The on-demand economy has been a huge success in recent times because of its accessibility, ease of use, etc. It replaced the traditional way of doing business.

Many entrepreneurs and small business owners are adapting to the change. For example, restaurants have started offering online food delivery services realizing the need for it.

Here's the infographic that portrays the growth of the on-demand economy in 2021 and further down the road.

You'll get to know about,

  • Best on-demand applications in the market.
  • On-demand mobile app statistics
  • Video-on-demand statistics
  • Food delivery industry growth
  • Popularity of ridesharing apps
  • Grocery shopping trends

Here you go!

On-Demand Economy Statistics You Need to Know

The on-demand economy has seen significant success in recent years, driven by its convenience and ease of use. It has transformed traditional business models, making services more accessible to consumers.

Let’s take a closer look at some of the most popular on-demand apps we use in our daily lives:

  • Uber
  • TaskRabbit
  • Netflix
  • Postmates

On-Demand Mobile App Economy Statistics

  • $1 Trillion – The projected market value of the on-demand app economy by 2027. (Source)
  • 49% – Percentage of on-demand consumers who are Millennials. (Source)

Video-on-Demand (VoD) Statistics

  • $621.9 Billion - The projected global sales value of video on demand (VoD) services by 2034.
  • 80% - The market share held by the USA in North America's video on demand service industry.
  • 57.8% – The share of Subscription Video on Demand (SVOD) services within the overall VoD market in 2024.
    (Source)

Food Delivery Statistics

  • $1.85 Trillion – The projected market volume of the food delivery sector by 2029.
  • 55% - The percentace of consumers in the 18-25 age group who embraced online ordering.(Source)
  • United States and China are leading the way in the global online food delivery market.
    (Source)

Ride-Sharing Statistics

  • $480.09 Billion – The projected market size of the global ride-sharing industry by 2032.
  • E-Hailing - The ride-sharing segment that is expected to hold a major share of the market.
  • North America currently dominates the global ride-sharing market.
    (Source)

Grocery Delivery Statistics - (Source)

  • $ 2,158.53 Billion – The projected market size of the global online grocery shopping industry by 2030
  • 87% - The percentage of customers who use their mobile devices for doing their grocery shopping online
    (Source)

Concluding,

In summary, the on-demand economy is rapidly transforming industries and consumer behaviours across the globe.

With impressive growth statistics and projections, it's clear that sectors like ride-sharing, food delivery, video streaming, and grocery delivery are here to stay.

As the demand for convenience and efficiency continues to rise, the future looks promising for on-demand mobile apps.

Whether you're a business looking to tap into this thriving market or a consumer benefiting from these services, staying informed about these trends is your key to understanding the evolving landscape.