KSA On-Demand Home Service Market Overview
According to SPER Market Research, the KSA On-Demand Home Service Market is estimated to reach USD XX billion by 2033 with a CAGR XX%.
An innovative idea called on-demand home service makes it incredibly simple for people to get a variety of services delivered right to their door whenever they need them. It's like having a special button that you can click whenever you need a plumber, electrician, or even someone to clean your house. Due to technology and people's desire for convenience and customization, this idea has gained popularity. Assume you have a leaking tap or an electrical problem at home. Instead of spending hours looking for someone who can fix it, on-demand home service allows you to just use an app or website on your phone. You'll find a list of services in your surrounding area, such as plumbing and electrical repairs. You can select the service you require, and someone will come to your home to resolve the issue. It saves you time and effort because you won't have to make several phone calls or conduct extensive research.
Exploring the Growth Drivers of the KSA On-Demand Home Service Industry
The increasing digital penetration and smartphone use in the country is one of the primary growth drivers of the KSA on-demand home service market. The internet and smartphone usage in Saudi Arabia has increased, with a substantial section of the population relying on digital platforms for a variety of requirements. This high digital penetration creates an ideal setting for on-demand home service platforms to easily link service providers and consumers. The accessibility of services via mobile applications has made it easier for Saudi residents to obtain services like as home repairs, cleaning, beauty services, and more.
What challenges does the KSA On-Demand Home Service Market face?
The on-demand home service sector in Saudi Arabia (KSA) confronts a number of issues that must be addressed. The requirement for clear regulations and standards is one difficulty. Given the rapid growth of this sector, it is critical to have rules in place to ensure that the services supplied are of high quality and safe for clients. Background checks and certifications may be included in these regulations to ensure that service providers are qualified. It's also critical to have fair pricing and a plan in place to deal with any concerns that may arise.
In what ways has the COVID-19 pandemic affected KSA On-Demand Home Service Market?
The impact of the COVID-19 epidemic on the KSA on-demand home service sector was varied. While some industries encountered difficulty due to regulations and health concerns, others saw an increase in demand. The increased emphasis on safety and cleanliness, as well as the quicker adoption of digital platforms, have created potential for industry growth and innovation. As the pandemic scenario unfolds, the on-demand home service market in Saudi Arabia will continue to change and play an important role in satisfying the changing demands and expectations of clients.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type of Services, By Deployment
|
| Regions covered | Northern Region, Central Region, Western Region, Eastern Region, Southern Region
|
| Companies Covered | Albaap, Firstfix, Healthy Home, Jawa Hr, Kone, Maharah, New Vision, Serviis, Smasco, Urban Company, Others
|
Key Target Audience
- Busy Professionals
- Elderly or Disabled Individuals
- Dual-Income Families
- Tech-Savvy Millennials
KSA On-Demand Home Service Market Segmentation:
1. By Type of Services:
- KSA On-Demand Home Service Market Value Share and Forecast, By Type of Services, 2023-2033
- Cleaning
- Maintenance and Repairs
- Others
2. By Deployment:
- KSA On-Demand Home Service Market Value Share and Forecast, By Deployment, 2023-2033
- Online
- Offline
3. By Region:
- Northern Region
- Central Region
- Western Region
- Eastern Region
- Southern Region
Key Topics Covered in the Report
- KSA On-Demand Home Service Market Size (FY’2023-FY’2033)
- Overview of KSA On-Demand Home Service Market
- Segmentation of KSA On-Demand Home Service Market By Type of Service (Cleaning, Maintenance and Repairs)
- Segmentation of KSA On-Demand Home Service Market By Deployment (Online, Offline)
- Statistical Snap of KSA On-Demand Home Service Market
- Growth Analysis of KSA On-Demand Home Service Market
- Problems and Challenges in KSA On-Demand Home Service Market
- Competitive Landscape in the KSA On-Demand Home Service Market
- Impact of COVID-19 and Demonetization on KSA On-Demand Home Service Market
- Details on Recent Investment in KSA On-Demand Home Service Market
- Competitive Analysis of KSA On-Demand Home Service Market
- Key Players in the KSA On-Demand Home Service Market
- SWOT Analysis of KSA On-Demand Home Service Market
- KSA On-Demand Home Service Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the KSA On-Demand Home Service Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. KSA On-Demand Home Service Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in KSA On-Demand Home Service Market
7. KSA On-Demand Home Service Market, By Type of Services (USD Million)
7.1. KSA On-Demand Home Service Market Value Share and Forecast, By Type of Services, 2023-2033
7.2. Cleaning
7.3. Maintenance and Repairs
7.4. Others
8. KSA On-Demand Home Service Market, By Deployment (USD Million)
8.1. KSA On-Demand Home Service Market Value Share and Forecast, By Deployment, 2023-2033
8.2. Online
8.3. Offline
9. KSA On-Demand Home Service Market Forecast, 2019-2033 (USD Million)
9.1. KSA On-Demand Home Service Market Size and Market Share
10. KSA On-Demand Home Service Market, By Type of Services, 2019-2033 (USD Million)
10.1. KSA On-Demand Home Service Market Size and Market Share by Type of Services (2019-2026)
10.2. KSA On-Demand Home Service Market Size and Market Share by Type of Services (2027-2033)
11. KSA On-Demand Home Service Market, By Deployment, 2019-2033 (USD Million)
11.1. KSA On-Demand Home Service Market Size and Market Share by Deployment (2019-2026)
11.2. KSA On-Demand Home Service Market Size and Market Share by Deployment (2027-2033)
12. KSA On-Demand Home Service Market, By Region, 2019-2033 (USD Million)
12.1. KSA On-Demand Home Service Market Size and Market Share by Region (2019-2026)
12.2. KSA On-Demand Home Service Market Size and Market Share by Region (2027-2033)
12.3. Northern Region
12.4. Central Region
12.5. Western Region
12.6. Eastern Region
12.7. Southern Region
13. Company Profile
13.1. Albaap
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Firstfix
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Healthy Home
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Jawa Hr
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Kone
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Maharah
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. New Vision
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Serviis
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Smasco
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Urban Company
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
