Global Online Hyperlocal Services Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By End Use;

Individual Users and Commercial Users.

By Service;

Food Ordering, Grocery Ordering, Home Utility Services, Logistic Service Providers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn120208792 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Online Hyperlocal Services Market (USD Million), 2021 - 2031

In the year 2024, the Global Online Hyperlocal Services Market was valued at USD 369,288.06 million. The size of this market is expected to increase to USD 671,180.88 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.9%.

The Global Online Hyperlocal Services Market has witnessed significant growth in recent years, driven by the increasing penetration of internet services and smartphones worldwide. Hyperlocal services refer to platforms that connect consumers with local service providers, offering a wide range of on-demand services such as food delivery, home maintenance, beauty services, and more. These platforms leverage technology to match service providers with nearby consumers, promising convenience, speed, and often competitive pricing.

In the current digital age, the demand for hyperlocal services has surged due to several factors. Firstly, changing consumer lifestyles and preferences favor convenience, prompting more people to seek services that can be accessed and fulfilled quickly through mobile apps or websites. Secondly, the COVID-19 pandemic further accelerated the adoption of online services, including hyperlocal ones, as consumers turned to digital platforms for essential needs while adhering to social distancing norms.

The competitive landscape of the hyperlocal services market is characterized by both established players and a growing number of startups, each striving to capture market share through innovative service offerings and enhanced user experiences. Key players in the market include well-known names like Uber Eats, TaskRabbit, and UrbanClap (now Urban Company), alongside numerous regional players that cater to specific local markets.

The global online hyperlocal services market is poised for continued growth, driven by technological advancements, expanding internet connectivity, and evolving consumer behaviors. As these platforms continue to refine their algorithms and expand their service offerings, they are likely to play an increasingly integral role in how consumers access and utilize services in their local communities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By End Use
    2. Market Snapshot, By Service
    3. Market Snapshot, By Region
  4. Global Online Hyperlocal Services Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Convenience
        2. Urbanization
        3. Digitalization
        4. Mobile penetration
        5. Demand for instant services
      2. Restraints
        1. Regulatory challenges
        2. Trust and privacy concerns
        3. Infrastructure limitations
        4. Fragmented market landscape
        5. High competition
      3. Opportunities
        1. Market expansion
        2. Technological advancements
        3. Untapped regions
        4. Personalization of services
        5. Rising consumer spending
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Online Hyperlocal Services Market, By End Use, 2021 - 2031 (USD Million)
      1. Individual Users
      2. Commercial Users
    2. Global Online Hyperlocal Services Market, By Service, 2021 - 2031 (USD Million)
      1. Food Ordering
      2. Grocery Ordering
      3. Home Utility Services
      4. Logistic Service Providers
      5. Others
    3. Global Online Hyperlocal Services Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Delivery Hero AG
      2. Instacart
      3. Uber Technologies
      4. Rocket Internet SE
      5. Ibibogroup
      6. Airtasker
      7. ANI Technologies
      8. AskForTask
      9. Laurel & Wolf
      10. PriceGrabber.com
      11. Swiggy
      12. Taskbob
  7. Analyst Views
  8. Future Outlook of the Market