How Much It Cost to Develop a Bike Sharing App like Mobike

Going back to the memory lane, it was always a happy sight to watch people ride a bike for short trips around the city. Enjoying little sights and observing what is going on and enjoying the hustles. However, with a fast life, the honks of myriad cars replaced that altogether. But as they say, few things are eternal and can never be replaced, so are our favorite bike rides. Those same fun old days are back.
Yes!!! 

So after tax-hailing & car-sharing, now it’s time for bike-sharing mobile apps.
This newly-introduced service gained the instant attention of the crowd, who are gung-ho about the ease and affordability it offers. People love this new means of transportation by easily renting a bike. This trend of riding a bike for nearby work trips and other short trips around the city are catching prominence everywhere from small cities to metropolitan cities.

Why Do Bike Sharing App Development Gaining Prominence?

One significant reason for the popularity of bike sharing app development is the ease-of-coming up with feature ladened application that earns well. It gets as easy as it can with this service. All the users have to do is simply park the bike at the location where the ride ends. Other common reasons behind the constant rise and adoption of bike-sharing services are:

• Affordable Rates 

Cost-effective feature and strategic price points greatly contribute to the success of this service. Using bikes over carpool makes it easier for people to commute at reasonable rates.

• Premium Bikes

This category of bikes requires low maintenance as well as they are designed specifically to prevent theft while satisfying users’ needs quite well. Bike sharing app solution makes it easier for people to save.

• User-Friendly

Users like the Automation feature along with easy-or-no mandatory registration. It is significant to notice that bikes are easier to drive and do not need a lot of training like for cars and other vehicles.

• Third-Party Integration 

There are several integrations into a single entity, such as information systems, operations, payment modes & infrastructure. With interesting features added to your application, it becomes easier for the users to use it.

• Strong Network 

An extensive & well-connected network of bikes & stations further boost user engagement. Our bike sharing app development company adds all the pickup and drop points to make it easier for the users to commute.

• Support of Local Authorities 

One great reason for the success of this service is the support of local authorities when they engaged in the usage of public funds, public land, and government agencies. Since the bikes are eco-friendly alternative they have local support too.

There are a lot more reasons to have a bike sharing software than these. If you are looking forward to entering the market with such app, hire on-demand mobile app development team and focus on your core business.

Mobile Apps Cashing into Trend of Smart Bike Sharing App Solution

What further adds to the charm of this service is the comprehensive involvement of mobile apps. After all, mobile apps have made its presence felt in every phenomenon of our everyday lives, be it a beauty service app, food delivery app, or cab-booking app. Hence, it’s not surprising to see a strong rise in the usage of bike sharing apps & services around the globe.

How easy it works? Booking or renting a bike from your smartphone is pretty easy, as the job is done with just a few taps into the bike-sharing app installed on the device. The reason why people find this smart bike sharing app solution endearing is owing to the convenience and affordability it offers.

Related Blog: E-Scooter App Development like Lime, Nextbike, Spin & Bird – Cost and Key Features

Statistics in the Arena of Bike-Sharing

The trend of bike-sharing is hugely prominent in the present times. Like, we have Uber acquiring bike-sharing startup Jump and added the firm’s fleet of around 12,000 dock-less electric two-wheelers to its list of transportation aids. Evidently, Uber is trying its best to cash into this growing trend of bike-sharing, which is now gaining prominence in more and more cities. The latest report says, in the last few years, the immense rise has been noticed in the bike-sharing service.

 

In fact, the total number of public-usage bikes noticed tremendous growth since the year 2014, where the number of public-usage bikes was just 700,000. Then by 2016, this number tripled over to 218.2 million.

Speaking in terms of countries, China was the one to register significant growth, which had around 430 public-usage bike programs running in 2016. Hence, it is clear that the bike-sharing economy is going great guns all across the world.

Bike rental mobile app development team estimates the global bike-sharing service market is to be 935.2 million US Dollars by 2023 from 581.9 million US Dollars in the year 2020.

These numbers are the clear evidence of the fact that we are heading to an interesting and super motivated future that too with a small change in our daily life practice.

Significance of e-Bike Sharing Mobile App

When we talk about the features of e bike sharing mobile app it becomes quite significant that they make your application stand out of the crowd. If you are looking for some path breaking solutions then you need to hire mobile app development team that can help you ace the game in the market.

 

Easy Availability

When one considers creating a bike-sharing mobile app as successful as Mobike & Ofo, they must keep in mind the main features these apps offer like it enables people to easily find bikes anywhere, anytime. Hence, this is a must-have feature for a bike-sharing mobile app and ensures to keep it really easy so the riders don’t face any kind of difficulty as they look for a nearby e-bike. Bike-sharing mobile apps have this bike tracking feature, where the GPS location of the rider can be tracked via the app. This, enable other people to find a bike anytime. While developing a bike-sharing mobile app, ensure to not miss out on this feature.

Use a QR Code to Unlock Bike

Another feature important for a bike-sharing mobile app development team is to enable the users to unlock bikes by simply scanning a QR code. Thus, just a few seconds and the user is ready to ride the bike. On the mobile app, the user needs tapping the “unlock” button & then scan QR code and this will automatically unlock the bike. Ensure to keep this feature really simple so users don’t face any difficulty to unlock the bike and they can easily hop on the bike to explore the nearby areas, like going to a mall or for a movie or maybe home or office.

Provide the Book-in-Advance Feature

Again a crucial feature of the bike-sharing mobile app. Ensure that your users are able to book the bike in advance. This way they don’t require waiting as they have to ride to the office to way back home. By booking in advance, the customers can ensure that they’re not arriving late at their destination; hence this is a really crucial feature for areas, where bikes tend to be booked heavily during the morning or the evening time. When the users find this convenience, they will be more likely to book with you only, next time as well.

Multiple Payment Option

It is really important for a bike-sharing app to offer a feature that enables users to easily after once their trip comes to an end. Ensure to keep this feature really easy and simple for the users, as this way riders will be able to make payments with just a few taps on their mobile screen. At the same time, take care of the security of the users’ data, such as debit/credit card details, and also the discount deal or a promo code should be applied automatically in the total cost. No wonder which city/country you are developing a mobile app for, make the payment feature easy for the customers in order to provide a user-friendly experience.

Read Also: Car Parking Finder App Development Cost & Features

Provide Trip-Details

This is a crucial feature of a bike-sharing mobile app, where it enables its customers to fetch their trip details travelled via the bike. This feature offers a detailed look at the trip in map-view so that users get an idea of where they began their journey, and which areas they travelled through. Hence, this way the user gets to track their entire journey.

Lock Bike via Bike Number

Once the bike details have been gathered, next it’s time to lock that bike and park it at a safe location where it’s allowed. In order to lock the bike manually at the end of the trip, you require using a bike number in the mobile app. This way, loving the bike is very much easy and riders don’t face any kind of hassle while they park and lock the bike.

Offer Friendly Customer Support

This is yet another crucial feature for a bike-sharing app, as it allows the app users to get directly in touch with the service provider whenever they face any issue while they rent a bike via a mobile app. It works well to offer chat-option in the mobile app, as it enables the riders to get in touch instantly and get the issue resolved. These are the necessary features of a bike-sharing mobile app, now next we will discover the Bike-sharing models.

The bike-sharing mobile application has transformed the way people commute and with so many benefits more and more people are being inclined to use these applications.

What Are the Bike-Sharing Business Models?

When you are sure about bike sharing mobile application then you need to work on the right bike-sharing business model too. It is important that you choose the right business model to earn great revenue.

We share here the most important business models that would make it easier for you to make a choice.

Free-Floating Bike Sharing: Here the service of bike-sharing is restricted to city limits rental, with no fixed pick-up points. Also, the bikes can be picked up or dropped at any point and the payments can be made by the users via phone or mobile app Station-based Bike Sharing: Here the service is restricted to city limits rental and there are designated pick-up points. Also, the bikes can be picked up or returned at specific pickup points. Besides, the payment transactions will be completed at a user-terminal or via an app.

What are the Most popular Bike-Sharing Mobile apps?

Due to the great prominence enjoyed by the bike-sharing mobile apps at the moment, the competition is also cut-throat, with each of the bike-sharing service providers constantly producing more bikes to so to have an upper-hand in this race for market share. As per the research conducted by CrunchBase News in July, it was found that Ofo & Mobike are the leading companies in the market presently, having Bluegogo as the third competitor which trails way behind the pack. Coming to the topmost bike-rental apps, both of the firms went on to add 9 million monthly active users in the last four months alone in the year 2016.

Ofo & Mobike: Coming to Ofo Mobike, well, both of them are the largest and most successful bike-sharing firms in China, and today there are valued at more than $1b & enjoy a secured spot in the list of unicorn companies. As per the recent news coming in, China’s biggest on-demand service provider (including ride-hailing to food delivery) went on to acquire Mobike, which is renowned as China’s largest dockless e-bike company. Meanwhile, for Ofo, well this famous e-bike company operates more than 10m yellow bikes in around 250 cities & 20 countries as in the year 2017. This firm makes use of the mobile app so to unlock bikes, and charges at an hourly rate.

Read Also: Ride-Sharing Mobile App Development Cost & Features

Jump: Since its launch in the year 2013, Jump went on to raise $1.1M seed round funding in its first year itself. With it already starting its e-bike service in Washington D.C., the firm also partnered with renowned company Uber in San Francisco offering an e-motor assisted ride to its users for the next nine months. Today, Jump is an official partner of Uber, allowing the latter to extend further, then remain involved in solely cars. This is certainly a giant step in the transformation of Uber into the multi-model platform.

Citi bikes: With over 750+ service stations of city bikes its a major brand in NewYork and other cities. According to Citibikes the local customers using the ridership over than average of 62000 in the country. The city bike, officially opened with 332 stations and 6000 bikes in May 2013 and now it has a good count of 12000 bikes and uses BIXI-branded technology in between bikes and stations.

What technology Stack Required

Right technology implementation is a must for developing featured rich and a quality bike sharing mobile app. Therefore, for developing robust mobile applications and for making it abreast across the industrial niche, the latest technology development stack is certainly the one that is required to be selected very smartly.

• Push Notifications -Twilio, Push.io
• App Platform – Android, iPhone
• SMS, Voice and Phone Verification-Nexmo, Twilio
• Payments – Braintree & PayPal, Stripe, EWallets
• Database – MongoDB, Hbase, Cassandra, Postgress, Mail Chimp Integration
• Cloud Environment – AWS, Google, Azure
• Realtime Analytics – Hadoop, Spark, BigData, Apache Flink, Cisco, IBM

What Team Structure is Required

To develop a Bike-Sharing Mobile app, you will require a set of professionals, like:

• Project Manager
• Mobile App Developers
• Back-end Developers
• UX UI Designers
• QA/Testers

How Much Does It Cost to Develop a Bike Sharing App like Mobike

Well, the cost of developing a mobile app actually depends on a number of factors, with app complexity, integrated features and chosen Bike-Rental Mobile App Development Company being the most crucial in determining the cost. The development process includes:

• Designing (50-80 hrs)
• API Development (90-120 hrs)
• Admin Panel (130-190 hrs)
• User Panel Development (350-400 hrs/each platform)

This way, a bike-sharing mobile app is certain to cost somewhere around $12000-$15000. However, the cost will increase if you choose to include the more advanced feature in the app.

Wrapping It Up!

Over the years, the joy of biking has been back in the picture thanks to inflation and environmental troubles. If you are looking forward to working on an ebike sharing mobile application all you need to do is hire the right app developers who could help you enter the market with an innovative and high rewarding application.

Our experts in the past have delivered similar applications along with taxi booking and scooter booking applications. Thus you can rely on our industry expertise and experience. With detailed research of your competition, we would bring on the screen solutions that would help you build an identity in the market.