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 Growthby 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

https://www.kenresearch.com/blog/2017/06/go-jek-market-share-indonesia/

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 2021suggests 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

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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

https://www.kenresearch.com/blog/2017/06/increasing-internet-smartphone-penetration-growing-requirement-customer-convenience-foster-future-growth-indonesia-demand-services-market-ken-research/

Indonesia On-Demand Services Market Outlook to 2021- Ken Research


Ken Research latest Report  on Indonesia On-Demand Services Market Outlook to 2021 – Increasing Internet and Smartphone Penetration and the Advent of Superior Technology to Foster Future Growthprovides a comprehensive analysis of the on-demand services market in Indonesia. The report covers market size on the basis of revenue and number of bookings for on-demand transport, food delivery, supermarket and groceries, beauty care, laundry, AC repair, cleaning and other services. Segmentation under on-demand transport, food delivery, supermarket and groceries and beauty services has also been showcased in the report. The report also covers company profiles of major and emerging players, customer preference, decision making process and market share of major players across various on-demand services. This report will help industry consultants, technology companies, on-demand service providers, ride hailing companies, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Indonesia On-Demand Services Market Overview  

The revenue generated from on-demand services in Indonesia augmented from USD ~ million during 2015 to USD ~ million during 2016, achieving a robust growth of ~% in 2016 compared to the previous year. The rising internet penetration coupled with increasing smartphone users and changing consumer behavior have been the primary factors driving the revenues of the on-demand services market in Indonesia during the review period.

Indonesia On-Demand Transport Service Market

The advent of ride hailing applications by major players including Uber, Go-Jek and Grab, had changed the landscape of public transport in Indonesia. The revenue generated by on-demand transport services grew ~% to reach USD ~ million during 2016 from USD ~ million during the previous year.

The total revenue generated from on-demand bike services inclined to USD ~ million during 2016, registering a total of ~ million completed orders during the same period. The total revenue generated from on-demand car services inclined to USD ~ million during 2016, registering a total of ~ million completed orders during the same period. Major players operating in this space include Uber, Go-Car and GrabCar.

Go-Jek registered ~ million completed orders from its transport services during 2016, accounting for ~% of overall on-demand bike bookings during the same period. Grab Indonesia registered a total of ~ million completed orders during 2016 from its transport services, accounting for ~% of overall on-demand bike bookings during the same year. Grab has dominated the on-demand car services market in the country GrabCar achieved a total of ~ million completed orders during 2016, accounting for ~% of on-demand car booking during the same year. Go-Jek (~ million) and Uber (~ million) had accounted for ~% and ~% respectively, to overall on-demand car bookings in the country during 2016.

Indonesia On-Demand Supermarket and Grocery Market

The revenue generated from on-demand supermarket and groceries market in Indonesia inclined ~% to USD ~ million during 2016 from USD ~ million during the previous year. The continued increase in mobile adoption and broadband penetration has aided the boost in online sales of supermarket and grocery products.

The revenue generated from the groceries (including fruits and vegetables) segment augmented to USD ~ million during 2016, accounting for ~% of overall on-demand supermarket and groceries market revenues during the same period. The revenue generated from electronics was evaluated at USD ~ million during 2016, contributing ~% to overall on-demand supermarket and groceries market revenues during the same period. Conversely, revenue generated from the lifestyle (baby and mother care products) segment was evaluated at USD ~ million during 2016, contributing ~% to overall on-demand supermarket and groceries market revenues during the same period.

Alfacart has been one of the leading companies in the on-demand supermarket and groceries market; registering ~ thousand completed orders since its inception in early 2016. HappyFresh registered a cumulative of ~ thousand completed orders during 2016, accounting for ~% of all on-demand grocery orders in the country during the same period. Matahari Mall achieved a total of ~ thousand completed orders during 2016, accounting for ~% of overall on-demand supermarket and grocery orders in the country during the same year.

Indonesia On-Demand Food Delivery Market

The revenue generated from on-demand food delivery in Indonesia grew ~% to reach USD ~ million during 2016 from USD ~ million during the previous year. The market is in its nascent stage with on-demand food delivery applications being a recent introduction in Indonesia.

The cumulative number of food delivery orders where customers preferred to pay in cash was evaluated at ~ million during 2016, accounting for ~% of overall food delivery bookings in the country. The total food delivery orders paid online was evaluated at ~ million during 2016, accounting for ~% of overall food delivery bookings in the country during the same period.

Go-Jek’s food delivery division (Go-Food) has dominated the on-demand food delivery market, registering a total of ~ million completed orders during 2016. Grab-Food recorded a total of ~ million completed orders during 2016, accounting for ~% of total on-demand food delivery bookings during the same year.

Indonesia On-Demand Beauty Service Market

The revenue generated from on-demand beauty services in the country grew ~% to reach USD ~ thousand during 2016 from USD ~ thousand during the previous year. As women participation in the labor force increases, they are strapped for time and prefer to avail beauty services at the convenience of their home.

Waxing has been the most requested on-demand beauty service in Indonesia, accounting for ~% of overall on-demand beauty care orders in the country during 2016. On-Demand facial and hair care services had contributed ~% and ~% respectively, to overall on-demand beauty care orders in Indonesia during 2016.

Snapshot of Indonesia On-Demand Laundry Service Market

The revenue generated from on-demand laundry services inclined ~% to reach USD ~ thousand during 2016 from USD ~ thousand during the previous year. One of the major factors that had stimulated higher growth during 2016 was the increasing number of service providers offering premium laundry services.

Snapshot of Indonesia On-Demand AC Service Market

The revenue generated from on-demand AC services in Indonesia enhanced ~% to reach USD ~ thousand during 2016 from USD ~ thousand during 2015. The total completed orders for on-demand AC servicing increased to ~ during 2016.  Conversely, the total GMV of the on-demand AC service market was estimated to be USD ~ thousand during the same year.

Snapshot of Indonesia On-Demand Cleaning Services Market

The revenue generated from on-demand cleaning services in Indonesia grew ~% to reach USD ~ thousand during 2016 from USD ~ thousand during the previous year. The on-demand cleaning service market is still in its inception stage; due to which, the total number of cleaning service orders completed by all companies operating in this space was estimated at ~ during 2016.

 

Future Outlook for Indonesia On-Demand Services Market

The revenue generated from on-demand services in Indonesia is projected to augment to USD ~ million during 2021 from USD ~ million during 2016, achieving a CAGR of ~% during the period 2016-2021. The prospective entry of millions of unbanked, under-banked and mobile wallet consumers into the financial system will result in the increasing prevalence of mobile payment. The rising number of individuals making everyday purchases through smartphones will drive the revenue of the on-demand services market in the country.

Key Topics Covered in the Report:

  • Indonesia On-Demand Services Market Overview
  • Indonesia On-Demand Transport Services Market Size by Revenue, 2015-2016
  • Market Segmentation by Mode of Transport (Car/Bike), on the basis of Revenue, 2016 and By Ride Preference (Non-Sharing/Sharing), on the basis of Revenue, 2016
  • Government Regulation in Indonesia On-Demand Transportation Services
  • Market Share of Major Players in Indonesia On-Demand Transport Services Market
  • Decision Making Process by Customers in Indonesia On-Demand Transport Services Market
  • Indonesia On-Demand Supermarket and Groceries Services Market Size by Revenue, 2015-2016
  • Market Segmentation by Product Categories on the basis of Revenue, 2016
  • Government Regulation in Indonesia On-Demand Supermarket and Groceries Services Market
  • Market Share of Major Players in Indonesia On-Demand Supermarket and
  • On Demand Services Market Indonesia
  • 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 Ac Cleaning Industry Indonesia
  • Indonesia On Demand Transport Market
  • On Demand Cleaning Market
  • On Demand Grocery Market
  • Online Grocery Market Indonesia
  • Indonesia Online Food Market
  • Food Delivery Market Indonesia
  • East Java Order Online Beauty Care
  • Car Rental Online Market Indonesia
  • Trends and Development On Demand Services Market
  • On-Demand Transportation Apps In Indonesia
  • On-Demand Services in Indonesia
  • Go-Jek Market Share Indonesia

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

 

https://www.kenresearch.com/blog/2017/06/indonesia-demand-services-market-outlook-2021-ken-research/