The online on-demand home services market in Malaysia is fragmented and characterized by the presence of numerous local and international suppliers. Marketplace sellers aim to expand their customer base to increase their income. They also form strategic alliances with other players to increase their market shares as well as their profitability. Search engine optimization and social media advertising are some of the other key strategies adopted by vendors in the market.
Technavio identifies 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 as dominant market players. Factors such as the benefits of on-demand online home services, rising internet penetration and growing influence of digital media will provide immense growth opportunities for market players. However, the strong competition among vendors and the lack of a standard pricing model will challenge the growth of market players. To make the most of the opportunities, sellers in the market should focus more on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Online on-demand home services market in Malaysia 2021-2025: Segmentation
Online on-demand home services market in Malaysia is segmented as below:
- Service
- Home care and conception
- Repair and maintenance
- HWB
- Others
- Platform
- Mobile apps
- online website
By service, home care and design segment accounted for the maximum market share in 2021. Changing consumer lifestyles and rising disposable incomes are driving the demand for online home care and design services. custom design in Malaysia. Furthermore, the increase in time spent at home, driven by the adoption of the work from home policy, has further increased the demand for on-demand home services in the country, which is contributing to the growth of the segment.
By platform, the mobile application segment will have the largest market share. Increased usage of mobile applications, high adoption of smartphones and growing internet penetration are driving the growth of the segment.
Technavio presents a detailed picture of the market through the study, synthesis and summation of data from several sources. Our on-demand online home services marketplace in Malaysia report covers the following areas:
Online on-demand home services market in Malaysia 2021-2025: Supplier analysis
We provide a detailed analysis of around 25 vendors operating in the online on-demand home services market in Malaysia. Backed by competitive intelligence and benchmarking, our Online On-demand Home Services Market research report in Malaysia is designed to provide entry assistance, customer profiles and M&A as well as go-to-market strategy support.
Online on-demand home services market in Malaysia 2021-2025: Highlights
- Market CAGR over the forecast period 2021-2025
- Detailed information on the factors that will contribute to the growth of the Online Home Services market in Malaysia over the next five years
- Estimated market size of online on-demand home services by Malaysia and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the online on-demand home services market in Malaysia
- Market Competitive Landscape Analysis and Detailed Vendor Information
- Comprehensive details of the factors that will challenge the growth of the Online On-demand Home Services Market vendors in Malaysia
Related reports:
U.S. Online Home Furniture Market by Product and Material – Forecast and Analysis 2022-2026
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Online on-demand home services market in Malaysia |
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Report cover |
Details |
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Page number |
120 |
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Year of reference |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum and CAGR |
Accelerate at a CAGR of 55.29% |
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Market Growth 2021-2025 |
$50.49 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
42.93 |
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Regional analysis |
Malaysia |
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Successful market contribution |
100% Malaysia |
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Main consumer countries |
Malaysia |
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Competitive landscape |
Leading companies, competitive strategies, scope of consumer engagement |
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Profiled companies |
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 |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period. |
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Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
Contents :
Abstract
Market landscape
- Market ecosystem
- Value chain analysis
Market sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market Outlook: Predictions for 2020 – 2025
Five forces analysis
- The bargaining power of buyers
- Bargaining power of suppliers
- The threat of new entrants
- The threat of substitutes
- Threat of rivalry
- Market state
Market segmentation by service
- Market segments
- Comparison by service
- Home care and design – Market size and forecast 2020-2025
- Repair and maintenance – Market size and forecast 2020-2025
- HWB – Market size and forecast 2020-2025
- Others – Market size and forecast 2020-2025
- Market opportunity by service
Market segmentation by platform
- Market segments
- Comparison by platform
- Mobile Applications – Market size and forecast 2020-2025
- Online Website – Market size and forecast 2020-2025
- Market opportunity by platform
- Market factors
- Market challenges
- Market trends
Supplier Landscape
- Overview
- Supplier Landscape
- Landscape disturbance
Vendor analysis
- Suppliers Covered
- Positioning on the supplier market
- ADVANCE DREAMS VENTURE Sdn Bhd
- Clean and fresh houses
- Company Pixel Sdn Bhd
- Clinfess Company
- EasyFix
- Grab Maid Tech Sdn Bhd
- Kaodim
- LocalService Malaysia
- M4U SERVICES Sdn Bhd
- Maideasy Sdn Bhd
appendix
- Report scope
- Currency conversion rates for the US dollar
- Research methodology
- Abreviations list
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