Top 5 Industries Being Disrupted By On-demand Business Marketplace

Mobile apps have magically changed our lifestyle and made life a lot easier. Advanced app solutions have made easy access to anything and everything within a couple of clicks. They have become more facile with each passing day because it allows you to fulfill your daily tasks with diligence. 

The on-demand marketplace has been booming from the last few years as it gives comfort to the people and makes mundane activities easier and smooth. We are living in a digital world; today, the internet and mobile applications are changing the way we do work and the way we think, communicate, and spend our leisure time. 

The increasing usage of on-demand apps has revolutionized many sectors, including the service industry, food industry, retail, and healthcare industry because it allows easy access to products and services that once were limited. This is probably why the on-demand marketplace is booming and enables companies to meet the rising needs of customers. 

 

The Rise Of On-demand Marketplace

The on-demand economy is a digital marketplace where customers can access goods and services at their comfort without stepping out of the house. 

In the on-demand marketplace, product or service deliveries are fulfilled by back-end mobility solutions that offer advanced features such as route optimization, digital mapping, or multiple payment options, which allows business owners to upscale their activities and make a win-win situation for customers and entrepreneurs of different industries. 

 

Key Reasons Why On-demand Marketplace Is Mushrooming   

• Providing your customers comfort 
• Security and scalability
• Higher business potential 
• Develop your marketing pipeline
• Efficient business model 

The on-demand marketplace has become the apple of the for the consumers as well as entrepreneurs because it directly connects consumers with the sellers. These apps are offering a simple yet advanced solution and making our life easy. 

From ordering food to the on-demand doctor, the on-demand marketplace is making its way in our lives. 

So let’s get started with the top five industries that are being disrupted by the on-demand marketplace. 

 

# Food Industry

On-demand food delivery apps such as UberEats and Zomato have drastically changed the face of the food business. The customers appreciate doorstep deliveries because it saves time. Hunger strikes anywhere, anytime, and on-demand food delivery apps are your saviors as it allows customers to order their favorite meal from their favorite restaurant. 

According to the recent survey from Statista, the online food ordering trend is growing exponentially, and it will reach $ 136,431m by the end of 2021.

The wide usage of the Internet and smartphone has triggered the development demand of on-demand food delivery services, and well-known app solution companies like Ellumianti Inc offer readymade solutions that encourage startup owners to launch their own delivery service. 

Moreover, the key players in the on-demand food delivery market, such as Deliveroo, Foodpanda, and Zomato, are attracting investors worldwide. Now you don’t have to go out to enjoy your favorite meal; you can order online and get it delivered at your location in no time. 

 

# Grocery Industry

Online grocery ordering is the one-stop solution for all our regular necessities. The online grocery ordering trend is growing due to the hectic schedule of the people. People now don’t prefer to stand in a long queue at the time of checkout, on-demand grocery apps allow them to place an order for items from the local grocery store and get it delivered at their doorstep. 

Instant delivery, quality groceries, an extensive range of products, affordable pricing, and multiple payment options are some of the values that make on-demand grocery business more efficient. 

Grofers, Instacart, BigBasket are some of the popular on-demand grocery apps. 

 

# Taxi Booking Industry

When we heard about the taxi booking industry, the first name that came into our mind was Uber, and yes, transportation was the first industry that was disrupted by the on-demand marketplace. 

Uber has played an important role in the on-demand sector; it allowed customers to book a cab using the app by selecting a number of passengers and pickup-drop locations. Taxi business owners can integrate multiple features as per their requirements so that users can book a cab and avail the service. 

Ola, Uber, Lyft are some of the famous on-demand ride-sharing apps. 

 

# Entertainment Industry

Amazon Prime and Netflix are the hottest examples that have transformed the entertainment industry, and now along with the movies, people can enjoy series, converts, and live shows from anywhere, anytime. 

Wide usage of the Internet may be the reason these sites have become popular in a short duration. Users can watch their favorite shows anytime and can also download to access it offline. 

 

# Beauty Industry 

Gone are the days when people had to book appointments before a couple of days when they wanted to visit parlors or salons. The on-demand beauty apps allow customers to book an appointment to hire an in-home stylist. 

On-demand beauty apps make it easier for the customer to connect with the service providers directly. It means customers no longer have to wait in the queue and will get beauty service quickly at home by just installing and signing up in the app.

 

Wrapping Up

In a nutshell, the on-demand marketplace is growing because these apps are the avengers of today’s digital world. Moreover, if you offer the customers what they need, you will be able to enjoy a high return on investment in the long run.