi service market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Moto Taxi Service Market 2019-2023

Technavio recognizes the following companies as the key players in the global moto taxi service market: ANI Technologies Pvt. Ltd., GOJEK INDONESIA, Grab, Taxify OÜ, Uber Technologies Inc.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the rising in popularity of electric moto taxi.”

According to the report, one of the major drivers for this market is the advantages of moto taxi over other forms of transport.

Further, the report states that one of the major factors hindering the growth of this market is the rising threat from unorganized moto taxi service providers.

Companies Mentioned

ANI Technologies Pvt. Ltd.

GOJEK INDONESIA

Grab

Taxify OÜ

Uber Technologies Inc.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global taxi and ride hailing services market
      • Table Segments of global taxi and ride hailing services market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by service
    • Table Service - Market share 2018-2023 (%)
    • Comparison by service
      • Table Comparison by service
    • E-hailing - Market size and forecast 2018-2023
      • Table E-hailing - Market size and forecast 2018-2023 ($ millions)
      • Table E-hailing - Year-over-year growth 2019-2023 (%)
    • Ride sharing - Market size and forecast 2018-2023
      • Table Ride sharing - Market size and forecast 2018-2023 ($ millions)
      • Table Ride sharing - Year-over-year growth 2019-2023 (%)
    • Market opportunity by service
      • Table Market opportunity by service
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision Framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • New launches of moto taxi services
    • Emergence of women drivers for moto taxi
    • Rise in popularity of electric moto taxi
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ANI Technologies Pvt. Ltd.
      • Table ANI Technologies Pvt. Ltd. - Vendor overview
      • Table ANI Technologies Pvt. Ltd. - Product segments
      • Table ANI Technologies Pvt. Ltd. - Organizational developments
      • Table ANI Technologies Pvt. Ltd. - Key offerings
    • GOJEK INDONESIA
      • Table GOJEK INDONESIA - Vendor overview
      • Table GOJEK INDONESIA - Business segments
      • Table GOJEK INDONESIA - Organizational developments
      • Table GOJEK INDONESIA - Key offerings
    • Grab
      • Table Grab - Vendor overview
      • Table Grab - Business segments
      • Table Grab - Organizational developments
      • Table Grab - Key offerings
    • Taxify OÜ
      • Table Taxify OÜ - Vendor overview
      • Table Taxify OÜ - Business segments
      • Table Taxify OÜ - Organizational developments
      • Table Taxify OÜ - Key offerings
    • Uber Technologies Inc.
      • Table Uber Technologies Inc. - Vendor overview
      • Table Uber Technologies Inc. - Business segments
      • Table Uber Technologies Inc. - Organizational developments
      • Table Uber Technologies Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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