Press release
Online On-demand Home Service Market to Touch USD 7,280 Million By 2026: Facts & Factors
According to a research report published by Facts and Factors, the global online on-demand home service market in 2019 was approximately USD 1,320 Million. The market is expected to grow at a CAGR of 28% and is anticipated to reach around USD 7,280 Million by 2026.Online on-demand home service is the economic activity conducted by technology companies to fulfill customer demand on time. Growing penetration of internet and increasing number of mobile apps have made it possible to shop globally from any location. According to internet world stats, global internet penetration rate is around 55.1% and is growing at a rapid rate due to urbanization and advancement in technology. In addition to the above factor, availability of multiple options on single platform, easy booking and payment options, and extended varieties and discount options as compared to offline shopping is acting as a fuel to the lamp for this market.
Request Free Sample Copy of Research Report @ https://www.fnfresearch.com/sample/online-on-demand-home-service-market-by-type-1218
Growth in the smartphone users along with rising trend of online professional services are some of the high impact rendering factors driving the market growth at a rapid pace. According to Delloite’s report on global mobile consumer’s trend, 80% of the world population is having smartphone out of this around 30% of the population use smartphones for online product payment and in-store payments. Conversely, data theft is a major concern for online services that hinders the market growth. Nonetheless, order-focused delivery and time saving are some of the factors that may drive the market in the coming years.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the online on-demand home service sector. Key strategic developments in the Online On-demand Home Service market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the online on-demand home service market are appropriately highlighted in the report.
Significant players for the online on-demand home service market are Amazon Web Services (AWS), Walmart, The home depot, Flipkart, Handy, Netflix, Hello Alfred, YourMechanic, ebay, HomeAway, Helpling, Zaarly, Airtasker, AskForTask, CLEANLY, Laurel & Wolf, and ServiceWhale among others.
Get Complete List of Additional Market Players, Ask for a Free Sample Report: https://www.fnfresearch.com/sample/online-on-demand-home-service-market-by-type-1218
By geography, the online on-demand home service market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the online on-demand home service market in terms of revenue share for the year 2018. The growth of the region is mainly due to large percent of public using shred or on-demand services online services. For instance, around 72% of the Americans are engaged in some kind of shred or on-demand activities such as purchase of second hand goods online, use of programs that offer same day delivery of the goods, ticket purchasing for sports and entertainment from online ticket resellers, and many more. In addition, U.S. consumers are spending around USD 57 Billion annually in the on-demand economy. As per the report published by New York Times U.S. held the largest market share and expected to witness the highest CAGR in the coming years. Additionally, several startup companies are involved in fund raising activities. For instance, Boston-based Renoviso has raised 5 Million USD that provides on-demand booking for home construction projects, Handy has raised USD 109 Million for on-demand house cleaning service; New York-based Paintzen has raised USD 12 Million for on-demand house painting services.
The online on-demand home service market research report delivers an acute valuation and taxonomy of the online on-demand home service industry by practically splitting the market on the basis of different detection, end use, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the online on-demand home service industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the online on-demand home service industry is provided for the leading economies of the world.
Request Customized Copy of Report @ https://www.fnfresearch.com/customization/online-on-demand-home-service-market-by-type-1218
The global online on-demand home service market is analyzed on the basis of type and service. Based on type the online on-demand home service market is divided into cellular and non-cellular. By service, the global online on-demand home service market is segmented into food delivery, retail, healthcare, media & entertainment, beauty, carpentry, home welfare, and others. The home welfare segment is further classified into laundry, lawn care, house cleaning, house painting, electrician, plumbing, construction & renovation, and others. Food segment held largest revenue market share in the year 2018. On the other hand, home welfare segment is expected to witness the highest CAGR in the analyzed period. The growth of the online on-demand food delivery service is mainly due to order-focused food delivery services, easy accessibility and convenience.
Browse detail report with in-depth TOC @ https://www.fnfresearch.com/online-on-demand-home-service-market-by-type-1218
This report segments the online on-demand home service market as follows:
Global Online On-demand Home Service Market: Type Segment Analysis
Cellular
Non-Cellular
Global Online On-demand Home Service Market: Service Segment Analysis
Food
Retail
Healthcare
Media & Entertainment
Beauty
Carpentry
Home Welfare
Laundry
Lawn Care
House Cleaning
House Painting
Electrician
Plumbing
Construction & Renovation
Others
Others
Contact Us:
Facts & Factors
A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: sales@fnfresearch.com
Web: https://www.fnfresearch.com
About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Online On-demand Home Service Market to Touch USD 7,280 Million By 2026: Facts & Factors here
News-ID: 2159388 • Views: …
More Releases from Facts & Factors
Trending: Military Vehicle Electrification Market Size & Share To Exceed USD 9.5 …
The Military Vehicle Electrification Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation. The report titled Military Vehicle Electrification Market is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market.
Request Access Full Report is Available @ https://www.fnfresearch.com/military-vehicle-electrification-market
This covers market…
Global AIOps (Artificial Intelligence for IT Operations) Market - Size, Share, G …
The research report presents a strategic analysis of the AIOps (Artificial Intelligence for IT Operations) Market analysis through top players, size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors. Further, the market attractiveness index is provided based on a five-forces analysis.
View the Full Report with Table of Contents @ https://www.fnfresearch.com/artificial-intelligence-for-it-operations-market
This report mainly focuses on the top players and their…
Exceptional Growth in Global Quantum Dot Solar Cell Market Size, Share to Gain U …
The Quantum Dot Solar Cell Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation.
Request Access Full Report is Available @ https://www.fnfresearch.com/quantum-dot-solar-cell-market
The report titled "Quantum Dot Solar Cell Market" is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. This…
Global Energy Meter Market Size, Share, Growth, Business Strategies and Forecast …
The Energy Meter Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation.
Request Access Full Report is Available @ https://www.fnfresearch.com/energy-meter-market
The report titled Energy Meter Market is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. This covers market demands, major…
More Releases for USD
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com.
There is a $3,000,000…
Primary Alkaline Batteries Market Worth USD 14.58 Billion USD by 2026
The Global Primary Alkaline Batteries market size was valued at 10.31 Billion USD in 2019 and is projected to reach 14.58 Billion USD by 2026, at a CAGR of 5% during the forecast period.
An Primary Alkaline Batteries is a type of primary battery, which derives its energy from the reaction between zinc metal and manganese dioxide.
Get Detailed Analysis of COVID-19 Impact on Primary Alkaline Batteries Market @ https://reports.valuates.com/request/sample/QYRE-Othe-0I169/Global_Primary_Alkaline_Battery_Market
This report presents…
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa."
These days many businesses are adopting a market research report…
Eubiotics Market Set to Exceed USD USD 8.60 Billion by 2026
According to a new study published by Polaris Market Research the global eubiotics market is anticipated to reach USD 8.60 billion by 2026. The tightening and stringent restrictions on the use of antibiotic growth promoters along with the surging consumer pressure on food safety and consumer preferences are expected to be the major factors driving demand for these products that work as substitutes to in-feed eubiotics.
Eubiotics or specific organic…
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and…
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size…
