Before getting started with the cost of taxi booking app development, let us first discuss how the whole system works and what features are required in the app.
HOW TAXI APP WORKS?
There are many apps developed for taxi booking purposes like Ola, Uber , Hailo, and more. These are designed and developed to make it easy for the cab seeker and driver to meet. By using the app a cab seeker can find nearby available cabs and book them by mentioning the destination point. A cab seeker can also share his/her ride with other passengers. On the other hand, a cab driver can easily get bookings by using the taxi booking apps. So this app is not only providing benefits to customers but the app is providing benefits to cab drivers as well.
A taxi booking app has three main ingredients:
App for Passengers (to book taxi)
App for Drivers (to accept bookings)
Admin Panel (to manage the whole process)
Each application has different features according to the need of the stakeholder.
HOW LONG WILL IT TAKE TO DEVELOP A TAXI APP?
Companies have almost the same app features in this industry just like Ola and Uber. but, they are using different technologies. Here are some basic activities and features that develop a simple taxi app for Android and iOS along with time consumption.
User Registration, Login, User dashboard: 110 hrs
App Notifications: 30 hrs
Cab Booking: 70 hrs
Vehicle tracking feature (GPS): 50 hrs
Payment gateway integration: 40 hrs
Calculation of fare: 20 hrs
Booking history: 30 hrs
UI/UX Design: 150 hrs
Backend Development: 150 – 200 hrs
Admin Panel development: 150 hrs
Quality Assurance: it takes one-third of the total time spent on app development
The whole process of developing a taxi booking app for iOS and Android might take up to 1000 hours in total.
COST DEVELOP A TAXI APP
Massive brand building is a time-consuming process. To counter that a brand should go with white labeling before investing in the transportation field to become a brand.
Let’s start with the software white labeling, a startup having no experience but is so curious to become a big brand in the public transportation industry (like Uber, Ola, Hailo, and more) should go with white labeling of the app. It will prevent a huge investment, as similar applications are already developed by the world’s best developers for white labeling purposes. Moreover, it will be beneficial to invest in white labeling the app rather than reinventing the wheel. It will not only save money but a huge time also. A startup should ensure that the project is cost-effective. App White labeling is one of the most basic and quick versions that a startup can go with. It will cost up to as lowest as $10,000. Also, this version of the application has all the features that are enough to satisfy the end customer’s need.
Without avoiding the fact of extension, that every business wants to extend and modify its services as per the customer’s trends and profitability. A developer can work on new advancements of features and functionality as per the business requirement. In this process, a business should be ready to invest up to $25,000. This price is considered to be the lowest one. But, the prices can be as huge as $100,000 as there are a lot of factors that can affect the total prices such as recruitment of a developer, project planning, timelines, and more.
Location of the development team is not only the cost factor but, engagement duration, team size, team experience are equally important. However, a team is considered to be the most expensive that is closer to Europe and the United States. A software team from the USA and UK charges twice as compared to the outsourced development. Therefore, a software developer in the UK charges $100 per hour on average and the rate of development for the same in the USA ranges between $80-$200 per hour. Here are the average rates of different continent’s software developers.
Africa: $20-50 per hour
Asia: $15-25 per hour
Eastern Europe: $15-50 per hour
Latin America: $15-25 per hour
TAXI APP DEVELOPMENT COST
We have estimated the time required to complete software development work. So now let us estimate the total cost required for Taxi App development of Android and iOS. Have a look:
Development iOS Android
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
Above costing is an estimate and not a final amount, cost can be different from country to country and individual. These estimates are based on average methods also, cost can be negotiated during the final agreement.
The public transportation industry is on the boost after integrating with technology. The decision to enter the market is profitable yet requires a huge amount of investment. Moreover, it is challenging to develop an app from the scratch. But, as we mentioned above the best thing a startup can do is to start small with the white labeling method. As pre-built apps have enough features that can meet the needs of your end customers. Also, you need to do market research that can help you determine the cost involved in overall project and application development also. So, test your business idea white label a pre-built app. Do not be afraid of the competition, Just start and build a strong brand presence. We wish you all the Best!
Original source: taxi app development cost