Global Hyperlocal Services
Market Report
2025
As per Cognitive Market Research's latest published report, the Global Hyperlocal Services market size was USD 1,484.82 Billion In 2022 and it is forecasted to reach USD 5,551.71 Billion By 2030. Hyperlocal Services Industry's Compound Annual Growth Rate will be 13.41 from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Hyperlocal Services market size was USD 1,484.82 Billion In 2022 and it is forecasted to reach USD 5,551.71 Billion By 2030. Hyperlocal Services Industry's Compound Annual Growth Rate will be 13.41% from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Hyperlocal Services Market Sales Revenue | 121212 | 121212 | 121212 | 13.41% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Nature |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Hyperlocal Services industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Hyperlocal Services Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
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.
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.
Key Driervs of the Market.
Urbanization and the extensive spread of local businesses raise very high demands for online services. With more individuals relocating to urban areas in pursuit of better lives, demand for easy-to-access services raises even higher. Urban dwellers tend to have hectic schedules, making demands for fast access to goods and services even higher. Hyperlocal services fulfill this need by providing on-demand services, including food delivery, grocery shopping, medicines, and more, which are vital in high-density areas. In addition, the growth of local businesses in cities provides a positive ground for hyperlocal services. Since these businesses want to reach more customers, they tend to collaborate with hyperlocal service providers to make themselves more visible and accessible. This partnership enables local entrepreneurs to compete favorably with multinationals using the advantage of hyperlocal delivery, hence creating demand. For example, in accordance with the World Bank, ~56% of the world's population, or roughly 4.4 billion people, are currently living in urban settlements.
(Source:https://www.worldbank.org/en/topic/urbandevelopment/overview#:~:text=Today%2C%20more%20than%20half%20of,of%20economic%20growth%20and%20development. )
This trend is expected to continue, and the population of urban dwellers is expected to double by 2050. By then, almost 7 out of every 10 people are expected to reside in cities.
Key Opportunity of Market.
Technological innovations, including automation, data gathering, augmented reality, visibility, and Artificial Intelligence (AI), have become unavoidable to adapt to changing requirements from customers and suppliers. These technologies have helped hyperlocal service providers streamline their services and improve customer experience through customized suggestions and streamlined service delivery. Additionally, e-commerce and mobile commerce platforms have increasingly adopted and acquired hyperlocal services for minimizing cost and time of delivery. These online platforms allow consumers to make transactions with service providers easily, providing access to a vast array of offerings including food ordering, grocery shopping, and home repairs. For example, in April 2023, Hindustan Unilever, India's consumer goods major, launched a mobile app that enhances the ability of millions of small-sized retailers nationwide to adopt digitalization.
(Source: - https://www.unilever.com/news/news-search/2023/the-inhouse-developed-app-thats-transforming-a-traditional-sales-model/ )
The app empowers such retailers to make better purchasing decisions, automate everyday activities, and thereby improve the profitability of their enterprises as a whole.
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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.
October 2023 - Zomato introduced Xtreme, a hyperlocal delivery business for small and big merchants, utilizing Shadowfax, Porter, and Load share services for intracity package deliveries.
(Source: - https://economictimes.indiatimes.com/tech/technology/zomato-launches-hyperlocal-delivery-service-xtreme-to-leverage-3-lakh-strong-delivery-fleet/articleshow/104401745.cms?from=mdr )
May 2024 – Reliance Retail, a subsidiary of Reliance Industries Limited, launched a pilot initiative for instant delivery of groceries and Fast-Moving Consumer Goods (FMCG) in certain pockets of Mumbai, India. The company plans to complete these orders through its network of stores and warehouses, and by partnering with local stores that have been part of the JioMart Partner initiative.
(Source: - https://economictimes.indiatimes.com/industry/services/retail/reliance-retail-sets-the-ball-rolling-on-delivery-in-an-hour-starts-pilot-service-in-mumbai-navi-mumbai/articleshow/111267257.cms?from=mdr )
Top Companies Market Share in Hyperlocal Services Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
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.
The current report Scope analyzes Hyperlocal Services Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Hyperlocal Services Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Hyperlocal Services Industry growth. Hyperlocal Services market has been segmented with the help of its Type, Application Nature, and others. Hyperlocal Services market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
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.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Hyperlocal Services Industry. Request a Free Sample PDF!
Market segmentation by Application is another crucial element in understanding the dynamics of the Hyperlocal Services industry. Applications refer to the specific uses or end-user industries that drive demand for the Hyperlocal Services products or services. These can vary widely, depending on the nature of the market, ranging from healthcare, manufacturing, and retail to more specialized sectors like aerospace, automotive, and telecommunications. By breaking down the market according to its applications, businesses can gain insight into which industries are adopting Hyperlocal Services-related solutions most effectively, and where new opportunities are emerging.
Moreover, analyzing application trends helps in recognizing which industries are growing faster, where innovations are occurring, and which markets are saturated, allowing businesses to strategically position themselves in the most promising areas of the market. Get in touch with us to receive industry-specific insights tailored to your needs
Some of the key Application of Hyperlocal Services are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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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.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Hyperlocal Services Market is witnessing significant growth in the near future.
In 2023, the Logistics Services segment accounted for noticeable share of global Hyperlocal Services Market and is projected to experience significant growth in the near future.
The Individual Users segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Airtasker, ANI Technologies and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Logistics Services, Food Ordering Services, Grocery Delivery Services, Hotel Booking Services, Home Utility Service, Pharmaceuticals, Pet Food and Medicines, Clothing and Accessories, E-Ticket Purchasing Services |
Application | Individual Users, Commercial Users, Sales Channel, Direct Channel, Distribution Channel |
Nature | Utility Services, Goods Delivery |
List of Competitors | 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, ServiceWhale, SERVIZ, Swiggy, Taskbob, TaskEasy, Tribus Group, Uber Technologies, Zomato Media |
This chapter will help you gain GLOBAL Market Analysis of Hyperlocal Services. Further deep in this chapter, you will be able to review Global Hyperlocal Services Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Hyperlocal Services. Further deep in this chapter, you will be able to review North America Hyperlocal Services Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Hyperlocal Services. Further deep in this chapter, you will be able to review Europe Hyperlocal Services Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Hyperlocal Services. Further deep in this chapter, you will be able to review Asia Pacific Hyperlocal Services Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Hyperlocal Services. Further deep in this chapter, you will be able to review South America Hyperlocal Services Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Hyperlocal Services. Further deep in this chapter, you will be able to review Middle East Hyperlocal Services Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Hyperlocal Services. Further deep in this chapter, you will be able to review Middle East Hyperlocal Services Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Hyperlocal Services. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Nature Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Hyperlocal Services market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
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Why Logistics Services have a significant impact on Hyperlocal Services market? |
What are the key factors affecting the Logistics Services and Food Ordering Services of Hyperlocal Services Market? |
What is the CAGR/Growth Rate of Individual Users during the forecast period? |
By type, which segment accounted for largest share of the global Hyperlocal Services Market? |
Which region is expected to dominate the global Hyperlocal Services Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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