Online On-Demand Home Services Market to Mask a CAGR of 38.6% by 2023
- by KD Market Insights
- November, 2023
According to research made by KD Market Insights, online on-demand home services market is expected to mask at CAGR of 38.6%. If CAGR growth remains continuous, then the market is expected to have a good rise in terms of market valuation by end of 2023. The research has been done for the span of 6 years in which 2017 is taken as the base year, 2018 as estimated year and 2019-2023 as the forecasted year.
Online on-demand home service is a growing service among urban people. People are capable of finding any kind of services online as everything is available on the internet. The major factors influencing online on-demand home services market is growing e-commerce. Moreover, busy lifestyle among working people and rapid urbanization across the globe are expected to accelerate the growth of on-demand home services market in the forecasted year.
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The research for on-demand home services market starts with an overview and executive summary. This follows up by market drivers, key trends, challenges and opportunities in the industry. The report also covers market size and forecast projections. It will also provide a detail industry analysis and key giants along with their recent market activity and product launches. The research also covers recent industry activities done in 2017 along with market value and supply chain analysis. The research also covers Porter's five forces analysis which is a tool that analyzes the competition of the business. It draws from industrial organization economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness of an industry in terms of its profitability.
Research has been segmented in further sub-markets to give a comprehensive analysis of the online on-demand home services market and it will also ease the understanding process for the clients. The online on-demand home services market has been segmented by type and by services. Moreover, it also gives an analysis of the geographies covered in the research phase and key competitors that are ruling the market currently.
On the basis of type, it is further sub-segmented as cellular and non-cellular. By services, it is split as food, retail, beauty, pest control, painting, medical services, maintenance, and others. Then report covers the key geographies around the globe such as North America(U.S. & Canada), Europe (Germany, United Kingdom, Italy, Spain, Russia, France and Rest of Europe), Latin America(Brazil, Argentina, Mexico and Rest of Latin America), Middle East & Africa(North Africa, GCC, South Africa and Rest of Middle East & Africa), Asia Pacific (China, India, Japan, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific). These countries are considered specifically while preparing the report.
The final section of the report consists of competitor analysis. It tells company’s business and the performance about the revenue breakup by segment, key facts, risk analysis, SWOT analysis, financial information, company’s overview, business strategy, marketing and distribution and about new product analysis, recent news related to acquisition, development, research, expansion have been considered.
The key industry players of the online on-demand home services market are Lula, Handy, Hello Alfred, Helpling, YourMechanic, Zaarly, Fantastic Services, Jiffy, Serviz, Housejoy, Other Major & Niche Players. The report includes the market share of the key players and also the market positioning of all these market giants in the global on-demand home services market.
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