Report ID : 1346175 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the On-Demand Home Services Industry is categorized based on Home Maintenance Services (Plumbing, Electrical Services, HVAC Services, Roofing, Landscaping) and Cleaning Services (Residential Cleaning, Commercial Cleaning, Carpet Cleaning, Window Cleaning, Pool Cleaning) and Repair Services (Appliance Repair, Furniture Repair, Painting Services, Pest Control, Home Security Services) and Installation Services (Smart Home Installation, Electrical Installation, Furnace Installation, Water Heater Installation, Flooring Installation) and Moving Services (Local Moving, Long-Distance Moving, Packing Services, Storage Services, Truck Rental) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
The On-Demand Home Services Industry was worth $600 billion in 2023 and is forecasted to reach $1.1 trillion by 2033, growing at a CAGR of 6.5% over the period 2024-2033. This report covers various segments and analyzes the key trends and factors influencing the market significantly.
The On-Demand Home Services market is said to be one of the fastest-growing sectors, especially in the past few years, due to the rising need for convenience and efficiency for day-to-day tasks. With the advancement of technology, a growing number of people are utilizing platforms that connect them to service providers with a single click. This not only indicates a shift in consumer behavior but also a shift towards the growing needs of flexibility and immediacy in the home service industry.
The set of skills that can be performed on-demand ranges from plumbing, electrical services, cleaning, and even landscaping, thus attending to most, if not all, consumer demands and building a robust service ecosystem. The increase in mobile applications and easier access to technology enables the general public to procure quality services in record time, thereby changing the nature of home upkeep from a daunting task to a pleasant one. Analysis of this phenomenon reveals that the effective and gratifying interplay between on-demand technologies and user interactions can significantly benefit stakeholders looking to boost revenues from On-Demand Home Services.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | TaskRabbit, Thumbtack, Angie's List, HomeAdvisor, UrbanClap, Lemonade, Housecall Pro, Handy, Bellhops, Porch, Wayfair |
SEGMENTS COVERED |
By Home Maintenance Services - Plumbing, Electrical Services, HVAC Services, Roofing, Landscaping By Cleaning Services - Residential Cleaning, Commercial Cleaning, Carpet Cleaning, Window Cleaning, Pool Cleaning By Repair Services - Appliance Repair, Furniture Repair, Painting Services, Pest Control, Home Security Services By Installation Services - Smart Home Installation, Electrical Installation, Furnace Installation, Water Heater Installation, Flooring Installation By Moving Services - Local Moving, Long-Distance Moving, Packing Services, Storage Services, Truck Rental By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The On-Demand Home Services Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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