Increasing Demand for Ride Sharing and Two-Wheeler Transport Services and Rising Consolidation to Positively Impact On-Demand Services in Indonesia: Ken Research

The On-Demand Economy is defined as an economic activity created by technology companies that fulfill consumer demand through the immediate provisioning of goods and services. Supply is driven through an efficient digital web layered on top of infrastructure networks. Ride Sharing Apps in Indonesia, On-demand Laundry Market, On Demand Grocery Market, Indonesia Online Food Market, Go-Jek Market Share Indonesia, Jakarta Grab Indonesia Market Share, On-demand local services startup investment,
The advent of superior technology has allowed the immediate access messaging, e-mails, media and other online functionality through smartphones, giving new generation customers an entitlement to fast, convenient and efficient experiences.
The new on-demand businesses have successfully leveraged technology while utilizing existing infrastructure. Major players operating in this industry and have successfully managed to convert peoples habit into daily routine. Over the last two years, on-demand services have grown into several new verticals and have branched out beyond transportation services. On-Demand service providers have expanded their scale of operations and portfolio of services to include food delivery, groceries, laundry, AC servicing, house cleaning and housemaids. The on-demand economy is revolutionizing consumer behavior across developing countries with the number of companies and their penetration into various markets is expanding at an accelerating pace.
Expansion of on-demand services to underdeveloped cities, easing regulation by the government towards start-ups, rising youth population and  lucrative cash back and promotional discounts by major players will have a positive impact on the on-demand services market in Indonesia.
The report titled “Indonesia On-Demand Services Market - Increasing Internet and Smartphone Penetration and the Advent of Superior Technology to Foster Future Growth” by Ken Research suggested a robust CAGR of 40.0% in revenue of the on-demand services market in Indonesia by FY’2021with transport services and supermarket and grocery products driving the revenues in the future.
Topics Covered In the report

• Ride Sharing Apps in Indonesia,
• On-demand Laundry Market,
• On Demand Grocery Market,
• Indonesia Online Food Market,
• Go-Jek Market Share Indonesia,
• Jakarta Grab Indonesia Market Share,
• On-demand local services startup investment,

For further reading click on the link below:
https://www.kenresearch.com/technology-and-telecom/it-and-ites/indonesia-on-demand-services-market/116748-105.html
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Increasing Internet and Smartphone Penetration and Growing Requirement for Customer Convenience to Foster Future Growth of Indonesia On-Demand Services Market: Ken Research

• The on-demand economy is revolutionizing consumer behavior across developing countries with the number of companies and their penetration into various markets expanding at an accelerating pace.
• The advent of international and domestic transport and delivery companies including Uber and Go-Jek have further streamlined the on-demand services market in the country
• Increasing Demand for Ride Sharing and Two-Wheeler Transport Services and Technological Advancements through Mergers and Acquisitions

The On-Demand Economy is defined as an economic activity created by technology companies that fulfill consumer demand through the immediate provisioning of goods and services. Car Rental Apps in Indonesia, On demand helicopter services, Taxi Apps Market in Indonesia, Food Delivery Startups in Indonesia,
Industry Growth On Demand Services, Ride Sharing Apps in Indonesia, On-demand Laundry Market, On Demand Grocery Market, Indonesia Online Food Market, On-Demand Services in Indonesia, Go-Jek Market Share Indonesia, Jakarta Grab Indonesia Market Share, On-demand local services startup investment, Indonesia on-demand laundry app The rising number of individuals making everyday purchases through smartphones will drive the revenue of the on-demand services market in the country. On-demand service providers are faced with many challenges in this market, the most crucial constraint being thin margins. Given their business model and substantial labor needs, reducing margins translates to less profit per transaction. For on-demand service providers, profitability requires significant growth in scale of operations in densely populated areas.
Another important element that on-demand companies need to address to stay ahead of the competition is effective communication. When a customer expects services to be rendered in a fast manner, on-demand companies can’t afford to keep them waiting. In addition, on-demand services must be near users, as proximity is a major logistical issue. As the on-demand economy matures, more successful companies will consume smaller ones. Companies with large capital backing will continue to handle multiple on-demand services at once while pure play companies will look to focus on a single service segment to garner a bulk customer base.
Ken Research in its latest study, “Indonesia On-Demand Services Market Outlook to 2021” suggests that Go-Jek, Grab and Uber Indonesia will continue to dominate this space. However, these players will witness rising competition from emerging players including Seekmi, HappyFresh and Alfacart in the coming years.
Indonesia On-Demand Services Market is projected to achieve a positive CAGR of 40.0% during the period 2016-2021. A major factor that will further augment revenues of the on-demand economy and incentivize more companies to enter this space will be the increasing VC funding coupled with companies further developing their own payments gateway.
Topics Covered in The Report

• Car Rental Apps in Indonesia,
• On demand helicopter services,
• Taxi Apps Market in Indonesia,
• On-demand transport services revenue ,
• Food Delivery Startups in Indonesia,
• Industry Growth On Demand Services,
• Ride Sharing Apps in Indonesia,
• On-demand Laundry Market,
• On Demand Grocery Market,
• Online Grocery Market Indonesia,
• Indonesia Online Food Market,
• On-Demand Services in Indonesia,
• Go-Jek Market Share Indonesia,
• Jakarta Grab Indonesia Market Share,
• On-demand local services startup investment,
• Indonesia on-demand laundry app

For further reading click on the link below:
https://www.kenresearch.com/technology-and-telecom/it-and-ites/indonesia-on-demand-services-market/116748-105.html
Related Reports by Ken Research
Philippines Online Classifieds Market Outlook to 2021 - Growing Real Estate Market & Demand For Used Cars to Gain Traction In Future
India Online Fashion Market to 2021 - Elevating Sales in Tier II And Tier III Cities is Expected to Fuel The Market In Future
India Hyperlocal Market Outlook to 2020 - Driven by Surge in Number of Startups and Series of Funding

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249