Global Hyperlocal Delivery Apps Market Size study, By Type (Web-based hyperlocal delivery apps, Mobile-based hyperlocal delivery apps), By End Use Industry (Retail & CPG, Medical & Healthcare, Food & Beverages, Courier Express & Parcel, Others), and Regio

Global Hyperlocal Delivery Apps Market Size study, By Type (Web-based hyperlocal delivery apps, Mobile-based hyperlocal delivery apps), By End Use Industry (Retail & CPG, Medical & Healthcare, Food & Beverages, Courier Express & Parcel, Others), and Regional Forecasts 2022-2028

Global Hyperlocal Delivery Apps Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Hyperlocal Delivery Apps can be defined as a web-based platform utilized to connect the customers with local stores in order to transform the shopping experience of the customers. In hyperlocal deliveries, the delivery area is usually small and ranges within a limit of 5-15 km radius. These applications are utilized for delivery of products such as fresh fruits and vegetables, dairy, grocery, mobiles, and electronics among others. The rising retail e-commerce sector worldwide and increasing smartphone penetration as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista - In 2021, worldwide retail e-commerce sales estimated at USD 4900 billion. This amount is projected to grow to USD 7400 billion by 2025. Furthermore, the market witnessed several recent strategic initiatives such as market expansion, funding, which are likely to influence the growth of the market in the forecasted period. For instance, in January 2022, Bengaluru, India based Dunzo, a hyperlocal delivery startup secured USD 240 million in a Venture funding round led by Reliance Retail and participated by Lightrock, Lightbox, Alteria Capital and 3L Capital. The funding would be used to expand the B2B business of the company. Moreover, in in May 2022, Singapore based Anchanto- a B2B SaaS company announced to expand business in the Middle East region. The company partnered with Dubai based supply chain consulting company Logistics Executive Group (L.E.G) to expand customer base into the region. Also, growing adoption of online sales channel and increasing number of mobile internet users in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high deployment cost associated with hyperlocal delivery app and rising concern over cyber security impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Hyperlocal Delivery Apps Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing technological advancements and presence of leading hyperlocal delivery software vendors in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of ecommerce platforms and increasing penetration of mobile internet users in the region, would create lucrative growth prospects for the Hyperlocal Delivery Apps Market across the Asia Pacific region.

Major market players included in this report are:
Clickpost
Jungleworks
Fareye
Bringg
Shippo
Loginext
Shipstation
Anchanto
Stamps
Skedulo

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Web-based hyperlocal delivery apps
Mobile-based hyperlocal delivery apps
By End Use Industry:
Retail & CPG
Medical & Healthcare
Food & Beverages
Courier Express & Parcel
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Hyperlocal Delivery Apps Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors



Companies Mentioned

Clickpost
Jungleworks
Fareye
Bringg
Shippo
Loginext
Shipstation
Anchanto
Stamps
Skedulo

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