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[Market Research Report] Global Hyperlocal Services Market

The global hyper-local service market is expected to reach $5.9 trillion by 2031.

The global hyper-local services market, valued at $1.5 trillion in 2021, is expected to reach $5.9 trillion by 2031, with a compound annual growth rate (CAGR) of 14.4% from 2023 to 2031. Businesses of all sizes, including restaurants, hotels, fast-food chains, and various retail merchants, are adopting these platforms to manage their operations while eliminating the hassle of delivery. As access to smartphones and the internet becomes easier for consumers worldwide, the demand for hyper-local services is significantly increasing. Other key growth factors include rising income levels, an increasing labor force, and the ongoing necessity for online food and grocery delivery due to the COVID-19 pandemic. Major players such as McDonald's Corporation, Domino's Pizza Inc., and Zomato have introduced contactless delivery services in response to the pandemic. You can check the application method by clicking the [PDF Download] button or apply directly through the related links.

• Company：Panorama Data Insights Ltd.
• Price：Other

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