How much money will I invest in developing an app similar to Uber? When people plan to create an app similar to Uber, this question always sticks in their minds.
We all know that On-demand taxi apps are top-rated in the modern age. Uber is regarded as one of the leading players in the taxi app market. According to a report, Uber is estimated to have around 3 million drivers worldwide.
Uber includes two apps
Uber has two apps, the driver and rider apps. It costs between $1,959 and $12,999 to design and develop an Uber app for iOS and Android. It takes 2 to 6 months.
The price above includes UI/UX designs, Driver App, Rider App, Admin Panels, Backend Development, Frontend Development, etc.
In this blog, we will explain where these figures come from.
Uber-like app development basics
How is an app such as Uber operated?
Uber is a top-rated app around the world. The aggregator model is a two-sided market. The following steps will demonstrate how a ride-hailing application like Uber functions.
Step 1: Register and create a profile:
Users must first register by adding their email address, phone number, or social media accounts. Users can customize their profiles after registration.
Step 2: Ride Requests
Users can create a profile and then send ride requests. They will need to add the pickup and drop-off locations.
Step 3: Ride Confirmation
The app will forward ride requests from passengers to drivers. The driver can confirm the availability of the ride by sending a message to the passengers. The request will be passed on to another driver if the driver refuses.
Step 5: Take a Ride
After confirming the ride, the driver will arrive at the pickup point and begin the ride. Riders can see the route taken by their driver to their destination.
Step 5: Payment Processing
The riders can pay once they reach their destination. The riders can choose the payment method that suits them best.
Step 6 – Feedback
The rider can provide feedback after the payment. Feedback includes ratings and reviews of the driver’s behavior.
How Many Apps Will You Need?
Uber is a great app that connects drivers and passengers. It would help if you created the following apps.
The driver app is designed for drivers. The app lets drivers accept requests from riders.
The passenger app was created to serve the passengers. Riders can request rides easily using the app.
App Owner Admin Panel
A successful app requires an admin panel. Include features like driver and passenger management and report and analytics.
Features to Look for in a Taxi Booking Application Like Uber
- Instant Registration
- Personal Profile
- Geolocation and routing
- You can call or text drivers directly from the app.
- Ride History
- Fare Estimation
- Reviews and ratings
Advanced features in a taxi booking app like Uber-
- Book rides for others
- Schedule your rides in advance
- Splitting the fare with a companion
Features that are essential in a taxi booking app like Uber
Uber App for Drivers:
- Registration and management of personal data
- Create a profile
- Reporting of drivers
- Route optimization
- You can call or text passengers directly from the app.
- Alert and Notification
- Geolocation and routing
- Ride States
- Ride cost estimation
Features of a Taxi Booking Application like Uber
- Cancellation Policy: No Fee
- Heatmaps with sophisticated reporting
Functions of the Admin Dashboard-
- Add and remove admins.
- Checking the list of drivers
- Updating drivers’ data
- Change the price of data.
Revenue sources from an app that allows you to book a cab, such as Uber
The commission is a major source of income for taxi-booking applications like Uber. Uber, for example, charges between 20-30% commission on the total ride fee.
The cancellation fee is due if a passenger or driver cancels the ride.
In-app advertising charges
Your platform can be used by different businesses to promote their products and services. You can earn a lot of money by allowing different businesses to advertise on your platform.
The premium model can help you earn a lot of money. You can offer extra benefits to riders who subscribe to your premium app.
What is the cost of making an Uber-like app in 2023?
Costs and time to develop an app like Uber are discussed above. It will cost between $1,959 and $12,999 and take from 2 to 6 months. Costs will vary depending on the project.
Many factors affect the price of developing a taxi booking app. We’ll explore a few of them.
Taxi booking apps’ features will affect your budget. The price will increase the more features you add. Include only the features you consider essential to your app.
App Platforms: What to Consider
We recommend Android and iOS if you want to reach a large audience. You may choose any platform if you have a limited budget.
The technology that you use depends on your platform, integration with third parties, feature set, etc. Use the correct technology stack for your app. The right technologies determine the performance of an app.
This list includes some of the most popular technology stacks.
Database —MongoDB & PostgreSQL
BigData — BigData, Apache Hadoop, IBM
Payment gateways — Stripe, PayPal, Braintree
Clouds – Azure AWS and Google
The geographical location of the company
You can choose the location of the company that develops mobile apps. Prices vary according to the region.
- United Kingdom – $60 to $150 per hour
- North America – $60 to $250 per hour
- India — $10 to $80 per hour
- Eastern Europe — 20 to $100 per hour
- Western Europe – $40 to $120 per hour
It’s no wonder that taxi booking app development is a big market. It would help if you weren’t waiting for anyone to create a taxi booking application like Uber.
We are a leading mobile app development company with considerable expertise in creating on-demand taxi booking applications for users worldwide.