With the advent of technology, the on-demand ecosystem has seen a sudden boom. One category of this on-demand ecosystem is ride-sharing. If we go with a survey, the global ride-sharing market is expected to reach 332.50 billion USD in 2023 and 378.80 billion USD by 2027 with an annual growth rate of 3.31% (CAGR 2023-2027). Apart from this, the number of users is estimated to hit a whopping 1,452.8 million by 2027.
So if you are planning to develop a ride-sharing or ride-hailing app like Uber, Lyft, or Gett, you are on the right track. But developing these types of apps demands a huge budget. So proceeding without having a clear-cut cost estimation can cost you more.
Well, to help you out, this blog is going to take you on a journey where you will get an estimated cost to develop a ride-sharing or carpooling app like Uber or Lyft.
