The latest survey on Hyperlocal Services Market is conducted to provide hidden gems performance analysis of Hyperlocal Services to better demonstrate competitive environment. The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end-use applications. The report bridges the historical data from 2019 to 2023 and forecasted till 2030. The outbreak of the latest scenario in Hyperlocal Services market has made companies uncertain about their future outlook as the disturbance in the value chain has made a serious economic slump. Some are the key & emerging players that are part of the coverage and profiled in the study are Uber (United States), Lyft (United States), DoorDash (United States), Grubhub (United States), Instacart (United States), Postmates (United States), Deliveroo (United Kingdom), Glovo (Spain), Swiggy (India), Zomato (India), Gojek (Indonesia), Just Eat (United Kingdom), Seamless (United States), TaskRabbit (United States), Thumbtack (United States), Rappi (Colombia), Dunzo (India), UrbanClap (India), Grab (Singapore)
According to HTF Market Intelligence, the Global Hyperlocal Services Market is expected to see a growth rate of 11.5% from 2023 to 2030.
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Hyperlocal Services Market Overview
Hyperlocal services refer to on-demand services that are provided to customers within a very specific geographical area, often within a neighborhood or a small radius around a particular location. These services are typically facilitated through mobile apps or online platforms that connect service providers with customers in real-time.
Market Trends
Integration of AI and big data optimizes service delivery and operational efficiency in hyperlocal services.
IoT and blockchain technologies enhance real-time asset monitoring, security, and transaction transparency.
Market Drivers
Increased smartphone penetration and internet access fuel demand for hyperlocal services convenience.
Urban population growth and fast-paced lifestyles drive demand for rapid delivery and service efficiency.
Market Opportunities:
Expansion into rural areas offers growth potential by catering to underserved communities.
Diversification into healthcare, education, and sustainable delivery options broadens market reach and enhances service offerings.
Hyperlocal Services Market Segmentation
Market Analysis by Types: Food Delivery, Grocery Delivery, Repair Services, Beauty and Wellness Services, Others
Market Analysis by Applications: Mobile Apps, Websites, Phone Call Services
Market Leaders & Development Strategies:
On 14th October 2023, Zomato introduced a hyperlocal delivery service called ‘Xtreme‘. This service aims to leverage the extensive fleet of over 3 lakh two-wheeler delivery executives that Zomato has at its disposal. Xtreme is designed to cater to the needs of both small and large businesses for the intracity delivery of small packages. The service has already been rolled out in nearly 750-800 cities where Zomato provides food delivery and is accessible via a separate app.
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Important Features that are under offering & key highlights of the Hyperlocal Services market report:
1. Why lots of Key players are not profiled in the Study?
–> The market study is surveyed by collecting data from various companies from Hyperlocal Services industry, and the base for coverage is NAICS standards. However, the study is not limited to profiling only a few companies; connect with sales executives to get a customized list. The standard version of the research report is listed with players like Uber (United States), Lyft (United States), DoorDash (United States), Grubhub (United States), Instacart (United States), Postmates (United States), Deliveroo (United Kingdom), Glovo (Spain), Swiggy (India), Zomato (India), Gojek (Indonesia), Just Eat (United Kingdom), Seamless (United States), TaskRabbit (United States), Thumbtack (United States), Rappi (Colombia), Dunzo (India), UrbanClap (India), Grab (Singapore)
2. Does the Scope of the Market Study allow further Segmentation?
—> Yes, for a deep dive analysis add-on segmentation is applicable in a premium customized version of the report to better derive market values. The standard version of this report covers segmentation by Application [Mobile Apps, Websites, Phone Call Services ], by Type [Food Delivery, Grocery Delivery, Repair Services, Beauty and Wellness Services, Others], and by regions [In North America, In Latin America, Europe, The Asia-pacific, Middle East and Africa (MEA), What are the main countries covered , The United States, Canada, Germany, France, UK, Italy, Russia, China, Japan, Korea, Southeast Asia, India, Australia, Brazil, Mexico, Argentina, Chile, Colombia, Egypt, Saudi Arabia, United Arab Emirates, Nigeria & South Africa]
3. What level of granularity would the Country landscape cover?
—> In the premium version of the report, two-level of regional segmentations allow user to have access to a country-level break-up of market Size by revenue and volume*
* Wherever applicable
4. Does the Study also provide insights into macroeconomic factors?
—> Yes, the study also includes market factor analysis that includes macroeconomic factors, the inflationary cycle and its impact, and Russia-Ukraine war analysis and its effect on the value/supply chain.
HTF MI provides customized studies specific to regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt, and South Africa.
• Europe: the United Kingdom, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, Australia, etc.
Reasons to Buy
- Stay tuned with the latest and Hyperlocal Services market research findings
- Identify segments with hidden growth potential for investment in Hyperlocal Services
- Benchmark performance against key competitors
- Utilize the relationships between key data sets for superior strategizing.
- Facilitate decision-making based on historic and forecast trends of Hyperlocal Services market
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
- Gain a global perspective on the development of the Hyperlocal Services market
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Thanks for reading Hyperlocal Services research article; you can also get individual chapter-wise sections or region-wise report versions like LATAM, North America, MENA, Southeast Asia, Europe, APAC or Country Specific reports such as Japan, United Kingdom, United States or China, etc
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