How to Kickstart Your Taxi Business in North America
Taxi Business in North America
As per statistics, the overall market revenue of on-demand taxi startups in North America was valued at $36 billion in 2017 and is expected to reach $126 billion by the end of 2025 worldwide.
It is clear that the on-demand taxi booking startup in North America is considered to be the highest contributor in terms of revenue as well as sales, and it will also expand in the upcoming years.
In this blog, you’ll learn why North America is the best place to start your on-demand taxi startup and how to build your taxi app for your business.
Let’s dive right in.
Why do you need a taxi app for a successful on-demand startup?
There are several reasons for taxi app development. Let me list out some of the significant benefits:
- Increased brand visibility
- Hit a wider audience
- Minimal startup costs
- Flexible and scalable
Reasons to start your on-demand taxi business in North America
World’s largest economy
Starting your on-demand taxi startup in North America would be well received, given its massive market size of nearly $20 trillion in GDP and a population of over 325 million people.
Also, it is considered to be one of the richest economies in the world.
Diverse employees
The US has many employees, and it is also considered to be one of the most productive countries in the world. Most of the employees are ready to accept new challenges and ideas. Hence, starting an on-demand taxi business is more beneficial for the employees as well as the owners.
Technological advancements
Technology is the key to success in this competitive world. Most businesses are successful due to incorporating advanced technology that helps create a better platform.
Starting an on-demand taxi startup in North America gives the new startup owners better exposure to new technologies, and there is also a pool of talented developers who are ready to work on innovative projects.
Key players of on-demand taxi apps in the US
- Uber
- Lyft
- Gett
- Easy
- Via
1. Uber
Uber started its journey in 2010 and has changed the way we travel. It is currently operating in 84 countries and 800 cities around the world.
The benefits of Uber include easy accessibility, embedding a sense of trust and affordability, and also providing a better user experience.
2. Lyft
Lyft was founded in 2012 in San Francisco, and it’s considered the second-largest ride-sharing company in the US. It is currently operating in more than 640 cities in the United States. Currently, it has been valued at USD 21 billion to $23 billion.
Lyft offers SOS assistance for both riders and drivers. In case of an emergency, both the rider and the driver can call 911 and also share their exact location with their contacts along with the vehicle information.
3. Gett
The Gett taxi app was founded in 2010 and has become more popular in the United States. It is currently operating in more than 120 cities across Israel, the USA, the UK, and Russia.
Gett is an on-demand taxi app that allows you to easily book a cab at any time and also provides an unbeatable experience.
4. Easy Taxi app
The Easy Taxi app began its journey in 2011 with Tallis Gomes and Daniel Cohen. It is available in more than 30 countries, with more than 420 cities, and has 17 million users around the world.
It allows the users to book a taxi and also track them in real-time. Riders can pay for their ride with the availability of multi-payment options.
5. Via taxi app
Via, founded in 2012 by Daniel Ramot and Oren Shovel, is an American taxi app company. It is headquartered in New York City.
It is operating in more than 20 countries, including the US, UK, Canada, Israel, Australia, New Zealand, Singapore, Japan, Brazil, Indonesia, Finland, and Germany.
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