Press release
On-Demand Home Services Market Current Scenario and Future Prospects: TaskRabbit, HomeAdvisor, Thumbtack
On-Demand Home Services Market
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According to HTFMI, the On-Demand Home Services Market is estimated to reach USD 500 billion by 2030, currently pegged at USD 210 billion. In 2019 the market size was ~USD 140 billion since then a growth rate of CAGR 12.5 % was witnessed in the market. The global On-Demand Home Services Market is Segmented by Application (Home Maintenance, Emergency Repairs, Cleaning, Landscaping, Moving Services), by Type (Cleaning Services, Home Repair & Maintenance, Plumbing, Electricians, Pest Control), Business scope, Manufacturing, and Outlook - Estimated to 2030.
Finally, every segment of the global On-Demand Home Services market is assessed both subjectively and quantitatively to consider both the global and regional markets equally. This market study provides fundamental information and accurate industry data, providing a thorough analysis of the market based on current trends, drivers, constraints, and opportunities. The SWOT and Porter's Five Forces analyses are used in the research to provide the global financial challenge.
Definition:
On-demand home services refer to a wide range of household services provided as and when needed, typically through a mobile app or platform. These services may include cleaning, repairs, plumbing, and other maintenance tasks. With the rise of the gig economy, these services are increasingly popular for their convenience and cost-effectiveness, meeting the growing consumer demand for quick and easy solutions for home maintenance.
Market Trends:
Adoption of AI and smart home integration, expansion of online platforms
Market Drivers:
Increasing demand for convenience, growth of gig economy, technological advancements in service booking
Market Challenges:
Regulatory issues, inconsistent quality of service, data security concerns
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Global On-Demand Home Services Market by Key Players: Handy, TaskRabbit, HomeAdvisor, Thumbtack, Porch Group, UrbanClap, Pro.com, ServiceMaster, Blue Diamond Home Services, Roto-Rooter, Helpling, Mr. Appliance, Tidy, Urban Company, LawnStarter
Geographical Analysis: North America, Europe has shown robust growth in the On-Demand Home Services market and the Asia-Pacific, Latin America region is growing at the fastest pace.
Informational Takeaways from the Market Study: The study, "Global On-Demand Home Services," compares the status of notable companies in the market with the impact of coronavirus, having thoroughly investigated and evaluated their data. The improvement of the major competitors operating in the market was separated using measurable techniques, which included assumption return debt, Porter's five powers analysis, and SWOT analysis.
Key Developments in the Market: This section of the Global On-Demand Home Services study summarizes the key industry developments, including confirmations, coordinated efforts, R&D, new product launches, cooperative efforts, and relationships with key industry players.
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Some of the important questions for stakeholders and business professionals for expanding their position in the Global On-Demand Home Services Market:
Q 1. Which Region offers the most rewarding open doors for the market Ahead of 2023?
Q 2. What are the business threats and Impacts of the latest scenario Over the market Growth and Estimation?
Q 3. What are probably the most encouraging, high-development scenarios for the Global On-Demand Home Services movement showcased by applications, types, and regions?
Q 4. What segments grab the most noteworthy attention in the Global On-Demand Home Services Market in 2023 and beyond?
Q 5. Who are the significant players confronting and developing in the On-Demand Home Services Market?
Browse Executive Summary and Complete Table of Content 👉 https://www.htfmarketreport.com/reports/3615464-2020-2025-global-on-demand-home-services-market-report-production-and-consumption-professional-analysis-1
𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐭𝐥𝐲 𝐀𝐬𝐤𝐞𝐝 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 (𝐅𝐀𝐐)
1. What are the present scale and future growth prospects of the On-Demand Home Services Market?
Answer: The On-Demand Home Services Market size reached a valuation of USD 210 billion in 2023, with projections to achieve USD 500 billion by 2030, demonstrating a CAGR of 12.5 % from 2024 to 2030.
2. What is the current state of the On-Demand Home Services market?
Answer: As of the latest data, the On-Demand Home Services market is experiencing growth, stability, and challenges.
3. Who are the key players in the On-Demand Home Services market?
Answer: Handy, TaskRabbit, HomeAdvisor, Thumbtack, Porch Group, UrbanClap, Pro.com, ServiceMaster, Blue Diamond Home Services, Roto-Rooter, Helpling, Mr. Appliance, Tidy, Urban Company, LawnStarter are the Prominent players in the On-Demand Home Services market, known for their notable characteristics and strengths.
4. What factors are driving the growth of the On-Demand Home Services market?
Answer: The growth of the On-Demand Home Services market can be attributed to factors such as key driver technological advancements, increasing demand, and regulatory support.
5. Are there any challenges affecting the On-Demand Home Services market?
Answer: The On-Demand Home Services market's challenges include competition, regulatory hurdles, and economic factors.
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like APAC, North America, LATAM, Europe, or Southeast Asia.
Contact Us :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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