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How Will Food Delivery Mobile App Market Be In The Future

01-07-2019 03:11 PM CET | IT, New Media & Software

Press release from: Allied Market Research

How Will Food Delivery Mobile App Market Be In The Future

The mobile Apps for food delivery are gaining popularity worldwide with more and more people, especially the younger generation opting for mobile apps for online ordering of food. This is because food delivery apps overcome the disadvantages of the traditional queueing system. As per the report published by Allied Market Research, the food delivery mobile App market is likely to garner $16,605 million by 2023, growing at a CAGR of 27.9% from 2017 to 2023.

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They also make ordering food hassle free and simple. Orders are generated without having to explain it to restaurant staff and the food is delivered right at the customer's doorstep without him or her requiring any traveling. The platforms allow you to browse menus from your favorite local restaurants, select what you wish to eat, and submit your order with a click of a button. The payment is usually cashless via a credit or debit card if it's an online delivery or via cash if it's a cash on delivery. The food then gets delivered to your doorstep after some time. Some of the popular online food delivery apps include GrubHub, Uber Eats, Food Panda, Zomato, Swiggy, DoorDash, Seamless, and Postmates.

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The growing use of smartphones, high penetration of internet, and the rise in living standards of consumers in the developing nations drive the growth of the food delivery mobile App market. Moreover, the growing investment in digitalization, as well as the teaming up of different restaurants with the App developers, are reshaping the market.

Dominating Food Delivery Mobile App Market Players Profiled in this Report:

•Apple Inc.
•CA Inc.
•Cognizant
•Google Inc.
•IBM Corporation
•Mendix
•Microsoft Corporation
•Red Hat Inc.
•SAP SE
•Zoho Corporation Pvt. Ltd.

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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.

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