Home Blog Home Startups Top 6 Service Industries that Drive the On-Demand Economy

Top 6 Service Industries that Drive the On-Demand Economy

by Mariya Parackal
top service industries

The expectations of consumers had changed according to the progress in the on-demand economy. On-demand mobile apps are changing the way consumers depend on their services.

Everyone prefers fast services. If you consider food delivery, grocery delivery, transportation service, healthcare service, etc. you need it within minutes with a tracking facility. 

People love to receive their orders at the doorsteps. Getting services in front of your door will make a difference in the lifestyle. The development of on-demand services has helped many industries to improve their growth.

Here are some of the popular on-demand apps from different service industries: Uber(on-demand taxi service), Instacart (on-demand grocery delivery), Postmates (on-demand food delivery), Pillpack (on-demand pharmacy), Task Rabbit (on-demand professional services). According to a survey report, 42% of the Americans are using one of these on-demand services.

In this article, we will briefly discuss all the top service industries that drive the on-demand economy. You will also learn to build your on-demand platform with the help of readymade solutions.

  • Food Delivery

There was a time people waited in restaurants for their favorite dishes. Later, On-demand food delivery apps bring the trend of ordering from anywhere. That changed the entire restaurant business. Today people order food from their favorite restaurants and collect it from their doorsteps. Customers can see the delivery time and track the delivery person once the order is ready. Many on-demand food delivery apps are available today. The food delivery industry is growing each day.

Several startups are coming up with new app ideas. It is also creating new opportunities for youth. The on-demand food delivery apps benefit both restaurants and customers. Key players like Just Eat, GrubHub, Deliveroo, etc. are attracting new regions and investors to rise in market valuation. According to the statistics, a 58% yearly increment is there in food ordering from on-demand apps. Now anyone can build a food ordering app with the help of an online restaurant delivery software.

Check: Grubhub Clone Script

top service industries

Read more about the best online food delivery apps

  • Professional services

The only sector that got a massive transformation due to the on-demand economy is Professional services. As it covers all types of professional services, it has the maximum potential and is beneficial for the end-users. It was one of the most versatile industries to enter into the on-demand economy. Some of the professional services are electrician, mechanic, carpentry, household work, babysitting, plumbing, etc.

Professional services also provide software developers and designers. Why professional services are exciting is because it offers plenty of options to consumers. People can hire professionals for any specific work in house, office, etc according to their ratings. The great benefit of this professional service app is it provides wide employment opportunities. Some of the professional service apps are Handy, Task rabbit, Takl. Now anyone can build a professional service app or website with an online on-demand service platform.

Check: How to build an app like Task Rabbit?

top service industries

Read more about How an On-Demand Service Platform Help You Set Up a Professional Service Website?

  • Healthcare

Healthcare service apps were the one which desperately needed to enter the on-demand economy. On-demand healthcare apps had changed the usual practice of people. Before the launch of apps, Patients have to wait for a long time to meet the doctor. But today, patients can book appointments sitting at their homes. The app allows ordering medicines at home by uploading a doctor’s prescription. The problems like spending hours meeting a doctor and searching for medicines in different medical stores can be solved using an online pharmacy app.

Sometimes people face trouble in collecting medicines from a particular pharmacy. They have to visit two-three stores in search of medicine. Communicating with the doctor or healthcare professionals in case of an emergency is possible using a single on-demand app. The most important benefit of the app is to order medicines from the pharmacy. We can say that on-demand services have changed the complete healthcare system. It is easy for pharmacy stores to integrate with an on-demand pharmacy delivery driver app. Some healthcare service apps are PillPack, Medley, Healthtap.

Check: How to build an app like GoodRx?

top service industries

Read more about the business model of Medly pharmacy

  • Logistics

Logistics and courier services have witnessed a massive shift after entering the on-demand economy. On-demand delivery apps had made logistics and transportation more efficient and smooth. Technology has helped the players to expand their business to more customers. The features like real-time tracking, notifications, specific delivery time, and alerts helped players to reach wide customers.

Today people can easily track their orders via integrated maps. Initially, the price structure of the transportation companies was a little messy. The problem was resolved after the rise of the on-demand economy in logistics and courier service. Now anyone can build an online order tracking and delivery platform where it allows users to track until it reaches the destination. Some of the on-demand delivery apps are Postmates, Doordash, Deliv.

Check: Business model of Mobi2go

top service industries

Read more about Last-Mile Delivery Solution for Your Logistics Business

  • Ecommerce

A sector that is born only because of the on-demand service is eCommerce. Unlike other verticals, eCommerce had no existence until the launch of on-demand services. It is visible that the success and growth of both eCommerce and on-demand services were together. On-demand eCommerce apps offered consumers and retailers to buy and sell anything at any time.

Most of the people today are purchasing almost everything online. It can be clothes, home appliances, electronic gadgets, furniture, or anything. The eCommerce industry gains a lot when they enter into an on-demand economy. Now anyone can build an online eCommerce marketplace with an online multi-vendor shopping cart software. Some of the on-demand marketplace apps are Amazon, Walmart, eBay

Check: Etsy Clone Script

top service industries

Read more about How to Seed a Brand New Ecommerce Marketplace?

  • Transportation

The second most affected sector after eCommerce is the transportation industry. For venture capitalists, the transportation industry is a great pool for investment. By the launch of the on-demand taxi booking apps, complete taxis have become a part of on-demand service. There are options for individuals to provide their own vehicles for lease on an hourly basis.

Most of the on-demand taxi booking apps have solutions for customer needs. And that’s why new on-demand taxi booking apps are booming around the globe. An on-demand transportation provider’s possible options are online taxi booking, car sharing, carpooling, car rentals, pre-scheduling, etc. Now anyone can build a taxi booking mobile app like Uber with readymade scripts. Some of the on-demand taxi booking apps are Uber, Lyft, Grab.

Check: On-Demand Services: Read This Before Building Your App

top service industries

Read more about the Top 15 On-demand service platforms

Conclusion

The above mentioned are the top 6 on-demand services that drive the on-demand economy. Each on-demand service platform has tight competition. The usage of these services is increasing all around the globe. Many startups are developing on-demand apps with unique features to compete with the existing ones. There is no doubt that there is no future for any traditional industry without on-demand apps.

Read more about Why the On-demand Business Model is a Successful Option For Startups?

So these are the industries that drive the on-demand services in 2020. If you are one who drives a business or someone with an app idea then come to us. Our mobile app development team will help you develop an on-demand platform with a unique outfit.

Contact our dedicated development team, if you are looking for expert advice and an ideal app in the field of on-demand service app development. Have additional questions? Contact our team at (312) 423-672.

Leave a Comment