POD Taxi Market Size

POD Taxi Market size is poised to grow at substantial growth rate during the forecast period i.e., between 2024-2036. 

The growth of the market can be attributed to the increasing concerns over the fatal effects of global warming, growing number of road accidents, and rising emphasis on the usage of renewable power for running automobiles. According to the data provided by World Health Organization (WHO), approximately 1.35 million people die every year as a result of road traffic collisions. In addition to these, POD taxis are considered to be more cost-effective in the long run than conventional cars, which is assessed to increase the demand for these vehicles in the future. Furthermore, intensifying infrastructural developments in developed and developing countries, and the escalating investments associated with smart city projects are expected to offer profitable opportunities to the market in the coming years.