Contents Introduction 1 Why is the on-demand economy expanding at such a rapid pace?

More flexibility in the workplace 
As previously said, the on-demand business model allows employees to choose their own 
working hours and be compensated accordingly. This has increased workplace flexibility, 
allowing everyone to contribute to their full potential while studying, taking holidays, and 
conducting other daily tasks. And, in the end, provide greater employee happiness and 
corporate expansion. 
• 
Expanded scalability 
On-demand app services are extremely safe and scalable. As a result, when you integrate 
them into your business processes, you obtain a highly scalable way for meeting your 
company's various needs. 
These suggestions have convinced entrepreneurs and marketers that the on-demand business 
model is more profitable than the traditional approach and that switching to the former is a 
must.

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How can the on-demand economy impact your business?? 
If you're still unsure whether this is the best move for your company, scroll down right now. 
As per the Harvard Business Review, more than 22.4 Mn users spend over $57.6 Bn on On-
demand services. This includes spending of around $36 Bn on On-demand marketplaces, 
$5.6 Bn on taxi services, and $4.6 Bn on food/grocery delivery services, annually. 
Also, it has been noted that 86.5 Mn US citizens have used an on-demand service at least 
once in their lives. 
Another report states that 51% of people who offered online services in the on-demand 
economy saw a rise in their financial situation, while 64% of them are hoping for an 
improvement in the future. 

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Such on-demand mobile app economy statistics are clearly indicating the proliferating market 
scope and encouraging everyone to step into his economy and leverage a wider range of 
advantages. But, what’s more interesting is the way it is transforming the traditional business 
model.