Online On-demand Home Services Market to Grasp Outstanding Growth of USD 6396.81 million by 2029, registering a CAGR of 8.0%, Size, Share, Trends, Key Drivers, Growth Opportunities and Competitive Outlook
“An influential Online On-demand Home Services Market report contains the most recent market information, allowing companies to conduct in-depth analysis of the Online On-demand Home Services Market industry and future trends. It also helps gauge brand awareness and insights among potential customers, uncovering uncertainties that may arise due to changes in business activities or the introduction of new products to the market. This market analysis report is a detailed study of the Online On-demand Home Services Market industry, explaining market definitions, classifications, applications, engagements, and global industry trends. The Online On-demand Home Services Market research report serves as a significant component of business strategy.
Furthermore, for businesses, understanding consumer demands, preferences, attitudes, and changing tastes regarding specific products is crucial. This valuable information can be gleaned from the credible Online On-demand Home Services Market report. The report also sheds light on the various inhibitors and motivators of the product market in both quantitative and qualitative approaches, providing accurate information. The Online On-demand Home Services Market report also presents an analysis of prime manufacturers, trends, opportunities, marketing strategies, market impact factors, and consumer needs across major regions, types, and applications globally, while considering the past, present, and future state of the Online On-demand Home Services Market industry.
There is digital’s pervasiveness in almost every part of our life and its applications have become more extensive. Customers’ increasing expectations for a variety of services, such as retail and financial, as well as the ability to view movies from the comfort of their own homes, has resulted in the formation of new businesses to meet these needs. This has been a significant contributor to the market’s overall expansion over forecasted period.
The online on-demand home services market was valued at USD 3456.00 million in 2021 and is expected to reach USD 6396.81 million by 2029, registering a CAGR of 8.0% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.
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An online service, often known as software as a service (SaaS), is offered by a software application that runs online and makes services available to users via an interface. To put it another way, these online services relate to any information or services made available over the internet that allow subscribers to speak with one another while also enabling unrestricted access to all information. These services can be basic or complicated, and they can assist users find needed information using a search engine, with both free and paid options accessible. Customers can use online on-demand home services to try out different services in the comfort of their own homes with just one click, saving both time and money.
Report Scope and Market Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2019 – 2014) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
| Segments Covered | By Types (Cellular, Non-cellular), Services (Media and Entertainment, Carpentry, Food, Home Welfare, Beauty, Retail, Healthcare) |
| Countries Covered | U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
| Market Players Covered | Microsoft (U.S.), Accenture (Ireland), OutSystems – Software em Rede, S.A. (U.S.), Hewlett Packard Enterprise Development LP (U.S.), GitLab, B.V (U.S.), abc.xyz (U.S.), Google (U.S.), Handy (U.S.), Hello Alfred (U.S.), Amazon (U.S.), YourMechanic (U.S.), Hello Alfred (U.S.), Amazon.com Inc. (U.S.), ANGI (U.S.), AskforTask & Airzai (U.S.), ByNext (Singapore), Helpling (UK), MyClean (U.S.), ServiceWhale Inc. (U.S.), TaskRabbit (U.S.) and The ServiceMaster Company, LLC (U.S.) |
| Market Opportunities |
|
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increased Demand for Services
Customers’ increasing expectations for a varied variety of services, such as retail and financial, as well as the ability to view movies from the comfort of their own homes, has resulted in the formation of new businesses to meet these needs. Additionally, the benefits provided by these services such as saving of time, flexibility and mobility also further boosts the demand for the market. This has been a significant contributor to the market’s overall expansion.
The surging usage of smartphones, availability of data at a cheaper rate along with its increasing demand and applications will further propel the growth rate of online on-demand home services market. Additionally, the rising demand for easier accessibility of products along with the rapid urbanization will also drive market value growth over forecasted timeframe. Furthermore, the factors such as the influence of digitalization, and rising level of income of people around the world also boosts the overall market’s growth.
Opportunities
- Growing Advancements and Investments
Furthermore, the increasing investment made by end-use enterprises on the cloud-based solution coupled with rapid growth of the m-commerce platform further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the development of technologically advanced apps to deliver timely services will further expand the future growth of the online on-demand home services market.
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The online on-demand home services market is segmented on the basis of types and services. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Types
- Cellular
- Non-cellular
On the basis of types, the online on-demand home services market has been segmented into cellular and non-cellular.
Services
- Media and Entertainment
- Carpentry
- Food
- Home Welfare
- Beauty
- Retail
- Healthcare
On the basis of services, the online on-demand home services market is segmented into media and entertainment, carpentry, food, home welfare, beauty, retail and healthcare.
The report can answer the following questions:
- Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Online On-demand Home Services Market
- Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Online On-demand Home Services Market
- Different types and applications of Online On-demand Home Services Market share of each type and application by revenue.
- Global of Online On-demand Home Services Market size (sales, revenue) forecast by regions and countries from 2022 to 2028 of Online On-demand Home Services Market
- Upstream raw materials and manufacturing equipment, industry chain analysis of Online On-demand Home Services Market
- SWOT analysis of Online On-demand Home Services Market
- New Project Investment Feasibility Analysis of Online On-demand Home Services Market
Key Questions Answered in This Report: –
- How has this Online On-demand Home Services Market performed so far and how will it perform in the coming years?
- Which are the key product types available in this Online On-demand Home Services Market?
- Which are the major application areas in the Online On-demand Home Services Market?
- What are the key distribution channels in the global Online On-demand Home Services Market?
- What are the key regions in this Online On-demand Home Services Market?
- What are the price trends?
- What are the various stages in the value chain of this industry?
- What are the key driving factors and challenges in the market?
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