How Is The Global Housekeeping Platform Market Defined?
A housekeeping platform refers to an online service or software platform that connects individuals or businesses in need of housekeeping services with professional cleaners or housekeepers. These platforms provide a convenient way for users to book cleaning services, manage appointments, communicate with cleaners, and handle payments.
Housekeeping Platform Global Market Report 2024 provides data on the global housekeeping platform market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The Housekeeping Platform market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Are The Global Housekeeping Platform Market Size And Growth Rates Projected To Evolve?
The housekeeping platform market size has grown rapidly in recent years. It will grow from $3.74 billion in 2023 to $4.19 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to increased demand for efficiency, heightened focus on customer experience in the hospitality industry, shift towards automation, rise in the globalization of the hospitality industry, and rise in regulatory compliance requirements. The housekeeping platform market size is expected to see rapid growth in the next few years. It will grow to $6.67 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%. The growth in the forecast period can be attributed to the expansion of the Internet of Things (IoT) and smart technologies, the rise in emphasis on contactless solutions, the increasing focus on sustainability in the hospitality industry, the shift towards hybrid work models and remote operations in the hospitality industry. Major trends in the forecast period include the integration of AI and machine learning technologies, IoT integration within housekeeping platforms, the development of contactless solutions within housekeeping platforms, and the development of smart technologies within the hospitality industry.
What Are The Essential Drivers Behind The Growth Of The Housekeeping Platform Market?
An increasing number of tourists is set to propel the growth of the housekeeping platform market in the foreseeable future. Tourists, traveling for leisure or business, seek enhanced convenience and comfort during their stays, driving demand for efficient housekeeping services. Housekeeping platforms play a vital role in ensuring cleanliness, comfort, and convenience for travelers, optimizing their overall experience. For instance, according to the World Tourism Organization in May 2023, international tourism receipts surpassed $1 trillion in 2022, growing by 50% in real terms from 2021, with a significant increase in international tourist arrivals in Q1 2023 compared to 2022. This trend highlights how the rising number of tourists fuels demand for housekeeping platforms, driving market growth and enhancing service standards in the hospitality industry.
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How Is The Global Housekeeping Platform Market Divided Into Key Segments?
The housekeeping platform market covered in this report is segmented –
1) By Type: Online Platform, Mobile Terminal
2) By Pricing Model: Subscription Based, Pay As You Go
3) By Service: Maternal And Child Care, Elderly Care, Hourly Work, Other Services
4) By Application: Residential, Commercial, Industrial
What Trends Are Reshaping The Future Of The Housekeeping Platform Market?
Major companies in the housekeeping platform market are focusing on advanced technological solutions, such as housekeeping management software, to enhance their market presence. Housekeeping management software includes applications designed to streamline and optimize housekeeping operations in establishments like hotels, resorts, and vacation rentals. For example, in June 2022, RoomRaccoon, a Netherlands-based hotel management software company, introduced RaccoonHousekeeping. Integrated into RoomRaccoon's cloud-based Hotel Management System (HMS), this software digitizes manual processes, improves team communication, and boosts efficiency in assigning and tracking housekeeping tasks. It features real-time task assignment, smart scheduling, forecasting reports, and a mobile interface for housekeeping teams.
What Is The Fastest Growing Region In The Housekeeping Platform Market?
North America was the largest region in the housekeeping platform market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the housekeeping platform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
