A majority of us are still amazed at how much technology has achieved in the past few years. Smartphones are now the devices that operate the world as a remote control. A few taps and our demands and wants are met instantly. It has reached a point where we don’t even need to step out of our homes!

The taxi industry is one such segment that has benefitted greatly from the advancing technology. We are familiar with people roaming the streets shouting out to taxis and waving their hands in the air. There was also the option of calling to make bookings. This conventional process of hiring taxis has changed beyond recognition.

New-age taxi services can be availed through mobile applications. It is accurate and efficient. All the user needs to do is enter the pick-up and drop location. After that, the drivers in the area are notified. The available drivers accept the request and carry on with providing the service.

The taxi industry has seen immense growth over the past five years. In 2015, the overall worth of the industry was a little over $1 billion. In the year 2019, it touched the $3 billion mark. It is estimated to be worth around $6.5 billion by 2024 with the rate it is increasing currently.

How Much Does Taxi App Development Cost?

The evident rise in the usage of taxi-booking applications has led to numerous taxi app developers providing cost-effective solutions for entrepreneurs. But on the whole, how much does it generally cost to build a robust taxi app? Let’s find out!

Source Url: http://teemey.com/2019/10/the-taxi-industry-today-taxi-app-development-costs-and-features/