Do you know what is the cost of developing a taxi app? If not, this blog is for you! This blog covers every important aspect of the taxi booking app including cost and features. Taxi giant apps like Ola and Uber have created a benchmark in the mobility market by introducing seamless and accountable modes of transportation. With people shifting from personally owned transportation to mobility solutions as a service, it has opened new business opportunities for a lot of entrepreneurs and individuals to invest in the mobility market and develop their own taxi aggregator apps.
Most taxi service businesses are moving from a traditional model to an online model. Today, the online market is flooded with a plethora of taxi apps, but only a few of them are reaching a ladder of success. Do you know what’s the reason? Innovation is the key! Taxi booking apps have made their names in the mobility market with an innovative concept, great customer support, stunning graphics, and outstanding features.
If you own a taxi service business and are worried about the features and cost of taxi app development, we have got your back! Read the blog till the end and you will have all your doubts cleared.
Table of Contents
What is a Taxi App?
A taxi app is a smartphone application that allows you to book a cab at your fingertips in the comfort of wherever you are. You can book any type of taxi depending on the availability and you will be shown all the information of your ride to your screen. Let’s know the fascinating features of the taxi application.
Key Features of a Taxi Application
Passenger Panel Feature
Passenger Panel Feature
Description
Register
Through this feature, passengers can register themselves with a phone number, social media handle and email ID.
Payment
Apps should support safe and fast modes of transaction. This means passengers should feel a sense of security when they attach their financial credentials.
Home Screen
On the home screen, passengers can check the driver details, live location, and the estimated fare of their trip.
Driver Rating
In this section, passengers leave their feedback or ratings for the driver.
Schedule Ride
Through this feature, the passenger gets the option to either book now or book later. It provides passengers with the facility to book a taxi at their definite time.
Ride History
This feature displays ride history and transactions which allows passengers to re-book past trips in just a few clicks.
Notifications and Messaging
Passengers get notifications about the details of ride status, and driver. Passengers can also do a live chat with the driver using this feature.
Customer Support Chat
Through this feature, customers get the flexibility to chat with the admin for any query or issues related to the driver or ride.
Driver Panel Feature
Driver Panel Feature
Description
Driver status and profile
This section contains the driver’s details including identity proofs, ID cards and other verification documents.
Navigation
Through this feature, drivers can navigate the location and find out the shortest way to reach the destination.
Ride alerts
Through this feature, drivers get the ride alert notification in a matter of clicks.
Reports
It gives riders a comprehensive report about the rides and payments earned in one day and in the month.
Admin Panel Feature
Admin Panel Feature
Description
Passenger Management
This feature allows the admin to look into the passenger details like phone number, email ID, and ID proofs. Besides that, they can also see the ride history and revenue generated from the passengers.
Driver Management
Similarly, this feature allows the admin to check registered driver details like name, contact number, ID proof, address, and documents. Besides that, they can also check the driver’s performance and ratings.
Admin Dashboard
The admin dashboard provides a comprehensive report on the overall business performance including elements like revenue earned, expenses, coupons, losses, etc.
Taxi Dispatch
This feature allows admins to allocate jobs to the drivers. It helps you manage the drivers while maintaining the quality of servicing.
Promo code management
This feature allows you to manage your promo code time duration, validity and discount limit of the coupons offered to the customer. Admin can change the code limit or the amount at any point in time.
Promotions
Through this feature, admins can run and manage all their advertisements, and promotional activities through the admin panel. Admins can check the overall business performance with CTR, conversion rates, ROI, etc.
Varied Benefits of Taxi Booking App Development
Developing a taxi app brings a wide range of benefits to your business. Here are the top benefits of Taxi booking app development that are beneficial for your business in the long term.
Higher Visibility
Taxi booking apps like Ola and Uber have already set the standards in the mobility solution as a service segment. With customers changing behaviours and rising interest in booking cabs online, taxi booking app development services have gained a lot of significance over the years. By giving your project to a renowned taxi app development company, you get higher visibility as a brand. It helps you connect with your customers in a more seamless and accountable manner.
Data Storage
Taxi apps like Uber store their customer data to use in promotional activities like marketing, surveys or feedback forms. Earlier it was very difficult for traditional taxi service owners to accumulate their customer data on one platform as it was done manually on paper. However, that’s not the case with taxi booking development! With taxi apps, you can store that data to optimise it for sales-related activities, like offers, vouchers, tokens etc.
Tracking Becomes Easier
Besides storing customer data, taxi apps can help you monitor important details like time, distance travelled, live location, and the frequency of the taxis, etc. Taxi apps make the whole monitoring process more flawless and accountable by providing taxi service owners, drivers as well as customers with live updates. This further increases the trust among users for the brand.
Brand Value and Visibility
Taxi booking apps have made their names in the logistics market because of the innovative USP. You can also make your taxi app stand out from the crowd with great customer support, features and user-friendly interface. This can help you create a better user experience, credibility and trust in the market. In turn, increases your brand value and recognition.
Customer Feedback
With customer feedback features, you can increase the trust and credibility of your taxi app.
Brand identity is basically the sum total of customer feedback and reviews. Customers are the king and they can help you improve your services in a much better way. Their feedback holds great importance when it comes to creating a brand image. By creating a taxi app, you can ask your customers to provide valuable feedback regarding your services.
Why You Should Invest in Taxi App Development?
As per the market analysis, the ride-hailing and taxi business is the one of most profitable businesses today. With the advent of taxi aggregated apps like Ola, taxi app demands have become higher than their supply. Let’s look at the market statistics of the taxi services market, which will prove that it has a lot of business opportunities for you!
According to the analysis, the market revenue of the ride-hailing segments is expected to reach US$386,274m by the year 2026, increasing at a CAGR of 5.30%.
The number of users in the taxi-booking mobile apps market is expected to increase and reach 1,665.3m users by the year 2026.
The user penetration rate of taxi apps in 2020 was 15.4%.
The user penetration rate of taxi apps is 16.8% in 2022, which is expected to reach 18.2% by 2026.
The annual growth of the global taxi or ride-hailing service market is expected to reach $126,521 million by the year 2025. Source
How Much Does it Cost to Develop a Taxi App?
The development cost of a taxi app depends on a number of factors. There is no specific answer to it. For instance, if you want your taxi app to be very advanced and feature-rich, it will cost you more. However, if you want to develop a basic taxi app with fewer features, it will cost you less. To summarise, taxi booking app development cost depends on the type of business model and features you want for your taxi services business.
On average, the cost of taxi app development with basic features is around $20,000 to $30,000. The cost may shoot up depending on your requirements. If you want to incorporate more features, graphics and advanced technology into your taxi app, it will cost you around $35,000 to $55,000.
Top Factors Affecting the Overall Cost of Taxi Booking App Development
As we have already witnessed the cost of app development, however, there are certain factors that impact the overall cost of development. These factors are:
Location of the Developer
Uber-like app development cost depends on geographical location, i.e., the location of the taxi booking app developer team. The app development cost differs from region to region. Make sure to choose taxi booking app developers wisely as per your requirements and target audience.
In the United States, the taxi app development cost lies between $150 to $250 per hour
The app developer rate in India is around $10 to $80 per hour
In Eastern Europe, the developer charges around $20 to $100 per hour
In the western Europe region, the developer charges around $50 to $120 per hour.
In the UK, the developer charges around $70 to $160 per hour.
Type of Technology Stack Used
The taxi booking app development cost also depends on the type of tech stack you have incorporated into your app development. The advanced tech stack will cost you more. Some of the common tech used in the taxi booking app development services are:
Cloud: AWS, Azure, and Google Cloud
Database: MongoDB and PostgreSQL
Languages: Python and Javascript
Payment integration: Braintree, PayPal and Stripe
Features Integrated into the App
The feature integration has a great impact on the overall cost of taxi app development. The more features you add to your app, the higher the price. Make sure to keep your budget and target audience in mind while developing a taxi app.
Launch Platform
The app development cost also depends on the type of platform you choose for launch. The cost differs from platform to platform. The most common platforms for mobile apps are Android, iOS, and Windows mobile. The cost of app development for iOS platforms will be higher as compared to Android platform.
Aggregated taxi apps are growing in large numbers, however, only a few of them are ruling the mobility market. Taxi booking Apps are making a difference because of their USPs, outstanding features and great customer support and services. Although developing a taxi booking app is not an overnight task, it requires the dedicated efforts of developers, designers and programmers.
Why Choose BR Softech to develop a Taxi App for your Taxi Business?
As a leading Taxi app development company, we have developed taxi apps for several clients across the globe. Our taxi booking app developer and designer team are well-versed in the latest tools and technologies and have immense experience in working on high-level programming languages that help them create robust and reliable taxi booking app development solutions for clients’ businesses.
In case you are looking to develop a taxi app for your business, contact us today and we will take care of your requirements and guide you through every stage of the taxi app development process. Choose us to get:
Dedicated team of Taxi app developers
Seamless Customer Support
Advanced Technology Stack
Highly Customized and Affordable Solutions
Cross & Multi-platform taxi app development services
Frequently Asked Questions (FAQs)
Q 1. What are the steps to start a new taxi-hailing business?
In order to start a taxi-hailing business, you need to make a business plan. The plan should cover all the important aspects such as target audience, budget, purpose, mission, vision and goals of your taxi app development. After creating a blueprint, you are required to hire a team of developers, to help you create your desired taxi app.
Q 2. Do you develop aggregated taxi apps like Uber?
Yes, we develop aggregated taxi apps like Ola and Uber. We have a highly experienced and proficient team of developers who can help you make a feature-rich, visually appealing taxi booking app. If you are looking to launch a unique idea through your taxi app, we are here for you.
Q 3. Why outsource taxi app development?
If you are looking for a cost-effective way to develop your taxi app, then outsourcing can help you! Outsourcing taxi app development can help keep your costs minimal while reducing your responsibilities and saving you time.
Q 4. Is the taxi app profitable?
Yes, a taxi app is highly profitable for your taxi business and can help you elevate your business by expanding your business to a larger population with seamless operations and customer service.
Q 5. What is the purpose of the taxi booking system?
The main objective of the taxi booking app is to bring drivers and passengers to a single platform and provide the customers with cab booking services making their travel easier at their fingertips while also creating earning opportunities for the drivers.
I am Nitin Garg Founder of BR Softech PVT LTD - an Award-winning mobile game development company. We are armed with 180+ geeks & 2753 clients worldwide, I have driven by the spirit of entrepreneurship and dream to build a billion-dollar-company.