It is difficult for traditional taxi businesses to survive in the present competitive world as everyone is using taxi booking apps. Such apps make the process of booking a taxi more simple, allowing the riders to book a taxi/cab with a few taps. Upon accepting the ride request, the drivers will reach the riders’ pickup location at an estimated time and reach the destination.
This comfort of availing a taxi service is the foremost reason for the increased demand for taxi apps. According to Statista, the global ride-hailing & taxi market’s worth will be $392,580 million by 2025, which will be 11.02% from 2021 and 2025. Are you someone who is looking to start a successful business in 2021? Or Do you want to transform your traditional taxi business into digital? Go ahead with taxi app development.
Some popular taxi booking apps prevalent in the market
Uber is a San Francisco-based taxi company established in 2009. It serves more than 85 countries. Currently, the app has more than 93 million registered users. There is no doubt that the popularity of Uber is worldwide. Its unique selling point is providing hassle-free riding service at a reasonable price. It is the pioneer of charging the riders based on the distance they want to travel instead of the flat rate.
It was launched in 2012 and is the second-most popular taxi app. In the beginning, it operated under the name “Zimride” and was later renamed Lyft. It operates in over 600 cities in the United States, and it is one of the biggest competitors to Uber.
Through this app, riders can easily find the drivers within a short duration and enjoy the ride experience. This platform benefits the drivers by signing up with the necessary documents and uploading relevant documents, giving them opportunities to earn.
Gett is an Israel-based taxi company established in 2010. It is one of the well-known taxi booking apps available in four major countries, including the United States, United Kingdom, Israel, and Russia. One advantageous feature that it offers the riders is they can book a taxi 2 weeks in advance. Not long ago, it acquired Juno for $200 million. Juno is one of the top-leading taxi service providers.
Ola is an India-based taxi booking service company serving more than 100 cities. This app is widely used for daily commute and one-day trips. It provides various options to the riders as they can choose a bike or cab based on their needs. Furthermore, various vehicle types are available for the riders, ranging from normal taxis to luxury cabs.
These are the top-most & well-known taxi booking apps. Undoubtedly, Uber is the pioneer of taxi apps and has revolutionized the transportation industry. Its impressive business model aspires entrepreneurs and business people to establish a business with a taxi booking app like Uber.
Step-by-step instructions to develop a taxi booking app like Uber
How to develop a taxi app like Uber? In 2 steps
If you aim to start a taxi business or upscale your existing taxi business, you should have a better understanding of how to develop the app. Here is a brief outline of the development process.
Find your target niche
It is the initial step to consider before you actually get into the app development process. Firstly, you must decide which group of people you want to target. Knowing their preferences is mandatory as it will allow you to draft a successful business plan.
Apart from this, ensure your competitors’ offerings in their app. Study their strengths & weaknesses so that you can overcome those shortcomings in your app. Adapting to the recent market trends will pave the effective way for you to stay ahead of the thriving competition.
Partner with a suitable technology partner
To develop an app like Uber on iOS & Android, you have to approach a reliable company. Most app development companies offer a ready-made taxi booking app solution, Uber Clone Script. It is a wise choice to opt for this instead of creating the app from the ground.
Benefits of an Uber Clone Script
Enumerating various benefits of the Uber Clone Script, which will strive you to opt for this solution.
- End-to-end Customization
- Highly scalable
- Budget-friendly solution
- Instant launch
3 Important aspects to consider during taxi booking app development
- Have unique selling points
In a fast-moving & technology-driven world, anyone will take advantage of it and enter the ride-hailing market. What makes you distinguishable from the crowd is requisite. Decide which unique selling points you are going to offer to the app users. It may be included in your offerings, be it features included in the app.
- Select the relevant features, defining the app’s functionality
Features incorporated in the app will have a huge impact as it frames the app’s architecture. You have to come up with a set of features that will be beneficial to the users. Some of them are as follows.
- Book/Schedule rides
- In-app wallet
- Ride history
- Fare estimation
- Multilingual support
- Schedule trips in advance (even 2weeks)
- Multiple payment modes
Choose the revenue streams
The way in which you can earn from mobile apps differs depending on your business model. When it comes to Uber, it follows an Aggregator model. In which they charge fees from the riders and drivers as this platform benefits from both of them.
You can even implement similar revenue models. Set the fee percentage, but make it competitive in order not to give chances for the app users to shift to your competitors’ apps.
Total cost to develop a taxi booking app
It is impossible to predict the total cost of developing a taxi booking app without knowing the business requirements. It varies based on these factors.
- App complexity & size
- App features & functionality
- Technology stack
- Company’s geographical location
- API integration
- The platform you choose (Android or iOS)
These factors will influence the taxi app development cost. To get the exact pricing details, approach the company and discuss your requirements.
Every country has a taxi booking service provider like Uber, providing a hassle-free experience to the riders, even for daily commuting. If you really intend to initiate a successful venture instantly, leap forward into the ride-hailing sector with a taxi booking app solution. Yes, it is time to launch your taxi app for Android & iOS and reinvent the marketplace.