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The Amazing World of On-Demand Apps

In the world of indolence, you want everything in the blink of an eye without any delay. The progression of on-demand apps has made it possible to get your hands on your needs without much effort. The industry of on-demand applications has fashioned the lifestyles of the people chasing an elite livelihood. On-Demand app development is the most ingenious exploitation of app development technology. This innovative invention has transmuted the way people satisfy their requirements and thus consumer has actually become the king of the market. From food to taxi, every possible service is covered by the expanse of on-demand apps.

Some staggering numbers:

•	On-Demand services serve 86.5 Million people in the US

•	45 Million people in the US are offering on-demand services

•	Around $57.6 Billion is spent annually by 22.4 Million users on On-demand services

•	$335 Billion is the estimated value of on-demand app market by the year 2025

•	49% of On-Demand consumers are Millennials

•	63% of On-Demand Employees claim to be happy while working in the On-demand Industry

These numbers clearly substantiate the fact that the market of on-demand apps is fruitful for businesses as well as consumers. Businesses are cashing on exclusive features like convenience, cost-efficiency, flexible payments, and promptness to create a bankable market for them. As the market inflates, the competition intensifies and more players enter the market, thus, eventually, the cost goes down and the quality tweaks. All this has created a scenario wherein various app developers are purveying timely services to urban professionals. Following are some of the business verticals using on-demand apps:

•	Food delivery

•	Grocery delivery

•	Laundry service

•	Logistics

•	Transportation service

•	Family care

•	Travel and hospitality As is evident from some revealing illustrations, transportation, and food delivery are the most salient investments for on-demand applications, followed by dining and grocery delivery. Revenues of online food delivery and ride sharing markets stand at astounding figures of $94,385mn and $82,437mn respectively. Companies like Uber, Netflix, Ola, Zomato, Swiggy and many more have amassed an extensive portion of these staggering numbers and have become technology giants. These companies have rendered each service efficiently that appeared impossible to be delivered online, and in doing so, have changed the old-world consumer behaviour largely.

Prime benefits of On-Demand apps are:

•	Convenience

•	Cost efficient

•	Time-saving

•	Easy payment options

•	Direct connection with service providers

•	Exciting offers

•	Multiple options

•	Higher ROI for businesses

•	Higher conversion rate

Now the next question is How to develop these apps?

Like any infallible app development, On-Demand apps require a combination of finesse and experience. Customizing your services in a way that it is aligned with consumer’s interests is the first step of On-Demand app development. If you are not aware of consumer’s preferences, then you will fail in slaking demands. Integrate your technology with features like GPS tracking, push notifications, ratings, reviews, and customer support for a convenient experience. In the end, a sound pricing strategy is what leads to a perfectly appealing On-Demand application.

On-demand apps are in demand and must be developed systematically to sustain competition. With the market of app development ballooning and the swelling demands of customers, the future of On-Demand apps looks propitious. However, with changing technology, the extent of acclimation is something that will define the success in this industry.

References:

•	https://www.peerbits.com/blog/how-on-demand-apps-shaping-the-world.html •	https://arkenea.com/blog/build-on-demand-apps/ •	https://krify.co/tag/on-demand-economy-facts-statistics/ •	https://www.statista.com/outlook/374/100/online-food-delivery/worldwide •	https://www.statista.com/outlook/368/100/ride-hailing/worldwide •	https://theninehertz.com/blog/comprehensive-guide-on-demand-apps/ •	https://appsamurai.com/everything-you-should-know-about-on-demand-service-apps/ •	https://www.apporio.com/category/on-demand-app-business-ideas/