Taxi App Development: Extensive Guide with All Steps Covered
The market of taxi booking apps has been on the rise for a few years. In 2022, the revenue in the taxi and ride-hailing segment is projected to reach $314 billion. The revenue is expected to show an annual growth rate of 5.30% in the following four years and reach $386 billion by 2026. Uber, one of the most popular taxi riding apps, made $14.46 billion in revenue in 2021, which made it the biggest taxi app in the world. Lyft follows suit with $3.2 billion. We have prepared the following steps of the Taxi app development : CONDUCT MARKET RESEARCH First of all, decide what type of app you are going to develop. You can create a dedicated taxi booking app – an app for an already existing taxi business or an aggregator taxi booking app like Uber or Lyft. After you’ve identified your niche, take a look at the market and evaluate the situation. Market analysis will help you identify your USP (Unique Value Proposition) before you invest in taxi mobile app development. MAKE C