The advent of cutting-edge technologies has revolutionized the food ordering and delivery industry. As a result, restaurants have been able to increase delivery by 20 percent in the past five years. Estimations reveal that online food delivery sales will grow as high as $220 billion by 2023. According to Deutsche Bank’s predictions, $24 billion online grocery market will surge to 120$ billion by 2025. The reason behind this improvement is the recent proliferation of delivery models as well as fleet types. In addition, smartwatch, as one of the significant tech innovations, is taking food delivery optimization to the next level. Food delivery companies can link their dedicated iOS and Android apps to smartwatches for improved and accurate updates.
The market is witnessing even more innovation as restaurants are actively partnering with third-party companies for food delivery. These third-party companies specialize in assisting restaurants with takeaway orders. Aggregators, for instance, offer an online marketplace wherein consumers can easily locate a restaurant and place an order. Similarly, the new-delivery players help consumers in making a comparison between various food offerings within an app.
The modern food ordering and delivery tech solutions and services companies are continually proving their value, driving customer experience and bottom line for restaurants. We hope this issue of Food and Beverages Tech Review helps you build the partnership you and your firm need to drive success.
We present to you Food and Beverages Tech Review’s “Top 10 Food Ordering and Delivery Tech Service Providers - 2019”.