Uber is the top-rated taxi app in the world. It maintains a steady presence in over 633 cities in 78 countries and has an annual revenue of $7.5 billion. Getting into Uber clone app development can benefit any business since this industry is only slated to grow in the coming few years.
However, before developing a taxi app like Uber, let us analyze their workflow and other important technicalities.
The workflow required when creating an uber clone app:
- Taxi service requests: Customers launch the uber clone app, input the location, and request a cab. The cab can be a mini, sedan, or luxury variant.
- The driver gets notified: As soon as the customer requests a cab, nearby drivers who are available to ride get notified. As soon as a driver accepts the request, the passenger gets notified with the driver’s details.
- Tracking the ride details: Customers can track the ride the entire time on the taxi booking app.
- Payments: Post-ride completion, customers have to pay for it. They can pay in cash or by digital payments.
- Ratings: Customers can give the driver a rating and vice versa in the end, according to their performance.
Understanding the workflow of an application is crucial to come up with an out-of-the-box and unique taxi app solution. Now, let’s know about the various business models for creating an app like Uber.
Business Models Used By Taxi Apps
There are also various business models to keep in mind when developing a taxi booking app like Uber. The top-performing taxi competitors use these models to provide rides to the customers. Here, the revenue model usually depends on ‘pay for the performance.’ The models can also receive a commission from taxi operators for every ride they complete.
The major business models employed by uber-like apps are:
- Aggregator Model
- Revenue Generation Model
- Ownership Model
In this model, the customers must connect with the booking system provider. They, in turn, will contact the taxi car owners to assign a cab to the customers.
Revenue Generation Model
Companies that seek to create a constant stream of revenue can employ the following methods in their Uber-like app:
a) Surge pricing during busy hours
b) Charging an extra fee for waiting or delays.
c) Different price models depending on the type of car.
d) Premium car services
This is the most common and among the most important business models used by major taxi apps like Uber. Customers can use a smartphone with a cab booking app to reserve a cab for their trip. Once a taxi driver or car owner contacts them, riders can go to their desired location and pay them after the trip ends.
According to Statista, Uber has a market worth of $72 billion SUSD, whereas Didi Chuxing has a market value of $56 billion. Lyft, for example, has a market capitalization of $11.5 billion. In addition, by 2030, ride-hailing businesses’ total gross revenue will have surpassed more than $285 billion. These figures should persuade every mobile app development company to consider their business approach carefully. Developers must also be familiar with the technology stack utilized to develop uber-like apps.
Technology Stacks Required For Developing A Taxi Booking App Like Uber
It is necessary for Uber clone app development to be of the highest standards if a business wishes to stand in the industry. They can do this by providing the best, prompt solutions to problems that might arise on either the customer or client-side. This way, they will be able to improve the quality of the products and services offered.
A perfect way to develop a taxi app as perfect as Uber must make the best use of available resources, technology, and infrastructure. It must also be very reliable so that success can be assured in the market. Hence, Uber clone app development must utilize the following technology mentioned below.
Real-time live location with high accuracy is crucial for both the client-side, driver, and the customer. Real-time geolocation is essential so that the drivers can reach the correct location of the customer. The customer will also know when the driver is arriving and will share the ride details with their family for their safety.
Google’s Location APIs and Google Maps Android API can be integrated with the clone app scripts for geolocation.
The uber clone app must give prompt and immediate notifications to the customers relaying the status of the ride. The notifications can be along the lines of “Ride accepted,” “ride canceled,” “Driver is almost at your location,” etc. There are various technologies that can be integrated with the clone app scripts for on-time notifications. They are Push notification apps such as Google Cloud Messaging and SMS notification apps such as Twilio.
Gateways For Payments
The gateways for payments will change as per the country. Braintree is a leader in accepting card payments. PayPal Card.io also makes it simple to pay with credit cards on iOS and Android devices in the USA. Google Pay and Phonepe are popular in India, making it convenient for customers to pay with a tap.
Logistics, Storage, and Infrastructure
Every mobile app script must have adequate back-end services integrated with software such as PostgreSQL. Other technologies which are used while making a mobile app script are:
- Distributed storage analytics: Hadoop Warehouse
- Back-end programming languages: Java
- Inventory Management: Clusto
- Visualization mapping: Canvas 2D and WebGL
- App Provisions: Aurora
- Visualizations: Kibana
The transportation industry is witnessing a huge boom which will only soar in the next decade. The tourism and transportation industries are in dire need of effective taxi booking apps. There are many uber-like clone apps that are performing very well. Organizations have the opportunity to develop their next billion-dollar taxi app like uber to provide products and services to their customers. Using the right technologies can help your business, and the app succeeds and generates huge revenue.
Developing a taxi booking app like Uber from scratch might be very expensive. Instead, development companies can use clone app scripts that are already partially developed to create their own taxi booking app.