How Rideshare Apps Like Uber is Making a Buzz in the Mobility Sector?
The ride-sharing industry is in the news for all good reasons. Post pandemic, people are gaining confidence over public transport and are making a new try to choose the ride-sharing services.
Uber is a popular name in the mobility sector. Similar to Uber, the rideshare industry has launched its apps like uber for the comfort and ease of the customers as well as other stakeholders.
In this blog, let us cover the following topics:
- What is the rideshare industry – market and its forecast
- Rideshare apps like Uber : A brief overview
- Workflow of Rideshare apps like Uber
- Reasons why Rideshare apps like Uber are so popular
- Choosing the right tech
What is the Ride-Share Industry?
The rideshare industry is a well-known transportation network organisation that offers on-demand ride-hailing services through apps – taxis and e-taxis. The rideshare apps like Uber helps in matching the passengers with the drivers or the vehicles that are already en route to the same route.
The rideshare industry is getting famous for all the right reasons. Its quick access and cost-effectiveness is a smart way to expand the business exponentially with less effort.
Apps like Uber Market Forecast
It has been expected that post-pandemic, the rideshare market is going to see a spike of around 16.6% of CAGR by 2026. The market is valued at around $ 85.8 billion in 2021 and is expected to reach $185.1 billion by 2026. This stat gives a clear picture of the TAM, SAM and SOM for the ride-sharing market.
For businesses who are looking to kickstart their mobility business and evolve the premium revenue stream, the rideshare market is a good option to invest in.
The market window is huge and with the less of competitors available in the market, it is quite easier for the businesses to get started in no time. So, if you are looking to enter the revolutionising market of the mobility industry, think about the ride-sharing industry and its golden opportunities.
Rideshare Apps like Uber – A Brief Overview
There are many popular and interface-friendly rideshare Uber-like apps that are present and can be availed in the market. Known for its strong reliability and comfort, rideshare apps like Uber help the customers as well as the drivers to easily match and plan the same route for the upcoming travel.
Developed in a way to cater for the on-demand needs as well as the flexible convenience of the customers, the rideshare Uber clone apps are designed to help even the first-time users to get along with them.
If you are planning to get started with the ridesharing business model, you should know about the rideshare apps like Uber in detail and how they work.
You can read the article to understand the workflow of rideshare Uber-like apps in the later part of the blog.
Workflow of Rideshare Apps like Uber
Moving ahead, we will be covering the workflow of the rideshare Uber clone app and will try to understand how these apps are becoming an integral part of revolutionising the market for all stakeholders.
To get along with the workflow, it is necessary to know that there are certain variations of rideshare Uber clone apps to different personas. As per the requirements, you can choose either version of the rideshare apps like the Uber-driver app or the customer app.
Get a ride request → get details about the request (the pick-up location and drop location) → know the estimated price/fare → either accept the request or cancel the request → go to the desired location → complete the trip
Find a ride/ vehicle for ride-sharing → get an estimated ETA → check for the estimated price → get fare breakup → place a request → get the vehicle and driver details → get the ride
The rideshare apps like Uber are here to stay. They are meant to ease the functionality and utility of the rideshare apps.
Reasons Why Rideshare Apps like Uber are Creating the Buzz!
In this section, we are going to cover the top and popular reasons why apps like Uber. Let us walk through the best of the reasons why rideshare Uber-like apps are becoming famous day by day.
1) Cost-effective solution
As compared to other on-demand mobility options available in the market, ride-share apps like Uber are a fair solution that helps in saving a lot in terms of cost. The easy to build apps can be used by anyone.
3) Simple interface
So, another big thing that makes rideshare apps like Uber so popular in the market is their interface. Similar to Uber, rideshare Uber clone apps can be conveniently used by anyone. Even first time users can easily use the app without much intervention.
This can be one of the important aspects to make sure you can retain and sustain your customers with a high profitability rate. Even the seamless integration makes it easier for all to use the app.
3) Widely accepted by all
As Uber has become a household name in the market, people are open to accepting and accessing the apps with great convenience. This is why it is easier for rideshare apps like Uber to be used with ease. Almost every next customer who owns a smartphone knows how they can use the rideshare Uber clone app.
So, we can easily interpret that it can be widely accepted by all and that too with great comfort and convenience. This is one of the popular reasons why these apps are becoming so popular in the market.
4) Accurate location enablement
So, when an individual is taking care of a rideshare business model or wants to avail it, the first thing that he thinks of is about the location and its accuracy. The rideshare apps like Uber are known to offer accurate location enablement to the drivers as well as to the customers.
This smart feature not only saves a huge time but also helps in saving over the extra miles covered. Hence, people are admiring the presence of the rideshare Uber clone app which enables the location feature with great ease.
5) Simplified payment channels
Among all the possible favourite reasons to make rideshare Uber clone apps popular, the one in the presence of the simplified payment channels. Those who have used the on-demand ride-hailing services must be knowing how tough it could become to run or chase for pondering changes after every successful ride completion.
These uber-like apps that cover the rideshare vertical are known to offer multiple payment channels with great ease. This makes it easier and more convenient for the businesses as well as the customers to initiate the payment without much hassles and struggles. This can be done easily.
Choosing the right technology
We all know that Uber has gained popularity in no time. Due to its high reliability and happy space for both – customers and drivers, it is going to make a high impact in today’s world.
Jugnoo is a renowned name in the tech industry that offers cloud-based suites to meet end to end requirements of planning, executing and launching the business within a less span of time.