Title: Taxi Booking Software Will Make You Tons Of Cash. Here's How!
1Taxi Booking Software Will Make You Tons Of Cash.
Here's How!
2(No Transcript)
3- The global taxi app market is streaming at a high
pace with the growing competition. - At every moment, the industry is exploring
different things to integrate them with the app. - The integration of AI is the recent big thing in
the taxi app market. - Entrepreneurs are finding ways to set their march
into this revenue-generating market. - If you are wandering for ideas to kick-start a
profitable business, then a taxi-hailing app is
what you need to own.
4Taxi booking apps in 2020 - An overview of the
market
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For a while, we were all tied up in a small
arena, where we had to wait for hours to book our
cabs.
When I say 2020, for sure, you all will get
reminded of the pandemic outbreak. Several
businesses and organizations came to a
standstill.
The CAGR of the taxi app market went down by
-43.7 percent, and it declined from 83 billion
to 46.7 billion.
With complete lockdown everywhere in the world,
the operations of cabs and other public
transports were halted
5How favorable is the global taxi booking app
market?
- The advent of the internet has reached every
small corner of the world. Moreover, all of us
are prone to using smartphones for all our daily
activities. - In 2020, the global taxi booking market was
estimated to be worth USD 159.6 billion, and it
is expected to reach USD 327.54 billion by 2026,
at a CAGR of 8.95 percent. - China is one of the most populous countries, and
is the largest taxi market in the world. - Even though in 2020, half of the year was spent
on pandemics, it paved the way in the second half
facilitating the market to earn more revenue.
6Real-time tracking
What are the benefits of launching taxi booking
software?
- It help them to track the live location along
with calculating the Expected Time of
Arrival(ETA).
- Running a business is not a big deal but staying
updated with the changing trends is where the
real game starts. - The arrival of taxi booking apps replaced the
traditional taxi business.
Monitor the driver activities
- The taxi dispatching software has a separate
segment for storing the analytics and performance
records. - This segment was quite untouched for a long
time.
An easy and convenient solution
- They are more comfortable with using mobile apps
to book their rides. - This is where the users reliability lies, and as
a business owner, you have to pay attention to
them.
Monitor the driver activities
- Every business and entrepreneur strives hard to
get back their ROI. - Taxi booking apps are the best ways to generate
revenue.
7Things to follow to kick-start your taxi booking
app business
- It all starts with research, as they lay the
foundation for you to come up with more
intriguing ideas.
- Go for a competitor analysis where you can
analyze the performance and products of your
competitors.
- Why Im laying stress on the business model is
because your cost for app development
- Identify the best app developers around the town
to develop your taxi management software. - There are companies widely acknowledged for their
agile taxi booking app development.
8Wrapping up
- The Taxi-hailing business was initially started
as a niche segment focusing on a limited
population. - But later on, the growth of technology and
smartphones literally paved the way for the taxi
apps to shine out. - This is the best time to start your haunt to
design and develop a robust taxi booking app.
9websites
https//www.appdupe.com/uber-for-taxi
10THANK YOU!