Online on-Demand Home Service Market Demand Makes Room for New Growth Story : Angi, Hello Alfred, Amazon

Online On-Demand Home Service Market Forecast: What You Need To Know?

This press release was orginally distributed by SBWire

Pune, Maharashtra -- (SBWIRE) -- 01/09/2024 -- HTF MI introduces new research on Online On-Demand Home Service covering the micro level of analysis by competitors and key business segments (2024-2030). The Online On-Demand Home Service explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing.

Some of the major key players profiled in the study are Angi Inc. (United States), Hello Alfred (United States), Amazon (United States), Helpling (Germany), YourMechanic (United States), Thumbtack (United States), Airtasker (Australia), AskForTask (Canada), Laurel & Wolf (United States), TaskRabbit (United States), 58.com (China), Urban Company (India), HouseJoy Inc. (India), ByNext (United States).

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The global Online On-Demand Home Service market size is expanding at robust growth of 32.96%, sizing up market trajectory from USD 4491.15 Million in 2023 to USD 32987.620 Million by 2029.

Definition:
The online on-demand home service market is characterized by platforms and applications that connect consumers with service providers for a variety of services, including but not limited to cleaning, repairs, maintenance, transportation, pet care, beauty and wellness, and more. Consumers can request services through mobile apps or websites, and service providers are often independent contractors or freelancers who work on a flexible schedule.

On the off chance that you are engaged with the industry or expect to be, at that point this investigation will give you a complete perspective. It's crucial you stay up with the latest sectioned by Applications [Mobile, Desktop], Product Types [Home Care and Design, Repair and Maintenance, Packers and Movers, Home Tutors & Health, Wellness and Beauty] and some significant parts of the business.

Market Trends:
? Diverse Service Offerings: The range of services available through these platforms continues to expand, with new niches and specializations emerging.
? b. Mobile-First Approach: Mobile apps are the primary medium for accessing and booking services, enhancing user convenience.

Market Drivers:
? Convenience and Accessibility: Consumers seek quick and easy access to a wide range of services right at their doorstep.
? b. Flexible Employment: The gig economy provides flexible earning opportunities for service providers, attracting a diverse labor force.

Market Opportunities:
? Expansion into New Markets: Expanding services into underserved or emerging markets presents significant growth opportunities.
? b. Vertical Integration: Companies can integrate additional services, such as insurance or financing, to enhance the user experience.

Market Restraints:
? Expansion into New Markets: Expanding services into underserved or emerging markets presents significant growth opportunities.
? b. Vertical Integration: Companies can integrate additional services, such as insurance or financing, to enhance the user experience.

Market Challenges:
? Expansion into New Markets: Expanding services into underserved or emerging markets presents significant growth opportunities.
? b. Vertical Integration: Companies can integrate additional services, such as insurance or financing, to enhance the user experience.

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Online On-Demand Home Service Market by Key Players: Angi Inc. (United States), Hello Alfred (United States), Amazon (United States), Helpling (Germany), YourMechanic (United States), Thumbtack (United States), Airtasker (Australia), AskForTask (Canada), Laurel & Wolf (United States), TaskRabbit (United States), 58.com (China), Urban Company (India), HouseJoy Inc. (India), ByNext (United States)

Online On-Demand Home Service Market by Geographical Analysis:

- APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)

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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

Browse for Full Report at @ https://www.htfmarketintelligence.com/report/global-online-on-demand-home-service-market

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Australia or Southeast Asia.

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