Ondemand App Development

The ride-hailing industry in the UK is flourishing, and several new businesses are entering the market to earn their own share of the revenue. Join this prospering market by launching a top-notch ride-hailing application and gain an edge over other businesses operating in the niche. A sneak peek into the thriving ride-hailing market in the UK A recent report from Statista has given the statistics below that stress the significance of starting a ride-hailing business in the UK. The revenue in the ride-hailing industry sums up to US$6,768 million in 2020. The revenue is expected to grow at a CAGR of 11% for the years 2020-2023, amounting to a market volume of US$9,244 million by 2023. User penetration is 21.8% in 2020 and is expected to reach 27.3% by 2023. Things to consider before getting into the app development Analyze the market Several new businesses have emerged into the UK ride-hailing market, so ensure to study the market and come up with a USP for your busi...

Smartphone applications have completely changed the way we go about our everyday lives. Tasks such as availing services or placing an order have been simplified to mere swipes and taps on digital screens. As more and more businesses adopt applications for operations, no longer do people have to wait in long queues or make long phone calls to get what they want. An on-demand service industry that got tremendously impacted by the advent of mobile phone applications is the transportation industry. The convenience of using apps to hail cabs at a preferred time greatly triumphs over the conventional hassles of waving down a taxi on the street. Reigning successfully at the top, Uber is a taxi-service offering company that raked in a revenue of $316.6 crores as of June 2019. Having attained their status largely via their app, upcoming entrepreneurs are inspired to develop a transport app of their own that will go on to rank at the top. If you’re looking to launch your ...

In the earlier era of domestic transportation, it was hard for people to find rides and also it was costly. Now with the inception of smartphones and access to increased internet speed has helped people in booking their rides from the comfort of home using the taxi-hailing apps. The change of tide in transportation has made new opportunities for entrepreneurs. The taxi-hailing business idea has so much potential. Even when there are pretty prominent players in the industry, there is always space for new entrants. To satisfy the needs of the users, businesses have started to make full use of the technology. The ride-sharing apps have come a long way and the currents apps mostly have a user app and a driver app. The customers can book their rides using the user app and the drivers will get a manage their rides in the driver app. Now let’s have a break down on increasing scope for the ride-hailing industry and how to start such a business. The Growth of Ride-hailing apps ...