Product ID: UCMIG45A2060
Online On-demand Home Services Market Size, Share, Growth Analysis, By Platform(Web, Mobile), By Type(Home Cleaning, Garden and Lawn Mowing), By Region(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG45A2060 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Online On-demand Home Services Market Insights
Market Overview:
In 2021, the global online on-demand home services market showcased a substantial estimated valuation of USD 3.71 billion, reflecting significant growth. This growth can be attributed to the increasing consumer preference for convenience and efficiency in accessing various home services. Online on-demand platforms provide users with the convenience of booking services such as home cleaning, repairs, and beauty treatments through mobile applications or websites. The market expansion is further fueled by advancements in technology, including the widespread adoption of smartphones and internet connectivity. Additionally, the COVID-19 pandemic has accelerated the adoption of online on-demand home services as consumers sought contactless and hygienic solutions. With the continued demand for hassle-free home services, the global market is anticipated to witness continued growth in the coming years, as platforms evolve to offer a wider range of services and improve user experiences.
Online On-demand Home Services Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Internet Software & Services by segment aggregation, the contribution of the Internet Software & Services in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Online On-demand Home Services Market Report Snapshots
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