On-Demand Economy Statistics 2021

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On-Demand Economy Statistics 2021 Insights That
Proves "Scope Of On-Demand Startups"
The new trend has arrived among people today. We
have started booking taxis, ordering food, book
doctor appointments, hiring electricians,
plumbers, beauticians, etc instantly from our
smartphones. Experts in the on-demand
applications industry predict that there is
going to be a drastic shift in the market. As
this industry is taking over all the traditional
business models, the existing enterprises and
entrepreneurs are understanding the potential of
this trillion dollar industry. And slowly many
startups and existing business models have
started adapting to the on-demand economy.
The On-Demand Economy Harvard Business Reports
predicted that the on-demand economy is
attracting 22.4 million customers yearly. And
also spending 57.6 billion dollar on this
economy. Uber and Airbnb are the most well now
on-demand services. They were the game changer of
this industry. Although Uber and Airbnb define
the on-demand market, they were not the only two
companies offering the service. Today there are
thousands of similar services launched and
existing in the market all over the globe. The
friction between the
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buyer and the seller was eliminated the on-demand
applications. Now, many on-demand business
models are building excellent mobile applications
to provide the best services to their customers.
The mobile application became the key to success
for any of the on-demand business models.
Facts And Statistics About On-Demand
Economy Burson-Marsteller is a leading global
strategic communications and public relations
firm conducted a survey on the on-demand
economy(USA). According to this survey,

• 42 of the adult population that is 86.5 million
  Americans have used at least one of the
  on-demand services.
• Similarly, 22 of the adult population
  approximately 45 million Americans have offered
  on-demand service. Among this 22 of the
  population, 51 of them addressed that their
  financial status was enhanced in the last few
  years. And also 64 among the 22 of the
  population who offer on-demand services admit
  that they believe their financial situation will
  increase in the future years.
• 41 of people using and offering on-demand
  services lives in urban areas.
• Startups in the on-demand economy are under 35
  years of age.
• Intuit Inc. is an American business and financial
  software company that predicted and conducted a
  survey on on-demand economy. According to this
  survey,

1. 70 of the on-demand employees are enjoying and
   satisfied with their job. And 81 of the workers
   are planning to continue their job with the same
   provider for the following year also.
2. Because of the flexibility and comfortable
   schedule 46 of workers are working in this
   on-demand industry. So it is easy for 33 of
   people to work in more than one platform.

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3. For earning supplemental income, 63 of
workers are working in the on-demand economy.
And they admit that they are happy to work in
this industry. Future Of On-Demand
Economy Taking the above statistics and datas
from venture capital firms into account, it is
confidently clear that the new on-demand economy
is here to stay for years. The consumer trend,
needs, and expectations are changing, it is very
important to cope up with the trend by changing
the business model. In our busy running lives, we
can get almost any service on our doorstep with
few swipes in our smartphones. This is the main
reason many users are engaging in this on-demand
market.
The New On-Demand Business Economy The foremost
thing to understand is all the customers expect
in a service is flexibility, personalization,
responsiveness and user-friendly application. One
must fulfill all these desires to grow your
on-demand business. There are many on-demand
business ideas like online food delivery, taxi
booking, on-demand multi-services business,
e-learning platform, online ride sharing
business, on-demand video streaming platform,
etc. One of the main roles in this industry is
played by mobile applications. Got a million
dollar on-demand business ideas? And in a search
for a right technology partner to build your
on-demand business application? Get in touch with
us now!
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