Technology
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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6 months agoon
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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..
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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.
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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.
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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
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Media & Marketing Executive
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Email: media@technavio.com
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Huawei and IUCN Launch Tech4Nature Project to Protect Kenya’s Coral Reefs
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NAIROBI, Kenya, Jan. 10, 2025 /PRNewswire/ — Huawei, International Union for Conservation of Nature (IUCN), and local partner Kenya Wildlife Service (KWS) have launched a Tech4Nature project to monitor and protect coral reef and biodiversity in Kenya’s Kisite-Mpunguti Marine Park and Reserve.
Aligned with Huawei’s TECH4ALL initiative and the IUCN Green List, the objective of the three-year project is to strengthen monitoring and management efficacy of the protected area. Located on the southern coast of Kenya, Kisite-Mpunguti Marine Park and Reserve faces a number of nature conservation challenges. These include:
Illegal fishing and insufficient human resources to effectively patrol the area.A lack of remote monitoring of the reserve’s three coral islands coupled with pressures created by tourism, as the fringing reefs are popular diving sites.Limited community awareness of the importance of reef and biodiversity protection.Insufficient communications network infrastructure for underpinning tech-driven monitoring.
“Tech4Nature is an expansive project that falls under Huawei’s digital inclusion initiative TECH4ALL, where we look at ways to implement technology and innovation in various sectors of our day today life and improving global standards and ensure that we have a sustainable way of life in the world,” said Khadija Mohamed, Director of Media and Government Relations for Huawei Kenya.
Underwater cameras, photogrammetry, and audio monitoring technologies will be deployed to monitor marine life, including the biomass and population of parrot fish. In many coral reef ecosystems, parrot fish are a keystone species that, due to their diet, help prevent coral from being smothered by seaweed and algae. The solution will also monitor substrate cover in the reef ecosystems, seagrass cover, and the occurrence of green turtles and bottlenose dolphins, which are classified on the IUCN Red List as endangered and vulnerable, respectively.
“The technology we are introducing is a groundbreaking development for marine conservation in Kenya. It will serve as the first monitoring tool for data collection, analysis, and management in a marine protected area. Additionally, this innovation presents an opportunity to assist the park in attaining IUCN Green List certification, aligning with the sustainability goals valued by tourists and ensuring that future generations can continue to benefit from our marine parks,” said Innocent Kabenga, Country Representative for the IUCN Kenya Country Office.
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A digital power solution and improved network connectivity covering the park and watch tower will enable the rapid transmission of collected data to a cloud server for analysis by AI.
The project will be implemented in partnership with Kenya Wildlife Service (KWS) and Wildlife Research and Training Institute (WRTI). Based on the project’s data-driven insights, the Tech4Nature partners will be able to develop targeted conservation measures for the reserve.
“For us to deliver our mandate of protecting and conserving our wildlife in both terrestrial and marine ecosystems, you have to understand your resources very well. We are partnering with Huawei and IUCN to deploy underwater cameras to acquire some data on marine mammal, corals, and fisheries to make informed decisions. The advantage of this technology it can be deployed in wider area that we couldn’t patrol every single day to get data for day and night for us to make good, informed decisions,” said Adan Kala, Senior Assistant Director, Coast Conservation Area, Kenya Wildlife Service.
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The site will be assessed against the IUCN Green List Standard, with the goal being that the reserve obtains Green List certification.
About Tech4Nature
Huawei and IUCN launched the Tech4Nature global partnership in 2020 to scale up success in nature conservation through technological innovation. Aligned with Huawei’s TECH4ALL initiative and the IUCN Green List, Tech4Nature has supported 11 flagship projects in 8 countries with tailored solutions to conservation challenges.
Visit the Tech4Nature website: https://tech4nature.iucngreenlist.org/what-is-tech4nature/
About TECH4ALL
TECH4ALL is Huawei’s long-term digital inclusion initiative and action plan. Enabled by innovative technologies and partnerships, TECH4ALL is designed to enable inclusion and sustainability in the digital world.
Visit the Huawei TECH4ALL website at https://www.huawei.com/en/tech4all
Follow us on X at https://x.com/HUAWEI_TECH4ALL
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CES 2025 | AAC Technologies Unveils Comprehensive Automotive Solutions, Paving the Way for Cabin Experience Evolution
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DELRAY BEACH, Fla., Jan. 10, 2025 /PRNewswire/ — The smart food packaging market is estimated at USD 26.42 billion in 2024 and is projected to reach USD 35.69 billion by 2029, at a CAGR of 6.2% from 2024 to 2029, according to a report published by MarketsandMarkets™.
The study ‘Active Packaging in the Food Industry’, published in October 2024, explores the growing significance of active packaging in response to changing consumer demands and market trends. Unlike traditional packaging, which is designed to be inert, active packaging interacts with the product and its environment to extend shelf life and maintain food quality. This can involve incorporating additives into packaging systems, such as oxygen and ethylene scavengers, antimicrobial agents, antioxidants, and flavor-absorbing or releasing compounds. Intelligent packaging systems, like time-temperature indicators and gas detectors, are also discussed, emphasizing the importance of consumer acceptance for the commercial success of these technologies. The study reviews key mechanisms used in active packaging, including oxygen scavengers, which reduce the presence of oxygen in food packaging by using iron-based or ascorbic acid-based systems. These methods help maintain product freshness by limiting oxidative damage. Carbon dioxide-generating systems are also used to suppress microbial growth, particularly in meat, poultry, fish, and cheese packaging. Furthermore, ethylene scavengers are vital for extending the shelf life of fruits and vegetables by controlling ripening processes.
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Other applications discussed include the use of flavor and odor absorbers/releasers, which enhance the sensory properties of packaged food, and antimicrobial packaging that inhibits microbial growth to ensure food safety. The potential of nanotechnology to develop new and more effective active and intelligent packaging solutions is highlighted, paving the way for further innovations in the food packaging industry. This study underscores the need for advanced packaging technologies to meet consumer demand for fresh, safe, and high-quality food products and their critical role in prolonging shelf life and improving food safety.
The Meat, Poultry & Seafood is the having a largest share within the application sector of the smart food packaging market.
Due to growing global demand, meat, poultry, and seafood accounts for the highest market share of application in the smart food packaging market. Its needs lie in extending shelf life, safety, and traceability. As per data provided by the USDA from October 2024, Brazil dominates global chicken meat exports during 2025 as the production will be 11.8 million tons. Australia’s poultry production will increase by 2 percent to 2.6 million tons, as high global demand is expected. Beef exports from Australia will also reach a record 1.9 million tons in the year, as its demand increases in the US. These trends point towards the increasing international meat trade and export opportunities.
Increased production and exports require more advanced smart packaging technologies, such as modified atmosphere packaging and active packaging, for freshness, less food waste, and greater safety. This will fuel innovation and adoption of smart packaging solutions, especially in global markets like East Asia and North America.
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The active packaging segment holds significant market share in the smart food packaging market during the forecasted period 2024-2029.
Active food packaging accounts for a major market share in the smart food packaging industry, which is mainly attributed to the quality improvement, safety, and shelf life that active packaging can offer. Technologies, including oxygen scavengers, moisture absorbers, and antimicrobial agents, respond to some of the most important consumer needs related to freshness and reduction of food waste.
It is primarily gaining adoption across key industries, including meat, poultry, seafood, and dairy, where growing concerns about global food safety and sustainability are driving growth. Additionally, increasing export of perishable food products, particularly in North America, Europe, and Asia-Pacific, further supports the increasing demand for active packaging. As manufacturers look for more innovative ways to meet their regulatory requirements and consumer demands, active packaging will maintain its position in the market.
Based on region, Europe has a significant share in the smart food packaging market.
The growth of the food and beverage industry in Europe is a major driving force for the smart food packaging market, which is motivated by the increasing demand for advanced packaging solutions that would ensure food safety, traceability, and extended shelf life. According to European Commission data (March 2024), the food and drinks industry generates ~USD 245 billion (€227 billion) in added value and employs 4.6 million people, making it the EU’s largest manufacturing sector in terms of jobs and value. SMEs are over 99% of businesses in this ecosystem. The sector has also recorded a food trade surplus, with exports doubled over the last decade to exceed ~USD 196 billion (€182 billion), contributing a positive balance of nearly ~USD 32 billion (€30 billion). These strong figures, combined with growing trade opportunities and EU Single Market benefits, are driving demand for smart food packaging technologies to support efficient, sustainable, and competitive food supply chains.
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