Gone are the days when getting a taxi used to be a hassle. No more waiting for hours, rushing to board your flight, or getting into a frenzy in case of an emergency.
Taxi app have saved the day and completely changed how we board our taxis. Uber and Lyft are two of the major cab-for-hire services that have become industry leaders.
A lot of the change that occurred in this space is primarily owed to Uber. But the industry is also ripe for new players who are looking to create taxi booking systems. This is why there are so many taxi-for-hire apps coming up. Most of these companies start their operations from a few cities and spread their operations gradually.
If you have also thought of creating a taxi cab dispatch software or getting into this business, this post will be helpful for you. Here you will know about everything in detail to help you get going with your own business in the domain.
The taxi app development industry has experienced explosive growth in recent years, fueled by the increasing demand for ride-hailing services worldwide. Here is an overview of the taxi booking app:
Some of the key challenges of the taxi app development industry are as follows:
Different countries require different regulations which must be adhered to by all companies. Sometimes, even different states have different laws within a country, like in the USA. This becomes a challenge for companies and their expansion plans.
The industry has been heavily criticized for the security of the passengers, and one stray incident may permanently dent the image of the company. This is a massive challenge in the industry where trust greatly contributes to business success.
Some of the major Opportunities in the industry are:
With user penetration of just 17%, the industry will look to expand into new markets. Although it will come with fresh challenges, it is also a massive business opportunity. Many developed and developing companies are untapped markets for this industry. This is likely to change in the next few years.
Many taxi hire companies now want to diversify their services with auto, bike renting, and even car sharing. Another significant change that we are looking at in the near future is the integration of these apps with existing public transport.
According to Statista, the revenue in the ride-hailing and taxi segment is expected to reach US$ 330.80 bn in 2023, with an annual growth rate of 3.46%. The number of users is also increasing with user penetration which is expected to hit 18.3% by 2027.
China is the biggest market for the industry, with US $130bn, but probably the most important data for us is- online sales generate 55% of the total revenue.
Like most major industries today, the taxi hire apps industry is also full of competition where new and upcoming companies have to go against giants of the industry.
Driver retention is also an issue that comes with competition. Drivers will, of course, run for a company that provides them with better pay. Companies must work hard to retain their drivers and top talents in this scenario.
Know more: Complete Guide to Develop a Taxi Fare Comparison Mobile App
Outsourcing your taxi-for-hire app is the best decision. You’ll get the best talents and the requisite experience. But choosing a company to develop your app doesn’t have to be a headache.
So, here’s a list of the 10 top taxi app development companies in 2024 if you are looking to create a taxing booking for the taxi business:
Arka Softwares is India’s leading web and mobile app development service provider. They also have offices in the USA, UK and Australia.
A certified Salesforce Partner, they have successfully delivered over 600 projects to more than 450 clients globally. They serve the following industries; Healthcare, media, automotive, real estate, logistics, transport, e-learning, banking, and finance.
The company offers NDA security, on-time delivery, source code authorization, comprehensive reporting, and 24*7 support in all time zones. This has helped it to carve a name for itself in such a short time.
Providing such incredible benefits is the reason behind their high ratings on all major review sites. The national and international awards they have won are also a testament to their competency in the field of app development.
You’ll get some of the best – dedicated developers at Arka Softwares as they recruit some of the top talents from the industry.
Bacancy is an India-based IT and software development company. Besides India, it also has offices in the US, Canada, UAE, Australia and Sweden. More than 1000 employees work across the six offices.
The company claims that these employees and the independent developers that work through it constitute the top 1% of the IT industry worldwide. In its 11+ years of existence, the company has worked with over 1000 clients across 12 countries.
They work in alignment with the time zone of their client and provide software solutions across various industries like healthcare, logistics, real estate, oil and gas.
They believe in achieving excellent results for clients through innovation and sustainability. Their excellent reviews on review sites like Glassdoor, Clutch, and Google are testimonials of their excellent performance.
Appy Pie is a leading no-code AI platform that makes it easy to create apps and websites. It provides easy drag-and-drop functionality so that you don’t need any coding knowledge to create your app or website.
The company is cost-effective, charging as little as 10% of the industry standards and a 10X time to market. It allows users to create as many integrations as needed into their workflows.
With an easy learning curve, faster time to market, lower risk, and better ROI, Appy Pie is a great way to build your own taxi app.
But you do have to remember that customization and functionalities will be limited with no coding apps. So, it’s a great way to test the waters or for someone with a limited budget to create a taxi app.
Valuecoders is an India-based software development and engineering company. With nearly two decades in the industry, it has worked with various clients, including both startups and Fortune 500 companies.
Since 2004, when they started, they have worked with over 5400 clients in 12500 projects across 38 countries. They are a team of 650+ skilled professionals who are the reason behind the national and international recognition the company has got.
They serve a large number of industries like media, retail, education, fintech, banking, and finance, among several others.
They also provide comprehensive solutions from supply chain management to Content Management Systems (CMS). Their exceptional services are the reason behind their great reviews on Clutch and Glassdoor.
Space-O Technology is an India-based custom mobile app development company. Besides India, they also have offices in Canada and the USA. They have over 4400 live apps on app stores in their 12 years of existence, with over 1200 clients worldwide across more than 20 countries.
These apps have been downloaded over 3 million times. They serve various industries like real estate, education, healthcare, retail, e-commerce, and AI. They help startups, small and mid-sized businesses, and even large enterprises.
Their significant services are mobile app development, UI/UX design, and web app development. Space-O Technology also has a considerable presence on the freelancing platform- UpWork, where it has worked with a 96% success rate with a badge for being a top-rated company.
Codiant is a mobile app and web app development company. It has regional offices in India, the USA, the UK, and Australia. They have experience of more than 12 years in the industry. During this time, they have completed more than 1200 projects.
They have some massive names as their clients. Some of them are Bloomberg, TATA, Pfizer, Standard Chartered, and Ceat. They serve a huge number of industries like healthcare, e-commerce, retail, logistics, banking, and finance, among several others.
They also provide a vast number of solutions, including AWS hosting, IoT, Enterprise solutions, startup solutions, etc. They have won numerous awards for their excellent performance and are recognized as a leading app development company in the US.
Mobisoft Infotech is a top IT outsourcing company in India. They specialize in app development, web development, custom software, and product development. They have successfully provided more than 400 digital solutions to companies across over 37 countries.
They operate across various industries like retail, healthcare, e-commerce, logistics, sports and entertainment. They work with clients of all sizes, from startups to large enterprises. Some of the biggest clients they have worked with are AT&T, Samsung, Kohler, and Deloitte, among many others.
Their team of 250+ excellent IT employees is the reason behind their enviable track record. This is also the reason why they have such excellent testimonials and client reviews on review websites.
Code Brew is an India-based IT and digital transformation services company. Besides India, they have offices in Dubai, the UK, the USA, and Mexico. They have a fantastic team of developers, marketers, designers, and builders in their company.
In the ten years of its existence, they have successfully delivered thousands of apps across various industries like sports, retail, fintech, e-commerce, and on-demand taxi; among the 3000+ apps they have made, they have some industry-leading ones like the BharatPe app.
The company banks on creating customized solutions for your business. The scalable and bug-free apps come with the rights to the source code. You own your app as soon as the project is finished. These incredible services are the reason they have a 4.8 rating across various review sites.
RetroCube is the leading app development company in the USA. They work with a wide variety of technologies for software development like iOS, Android, React Native, Flutter, Ionic, Swift, Kotlin, etc. They have delivered more than 1000 apps till now.
They work with all industries that require a mobile app. They are strategic technology partners with some of the biggest names in the industry, Google, AWS, and Adobe. This helps them deliver a wide range of services like IoT, Microsoft Power BI, Machine Learning, AR, and VR.
Some of their significant solutions are in industries like healthcare, social network, e-commerce, news, sports, and entertainment.
They have a detailed step-by-step process in place to start work on a new project. It begins with onboarding and two-way communication and terminates after the successful delivery of the app.
Onde is a ride-hailing app which was formerly known as Taxi Startup. The company offers products that provide a platform for taxi-hailing apps. As the entire solution is hosted in the cloud, their clients can reduce their expenditures on infrastructure.
Onde eliminates the need to hire taxi mobile app developers. They provide all the tools required for a taxi business to run a taxi-for-hire app.
Some of these tools which make it so popular are cloud-based admin panels, multiple payment options, multiple tariffs for each car class, and a coupon system for passengers.
They also have a driver app for everything a driver needs to work for a taxi-for-hire company.
Choosing the best ride-sharing app development company for your business is half the job done. But, to ensure that the whole process is not tuned into a shot in the dark, you have to follow some guidelines.
Here are five tips that will help you prepare the blueprint for your perfect partner company:
Start by looking for a company with a rich portfolio. One with expertise in developing apps and that to the kind of apps you want. This would be very helpful for you because a company like that would be able to offer practical solutions to your problems.
They would be aware of the common challenges, and it would reduce your time to market the app. Also, the mobile industry is constantly changing.
The right company should be abreast of the new technology. This would make your app future-proof and provide a great user experience.
Communication is integral to any relationship, be it professional or personal. Your partner company should be a good listener.
Before starting any work, they must ensure you are on the same page especially considering that working on an app from scratch may take weeks, if not months, to complete.
So, you need to be in the loop. Top taxi booking app development companies are great communicators, and it would be easy to collaborate with them.
You must find a partner company that can build your app within the given budget because, unlike many of your competitors, you are less likely to have a considerable investment when starting out.
The project’s cost can depend on several factors, including the location of the taxi booking app developers, customization, and time taken. But to get a close estimate, you should talk with an app development company.
Many companies like Arka Softwares offer free consultation calls. Use this discovery call session to estimate the budget closely and ensure they are the right fit for you.
Checking the reviews of your prospective partner app development company is another great way to ensure you are partnering with the right company. To do this right, don’t just rely on the reviews left by their client on the app development company’s website.
Read the testimonials thoroughly to find out what they have to say about the company and their experience of working with them. Do they have any complaints? Will they like to improve something?
You can also go to review sites like Glassdoor and Clutch and check the ratings and reviews left by clients.
You’ll need support and maintenance even after your app is deployed. It is important to look for a company that supports and maintains the app. It would be even better if this service is round the clock or in your time zone at the very least to resolve issues quicker.
With 55% of the transactions already being in the online form, the future of the taxi business is digital. Whether we like it or not, taxi booking systems are here to stay. This is why on-demand taxi booking app development is essential for the future of the taxi business.
In the US alone, the taxi app business has a revenue of $5.1 billion. Although Uber is the leader in the industry, Lyft and other apps are giving it tough competition. There’s plenty of space for new and upcoming businesses in the industry.
Taxi apps are a secure and reliable way to hire a taxi, and over the last few years, they have become the norm. This trend is likely to continue further for the next several years.
The industry does face some challenges like all businesses, but the market is still very lucrative for new players to come and old players to hold tight to their numero uno position. This is portrayed by the fact that many of these taxi apps are heavily invested in.
As internet penetration increases, using taxi apps to hire taxis will become the norm. With the expansion of the taxi app business into newer markets, more and more people will use taxi apps to hire a cab.
This can be seen in India as well, where people are not only using Ola and Uber, which are the top ridesharing and carpooling Apps, but also many local, homegrown apps are coming up in the market.
With extensive knowledge and expertise in developing apps across industries, Arka Softwares can help you build your taxi-for-hire app. We start with a free 45-minute discovery call to identify your app idea’s scope, opportunity, solution, and competition.
After you come on board, we will start working on your app. Our top IT talents work on your app to ensure you have an app that is within your budget, secure, and customized to the needs of your business. We’ll provide you with the custom taxi app development you want.
We will ensure that your app has all of the must-have features like navigation, multiple payment gateways, and customized features that will help you compete with the best in the business. We’ll beta-test the app to ensure everything is working correctly and there are no issues with the app.
We don’t create a white-label taxi app; you own your app right from the start, and we’ll hand over the source code to you as soon as the work is finished. Moreover, our job is not finished as soon as we deploy the app. We will provide you with maintenance and support if you need our help with it.
Top Ride-Sharing Mobile app developers, extensive experience in developing apps, and an enviable track record of successful apps make us the perfect fit for developing your taxi-for-hire app.
Read more: Taxi Booking Mobile App Development Cost and Key Features
Using taxi apps to hire taxis is becoming the new normal. The trend will continue as internet penetration increases and companies explore newer markets.
Although there are big players apps like Uber and Careem with heavy investments, there’s room for new players. This is evident from the numerous new taxi-for-hire apps coming into the market.
If you are looking to develop a carpool app for your taxi business, it is essential to remember that choosing the right app development company will be the key to your success.
A company with the right expertise will help you tackle the obstacles and prepare for them better, even if you are new to the industry.
This is why Arka Softwares will be the perfect partner for your taxi-for-hire app development company. Contact us now for a free 45-minute discovery call.
Jeeto11
The app quickly earned over 1,000 downloads within two months of launch, and users have responded positively. ARKA Softwares boasted experienced resources who were happy to share their knowledge with the internal team.
Archithrones
While the development is ongoing, the client is pleased with the work thus far, which has met expectations. ARKA Softwares puts the needs of the client first, remaining open to feedback on their work. Their team is adaptable, responsive, and hard-working.
Service Provider
I started my project with Arka Softwares because it is a reputed company. And when I started working with them for my project, I found out that they have everything essential for my work. The app is still under development and but quite confident and it will turn out to be the best.
