Cab booking services and applications has become a crucial mode of transportation across many countries. The cab booking industry is rapidly evolving as an essential market today.
While mobility as a topic or sector isn’t a new thing, a lot of businesses are plunging into a corporate taxi booking system to leverage their fair share of the growing market.
A stat from Statista shows that the revenue of taxi booking services in the U. S. alone is expected to reach up to 2,841 million U. S. dollars by 2022 up from 2,225 million U. S. dollars in 2010.
With cab hailing and taxi booking applications becoming omnipresent, corporate taxi service is a new trend in the market. In fact, the magnitude of corporate people using a taxi for day to day travel and is rising at an unprecedented pace.
Previously, the dependence on the privately-owned vehicles was quite high and public transport was a single fall-back option.
The scenario changed when a taxi service was called in specifically for trips to and from the airport or when someone needed to travel during odd hours.
This continued until taxi-hailing tech firms like Uber and Ola came into the picture.
These firms entered the market a couple of years of ago with the proposition of convenience, ease of use and taxi booking, and highly attractive rates. Several other local companies then joined the league replicating the Uber and Ola business models.
Original source: Cab Booking System For Corporate Employees
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