Last Updated: 08 Apr 2021 | 8 min read
Not many people can say that they visualized how easy it would get in the future to travel from one location to another. Today, folks can pull their smartphones out from their pockets, hire a cab, and wait for it to arrive where they’re standing. Technological advancements and the massive array of taxi booking mobile applications available today changed the way how people hired cabs. Now, you want to tap into the lucrative market of on-demand transportation. It’s an excellent idea, but you must know a few things about the most preferred cab booking applications in the USA. It will help you get an idea about what your application should include, the kind of services you must provide, and how you should make those services available to your customers.
Not many people will disagree that booking a cab is much easier and, of course, significantly less expensive than maintaining a vehicle for personal use. Here’s a report from a world-renowned market research organization that will hammer this fact home. It elucidates that the amount of money generated by the cab booking segment will increase to $192,276 million in 2020. The COVID-19 event was a setback only a handful of businesses managed to survive, but this year, the revenue will surely rise and touch this mark. In reality, it may go even higher. Now, the providers of the best taxi booking app development services have experience in developing numerous cab-hailing apps almost every year. They wish to help you understand how you can hire a cab booking app development company, get an app developed, and claim your piece of the profitable pie of app-based on-demand transportation services.
After spending a long weekend as lazily as humanly possible, folks need to get ready to head back to their offices. Laziness hits them in such a way that they don’t even feel like driving their car to make it to their workplace on time. What do they do then? They simply pull their smartphone out of their pockets, navigate their way to a taxi booking application, and place an order for a cab to pick them up from where they are and drive them to their destination. The phrase “taxi service mobile app” is nothing less than a buzz-word in today’s day and age.
People simply book a cab while sitting on their favourite couch at home and wait for the vehicle to reach their doorstep. With mobile app-powered businesses like Lyft, Uber, Careem, Grab, and the like, traversing from one place to another has become as easy as it can be. If you want to hire a cab booking app development company and avail taxi booking app development services, the following apps deserve your attention. After all, you want your app to be as popular as the ones used by the commoners in the USA.
If there’s a list enumerating the names and offering descriptions of taxi booking apps, it will be incomplete without Uber – the world’s most trustworthy online cab booking business. It also happens to be the most popular. Even then Uber wasn’t the one to set the ball of app-based cab booking services rolling. It was Taxi Magic, currently recognized as Curb. This company is the one that pioneered the app-based taxi booking services. However, Uber deserves the crown it wears because the organization managed to spread across almost every part of the world. The so-called “on-demand services” are now synonymous with “Uber.” According to researchers, the market value of Uber is almost $70 billion as it reels in investments from multiple sectors, including food delivery.
Lyft started its business journey from San Francisco, California, and became one of the most preferred ride-sharing app-based businesses in the USA. At the moment, it caters to the requirements of commuters from over 640 cities in America and 9 in Canada. Recognized as the second-largest app cab business in the US with a market share of 28%, it’s the perfect alternative to Uber and offers high-quality taxi services at incredibly affordable prices. A rider can book a cab with just a few taps on the screen of his/her smartphone. Any driver close to the passenger’s location will pick up the order and rush to him/her within minutes.
You probably came across the name of this company if you have been going through this write-up from the beginning. Curb existed long before Uber, and it used to operate under the name of Taxi Magic. Just like the other app cab companies mentioned here, Curb lets a passenger book a taxi using his/her smartphone. However, Curb is different from the others in subtle ways. For instance, a passenger can choose to book a professional and insured driver instead of opting for ride-sharing in a private vehicle. Up until now, Curb managed to secure a grand total of $10.7 million via funding. This app is available to people spread across 65 American cities, including Chicago, NYC, Boston, Miami, Las Vegas, Washington DC, Los Angeles, Philadelphia, etc. The best thing about this app is that it lets a rider select special preferences, including AC, wheelchair, baby-seats, music, and more.
Now you can turn your attention towards the cost to develop taxi booking app. According to experts, you have to spend around $70 to $230 per hour based on the number of systems and features you want to include. The overall expense of a basic-level solution should be between $25,000 and $40,000, while a full-blown app can lead you to spend between $90,000 and $140,000.
Whether you’re aware of the technicalities associated with app development or not, you can probably realize that the cost to develop a taxi booking app isn’t the only point of concern. There’s more than enough you need to know about it, including the tech stack needed, monetization strategies, business model considerations, features to include or exclude, and whatnot. So, if you’re serious about building an app for cab booking services, get in touch with an app development agency as soon as possible.