India Home Service Market
India Home Services Market By Deployment, By Repairs & maintenance, By Home Improvement Type, By Geographic Analysis And Forecast
According to Verified Market Research, the India Home Services Market was valued at USD 10.29 Billion in 2018 and is projected to reach USD 65.51 Billion by 2026, growing at a CAGR of 27.2% from 2019 to 2026.
Home services is a term that is used encompasses various intangible assets that are provided by businesses for residential homes. There are several businesses that are provided by home services that span across various sectors of business such as repairs and maintenance, installations, home improvement, and others. As the number of services that can be provided by the home service market increases, the scope, and therefore the industry of home services is growing. With the increase in the adoption of technology comes the increase in the online as well as mobile booking services. Home services are essentially a more modern and simplified way to buy as well as schedule professional services.
Applications of home services include services such as construction, interior design, electricity, plumbing, non-HVAC home applications, gas and more. From the consumer’s point of view, home services is an attractive service model as it is timesaving for the consumer. The “Global Home Services Market” is split into four segments, i.e. on the basis of repairs & maintenance, installations, by segment and by geography. These segments give an overview of the market and offer a qualitative and quantitative market study of the product/service.
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