Here’s What You Need To Know About Developing An Taxi Booking Software
Author Taxi Booking Software, Technology, uber for taxiUber has been making a remarkable presence in the on-demand market for more than a decade. It gave a new aspect for taxi booking and ride-hailing. Their digital presence has almost made several traditional taxi businesses, and drivers change their vision to accept such apps to improve their business.
The launch of Uber was the baseline that has led several on-demand apps to foray into the market. Currently, there are several key players in the market. To stay ahead of the competition, you need to think out of the box. We have discussed developing a taxi booking app like Uber with exponential features to support your taxi business.
How does uber act as a perfect aggregator in the market?
As an entrepreneur, you would have been quite stressed about the term called ‘Business model.’ The success or flop of a business is measured by validating your business model. In simple terms, it is the blueprint for leading your business. Hence, it has to be given great importance while working on your business ideas.
Coming to the business model of Uber is one of the reasons for its success. The model which Uber follows is that of an aggregator. In this model, the aggregator apps or companies will collect data from various service providers and list them all on their platforms. The main concept of aggregator models is that they do not own any products, and only by displaying those products will they earn their revenue.
Uber is the best example of an aggregator model that helps people find their rides swiftly through the Uber platform. It does not own any transports, yet it manages to locate nearby drivers for the users to book their rides. Here Uber has not employed any drivers; rather, it has partnered with them to improve their business.
By establishing a platform between the users and drivers, it earns quite high. Apart from this, it also earns its commissions from users for booking their rides through the app. This is why Uber is termed as the best aggregator model by entrepreneurs.
In 2020, the global taxi market was projected to value around $70 billion, and by 2025, there are high chances of it reaching $130 billion. According to the statistics reports, in 2020, Uber was leading the taxi app market.
How will our Uber-like app be a strong contender in the market?
The Uber-like model is quite a popular model among entrepreneurs to launch their on-demand app. At Appdupe, our young team of developers has given their heart and soul to craft an impeccable taxi booking solution. Our white-label Uber-like app is pre-built and open to accept any level of customization from your side.
We offer you the best-in-class solution for you to start your business competing with several key players in the market. Our taxi booking software will enable you to carry out the operations right from taxi booking, bike taxi, carpooling to fleet management. The flexible solution will let you kick-start your on-demand taxi booking business in no time.
Are you ready to have a word with our expert team?
Know the appealing features crafted in our on-demand Uber-like app development
Our robust Uber like taxi app will have the following features,
Ride booking
The major feature of a taxi booking app is to enable users to book their rides swiftly without any delays. The users can give their pick-up and drop-off locations in the app and search for their rides. Or they can also turn on their location and let the app take the location address automatically. The users can select their desired type of vehicle before scheduling their rides.
Finding drivers
The ride request given by the users will be circulated to the drivers in the nearby locations. Our app is developed with an algorithm that will match the drivers near their locations. It will send ride requests to those drivers who, in turn, will either accept or reject the ride request. If the ride request is accepted by the drivers, the ride details will be shared with the users instantly.
Fare calculation
Generally, in taxi booking apps, the pricing is done by considering several factors like distance, type of vehicle chosen, ride demands, traffic congestions, and climatic conditions. The back-end algorithm will calculate the total trip fare.
Payment options
In this digital era, people are more comfortable with cashless transactions. It is also one of the safest practices these days. So, we have included more than one payment method like net banking, mobile wallets, card payment, etc. At the end of their trip, they can pay using any one of their choices.
Notifications
This is one of the important features of an app, and without this feature, it is hard to find an app. The app will send instant notifications for the users regarding the latest updates. It also notifies people of the trip details immediately after booking their rides.
Real-time tracking
When the drivers confirm their ride, the users will get their ride details. They can track the rides in real-time through the app. This will help them know about their driver’s whereabouts. They can also contact them through that.
Who are the top key players in the taxi booking market?
When it comes to taxi booking apps, Uber is one of the undisputed role players. Over the period of time, several key players like OLA, Lyft, Grab, etc., have ventured into the market. These apps have also established themselves in the market through their highly featured application.
OLA – It is one of the leading taxi booking apps globally. This India-based taxi app is operated in more than 250 Indian cities. It has also extended its services to global countries like Australia, New Zealand, and the UK.
Lyft- The app is predominantly operated in the USA and Canada. In the US, it operates in nearly 644 countries and provides various services like food delivery, scooters, etc.
Grab – It is a leading on-demand app known for providing a plethora of services to users. It provides ride-hailing services in nearly eight countries like Singapore, Indonesia, Cambodia, Malaysia, etc.
The current cut-throat competition of the market looks strong and compromising for entrepreneurs to come up with their ideas.
On a concluding note,
The on-demand taxi booking market is highly competitive and lucrative in nature. This is the reason why we stress the importance of launching your taxi booking business at this stage. However, we are here to help you out to start a successful business in the taxi booking market. Our Uber-like taxi app will be the right choice you could ever dream of in your life span. We are pleased to clear all your queries. So contact us soon and schedule an appointment.
We are here to help you set your mark in the taxi booking app market
Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.