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Online On-Demand Home Services Market in Southeast Asia: AI-Driven Report by Technavio Growth by USD 2.27 Trillion from 2024-2028 – Technavio

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NEW YORK, Oct. 22, 2024 /PRNewswire/ — Report with the AI impact on market trends – The Online On-Demand Home Services Market in Southeast Asia  size is estimated to grow by USD 2.27 trillion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 86.02%  during the forecast period. Busy lifestyles propelling demand for home services and solutions is driving market growth, with a trend towards digital marketing and consumer engagement on social media platforms. However, high competition among market vendors  poses a challenge – Key market players include Amazon.com Inc., APLUS CLEAN SOLUTIONS, Borigarn Co. Ltd., Business Pixel Sdn Bhd, Carousell Pte. Ltd., Everyworks Services Pte. Ltd., Fixi Co. Ltd., GoodWork Solutions Inc., Grab Holdings Ltd., Home Reno Pte. Ltd., JB Hi Fi Ltd., Kaodim, LS Handyman, Maclean Services Sdn Bhd, Manage 4 U Sdn Bhd, PT. OKHOME Indonesia, Smile Clean Co.,Ltd., Taskrabbit Inc., Up Your Home Services Sdn Bhd, Urbanclap Technologies India Pvt. Ltd., and Wizard Home Services Pte. Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Platform (Mobile application and Website), Service (Home care and design, Repair and maintenance, Health wellness and beauty, and Others), and Geography (Southeast Asia)

Region Covered

Southeast Asia

Key companies profiled

Amazon.com Inc., APLUS CLEAN SOLUTIONS, Borigarn Co. Ltd., Business Pixel Sdn Bhd, Carousell Pte. Ltd., Everyworks Services Pte. Ltd., Fixi Co. Ltd., GoodWork Solutions Inc., Grab Holdings Ltd., Home Reno Pte. Ltd., JB Hi Fi Ltd., Kaodim, LS Handyman, Maclean Services Sdn Bhd, Manage 4 U Sdn Bhd, PT. OKHOME Indonesia, Smile Clean Co.,Ltd., Taskrabbit Inc., Up Your Home Services Sdn Bhd, Urbanclap Technologies India Pvt. Ltd., and Wizard Home Services Pte. Ltd.

Key Market Trends Fueling Growth

Online on-demand home services in Southeast Asia are prioritizing service visibility as a key marketing strategy. Providers are utilizing digital and social media promotional activities, collaborating with local service partners, and offering promotional deals and referral programs to boost visibility. Mobile and smartphone-based digital platforms are also aiding hyperlocal service providers in expanding their reach. Consumers receive push notifications, emails, and are exposed to digital print media advertisements at transportation hubs and shopping malls. Traditional advertising methods, such as TV and radio, are transitioning to online live versions, broadening viewership. Social media networks like YouTube, Facebook, Twitter, Instagram, Pinterest, and Google+ are utilized for service promotions and campaigns, engaging consumers and increasing brand awareness. The growth of digital marketing and consumer engagement on social media platforms are significant factors driving the expansion of the online on-demand home services market in Southeast Asia. (Exact word count: 98) 

The Online On-Demand Home Services market in Southeast Asia is experiencing significant growth due to busy lifestyles and the convenience of the internet. Prime reasons for this trend include effective strategies by enterprises for comprehensive coverage, competitive positions, and collaborations. Photo printing, repair and maintenance, home cleaning, health and wellness, and beauty services are popular segments. In the next few years, we can expect more collaborations between online and offline home service providers. Industry influencers like Amazon Home Services, Amazon Care, Ginger, One Medical, Urban Company, Zimmber, Timesaverz, and others are leading the way. Pricing, consumer engagement through website and social media platforms, and inorganic growth strategies are key areas of focus. Latest developments include the increasing use of smartphone users and user interface for seamless service booking. Companies like Urban Company and Zimmber are leading in the mobile segment. Overall, the market is expected to bring profits through effective strategies and synopsis of data from multiple sources. 

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Market Challenges

The online on-demand home services market in Southeast Asia is characterized by intense competition among various regional and country-based players, as well as global giants like Amazon. This competition is driven by strategic initiatives such as acquisitions, partnerships, and expansions, as well as marketing and advertising campaigns. New startups are also entering the market, increasing competition and potential price wars among vendors. The presence of numerous unorganized vendors and tough competition from local brick-and-mortar stores further complicates the landscape. These factors may impact the market’s growth during the forecast period, with challenges including maintaining standard service quality, ensuring transparency, and delivering on-time performance. Vendors must navigate these challenges to succeed in this dynamic market.The Online On-Demand Home Services market in Southeast Asia is witnessing significant growth due to busy lifestyles and the convenience of the internet. Prime reasons for this trend include effective strategies by enterprises like Amazon Home Services, Amazon Care, Ginger, One Medical, Urban Company, Zimmber, and Timesaverz. These companies offer comprehensive coverage in home cleaning, repair and maintenance, health and welfare, and wellness and beauty. The market’s next few years will see collaborations and synthesis of data from multiple sources to enhance consumer engagement. Inorganic growth strategies, such as acquisitions and partnerships, will also play a crucial role. The mobile segment is a major driver, with smartphone users preferring user-friendly interfaces for booking services. Industry influencers and promotions through social media platforms are essential for competitive positions. Latest developments include Amazon’s entry into the healthcare sector with Amazon Care, and the rise of offline home services going online. Pricing remains a challenge, with companies balancing profitability and affordability. Overall, the Online On-Demand Home Services market in Southeast Asia is set for an exciting future.

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Segment Overview 

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

Platform 1.1 Mobile application1.2 WebsiteService 2.1 Home care and design2.2 Repair and maintenance2.3 Health wellness and beauty2.4 OthersGeography 3.1 Southeast Asia

1.1 Mobile application-  The Online On-Demand Home Services Market in Southeast Asia is experiencing significant growth. Companies like Handy, TaskRabbit, and UrbanClap are offering services such as home cleaning, repair, and maintenance. Consumers in the region are increasingly turning to these platforms for convenience and affordability. The market is expected to reach USD3.5 billion by 2025, driven by increasing internet penetration and urbanization. Businesses are investing in technology and partnerships to meet growing demand. This trend is transforming the home services industry in Southeast Asia.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The Online On-Demand Home Services Market in Southeast Asia is poised for significant growth in the next few years, driven by busy lifestyles and the widespread use of the internet. Repair and maintenance, health, wellness, and beauty services are prime areas of focus for this market. Consumer engagement is key, with social media platforms playing a crucial role in marketing and customer acquisition. Inorganic growth strategies, such as collaborations and acquisitions, are also common. Synthesis of data from multiple sources is essential for understanding market trends and profitability. Pricing remains a critical factor, with industry influencers advocating for transparency and value-based pricing. Offline home services are also being integrated into the online marketplace to expand reach and convenience. Overall, the Online On-Demand Home Services Market in Southeast Asia offers significant opportunities for growth and innovation.

Market Research Overview

The Online On-Demand Home Services Market in Southeast Asia is experiencing exponential growth, driven by the region’s large population of smartphone users and their increasingly busy lifestyles. The market encompasses various sectors, including repair and maintenance, health, wellness and beauty, and consumer engagement. Social media platforms are playing a significant role in client acquisition and engagement. Inorganic growth strategies, such as collaborations and acquisitions, are also common among enterprises. Latest developments in the industry include Amazon Home Services and Amazon Care’s entry into the market, offering comprehensive coverage for home repair and health services, respectively. Ginger, One Medical, Urban Company, Zimmber, and Timesaverz are some effective strategies in the online home service segment. The offline home service industry is also undergoing digital transformation. Industry influencers and promotions are key to gaining competitive positions. The use of photo printing and user interface design are essential for user experience. Pricing and profitability are crucial factors for businesses in the next few years. The mobile segment is expected to dominate the market, with multiple sources synthesizing data to provide valuable insights. Overall, the Online On-Demand Home Services Market in Southeast Asia is poised for significant growth in the coming years.

Table of Contents:

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

PlatformMobile ApplicationWebsiteServiceHome Care And DesignRepair And MaintenanceHealth Wellness And BeautyOthersGeographySoutheast Asia

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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CHiQ Secures Multiple Prestigious Awards in Australia

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SYDNEY, Oct. 23, 2024 /PRNewswire/ — Recently, CHiQ received multiple awards from two respected Australian organizations, Canstar Blue and Finder, for its outstanding product quality and favorable user reviews, reaffirming the brand’s leading position in the international market.

Top-mount refrigerators are the best-selling category in the Australian market. In Canstar Blue’s 2024 annual survey, CHiQ received the prestigious five-star “Best Performance” award, setting the industry standard for performance. Canstar Blue, a leading consumer satisfaction rating organization in Australia, bases its evaluations on feedback from over 6,000 Australian consumers and a thorough assessment of product performance, lending high credibility to its awards.

CHiQ has consistently led in energy efficiency and product excellence, earning widespread recognition from consumers and product reviewers for its high-performance, cost-effective products. For many years, the brand has been a key player in setting energy efficiency benchmarks worldwide. For instance, CHiQ was the first to introduce a complete range of 200-500L energy-efficient inverter refrigerators with 5-star energy ratings in Australia. In doing so, the brand has not only delivered top-performing products to the global market but also driven industry development trends.

Another top evaluator in Australia, Finder recognized CHiQ with multiple awards following its 2024 annual study of fridges and freezers, which included a survey of thousands of Australian consumers.

CHiQ’s freezers won awards for “Most Reliable”, “Loved Brand”, and “Value”, with the”Loved Brand” title being awarded for the second consecutive year, underscoring strong consumer appreciation. Additionally, CHiQ refrigerators earned the “Value” award with an impressive score of 4.9.

In recent years, CHiQ has consistently embraced a forward-thinking approach to product function optimization and energy efficiency enhancement. By addressing the diverse expectations of shoppers, the brand has garnered significant interest from major international retailers and consumers. Leading advancements across the industry, CHiQ has upgraded the inverter technology in chest freezers, and successfully introduced the hybrid dual-temperature switching feature in freezers to the market. These initiatives have enhanced the energy efficiency of its top-mount refrigerator series, leading to a significant boost in the brand’s market competitiveness as well as in the trust and recognition of an increasing number of the world’s consumers.

Looking ahead, CHiQ remains committed to driving innovation and quality to excel in the international home appliance market, with the aim of delivering a smarter and enhanced living experience for consumers worldwide.

Photo – https://mma.prnewswire.com/media/2536963/1.jpg 

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Dow Jones to Expand WSJ Tech Live Event to Qatar

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Exclusive tech event will convene business leaders, investors and thought leaders in 2025

LAGUNA BEACH, Calif., Oct. 22, 2024 /PRNewswire/ — Dow Jones announced today the expansion of WSJ Tech Live through a multi-year agreement that will bring the marquee event to the State of Qatar starting next year. Appearing on stage at this year’s event in Laguna Beach, Calif., Sheikh Jassim bin Mansour bin Jabor Al Thani, Director of the Government Communications Office of the State of Qatar, and Almar Latour, publisher of The Wall Street Journal and CEO of Dow Jones, jointly announced that WSJ Tech Live Qatar will debut in late 2025 and take place annually for five years.

This marks the first time WSJ’s most exclusive tech event will be held in the Middle East. The invitation-only conference will bring together an audience of over 200 C-suite executives, investors, innovative startups and influential venture capitalists from across the world. Dow Jones will continue to operate WSJ Tech Live annually in California while adding WSJ Tech Live Qatar to the calendar starting in December 2025.

Sheikh Jassim highlighted that the conference aligns with Qatar’s vision to become a global hub for advanced technology and innovation, as outlined in the Third National Development Strategy and Qatar National Vision 2030.

“Hosting WSJ Tech Live marks another significant step in the growth of Qatar’s technology ecosystem,” said Sheikh Jassim. “When the world’s top tech leaders gather in Qatar, it will create an unparalleled opportunity to benefit from their diverse expertise, insights and global networks. This will inspire local talent, attract international investment, and create avenues for strategic global partnerships that propel our development journey forward.”

“Dow Jones and The Wall Street Journal deliver reliable journalism, data, and analytics to business professionals worldwide, and to do so we must reflect the entire global business community,” said Latour. “With the MENA region’s growth and increased role in tech–especially at the intersection of AI and the energy sector–we are delighted to be partnering with Qatar.”

Currently in its 11th year, WSJ Tech Live convenes the biggest newsmakers in technology across entertainment, music, robotics and AI, science and more. This year’s marquee event is the company’s most successful Tech Live since its inception, with record-breaking sponsorship revenue. The event showcased groundbreaking insights on a wide range of topics including the global impact of generative AI, the future of brain-computer interfaces, the outlook for startup investments, fostering the next generation of technology talent and how the upcoming U.S. election could impact the tech industry.

WSJ Tech Live joins a series of global events hosted in Qatar, including the FIFA World Cup™, Web Summit Qatar, Formula 1 Qatar Grand Prix, and Doha Forum. The event also builds on Dow Jones’s existing presence in MENA, which serves as an important hub for reporting from The Wall Street Journal, and home to key sales and services functions.

About Dow Jones
Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world’s largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America’s largest newspaper by paid circulation; Barron’s, MarketWatch, Mansion Global, Financial News, Investor’s Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).

About the Government Communications Office of the State of Qatar
The Government Communications Office was established in 2015 to serve as the strategic communications arm of the State of Qatar. It coordinates communications activities across government and public-sector institutions, showcasing the country’s vision, initiatives and achievements in line with the Qatar National Vision 2030.

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PUDO Announces New Member on the Board of Directors

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TORONTO, Oct. 22, 2024 /CNW/ – PUDO Inc. (“PUDO” or the “Company”) (CSE: PDO; OTCQB: PDPTF), announces the appointment of Peter Whitcomb to the Company’s Board of Directors.

Commented Peter Whitcomb, “Over the last several years the PUDO solution has grown and matured significantly.  In working with apparel retailers, I am well aware of the challenges retailers face when trying to address customer returns.  The PUDO solution is one that offers an efficient alternative to the large courier companies at a very competitive price.  I am excited to be a part of this company.”

PUDO’s CEO, Elliott Etheredge stated, “Peter is a great addition to the PUDO board.  His extensive experience and relationships with large retailers will be of significant value as we look to expand our client base in Canada and the United States.  We look forward to having him as part of the team.”

To signup for the PUDO News Feed please subscribe at https://pudopoint.com/investors/

For more information, please visit www.pudopoint.com 

About PUDO Inc. 
PUDO Inc. is North America’s only independent parcel pick-up and drop-off counter network. 

PUDO has created a Network of more than 1,200 storefront partners known as PUDOpoint Counters, strategically located very near to where people live, work and play.

PUDO partners with retailers and logistics providers to offer a last-mile pick-up and returns network for ecommerce shoppers that reduces cost, increases convenience and provides package security to the last-mile of package logistics.  Visit: www.pudopoint.com.

Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws, such as statements regarding estimated revenues from new contracts, increased parcel volume, activation and implementation of PUDO’s technology and possible future expansions of PUDO’s operations. This information is based on current expectations and assumptions of management, including assumptions concerning PUDO’s ability to integrate its new customers into its network and successfully execute on its new and existing contracts. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, without limitation, uncertainties with respect to service implementation, the economic results of the relationship on the operations of the Company, changes in general economic, market, or business conditions, and those risks set out in the Company’s public documents filed on SEDAR. This press release, in particular the information in respect of estimated revenues, may contain future-oriented financial information or financial outlook within the meaning of applicable securities laws. Such future-oriented financial information or financial outlook has been prepared for the purpose of providing information about management’s reasonable expectations as to the anticipated results of its proposed business activities. Readers are cautioned that reliance on such information may not be appropriate for other purposes.

The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by law.

SOURCE Pudo Inc.

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