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Hyperlocal Services Market is Estimated to Reach USD 5,551.71 Billion By 2030: Cognitive Market Research
Hyperlocal Services Market is Estimated to Reach USD 5,551.71 Billion By 2030: Cognitive Market Research
- Hyperlocal services are online business models, which provide various products and facilities on the platforms of smartphones with GPS technology. Hyperlocal services provide delivery of goods and utility services to consumers, goods delivery including groceries, food, medicines, personal items, and others. In addition, the utility services include plumbing, home cleaning, lawn care, electrical, and drainage. These services industry platforms help restaurants, hotels, fast food outlets, fruit or vegetable, seafood, meat, and other retailers to effectively engage & manage their business without disturbing delivery.
Summary:
• Global Hyperlocal Services Market Size Was Valued at USD 1,484.82 Billion In 2022 And Is Expected to Grow at A CAGR Of 13.41 % During the Forecast Period, Reaching USD 5,551.71 Billion By 2030.
• Based on type, the home utility services segment has the largest revenue share in the hyperlocal services market.
• Based on nature, the goods delivery segment has the largest revenue share in the hyperlocal services market.
• North America has the largest revenue share in the hyperlocal services market.
To know more The Hyperlocal Services Market statistics click here: https://www.cognitivemarketresearch.com/hyperlocal-services-market-report
Market Dynamics:
- Increasing the use of smartphones and funding for the start-ups through government is the key factor expected to drive the growth of the hyperlocal services market. Furthermore, increasing smartphone penetration and internet users are expected to create growth opportunities for the global hyperlocal services market. However, a lack of trust in online purchasing and limited digital infrastructure may restrict the growth of the hyperlocal services market.
Market Segmentation:
- Type:
• Food Ordering
• Grocery Ordering
• Home Utility Service
• Logistic Service Providers
• Pharmaceuticals
• Pet Food and Medicines
• Clothing and Accessories
• Others
Based on type, the home utility services segment has the largest revenue share in the hyperlocal services market. This is due to innovations in providing home services and user-friendly experiences that are anticipated to drive the growth of the home utility services segment.
- Nature:
• Utility Services
• Goods Delivery
Based on nature, the goods delivery segment has the largest revenue share in the hyperlocal services market. This is due to increasing efficiency in payment gateways, secure & safe delivery, and improved and eco-friendly packaging expected to drive the growth of this segment.
- Competitive Analysis for Hyperlocal Services Market: Airtasker, Alfred Club, ANI Technologies, AskForTask, CLEANLY, Code.org, Delivery Hero, Estately, Foodpanda, Google, Groupon, Handy, HomeFinder.com, Ibibogroup, Instacart, Laurel & Wolf, MAKEMYTRIP, MentorMob, MyClean, Nextag, Paintzen, PriceGrabber
Get free sample pages of latest published Hyperlocal Services Market Report: https://www.cognitivemarketresearch.com/hyperlocal-services-market-report
- North America accounted for the largest share of the hyperlocal services market
North America has the largest revenue share in the hyperlocal services market. This is due to the increasing adoption of advanced technology in daily life is the major factor anticipated to drive the growth of the hyperlocal services market in the region.
News:
- FarEye has announced a partnership with Microsoft Cloud for the retail ecosystem to advance end-to-end commerce experience
In January 2022, FarEye has announced a partnership with Microsoft as an Amplification in Microsoft Cloud for Retail. The collaboration empowers and transforms retailers to orchestrate, track, and optimize the movement of goods, enabling enterprises to lower logistics costs while meeting the needs of end consumers.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Hyperlocal Services Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Hyperlocal Services Market Segmentation
1.5.1 Hyperlocal Services Market Regional Fragmentation
1.5.1 Hyperlocal Services Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Hyperlocal Services Market
• 3.1 Global Hyperlocal Services Market Size 2018 - 2030, (USD Million)
• 3.2 Global Hyperlocal Services Market Statistics 2022: Snapshot
Chapter 4 Global Hyperlocal Services Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Hyperlocal Services Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Hyperlocal Services Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Hyperlocal Services Market by Nature Segmentation Analysis (2018-2030)
Chapter 11 Global Hyperlocal Services Market Regional Analysis
Chapter 12 North America Hyperlocal Services Market Outlook (2018 - 2030)
Chapter 13 Europe Hyperlocal Services Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Hyperlocal Services Market Outlook (2018 - 2030)
Chapter 15 Latin America Hyperlocal Services Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Hyperlocal Services Market Outlook (2018 - 2030)
Chapter 17 Research Findings
To know more Hyperlocal Services Market TOC click here: https://www.cognitivemarketresearch.com/hyperlocal-services-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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