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Hyperlocal services are those services that are provided within the limited geographic area wherein sellers can deliver product or service in minimum time period. Hyperlocal services comprise delivery of goods and services; for instance, delivery of goods includes food, grocery, drugs, furniture, electronic items. The special characteristic of the hyperlocal service model is that entire supply chain is located pretty close to the buyer as well as seller.
LPI (LP Information)' newest research report, the "Hyperlocal Service Industry Forecast" looks at past sales and reviews total world Hyperlocal Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Hyperlocal Service sales for 2023 through 2029. With Hyperlocal Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hyperlocal Service industry.
This Insight Report provides a comprehensive analysis of the global Hyperlocal Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hyperlocal Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hyperlocal Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hyperlocal Service and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hyperlocal Service.
The global Hyperlocal Service market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Hyperlocal Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Hyperlocal Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Hyperlocal Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Hyperlocal Service players cover Delivery Hero AG (Germany), Instacart (U.S.), Uber Technologies Inc. (U.S.), Rocket Internet SE (Germany), Porch (U.S.), Housekeep (UK), Handy (U.S.), Swapbox Inc. (U.S.) and Airtasker (Australia), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Hyperlocal Service market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
- Food Ordering
- Grocery Ordering
- Home Utility Services
- Logistics Service Providers
Segmentation by application
- Individual Users
- Commercial Users
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Delivery Hero AG (Germany)
- Instacart (U.S.)
- Uber Technologies Inc. (U.S.)
- Rocket Internet SE (Germany)
- Porch (U.S.)
- Housekeep (UK)
- Handy (U.S.)
- Swapbox Inc. (U.S.)
- Airtasker (Australia)
- AskForTask (U.S.)