Australia Radio Taxi Market By Vehicle Type (Hatchback; Sedan; SUV and Luxury), By User (Individual; Corporate and Tourist), By Payment Mode (Cash and Online), By Region, Competition, Forecast & Opportunities, 2027

Australia radio taxi market is anticipated to grow at a CAGR of over 10% during the forecast period on account of growing demand for cost-effective mode of commute with better comfort and need to reduce urban traffic congestion. Moreover, radio taxi offers benefits such as multiple payment options, GPS enabled vehicles and booking convenience, which is further propelling the growth of the market. Additionally, as the number of online bookings for radio taxis is increasing, most of the drivers are willing to have their own car, which is further expected to positively influence radio taxi market of Australia during the forecast period.

Australia radio taxi market can be segmented based on vehicle type, user, payment mode and regional analysis. On the basis of vehicle type, the market can be segmented into hatchback, sedan, SUV and luxury. SUV vehicle type is one of the major segments in the radio taxi market due to high demand for SUV in the country. On the basis of payment mode, online is likely to witness significant growth in the coming years on account of discount and cashbacks on paying online for the ride.

The major players operating in the radio taxi market of Australia include Uber Australia Pty Ltd, Ola Australia Pty Ltd, Bolt (Taxify), GM Cabs Australia, Black & White Cabs Pty Ltd., DiDi, Gocatch, among others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

On the basis of region, the market can be segmented into New South Wales, Northern Territory, Queensland, South Australia, Tasmania, Victoria and Western Australia. New South Wales and Victoria are likely to account for larger share in the market owing to the presence of cities such as Sydney and Melbourne which have large pool of customers.

Objective of the Study:

• To analyze and forecast the market size of Australia radio taxi market.
• To classify and forecast Australia radio taxi market based on vehicle type, user, payment mode and regional distribution.
• To identify drivers and challenges for Australia radio taxi market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Australia radio taxi market.
• To conduct the pricing analysis for Australia radio taxi market.
• To identify and analyze the profile of leading players operating in the Australia radio taxi market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major service providers across the country.

TechSci Research calculated the market size of Australia radio taxi market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

·         Radio taxi vendors

·         Research organizations and consulting companies

·         Trade Associations, organizations, forums and alliances related to radio taxi

·         Government bodies such as regulating authorities and policy makers

·         Industry associations

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Australia radio taxi market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by Vehicle Type:
• Hatchback
• Sedan
• SUV
• Luxury
• Market, by User:
• Individual
• Corporate
• Tourist
• Market, by Payment Mode:
• Cash
• Online
• Market, by Region:
• New South Wales
• Northern Territory
• Queensland
• South Australia
• Tasmania
• Victoria
• Western Australia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Australia radio taxi market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]