What are the largest and popular taxi booking services in the world? People these days book taxis online; it may not be the smoothest transition from conventional transportation businesses, but one thing is for sure: digital technologies help people change their lifestyles and habits. As proof, more people have started booking a taxi online more than they ever did before. 

From user-friendly booking apps to smart route optimization to real-time tracking, online taxi booking services have changed the way people commute. It is also safer to opt for a private vehicle, thus stopping the coronavirus’s spread. Have you been waiting to upscale your local transportation business? Opt for a digital solution and experience a hike in profitability and revenue in no time. 

How do you get from point A to point B? Most likely, you booked your ride through a ride-hailing app recently. Apps and services for ride-hailing are growing at a rapid pace, and more and more people are using them these days due to hectic schedules and convenience. Many new apps and services are emerging in different parts of the world to make the process of hailing a taxi more convenient than ever before.

As a result, people are no longer able to travel as they did before in the same way. The travel industry is facing disruption, as more people are signing up for these services than ever before! But what are these services? Hold on, this blog is all about popular taxi booking services across the globe. 

Ride-Sharing Market Globally Is Skyrocketing 

Uber or Lyft or Ola? It is always a question about which taxi app is best, which is why this post will explain to you a list of the top 5 best taxi apps worldwide as of 2022. Here’s a look at the top ride-sharing companies, their market valuation, who they are, and where the industry is headed before we get to the full list. 

In 2018, the ride-sharing market grew at a CAGR of 19.87%, reaching a market size of USD 61.3 billion by 2025. This will increase to USD 218 billion by 2025. The top five taxi apps in the world are driving incremental growth, with Uber leading the charge.

Now, before heading towards the list of best taxi booking apps, have a look at the below statistics. 

  • What is the value of the ride-sharing industry? 218 billion dollars will be invested in the ride-sharing industry by 2025. Due to urbanization and a sudden decline in car ownership, personal mobility is one of the main drivers of this market. The growth of modern technology companies is also contributing to their stellar performance.
  • As the world’s largest ride-sharing company, Uber accounts for 71% of the US ride-sharing market. 
  • In terms of annual revenue, Uber is the world’s largest ride-sharing company with USD 14.14 billion.
  • The success of these industries depends on smartphone penetration.
  • At least one-quarter of US residents use ride-sharing services every month.

List of the Best Taxi Booking Apps in the World 

Uber

Would you like to know which taxi app is the best? Uber holds over 71% of the market share of the ride-sharing market, making it the world’s leading taxi app. As an American multinational ride-sharing company, Uber offers services like peer-to-peer ridesharing, ride-hailing services, food delivery (Uber Eats), and much more. Due to its market share and popularity, Uber stands out as the best taxi app in 2020.

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Uber has indeed got immense popularity in the cab booking market and has also inspired many entrepreneurs to revamp their existing business models. Therefore, startup owners are now looking for the best Uber clone app to taste the same success and it also has the potential to automate traditional ride-hailing businesses.

Lyft

In the summer of 2012, Logan Green and John Zimmer released Lyft as a spinoff of their long-running company Zimride. The concept was fairly straightforward: ride-sharing to reduce travel costs. Lyft started allowing users to rent a car within its app in August 2020, in partnership with rental car company Sixt.

Based on Statista, Lyft holds a 29% market share in the US. The Lyft app also offers some notable features for Rider Safety, such as the ability to request emergency assistance, User’s Data Protection, Trip Sharing, Ride Coordination, and more.

Hailo

The London-based Hailo company was founded in November 2011 and is among the fastest-growing online taxi companies in the UK. The Hailo app is trusted worldwide. Over 20 cities in the world are available, including London, Barcelona, and Osaka, as well as Ireland. With Hailo, you can easily book a cab with the Hailo Hub, Hailo electronic pay, Hailo for Business, and mobile apps for Android, Apple Watch, and iOS.

FREE NOW

It is Europe’s “most popular taxi app.” There are 100,000 registered taxi drivers with FREE NOW in over 100 cities. As Uber’s service has been compromised, FREE NOW has become one of London’s most popular black cab companies. You can ride in a black cab for the right price and experience the famous black cab experience. Pre-booking is possible, all drivers are licensed, and you can also store your favorite drivers.

Gett

Gett was introduced to London in 2011 and is available on both iOS and Android. Due to its recent focus on taxi sharing, its fares are sometimes reasonable and there’s no surge pricing during peak times like Uber. Citymapper, a new transportation planner, is collaborating with Gett Together to offer a new flat-rate taxi service through the city. Furthermore, Gett is also available outside of London, including in cities like Newcastle, Leeds, and Edinburgh.

To Sum Up

The demand for cabs- particularly those that can provide safe services- will increase as modern consumers, especially women, become more aware of the hazards of traveling in taxis at night. There are several startups in the cab aggregation business globally; this is a clear indication that people prefer to pre-book cabs in their own cities or when they travel.

Many top taxi companies have stepped up and started offering a comprehensive range of travel services as well. These companies provide a reliable income source for car owners and taxi drivers.

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