The global Digital Food Delivery market research report forecast to 2026 has been recently published by Reports and Data to help user understand the current market scenario. The report offers a detailed analysis of market size, revenue growth, emerging trends, top companies, market drivers, restraints, opportunities, limitations that the global Digital Food Delivery market is expected to offer during the forecast period. The data is obtained through extensive primary and secondary research which is further verified by industry experts. This data is represented using various charts, tables and graphs which makes it easier for the reader. It also provides complete analysis of the global Digital Food Delivery market with details about statistical tools such as SWOT and Porter’s Five Forces analysis. The report shed light on various top companies in the market. ust Eat, Zomato, FoodPanda, Uber Eats, DoorDash, Swiggy, Domino’s Pizza, McDonald’s, Delivery Hero, Grubhub.are some leading companies operating in the global Digital Food Delivery market.
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The information and communication technology sector is expected to observe a robust revenue growth over the forecast period. Factors such as technological advancements in AI and robotics, increasing innovations, growing need for high data security, large data management are fueling market development. Availability of variety of devices such as computers, smartphones, softwares and growing usage of internet is boosting overall growth of the information and communication technology. In addition, growing adoption of IOT and cloud based systems, increasing demand for technologically advanced devices, and change in consumer preference are some significant factors fueling market growth.
Competitive landscape of global Digital Food Delivery market is quite fragmented with regional and global key players. They are often involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to sustain their market position and expand their product portfolio.
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Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America
- S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
The global market is further segmented into type and application:
Business Model Outlook (Revenue, USD Billion; 2016-2026)
- Aggregators
- New-Delivery
- End-To-End Service
Platform Type Outlook (Revenue, USD Billion; 2016-2026)
- Websites
- Mobile applications
Payment Method Outlook (Revenue, USD Billion; 2016-2026)
- Online Transactions
- Pay On Delivery
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Key questions addressed in the global Digital Food Delivery market report:
- In the business model type, aggregators segment is likely to continue being the dominator of the market with almost 52.2% of market share by 2026. Aggregators are the traditional business model where many restaurants are listed on aggregator portals. The customers can view and compare the menus, price details, and reviews by the other customers. Once a customer orders something, the aggregators then put that order forward to the restaurant only. There is nothing more the aggregators do. The restaurant then manages the delivery to the customers. Typically the aggregators' profit margin is about 40% excluding tax and other convenience fees.
- New-Delivery System segment is another segment which is contributing a larger market share of 42.4% by 2026. New-Delivery system offers all the benefits like aggregators through their website or mobile application. Other than those offerings, the new-delivery segment also provides logistics to its customers. The new-delivery segment takes more than a 35% profit margin and even gets a small fee from the customers too.
- Mobile Applications are helping the market to grow at a successive CAGR of 15.4% throughout the forecast period. The high rate of increasing number of mobile phone users makes this segment auspicious. Most of the vendors have now started making mobile applications in order to achieve a higher number of customer engagement.
- Online transaction is a high growth segment in the forecast period. The revolution of the cashless economy is majorly responsible for this segment to grow high. The customers nowadays prefer online transactions over conventional cash paying system. Hence the vendor to offer the online transaction gets a higher consumer base.
- APAC is predicted to grow with an overall CAGR of 10.1% throughout the forecast period, generating a revenue of USD 98.60 Billion by 2026. Indeed, a large number of consumer base and increasing internet availability helps this region to retain the highest market share.
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