How To Build An App Like Bolt?
Dipti Singhal
May 28, 2024
If you search on Google the most eminent ride-hailing apps, you'll see Uber, Gett, Lyft, Careem, and Bolt on top. However, there is one app that stands out is Bolt. It is quickly gaining prominence in very little time.
Statista depicts that the revenue generated by taxi booking services will experience a steady increase. It will rise to $386,274 million by 2026. By 2026, it is forecasted that 1,665 million people would use the cab booking apps.
These statistics tell you that new ride booking apps will touch the sky in the coming few years. Due to which you can see many startups are thinking of investing in taxi booking mobile app development.
If you also want to build an app like Bolt and follow in the footsteps of other industry owners? You need to quickly read this blog post which helps you know about the process of Bolt app development. It also covers features, costs, and other relevant information.
What Is a Bolt App?
Bolt is an on-demand ride-hailing app that assists users in booking their cabs online. It also lets drivers sign up. Additionally, it uses GPS to plot destinations, arrange routes, and find available taxis. Bolt's competitive advantage stems from its strong focus on safety and equity for both drivers and customers. The best driver may pick you up in moments, and users will have a smooth ride to the destination. Moreover, they may also skip all the traffic and ride one of our top-of-the-line bikes instead.
- In the upcoming years, you will see a significant increase in revenue for the ride-hailing industry in the USA.
- In particular, it is expected that revenue would reach $49.78 billion in 2024.
- In addition, a CAGR of 2.70% is predicted for the market between 2024 and 2028. This resulted in an estimated market value of $55.37 billion by 2028.
- The taxi market size is anticipated to have 97.36 million users by 2028. Also, it declined in user penetration from 26.3% in 2024 to 27.9% by that same year.
- It is projected that the ARPU is worth $0.55k.
Step-by-Step Process To Build An App Like Bolt
The success of your online taxi booking app depends on your ability to build an app like Bolt thoroughly, since there is a lot more work involved than simply developing the app.
Clearly Define Your Niche
First step is to validate your taxi booking app idea with native app development companies. After determining your target market, build an app like Bolt that meets their unique requirements. Tailoring the app to a certain niche will help you gain a devoted audience and differentiate your product. You must do a thorough analysis of the market and rivals in order to gather important insights and to design your demands and ambitions.
Develop an MVP
Before you can build an app like Bolt, you must first create an MVP. At this step, a basic version of the future app is created to see how it will appear overall. Speak with a taxi app development business to make the development process more user-friendly. They are able to provide you with the best options for your needs.
Choose an Appropriate Tech Stack
Now, in order to build an app like Bolt, you also need to select the proper tech stack. The appropriate tech stack is essential to the success of your project. A group of committed mobile app developers can advise you on which option is best for your project.
Hire a Development Team
It is now your responsibility to identify a mobile app development company in usa. Their team and expertise should be able to make your idea a reality. To build an app like Bolt, reputable organizations have a team with years of knowledge providing cutting-edge solutions.
Develop Your Bolt-like App
Now is the right moment to build an app like Bolt. You will receive assistance from your chosen taxi app development company in putting your ideas into practice and creating a Bolt-like taxi booking app. Select a platform that allows you to create your app without learning any code, or one that is low-code. Another choice is to form a development team. Customers should also have complete privacy and confidentiality when using the taxi booking app.
Test Your App
Now that your application has been built it is ready to put it through its tests. Another option is to seek assistance from QA testers with prior experience in this field. They will ensure that everything functions properly by testing the app.
Launch and Promote
Now is the perfect moment to finally publish your app like Bolt on the relevant app store. Create a developer account before submitting your application for approval. After that, you must adhere to the submission guidelines and supply all necessary app details. For speed optimization and bug fixes, time-based mobile app maintenance is also necessary to keep users.
Key Features To Build An App Like Bolt
You will need to think about some features of ride-hailing apps like Bolt like Bolt when you develop a ride-hailing app, but not as much about others. Bolt has added new features that make it safer, easier to use, and cheaper, which sets it apart from other businesses in the same field.
Ride Booking
Booking cabs is what Bolt and, by extension, your app are all about. By letting users plot their route on a digital map, an app like Bolt made it simpler than ever. If they let their phone use location services, the app can also figure out where to bring up.
Service Selection
Users can be assured they get specifically what they require from their ride if they can choose from different services. Bolt gives customers as many choices as possible when they travel, whether they require more places than a regular car can hold or just want a little extra comfort.
Technical Considerations
There are also important technical things you need to think about when you build your own ride-hailing app like Bolt. You'll need to add some important technologies that other companies in this market have already made standard.
Driver Match
The matching of drivers is a complicated but very appealing aspect of taxi apps. Here, the app uses complex technology to connect nearby drivers with customers. It cuts down on the distance that needs to be traveled between them. Customers can get taxis faster, and drivers can plan their paths to use less gas.
Ride Tracking
It only makes sense to keep watching the drivers during the ride, since they are already being tracked to see how far they are from being picked up. This is often a safety feature that makes sure any deviations from the planned route can be looked into quickly. So, you should add a ride tracking feature when you build an app like Bolt. It makes sure passengers are safe and makes it easy to find the car.
Bolt SOS Button
As an added bonus, Bolt has added a "SOS '' button that will quickly notify the business and let you make an urgent call. So, it is a must-have feature that should be added when you build an app like Bolt. It sends help more efficiently if location services are turned on.
GPS Map Integration
You should add map integration to make it easy to use, keep track of, and plan. Google's easy-to-use tool for making dynamic, flat, and location-detecting maps has made this task easier than ever. Even smaller taxi companies that let you book through their apps, like Uber, use maps to help users see what cars are available, how far they are, and where they are right now.
Cross-Platform Support
If you only make your app work on Android or iOS, you might miss out on some users. Any device with a browser and an internet connection can use the online application like Bolt. The more mobile devices your app works on, the more people you can get it to. So, when you build an app like Bolt, you must think about cross-platform app support.
Safety Features
The safety of your user is the most important thing, and that goes for both drivers and customers. With the help of top mobile app development companies, add safety features in your app. Other apps have added some safety measures to make sure their users are safe.
Reviews
When you build an app like Bolt, you should provide a way for both users and drivers to leave reviews. Customers can let riders know about rude or unsafe cars, and drivers can let each other know about riders who might be rude or aggressive. This feature goes both ways and helps keep everyone safe and up to date while traveling.
Top 5 Ride-hailing Apps Like Bolt
If you're interested in exploring the ride-hailing app like Bolt, here are options you might want to consider:
Uber
Uber is a noted cab-hailing app that has gained so much fame. It works in multiple places and countries. Also, it provides services, from basic rides to more luxurious ones to their users.
Lyft
US and a few places in Canada use this essential app to easily get a ride. It has just the same services as Uber. For example, regular rides and group rides.
DiDi
DiDi or Didi Chuxing, is a well-popular taxi-booking app for book rides. It helps users to get around in a number of ways. For instance, calling a taxi, hiding a car, and sharing bikes.
Grab
The ride-hailing app is very acclaimed and has grown a lot in Asia. You should see that it facilitates services like rides in cars or on motorbikes. it even delivers food.
Ola
Ola is a big name in the ride-hailing business. Also, it provides many services like rides in cars, auto rickshaws, and in some cities, bikes.
How Much Does It Cost To Build An App Like Bolt?
When considering the launch of a taxi booking app, startups often have queries swirling in their minds. However, the crucial inquiry is, "What would be the expense of developing an app similar to Bolt?" Is it not? Well, depending on factors like features' intricacy, the location, the cost to build an app like Bolt might vary. It may be somewhere between $10,000 to $30,000 or can exceed. The below mentioned factors affect the Bolt on-demand ride-hailing app development cost:
Features and Intricacy: Development expenses are directly impacted by feature complexity. Real-time tracking, payment integration, and driver-rider communication are just a few of the capabilities available in the Bolt app. The cost to build an app like Bolt and time increase with each feature.
Platform Integration: It is more expensive to develop for several platforms (Android, iOS). Both platforms support Bolt's app, which necessitates different development and testing procedures.
Design and User Experience: Bolt's success can be attributed to its user-friendly interface and seamless experience. While it costs more, investing in design and UX/UI components increases user retention and happiness.
Connectivity with External systems: Bolt has connectivity with payment, messaging, and mapping systems. The entire cost goes up with steps to build an app like Bolt and integration of these services into the app.
Security and Compliance: It takes extra development work and money to ensure user data security and compliance with laws like GDPR and PCI-DSS. These requirements must be met, which will raise Bolt's development costs.
Conclusion!!
If you are familiar with the features, costs, and other details involved in the process to build an app like Bolt, you might be prepared to launch your taxi scheduling app.
Well, you need to hire an on-demand ride-hailing app development company like IMG Global Infotech. We provide robust solutions to help you with the development process and turn your app idea into a profitable app. The developers who work on our mobile apps come up with unique ideas to make apps just for you. Get in touch with us to talk about your app concept and get a free quote.