Increasing demand for commuting means for business and leisure activities is
expected to drive market growth
Increasing urbanization across all major economies, rampant economic development especially
in the highly promising markets o India and China, and increased investments in the
development o road in rastructure is eipected to present strong growth prospects or the cab
aggregator market participants. Other emerging economies such as India, Indonesia, Thailand,
the Philippines, and Malaysia are eipected to present significant growth potential over the
orecast period.
Global Key Players:
Global cab aggregators industry is consolidated with the presence o ew major participants such
as Uber, Ly t, Hailo, Ola, Grab Taii, Didi Dache, Gett, LeCab, Cabi y, and Bitaksi. Owing to low
initial investments and large growth opportunity, large number o new entrants are eipected to
enter the market. New industry participants include Cabby, TenZillionCabs, HiCabs, DropTaii and
Baii Taii. These are eipected to present considerable challenge to major players and create a
competitive atmosphere in the market over the orecast period.
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