The Latin America, Middle East and Africa Hyperlocal Service Market would witness market growth of 15.8% CAGR during the forecast period (2022-2028).
Nowadays, there are markets that enable goods delivery within 24 hours, which is commendable, but a hyperlocal marketplace may do the same thing in less than an hour (s). The buyer is attracted not only by the timeliness, but also by the fact that the products are delivered from their trusted and well-known stores.
Retailers benefit from hyperlocal delivery methods because they create a win-win situation. They can register their company on the appropriate platforms and have access to new opportunities. They don't have to spend money on developing and maintaining a separate app. The delivery will also be handled by the aggregators' delivery partners. As a result, it is simpler for offline retailers to expand their business with less effort. Customers are, without a doubt, the biggest winners in this strategy. They can weigh the pros and cons of several solutions and make an informed conclusion. A reliable distribution system is also required by the system. When someone can run all of these errands on their smartphone, life gets a lot easier.
With the introduction of new technologies, foreign brands, and the growing popularity of medium-scale eCommerce platforms in the Middle East, the regional logistics sector is rising. While traditional shipping solutions are a proven and true technique of bringing a product to a customer's doorstep, hyperlocal delivery services are the newest trend.
The growing usage of technology in the UAE, as well as the advent of many eCommerce platforms, has resulted in a surge in demand for speedier delivery services. More customers want their products delivered as rapidly as they can pick them up in a shop, and more products on the market appeal to customers in such a way that fast delivery becomes a commercial opportunity. In this situation, a hyperlocal delivery service company can assist eCommerce businesses in reaching consumers in high-demand areas and meeting that need.
The Brazil market dominated the LAMEA Hyperlocal Service Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $60.2 Billion by 2028. The Argentina market is poised to grow at a CAGR of 16.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 15.5% during (2022 - 2028).
Based on Nature, the market is segmented into Utility Services and Goods Delivery. Based on Type, the market is segmented into Home Utility Service, Food Ordering, Grocery Ordering, Logistic Service Providers, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Hyperlocal Services Market is Predict to reach $3730 Billion by 2028, at a CAGR of 12.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Delivery Hero SE, Uber Technologies, Inc., Zomato Media Pvt. Ltd., AskforTask, Inc., Instacart, Just Eat Takeaway.com, Angi Inc., UrbanClap Technologies India Pvt. Ltd., Blinkit (Grofers International Pte Ltd.), and Housekeep Limited
Scope of the Study
Market Segments Covered in the Report:
By Nature
- Utility Services
- Goods Delivery
By Type
- Home Utility Service
- Food Ordering
- Grocery Ordering
- Logistic Service Providers
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Delivery Hero SE
- Uber Technologies, Inc.
- Zomato Media Pvt. Ltd.
- AskforTask, Inc.
- Instacart
- Just Eat Takeaway.com
- Angi Inc.
- UrbanClap Technologies India Pvt. Ltd.
- Blinkit (Grofers International Pte Ltd.)
- Housekeep Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Hyperlocal Service Market, by Nature
1.4.2 LAMEA Hyperlocal Service Market, by Type
1.4.3 LAMEA Hyperlocal Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Hyperlocal Service Market by Nature
3.1 LAMEA Utility Services Market by Country
3.2 LAMEA Goods Delivery Market by Country
Chapter 4. LAMEA Hyperlocal Service Market by Type
4.1 LAMEA Home Utility Service Market by Country
4.2 LAMEA Food Ordering Market by Country
4.3 LAMEA Grocery Ordering Market by Country
4.4 LAMEA Logistic Service Providers Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA Hyperlocal Service Market by Country
5.1 Brazil Hyperlocal Service Market
5.1.1 Brazil Hyperlocal Service Market by Nature
5.1.2 Brazil Hyperlocal Service Market by Type
5.2 Argentina Hyperlocal Service Market
5.2.1 Argentina Hyperlocal Service Market by Nature
5.2.2 Argentina Hyperlocal Service Market by Type
5.3 UAE Hyperlocal Service Market
5.3.1 UAE Hyperlocal Service Market by Nature
5.3.2 UAE Hyperlocal Service Market by Type
5.4 Saudi Arabia Hyperlocal Service Market
5.4.1 Saudi Arabia Hyperlocal Service Market by Nature
5.4.2 Saudi Arabia Hyperlocal Service Market by Type
5.5 South Africa Hyperlocal Service Market
5.5.1 South Africa Hyperlocal Service Market by Nature
5.5.2 South Africa Hyperlocal Service Market by Type
5.6 Nigeria Hyperlocal Service Market
5.6.1 Nigeria Hyperlocal Service Market by Nature
5.6.2 Nigeria Hyperlocal Service Market by Type
5.7 Rest of LAMEA Hyperlocal Service Market
5.7.1 Rest of LAMEA Hyperlocal Service Market by Nature
5.7.2 Rest of LAMEA Hyperlocal Service Market by Type
Chapter 6. Company Profiles
6.1 Delivery Hero SE
6.1.1 Company Overview
6.1.1 Financial Analysis
6.1.2 Regional Analysis
6.1.3 Research & Development Expense
6.1.4 Recent Strategies and Developments
6.1.4.1 Acquisitions and Mergers:
6.2 Uber Technologies, Inc. (UberEats)
6.2.1 Company Overview
6.2.2 Recent Strategies and Developments
6.2.2.1 Partnerships, Collaborations and Agreements:
6.3 Zomato Media Pvt. Ltd.
6.3.1 Company Overview
6.4 AskforTask, Inc.
6.4.1 Company Overview
6.5 Instacart
6.5.1 Company Overview
6.6 Just Eat Takeaway.com
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Regional Analysis
6.7 Angi Inc.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.8 UrbanClap Technologies India Pvt. Ltd.
6.8.1 Company Overview
6.9 Blinkit (Grofers International Pte Ltd.)
6.9.1 Company Overview
6.10. Housekeep Limited
6.10.1 Company Overview
TABLE 1 LAMEA Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 2 LAMEA Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 3 LAMEA Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 4 LAMEA Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 5 LAMEA Utility Services Market by Country, 2018 - 2021, USD Billion
TABLE 6 LAMEA Utility Services Market by Country, 2022 - 2028, USD Billion
TABLE 7 LAMEA Goods Delivery Market by Country, 2018 - 2021, USD Billion
TABLE 8 LAMEA Goods Delivery Market by Country, 2022 - 2028, USD Billion
TABLE 9 LAMEA Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 10 LAMEA Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 11 LAMEA Home Utility Service Market by Country, 2018 - 2021, USD Billion
TABLE 12 LAMEA Home Utility Service Market by Country, 2022 - 2028, USD Billion
TABLE 13 LAMEA Food Ordering Market by Country, 2018 - 2021, USD Billion
TABLE 14 LAMEA Food Ordering Market by Country, 2022 - 2028, USD Billion
TABLE 15 LAMEA Grocery Ordering Market by Country, 2018 - 2021, USD Billion
TABLE 16 LAMEA Grocery Ordering Market by Country, 2022 - 2028, USD Billion
TABLE 17 LAMEA Logistic Service Providers Market by Country, 2018 - 2021, USD Billion
TABLE 18 LAMEA Logistic Service Providers Market by Country, 2022 - 2028, USD Billion
TABLE 19 LAMEA Others Market by Country, 2018 - 2021, USD Billion
TABLE 20 LAMEA Others Market by Country, 2022 - 2028, USD Billion
TABLE 21 LAMEA Hyperlocal Service Market by Country, 2018 - 2021, USD Billion
TABLE 22 LAMEA Hyperlocal Service Market by Country, 2022 - 2028, USD Billion
TABLE 23 Brazil Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 24 Brazil Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 25 Brazil Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 26 Brazil Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 27 Brazil Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 28 Brazil Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 29 Argentina Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 30 Argentina Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 31 Argentina Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 32 Argentina Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 33 Argentina Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 34 Argentina Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 35 UAE Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 36 UAE Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 37 UAE Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 38 UAE Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 39 UAE Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 40 UAE Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 41 Saudi Arabia Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 42 Saudi Arabia Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 43 Saudi Arabia Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 44 Saudi Arabia Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 45 Saudi Arabia Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 46 Saudi Arabia Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 47 South Africa Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 48 South Africa Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 49 South Africa Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 50 South Africa Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 51 South Africa Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 52 South Africa Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 53 Nigeria Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 54 Nigeria Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 55 Nigeria Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 56 Nigeria Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 57 Nigeria Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 58 Nigeria Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 59 Rest of LAMEA Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 60 Rest of LAMEA Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 61 Rest of LAMEA Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 62 Rest of LAMEA Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 63 Rest of LAMEA Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 64 Rest of LAMEA Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 65 key information – Delivery Hero SE
TABLE 66 Key Information – Uber Technologies, Inc. (UberEats)
TABLE 67 Key information – Zomato Media Pvt. Ltd.
TABLE 68 Key information – AskforTask, Inc.
TABLE 69 KEY INFORMATION – Instacart
TABLE 70 Key Information – Just Eat Takeaway.com
TABLE 71 key Information – Angi Inc.
TABLE 72 Key Information – UrbanClap Technologies India Pvt. Ltd.
TABLE 73 Key Information – Blinkit
TABLE 74 Key Information – Housekeep Limited
List of Figures
FIG 1 Methodology for the research