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(USGovernment-News.Com, February 13, 2018 ) Publisher’s market study identifies the high-quality user interface of E-hailing apps to be one of the primary growth factors for the cab services market. E-hailing apps such as Uber, Ola, and Lyft are integrated with 2D or 3D maps that facilitates the customers to easily and accurately track their booked cab. Ease of operations and additional relevant features related to destinations and routes are increasingly influencing the expanding customer base. In addition to the wide customer base in developed countries, the customer base in developing countries is steadily expanding. Our market analysts estimate that the market will grow steadily at a CAGR of more than 8% by 2021.
Social media platforms such as Twitter, Facebook, and Google + provides customer behavior data to the cab service companies. Uber and Ola use analytics that efficiently measures the supply and demand of their taxi operations, and understand the pattern of demand during peak hours.
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