Introduction

The advancement of technology has put an end to the tedious routine of taxi booking. Gone are the days when people waited for taxis by shaking hands to stop them in hot weather.

Do you know, 

The global taxi booking service industry was $36.451 million in 2017, and continuously the number is increasing rapidly. It is estimated that the market value of taxi booking will increase by $126.251 in 2025 with a CAGR of 16.5% from 2018-25. 

The taxi booking app user base is expanded worldwide with a database of 25 million users. These numbers will increase more in the future. The taxi booking apps like Uber and Ola have gained a tremendous user base reach in India. 

This modern world is filled with countless taxi app development ideas, but what about the project development cost? 

How Much Does it Cost to Develop a Taxi App Like Uber and Ola? 

The rising industry of online taxi services worldwide entices many startup companies to enter this field. However, mobile app development never comes with predefined cost estimation. The cost of developing a taxi app depends on many factors. Based on those considerations, the cost of on-demand taxi booking app development is around $15,000-$50,000 with medium features add-on. 

Know more determining factors as we walk you through the comprehensive taxi app development cost guide. 

The Factor That Determines the Taxi Booking App Development Cost 

Features 

The features are the most determining factor in app development cost as taxi booking apps like Uber contains heavy data and many features.  

Features are a fundamental part of any app development process, and taxi booking apps are no exception. However, the more advanced features we include in the application, the more functional it becomes. 

Furthermore, API integration to include more advanced features increases the overall development cost. 

Technology Stack 

The technologies used to develop mobile applications are essential in determining the overall app development cost. Therefore, from designing to building the front-end and back-end of the application, choosing an efficient and budget-friendly technology stack is recommended.

 The technology stacks you will need to develop a taxi booking application are: 

●      Google Map

●      Acute

●      Java

●      AWS

●      Expresspay

●      Redis

●      Visa

●      Pestac

●      MTN

●      Bandage

●      Paypal

●      Android Studio

●      Authority.net

●      RDS

●      S3

●      PostgreSQL

●      Jersey

●      Twilio

●      Payfort

●      Citrus

●      Braintree

●      Orange Money

The Complexity of the App 

The more complex your app requirement will be, the more time and resources it will need to develop. 

●      The simple taxi booking app with basic feature development cost - $5,000 to $25,000 - Timeline - 2 to 3 months

●      Normal feature complex taxi app development cost - $25,000 to $50,000 - Timeline - 3-5 months

●      The Advanced complex/custom (multi-feature) taxi booking app development cost - $100,000+, Timeline - 7 to 10 months 

Time Required for App Development

Time is another factor that determines the app development cost. But, again, it depends on the number of resources employed and the complexities needed to integrate into the app.

User App 

●      User Android App Designing and Development Time - 40 Days

●      User iOS App Designing and Development Time - 40 Days

●      User Web App Designing and Development Time - 38 Days

Driver App 

●      Driver Android App Designing and Development Time - 36 Days

●      Driver iOS App Designing and Development Time - 36 Days

Geolocation of the App Developers Company

The geographic location of a taxi booking app development services is a major factor that can reduce or increase the overall app development cost. For Instance, companies based in the USA, Australia, UK and others generally have more service providers than those based in countries like India, Bangladesh, Indonesia and Japan. 

●      US-based taxi app developers charge $150-$250/hour

●      East-West based taxi app developers charge $40-$150/hour

●      India-based taxi app developers charge $10-$100/hour

Finding out the exact cost of taxi booking app development is a very hard task and only an app development company can give proper cost details. However, there are several app cost calculator tools available which you can use to determine how much your app will cost.

Updations of the Application 

Lastly, modifications to the requirements and any post-development changes to the application increase the overall cost of the taxi booking app, like the Uber development project. Therefore, creating a comprehensive list of all possible requirements/features is advisable when prototyping the application. 

Sometimes it becomes very challenging to estimate the costs of mobile application development. Therefore we recommend you to take the best app development consultancy from the mobile app development company that knows everything about mobile taxi apps. 

Taxi Booking App Development Advanced Features

Features are an essential part of every app that makes them fully capable of earning the title of the best app. Integrating only important features can reduce the app development cost. In addition, some features offer a fantastic user experience and build strong positions in the app market.

Here are some essential features that you should include in your taxi booking app: 

User Panel 

●      User Registration Login

●      User Profile Dashboard

●      Cab Booking

●      Multiple Payment Gateways

●      Notifications

●      Real-time cab Tracking

●      Automatic Fare Calculation

●      Feedback Option

Driver’s Panel 

●      Driver Sign-up Login

●      Driver Profile Dashboard

●      Booking Confirmation Screen

●      Real-time User Location Tracking

●      Payment Tracker

Admin Panel 

●      Trip Detail Screen

●      Admin App Performance Dashboard

●      Overall Report Tracking

●      Revenue Management

●      Driver Data Management

●      Passenger Data Management

●      Users Driver’s Complaint Management

Conclusion

Seeing these app development costs can be overwhelming for you; therefore, creating your app blueprint first is an excellent idea. Create your app structure on paper and write down every tiny detail that is a must for your taxi booking app. The competition at the current time is very high as most of the companies are trying to enter this industry. Therefore, only your app offering to your users can make you successful in the taxi booking market. 

In this article, we have briefly examined how you can set your budget for developing your taxi booking app. We hope this article can help you in any way; however, if you have any queries related to this topic, then you can ask us in the comment section; we are always available for your help.