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Online On-demand Home Services Market size is set to grow by USD 15.11 trillion from 2024-2028, Advantages of online on-demand home services to boost the market growth, Technavio

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NEW YORK, July 24, 2024 /PRNewswire/ — The global online on-demand home services market size is estimated to grow by USD 15.11 trillion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 68.02% during the forecast period. Advantages of online on-demand home services is driving market growth, with a trend towards rising number of advertising and marketing campaigns. However, lack of consumer understanding of on-demand home services poses a challenge. Key market players include Airtasker Pty Ltd., Alfred Club Inc., Amazon.com Inc., Angi Inc., AskforTask Inc., ByNext Inc., Cedar Slate Home Services, Eliza Brazil Cleaning Services, Helpling GmbH and Co. KG, Home Reno Pte. Ltd., HomeServe Plc, Paintzen Inc., Super Home Inc., Taskrabbit Inc., The ServiceMaster Co. LLC, Up Your Home Services Sdn Bhd, Urbanclap Technologies India Pvt. Ltd., Housejoy India Pvt. Ltd., INFERVIZE HOME SERVICES Pvt Ltd., and MyClean Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Service (Home care and design, Repair and maintenance, Health wellness and beauty, and Others), Platform (Mobile application and Website), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Airtasker Pty Ltd., Alfred Club Inc., Amazon.com Inc., Angi Inc., AskforTask Inc., ByNext Inc., Cedar Slate Home Services, Eliza Brazil Cleaning Services, Helpling GmbH and Co. KG, Home Reno Pte. Ltd., HomeServe Plc, Paintzen Inc., Super Home Inc., Taskrabbit Inc., The ServiceMaster Co. LLC, Up Your Home Services Sdn Bhd, Urbanclap Technologies India Pvt. Ltd., Housejoy India Pvt. Ltd., INFERVIZE HOME SERVICES Pvt Ltd., and MyClean Inc.

Key Market Trends Fueling Growth

Vendors in the global online on-demand home services market are utilizing marketing and advertising efforts to expand their customer base and ensure customer satisfaction. Strategies include customizing services to meet individual needs, offering cashback options and gift coupons, and providing discounts for first-time and frequent orders. Amazon Home Services guarantees customer happiness with its Happiness Guarantee, compensating customers if services fail to meet expectations. These marketing tactics, along with new advertisement campaigns, are expected to fuel market growth during the forecast period. 

The Online On-demand Home Services market in Riyadh and Baheya is booming, with companies like Wrench and Oneflare leading the way. Patent-based analysis shows advanced innovations in open innovation, including home automation and contactless service. Emerging players are capitalizing on urbanization trends and tech-savvy consumer lifestyles, offering personalized service through flexible work paradigms. M&A activities continue, with cellular modality and non-cellular modality providers merging for increased efficiency. Home welfare and smartphone penetration drive growth, with AI-driven personalization and remote guidance services becoming increasingly popular. Contactless and safe service, including contactless payment and digital transactions, are key safety protocols. Entrepreneurial opportunities abound in this market, with remote work and personalized recommendations becoming the new norm. 

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Market Challenges

On-demand home services offer convenience and efficiency, but misaligned consumer expectations can hinder market growth. Consumers may not fully grasp the terms of service, pricing models, or the overall process, leading to dissatisfaction. Security concerns and data privacy policies are also important considerations. Lack of awareness about these aspects can prevent consumers from adopting on-demand platforms. Effective communication and marketing are crucial to address these concerns and promote the benefits of on-demand services. Failure to do so may result in resistance from traditional service providers and slow market penetration. Consumers require clear information about the advantages of on-demand home services and how to use these platforms effectively. This understanding is essential to foster seamless adoption and drive growth in the global online on-demand home services market.The Online On-demand Home Services market is experiencing significant growth due to smartphone penetration, urbanization trends, and tech-savvy consumers. Entrepreneurial opportunities abound as homeowners, property managers, and consumers seek convenient, contactless, and safe solutions for plumbing, electrical repairs, landscaping, home improvement, and wellness and beauty services. Service providers can reach a wider audience through digital platforms like Angi Key, Thumbtack, LawnStarter, and Lawn Love. Remote work and flexible pricing structures, including hourly rates, flat fees, and subscription-based models, are driving innovation. Home technologies, such as AI-driven personalization and remote guidance services, enhance the customer experience. Contactless payment and digital transactions ensure safety, while safety protocols prioritize consumer well-being. Industry verticals, including mobile and desktop segments, continue to expand, offering diverse service offerings.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This online on-demand home services market report extensively covers market segmentation by

Service 1.1 Home care and design1.2 Repair and maintenance1.3 Health wellness and beauty1.4 OthersPlatform 2.1 Mobile application2.2 WebsiteGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Home care and design- The home care and design segment of the online on-demand home services market generates revenue through services like interior designing, pest control, cleaning, laundry, deep cleaning, sofa masonry, woodwork, waterproofing, glasswork, and carpentry. This segment is fragmented with numerous small and large players providing a wide array of home care and design services. For instance, TaskRabbit Inc. Offers house cleaning and furniture assembly, Helpling GmbH & Co. KG provides cleaning and furniture assembly services in multiple cities, Cleanly Inc. Specializes in laundry and dry-cleaning, Serviz.com Inc. Offers various cleaning services, and Amazon.com Inc. Provides deep cleaning, carpet cleaning, tile cleaning, grout cleaning, and gutter cleaning. Vendors in this segment are expanding their businesses, such as TaskRabbit’s entry into Jacksonville, Memphis, and New Haven in June 2021. The increasing number of vendors and business expansions will significantly contribute to the growth of the global online on-demand home services market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The Southeast Asia online on-demand home services market is rapidly expanding, driven by increasing smartphone penetration and consumer preference for convenience. In the global print-on-demand market demand is soaring due to customization trends and e-commerce growth. This market is projected to grow due to its rising significance in personalized consumer products.

Research Analysis

The Online On-demand Home Services Market is experiencing significant growth due to several factors. Smartphone penetration has made it easier for consumers, homeowners, property managers, and service providers to connect and schedule services in real-time. Urbanization trends and consumer lifestyles have led to an increased demand for convenient and tech-savvy solutions for home repairs and improvements. Entrepreneurial opportunities abound as service offerings expand beyond traditional plumbing, electrical repairs, and landscaping to include home improvement projects. Remote work and the need for contactless and safe services have further accelerated the adoption of online on-demand home services. AI-driven personalization ensures that consumers receive customized recommendations based on their unique needs and preferences. Contactless payment options ensure a seamless and secure transaction process. Overall, the Online On-demand Home Services Market offers a wealth of opportunities for both consumers and service providers.

Market Research Overview

The Online On-demand Home Services market is experiencing exponential growth, driven by smartphone penetration, urbanization trends, and tech-savvy consumers. With the rise of remote work and contactless services, this industry offers significant entrepreneurial opportunities. AI-driven personalization and digital transactions enable contactless and safe service offerings, including plumbing, electrical repairs, landscaping, home improvement, repair and maintenance, wellness and beauty, and more. Service providers cater to homeowners, property managers, and consumers through subscription-based models and flexible pricing structures, such as hourly rates, flat fees, and square footage. Emerging players like Baheya, Riyadh, Wrench, Oneflare, and others are disrupting traditional home services with advanced innovations like patent-based analysis, open innovation, and home technologies. The market is diverse, encompassing various industry verticals, from mobile and desktop segments to home automation and personalized recommendations. Remote guidance services and flexible work paradigms are also gaining popularity, offering consumers convenient and efficient solutions. Safety protocols and contactless payment methods ensure peace of mind during transactions. Overall, the Online On-demand Home Services market is transforming the way we maintain and improve our homes, offering a more personalized, convenient, and safe experience.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceHome Care And DesignRepair And MaintenanceHealth Wellness And BeautyOthersPlatformMobile ApplicationWebsiteGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Norck Expands Custom Manufacturing Services with Enhanced Precision CNC Machining, Engineering Support, and Curated Network of Select Manufacturing Partners

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Norck, a global leader in on demand manufacturing, has expanded its services to include precision CNC machining, custom component manufacturing, and on-demand solutions. The company’s curated network of trusted manufacturing partners and personalized one-on-one engineering support set it apart from automated platforms. Serving industries such as aerospace, defense, robotics, and medical, Norck delivers high-quality, precision-engineered components tailored to specific needs. With capabilities in CNC machining, 3D printing, and hybrid manufacturing, Norck empowers businesses to innovate and scale efficiently. Visit www.norck.com for more information.

IRVINE, Calif. and MANNHEIM, Germany, Nov. 16, 2024 /PRNewswire-PRWeb/ — Norck, a global leader in advanced manufacturing and custom component production, is proud to announce a major expansion of its services, focusing on precision CNC machining, custom component manufacturing, and on-demand CNC machining. A key highlight of this growth is the enhancement of Norck’s curated network of select manufacturing partners, ensuring clients benefit from the highest quality standards and consistent reliability.

By partnering with only the best manufacturers, we ensure that every project meets our clients’ exacting standards. Combined with our one-to-one engineering support, this approach guarantees a superior manufacturing experience.

Complementing its growing capabilities, Norck reaffirms its commitment to personalized, one-to-one engineering and design support, setting it apart from competitors with automated platforms. With a strategic combination of expert guidance and a carefully vetted partner network, Norck is revolutionizing the way businesses approach custom parts manufacturing.

Norck’s Motto: “Prototype. Manufacture. Scale Up. On Demand.”

This guiding principle reflects Norck’s dedication to delivering seamless, end-to-end solutions that meet the dynamic needs of modern industries. From initial prototyping to full-scale production, Norck empowers businesses to innovate and grow with speed and precision.

Expanding a Curated Network of Trusted Manufacturing Partners

Norck’s curated network of select manufacturing partners brings together top-tier facilities specializing in CNC machining, injection molding, and metal 3D printing. Each partner is carefully vetted for quality, reliability, and expertise, ensuring seamless collaboration and superior results.

Key Benefits of Norck’s Manufacturing Partner Network:

Consistent Quality Standards: Partners are selected based on strict adherence to global certifications such as ISO 9001 and AS9100.Diverse Capabilities: Access to advanced manufacturing technologies, including custom CNC machining, custom component manufacturing, and on-demand sheet metal fabrication.Streamlined Project Management: Norck acts as a single point of contact, managing every aspect of production and ensuring seamless coordination across its network.

“Our curated network is an integral part of delivering exceptional results to our clients,” said Faruk Guney, CEO of Norck. “By partnering with only the best manufacturers, we ensure that every project meets our clients’ exacting standards. Combined with our one-to-one engineering support, this approach guarantees a superior manufacturing experience.”

Personalized Engineering and Design Support

Unlike platforms that rely heavily on automation, Norck emphasizes a one-on-one collaboration model with clients. This personalized approach ensures that designs are optimized for manufacturability, cost-efficiency, and performance before production begins.

Key Features of Norck’s Engineering and Design Support:

Dedicated Design Consultants: Clients work with experienced engineers who understand their unique requirements and industry challenges.

Seamless Iteration: From concept refinement to rapid prototyping, Norck supports clients at every step to perfect their designs.

Material Selection Guidance: Expert advice to choose the best materials for durability, performance, and cost-effectiveness.

Feasibility Analysis: Comprehensive evaluations to ensure manufacturability and optimal production outcomes.

Precision CNC Machining and Custom Component Manufacturing

Norck’s precision CNC machining services are at the forefront of its manufacturing offerings. With a focus on high-quality production and design optimization, Norck delivers custom CNC parts and components that meet even the most complex specifications.

Key Highlights:

On-Demand CNC Machining: Rapid, efficient production tailored to client needs, from prototypes to large-scale production.

Wire EDM Services: Precision machining for intricate designs requiring tight tolerances.

Custom CNC Machining Near Me: Localized support through Norck’s extensive partner network for faster turnaround times and convenience.

Advanced Metal 3D Printing Services

Norck has also enhanced its metal 3D printing services, providing innovative solutions for lightweight and complex custom metal parts. These services are integrated with Norck’s engineering support to ensure clients achieve the perfect balance of creativity and manufacturability.

Key Features:

Custom Metal 3D Printing: Production of intricate and durable components for aerospace, automotive, and medical applications.Hybrid Manufacturing Solutions: Combining CNC machining and 3D printing for advanced design possibilities.Injection Molding and On-Demand Sheet Metal FabricationNorck’s comprehensive offerings include injection molding and on-demand sheet metal fabrication, enabling clients to produce high-quality custom parts at scale. By leveraging its curated network, Norck delivers consistent results across all manufacturing disciplines.

Industries Served

Norck proudly serves a diverse range of industries, providing tailored solutions to meet specific sector requirements:

Norck offers specialized manufacturing solutions across various industries, delivering precision-engineered components and services tailored to each sector’s unique requirements.

Aerospace: Norck provides high-precision components that meet stringent aerospace standards, ensuring safety and reliability in critical applications.

Defense: Supplying robust and reliable parts, Norck supports mission-critical defense systems and equipment, adhering to rigorous quality and performance criteria.

Robotics: Norck creates intricate components essential for the efficient operation of robotic systems and automation technologies, enhancing performance and precision.

Automotive: Manufacturing custom parts, Norck enhances vehicle performance, durability, and safety across various automotive applications.

Medical: Producing biocompatible and precision-engineered components, Norck supports medical devices, surgical tools, and healthcare technologies, ensuring safety and efficacy.

Consumer Products: Producing high-quality, durable components, Norck serves a wide range of consumer goods, from electronics to appliances, ensuring product longevity and reliability.

Industrial: Providing durable and reliable parts, Norck supports machinery, tools, and industrial systems, ensuring operational efficiency and longevity.

Hardware: Crafting precision hardware components, Norck caters to construction, infrastructure, and various manufacturing applications, meeting specific project needs.

Electronics: Delivering custom components, Norck supports electronic devices, ensuring compatibility and performance in advanced systems.

Energy: Supplying high-performance parts, Norck serves renewable energy, oil and gas, and power generation applications, contributing to efficient energy solutions.

Norck’s tailored solutions ensure each industry’s unique requirements are met with precision and reliability, reinforcing its commitment to quality and innovation.

About Norck

Norck is a global leader in advanced manufacturing, specializing in precision CNC machining, custom component manufacturing, metal 3D printing, and injection molding. With a strong commitment to innovation, quality, and customer satisfaction, Norck delivers tailored manufacturing solutions to businesses worldwide. By combining personalized engineering support, cutting-edge technologies, and a curated network of trusted manufacturing partners, Norck empowers industries to achieve their most ambitious goals.

For more information about Norck’s services and solutions, visit www.norck.com

Media Contact

Dennis Weiss, NORCK INC – NORCK GMBH, 1 949-232-0251, ed@norck.com, www.norck.com

Ed Braun, NORCK INC – NORCK GMBH, www.norck.com

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SOURCE NORCK INC – NORCK GMBH; NORCK INC – NORCK GMBH

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Intercos Korea Inc. Press Release

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MILAN, Nov. 16, 2024 /PRNewswire/ — Intercos Korea Inc. wishes to provide its position regarding certain information circulated in relation to the lawsuit started in 2019 that was initiated against two former employees of Kolmar Korea, subsequently employed by Intercos Korea Inc. .

The investigation that led to these proceedings concerned actions taken by the two former employees independently when they were not yet employed by Intercos Korea Inc.. Intercos Korea Inc. inevitably became part of the proceedings solely because it was the employer at the time the investigation commenced, despite having taken immediate actions to dissociate the company from these employees’ misbehaviour.

As a result of the conviction of the two former employees, the Court of Appeal—having reviewed the case twice—deemed it appropriate to reduce the fine to Intercos Korea to approximately €3.600 (5 million KRW), thus rendering it a purely symbolic sanction.

Intercos Group has always attached great importance to business ethics as proven by the irreproachable reputation it enjoys globally since decades.

Intercos shareholders and management fully trust the current Intercos Korea managers’ exemplary ethics.

Intercos Korea Inc.

40-38, GAJANGSANEOPSEOBUK-RO, OSAN-SI,GYEONGGI-DO, KOREA (#18103) / www.intercos.com 

Logo – https://mma.prnewswire.com/media/2559811/Intercos_Korea_Logo.jpg

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SafetyStratus to Participate in the 11th Asian Conference on Safety and Education in Laboratory (ACSEL 2024)

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SafetyStratus is excited to announce its participation in the 11th Asian Conference on Safety and Education in Laboratory (ACSEL 2024), a key event focused on advancing safety protocols and educational strategies in laboratory environments across Asia. The conference will be hosted by the University of Tokyo on November 28-29, 2024, and will bring together experts, educators, researchers, and industry leaders to exchange insights on laboratory safety and best practices in lab-based education.

FUKUOKA, Japan, Nov. 16, 2024 /PRNewswire-PRWeb/ — SafetyStratus is excited to announce its participation in the 11th Asian Conference on Safety and Education in Laboratory (ACSEL 2024), a key event focused on advancing safety protocols and educational strategies in laboratory environments across Asia. The conference will be hosted by the University of Tokyo on November 28-29, 2024, and will bring together experts, educators, researchers, and industry leaders to exchange insights on laboratory safety and best practices in lab-based education.

ACSEL 2024 offers a unique platform for attendees to engage in discussions on critical topics, including safety culture in academic and industrial laboratories, emerging risks, and the integration of technology to enhance laboratory safety and compliance. Attendees will gain valuable insights through keynote sessions, panel discussions, and networking opportunities with global experts committed to fostering safer and more productive laboratory environments.

Conference Date: 28-29 November 2024 (Poster session: 21-30 November 2024)

Venue: Venue Centennial Hall, Kyushu University School of Medicine Fukuoka, Japan

Going Virtual: https://www.acsel.esc.u-tokyo.ac.jp/2024/venue.html

For more information about ACSEL 2024, please visit ACSEL 2024 website.

About SafetyStratus

SafetyStratus offers the industry’s most comprehensive enterprise EH&S software platform with software, technology, and content to reduce risks and achieve operational excellence. Teams in academia, construction, healthcare, and general industry use the SafetyStratus platform to conduct inspections, perform behavior-based observations, collaborate on JSAs and JHAs, prepare incident reports, track institutional protocols, radioactive isotope inventory, and stay compliant with federal or regional regulations in any part of the world using a desktop or a mobile device in real-time.

Media Contact

Curtis Baker, SafetyStratus Inc., +1 (844) 896-7572, media.help@safetystratus.com, https://www.safetystratus.com/

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SOURCE SafetyStratus Inc.; SafetyStratus Inc.

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