How much it costs to develop a real-time public transit companion like Transit App?

How many times have you been through one of these situations – you missed your bus and will now miss your train! Or you found unexpected traffic on your way to office for an important meeting and when you reach the bus stop, but the bus is so crowded that you cannot board it.

We all have experienced how frustrating it can get, right?

Here is the problem – most of the cities in the world have a deeply established public transport system. Yet, the service of this very system is not very consistent. Thus, the planning required to be on time with the help of public transportation becomes more than meticulous – it becomes tiring, and yet, there is no assurance that you will reach on time. So, what do you do? Simple – use the Transit App. This public transit (travel) companion in the form of a real-time public transit data aggregator and provider, is a blessing to millions app users.

Public Transit Market in Numbers

The figures of this market are huge and they pose the exact opportunity required for disruption as well as value addition.

Global Public Transit/ Transportation market estimated to be worth $500 billion in 2017

10 largest train companies have a combined worth of $440 billion, as of June 2018

Public expenditure on transport in UK for the year 2016/17 was at GBP 29.6 billion

The total value of urban transit infrastructure projects globally is worth $124.7 billion

About Transit App

Transit was launched in 2012 as a simple solution to get instantaneous data on public transit systems worldwide. In its 6 years of operations, Transit has been able to 125+ metro areas worldwide, providing real time data on arrival and departure of several public transport systems at a time.

The key differentiator which gives Transit an edge over options like Google Maps is its power to automatically provide data on nearby public transit options and to provide adaptive plans for your entire journey. Here is what that means

Business Model for Public Transit App

The business model of public transit app Transit is not linear. The value of such utility apps comes from the number of users and their interaction with the app.

Subscription/ Membership: for the app users with in-app purchase
3rd Party Add Display: leveraging all the engagement by placing ads
Commission: Other API vendor will give you commission for each ride booked

Looking to develop your own app like Transit?

Transit has beaten Google and other such services in markets like Canada. Although Transit is available in over 135 cities, it still has a long way to go. The best way to proceed for someone willing to run a business like Transit would be through increased focus on localization and brand partnerships.

We can help you develop your own version of Transit like commuting app with value added services.

The cost of developing an app like Transit would be in the bracket of CAD 30000 to CAD 40000. Here is a detailed breakdown of the costs as per the features we can help you add to your app.

Features and Estimations for your own version of Transit app

App Users	User Application	Admin
Features	Sign Up/Login	Login
	Trip Planning	Manage Trips
	Track Vehicles	Manage drivers
	Push Notifications	Manage Booking
	Schedules	Manage Payments
	Nearby Vehicles	Reports
	Book Vehicles	User Management
	Customize favourite stops	Manage Vehicle Schedule
	Notify Upcoming Stops/Stations
Cost of Public Transit Companion	CAD 30000 to CAD 40000 for Android + iOS + Web Admin

Add-on Features

Add-on	User Application	Admin
Features	Navigation System	Manage Routes
	Departure Alarm	Manage Stops/Stations
	View Nearby Routes	Complaint Management
	Register Complaint

Innovative Features we can help you integrated in your Transit App

Machine Learning Algorithm

We can help you integrate a machine learning algorithm right into the processing of your app. This algorithm will go through the routes in real time and suggest the fastest possible routes for users as they see the instantaneous timings on the screens.

Data Analytics Dashboard

With the help of this dashboard, you will be able to see the detailed journeys of your daily commuters. This will help you garner insights on their routes, durations and preferred commuting systems which will eventually help the app suggest better routes to your users.