June 14, 2021

Top Industries that Drive the On Demand Service Economy in 2021

In this competitive business environment, it is very difficult for buyers to directly reach the seller and get products they want. In this situation, every business should find ways to reach their audience and provide them comfortable services and make it cost-efficient. By building powerful mobile apps you can easily provide on demand services to your customers.


What is On Demand Services?

On demand service is a platform that caters the needs of customers when they request it. One can frame the design, features and also the interface according to their business type and target audience preference. Today more than 80% of businesses are looking for on-demand app development to take their business to their customers’ door step. This type of marketplace platform facilitates sellers and buyers as both parties value immediacy and they depend on the on-demand marketplace platform for further transaction.

On Demand Services Economy

On demand service economy is an economic activity handled by online marketplace platforms to fulfill buyers’ demand by providing immediate access to physical products and services. Consumers always prefer fast delivery, and want to have a seamless experience. More convenience, speed and simplicity is provided through on demand service economy.

Top 10 Booming Industries in On-Demand Services

There are several industries involved in on-demand services. Most of them have already gained consumers’ trust and goodwill.  Let us analyze the top on demand service industry in detail.

1. On Demand Professional Services

The top on demand service that has high potential is the professional service. End-users are highly excited and benefited through this on-demand service platform. The professional services that are delivered through this on demand service platform can be mechanics, carpentry works, electrical repairs, plumbing, pest control and home cleaning services.

As per a recent survey, by 2024, the on-demand professional services will grow by $1575 billion. This is estimated mainly because of the tremendous usage of smartphones. Our future digital world is going to witness the new dimension of on-demand service applications.

Top on-demand professional service apps:

  • Urbanclap
  • Thumbtack
  • TaskRabbit
  • HouseJoy
  • Mr.Right

2. On Demand Beauty Salons / Hair Stylist Services

In the US, around 28% of hairdressers, stylists and even cosmetologists are working as independent freelancers and are earning $46 billion every year. Maintaining a good physical appearance is a positive one for every individual. But the problem is everyone cannot spend time in reaching a salon or a beauty parlor to groom them. The only solution for this issue is the on-demand salon services.

These platforms support users to indulge in personal beauty care and allow them to simultaneously manage their time efficiently. Booking an appointment and cancelling the same is quite easy with these on demand service platforms and so customers prefer to use them.

Top on demand salon services platforms:

  • GlamSquad
  • MyGlamm
  • GetLook
  • StyleSeat
  • Missbeez
  • Booksy

3. On Demand Online Food Delivery Services

On demand food delivery service is undoubtedly scaling up on top on demand service industry list. Recent survey has reported that on demand food delivery service which was getting revenue of $122 billion is expected to reach $200 billion by 2025.

The very first food delivery service was introduced by Pizza Hut in 1994. From there a great climb has happened to this industry. Now on demand food delivery apps have become a boon to foodies. You can order their favorite food and get it delivered at their doorstep

Top on demand food delivery service platforms:

  • Swiggy.
  • UberEats.
  • Foodpanda.
  • Zomato.
  • Faasos.
  • Deliveroo.
  • Dunzo.
  • Grubhub.

4. On Demand Healthcare Services

Getting a doctor’s appointment is the toughest task for any patient in recent days. Fortunately now we have on demand healthcare service which is one of the top on demand services that has greater reach.

Around 88% of appointments with doctors are made over the phone and the most unfortunate fact is they need to wait for another 75 days to get the doctor’s appointment. Another survey stated that around 77% of patients prefer to book, change or cancel appointments through their mobile apps. So there is a vast growth in this sector which is undeniable.

The top on demand healthcare service platforms:

  • MDLIVE
  • Doctor on Demand
  • Amwell
  • Teladoc
  • LiveHealth

5. On Demand Transportation and Travel Services

To gain a smooth and pleasant travelling experience, one needs to plan his travel and stay properly. The on-demand transportation services are fine-tuning the travel experience for travelers. One can get flexible travel in a spontaneous way. By just having one app in your mobile you can just pack your luggage and start your journey. Payments are done through the on demand transportation app and users can reach the right location at the right time.

In the transportation industry, the amount that is being invested in on demand transportation apps has tripled when compared with last year. This is why this sector is listed to be one of the top on demand services.

The top on demand transportation platforms:

  • Uber
  • Lyft
  • Cabify
  • Curb
  • Easyway

6. On Demand Learning Apps

Accessing the knowledge when you need it is the better way of learning. On-demand learning services will be the future of learning that is being accepted by all. To meet the new trend, every company is incorporating e-learning apps that will train their employees to increase their productivity. Likewise students can also select the course they want to learn and can use the on demand service app to go through the study material and they will be able access these materials anywhere, anytime.

According to Statista, on demand e-learning apps will generate $245 million by 2022. Also in the US, the e-learning industry will see a tremendous growth by $12 billion between 2020 to 2025. Hence it is clear that on-demand learning services are skyrocketing and has become one of the top on demand services.

The top on demand e-learning platforms:

  • Udemy
  • Byju’s
  • Skillshare
  • Coursera
  • Futurelearn

7. On Demand Laundry Services

On demand laundry service is a major relief to take care of our laundry work. Laundry apps are widely used by working people who find it difficult to spend their busy time washing their clothes. It is also recorded that an average person will spend 15 hours per month washing his clothes.

On demand laundry service is the perfect solution to save our time and get things done perfectly. You can easily find laundry service providers nearby your place through the laundry app and can get them pick and drop our clothes once the washing is done.

The top on demand laundry service platforms:

  • Rinse
  • Flycleaners
  • Cleanly
  • Laundrapp
  • washio

8. On Demand Freelance Services

Finding a professional to fit into the job is a major headache for any human resource department. Likewise getting a job that meets our skill set is another challenge for every job seeker. Through on demand freelance services, business people will find professionals and experts will have jobs in their core area.

In 2020, Google was composed of 120000 freelancers which is 54% of their total manpower. Also 70% of SMBs in the US have preferred freelancers for their work to be done on time. Freelancers’ opportunities are rising mainly because of the on demand freelance services.

The top on demand freelance platforms

  • Upwork
  • Fiverr
  • Freelancer
  • Toptal
  • CloudPeeps

9. On Demand Video Streaming Services

On demand video streaming services is one of the top on demand services and a highly growing sector in recent days. User penetration toward video streaming apps will be 14.3% in 2021 and it is expected to hit 18.5% by 2023.

TV programs and theatre crowds are decreasing in recent days and good response is given to online video streaming platforms. These on demand video streaming service platforms come with monthly or yearly subscription plans. A new perspective of entertainment is evolving along with the growth of technology.

The top on demand video streaming platforms:

  • YouTube
  • Netflix
  • Hotstar
  • Hulu
  • Amazon Prime

10. On Demand Logistic Service

On demand logistic service is facing a tremendous change in recent days. The main reason for the growth of this service industry is the rise of ecommerce platforms. People order products online and ecommerce platforms will deliver them to customers door step through proper logistic services. Through on demand logistic apps one can easily book a truck and transport their consignment online.

Around 26% of US online shoppers have abandoned the cart mainly because of long delivery time. So every company is in need of perfect logistic service that will ensure on-time delivery. So on demand logistic services are undoubtedly one of the top on demand services that are in greater need.

The top on demand logistic service platforms:

  • Uber freight
  • Goshare
  • Convoy
  • Blackbuck
  • Freightbro

Conclusion

The entire world is going online and we need to get adapted to the technological changes that happen around us. This suits our businesses too. Upgrade your business and meet your audience through the latest technology and let them use your products and services online. This will undoubtedly give greater reach and higher revenue. Hope you gained a clear knowledge about top on demand services. It is high time to transform your business and enlighten your world with better services.

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