4 Key reasons why Food Delivery Business needs a custom mobile app?
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This article contains information for technology startups and entrepreneurs. Curated four reasons why your food delivery business needs a customized mobile application. Let's check out what are these?
The business has gone through rapid changes due to the emergence of technology. Well, another reason may be a fast growing mobile penetration and ease of use that has pushed businesses to put mobile applications at the top of the priority list. Everything in the top, food ordering and delivery business needs mobile apps, due to the fact that the market for on-demand food delivery is flourishing. Before moving on, it will be better to quickly check the market size statistics on the food delivery business.
Market Size of Online Food Delivery: According to the Statista Report [
Currently, revenue in the Online Food Delivery Segment amounts to USD 82,714 million in 2018.
Revenue is expected to increase an annual growth rate (CAGR 2018-2023) of 10, 7%, resulting in a market volume of USD 137,596 million by 2023.
By 2018, the market's largest segment is customer-to-consumer delivery with a market volume of USD 65,302 million.
Now let's check out the main reasons why the food delivery business needs a customized mobile application.