Press release
Hyperlocal Services Market: The global market is expected to grow at a CAGR of 15.14% during the forecasted period.
The Hyperlocal Services Market is driven by various factors, including the growing demand for fast and convenient services, the rise in smartphone users leading to higher accessibility to online services, and the need for efficient delivery solutions. Additionally, the surge in demand for home utility services like plumbing, house cleaning, lawn care, and electrical services, along with the increasing adoption of hyperlocal services due to the ease of online transactions and the trend of consumer spending for quick and smooth deliveries, are key drivers shaping this market
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Key Highlights:
• The global Hyperlocal Services Market size was valued at USD 1449.6 Million in 2022 growing at a CAGR of 15.14% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Hyperlocal Services Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Hyperlocal Services Market players holding high market shares include Housekeep Limited, Zomato Ltd., AskforTask Inc. and Uber Technologies, Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Housekeep Limited
• Zomato Ltd.
• AskforTask Inc.
• Uber Technologies, Inc.
• Urban Company
• Instacart, Grofers India Private Limited,
• Delivery Hero SE
• Just Eat Takeaway N.V.
• Angi Inc.
Segmental Analysis
Market Segment By Type
• Food Ordering
• Grocery Ordering
• Home Utility Service
• Logistic Service Providers
• Pharmaceuticals
• Pet Food and Medicines
• Clothing and Accessories
• Others
Market Segment By Nature
• Utility Services
• Goods Delivery
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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