Online On-demand Home Services Market: Segmentation by Service (Home Care & Design, Repair & Maintenance, Health, Wellness & Beauty, and Others) and Geography (APAC, North America, Europe, South America and MEA) – Forecasts up to 2025|Technavio | national news

NEW YORK, January 26, 2022 /PRNewswire/ — The online home services on demand market is segmented into two categories based on the service (home care and design, repair and maintenance, health, wellness and beauty, and others) and geographic (APAC, North America, Europe, South Americaand MEA). Market share is expected to grow by $4730.31 billion from 2020 to 2025, and the growth momentum of the market accelerate at CAGR over 70%.

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Parent Market Analysis

The Global online home services on demand The market is classified by Technavio as part of the global specialty consumer services industry, which is a subset of the global diversified consumer services market. Revenues generated by providers of consumer services, such as residential services, renovation and interior design services, are included in the global specialized consumer services market.

Technavio uses total revenue generated by manufacturers to estimate the size of the global on-demand online home services market. The external factors influencing the growth potential of the Parenting market in the coming years have been thoroughly studied in our research analysis, to learn more about the growth levels of On-demand Online Home Services throughout the forecast period, Download a free sample.

Online on-demand home services value chain analysis

To maximize profit margins and evaluate business plans, an end-to-end understanding of on-demand online home services is necessary. The report will help vendors reduce costs and improve customer services over the forecast period.

  • Submissions
  • Operations
  • Marketing and Sales
  • A service
  • Support activities
  • Innovation

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Supplier Information

The market for online on-demand home services is fragmented, and vendors are deploying various organic and inorganic growth strategies to compete in the market. To make the most of this opportunity, sellers in the market should focus more on the growth prospects of the fast-growing segment while maintaining their positions in the slow-growing segments.

We provide a detailed analysis of the vendors operating in the Online On-demand Home Services Market including some of the vendors such as Club Alfred Inc., Amazon.co.uk Inc., ANGI Homeservices Inc., AskforTask Inc., ByNext Inc., Helpling GmbH & Co. KG, MyClean Inc., ServiceWhale Inc., TaskRabbit Inc., ServiceMaster Global Holdings Inc.

Drawing on competitive insights and benchmarking, our Online On-demand Home Services Market research reports are designed to provide entry-level support, customer profile and M&A along with a strategic go-to-market support.

Product information and news

  • Club Alfred Inc. – Partners with property owners and managers to provide residents with an exceptional living experience by providing state-of-the-art technology with personalized hospitality services.
  • Amazon.co.uk Inc. Offers home services such as home theater installation, furniture assembly, outdoor equipment assembly, TV wall mounting, office chair assembly, rowing machine assembly, assembly of ellipticals and others.
  • AskforTask Inc. Offers home services such as cleaning, DIY, plumbing, electrical, painting, interior painting, lawn mowing and other general services.

Online on-demand home services market forecast report offers in-depth information on key vendor profiles and offeringsDownload a free sample report

Geographical Highlights

The growth of the domestic online on-demand market share in the APAC region will be significant during the forecast period. China and India are the major markets for on-demand online home services in the APAC region. The growth of the market in this region will be faster than the growth of the market in Europe and North America.

The growing number of smartphone and internet users in the Asia-Pacific region is driving the expansion of the online on-demand home services market, making online on-demand home services applications more accessible. The increasing adoption of on-demand home service applications by consumers stems from the high rate of internet penetration and hence works as a major factor driving the demand for online on-demand home services in APAC.

Furthermore, China is the leading APAC producer of on-demand online home service solutions, thanks to the growing number of smartphone and internet users, making online home service applications easily accessible In the region.

To unlock the best strategies practiced by the region that generates maximum growth, View sample report

Key Market Dynamics-

  • Key Drivers of Online On-demand Home Services Market:
    • Advantages of on-demand online home services

All digital marketplaces that provide easy access to a wide range of home services are categorized as on-demand online home services. On-demand online home services are gaining popularity around the world due to their convenience and accessibility, flexibility of service providers in terms of working hours and working conditions, appointment scheduling you and ease of payment. Because there are so many business prospects, there is plenty of room for new ventures. During the projected period, the growing number of startups is expected to fuel the expansion of the on-demand online home services market.

  • Key Trends in the On-demand Online Home Services Market:
    • Increase in the number of advertising and marketing campaigns

The growing influence of digital media is one of the most significant developments in the on-demand online home services market. One of the most important aspects of the marketing strategy of online on-demand home service providers is service visibility. Several online on-demand home service businesses use digital media marketing methods to improve sales and increase service visibility. Companies will be forced to outsource maintenance tasks due to the lack of experienced staff and the use of outdated equipment. Sellers were encouraged to use social media sites such as Facebook and YouTube as a result.

Download a free sample for highlights on market drivers and trends affecting on-demand online home services Marlet.

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Scope of the online on-demand home services market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate to 70% CAGR

Market Growth 2021-2025

$4730.31 billion

Market structure

Fragmented

Annual growth (%)

37.00

Regional analysis

APAC, North America, Europe, South America and MEA

Successful market contribution

APAC at 38%

Main consumer countries

USA, China, Germany, India and UK

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Airtasker Pty Ltd., Alfred Club Inc., Amazon.co.uk Inc., ANGI Homeservices Inc., AskforTask Inc., ByNext Inc., Helpling GmbH & Co. KG, HomeServe Plc, Houzz Inc., MyClean Inc., Oneflare Pty Ltd., Paintzen Inc., porch.com Inc., Pro.com Home Services LLC, ServiceWhale Inc., Super Home Inc., TaskEasy Inc., TaskRabbit Inc., ServiceMaster Global Holdings Inc., Urban Co., YourMechanic Inc., Zaarly LLC

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

About Us:

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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