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Australia Taxi Market Size, Share, Trends, Growth, Forecast: By Service Type: Ride Sharing, Ride Hailing, Others; By Vehicle Type: Motorcycle, Cars, Others; By Booking Type: Offline Booking, Online Booking; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Australia Taxi Market Outlook
The Australia taxi market size reached USD 5.81 billion in 2023. The market is expected to grow at a CAGR of 5.77% between 2024 and 2032, reaching USD 9.59 billion by 2032.
Key Takeaways
- The Australian Bureau of Statistics reported that in January 2024, there were 603,770 short-term visitor arrivals, marking a yearly rise of 191,360 trips.
- As per the Australian Bureau of Statistics, the total arrivals in January 2023 amounted to 2,122,070, reflecting an annual upsurge of 514,060, thereby bolstering the Australia taxi market.
- As indicated by data from the Australian Bureau of Statistics, the typical household in 2022 possesses an average of 1.8 motor vehicles.
Ride-sharing contributes to the Australia taxi market growth, particularly due to its cost-saving benefits. This is evident in how passengers can divide the fare among fellow travellers on the same route, resulting in substantial reductions in individual expenses
Ride-sharing presents opportunities for savings by dividing fares, removing the need for car ownership expenses, easing traffic congestion for smoother journeys, offering environmental advantages, enabling convenient booking with multiple stops, fostering social interaction, and providing varied payment choices.
Ride-hailing delivers convenient app-driven booking from any location, emphasizes safety through driver information and trip sharing, ensures transparent pricing, guarantees prompt response times, offers adaptable driver selections, includes feedback mechanisms, and provides specialised services.
As per the Australian Trade and Investment Commission, Wisk plans to introduce its self-flying, electric air taxis to Australia for the 2032 Olympic and Paralympic Games in Brisbane, marking a significant leap in flight technology. The company's sixth-generation eVTOL air taxi, launched in September 2022, represents a pioneering advancement in autonomous, all-electric vertical take-off and landing aircraft.
Market Segmentation
Australia Taxi Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Service Type
- Ride Sharing
- Ride Hailing
- Others
Market Breakup by Vehicle Type
- Motorcycle
- Cars
- Others
Market Breakup by Booking Type
- Offline Booking
- Online Booking
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia taxi market key players are Uber Technologies Inc., Gm Cabs, A2B Australia Limited, Ingogo Limited, Taxi Apps Pty Ltd., Rydo Technologies Pty Ltd., Didi Mobility (Australia) Pty Ltd., Silver Top Taxi Pty Ltd., Black and White Cabs Pty Ltd., and Ladies Let’s Roll Pty Ltd. among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Service Type |
|
| Breakup by Vehicle Type |
|
| Breakup by Booking Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Taxi Market Overview
8.1 Key Industry Highlights
8.2 Australia Taxi Historical Market (2018-2023)
8.3 Australia Taxi Market Forecast (2024-2032)
9 Australia Taxi Market by Service Type
9.1 Ride Sharing
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Ride Hailing
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Others
10 Australia Taxi Market by Vehicle Type
10.1 Motorcycle
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Cars
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Australia Taxi Market by Booking Type
11.1 Offline Booking
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Online Booking
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Australia Taxi Market by Region
12.1 New South Wales
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Victoria
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Queensland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Australian Capital Territory
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Uber Technologies Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Gm Cabs
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 A2B Australia Limited
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Ingogo Limited
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Taxi Apps Pty Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Rydo Technologies Pty Ltd.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Didi Mobility (Australia) Pty Ltd.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Silver Top Taxi Pty Ltd.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Black and White Cabs Pty Ltd.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Ladies Let’s Roll Pty Ltd.
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Taxi Market: Key Industry Highlights, 2018 and 2032
2. Australia Taxi Historical Market: Breakup by Service Type (USD Billion), 2018-2023
3. Australia Taxi Market Forecast: Breakup by Service Type (USD Billion), 2024-2032
4. Australia Taxi Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
5. Australia Taxi Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
6. Australia Taxi Historical Market: Breakup by Booking Type (USD Billion), 2018-2023
7. Australia Taxi Market Forecast: Breakup by Booking Type (USD Billion), 2024-2032
8. Australia Taxi Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Australia Taxi Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. Australia Taxi Market Structure
Key Questions Answered in the Report
The market was valued at USD 5.81 billion in 2023.
The market is projected to grow at a CAGR of 5.77% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 9.59 billion in 2032.
The taxi market is categorised according to service type, which includes ride-sharing, ride-hailing and others.
The key players are Uber Technologies Inc., Gm Cabs, A2B Australia Limited, Ingogo Limited, Taxi Apps Pty Ltd., Rydo Technologies Pty Ltd., Didi Mobility (Australia) Pty Ltd., Silver Top Taxi Pty Ltd., Black and White Cabs Pty Ltd., and Ladies Let’s Roll Pty Ltd. among others.
Based on the vehicle type, the market is divided into motorcycles, cars, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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