Press release
UAE On-Demand Home Services Market Revenue, Market Size, Market Forecast, Market Trends, Market Future Outlook to 2029
The UAE on-demand home services industry is undergoing rapid expansion and is being fuelled by changing consumer preferences, urbanisation, and the advent of digitisation. In 2024, more than 70% of the population of the country resided in rental apartments, which drive growing demand for on-demand home services such as maintenance and home improvement services. The market is benefiting from the e-commerce boom, with over 60% of home services booked online in 2024. Additionally, rising investments in app-based booking and subscription-based services is also contributing towards the growth of on-demand home services market in UAE.
UAE On-Demand Home Services Market Emerging Growth Drivers
• The growing home wellness, beauty and medical health services are driving the market, with beauty and grooming accounting for 20% of the total on-demand home services in 2024.Further, rising demand for telehealth and home healthcare services like physiotherapy, elderly care, and post-surgical recovery assistance is driving the demand for on-demand home healthcare services.
Get an In-Depth Analysis of UAE On-Demand Home Services Market [2023-2029] @ https://www.tracedataresearch.com/industry-report/uae-on-demand-home-services-market
• UAE is one of the world's most smartphone penetrated country, with penetration rate of 98% as of 2024. This has accelerated app-based service booking, consumers are demanding instant, seamless digital interactions. Businesses are adopting AI-powered chatbots and recommendation engines to reduce customer response time and engagement.
• The increasing working-class population and changing lifestyles are further driving on-demand home services. The working professionals have time constraints and prefer on-demand home services for maintenance, cleaning, and repairing. In 2024, there was 30% increase in subscription-based home services with consumers preferring bundled, recurring services over one-time bookings.
UAE On-Demand Home Services Market Competitive Landscape
The UAE on-demand home services market is highly fragmented with major players like Urban Company, Justlife, and Service Market leading the market space. The growing demand for convenient home services are diversifying the competitive landscape with new entrants offering innovative and wide range of services. Urban Company is leading the market by offering premium at-home services and seamless mobile booking experience. The company launched AI-powered customer support which reduced service-related queries by 40% and improved response time. Justlife, known for its home cleaning services has diversified its offerings by including home healthcare, grooming, and laundry services. In 2024, company has recorded 35% increase in wellness-related bookings. ServiceMarket is strengthening its position by partnering with verified service providers and has facilitated more than 25000 bookings in 2024 by focusing on quality and reliability.
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Recent News
November 2024: Talabat, a leading food delivery and quick commerce platform in the Middle East and North Africa, successfully raised approximately $2 billion through its initial public offering (IPO) on the Dubai Financial Market. The IPO was priced at 1.60 dirhams per share, resulting in a market capitalization of around $10.1 billion.
UAE On-Demand Home Services Market Future Outlook
The UAE on-demand home services industry will no longer be fragmented market but transform into organised and tech-driven ecosystem with transparent pricing and quality assurance. Service providers will leverage AI-powered scheduling system to reduce waiting time which is expected to increase customer retention by 30% through 2029. The subscription-based models will dominate the market, with consumers preferring bundles home services like maintenance, cleaning, and wellness at fixed monthly rates. Moreover, with gig economy regulations becoming more structure many freelancers and independent contractors will enter the market. By 2029, UAE on-demand service market will attract many investments and global players providing innovative offerings to the consumers.
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Consultant at TraceData Research In their latest publication "UAE On-Demand Home Services Industry Market Outlook to 2029: By Type of Services (Cleaning, Repair and Maintenance, Beauty, Others), By Deployment (Online, Offline), and By Type of Customer (Expatriates, UAE Nationals, Corporate Clients, High-Income Households)" believe that businesses should implement smart pricing and optimize workforce efficiency to secure its position in UAE on-demand home services market.
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