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Dublin –(Business Wire) – This “UAE On-Demand Home Services Industry Outlook to 2026” report added to ResearchAndMarkets.com’s supply.
The market size is expected to grow at a five-year CAGR of 9.7% through 2026.
The growing market size is expected to be driven by increasing number of services offered across all markets and service providers, customer awareness of the ease of use of these on-demand home services, and growing e-commerce platform offerings. Serve buyers in a short time.
This report provides a comprehensive analysis of the On-Demand Home Services industry by analyzing historical statistics and corresponding developments of the On-Demand Home Services market.
The report covers various aspects including On-Demand Home Services Industry Market Size, Evolution and Market Potential, Ecosystem, Market Snapshot and Service Provider Business Models, Growth Trends and Developments, Porter 5 Forces Analysis, Rules and Regulations, COVID- 19 Impacts, demand drivers, challenges, future trends and industry outlook.
The report also provides a cross-comparison of the competitive landscape of the On-Demand Home Services industry and a cross-comparison between the key players operating in the ecosystem, namely the market and service providers, based on company profiles, service offerings, commercial USPs, booking models, ratings Get an in-depth look at the latest developments and activity on the app, customer reviews, cancellation and refund policies, social media.
The report also covers a case study of one of the top UAE markets, its company profile, reasons for expansion in other regions, business model, cost structure, revenue streams, marketing strategies, customer relationships, key activities.
UAE On-Demand Home Services Market Overview and Size
The on-demand home services industry in the UAE is in its infancy. From 2017 to 2019, the industry saw single-digit growth before the pandemic. During the COVID period, the growth rate of the industry has soared due to the growing focus on better hygiene and disinfection. Additionally, the fear of going out of the house has led to the emergence of on-demand home services in the UAE.
Consumer spending increased from 2016 to 2021. The UAE also has a high internet penetration rate. The adaptation of apps through smartphones and mobile broadband has created emerging consumer-facing websites and mobile apps for these on-demand home service companies.
As working women are busy with their jobs, they are unable to take care of their own homes, resulting in an increased demand for home services. Customers seek the promised service; thus, a marketplace begins to emerge, reducing the hassle of finding service providers for customers. Also, there are no hidden costs; customers need to pay upfront fees for the specific services they use.
The government of the United Arab Emirates issued a decree in November 2020 announcing that foreign investors can fully own local companies without the need for a UAE sponsor, which will help new startups enter the industry.
On-Demand Home Services Market Segmentation in UAE
By type of service (cleaning, repair and maintenance, grooming and others):
In terms of bookings, cleaning services will have the highest market share in 2021. Beauty services have the second largest market share. On-demand home services reduce the time it takes to go to the salon as well as wait times.
By Geographical Location (Dubai, Abu Dhabi, Others):
Dubai already holds the largest market share as of 2021. Dubai has the largest working population, so on-demand home services are in high demand. Abu Dhabi has the second largest market share. People lived in large houses or villas and, therefore, hired full-time helpers or maids.
By deployment (online, offline):
The offline model will dominate the market in 2021 as people prefer customized services that are not readily available online. People are reluctant to try new service providers or marketplaces that offer online on-demand services.
Competitive Landscape of On-Demand Home Services Industry in UAE
The on-demand home services industry in the UAE is highly fragmented, with a large number of service providers and markets. The marketplace employs a lease or open market business model. These players compete with each other on the basis of service product, service quality, price and brand value.
Many companies have rebranded to reflect their position in the market and justify the range of service offerings. The report provides a cross-comparison of the top players in the market along with the top service providers in the UAE. The report contains detailed case studies on “City Companies”.
On-demand home service industry demand analysis
Total Addressable, Serviceable Addressable Market of On-Demand Home Services Industry by 2021
Demand Drivers and Trends in the On-Demand Home Services Industry
Consumer spending and preferences in the on-demand home services industry
The impact of COVID-19 on the demand and user preferences of the on-demand home services industry
Industry Analysis of On-Demand Home Services Industry
On-Demand Home Services Industry Trends and Developments
Porter’s Analysis of the On-Demand Home Services Industry
Growth Drivers of On-Demand Home Services Industry
Challenges Facing the On-Demand Home Services Industry
Government Rules and Regulations for the On-Demand Home Services Industry
Impact of COVID-19 on the On-Demand Home Services Industry
Comparison of pre- and post-COVID scenarios
Competitive Landscape of On-Demand Home Services Industry in 2021
In Years, Key Management, Revenue, Headquarters, Total Employees, USP, Services Offered, Booking Patterns, Ratings, Customer Reviews, Cancellation and Refund Policy, Social Media Presence, Discounts, What’s New
Crossover of top on-demand home service providers (Hitches & Glitches, MPlus, Elite Maids, Helsters) in terms of Year, Key Management, Revenue, Headquarters, Total Employees, USP, Services Offered, Booking Mode, Ratings, Customer Reviews Comparisons, cancellation and refund policies, social media presence, latest updates
Case studies of city companies, including company profiles, marketing strategies, international expansion, business models, cost structures, revenue streams, customer relationships and key activities
UAE on-demand home service players
market
just life
city company
service market
Rizer
Mr. Usta
service provider
faults and failures
MPlus
Elite Maid
Helper cleaning service
Covering the UAE On-Demand Home Services Industry
Time period captured in the report:
Historical period: 2017-2021
Forecast period: 2022F-2026F
By service type
clean
Repair and Maintenance
beauty
other
By geography
By Deployment
For more information on this report, please visit https://www.researchandmarkets.com/r/9c7epn
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