The sharing economy will grow because millennials and generation Z are relying not on ownership, but on use.

European consulting company Juniper Research notes that the global sharing economy in 2017 reached $ 18.2 billion, and is forecast to double its current market value by 2022, reaching over $ 40 billion (of which 50% will America, Eastern Europe is projected at about 5%).

The common features of a sharing business are the following:

  • Fully automated online service, processes require no maintenance.
  • Crowdfunding rating system: user ratings and reviews are collected, processed, affect the final rating of service providers.
  • Payment for the result.
  • User content, feedback from users, general access to information.
  • Market prices due to extremely low cost.
McKinsey experts predict that by 2025 half of the global economy will be involved in sharing patterns. According to PricewaterhouseCoopers (PwC), the growth potential of the sharing economy is much higher than the current one: the industry can grow to $ 335 billion by 2025 due to five key sectors: traveling, driving apps like Uber, finance, HR, and streaming music and video.

Taxi app development

The striking examples of the sharing economy success are the driving apps like uber, including American Lyft, French BlaBlaCar, Indian Ola and others, which, according to Juniper Research, will bring 47% of the total revenue of the sharing economy to 2022.

Creating a service website like Uber is considered quite an expensive and time-consuming task. So people search for information “how to create an app like Uber” and web designers receive a lot of requests for a taxi app development.

But what is better - to build an Uber app from scratch or to use a ready-made solution?

The developers can code very slowly, with lots of defects, so you will have to review and correct tasks.

Often while developing driving apps like Uber, new features can be invented by the client. But they can hardly be implemented in the already created architecture. It is ok if there are time and money for this, but it happens that the client is keen on the process to build an Uber app and can spend most of the budget on things that are not really needed to start the service marketplace. And then he may simply not have enough money for marketing and attracting drivers or other service providers and customers, and this is also an important part of the business.

The cost of taxi app development can vary greatly depending on the direction of the business and the necessary functionality, so you cannot give an exact budget for the result.

A turnkey solution can save your time and money if your choice is right.

Most out-of-the-box solutions have lots of necessary features to build an Uber app.

How to create an app like Uber with CS-Cart Multi-Vendor?

First of all, CS-Cart Multi-Vendor is a ready-made solution without any current fees. It means you pay only once for the CS-Cart license.

The main features of the CS-Cart taxi app builder are:

  • Powerful catalog management.
  • Bulk product editing.
  • Vendor locations function.
  • Customer-to-vendor communication.
  • Call requests.
  • Comments and reviews.
More than that CS-Cart Multi-Vendor is fully customizable: the source is open. Besides, there are tons of add-ons created by the CS-Cart authorized developers. Many of them are free.

Also, after purchase, you will get 90 days of free technical support and you'll be able to get assistance any time after these initial 90 days. Cs-Cart support team will help you set up your Uber app, maintain it, and upgrade it.

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