Online Hyperlocal Services Market
                     Online Hyperlocal Services Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND 
OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION
Global Online Hyperlocal Services Market  – Overview
Online hyperlocal services refer to online business models that cater to consumers in specifically defined 
geographic locations that are under the reach of their regional service providers’ presence. These business 
models portfolio include restaurant food deliveries, superstores & hypermarkets grocery deliveries, logistic 
services, and home utility services such as laundry, plumbing, carpentry, electrical repairing, and personal 
tutors. Growth of this industry is predominantly reliant on websites and application platforms, in addition 
to availability of GPS technologies.
According to GSM Association Intelligence Report’s published in October 2016, 44% of the global 
smartphone users are subscribed to Internet connectivity and this is projected to surpass 60% by 2020..
REPORT DESCRIPTION
Global Online Hyperlocal Services Market  – Dynamics
According to Internet World Stats (IWS) update in June 2017, internet penetration rate was pegged at 
51.7% by percentage of global population, which witnessed an increase of 976.4% in the period of 2000 to 
2017. According to Zenith’s Mobile Advertising Forecasts in 2017, global smartphone penetration reached 
63% in 2017 is expected to reach 66% in 2018 in the 52 key economies across the globe. High proliferation 
of mobile and internet enabled smart devices, growing internet penetration, and shifting inclination of 
consumers from physical stores and services to on-demand services is expected to be the major factor 
leveraging the global online hyperlocal services market growth. However, intense competition among the 
players, primarily owing to large number of new entrants and highly fragmented industry space has in turn 
led to significantly low profit margins. For instance, cab aggregator industry space in India is affiliated by 
the presence of players that include Ola, Uber, Meru, EasyCab, Tab Cab, mGaadi, Scoot, GO4Cabs, 
Jugnoo, and mGaadi. These factors are expected to hinder the market growth over the forecast period..  
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REPORT DESCRIPTION
Global Online Hyperlocal Services Market  – Key Players
• Delivery Hero AG
• Instacart
• Uber Technologies
• Rocket Internet SE
• Ibibogroup
• Airtasker
• ANI Technologies
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