United States (US) Radio Taxi Services Market Size, Share 2021 By Type

Summary

Report Description

The United States radio taxi services market has an organized industry structure. In 1960s, taxi services in the United States started with traditional medallion taxis and gradually transformed into advanced GPS-enabled, air conditioned radio cabs. Since 2009, private taxi operators started providing high end services such as ride-sharing apps and e-hailing apps, which transformed the way taxi service industry operated in the country. Due to high cost involved in procuring medallions and operating taxi services under medallion based taxi model, taxi drivers find it easy and economical to join private radio taxi service providers, thereby increasing the market share of For-Hire Vehicles (FHVs) in the radio taxi fleet of the country. Consequently, the For-Hire (FHVs) radio taxi service providers account for majority share in the overall market on account of reliable and comfortable travel experience offered to commuters along with various other facilities such as online payments, smartphone-app booking, GPS tracking, discounts, vouchers, etc.

According to recently released TechSci Research report, “United States Radio Taxi Services Market Forecast & Opportunities, 2021’’, radio taxi services market in the United States is forecast to grow at CAGR of about 6.6%, in value terms, during 2016 -2021. In 2015, For-Hire Vehicle (FHV) operators or the private service providers, accounted for the majority share in the United States radio taxi services market. Southeast region of the country comprising Florida, Georgia, North Carolina, Virginia, Kentucky, etc. dominated the country’s radio taxi services market in 2015, followed by Northeast region. “United States Radio Taxi Services Market Forecast & Opportunities, 2021” discusses the following aspects related to radio taxi services market in the United States:

United States Radio Taxi Services Market Size, Share & Forecast
Radio Taxi Investors Analysis
Tariff/Fare Analysis
Policy & Regulatory Landscape
Changing Market Trends & Emerging Opportunities
Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

To gain an in-depth understanding of radio taxi services market in the United States.
To identify the on-going trends and anticipated growth in the coming years
To help industry consultants, radio taxi companies and other stakeholders align their market-centric strategies
To obtain research based business decisions and add weight to presentations and marketing material
To gain competitive knowledge of leading players.
To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs.

Report Methodology

The information contained in this report is based on both primary and secondary sources. Primary research includes interviews with radio taxi service companies, operators and industry experts. Secondary research includes an exhaustive search of relevant publications such as company annual reports, financial reports and other proprietary databases.

Table of content

1. Research Methodology

2. Analyst View

3. United States Radio Taxi Services Business Model

4. United States Radio Taxi Services Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value & Volume

4.2. Market Share & Forecast

4.2.1. By Company

4.2.2. By End User (Individuals, Corporates and Tourists)

4.2.3. By Payment Mode (POS Machines, Cash and Vouchers)

4.2.4. By Vehicle Type (Sedans, Vans and Others)

4.2.5. By Region

5. United States Radio Taxi Investors Analysis

6. United States Radio Taxi Tariff/Fare Structure Analysis

7. Market Dynamics

7.1. Drivers

7.2. Challenges

8. Market Trends & Developments

8.1. Ease of Access Using Radio Taxi Apps

8.2. Huge Investment Opportunities

8.3. Growing Penetration in Small Counties

8.4. High Demand from Corporate Sector

8.5. Improving Accessibility of Radio Taxis

9. Policy & Regulatory Landscape

10. United States Economic Profile

11. Competitive Landscape

11.1. Uber Technologies Inc.

11.2. Lyft Inc.

11.3. Flywheel Software Inc.

11.4. GoGreenRide Inc.

11.5. Gett

11.6. Dallas Yellow Cab Co.

11.7. Flash Cabs

11.8. Broadway Cab

11.9. NY One LLS Inc.

11.10. Blacklane

12. Strategic Recommendations

Figures and Tables

List of Figures

Figure 1: United States Radio Taxi Services Business Model Share, By Type, By Volume, 2015 & 2021F

Figure 2: United States Radio Taxi Services Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2011-2021F

Figure 3: United States Radio Taxi Services Market Share, By Company, By Value, 2015-2021F

Figure 4: United States Radio Taxi Services Market Share, By End User, By Trip, 2015-2021F

Figure 5: United States Radio Taxi Services Market Share, By Payment Mode, By Value, 2015-2021F

Figure 6: United States Radio Taxi Services Market Share, By Vehicle Type, By Volume, 2015-2021F

Figure 7: United States Radio Taxi Services Market Share, By Region, By Volume, 2015 & 2021F

List of Tables

Table 1: United States Radio Taxi Services Prominent Private Equity Investments, By Funding Amount & Year (USD)

Table 2: New York City Radio Taxi Fare, 2015 (USD)

Table 3: Los Angeles Radio Taxi Fare, 2015 (USD)

Table 4: Chicago Radio Taxi Fare, 2015 (USD)

Table 5: Philadelphia Radio Taxi Fare, 2015 (USD)

Table 6: San Antonio Radio Taxi Fare, 2015 (USD)

Table 7: United States Funding and Incentives Schemes for Accessible Radio Taxis, By Select State

Frequently asked questions

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Press Release

US Radio Taxi Services Market to Grow at 7%

Feb, 2016

Increasing demand for radio taxis by passengers and tourists along with growing penetration of radio taxis in remote areas to fuel growth in United States radio taxi services market

United States Radio Taxi Services Market Forecast and Opportunities, 2021

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