Tarun Nagar Do you want to develop an app like Yandex Taxi? If yes, this blog is for you. This blog will take you behind the scenes in the development process of an app. It will share some handy tips to create an app like Yandex Taxi, ensuring success.
The taxi app has experienced significant growth in recent years, driven by the rising demand for on-demand transportation services. People prefer more convenient options for traveling, and mobile apps like Yandex Taxi have contributed to this.
According to a study, between 2024 and 2028, the global revenue in the “Ride-hailing” section of the shared mobility market will rise steadily by 50.1 billion U.S. dollars (+30.25 percent). As a result, businesses find investing in developing an app like Yandex Taxi lucrative.
You may also run a business and want to know how taxi apps get success. If so, read this blog. It will explore the process of on demand taxi booking app development in 2024. It will also provide you with information required to launch a successful taxi app.
Introduction of Yandex Taxi
Yandex Taxi is a ridesharing application similar to Lyft or Uber. Yandex (a Russian multinational corporation) has introduced this service, operating in more than 1000 cities across Africa, Europe, the Middle East, and Asia. Here, users find rides at reasonable prices without calling an operator. Additionally, users can also request a ride on a company site or Yandex Taxi Android app.
Hence, Yandex Taxi app for Android depicts a lucrative business opportunity by tapping into the growing demand for convenient transportation services. If you are also interested in such cab booking app development, you can get assistance from taxi app development services provider.
An on demand taxi booking app development company will capitalise on this trend by creating tailored solutions for your business to enter this market efficiently.
Market stats of Taxi Industry
- Current globally, the ride-hailing industry is anticipated to grow significantly.
- By 2024, it is estimated that this market would generate US$165.60 billion in sales.
- Furthermore, a projected global market volume of US$215.70 billion is anticipated by 2028 at a compound annual growth rate (CAGR) of 6.83%.
- It is anticipated that the ride-hailing sector would experience a notable surge in user numbers, with a predicted 1.97 billion users by 2028.
- By 2028, it is anticipated that the user penetration rate will have increased to 24.6% from its estimated 22.6% in 2024.t Market Stats On Yandex Taxi
7 Key Steps to Develop an App Like Yandex Taxi
If you are not familiar with how to build or launch a taxi booking app in Israel, look at the following crucial steps. With these steps you can successfully develop an app like Yandex Taxi.
- Conduct Market Research
- Choose the Right Tech Stack
- UI/UX Design
- App Development
- Testing and Quality Assurance
- Launching and Marketing
- Maintenance and Updates
1. Conduct Market Research
Before you develop app like Yandex Taxi, conduct a research on the transportation landscape, user preferences, and competitors’ offerings. This will enable you to identify available market gaps that you want to fill with your app. For a better outcome, you can use buyer personal. It will help you clearly understand what the audience expects from you.
2. Choose the Right Tech Stack
Successful travel mobile app development UAE is only possible with the proper use of the tech stack. Hence, you are supposed to opt for scalable and reliable technology. You can hire taxi app developers to select the right tech. The travel planner app development company must be aware of the most suited backend, database, maps, and navigation technologies to bring an expected solution.
3. UI/UX Design
The design of a taxi app is the first thing users see when using the application. Users prefer it even before opening an application by looking at its icon. Ensure that every button, animation, and colour is crafted with the user in mind to make the whole experience functional, seamless, and enjoyable.
4. App Development
Here, the process of journey app development starts. To build car rental app like Ekar, hire Yandex Taxi app developer that can effectively bring the application to life. A cab booking app development company will turn ideas into lines of code to ensure your taxi app works efficiently and smoothly.
5. Testing and Quality Assurance
Before hitting the road, ensure that your Yandex taxi app has gone through several tests so that its possibility of success is high. Conduct various tests, such as functional testing, user acceptance testing, usability testing, and more. Make sure that every aspect, from seamless booking to safety features, is thoroughly checked.
6. Launching and Marketing
Once your app is ready, submit it to application marketplaces and launch it to the market. You do not need to worry here, as taxi booking app development companies in Qatar take on such tasks. You just focus on the app’s technical side. Additionally, adopt different marketing channels to engage a large audience and make your application successful.
7. Maintenance and Updates
You need to continuously update your app to keep it functional for a long time. With the help of a taxi app development company, you can add new features, fix bugs, and add other things to keep users engaged with your new improvements.
Essential Features of Yandex Taxi App
Have you ever thought about what makes an app successful? Well, feature is the key to make an app successful. Hence, if you make your taxi booking business in UAE successful, ensure to insert the following key features:
| Easy Booking | Allow users to set their pickup and drop-off locations with a few clicks. |
| Liev Driver Tracking | Let users see their driver’s locations to estimate their arrival time. |
| In-app Chat | With this feature, travellers can talk with drivers through the app. |
| Route Sharing | Ensure that users can share their trip detailed with others for their safety through your app |
| Multi-stop Booking | Build an app like Hala Taxi, allowing users to schedule multiple pick-up and drop-off locations in a single trip. |
| Driver Verification | Your app must be capable of verifying the identities of drivers to maintain safety measures. |
| Accessibility | Take helps an app development company to integrate features like requiring a cab with a child seat or spacious trunk. |
| Emergency Button | Allow passengers to contact available emergency services directly via your Yandex app. |
| Pre-order Rides | Build a taxi app at affordable rate in Dubai that enable users to book cabs in advance for a stress- free arrival. |
| Multiple Payment Methods | With this feature, users can pay for their ride with credit card, cash, or Yandex Pay, a digital wallet. |
| Reviews and Ratings | Let users rate their direct and leave their feedback to improve your app services. |
How Much Does It Cost To Develop an App Like Yandex Taxi?
Yandex Taxi app development involves several elements that influence the cost. On average, the cost to develop a mobile app like Yandex can be from $8500 to $27500. However, the cost of a taxi app primarily depends on the complexity of the app’s functionalities, development time, developers working hourly rate, design intricacies, and many more. Hence, based on such complexities, a breakdowns of the cost to develop Yandex Taxi:
|
App Type |
Estimated Cost |
Time Frame |
|
Simple Yandex Taxi Development
|
$8500 – $15500 | 4 to 6 Month |
| Medium Yandex Taxi Development
|
$15500 – $22000 |
6 to 9 Month |
|
High Yandex Taxi Development
|
$27500 |
11+ Month |
To know more about Yandex Taxi app cost, you are advised to hire a full stack app development company. Taxi app development company will analyse the overall project’s requirements, assess must-have features, and consider technical complexities to provide an accurate cost estimation.
Know Cost To Maintain Yandex Taxi
Apart from the cost to develop an app like Yandex Taxi, you must also be aware of the cost to maintain an App like Yandex taxi. It includes expenses for customer support, app updates, bug fixing, and many more. On average, the cost of maintaining a taxi app like Yandex falls between 16 and 20% of its overall development cost.
Maintaining a taxi app is critical and quite complex, but at the same time, you can ask for an app development company to help you achieve the desired outcome. Cab booking app development company has the expertise to estimate future needs and work accordingly.
Additionally, on-demand taxi booking app development services providers also offer maintenance packages that can be tailored to your project’s specific requirements. Hence, they ensure that your app is up-to-date and can work smoothly.
Why Should an Entrepreneur Invest In Yandex Taxi Development?
Investment in ride sharing app like Uber is a strategic move for entrepreneurs who want to capitalize on the growing demand for transportation services in different regions. Here are a few of the complete reasons why it can be beneficial for entrepreneurs to invest in Tour and travel app development:
- Enter in a Booming Industry
- Profitability and Adaptability
- Technological Expertise
- Strong Brand Recognition
- Revenue Generation
1. Enter in a Booming Industry
As you know, people no longer want to talk about traditional taxi cabs. Travelers prefer using their smartphones to book a ride, saving time and money. Hence, the industry offers a big market for developing the Yandex taxi app.
2. Profitability and Adaptability
Yandex Taxi continues to innovate and adapt to changing market dynamics, offering new services, features, and business models to stay competitive. Hence, entrepreneurs can align themselves with a forward-thinking company by investing in Yandex Taxi app development.
3. Technological Expertise
Yandex Taxi leverages advanced technological solutions, machine learning, data analyst, and cutting-edge algorithms to optimize its operations. Hence investing in tour and travel app development will enable entrepreneurs to tap into such technological expertise, gaining access to best technological solutions to improve quality and efficiency of services.
4. Strong Brand Recognition
Yandex is a famous brand in many countries. Therefore, investment in the Yandex Taxi app leverages the recognition and trust of the Yandex brand. So, it will help entrepreneurs gain market shares, which is a significant reason businesses should invest in Yandex Taxi development.
5. Revenue Generation.
Yandex Taxi is one of the significant revenue sources. Entrepreneurs can earn revenue through commissions on rides. Hence, as per Android app development services provider, investing in Yandex Taxi app development can yield a good return on a share of this revenue.
Wrapping Up!
Developing an app like Yandex Taxi is an ample lucrative business opportunity for tapping into the growing demand to Start a Taxi Booking Business in UAE. With this blog, you may know how to develop an app like Yandex Taxi. However, creating an app like Yandex Taxi might be challenging.
No worries! Collaboration with an app development company gets easier. So, if you are ready, Dev Technosys will help you. Our team comprises tech specialists, researchers, observers, and analysts with big brains. As an Android or iOS app development services provider, we ensure that clients obtain their goals and objectives with our app development services while meeting customers’ requirements.
Frequently Asked Questions
1. How Much Does It Cost to Develop an App Like Yandex Taxi?
Based on your app’s complexity, Taxi app development cost can range somewhere from $8500 with basic features to $27500 with advanced features.
2. How Long Does It Take To Develop an App Like Yandex Taxi?
The time required to develop an app like Yandex Taxi depends on its complexities and other aspects. On average, it can take somewhere 3 to 11 months to develop a successful taxi app.
3. How Can You Reduce The Cost To Develop An App Like Yandex Taxi?
To reduce the cost to develop an app like Yandex taxi, you should adopt following techniques;
- Prioritize key features
- Minimal viable product
- Adopt agile methodologies
4. How to Attract Riders to Your Taxi App?
To attract more and more rides follow the given strategies:
- Offer discounted
- Ensure safe and reliable services
- Provide a user friendly and seamless experience
5. What is the Future of Ride-hailing Services in Middle East?
Riding-hailing scene in Middle East is turning towards a bright future (expected a rise in revenue, with a projected amount of US$199.00m in 2024). It has fueled by increasing use of smartphone, electric vehicle alternatives, and competition offering affordability and convenience.
