Market Overview:
The global hyperlocal service market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food ordering, grocery ordering, and home utility services. In addition, the growing demand for logistics service providers is also contributing to the growth of this market. The Asia Pacific region is expected to witness the highest growth in this market during the forecast period.
Product Definition:
Hyperlocal Service is a service that is delivered to a specific geographic area. It can be used to provide information about local businesses, events, or news. Hyperlocal services are important because they can help people in their local community connect with each other and find out about what is happening in their area.
Food Ordering:
Food ordering is a process where customers place their food orders through mobile applications or websites. The technology helps restaurants to manage the order in real-time and deliver it at the desired location. It also helps them to keep track of each customer’s order and analyze their buying behavior for future improvements.
The major factor driving this market is increasing penetration of smartphones, along with growth in internet usage by consumers across the globe.
Grocery Ordering:
Grocery ordering is a technique where the customers place their orders for grocery products online and the store collects these orders and processes them accordingly. The technology helps in reducing labor costs, inventory costs, order accuracy, and improves customer experience by delivering products as per their requirements. It also helps to reduce overstock which is helpful for retailers as well as consumers.
Application Insights:
The individual users application segment dominated the global hyperlocal service market in 2017. The segment is expected to expand at a CAGR of XX% over the forecast period owing to rising awareness regarding cost-effectiveness and convenience among consumers. Moreover, companies are entering into partnerships with local retailers in order to provide delivery services for online orders placed by consumers from their homes. For instance, Doorstep Delivery, a joint venture between Amazon and Germany based supermarket chain Lidl launched in April 2018 wherein customers can place orders through its app and get them delivered at home for free within two hours only if they have ordered above €50 worth of products together in one go.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing e-commerce sales in U.S., Canada, and Mexico on account of rising penetration of internet users, smartphone adoption, and rapid growth of social media platforms such as Facebook and Twitter among others.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing disposable income levels coupled with growing population especially in China & India among other countries are expected drive regional demand for hyperlocal services over the forecast period from 2018 to 2030 The Middle East & Africa (MEA) region has a large presence of online shoppers due their high internet usage rates along with growing penetration rates for various digital payment methods such as PayPal, Alipay, mobile wallets like iPayment etc.
Growth Factors:
- Increasing demand for hyperlocal services from businesses and consumers
- Proliferation of mobile devices and apps that make it easy to connect with local service providers
- Growth of the sharing economy, which makes it easier for people to find and use hyperlocal services
- Advances in technology that make it easier to identify and connect with local service providers
- Increased focus on sustainability, which is driving demand for more localized services
Scope Of The Report
Report Attributes
Report Details
Report Title
Hyperlocal Service Market Research Report
By Type
Food Ordering, Grocery Ordering, Home Utility Services, Logistics Service Providers
By Application
Individual Users, Commercial Users
By Companies
Delivery Hero AG (Germany), Instacart (U.S.), Uber Technologies Inc. (U.S.), Rocket Internet SE (Germany), Porch (U.S.), Housekeep (UK), Handy (U.S.), Swapbox Inc. (U.S.), Airtasker (Australia), AskForTask (U.S.)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Hyperlocal Service Market Report Segments:
The global Hyperlocal Service market is segmented on the basis of:
Types
Food Ordering, Grocery Ordering, Home Utility Services, Logistics Service Providers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual Users, Commercial Users
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Delivery Hero AG (Germany)
- Instacart (U.S.)
- Uber Technologies Inc. (U.S.)
- Rocket Internet SE (Germany)
- Porch (U.S.)
- Housekeep (UK)
- Handy (U.S.)
- Swapbox Inc. (U.S.)
- Airtasker (Australia)
- AskForTask (U.S.)
Highlights of The Hyperlocal Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Ordering
- Grocery Ordering
- Home Utility Services
- Logistics Service Providers
- By Application:
- Individual Users
- Commercial Users
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hyperlocal Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hyperlocal service is a type of online service that provides local information and services to customers within a certain geographic area. Hyperlocal services can include things like restaurant recommendations, weather forecasts, and local events.
Some of the major companies in the hyperlocal service market are Delivery Hero AG (Germany), Instacart (U.S.), Uber Technologies Inc. (U.S.), Rocket Internet SE (Germany), Porch (U.S.), Housekeep (UK), Handy (U.S.), Swapbox Inc. (U.S.), Airtasker (Australia), AskForTask (U.S.).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hyperlocal Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hyperlocal Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hyperlocal Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hyperlocal Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hyperlocal Service Market Size & Forecast, 2020-2028
4.5.1 Hyperlocal Service Market Size and Y-o-Y Growth
4.5.2 Hyperlocal Service Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Food Ordering
5.2.2 Grocery Ordering
5.2.3 Home Utility Services
5.2.4 Logistics Service Providers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Individual Users
6.2.2 Commercial Users
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hyperlocal Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hyperlocal Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Food Ordering
9.6.2 Grocery Ordering
9.6.3 Home Utility Services
9.6.4 Logistics Service Providers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Individual Users
9.10.2 Commercial Users
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Food Ordering
10.6.2 Grocery Ordering
10.6.3 Home Utility Services
10.6.4 Logistics Service Providers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Individual Users
10.10.2 Commercial Users
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Food Ordering
11.6.2 Grocery Ordering
11.6.3 Home Utility Services
11.6.4 Logistics Service Providers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Individual Users
11.10.2 Commercial Users
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Food Ordering
12.6.2 Grocery Ordering
12.6.3 Home Utility Services
12.6.4 Logistics Service Providers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Individual Users
12.10.2 Commercial Users
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Food Ordering
13.6.2 Grocery Ordering
13.6.3 Home Utility Services
13.6.4 Logistics Service Providers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Individual Users
13.10.2 Commercial Users
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hyperlocal Service Market: Competitive Dashboard
14.2 Global Hyperlocal Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Delivery Hero AG (Germany)
14.3.2 Instacart (U.S.)
14.3.3 Uber Technologies Inc. (U.S.)
14.3.4 Rocket Internet SE (Germany)
14.3.5 Porch (U.S.)
14.3.6 Housekeep (UK)
14.3.7 Handy (U.S.)
14.3.8 Swapbox Inc. (U.S.)
14.3.9 Airtasker (Australia)
14.3.10 AskForTask (U.S.)
