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Grocery Delivery Software Global Market Report 2024 Market Size, Insights, Growth Demand And Forecast To 2033
"The Business Research Company recently released a comprehensive report on the Global Grocery Delivery Software Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=18379&type=smp
According to The Business Research Company's, The grocery delivery software market size has grown exponentially in recent years. It will grow from $3.91 billion in 2023 to $4.70 billion in 2024 at a compound annual growth rate (CAGR) of 20.2%. The growth in the historic period can be attributed to the rapid expansion of e-commerce platforms, consumer convenience, urbanization, improvements in logistics, and digital payment solutions.
The grocery delivery software market size is expected to see exponential growth in the next few years. It will grow to $9.85 billion in 2028 at a compound annual growth rate (CAGR) of 20.3%. The growth in the forecast period can be attributed to user-friendly mobile apps, discounts, loyalty programs, and competitive pricing, disposable income levels, increased investment in grocery delivery startups, and changing lifestyles. Major trends in the forecast period include customer experience enhancement, contactless delivery solutions, subscription and membership programs, hyperlocal delivery networks, and health-conscious options.
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Market Drivers and Trends:
Growing demand for e-commerce platforms is expected to propel the growth of the grocery delivery software market going forward. E-commerce platforms refer to digital frameworks or software solutions that facilitate the buying and selling of goods and services online. Demand for e-commerce platforms is rising due to several reasons, such as convenience, wider selection, price comparison, and personalization. E-commerce utilizes grocery delivery software to enable seamless online shopping experiences, automate order fulfillment, and optimize delivery logistics for customers. For instance, in November 2023, according to the International Trade Administration, a US-based government agency, e-commerce revenues in the UK were projected to grow at an average annual rate of 12.6% by 2025. As of January 2021, consumer e-commerce represented 36.3% of the total retail market in the UK, with revenue expected to reach $285.60 billion by 2025. Therefore, the growing demand for e-commerce platforms is driving the growth of the grocery delivery software market.
Major companies operating in the grocery delivery software market are focusing on developing innovative solutions, such as online grocery platforms, to enhance customer convenience and streamline the delivery process. Online grocery platforms refer to digital marketplaces that allow consumers to browse, select, and purchase groceries via websites or mobile apps. For instance, in March 2024, Instacart, a US-based retail company, launched the Instacart Developer Platform (IDP), a publicly accessible API program that allows third-party developers to integrate Instacart's online grocery platform into their websites and apps. This initiative enables the creation of comprehensive food, wellness, and lifestyle experiences that can deliver tangible products to customers. The IDP offers developers access to Instacart's catalog, search, cart-building, and fulfillment tools, facilitating the development of connected experiences across meal planning, nutrition, cooking, health, beauty, travel, and more. This allows discovery-focused apps to evolve into full-service platforms that deliver physical goods to users.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Maplebear Inc., Talabat.com, Grubhub Inc., Peapod Digital Labs, DispatchTrack Inc., Apptunix, Cleveroad, Onfleet Inc., Instashop LLC, Etail Group Inc., Grobino Inc., Growcer Pvt. Ltd., Routific Inc., ShopurGrocery Pvt. Ltd., Yelowsoft Inc., Dinarys, Addevice, Shipday Inc., DeOnDe Inc., DoorDash Inc., Ordefy Pvt. Ltd., Wave Grocery Inc.
Grocery Delivery Software Market 2024 Key Insights:
• The grocery delivery software market size is expected to see exponential growth in the next few years. It will grow to $9.85 billion in 2028 at a compound annual growth rate (CAGR) of 20.3%.
• E-commerce Platforms Propel Growth Of The Grocery Delivery Software Market
• Innovations In Grocery Delivery Software Enhanced Market Growth
• Asia-Pacific was the largest region in the grocery delivery software market in 2023
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Email: info@tbrc.info
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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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