Online On-demand Home Services Market Outlook (2023–2033)

According to a new study by Persistence Market Research, the global online on-demand home services market generated a revenue of US$ 3.73 Bn in 2022. Worldwide demand for online on-demand home services is set to accelerate at 5.7% CAGR and top a market valuation of US$ 7 Bn by 2033.

The online on-demand home services market has experienced significant growth in recent years, driven by the increasing adoption of smartphones and the internet. This market encompasses a variety of services, including cleaning, plumbing, electrical, handyman, and lawn care services, which can be accessed and ordered through online platforms or mobile applications.

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Segmentation of Online On-demand Home Services Industry Research

Platform Type:

• Web
• Mobile

End Use:

• Media & Entertainment
• Carpentry
• Food
• Home Welfare
• Beauty
• Retail
• Healthcare

Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa (MEA)

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The key factors driving the growth of this market are the convenience and time-saving benefits of on-demand services, increasing urbanization, rising disposable incomes, and growing awareness about the benefits of outsourcing household tasks. North America dominated the online on-demand home services market in 2020, followed by Europe and Asia-Pacific. The Asia-Pacific region is expected to witness the highest growth rate during the forecast period, owing to the increasing penetration of smartphones and internet connectivity.

The online on-demand home services market is highly competitive, with a large number of players offering similar services. To stay competitive, players in this market need to focus on providing high-quality services, offering competitive pricing, and expanding their service offerings to meet the changing needs of their customers.

Some of the leading players in the market include

• 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.
• Others

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