Global IT Spending by Cab Aggregators: Market Research Report 2015-2019 is a new research report added by Sandlerresearch.org under the Information Technology category. The report also presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the market.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.
The analysts forecast 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
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The 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 market driver
- Shift toward the Internet platform-based disintermediation model
Key market challenge
- Threat from local cab associations
Key market trend
- Adoption of in-app payment systems and integration with digital wallets
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