NEW YORK, July 4, 2022 /PRNewswire/ -- The online on-demand home services market size is expected to grow by USD 4.75 billion from 2021 to 2026, progressing at a CAGR of  60.77% as per the latest market report by Technavio. The rising number of advertising and marketing campaigns is one of the key online on-demand home services market trends that will contribute to the market growth. Currently, vendors operating in the global online on-demand home services market focus on launching advertisement campaigns through various platforms to generate customer awareness and retain a strong customer base. They have started using various strategic marketing tools to gain the attention of customers. For instance, Amazon Home Services guarantees its quality of services under the Happiness Guarantee. If the company fails to provide quality service, it pays an amount as compensation. Thus, the focus on launching new advertisement campaigns by vendors is expected to drive the growth of the global online on-demand home services market during the forecast period. 

Technavio has announced its latest market research report titled Online On-demand Home Services Market by Service and Geography - Forecast and Analysis 2022-2026

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Online On-demand Home Services Market: Market Dynamics

  • Driver: The advantages of online on-demand home services are one of the major factors propelling the market growth.
  • Challenge: The factors such as high competition among vendors will hamper the market growth.

Online On-demand Home Services Market: Vendor Analysis

  • The online on-demand home services market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
  • The online on-demand home services market report also offers information on several market vendors, including Amazon.com Inc., Angi Inc., AskforTask Inc., ByNext Inc., E Home Services, Fixi Co. Ltd., and Helpling GmbH and Co. KG, Home Reno Pte. Ltd., HomeServe Plc, Houzz Inc., MyClean Inc., Oneflare Pty Ltd., Paintzen Inc., Porch.com Inc., Super Home Inc., TaskEasy Inc., TaskRabbit Inc., The ServiceMaster Co. LLC, Up Your Home Services Sdn Bhd, and Urban Co. among others.
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Online On-demand Home Services Market: Segmentation Analysis

Service Landscape

  • The online on-demand home services market share growth by the home care and design segment will be significant for revenue generation.
  • The home care and design segment generate revenue from services such as interior designing, pest control, and others. The segment is fragmented by numerous small and large players operating in the market, which offer a wide range of home care and design services.
  •  For example, in June 2021, US-based TaskRabbit launched its operations in three cities in the US including Jacksonville, Memphis, and New Haven. Thus, a rise in the number of vendors offering home care and design services, coupled with the increasing business expansions in the segment, will contribute significantly to the growth of the global online on-demand home services market during the forecast period.

Geography Landscape

  • 42% of the market's growth will originate from APAC during the forecast period.
  • China and India are the key markets for the online on-demand home services market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
  • The increasing number of smartphone and internet users will facilitate the online on-demand home services market growth in APAC over the forecast period.

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Get ready to achieve excellent business outcomes from this exclusive Online On-demand Home Services Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -

  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
  • What is the current trend taking place in the market space?
  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
  • What are market drivers, restraints, and challenges impacting demand & growth of the market?
  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Online On-demand Home Services Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Online On-demand Home Services Market Forecast Report -  Buy Now!

Related Reports:

  • The home services market share is expected to increase to USD 5.14 trillion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 36.21%.
  • The buy now pay later market's growth momentum will accelerate at a CAGR of 29.36% and the market share will increase to USD 41.83 billion from 2021 to 2026.

 

Online On-demand Home Services Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 60.77%

Market growth 2022-2026

USD 4.75 billion

Market structure

Fragmented

YoY growth (%)

52.29

Performing market contribution

APAC at 42%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amazon.com Inc., Angi Inc., AskforTask Inc., ByNext Inc., E Home Services, Fixi Co. Ltd., Helpling GmbH and Co. KG, Home Reno Pte. Ltd., HomeServe Plc, Houzz Inc., MyClean Inc., Oneflare Pty Ltd., Paintzen Inc., Porch.com Inc., Super Home Inc., TaskEasy Inc., TaskRabbit Inc., The ServiceMaster Co. LLC, Up Your Home Services Sdn Bhd, and Urban Co

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized

 

Table of Content

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Service

  • 5.1 Market segments
    • Exhibit 24: Chart on Service - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Service - Market share 2021-2026 (%)
  • 5.2 Comparison by Service
    • Exhibit 26: Chart on Comparison by Service
    • Exhibit 27: Data Table on Comparison by Service
  • 5.3 Home care and design - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Home care and design - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Home care and design - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Home care and design - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Home care and design - Year-over-year growth 2021-2026 (%)
  • 5.4 Repair and maintenance - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Repair and maintenance - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Repair and maintenance - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Repair and maintenance - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Repair and maintenance - Year-over-year growth 2021-2026 (%)
  • 5.5 Health, wellness, and beauty - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Health, wellness, and beauty - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Health, wellness, and beauty - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Health, wellness, and beauty - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Health, wellness, and beauty - Year-over-year growth 2021-2026 (%)
  • 5.6 Others - Market size and forecast 2021-2026
    • Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.7 Market opportunity by Service
    • Exhibit 44: Market opportunity by Service ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 48: Chart on Geographic comparison
    • Exhibit 49: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 India - Market size and forecast 2021-2026
    • Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.12 UK - Market size and forecast 2021-2026
    • Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 93: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 94: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 95: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 96: Matrix on vendor position and classification
  • 10.3 Amazon.com Inc.
    • Exhibit 97: Amazon.com Inc. - Overview
    • Exhibit 98: Amazon.com Inc. - Business segments
    • Exhibit 99: Amazon.com Inc. - Key news
    • Exhibit 100: Amazon.com Inc. - Key offerings
    • Exhibit 101: Amazon.com Inc. - Segment focus
  • 10.4 Angi Inc.
    • Exhibit 102: Angi Inc. - Overview
    • Exhibit 103: Angi Inc. - Business segments
    • Exhibit 104: Angi Inc. - Key offerings
    • Exhibit 105: Angi Inc. - Segment focus
  • 10.5 AskforTask Inc.
    • Exhibit 106: AskforTask Inc. - Overview
    • Exhibit 107: AskforTask Inc. - Product / Service
    • Exhibit 108: AskforTask Inc. - Key offerings
  • 10.6 ByNext Inc.
    • Exhibit 109: ByNext Inc. - Overview
    • Exhibit 110: ByNext Inc. - Product / Service
    • Exhibit 111: ByNext Inc. - Key offerings
  • 10.7 Helpling GmbH and Co. KG
    • Exhibit 112: Helpling GmbH and Co. KG - Overview
    • Exhibit 113: Helpling GmbH and Co. KG - Product / Service
    • Exhibit 114: Helpling GmbH and Co. KG - Key offerings
  • 10.8 HomeServe Plc
    • Exhibit 115: HomeServe Plc - Overview
    • Exhibit 116: HomeServe Plc - Product / Service
    • Exhibit 117: HomeServe Plc - Key offerings
  • 10.9 MyClean Inc.
    • Exhibit 118: MyClean Inc. - Overview
    • Exhibit 119: MyClean Inc. - Product / Service
    • Exhibit 120: MyClean Inc. - Key offerings
  • 10.10 Porch.com Inc.
    • Exhibit 121: Porch.com Inc. - Overview
    • Exhibit 122: Porch.com Inc. - Product / Service
    • Exhibit 123: Porch.com Inc. - Key offerings
  • 10.11 TaskRabbit Inc.
    • Exhibit 124: TaskRabbit Inc. - Overview
    • Exhibit 125: TaskRabbit Inc. - Product / Service
    • Exhibit 126: TaskRabbit Inc. - Key offerings
  • 10.12 The ServiceMaster Co. LLC
    • Exhibit 127: The ServiceMaster Co. LLC - Overview
    • Exhibit 128: The ServiceMaster Co. LLC - Business segments
    • Exhibit 129: The ServiceMaster Co. LLC - Key offerings
    • Exhibit 130: The ServiceMaster Co. LLC - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 131: Inclusions checklist
    • Exhibit 132: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 133: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 134: Research methodology
    • Exhibit 135: Validation techniques employed for market sizing
    • Exhibit 136: Information sources
  • 11.5 List of abbreviations
    • Exhibit 137: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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