The recently published report titled “Transportation Aggregators Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the transportation aggregators market in terms of market segmentation by mode of transportation, by type of vehicles, by customer, by payment mode and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The global transportation aggregators market is segmented by mode of transportation, type of vehicles, by customer, payment mode and regions. The market is further segmented by transportation into roadways, railways, airways and seaways; by type of vehicles into passenger, logistics and commercial; by customer into business and leisure. Based on payment mode, the market is segmented into cash, online payment and mobile wallets, out of which, the mobile wallets segment is anticipated to have significant growth owing to the ease that customers have over carrying cash along with the availability of discounts in these services. The market is anticipated to record a CAGR of around 8.46% over the forecast period i.e. 2019-2027.
Geographically, the transportation aggregators market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The inclination of population towards trending mobile solutions is expected to significantly boost the growth of the market in Asia Pacific region. Moreover, the market in North America is expected to witness competitive growth on the back of highly integrated supply chain network, whereas, the market in Middle East and Africa and Latin America region is at the nascent stage and aggregators are anticipated to slowly and gradually expand their business in these regions.
Technological Advancements Reflect Significant Opportunities
The transportation aggregators provide the users with different payment options for the services provided such as secure online payment, cash on delivery and mobile wallets giving them the comfort of choice. Moreover, growing technological advancements also provide the users with the facility to contact the aggregators, irrespective of time and place. These factors are estimated to enhance the customer satisfaction and promote the business of transportation aggregators along with attracting a greater number of users, further leading to the expansion of the market. Additionally, the discounts on the cost of services, provided by the aggregators on the back of growing competition in the market is anticipated to boost the growth of the market over the forecast period.
However, variation in rules and regulations coupled with non-availability of these services in developing and less populated areas is estimated to negatively affect the market growth during the forecast period.
This report also provides the existing competitive scenario of some of the key players of the transportation aggregators market which includes company profiling of Uber Technologies Inc., ANI Technologies, Lyft, Gett, Shippr and Grab Holdings Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the transportation aggregators market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.