What Are the Top On-demand Apps In India?
Living in the smartphone era, the concept of on-demand apps is not novel. On-demand apps connect customers with service providers instantly and allow them to get things done within a stipulated time frame with real-time tracking features. Indeed, on-demand apps have changed how we eat, entertain, travel, and even communicate. The on-demand industry is getting big day by day and growing at an astronomical pace, and its impacts will be experienced in just about every sector and industry.
The sole reason behind this growing industry is “convenience,” and today’s modern customers value time more than anything else in the world. Whether they want to order food from a nearby restaurant, medicine, groceries, or even book flight tickets, everything can be done within the span of their palm. Heading towards digitization, India is rapidly marching towards becoming a technologically connected economy as there are many eCommerce founders in India.
The push for the proliferation of smartphones, wide access to the internet, and booming online payments are fueling the Indian on-demand journey towards a billion-dollar digital economy by 2025. The widespread usage of smartphones is being seen as a catalyst for overall on-demand business growth, and due to the combination of favorable demographics and government policies, India presents a unique and solid growth story.
Moreover, with growing internet penetration and disposable incomes, Indian people, especially urban Indian people, are experiencing a massive change in their ordering and shopping habits. Today’s modern people are using their phones to buy products and services; with the big three – Zomato, BigBasket, Swiggy-entering the on-demand sector in India, the market is rapidly maturing and expanding its footprints to most locations of the country.
Now, before jumping to the Indian on-demand apps, let’s know why the Indian on-demand market is seeing huge potential.
The Rise in India On-demand Economy
- In light of the COVID pandemic, India has witnessed a massive surge in the on-demand sector as more folks now prefer to order products online. As per an independent estimate, the market is expected to touch $200 billion by 2026. The consumers’ growing interest in online ordering has also invited many new direct to consumers companies, startups, and digital sellers to establish their presence in the online retail space.
- These services range from laundry, food, groceries, payments, medicines, car rental, and many more. Hence, leveraging the benefits of on-demand app development results in increased ROI as businesses shorten their route to market. The Indian on-demand industry is bound to experience massive growth over the years. And this growth is bound to be led by the industry stalwarts like Zomato, BigBasket, and Ola.
- Favorable government policies, M&As, and the overall startup wave are other reasons for the development in this sector. Due to this, probably, demand for third-party logistics is also increasing. Moreover, the pandemic has left a serious impact on on-demand apps. Whether we talk about food, groceries, medicines, or apparel, on-demand apps have experienced significant growth during this time. Underneath are some of the reasons why the Indian on-demand economy is expected to flourish in the years to come,
- Improved user experience
- More customers
- Increasing usage of the digital payments
- Growth of multiple sectors
- Rise of the digital infrastructure
- Growing social media consumption
- Seeing these reasons, Zomato, Swiggy, Ola, UrbanClap, etc., are expanding their services and building a strong customer base. In addition, various novel players such as Licious, TenderCuts, Grofers, etc., are also a part of this organized and exponentially growing on-demand segment in India.
- Interestingly, along with products and services, Indian OTT platforms are about to grow $15 billion in the next decade as more than 51% of households use subscription-based content services. These form a part of video on-demand offerings.
Top Indian On-demand Apps
Blinkit - Instant Delivery Service
Blinkit is an Indian instant delivery service, established in 2013 and based out of Gurgaon. From fruits to snacks to fresh veggies to groceries and even chargers, Blink.it is bound to deliver everything in under 10 minutes and allow customers a wide range of options to choose from. The platform is also having all the brands and their products making it even easier for users to order almost anything. Right now, the platform operates across all the major Indian cities including Allahabad, Bengaluru, Chennai, Delhi, Hyderabad, Jaipur, Pune and many more.
UrbanClap - Access Multiple Home Services
Dunzo - Hyperlocal Delivery Platform
Byju's - Top Online Learning App
Swiggy - Premium Food Delivery Application
Ola Cabs - Best Taxi Application
Conclusion
While the on-demand industry continues to change, consumers’ expectations of services and products have also changed. In any case, businesses will have to determine how they will respond to developments in India’s evolving on-demand landscape to ensure they are well-prepared to take advantage of golden opportunities in this growing sector.
