Press release
Market Trends to Watch in the US Home Service Market
US Home Service Market
US Home Service Market Future Scope
The US Home Service Market has experienced significant growth in recent years. In 2022, the market was valued at approximately $600 billion, with projections indicating it could reach $1,000 billion by 2030, reflecting a compound annual growth rate (CAGR) of 7.5%. This growth is driven by factors such as rising homeownership rates, which increased from 62.9% in 2016 to 65.8% in 2022, and an aging housing infrastructure, with the average age of houses reaching 47 years. These trends have heightened the demand for maintenance, repair, and renovation services.
Looking ahead, the US Home Service Market is poised for continued expansion. The increasing adoption of digital platforms has made it more accessible for consumers to connect with service providers, enhancing market efficiency. Additionally, a growing emphasis on sustainability and eco-friendly solutions is driving demand for services related to energy efficiency and green home improvements. As urbanization continues and more individuals invest in homeownership, the market is expected to sustain its upward trajectory, offering ample opportunities for service providers to innovate and cater to evolving consumer preferences.
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Who are the largest Global manufacturers in the US Home Service Market?
Key Player I
Key Player II
Key Player III
Key Player IV
Key Player V
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real-time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global US Home Service Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global US Home Service Market
By Home Maintenance Services
Plumbing Services
Electrical Maintenance
HVAC Maintenance
Roof and Gutter Services
Window and Door Maintenance
By Cleaning Services
Residential Cleaning
Carpet and Upholstery Cleaning
Window Cleaning
Post-Construction Cleaning
Deep Cleaning Services
By Landscaping and Outdoor Services
Lawn Care and Maintenance
Tree Cutting and Pruning
Landscape Design and Installation
Irrigation Systems Installation
Outdoor brghting Services
By Renovation and Remodebrng Services
Kitchen Renovation
Bathroom Remodebrng
Bespoke Carpentry Services
Basement Finishing
Home Addition Projects
By Pest Control Services
General Pest Control
Termite Inspections and Treatment
Rodent Control
Wildbrfe Removal Services
Preventative Pest Management
Which regions are leading the Global US Home Service Market?
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Global US Home Service Market Research Report, 2026-2033
1. Introduction of the Global US Home Service Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Research
Data Minin
Validation
Primary Interview
List of Data Sources
4. Global US Home Service Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global US Home Service Market, By Product
6. Global US Home Service Market, By Application
7. Global US Home Service Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Global US Home Service Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
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