The development of on-demand delivery apps is exploding. During the pandemic, on-demand delivery companies such as Uber, Bolt, and Lyft have more than doubled their revenue. According to Statista.com, platform-to-consumer delivery revenue is now $70,741 million. Even before the coronavirus, experts predicted annual growth of 8.2 percent.
People have 24/7 access to a wide range of professional services and goods thanks to on-demand delivery apps. Food, clothing, maids, and dog walkers are all just a click away. Furthermore, user penetration of on-demand delivery apps has reached 9.5 percent, and spending on these apps is increasing across industries.