Platform Delivery - Americas

Americas

Highlights

The projected revenue in the Platform Delivery market in the Americas is estimated to reach US$67.83bn by 2024.
This market is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 2.66%, resulting in a projected market volume of US$77.35bn by 2029.
By 2029, the number of users in the Americas' Platform Delivery market is anticipated to reach 197.3m users.
The user penetration rate is predicted to be 16.7% in 2024 and is projected to increase to 18.8% by 2029.
The average revenue per user (ARPU) is expected to be US$398.50.
In global comparison, China is expected to generate the highest revenue in the Platform Delivery market, with US$166.80bn projected for 2024.
Furthermore, China is anticipated to have the highest user penetration rate in the Platform Delivery market, with a projected rate of 52.8%.
In the Americas, the platform delivery market is experiencing rapid growth, with Brazil emerging as a key player in the region.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Platform Delivery market in Americas has been experiencing significant growth in recent years, driven by a number of factors including increasing demand for online services, advancements in technology, and changing customer preferences.

Customer preferences: Customers in the Americas are increasingly looking for convenient and efficient ways to access online services, including e-commerce, food delivery, and ride-sharing. As a result, there has been a growing demand for platform delivery services that can provide fast and reliable delivery of goods and services. Customers also expect a high level of transparency and real-time tracking of their orders, which has led to the development of new technologies and delivery models.

Trends in the market: One of the key trends in the Platform Delivery market in Americas is the rise of on-demand delivery services. These services allow customers to order goods and services from their mobile devices and receive them within a few hours or even minutes. This trend has been particularly strong in urban areas, where customers are looking for fast and efficient delivery options.Another trend in the market is the increasing use of drones and autonomous vehicles for delivery. These technologies have the potential to revolutionize the delivery industry by reducing delivery times and costs, while also improving safety and efficiency. However, there are still regulatory and logistical challenges that need to be addressed before these technologies can be widely adopted.

Local special circumstances: The Platform Delivery market in the Americas is highly competitive, with a number of established players and new entrants vying for market share. Local regulations and labor laws can also vary widely between countries, which can impact the delivery models and services that are available.In addition, the COVID-19 pandemic has had a significant impact on the Platform Delivery market in the Americas, with many customers turning to online services for their daily needs. This has led to a surge in demand for platform delivery services, as well as increased pressure on delivery companies to ensure the safety of their workers and customers.

Underlying macroeconomic factors: The Platform Delivery market in the Americas is also influenced by a number of macroeconomic factors, including GDP growth, inflation, and consumer spending. In countries with strong economic growth and high levels of consumer spending, there is typically a greater demand for platform delivery services. However, inflation and economic uncertainty can also impact customer preferences and spending habits, which can in turn affect the delivery market.

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.