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Global IT Spending by Cab Aggregators: Market Research Report 2015-2019

About IT spending by cab aggregators

Cab aggregator model is the fastest growing cab service model in the organized taxi market. Aggregator model requires 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 unique 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 several category of business such as food and courier delivery services. Cab aggregators such as Uber and Ola are using predictive analytical tool to measure the significance of demand and supply of cab services to increase their profit margin by utilizing optimum level of resources.

Technavio's analysts forecast the global IT spending market by cab aggregators to grow at a CAGR of 3.4% over the period 2014-2019.

Covered in this report

The report covers the current scenario and the growth prospects of the global IT spending market by cab aggregators for the period of 2015-2019. To calculate the market size, the report 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 is divided into the following segments based on IT spending by cab aggregators:

  • IT software spending
  • IT hardware spending
  • IT services spending
Technavio's report, Global IT Spending Market by Cab Aggregators 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, APAC, and EMEA; it also covers the landscape of the global IT spending market by cab aggregators and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
  • Americas
  • APAC
  • EMEA
Key vendors
  • deCarta
  • Exotel
  • Google
  • iCabbi
  • Microsoft
  • Paytm
  • Twilio
Other prominent vendors
  • American Express
  • Authbridge
  • Citrus Pay
  • iTrans
  • Knowlarity
  • MapmyIndia
  • Paypal
  • PayU
  • Suntelematics
  • Tata Docomo
  • Zaakpay
  • Zendrive
Key market driver
  • Shift toward the Internet platform-based disintermediation model
  • For a full, detailed list, view our report
Key market challenge
  • Threat from local cab associations
  • For a full, detailed list, view our report
Key market trend
  • Adoption of in-app payment systems and integration with digital wallets
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global IT Spending by Cab Aggregators 2015-2019

Technavio recognizes the following companies as the key players in the Global IT Spending by Cab Aggregators: deCarta, Exotel, Google, iCabbi, Microsoft, Paytm and Twilio

Other Prominent Vendors in the market are: Authbridge, American Express, Citrus Pay, iTrans, Knowlarity, MapmyIndia, Paypal, PayU, Suntelematics, Tata docomo, Zaakpay and Zendrive

Commenting on the report, an analyst from Technavio’s team said: “The number of app users is rising globally. This is encouraging app-based companies to expand their service portfolio in categories like food, grocery, and courier delivery. Extending a service portfolio through app-based platforms requires application development solutions that provide a user interface compatible with Android, iOS, and other mobile operating systems.”

According to the report, cab aggregators are required to maintain transparency and accountability in their billing systems. Ola has been criticized for what was considered an inefficient payment system and refund policy. Its refund policy came under scrutiny when it was observed that it was charging customers more due to technical errors in the billing system. Its pricing mechanism and fare structure is also under surveillance from the government because of complaints registered for unfair pricing policies. Cab companies require reliable technology solutions for their payment systems to charge accurate cab fares.

Further, the report states that cab aggregators operating in India have to pay high taxes. This might eventually force them to raise fares, which will then an impact on revenue. Earlier, cab aggregators in India were not liable to pay service tax, but the Government of India has stated that the aggregator’s business model is considered a service and that they would have to pay service tax.

Companies Mentioned

deCarta, Exotel, Google, iCabbi, Microsoft, Paytm, Twilio, Authbridge, American Express, Citrus Pay, iTrans, Knowlarity, MapmyIndia, Paypal, PayU, Suntelematics, Tata docomo, Zaakpay, Zendrive

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top vendor offerings
      • Table Product and services offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Cab aggregator funding and investors
      • Table Cab aggregator funding and investors
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global IT spending by cab aggregators 2015-2019 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by IT software spending
    • Market overview
    • Market size and forecast
      • Table Global IT software spending by cab aggregators 2015-2019 ($ millions)
  • Market segmentation by IT hardware spending
    • Market overview
    • Market size and forecast
      • Table Global IT hardware spending by cab aggregators 2015-2019 ($ millions)
  • Market segmentation by IT services spending
    • Market overview
    • Market size and forecast
      • Table Global IT service spending by cab aggregators 2015-2019 ($ millions)
  • Geographical segmentation
    • Table Global IT spending by cab aggregators by geography 2015
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • deCarta
    • Exotel
      • Table Exotel: Services
    • Google
      • Table Google: Business/product segmentation by revenue 2014
      • Table Google: Business segmentation by revenue 2013 and 2014
      • Table Google: Geographical segmentation by revenue 2014
    • iCabbi
      • Table iCabbi: Product segmentation 2014
    • Microsoft
      • Table Microsoft: Business segmentation 2014 by revenue
      • Table Microsoft: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Microsoft: Geographical segmentation by revenue 2014
    • Paytm
      • Table Paytm: Service segmentation
    • Twilio
      • Table Twilio: Product segmentation 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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