According to the TechSci Research report, “Online On-Demand Home Services Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F” The global online on-demand home services market is expected to grow during the forecast period due to the factors such as increasing penetration of smartphones and their increasing demand & applications.
The global online on-demand home services market refers to the industry that provides various home services through online platforms and applications. These platforms connect service providers with consumers who need services such as cleaning, repairs, plumbing, electrical work, gardening, personal grooming, and many others.
The rise of the on-demand economy and advancements in technology have transformed the way people access and avail home services. Instead of relying on traditional methods of finding service providers, consumers can conveniently book services through online platforms using their smartphones or computers.
All digital marketplaces that provide timely access to a wide range of home facilities are included in online on-demand home services. Due to the ease of accessibility and convenience given by these facilities, the global demand for these types of services is increasing. Similarly, these platforms connect clients with service providers and manage payment and billing operations, making it easier for users to pay. The increasing number of advertising and marketing initiatives is a trend that will contribute to the expansion of the industry.
The global online on-demand home services market has witnessed significant growth in recent years, driven by factors such as increased smartphone penetration and convenience-seeking behavior of consumers. However, the market is faced with challenges such as ensuring the quality and reliability of service providers, addressing customer concerns, and managing the logistics of service delivery.
Furthermore, the global online on-demand home services market has indeed been fueled by mobile application platforms. The rise of smartphones and the increasing availability of mobile internet access have transformed the way people access and avail services. Mobile applications have provided a convenient and efficient platform for connecting service providers with customers in the home services industry. These applications act as intermediaries, connecting individuals seeking services like house cleaning, plumbing, electrical repairs, home maintenance, and more, with professionals or service providers who offer those services.
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The global online on-demand home services market is segmented based on platform, services, mode of payment, and region.
Based on platform, the market is segmented into website and application. Among these, the application segment has a significant share of the market during the forecast period. Mobile application platforms have revolutionized the online on-demand home services market by providing a convenient, efficient, and scalable solution for connecting service providers and customers. The widespread adoption of smartphones and continuous advancements in mobile technology are expected to further fuel the growth of this segment in the future.
Based on services, the market is segmented into home cleaning sub-segmented into car wash, maids, and pest control, repairs & maintenance sub-segmented into plumbing, electrical, carpentry, health & wellness sub-segmented into beauty & salon services, fitness coach, and others sub-segmented into packing & moving and pet care. Among these, the home cleaning segment has a significant share in the market during the forecast period. The growing preference for convenience, coupled with the increasing adoption of digital platforms and the rising demand for professional home cleaning services, has propelled the growth of the home cleaning segment in the market. On-demand home cleaning services offer customization options to meet individual needs. Users can choose specific cleaning tasks, determine the frequency of service, and even request additional services as per their requirements.
Key market players operating in the global online on-demand home services market include:
- Amazon.com, Inc.
- Angie’s List, Inc.
- Housejoy India Private Limited
- TaskRabbit, Inc.
- Thumbtack, Inc
- UrbanClap Technologies India Pvt.
- AskforTask Inc.
- MyClean, Inc.
- Happy Helper A/S
- Porch.com, Inc.
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“The global online on-demand home services market will continue to rise due to the increasing use of smartphones, cheaper data availability, and growing related applications. With busy lifestyles and hectic schedules becoming the norm, consumers are increasingly seeking services that can be availed at their doorstep, eliminating the need for extensive research, appointments, and travel. The convenience of booking these services online, with options to select preferred time slots and service providers, has made it highly appealing to consumers worldwide.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Online On-Demand Home Services Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Platform (Website, Application), By Services (Home Cleaning (Car Wash, Maids, Pest Control), Repairs & Maintenance (Plumbing, Electrical, Carpentry), Health & Wellness (Beauty & Salon Services, Fitness Coach), Others (Packing & Moving, Pet Care), By Mode of Payment (Pre-Availing Online Payment, Cash Payment, Post-Availing Online Payment), By Region and Competition, has evaluated the future growth potential of online on-demand home services globally and provides statistics and information on market structure, size, share, and future growth. The report provides cutting-edge market intelligence and helps decision-makers to make sound investment decisions. Besides, the report also identifies the emerging trends along with essential drivers, challenges, and opportunities present in the market of online on-demand home services globally.
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