How Much Does It Cost For Taxi App Development?

Taxi App Development
9 min read

Taxi App Development has emerged as one of the most talked about app development trends, followed by successful taxi booking app development companies like OLA, UBER, and LYFT. Taxi booking is a part of day-to-day life, especially in urban areas. Sometimes, finding a taxi becomes difficult when the demand is high. In that case, On-demand Taxi Apps come to the rescue. 

Businesses are moving their Taxi services to an online version by hiring a Taxi Booking App Development Company to create an efficient solution for everyone. The Taxi App Development Cost is the biggest concern for clients with the online setup. 

According to Stastica, the Ride-hailing and taxi market is projected at a market volume of more than USD 355 Billion by 2027. It also says the number of expected users in the Taxi app market will reach over 1.4 Billion users by 2027. The ride-hailing and Taxi market is going to be so vast that a total of 55% of revenue will be generated through online sales only by 2027. 

So the question remains: How much does Taxi App Development Cost? 

The Taxi App Development Cost starts from USD 20,000 with basic features & functionalities. Depending on customization and premium features, the Client’s SoW – (Scope of Work), and the pricing of the Taxi App may vary. The full-fledged Taxi App Solution includes added features like multilingual, booking, driver’s verified badge, etc., which may influence the development cost significantly. 

Factors Influencing The Cost of Taxi App Development

1) Feature-rich Development

A Taxi app that is feature-rich and convenient to use is more likely to succeed in the market. Currently, the competition is vast for app development. Innovation in the app, the use of trending technologies, and hassle-free user experience will ensure the success rate of the Taxi App. 

Feature-rich Development

1.1 App for Passengers

The development cost of mobile apps is directly proportional to the level of features you are willing to offer. The more features and their complexity, the higher the cost of the app will be.  

Here are the features to include in a Taxi App for passengers: 

  • Registration and Login window to access the user profile. 
  • Enhanced Notification services on time. It includes Push Notifications, In-app Messages, SMS, and email notifications. 
  • Preference to choose Taxi based on Taxi type and fare.
  • Option for both on-demand booking and advanced booking. 
  • Taxi tracking option to determine the location of a Taxi in real-time. 
  • Availability of multiple payment options for smoother transactions. 
  • Automatic Taxi fare calculation once pick-up and drop-off locations are fixed. 
  • Review and feedback option for the driver/ride. 
  • Solution-driven Customer Support Services

1.2 App for Drivers

In Taxi App Development, features should be there for drivers as well. When drivers take control of their rides, the Taxi app will become more convenient for passengers to use. 

Here are the features to include in a Taxi App for drivers: 

  • Driver registration to ride a taxi after the approval of the admin. 
  • Driver profile with details that include Name, Number, Taxi type, Taxi number, and Taxi license. 
  • Availability of GPS tracking to track passenger’s location once the ride is confirmed. 
  • Notifications of new ride requests, completion of payment, and relevant activities. 
  • Option to in-app calling and chatting with passengers to clear queries on location, payment, etc. 
  • Driver’s daily, weekly, and monthly ride analyzer to track fares effectively. 
  • Ride request approve or reject option. 
  • Booking history and passenger ratings & feedback. 

1.3 Admin Panel

Admin panel features are also as important as passengers or drivers in Taxi App Development. 

Here are the features to include in the Admin Panel:

  • Driver Management System to verify, manage, approve, and deactivate. 
  • Passenger Management System to improve UI and manage user requests. 
  • Quick Support Panel in case of any issues raised by passengers or drivers. 
  • Access to view every ride handled by every driver concurrently. 
  • Availability of live maps to locate drivers, vehicles, and passengers in real time. 
  • Option to send notifications to drivers and passengers. 
  • Availability of a revenue management model to track transactions and manage revenues. 

 2) Design and Development

Every app’s cost is estimated based on how long it takes to complete the project. Generally, there are 4 stages where the app’s quality is checked. It also plays an important role in estimating the overall development cost. Here’s a breakdown of the time it takes to develop different stages of Taxi App Development. 

Design and Development

2.1 UI/UX

UI/UX design is an essential part of the app development process. It makes the app easy to use and navigate. Users are more likely to be retained if the design is appealing; so investing in UI/UX is essential if you want to build an on-demand Taxi app that is convenient for users. 

Remember, people only continue to engage with apps that are easy to access and problem-solving. The experience has to be seamless.

2.2 Front-end Development

During the UX/UI design phase, all app features are meticulously crafted to enhance the user experience. These meticulously designed features are translated into functional components in the subsequent stage, known as front-end development.

In this phase, the designs for functionalities such as user registration, notification systems, payment integration, vehicle tracking, fare calculations, and booking history are transformed into a fully operational solution. 

2.3 Back-end Development

Back-end development encompasses the hidden but crucial aspects of an application’s functionality. While users may not directly interact with it, the backend is pivotal in ensuring the application’s success.

Indeed, a robust backend is essential, as it manages critical tasks like database administration, establishing data connections, and integrating payment systems.

2.4 Testing & QA

The testing and quality assurance phase represents the conclusive step in the app development journey. Before an application’s official launch, it undergoes rigorous testing to identify and rectify any glitches or performance-related issues that could hinder its success.

A dedicated team of testers collaborates closely with app developers and designers to troubleshoot issues, ensuring the app is primed and ready for its market debut.

Tips to Develop a Taxi App

Tips to Develop a Taxi App

1) MVP 

An MVP (Minimum Viable Product) is a blueprint or replica of the final app that will be launched globally. Create MVP before launching the final app to a selected audience. Take their review and feedback to improve the app’s quality. 

The feedback from the audience will give a clear understanding of what’s lacking in the Taxi app and what needs to be done differently to succeed in the market. 

2) Target Audience

Many individuals may not be aware that the taxi industry offers various niches. Electric taxis, for instance, present an environmentally conscious option for those who prioritize eco-friendly transportation. Set your target audience and make the Tazi app accordingly. 

Likewise, on-demand bike taxis represent an alternative that may appeal to individuals who find traditional cab services costly. Another niche to consider is women-friendly taxis operated by female drivers. Explore these different niches and select the one that aligns with your target market’s preferences and is likely to thrive.

3) Monetization Methods

There are various monetization strategies to consider for your taxi booking app, including commission fees from passengers, service charges from taxi owners, third-party promotions, or advertising fees.

Regardless of the approach you select, making this decision before initiating the development process is essential. Additionally, it’s crucial to ensure that your chosen monetization strategy does not negatively impact the user experience, as it could hinder users from using your app.

Conclusion 

So, how much does it cost to develop a Taxi app? The answer to this question varies depending on various aspects. Suppose you want to develop a Taxi app for passengers only and integrate it with another third-party application; in this case, the development cost will be lower than a full-fledged taxi application. 

So choose your development model wisely after researching and analyzing Taxi app development. We are right here if you are looking for a Custom Taxi app development company

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FAQs

1) What are the key cost factors in developing a taxi app?

The primary cost factors include app development (front-end and back-end), design, server infrastructure, payment gateway integration, GPS tracking, driver onboarding, and ongoing maintenance and support.

2) How does the complexity of features affect the development cost?

The complexity and number of features you want to include in your taxi app significantly impact the development cost. Advanced features like real-time tracking, in-app payments, and a rating system will increase development expenses. 

3) Is the choice of platform (Android, iOS, or both) a cost factor?

Yes, it is. Full-fledged Native OS platform development (Android or iOS) will cost more than cross-platform Taxi App Development. Each platform requires separate development and testing efforts. 

4) How much does Taxi App Development cost?

The Taxi App Development Cost starts from USD 20,000 with basic features & functionalities. Depending on customization and premium features, the Client’s SoW – (Scope of Work), and the pricing of the Taxi App may vary.

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