Food delivery mobile application is a novel platform for the restaurants, franchisees, and other food-selling proprietors to offer a convenient way of providing consumers with a wide range of options through a single online mobile portal. The business of delivering restaurant meals at the consumers’ place has improvised from telephone-based ordering system to takeout counters, and now websites and mobile applications.
The food delivery mobile application offers access to single or multiple restaurants through a single online portal, where the consumers can compare menus, prices, offers, and reviews given by experienced consumers. Furthermore, the mobile applications are being developed for food delivery providers, who act as a middleman between a restaurant and a consumer. These food delivery mobile applications have offered various advantages including cost savings, high profit margins, high return on investments (ROI), high customer retention, and global reach. This has allowed key market players to increase their market presence in local as well as international markets with high growth perspectives. The global food delivery mobile application market is attributed to high Internet penetration, increase in usage of smartphones, easy availability of open-source deployment platforms, technological advancements in the designs of operating systems of the smartphones, and implementation of asset-light business models. Users are more inclined towards dining at home with restaurant quality food and ambience, which is made possible by food delivery mobile applications easily.
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Such changes in lifestyles, increase in number of young population using smartphones and the Internet, and rise in awareness about the benefits of mobile applications among restaurant owners as well as consumers is expected to fuel the growth of the global food delivery mobile application market. Moreover, growth in alliances and collaborations among restaurant owners and application developers and increase in investments for digitization offer significant growth potential for the global market. However, lack of high speed Internet connectivity in the developing and underdeveloped countries and uncertainty of enterprises to develop their own mobile applications hamper the market growth.
The global food delivery mobile application market is segmented based on deployment platform, end users, and geography. Based on deployment platform, the market is segmented into Android, iOS, and others (Windows and BlackBerry 10). Based on end user, the market is fragmented into food delivery market place and restaurants & others. The global food delivery mobile application market is further studied across four regions including North America, Europe, Asia-Pacific, and LAMEA.
The passage highlights the trend of governmental organizations increasing their maintenance budgets for system infrastructure while also investing in initiatives for project development, modernization, and enhancement. This has led to the success of investments and an increase in the annual funding set aside by ICT vendors for the growth of the online market. The passage also mentions the anticipated increase in global ICT exports, which are expected to rise by an average of 3.9% yearly from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. The global supply of ICT has increased by 9.5% yearly since 2009.
In terms of global ICT exports in 2021, Ireland ranked first with US$ 169.32 billion, followed by the United States at number 2, India at number 3, and China at number 4. The passage also notes the significant increase in Brunei’s global ICT exports by 228.2% year over year since 2009, while Sierra Leone’s global ICT exports have decreased by 61.7% year over year in the same period. Overall, the passage highlights the growth and potential of the global ICT market, driven by increased investments and funding for infrastructure and project development.
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It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.
KEY BENEFITS
In-depth analysis of the global food delivery mobile application market along with its dynamics is provided in the report to understand the market scenario.
Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist strategists and stakeholders to capitalize on prevailing opportunities.
Porter’s Five Forces analysis examines the competitive structure of the food delivery mobile application market and provides a clear understanding of the factors that influence the market entry and expansion.
A detailed analysis of the geographical segments enables identification of profitable segments for market players.
Comprehensive analysis of the trends, sub-segments, and key revenue pockets is provided in the report.
Detailed analysis of the key players and their business strategies is anticipated to assist stakeholders to take informed business decisions.
Profile analysis of leading players that operate in the food delivery mobile application market is provided in the report, which highlight the major developmental strategies such as mergers & acquisitions, expansions, and new product launches adopted by these companies.
Key players profiled in the report
Apple Inc.
CA, Inc.
Cognizant
Google Inc.
IBM Corporation
Mendix
Microsoft Corporation
Red Hat, Inc.
SAP SE
Zoho Corporation Pvt. Ltd.
Key market segments
By Deployment Platform
Android
iOS
Others
By End-user
Food Delivery Market Place
Restaurants and Others
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By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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