CHART OF THE DAY: If not for Airbnb and Uber, funding for on-demand services would be falling

On-demand businesses on a tear.

They are companies that provide traditional services, like laundry or food, on-demand and often delivered. And it seems like there is a new one almost every week.

On the face of it, investment in the sector is robust. CB Insights estimates 93% more funding has been delivered to on-demand startups in the first nine months of 2015 than in all of 2014.

However, this chart shows that this funding is overwhelmingly dominated by just two on-demand companies: Airbnb and Uber.

In fact, funding for the rest of the sector is actually trending down.

Airbnb and Uber have together closed more than $US6 billion in funding this year.

To put this in perspective, their rivals only scored $US530 million in the case of Lyft, and $US80 million for Postmates.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at