LATAM Hyperlocal Services Market Size & Outlook, 2025-2033


LATAM Hyperlocal Services Market Insights

  • Deep Market Insights analysis indicates that the LATAM Hyperlocal Services Market size, which was USD 8.67 Billion in 2024, is projected to attain USD 26.28 Billion by 2033.
  • The market is expected to register a CAGR of 13.26% over the period 2025–2033.
  • In 2024, Food Delivery emerged as the dominant Service Type based on market size.
  • Home Services is projected to register the fastest growth, positioning it as the most attractive Service Type segment over the forecast horizon.

Other Key Findings


  • In 2024, LATAM accounted for 5.39% of the global Hyperlocal Services Market size.
  • By 2033, United States is projected to lead the global market in terms of market size.
  • Argentina is projected to emerge as the fastest-growing market in LATAM, reaching USD 5.24 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 8.67 Billion
Market Size In 2033 USD 26.28 Billion
Largest segment Food Delivery
Units Revenue in USD Billion
CAGR 13.26% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
LATAM
  1. Brazil
  2. Mexico
  3. Argentina
  4. Colombia
  5. Chile
Service Type
  1. Food Delivery
  2. Grocery Delivery
  3. Home Services
  4. Logistics
Platform
  1. Mobile App
  2. Web

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