Report ID: SQMIG45A2463
SkyQuest Technology's Online on-demand home services market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Online On-Demand Home Services Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Online On-Demand Home Services Market size was valued at USD 150.93 billion in 2023 and is poised to grow from USD 170.1 billion in 2024 to USD 442.68 billion by 2032, growing at a CAGR of 12.7% during the forecast period (2025-2032).
Online on-demand home services include all digital markets offering prompt access to a wide range of home amenities. This is the reason that users are in great demand for these facilities as they can be accessed easily and with great care across the globe. Similarly, these platforms allow for payments by connecting the users with the service providers and making invoicing and payment activities. The rise in marketing and advertising initiatives is one of the factors that will support market expansion. Merchants in the global market have now implemented advertising campaigns across a variety of media to raise consumer awareness and maintain a strong client base. They have started using various smart marketing methods to attract clients.
For instance, companies such as TATA, Amazon Home Services, Angi Inc., and others assure the quality of service through their Happiness Guarantee program. If they fail to deliver quality service, the company pays them a certain amount. Hence, it is expected that retailers' interest in launching new ad campaigns would impact the global online on-demand home services market growth in the forecast year. Further, the industry has undergone a great transformation in the U.S. and Europe mainly due to swift payment options and easy availability of goods and services, all of which have proved to be market friendly. One of the main emerging regions that are growing rapidly as compared to the other international markets is Asia Pacific. China, Korea, and India are some of the major countries which are contributing positively to the expansion of the market.
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Global Online On-Demand Home Services Market size was valued at USD 5.05 Billion in 2023 and is poised to grow from USD 5.90 Billion in 2024 to USD 20.28 Billion by 2032, growing at a CAGR of 16.7% in the forecast period (2025-2032).
There are many competitors vying for market share in the global competitive online on-demand home services market. Some of the most well-known businesses that rule the market with a wide range of services and intuitive systems include TaskRabbit, Handy, Zimmber, and Timesaverz. Localized services and affordable solutions from up-and-coming companies and regional businesses increase the level of competition. Service diversification, technological breakthroughs, and strategic alliances are the three priorities of business companies to stay ahead in the race while improving customer satisfaction and expanding their market share in an increasingly changing industry. 'TaskRabbit', 'Handy', 'Zimmber', 'Timesaverz', 'Urban Company (formerly UrbanClap)', 'Thumbtack', 'Helpling', 'Angi (formerly Angie’s List)', 'Housejoy', 'Porch.com', 'Care.com', 'Serviz', 'HomeAdvisor', 'Mr. Right', 'Fixy'
This need is driven by fast-paced life and rapid urbanization. City-dwellers highly value convenience and time effectiveness. In particular, in metropolises, this makes outsourcing, such services as cleaning, plumbing, and repair, attractive. With more and more people looking for easy and fast solutions for domestic chores, this industry will keep growing to present a massive opportunity for the providers of the services to be responsive to changing customers' demands of modern life.
Merging Automation and Artificial Intelligence: Automation and artificial intelligence are changing the landscape of on-demand home services. Advanced technology allows for advanced features such as predictive maintenance, automatic scheduling, and customized service suggestions, thus improving user experience and efficiency. These developments increase customer happiness while streamlining provider operations and enable them to process more requests rapidly and accurately.
North America led the market overall with more than 35.0% of revenue share in 2024. Quick payment options and easier availability of goods and services have been critical factors positively impacting the market. house services include a vast array of industrial needs, such as house renovation, maintenance, and repair. The scope of the home services industry expands with the number of facilities it provides. Home services include numerous intangible assets that companies offer for houses. Both online and mobile booking systems are growing hand in hand with technological advancements. Home services provide a more efficient and practical means of scheduling and acquiring professional assistance.
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Report ID: SQMIG45A2463
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