The global online on-demand home services market size was estimated at USD 3.71 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 16.7% from 2022 to 2030.
This online on-demand home services market report details recent developments, trade laws, import-export analysis, production analysis, value chain optimisation, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market laws, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and market share. Contact We Market Research for an Analyst Brief to learn more about the online on-demand home services market. Our staff will assist you in making an informed choice to expand your market.
A software application that operates online and makes services accessible to users via an interface provides an online service, also referred to as software as a service (SaaS). In other words, these online services are everything that is made available online that permits subscribers to communicate with one another and provides unrestricted access to any information. These services, which offer both free and paid choices, can help users find the information they need using a search engine. They can be simple or complex. Customers can use online on-demand home services to quickly and affordably test out various services in the convenience of their own homes.
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Online On-demand Home Services Market – Segmentation
The Online On-demand Home Services Market is been segmented based on platform and type.
Based on platform, the market is been segmented into,
• Web
• Mobile
Based on type, the market is been segmented into,
• Home Cleaning
• Repairs and maintenance
• Healthcare
• Others
Online On-demand Home Services Market – Key Market players
Amazon.com, Inc.; Angi Inc.; Handy; Helpling, HomeAdvisor; HouseJoy; Task Easy; TaskRabbit; Thumbtack; Urban Company are the major players that are driving the growth of the market during the forecast period.
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The report combines in-depth quantitative analysis with exhaustive qualitative analysis, ranging from a macro overview of the overall market size, industry chain, and market dynamics to micro details of segment markets by type, application, and region. As a result, the report offers a comprehensive view of the market for online on-demand home services and offers a thorough understanding of all of its key facets. The report also introduces players in the market from the standpoint of market share, concentration ratio, etc. and describes the top companies in detail for the competitive landscape so that readers can get a better understanding of their rivals and the competitive environment in general. Digital is present in practically every aspect of our lives, and its uses are becoming diverse. New businesses have been created to suit the rising demands of consumers for a range of services, including financial and retail, as well as the ability to watch movies in the comfort of their own homes. This has significantly aided in the market’s overall growth over the anticipated timeframe.
Platform, Service, End-User, Application, and Region are the key segments used to divide the online on-demand home services industry. The development of various tactics to help discover primary application areas and the gap in the target market is made possible by the expansion of distinct segments, which aids our clients in learning about the numerous growth variables anticipated to be prevalent across the market. The research offers a thorough study of the market and includes insightful information, actual details, historical data, and market statistics that have been scientifically backed and approved by the relevant industries. Additionally, it contains projections based on the proper methodology and set of assumptions.
Online On-demand Home Services Market – Growth Factors
The growth in the demand for deliver-to-home services is the major factor that is driving the growth of the market during the forecast period. The post-covid scenario has created a sense of panic in the minds of major population that is restricting them to step out of their home unnecessarily and this factor is making them to order their essentials at their place and thus it is driving the growth of the market during the forecast period. Attractive offers provided by the on-demand home service companies to attract the customers is also a factor that is fostering the growth of the market during the forecast period. However, the rising cost of these companies owing to the increasing competition is estimated to slowdown the growth of the market during the forecast period.
Some of the key questions answered in this report:
● Who are the global key manufacturers of the Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
● What are the key drivers, restraints, opportunities, and challenges of the Online On-demand Home Services market, and how they are expected to impact the market?
● What are the market opportunities and threats faced by the vendors in the global Industry?
● What are the upstream raw materials and manufacturing equipment along with the manufacturing process of Online On-demand Home Services?
● Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
