Online On-Demand Home Services Market is Fueled by Home Cleaning During the Forecast Period
The global
online on-demand home services market is driving during the forecast period
owing to factors such as increasing adoption of mobile applications, and
expansion of service offerings.
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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Online On-Demand Home Services Market.”
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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