Global Taxi Dispatch Software Market by Product Types (Cloud-based, Web-based), by Taxi Types (Sedan, Hatchback, 3-Wheelers, and Others), by End-users (Small Business, Midsize Enterprise, and Large Enterprise), and Regions (North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027
Taxi Dispatch Software Market Outlook
The global taxi dispatch software market was valued at USD 313.3 Mn in 2019 and is projected to reach USD 749.9 Mn by 2027, expanding at a CAGR of 13.9% during the forecast period. Several emerging trends in enterprise information technology (IT) infrastructure have fueled the demand for complex, high-margin taxi dispatch software, which in turn, is creating opportunities for the market across the globe.
Key players in the market are engaged in increasing the number of acquisitions of regional players to expand their sales portfolio across multiple countries in the world. Mergers and partnerships help companies develop software platforms and innovative technologies pertaining to the taxi dispatch software.
Scope of Taxi Dispatch Software Market Report
The report on the global taxi dispatch software market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Taxi Dispatch Software Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year |
2019 |
Historic Data |
2017–2018 |
Forecast Period |
2020–2027 |
Segmentation |
Types (Cloud-based, Web-based), Taxi Types (Sedan, Hatchback, 3-Wheelers, and Others), End-users (Small Business, Midsize Enterprise, and Large Enterprise) |
Regional Scope |
North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered |
Bolt Technology OÜ, Magenta Technology, Jungleworks, DDS Wireless International Inc., TaxiMobility.com, Coolnagour Ltd., Elluminati Inc, MTData, Sherlock Taxi, TaxiCaller Nordic AB, Autocab International, Gazoop.com, NET Informatika d.o.o., TaxiPulse, and Yelowsoft. |
Taxi Dispatch Software Market Dynamics
The taxi industry contributes significantly to the global economy. Rising demand for taxi sharing services is replacing the demand for conventional taxis in the market, which has a positive impact on the growth of the taxi dispatch software market. Increasing number of taxi bookings through apps is surging the demand for the taxi dispatch software market.
Owing to increasing adoption of taxi bookings through mobile applications, taxi companies such as Uber and Grab gained immense traction from passengers, as a significant consumer population considers taxi service as convenient and time-saving. Approximately, 15 million taxi trips are made each day, which is expected to increase during the forecast period and surpass 80 million taxi trips by 2027.
Several companies are raising funds from investors to improve their technology and provide better services to their customers. Moreover, the taxi dispatch software rose significantly and is available to a large customer base across the globe. Rules and regulations have a significantly hampered software companies. Businesses must factor these costs into expenses and pay significant fines for non-compliance. These regulations are intended to reduce funding for terrorism and restrictive administrations.
Complying with government regulations requires the use of specialized software and equipment. Changing government rules and regulations hamper the growth of the taxi software market. Data theft has raised concerns for several companies engaged in developing software and solutions. It has hampered the reputation of several companies in the past; therefore, various advancements and developments are currently being made for overcoming this obstacle.
Additionally, privacy-enhancing technologies are being developed in the ICT sector. Europe and North America are considered as technologically advanced regions. Hence, the adoption of advanced technologies while developing taxi dispatch software is expected to create significant growth opportunities in the global taxi dispatch software market in these two regions during the forecast period.
Taxi Dispatch Software Market Segmental Outlook
By Types Segment
Based on product types, the global taxi dispatch software market is divided into cloud-based and web-based. The cloud-based segment is anticipated to hold a significant share of the market, owing to its increasing use by multiple taxi companies.
The cloud-based segment is expected to dominate the market during the forecast period, due to the increase in the usage of cloud-based solutions. Taxi software companies are gradually moving their data storage from on-premise to cloud-based platforms, as the deployment of cloud services offer superior efficiency of work processes and increases storage space.
By Taxi Types Segment
In terms of taxi types, the market is segmented into sedan, hatchback, 3-wheeler, and others (limo taxi, medical transport taxi, crossover utility vehicle, multipurpose utility vehicles, and bike taxi). The sedan segment is anticipated to account for a key share of the market, owing to due to increasing collaboration between taxi companies and taxi dispatch software players.
By End-users Segment
On the basis of end-users, the global taxi dispatch software market is categorized into small business, midsize enterprise, and large enterprises. The large enterprises segment is expected to account for a key market share, as large enterprises are extensively adopting taxi dispatch software owing to the presence of a large workforce.
The software assists in maintaining employee records, taxi booking statistics, sub-contracting, and document maintenance. Thus, the segment holds a significant share of the market. The small business segment is projected to grow at a significant pace during the forecast period, due to increasing investment in regional expansion by taxi companies.
Taxi Dispatch Software Market Regional Outlook
In terms of regions, the global Taxi Dispatch Software Market is segregated into North America, Europe, Latin America, and Middle East & Africa. Europe accounted for a significant share of the global market in 2019. Key companies from North America and Europe are focused on increasing penetration in the market in Latin America and the Middle East & Africa through mergers and acquisitions.
The market in Latin America is projected to expand at a considerable pace during the forecast period. Increase in the number of small business in Latin America and growth of IT and telecom industry are encouraging key players to increase their marketing campaigns in the region.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the taxi dispatch software.
- Historical, Current and Projected Market Size in terms of Value.
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Taxi Dispatch Software Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Taxi Dispatch Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Taxi Dispatch Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Taxi Dispatch Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Taxi Dispatch Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Taxi Dispatch Software Market Size & Forecast, 2017-2027
4.5.1 Taxi Dispatch Software Market Size and Y-o-Y Growth
4.5.2 Taxi Dispatch Software Market Absolute $ Opportunity
4.6 Global Taxi Dispatch Software Market: Impact Of Key Regulations
Chapter 5 Global Taxi Dispatch Software Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Taxi Dispatch Software Market Size Forecast By Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Taxi Dispatch Software Market Analysis and Forecast By taxi Type
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By taxi Type
6.1.2 Basis Point Share (BPS) Analysis By taxi Type
6.1.3 Absolute $ Opportunity Assessment By taxi Type
6.2 Taxi Dispatch Software Market Size Forecast By taxi Type
6.2.1 Sedan
6.2.2 Hatchback
6.2.3 3-Wheelers
6.2.4 Others
6.3 Market Attractiveness Analysis By taxi Type
Chapter 7 Global Taxi Dispatch Software Market Analysis and Forecast By End-user
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities By End-user
7.1.2 Basis Point Share (BPS) Analysis By End-user
7.1.3 Absolute $ Opportunity Assessment By End-user
7.2 Taxi Dispatch Software Market Size Forecast By End-user
7.2.1 Small Business
7.2.2 Midsize Enterprise
7.2.3 Large Enterprise
7.3 Market Attractiveness Analysis By End-user
Chapter 8 Global Taxi Dispatch Software Market Analysis and Forecast by Region
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities by Region
8.1.2 Basis Point Share (BPS) Analysis by Region
8.1.3 Absolute $ Opportunity Assessment by Region
8.2 Taxi Dispatch Software Market Size Forecast by Region
8.2.1 North America
8.2.2 Europe
8.2.3 Latin America
8.2.4 Middle East & Africa (MEA)
8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
9.1 Introduction
9.2 Current & Future Impact Analysis
9.3 Economic Impact Analysis
9.4 Government Policies
9.5 Investment Scenario
Chapter 10 North America Taxi Dispatch Software Analysis and Forecast
10.1 Introduction
10.2 North America Taxi Dispatch Software Market Size Forecast by Country
10.2.1 U.S.
10.2.2 Canada
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 North America Taxi Dispatch Software Market Size Forecast By Type
10.6.1 Cloud Based
10.6.2 Web Based
10.7 Basis Point Share (BPS) Analysis By Type
10.8 Absolute $ Opportunity Assessment By Type
10.9 Market Attractiveness Analysis By Type
10.10 North America Taxi Dispatch Software Market Size Forecast By taxi Type
10.10.1 Sedan
10.10.2 Hatchback
10.10.3 3-Wheelers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis By taxi Type
10.12 Absolute $ Opportunity Assessment By taxi Type
10.13 Market Attractiveness Analysis By taxi Type
10.14 North America Taxi Dispatch Software Market Size Forecast By End-user
10.14.1 Small Business
10.14.2 Midsize Enterprise
10.14.3 Large Enterprise
10.15 Basis Point Share (BPS) Analysis By End-user
10.16 Absolute $ Opportunity Assessment By End-user
10.17 Market Attractiveness Analysis By End-user
Chapter 11 Europe Taxi Dispatch Software Analysis and Forecast
11.1 Introduction
11.2 Europe Taxi Dispatch Software Market Size Forecast by Country
11.2.1 Germany
11.2.2 France
11.2.3 Italy
11.2.4 U.K.
11.2.5 Spain
11.2.6 Russia
11.2.7 Rest of Europe
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Europe Taxi Dispatch Software Market Size Forecast By Type
11.6.1 Cloud Based
11.6.2 Web Based
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 Europe Taxi Dispatch Software Market Size Forecast By taxi Type
11.10.1 Sedan
11.10.2 Hatchback
11.10.3 3-Wheelers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis By taxi Type
11.12 Absolute $ Opportunity Assessment By taxi Type
11.13 Market Attractiveness Analysis By taxi Type
11.14 Europe Taxi Dispatch Software Market Size Forecast By End-user
11.14.1 Small Business
11.14.2 Midsize Enterprise
11.14.3 Large Enterprise
11.15 Basis Point Share (BPS) Analysis By End-user
11.16 Absolute $ Opportunity Assessment By End-user
11.17 Market Attractiveness Analysis By End-user
Chapter 12 Latin America Taxi Dispatch Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Taxi Dispatch Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Taxi Dispatch Software Market Size Forecast By Type
12.6.1 Cloud Based
12.6.2 Web Based
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Latin America Taxi Dispatch Software Market Size Forecast By taxi Type
12.10.1 Sedan
12.10.2 Hatchback
12.10.3 3-Wheelers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis By taxi Type
12.12 Absolute $ Opportunity Assessment By taxi Type
12.13 Market Attractiveness Analysis By taxi Type
12.14 Latin America Taxi Dispatch Software Market Size Forecast By End-user
12.14.1 Small Business
12.14.2 Midsize Enterprise
12.14.3 Large Enterprise
12.15 Basis Point Share (BPS) Analysis By End-user
12.16 Absolute $ Opportunity Assessment By End-user
12.17 Market Attractiveness Analysis By End-user
Chapter 13 Middle East & Africa (MEA) Taxi Dispatch Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Taxi Dispatch Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Taxi Dispatch Software Market Size Forecast By Type
13.6.1 Cloud Based
13.6.2 Web Based
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Middle East & Africa (MEA) Taxi Dispatch Software Market Size Forecast By taxi Type
13.10.1 Sedan
13.10.2 Hatchback
13.10.3 3-Wheelers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis By taxi Type
13.12 Absolute $ Opportunity Assessment By taxi Type
13.13 Market Attractiveness Analysis By taxi Type
13.14 Middle East & Africa (MEA) Taxi Dispatch Software Market Size Forecast By End-user
13.14.1 Small Business
13.14.2 Midsize Enterprise
13.14.3 Large Enterprise
13.15 Basis Point Share (BPS) Analysis By End-user
13.16 Absolute $ Opportunity Assessment By End-user
13.17 Market Attractiveness Analysis By End-user
Chapter 14 Competition Landscape
14.1 Taxi Dispatch Software Market: Competitive Dashboard
14.2 Global Taxi Dispatch Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details - Overview, Financials, Developments, Strategy)
14.3.1 Autocab International
14.3.2 Bolt Technology OÜ
14.3.3 Coolnagour Ltd
14.3.4 DDS Wireless International Inc.
14.3.5 Elluminati Inc
14.3.6 Gazoop.com
14.3.7 Jungleworks
14.3.8 Magenta Technology
14.3.9 MTData
14.3.10 NET Informatika d.o.o.
14.3.11 Sherlock Taxi
14.3.12 TaxiCaller Nordic AB
14.3.13 TaxiMobility
14.3.14 TaxiPulse
14.3.15 Yelowsoft