Home Services Market Report 2026

The home services market size has grown strongly in recent years. It will grow from $424.86 billion in 2025 to $463.93 billion in 2026 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to increasing urban housing stock, rising dual-income households, growing outsourcing of household tasks, expansion of home renovation activities, increased availability of skilled service professionals.

The home services market size is expected to see strong growth in the next few years. It will grow to $652.67 billion in 2030 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to increasing smart home adoption, rising investments in digital service platforms, growing demand for preventive home maintenance, expansion of aging-in-place services, increasing focus on customer experience optimization. Major trends in the forecast period include increasing adoption of online home service platforms, rising demand for integrated home maintenance solutions, growing preference for on-demand service models, expansion of subscription-based home services, enhanced focus on service quality and trust.

The increasing number of dual-income households is expected to drive the growth of the home services market in the coming years. A dual-income household refers to a family in which both adults earn income, usually through full-time or part-time employment. This arrangement raises overall household income and often supports an improved standard of living. The rise in dual-income households is driven by the need for greater financial stability and higher earnings amid increasing living expenses. As both partners are typically occupied with work commitments, these households have less time for domestic responsibilities, leading to higher demand for home services that provide convenience and time-saving benefits. For example, in June 2024, according to Statistics Korea, a South Korea-based government agency, the number of double-earner households reached 6.115 million as of October 2023, representing an increase of 268,000 households compared with the same period in 2022. Therefore, the growing number of dual-income households is contributing to the expansion of the home services market.

Leading companies in the home services market are investing in technological innovations such as service apps to simplify booking processes, improve communication with customers, enable real-time service tracking, and enhance overall efficiency and satisfaction. Service apps are mobile or web-based platforms that allow users to easily book, manage, and monitor home services such as cleaning, repairs, or maintenance in real time. For instance, in May 2025, GreenPal, a U.S.-based online platform connecting homeowners with local, pre-screened lawn care professionals via mobile and web applications, launched its on-demand lawn care service in Laredo, Texas. This digital solution allows homeowners to instantly connect with vetted landscapers who submit competitive bids for service requests. Through the app, users can compare quotes, check provider ratings, schedule appointments, and securely process payments - all without contracts. This launch reflects GreenPal’s ongoing expansion of streamlined, technology-driven lawn care services across the U.S.

In June 2025, Evive Brands, a U.S.-based multi-branded service organization, acquired Maid Brigade for an undisclosed amount. Through this acquisition, Evive Brands seeks to broaden its presence in the home services sector by leveraging Maid Brigade’s trusted brand, extensive franchise network, and expertise in eco-friendly cleaning to drive growth and foster cross-brand collaboration. Maid Brigade is a U.S.-based franchise offering residential and commercial eco-friendly cleaning services throughout North America.

Major companies operating in the home services market report are The Home Depot Inc., Lowe’s Companies Inc., UrbanClap Technologies India Private Limited, Angi Inc., NoBroker Technologies Solutions Private Limited, HomeAdvisor Inc., Houzz Inc., Thumbtack Inc., Helpling GmbH & Co. KG, MyClean Inc., Oneflare Pty Ltd, Sweeten Inc., Paintzen Inc., McQuillan Bros Plumbing Heating and AC LLC, Preferred Home Services LLC, Pann Home Services and Remodeling Inc., AskforTask Inc., Gapoon Online Consumer Services Pvt. Ltd., Handy Technologies Inc., Homeaglow Inc., Tidy Technologies Inc.

North America was the largest region in the home services market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the home services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the home services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The home services market consists of revenues earned by entities by providing services such as plumbing, electrical, and heating, ventilation, and air conditioning systems (HVAC) installation and maintenance. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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