How Much Does A Taxi App Development Cost (Android, iOS, WebApp)

Before you preoccupy yourself with reading this content, allow us to take you to the conclusion of this article in the very first segment of the blog. The cost of the Whitelabel taxi application like Uber, Ola, and Lyft is costing you a lump sum amount of $10000 USD and on the other hand, the development of the taxi application from scratch will increase the amount up to $25,000 USD. It is always recommendable to develop and launch an app from the scratch, which can be customized as per the business needs. If you are interested in Whitelabel app taxi solutions then go through the full feature list and request a free demo.

Think. Launch. Grow.

At the end of the article, there are three valuable free gifts waiting for you as a token of appreciation. As we always support startups and entrepreneurs. RisingMax Inc. has FORMED A BODY of Business Advisers to support startups like you from beginning to success. Whether you’re starting out, or scaling to meet demand, connect with the right people, products, and best practices to help your startup grow. Connect Us Now!

How Much Does A Taxi Software Development Cost in 2023

Technological advancements have shrunk down many of the routine tasks, and the days of hailing taxis by waving your hands while standing on the roadside are long gone. 

By the way, did you know?

• The Ride-hailing & Taxi industry is set to make an impressive US$330.80 billion in revenue by the end of 2023.
• From 2023 to 2027, the sector is predicted to grow at an annual rate of 3.46%, pushing the estimated market value to a whopping US$379.00 billion by 2027.
• By 2027, we expect around 1.45 billion people to utilize ride-hailing and taxi services globally.
• As of 2023, user penetration stands at 17.4%, and it's forecasted to slightly increase, reaching 18.3% by the year 2027.
• The average revenue per user (ARPU) in this sector is expected to settle at US$247.00.
• Online sales within the Ride-hailing & Taxi industry are projected to account for 55% of the total revenue by 2027.
• When comparing on a global scale, China leads the pack in revenue generation, with an expected US$130.90 billion in 2023.

All these facts are from Statista.

The modern market is flooded with ideas to develop a taxi booking app. But what about the development costs? 

We got you! The blog post you are reading here is for all entrepreneurs and startup owners who want to grab pertinent information on how much does it cost to develop a taxi booking app.

Before Diving Into The Most Part, Let Us Look At The Types Of Taxi Booking Applications

• Dedicated Taxi App

Entrepreneurs who already own a fleet of cars and drivers can choose to get a dedicated taxi app developed. 

The app represents the company, and you can acquire more customers and develop your business through digital media.

The primary source of income would be third-party advertisements or the footfall your website will attract. 

• Aggregator Taxi App

An Uber like apps works on a model where you will not require a lot of cars and drivers. In other words, you will just list drivers with their taxis so that the customers can contact them directly.

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The Taxi App Has Further Two Classifications:

1. Simple App

A simple aggregator app features a single application for all the customers where you can list the services of different cab drivers with their commercials. 

Nevertheless, there is less sense of responsibility amongst admins.

2. On-demand App

Popular apps like Ola and Uber are classic examples of on-demand applications. Users can avail of the services through the application as there is a list of taxi drivers available within the vicinity. 

We the top automobile software development company combine our cutting-edge thinking with the latest environmentally friendly technologies to better the future of mobility.

How Much Does It Cost To Develop A Taxi Booking App?

Mobile app development services never come with predefined pricing. The cost of developing a taxi booking app is determined by several factors. 

Based on these considerations, the on-demand taxi booking app development cost may range from $15,000 to $55,000.

Read on as we walk you through the factors that determine the cost to develop a taxi booking app.

1. Features

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

Over and above that, API integration to include more features increases the overall costs of development. 

2. Techstack

Technologies used for developing mobile applications play a pivotal role in determining the overall app development cost. Starting from designing to creating the front end and back end of the application, it is recommended to choose an efficient and budget-friendly tech stack. 

The technology stack that you will require for developing a taxi booking application is:

• Google Maps
• Swift
• Java
• AWS
• ExpressPay
• Redis
• Visa
• Paystack
• MTN
• Stripe
• PayPal
• Android Studio
• Authorize.net
• RDS
• S3
• PostgreSQL
• Jersey
• Twilio
• Payfort
• Citrus
• Braintree
• Orange Money

3. Complexity Of The App

The more complex your project requirements are, the more effort and resources you need to put in. 

• Basic Complex Features App Cost: $10,000 - $30,000
• Medium Complex Features App Cost: $30,000 - $50,000
• Large or Advance Complex Features App Cost: $50,000+

4. Time Required For App Development

Determining the time to develop a fully-functional application is not an easy task. It depends on the number of resources employed and the complexities needed to integrate into the project.

User App

• Users Android App Design & Development:- 40 Working days
• Users iPhone App Design & Development:- 40 Working days
• Users Web App Design & Development:- 38 Working days

Driver App

• Drivers Android App Design & Development:- 35 Working days
• Drivers iPhone App Design & Development:- 35 Working days

5. Geographical Location Of The App Development Company

The geographical location of the app development company is another factor that can reduce or increase the overall app development cost. Companies located in the USA, Australia, the UK, and others are generally higher than the service providers located in countries like India, Bangladesh, Indonesia, and Japan.  

• US-based developers charge $150-$250/per hour
• Eastern-Western developers charge $40-$150/hour
• India-based developers charge $10-$80/hour

Finding the exact cost of app development is actually an endless task. You can use our app cost calculator tool to find out how much your app will cost.

6. Updations

Last but not least, the revision of requirements and any post-development changes in the application increases the overall cost of the app development project. It is advisable to list down all the possible requirements/features at the time of application prototyping. 

Calculating the costs of web application development at times becomes quite challenging. We have also published an article on web app development costs calculations. You must go through to save thousands on development costs.

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Taxi Booking App Development Cost Breakdown

Let us estimate the total taxi booking application development cost for Android and iOS.

Development	Android	iOS
Native Development	$10,500	$13,000
UI/UX Design	$4,000	$4,500
Backend Development	$5,000	$5,500
Admin Panel Development	$4,100	$5,100
Quality Assurance	$7,500	$8,800
Project Management	$4,000	$3,600
Total	$35,100	$40,500

The estimate is not final and is subject to various factors. It can be negotiated during the final agreement.

Must-Have Components Of A Taxi Booking App That Determine Cost

Rider’s App

1. User Registration & Login

The process for user registration and login must not be complicated to allow users to access the application conveniently.

2. Profile Edition

The passengers should have the liberty to edit the basic information they have added to their profile.

3. Cab Booking

Riders can schedule cab bookings to meet their travel needs.

4. Multiple Payment Gateways

The taxi booking application must feature multiple payment options to allow users to make easy payments.

5. Notifications

Developing a taxi booking app in 2023 means you cannot miss out on integrating the notifications feature into it. Passengers can receive notifications via email, SMS, in-app messages, or push notifications.

6. Real-time Tracking

The passengers must be able to track the vehicle’s location in real-time.

7. Automatic Fare Calculation

When seeking cab services, passengers look for automatic calculation of fare.

8. Feedback

Passengers can rate their rides and share their experiences.

Driver’s App

1. User Sign-up & Login

The procedure is a bit difficult for drivers, and the profiles must be approved by the admin to start offering their services.

2. Profile Edition

Drivers must have the option to edit their phone numbers and email address. 

3. Booking Confirmation

The drivers can accept/reject bookings at their convenience.

4. Real-time Tracking

Drivers can track the passengers’ real-time location and be guided to take the shortest route possible. 

5. Booking History Tracking

Drivers can track ride history through the application.

6. Earnings Tracker

Driver’s daily and weekly summaries of the number of trips & earnings should be accessible.

Admin Panel

1. Trip Details

Admins should have the option to access exhaustive information about active, completed, and booked rides.

2. Report Tracking

Charts with real-time updates of drivers’ activity, revenue on active trips, canceled trips, and requests to reject the ride.

3. Revenue Management

Admins need to control transactions that can be done using the revenue management feature.

4. Driver Management

Admins approve new drivers, and their information must be visible on a corresponding page.

5. Passenger Management

Admins must be able to view and update user details through the admin panel to improve the user experience. 

6. Complaint Management

The admin should settle complaints registered by the passengers.

Tips To Consider When Developing A Taxi Booking App (Keep Costs Managed)

1. Prioritize Simplicity

Make your business model simple and scalable because simplicity is the foremost factor that can make your application successful. 

Startups must ensure the applications they are developing in 2023 are simple for users to access. Uber is a classic example of keeping the application at its best in terms of simplicity and attracting millions of users.

By adopting this tip, you can cut down the costs at the initial stages.

2. Cross-platform Development

Developing a mobile app for a single platform isn't a wise decision for your business. If you've already done it, you will have to reinvest in some other platform. Why? It is because your target audience is platform-independent and diversified.

Cross-platform development is a rescuer as it saves costs and time by using a single code base across multiple platforms.

The different types of languages are:

• HTML5
• JavaScript
• CSS

The main advantages of using cross-platform development are:

• Budget-friendly and less expensive
• A Wider chance to explore
• Single code base across multiple platforms

A few popular tools are:

• Flutter SDK
• Unity 3D
• React Native
• Ionic

3. Have A Minimum Viable Product

Are you aware that the cost of an MVP is lower than the original product? By having an MVP, you can build and release MVP publicly. Also, you can raise money and prevent wasting time on app development on the first attempt. After you have gained profits via MVP, you can focus on the original product. 

4. Troubleshooting

Focus on improvements and fixes that occur at the development stages and even after its launch. A team of experts can help you by suggesting ideas for decreasing the overall costs. 

5. Focus On Essential Functions

2023-24 is going to be grand for taxi business owners, especially those planning to launch their taxi booking applications. It is mandatory for them to stay extra vigilant while choosing the list of functions they wish to integrate into the solution. The inclusion of unnecessary functions must be avoided to keep the costs within limits. 

6. Outsource

The competition is growing fast, and businesses vanish within a period of a few days. The reason is they tend to focus on hiring a team for developing modern solutions, whereas outsourcing the app development project is unbeatable. By outsourcing your project, you are hiring resources possessing domain and technical expertise. 

Why Choose RisingMax?

RisingMax doesn’t ask its prospects to believe in its words blindly. Instead, it advocates the ‘Talk & Verify Yourself’ approach to allow people to consult its experts before they plunge into the sea of taxi booking app development. 

We have earned recognition as one of the most trusted cab booking app solution provider. Our team of mobile app developers has introduced to the world one of the best clones of apps like Uber, Ola, Lyft, Careen, and more. 

Get in touch with our experts and they will guide you through the app development process and enable you to launch your app in 2023.

As we conclude the article, here are your three free gifts.

• Get one extensive taxi business plan template created by our industry experts.
• Get up to 60% discount on Whitelabel Taxi Booking Software. (Limited Time Offer)
• 1 Year Free Support and Maintenance.