About Food Delivery Mobile Application
Food delivery mobile applications are developed to order food anywhere and everywhere. Sensible customer management is not just the need of the hour but in reality, it has become a problem which is needed to be addressed immediately. Food delivery mobile apps have time and again proven that they can manage this tedious problem with absolute ease. Moreover keeping track of sales, profits losses for the owner is extremely difficult food delivery mobile app serves as a painkiller for analysis of the business. There has been some food giant such as Pizza Hutt, SUBWAY and others, who anticipated the impact of having a mobile food ordering app for their business and flourishing with the inclusion towards it. The demand for fresh food, quick home delivery, and easy accessibility is augmenting the adoption of online food delivery services across the world.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Food Delivery Mobile Application market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Food Delivery Mobile Application market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Food Delivery Mobile Application market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cognizant (United States), Google Inc. (United States), IBM Corporation (United States, Mendix Ca Inc. (United States), Microsoft Corporation (United States), Zoho Corporation Pvt. Ltd. (India), Sap Se (Germany), Apple Inc. (United States), Red Hat Inc. (United States), Uber Technologies, Inc. (United States) and Grubhub Inc (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Instacart (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Food Delivery Mobile Application market by Type (Android, IOS and Others), Application (Food Delivery Market Place, Restaurants and Others) and Region.
On the basis of geography, the market of Food Delivery Mobile Application has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Delivery Types, the sub-segment i.e. Local Delivery will boost the Food Delivery Mobile Application market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Food Delivery Market Place will boost the Food Delivery Mobile Application market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Payment, the sub-segment i.e. Cash on Delivery will boost the Food Delivery Mobile Application market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Restaurant-To-Consumer will boost the Food Delivery Mobile Application market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Innovation Has Changed the Whole Edge of Food Industry, And It Will Keep Working Superbly and Trending
Market Growth Drivers:
Increasing Adoption of Cell Phone Technology is Driving the Market Demand, The Increasing Number of Restaurants and Growing Popularity of Food Delivery in Colleges, Universities, Parties and So On
Challenges:
Poor Design of Application Breaks the Principle of Accessibility That Means This System Has a Poor Usability and Availability of Numerous Food Delivery Service Platforms Are Anticipated To Intensify Competition
Restraints:
Fluctuating Pricing Models and Additional Cost Incurred By Restaurant
Opportunities:
Technological Advances Such As GPS Which Is Increasingly Becoming Common Feature In Smartphones Is Also Opportunities For Growth Of Food Delivery Mobile App In Food Industries
Market Leaders and their expansionary development strategies
In March 2020, DoorDash, a big name among food delivery service providers has acquired its San-Francisco based food delivery rival Caviar. The acquisition deal is said to be consists of a mix of cash and DoorDash Stock.
In July 2020, The Indian Hotels Company, operating under the name Taj Hotels, had launched the Qmin food delivery service in June 2020. The first phase of the launch was done in Mumbai, where guests could order from eight restaurants in Mumbai, such as the Golden Dragon and Souk from Taj Mahal Palace; Thai Pavilion and Trattoria from President; and Ming Yang from Taj Lands’ End, to name a few.
Key Target Audience
Food Delivery Mobile Application, Electronic Component Providers, Technology Providers, Potential Investors, Government and Research Organizations, Trade Associations and Industry Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.