Taxi Market in India to Grow at 13% during 2017 – 2022
Increasing demand from
individuals, corporates and tourists, and growing promotional activities by
taxi operators to aid India taxi market through 2022
According to TechSci Research report, “India Taxi Market By User Segment, By Payment Mode, By
Vehicle Type, By Taxi Type, Competition Forecast &
Opportunities, 2022”, the India
taxi market is projected to grow at a CAGR of over 13%, in value terms, during 2017 –2022. Some
of the major drivers responsible for propelling demand for taxis in India are
growing preferences of the users to travel by cabs rather than their own
vehicle due to traffic congestion coupled with easy availability of cabs at a
reasonable cost.
Browse 18 Tables and 61 Figures
spread through 140 Pages and an in-depth TOC on "India
Taxi Market"
https://www.techsciresearch.com/report/india-taxi-market/1450.html
Changing consumer lifestyles, increasing disposable
income and hassle-free travel experience to customers is expected to aid India
taxi market. Moreover, an increasing number of customers are inclining towards
radio taxis on account of various value-added offerings such as booking
convenience through mobile applications, air conditioning, multiple payment
options, 24X7 customer support, electronic fare meters and GPS enabled
vehicles. Increasing investments by venture capitalists, and rising radio taxi
usage by individuals, corporates and tourists is anticipated to further boost demand
for taxi services in India during 2017 – 2022.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1450
Customers can
also request for 10% free customization on this report.
“In India, taxi services, especially radio taxis, are
emerging as an attractive business proposition, and consequently, an increasing
number of investors have been expressing their interest in the country’s taxi
services market over the last few years. During 2012 – 2016, venture
capitalists, private equity firms and angel investors across the globe have
made huge investments in the market in the anticipation of lucrative returns. Over
the course of next five years as well, investments in taxi services market in
India are expected to increase, which is expected to result in even more
brighter days for the country’s taxi market until 2022.”, said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“India Taxi Market By
User Segment, By Payment Mode, By Vehicle Type, By Taxi Type, Competition Forecast &
Opportunities, 2022” has analyzed the potential
of India taxi market, and provides statistics and information on market sizes,
shares and trends. The report will suffice in providing the intending clients
with cutting-edge market intelligence and help them in taking sound investment
decisions. Besides, the report also identifies and analyzes emerging trends
along with essential drivers and key challenges faced by India taxi market.
About TechSci Research
TechSci Research is a leading global market research firm
publishing premium market research reports. Serving 700 global clients with more than 600 premium market
research studies, TechSci Research is serving clients across 11 different
industrial verticals. TechSci Research specializes in research based consulting
assignments in high growth and emerging markets, leading technologies and niche
applications. Our workforce of more than 100 fulltime Analysts and Consultants
employing innovative research solutions and tracking global and country
specific high growth markets helps TechSci clients to lead rather than follow
market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]