Hyperlocal services are services availed by consumers located within a well-defined geographical area (within the presence of service providers).
Portland, OR -- (SBWIRE) -- 09/21/2017 -- The global hyperlocal service is driven by increase in adoption of online shopping owing to rise in penetration of smartphones across the developing regions, increased logistic demand, and interest of investors in the hyperlocal e-commerce segment. The market is highly unorganized with numerous small localized players, which restrains the market. In addition, growth in consumer preference for premium services and brands, and penetration of the hyperlocal services even in remote areas are expected to drive the market.
Services provided by hyperlocal service providers include online delivery of food from restaurants, hotels, and other food outlets; online delivery of grocery; online logistics services; and online home services such as plumbing, carpentry, laundry, electronic repairing, and requests for tutors.
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- Food Ordering
- Grocery Ordering
- Home Utility Services
- Logistics Service Providers
The global hyperlocal service market is segmented on the basis of service type, end user, and geography. The service type segment is divided into food ordering, grocery ordering, home utility services, and logistics service providers. The market based on end user is bifurcated into individual users and commercial users. Geographically, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). The key players operating in the market are 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), and AskForTask (U.S.).
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- Individual Users
- Commercial Users
- North America
o Rest of Europe
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