The global IT spending market by cab aggregators is segmented by software spending, by hardware spending, and by services spending. The report also includes a detailed analysis and segmentation of the market by geography and includes regions like the APAC, EMEA, and the Americas.
Technavio market research analysts estimate the global IT spending by cab aggregators to post an impressive market value of nearly US$ 680 million by 2019. Much of this growth will come from the software-spending segment, which is primarily driven by the in-house application development teams. This segment is predicted to post a modest market growth rate of nearly 3% by 2019 and factors like the advent of disruptive technology solutions and recent innovations are expected to result in its modest growth during the forecast period.
The new market research report from Technavio provides a breakdown and analysis of the global IT spending market by cab aggregators by hardware spending.
“The growing investment by cab aggregators in IT infrastructure for network infrastructure, servers, and other hardware equipment is predicted to result in the steady growth of the hardware spending segment. As most companies look for cost-effective solutions to scale their business, the number of server shipments is also estimated to increase as most cab aggregators prefer to maintain their own servers. Moreover, the investment in servers is likely to rise during the forecast period as cab aggregators require effective communication systems for sending messages over multiple platforms. This growing need to send messages across multiple platforms and handling customer requests is expected to impel the production of robust hardware systems, which in turn augments market growth during the forecast period,” says Navin Rajendra, Lead Analyst, ICT, Technavio research.
The report also offers a breakdown of market shares by geography, including regions like the Americas, EMEA, and APAC. The Americas are expected to account for the largest market share during the forecast period. This region singlehandedly accounts for a market share of more than 38% during the forecast period and factors like the increased spending on software packages, hardware, and services are expected to account for its high market share during the forecast period.
Global IT spending by cab aggregators by geography
Source: Technavio, 2015
Top companies in this market are deCarta, Exotel, Google, Icabbi, Microsoft, Paytm, and Twilio. The report provides an overview of these companies, their financial overview, business strategies, and recent developments, as well as an in-depth discussion of the main market drivers, challenges, and trends.
A more detailed analysis is available in the Technavio report Global IT Spending by Cab Aggregators: Market Research Report 2015-2019.
We can customize reports by other regions and specific segments upon request.
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