Indhumathi D

The ride-hailing industry is always subject to change based on the dynamic market demands. Surpassing taxis and carpooling, bike taxis have made it up to the limelight now. In fact, the bike-sharing market which amounts to 1570 million USD in 2019 is expected to reach 5440 million USD in 2024.
Major players in the ride-hailing industry have started investing in bike taxis.

Indhumathi D

On-demand Bike Taxi Concept
Bike taxi adds more convenience besides reliability in reaching places with ease. The ride-hailing service has already improved the way people commute earlier. However, there are certain things like traffic, roadblocks due to natural calamities, and so on that cannot under human or technology control. Such obstacles are eliminated after the bike taxi permeated the industry.