Mobile apps are rapidly changing the way we do business and outmaneuvering traditional and established companies. One of the biggest examples is Uber. A ride-sharing, taxi booking app that is dominating the global market. Uber has changed the mindset of everyone, and now small businesses are trying to establish their dominance with apps too. If you want to build your own taxi booking app, here are some of India’s most reputable taxi booking app development companies.
TAXI BOOKING APP MARKET TRENDS
According to Statista:
- This year, the global market share of taxi booking, and ride-hailing services reached $330.80 billion (about $1,000 per person in the US).
- According to a report by Statista, the market share will reach $379.00 billion (about $1,200 per person in the US) by 2027.
- The total number of customers and users for taxi booking services will reach 1.45 billion by 2027.
- China has the biggest market size for taxi booking services and revenue generation compared to others. The current revenue generated by taxi booking services in China is $130.90 billion.
- The segment is projected to register a CAGR of 17% from 2022 to 2028 in the global market.
CHALLENGES FOR RIDE-HAILING APPS
Customer Security is the utmost priority of any company. However, when you are in a service-based industry, incidents do happen. One small error can ruin the company’s reputation. That’s why most taxi booking companies now run a thorough background check on every driver.
The ride-hailing and taxi businesses are always trying to enter new marketplaces, but it’s not easy. Many companies are trying to come up with fresh ideas for every demographic and country. For example, ride-sharing and bike taxis are great examples of it. This is a new and affordable way to travel a short distance. However, it’s not always easy, as current User penetration is 17.4% in 2023 and is expected to hit 18.3% by 2027.
Every country has different rules and regulations that a business needs to follow. Sometimes, most states have various rules that are different from others. A taxi booking company needs to follow them accordingly, which might create an issue.
Currently, in the US market, Uber, Lyft, Curb, and more companies are trying to cover as many cities as they can. The competition in the taxi booking market is brutal, and they also need to compete with local taxi companies too.
HOW TO CHOOSE THE RIGHT APP DEVELOPMENT PARTNER?
Choosing the right development partner for your taxi booking app is a crucial first step. We need a reputable company which has years of experience with similar projects. Learning more about them and how they work before approaching them for the project is important.
Portfolios are like resumes for the company. We need to check their websites to learn more about what type of projects they have completed. Make sure to find a company that already has experience with taxi booking companies. Check their page for case studies regarding the application and their work process.
App development for taxi booking apps is not a cheap endeavor, and every company works within a certain budget. We need to find an app development company that works within our budget. Make sure to find one that has all the qualities we mentioned previously and offers an affordable price range.
The location of the app development company plays a vital role in overall cost. Companies that are situated outside the US offer a budget-friendly cost for app development. Make sure to check the hourly rate of the country before selecting any agency for the project.
TOP 10 TAXI BOOKING APP DEVELOPMENT COMPANIES IN INDIA
Vrinsoft Technology Pvt Ltd
Vrinsoft is one of India’s most prominent Taxi booking app development companies. They provide a cutting-edge approach to building a world-class taxi booking app. They have teams of qualified and skilled developers that offer a client-centric perspective to any app development. They prioritize user experience, functionalities, performance, and reliability for the app. With more than 12 years of experience and completing over 2000+ projects, they are the best at what they do.
Orion Info Solutions
Orion is a software development company with over 8 years of experience in the market. They offer all kinds of mobile apps and gaming solutions for businesses. They specialize in taxi booking app services with multitudes of features in budget-friendly packages. They offer on-demand taxi booking apps that allow businesses to launch their services rapidly.
Aglowid IT Solutions
Aglowid offers multiple options for taxi booking services, such as car rentals, VIP corporate, paratransit, and more. These applications include 50+ developers and a long list of satisfied customers. They provide taxi booking app solutions to all small and large businesses with affordable development costs.
Solulab is a popular software development company that offers a wide range of app development, including taxi booking apps. They have over 9 years of experience in the field and have delivered more than 1000+ projects worldwide. Solulab provides total support for taxi booking apps that allow businesses to launch their app quicker on the market.
Space O Technology
Space O technology has over 12 years of experience in the app development field. They have built more than 4000+ live applications for it. Also, they have services to more than 1200+ clients in 20 different countries. They offer a taxi booking service app that provides all functionalities and features.
Codiant is a reputed app development company that provides on-demand taxi booking apps and dedicated app development. They have 12 years of experience with over 1200+ successful project completions. Their on-demand taxi booking apps are TaxiWheel and TaxiOnGo, which are white-label and readymade apps.
FATbit offers an on-demand taxi booking service app named Vivocabs. They have more than 15 years of experience in this field with over 150+ teams of developers. They have provided software solutions to companies like HCL, TVFplay, and UNI Diamonds. They have been featured on reputable websites like Forbes, Huffspot, Telegraph, and more.
Mobile Application Development India (MAADI)
Maadi offers total software solutions for any business or company. They have successfully completed more than 2000+ app projects with 900+ satisfied clients in 28 countries. Their client base contains some of the most popular brands like Lego, Mitsubishi Motors, Marriot, Porsche, and more.
They can provide taxi booking app development on both Android and iOS platforms. They have a dedicated team of developers who have years of experience in the field. They can offer all the features and functionalities of a taxi booking app along with advanced features.
Established in 2010, they offer websites and software solutions to their customers. They have served in more than 45+ countries with 380+ satisfied customers. They operate in 16+ industries with 80+ skilled developers. They offer on-demand taxi app development services in the premier category.
They offer dedicated software solutions to large and small companies. They have 12 years of experience in the field, including 6 offices worldwide. They have more than 1400+ satisfied customers with over 1000+ projects. They have certified developers who can provide on-demand taxi booking apps at an affordable price range.
Taxi booking, ride-hailing, and sharing apps are one of the most popular in the market. Companies like Uber and Ola are living examples of how an app-based taxi booking service can rise to the top. Many businesses are now investing in on-demand or app development solutions for taxi apps. During the pandemic, taxi-hailing apps took a hit, and profits went down; however, in the last couple of years, they are again gaining new ground. According to a report by Business of Apps, taxi booking services will reach $100 billion in revenue in 2023.
So, if you are looking to build your own taxi booking app, now is the time. In this article, we have provided a list of some of the most prominent taxi booking app development companies in India that provide a taxi-hailing apps. You can also reach out to us at Vrinsoft for your app development solution.