Food Delivery Mobile Application Market to Reach $16,605 Million by 2023 - Comprehensive Analysis of Dominating Market Players Such as Apple Inc.,CA Inc, Cognizant, Google Inc., IBM Corporation, Mendix, Microsoft Corporation, Red Hat Inc., SAP SE, Zoho Co

The global food delivery mobile application market size was valued at $3,120 million in 2016, and is projected to reach $16,605 million by 2023, growing at a CAGR of 27.9% from 2017 to 2023.iOS deployment platform is expected to witness highest growth rate during the forecast period owing to rise in standards of living in the developing countries, increase in expenditure on luxury smartphones, and technological advancements in the design and features of iOS. Android deployment platform contributed the largest share of revenue in the global food delivery mobile application market and is expected to witness second highest growth rate during the forecast period owing to its easy accessibility, open-source platform, and deployment in large portion of smartphone brands.

Get Sample Report: https://www.alliedmarketresearch.com/request-sample/2212

The Android market in deployment platform segment is on high demand in food delivery mobile application market, due to rise in number of food delivery application developments on Android and increase in number of Android users among the younger generation across several regions including Asia-Pacific and Latin America. Moreover, the Android platform provides user friendly approach, technological advancements in the design, operation, and flexibility, which in turn augments the Android food delivery mobile application market growth.

Asia-Pacific was the largest market in food delivery mobile application industry for 2016 owing to increase in adoption of smartphones with Internet connectivity and change in preferences by the end users for improved food delivery models. Developing countries including China and South Korea are creating potential space for market development at a great pace. For instance, in South Korea top food delivery mobile apps such as Baedal Minjok, Yogiyo, and Baedal Tong deliver millions of users every month through their mobile applications. In addition, industry participants have realized the importance of strengthening the overall food delivery mobile application to ensure competence and effectiveness of the mobile apps in several other emerging markets such as Latin America, the Middle East, and Africa.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2212

The surge in ICT spending, rise in usage of personal computers, laptops, mobile phones, and other devices, increase in broadband subscriptions worldwide, and adequate infrastructure development fuels the growth in digitization. The prominent markets, such as Asia-Pacific and Europe provide growth in infrastructure development, high adoption of Internet of Things (IoT) technology, growth in literacy rate, and high youth population, which in turn are anticipated to fuel the market growth in the coming years.

Based on the geography, the food delivery mobile application market is studied across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor in 2016, accounting for around 49.0% share of the overall food delivery mobile application market size. The market is projected to grow at the highest CAGR of 29.8% during the forecast period, driven by rise in adoption of advanced connected devices and surge in internet connectivity.

The report features a competitive scenario of the food delivery mobile application market and provides comprehensive analysis of key growth strategies adopted by major players. Key players profiled in the study are Apple Inc., CA, Inc., Cognizant, Google Inc., IBM Corporation, Mendix, Microsoft Corporation, Red Hat, Inc., SAP SE, and Zoho Corporation Pvt. Ltd. All these players are involved in the competitive strategies, such as geographical expansion, mergers & acquisitions, product portfolio expansion, and partnership to augment the growth of the food delivery mobile application market.

Speak with Analyst: https://www.alliedmarketresearch.com/connect-to-analyst/2212

Table of Content

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
1.4.4. Market segmentation

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top winning strategies
3.2.2. Top investment pockets
3.2.3. Top impacting factors

3.3. PORTERS FIVE FORCES

3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Degree of competition
3.3.4. Threat of new entrants
3.3.5. Threat of substitute

3.4. MARKET PLAYER POSITIONING
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. High Internet penetration
3.5.1.2. Growing use of smartphones
3.5.1.3. Rising standards of living in developing countries

3.5.2. Restraints

3.5.2.1. Lack of high speed connectivity in developing and underdeveloped regions
3.5.2.2. Uncertainty of enterprises in developing their own applications

3.5.3. Opportunities

3.5.3.1. Growing investment on digitalization
3.5.3.2. Growing alliances and collaborations of various restaurants with the application developers

For Full Toc visit: https://www.alliedmarketresearch.com/food-delivery-mobile-application-market

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.