PR Newswire
NEW YORK, June 27, 2022
NEW YORK, June 27, 2022 /PRNewswire/ -- The online on-demand home services market size in Malaysia is expected to grow by USD 50.49 billion from 2020 to 2025, progressing at a CAGR of 55.29% as per the latest market report by Technavio. The online on-demand home services market share growth in Malaysia by the home care and design segment will be significant for revenue generation. The segment is fragmented, with the presence of numerous small and large players operating in the market, offering a wide range of home care and design services. Changes in consumer lifestyles, as well as an increase in the disposable income of people in Malaysia, are fueling the demand for on-demand home cleaning and design services. The rise in the number of vendors offering home care and design services will contribute significantly to the growth of the online on-demand home services market in Malaysia.
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Online On-demand Home Services Market in Malaysia: Drivers
Online On-demand Home Services Market in Malaysia: Challenges
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Online On-demand Home Services Market In Malaysia: Segmentation Analysis
The market research report segments the online on-demand home services market in Malaysia is segmented by:
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Online On-demand Home Services Market In Malaysia Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 55.29% |
Market growth 2021-2025 | USD 50.49 billion |
Market structure | Fragmented |
YoY growth (%) | 42.93 |
Performing market contribution | Malaysia at 100% |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | ADVANCE DREAMS VENTURE Sdn Bhd, Breezy Clean Homes, Business Pixel Sdn Bhd, Clinfess Enterprise, EasyFix, Grab Maid Tech Sdn Bhd, Kaodim, LocalService Malaysia, M4U SERVICES Sdn Bhd, and Maideasy Sdn Bhd |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Service
Market Segmentation by Platform
Vendor Landscape
Vendor Analysis
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.
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