Global Online On-demand Home Service Market Revenue Will Reach $1092.04 Billion in 2023

Online on-demand home service is a home service model based on internet technology and guided by user needs. In this mode, users can choose the required service items, schedule service hours, and select service personnel through online platforms or applications, thereby eliminating the tedious steps of traditional home services such as personally consulting and making appointments. At the same time, online on-demand home services can also provide more flexible and convenient service methods. Users can make appointments and purchase services at any time and place, without being limited by time and location.
In addition, online on-demand home services can also leverage technologies such as big data and artificial intelligence to deeply explore and analyze users’ needs, thereby providing more accurate and personalized service recommendations and solutions. This service model can not only improve the service experience and satisfaction of users but also help service providers better understand users’ needs and market trends, and improve their competitiveness and market share.
Overview of the Global Online On-Demand Home Service Market Development and Analysis of Segmented Markets
The global online on-demand home service market is a rapidly developing market, with its market size and influence continuously expanding in recent years. According to our research data, the global online on-demand home service market revenue is expected to reach $1092.04 billion in 2023 and is expected to increase to $1742.39 billion by 2025.
Online on-demand home services mainly include maintenance services, cleaning services, health and beauty services, and education services. Among them, maintenance services have the highest share. Data shows that in 2023, the estimated revenue of the maintenance service segment is $346.44 billion, with an estimated market share of 31.72%.

Global Online On-demand Home Service Market Revenue and Market Segmentation Analysis  

Global Online On-demand Home Service Market Revenue and Market Segmentation Analysis

Source: www.globalmarketmonitor.com
Analysis of the Online On-Demand Home Service Market In Major Regions 
From a regional perspective, North America is the largest revenue market for the global online on-demand home services industry. Data shows that the revenue of the North American online on-demand home service market is expected to reach $406.04 billion in 2023, accounting for 37.18% of the global total revenue. In addition, Europe and the Asia-Pacific region are also the main markets for online on-demand home services worldwide. In 2023, the online on-demand home service market in Europe and the Asia-Pacific region is expected to rank second and third with revenue shares of 28.92% and 28.67%, respectively.

Global Online On-demand Home Service Market Revenue and Share Forecast by Region in 2023

Regions

Market Revenue (Billion USD)

Market Share

North America

406.04

37.18%

Europe

315.87

28.92%

Asia Pacific

313.07

28.67%

South America

32.59

2.98%

Middle East & Africa

24.47

2.24%

Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "2023 Global Online On-demand Home Services Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".

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