As per a study conducted by PwC, the market for on-demand apps is all set to rise to $335 billion by 2025. Apart from the B2B (Business to Business) model, more growth will be witnessed in B2C (Business to Consumer) and Person to Person (P2P) models. Learn more about the market for on-demand apps here, https://technonguide.com/business-opportunities-in-launching-an-on-demand-app-in-2021/
As an entrepreneur looking to make his/her presence felt in the booming on-demand industry, it is important to study the market beforehand, analyze the existing competition before developing an on-demand app for any kind of service.
There is no doubt that the popularity of on-demand delivery apps has been increasing tremendously over the last few years.
Moreover, with the increase in popularity, the horizons of the on-demand delivery apps have also expanded in different directions As per the research done by Zion Market Research, the size of global e-pharmacy market is expected to rise to $107.53 billion by the year 2025.Along with the global e-pharmacy market, the realm of the online food delivery market is also on the rise.
According to Adroit Market Research, the online food delivery market will hit the mark of $161.74 billion by 2023 worldwide.Now to ride on the bandwagon and get high ROI, businesses need to extract the best out of their on-demand delivery management apps.
For example, Pizza Hut needs a raw vegetable supplier, and for this, they have to seek third-party help.
Thus, enterprise to enterprise on-demand delivery apps model will come in handy in these situations.For instance, if a large newspaper printing press requires raw paper material, they will contact a local dealer.
A website or mobile apps facilitating this service comes under a company-to-company on-demand delivery app model.Person to PersonIn today’s digitally connected world, there are many services that a person can access from local service providers daily.
These days, on-demand services have gone beyond retail and eCommerce mobile app development.
The rapidly growing on-demand economy offers many opportunities to enthusiastic entrepreneurs.
You can use any of these on-demand service to initiate a startup and get a high ROI in the relatively short term.
The time is just right to consider on-demand services and expand the horizons of your business!Inexture Solutions LLP is a renowned mobile app development company.
Our in-house team of developers can integrate advanced features based on advancements of emerging technologies including AI and ML.
Simply drop us a line at [email protected] and our expert business consultants will assist you at every step from making a strategy to execute your app development project.