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Developed economies such as the U.S. and countries in Western Europe have witnessed major
adoption of hyperlocal services and are leading the market in terms of revenue and consumer
base. However, with the increasing proliferation of mobile devices in emerging economies such
as China, India, Indonesia, and Brazil is expected to offer significant growth opportunities for
market players over the forecast period.
Industry is characterized by the presence of large number of players acquiring small hyperlocal
services market shares. This is expected to continue over the forecast period, however, few
industry participants have gained competitive edge over other participants. These participants
include GrubHub, Just-Eat, Swiggy, Delivery Hero, Foodpanda group, BOXC, Shipster, and
HelloFresh Group.
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