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The Global Taxi and Limousine Services Market Was Valued at $94 Billion in 2017 According To TBRCÂ’s Latest Report


(USGovernment-News.Com, August 09, 2018 ) Taxi and limousine service companies offer passenger transportation services via taxi and limousine.

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The global taxi and limousine services market was valued at $94 billion in 2017, and is expected to be driven by strategic partnerships of private transit service providers with government. Along with this, technological development in developing countries has helped these service provider to deliver services efficiently. Western Europe was the largest geographic region, accounting for over 33% of the global market share.

The taxi and limousine service market in The Business Research Company’s report was split into two segments: mobile application based taxi services; and other taxi services.

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The USA was the largest country in taxi and limousine service market in 2017, accounting for one-fifth of the global market share.

The top five competitors of the market are Uber, Lyft, Yellow Cab, Limo City, and Eti Taxi Service. Uber was the biggest player in taxi and limousine service market in 2017. It develops, operates, and markets a ridesharing mobile application which allows consumers to request a trip, which is routed through location services to crowd-sourced taxi drivers. It serves customers in North, Central, and South Americas, as well as Europe, the Middle East, Africa, and the Asia Pacific. It is based in San Francisco, California.

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information.

The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293

The Business Research Company

Marketing TBRC

+91 8897263534

Source: EmailWire.Com


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