United States US Home Service Market was valued at USD 600 Billion in 2022 and is projected to reach USD 1,000 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The US Home Service Market is rapidly growing, driven by an increasing demand for household repairs, maintenance, and improvements. With the surge in homeownership and a rising interest in DIY projects, industries and consumers alike are seeking professional services to ensure their homes remain in top condition. The home service sector encompasses a wide range of services, including plumbing, electrical work, HVAC installation, home cleaning, landscaping, and more. As the market evolves, certain industries have specific requirements, fueling further demand.
One of the main factors contributing to the growth of the US Home Service Market is the increased need for home repair and maintenance services. According to reports, nearly 80% of homeowners are investing in home services to maintain the functionality and aesthetic of their properties. This demand is particularly high among older homes, where repairs and system upgrades are common. With this, there has been a significant rise in the number of home service businesses across the nation.
Industries such as real estate, property management, and insurance are also significant players in the home service market. Real estate agents often rely on home service professionals to complete repairs and updates before listing a property, ensuring it appeals to potential buyers. Property managers frequently require consistent services for maintenance and tenant satisfaction. Additionally, insurance companies often partner with home service providers for repairs following accidents or damages, making these services indispensable in the market.
The growing demand for smart home services also plays a crucial role in the expansion of the US Home Service Market. Homeowners are increasingly integrating technology into their living spaces, creating a need for tech-savvy professionals who can install and maintain smart home systems such as security cameras, thermostats, and lighting systems. This evolution calls for specialized services to meet the technological demands of modern homes.
In response to the increasing need for skilled professionals, many companies have begun offering online booking systems, real-time tracking, and customer reviews to improve service accessibility and quality. These technological advancements are transforming the way home services are delivered, making the market even more dynamic and accessible to both consumers and service providers.
As this market continues to grow, businesses are focused on improving the quality, reliability, and efficiency of their services. Consumers are now more likely to choose companies based on reputation, service reviews, and the convenience of booking services online, making customer satisfaction an essential component in the US Home Service Market’s ongoing success.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US US Home Service Market
Plumbing Services
Electrical Maintenance
HVAC Maintenance
Roof and Gutter Services
Window and Door Maintenance
Residential Cleaning
Carpet and Upholstery Cleaning
Window Cleaning
Post-Construction Cleaning
Deep Cleaning Services
Lawn Care and Maintenance
Tree Cutting and Pruning
Landscape Design and Installation
Irrigation Systems Installation
Outdoor Lighting Services
Kitchen Renovation
Bathroom Remodeling
Bespoke Carpentry Services
Basement Finishing
Home Addition Projects
General Pest Control
Termite Inspections and Treatment
Rodent Control
Wildlife Removal Services
Preventative Pest Management
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US US Home Service Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US US Home Service Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US US Home Service Market, By Type
6. US US Home Service Market, By Application
7. US US Home Service Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US US Home Service Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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