On Demand Home Services Industry in UAE is expected to be valued at AED 5 Bn. by 2026. Will UAE stand on the projected figure? : Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Increasing smartphone penetration along with influence of marketing strategies on social media are the main growth drivers of this industry More than 99% of the total population are smartphone users Smartphone features like push notifications, location tracking, and other features have made these on-demand services possible The growing e-commerce platform provides services to buyers in a short timeframe either through vertical integration or aggregated supply Companies are investing in digital marketing strategies to improve their service visibility and promoting sales. Advertisements on social media platforms such as YouTube, Instagram and Facebook are enabling companies to enhance brand awareness and attract potential customers The target audience of this industry is the young generation as they are the largest consumers of internet services. Consumers can raise a request for a home service that they are looking for using the web or an app. Interested to Know More about this Report, Request for a sample report 67% of the On-demand Home Services Addressable Market is untapped as households still prefer having full time maids, workers from unorganised sector for these services The total addressable market is the entire population, with an average of 3.9 persons in an household. Out of the entire population, only 40% of the households have income above AED10,000/month ~67% of the industry is untapped as majority of these households have full time maids/contacts with other service workers from the unorganized sector; hence they do not prefer booking on-demand home services from marketplaces or service providers. Therefore a vast opportunity exists for the On-demand service market to capture, by providing with better quality services and efficient services to the untapped marketplace and also by providing all the services at competitive prices which will lure the customers to adhere more to online on-demand services in UAE. Visit this Link :- Request for custom report Rising consumer spending along with growing number of working women, is driving the demand for On-Demand Home Services The consumer spending has increased from $163.9bn to $261bn from 2019-2021. This reflects a shift to a better standard of living. People prefer to get the home services done by professionals rather than doing it themselves. Consumer spending grew by 4.5% from 2020-21, boosted by Expo 2020 and an increase in the number of international travel The UAE has the highest percentage of total female labor participation in the GCC (including expatriate women). The female labor force participation rate in the UAE is5% in 2020. Due to the busy schedule of the working women, they are unable to take care of their home, leading to an increase in the demand for home services. With the increase in COVID cases, people are getting more conscious about house cleanliness and sanitization. This led to an increase in the demand for home services like deep cleaning, sanitization, disinfection and other services. Services such as at-home PCR tests have also increased due to the surge in infections, mostly from families who don’t want to wait at the clinic or hospital. 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