Key Takeaways
- The U.S. home services market was valued at $579 billion in 2022.
- Global home services market size reached $1.2 trillion in 2023.
- Home services industry grew by 5.2% CAGR from 2018-2023 in North America.
- 68% of U.S. homeowners used a home service app in 2023.
- Average spend per home service project $450 in U.S. 2023.
- 42% of consumers prefer booking home services online.
- U.S. home service workforce totals 2.5 million in 2023.
- Plumbers employment 48,600 in U.S. 2023.
- HVAC technicians 375,900 employed U.S. 2023.
- 65% of AI tools used for scheduling in home services.
- 72% of providers use mobile apps for jobs.
- Drones used in 15% of roofing inspections.
- California home services market 20% of U.S. total.
- Florida leads in HVAC services with $12B revenue.
- Texas plumbing jobs 15% national average.
The home service industry is a massive and steadily growing global market.
Consumer Trends
- 68% of U.S. homeowners used a home service app in 2023.
- Average spend per home service project $450 in U.S. 2023.
- 42% of consumers prefer booking home services online.
- Millennials account for 35% of home service bookings.
- 55% of homeowners delay services due to cost concerns.
- Emergency services requested by 28% of customers annually.
- 73% of users read reviews before hiring home services.
- Repeat customers make up 60% of home service revenue.
- 49% of bookings are for cleaning services.
- Women initiate 52% of home service requests.
- Average wait time tolerance 48 hours for non-emergency services.
- 61% prefer local independent contractors over chains.
- Eco-friendly services chosen by 37% of consumers.
- Subscription models used by 22% for recurring services.
- 45% of Gen Z use social media for service discovery.
- Peak booking season summer with 40% more requests.
- 67% value insurance and licensing highly.
- Virtual quotes accepted by 58% of customers.
- Post-pandemic, 75% comfortable with in-home services.
- Average rating expectation 4.7/5 stars.
- 39% cancel due to poor communication.
- Weekend bookings 55% of total.
- Pet-friendly services demanded by 31%.
- Voice search used by 18% for services.
- Bundled services purchased by 26%.
- 52% influenced by referral from friends.
Consumer Trends Interpretation
Employment Statistics
- U.S. home service workforce totals 2.5 million in 2023.
- Plumbers employment 48,600 in U.S. 2023.
- HVAC technicians 375,900 employed U.S. 2023.
- Electricians 72,200 in U.S. 2023.
- Janitors and cleaners 2.4 million U.S. 2023.
- Landscapers and groundskeepers 1.2 million U.S. 2023.
- Median wage for plumbers $60,090 annually U.S. 2023.
- 15% annual turnover rate in home services.
- 45% of workers are self-employed.
- Apprenticeships filled 120,000 positions in 2023.
- Women represent 12% of trade workforce.
- Average hours worked 42 per week.
- 28% growth projected for HVAC jobs by 2032.
- Gig workers 30% of total home service labor.
- Training costs average $5,000 per new hire.
- Unemployment rate 2.8% in sector 2023.
- Painters employment 378,900 U.S. 2023.
- Pest control workers 25,300 U.S. 2023.
- Roofers 114,200 U.S. 2023.
- Handymen categorized under 1.1 million maintenance workers.
- Licensing required for 65% of trades.
- Overtime paid to 35% of workers weekly.
- Union membership 12% in home services.
- Injury rate 3.2 per 100 workers annually.
- Remote training adopted by 40% of firms.
- 55% of workers aged 25-44.
- Benefits coverage 68% full-time workers.
- Shortage of 500,000 skilled tradespeople U.S. 2023.
Employment Statistics Interpretation
Market Size and Growth
- The U.S. home services market was valued at $579 billion in 2022.
- Global home services market size reached $1.2 trillion in 2023.
- Home services industry grew by 5.2% CAGR from 2018-2023 in North America.
- U.S. residential repair and maintenance services revenue hit $450 billion in 2023.
- Home cleaning services segment valued at $89.5 billion globally in 2022.
- HVAC services market in U.S. reached $150 billion in 2023.
- Plumbing services revenue in Europe grew to €120 billion in 2023.
- Landscaping services market size was $114 billion in the U.S. in 2022.
- Pest control services generated $22.6 billion in U.S. revenue in 2023.
- Handyman services market projected at $4.2 billion in U.S. by 2025.
- Electrical services sector valued at $180 billion globally in 2023.
- Home renovation services hit $430 billion in U.S. spending in 2023.
- Appliance repair market size $5.8 billion in North America 2022.
- Roofing services revenue $53 billion in U.S. 2023.
- Window cleaning services $2.5 billion U.S. market 2023.
- Garage door services $2.1 billion U.S. 2023.
- Pool maintenance $15 billion global 2023.
- Carpet cleaning $6.9 billion U.S. 2022.
- House painting services $45 billion U.S. 2023.
- Locksmith services $2.3 billion U.S. 2023.
- Dryer vent cleaning $500 million U.S. 2023.
- Chimney sweep services $400 million U.S. 2022.
- Gutter cleaning $1.2 billion U.S. 2023.
- Home organizing services $1.5 billion U.S. 2023.
- Pressure washing $2.8 billion U.S. 2023.
- Snow removal services $3.5 billion U.S. winter 2023.
- Junk removal $10 billion U.S. 2023.
- Moving services $18 billion U.S. 2023.
- Interior design services $15 billion U.S. 2023.
- U.S. home services market expected to reach $700 billion by 2028.
Market Size and Growth Interpretation
Regional Variations
- California home services market 20% of U.S. total.
- Florida leads in HVAC services with $12B revenue.
- Texas plumbing jobs 15% national average.
- New York cleaning services density highest at 5.2 per 1k residents.
- Midwest landscaping 25% above national growth.
- Northeast electrical services $25B market.
- Southwest pest control highest demand per capita.
- Pacific region renovation spending $100B 2023.
- Southeast roofing services peak post-hurricanes.
- Mountain states snow removal $1.5B.
- Urban areas 70% of total bookings.
- Rural service costs 15% higher due to travel.
- Canada home services $50B CAD Ontario dominant.
- UK London 30% national home services spend.
- Australia Sydney HVAC market $2B AUD.
- Germany Bavaria plumbing leader.
- India urban metros 80% market share.
- Brazil Sao Paulo cleaning services boom.
- 40% services in top 10 U.S. metros.
- Sunbelt states 45% growth in last decade.
- Northeast winter services 2x summer.
Regional Variations Interpretation
Technology and Innovation
- 65% of AI tools used for scheduling in home services.
- 72% of providers use mobile apps for jobs.
- Drones used in 15% of roofing inspections.
- IoT devices monitored in 28% of smart homes services.
- AR/VR training used by 22% of companies.
- Online booking platforms handle 50% of leads.
- GPS tracking in 80% of service vans.
- Predictive maintenance AI saves 20% costs.
- 45% use CRM software like Jobber.
- Video estimates reduce no-shows by 30%.
- Blockchain for payments in 5% of transactions.
- Robotic vacuums serviced 10 million units 2023.
- 5G enables 35% faster response times.
- Digital payments 75% of total.
- Chatbots handle 40% initial inquiries.
- BIM software in 18% renovation projects.
- Wearables track worker safety in 25% firms.
- Cloud invoicing adopted by 60%.
- Thermal imaging cameras used by 50% electricians.
- Automation reduces admin time by 40%.
- Voice assistants integrate 12% service bookings.
- Data analytics optimize routes 25% efficiency gain.
- Cybersecurity breaches affected 8% providers.
- 3D printing parts used in 7% repairs.
- NFC payments rising 30% YoY.
- VR home tours for quotes 15% adoption.
Technology and Innovation Interpretation
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