The number of U.S. home sales in the United States declined in 2024, after soaring in 2021. A total of four million transactions of existing homes, including single-family, condo, and co-ops, were completed in 2024, down from 6.12 million in 2021. According to the forecast, the housing market is forecast to head for recovery in 2025, despite transaction volumes expected to remain below the long-term average. Why have home sales declined? The housing boom during the coronavirus pandemic has demonstrated that being a homeowner is still an integral part of the American dream. Nevertheless, sentiment declined in the second half of 2022 and Americans across all generations agreed that the time was not right to buy a home. A combination of factors has led to house prices rocketing and making homeownership unaffordable for the average buyer. A survey among owners and renters found that the high home prices and unfavorable economic conditions were the two main barriers to making a home purchase. People who would like to purchase their own home need to save up a deposit, have a good credit score, and a steady and sufficient income to be approved for a mortgage. In 2022, mortgage rates experienced the most aggressive increase in history, making the total cost of homeownership substantially higher. Are U.S. home prices expected to fall? The median sales price of existing homes stood at 413,000 U.S. dollars in 2024 and was forecast to increase slightly until 2026. The development of the S&P/Case Shiller U.S. National Home Price Index shows that home prices experienced seven consecutive months of decline between June 2022 and January 2023, but this trend reversed in the following months. Despite mild fluctuations throughout the year, home prices in many metros are forecast to continue to grow, albeit at a much slower rate.

House prices in the UK rose dramatically during the coronavirus pandemic, with growth slowing down in 2022 and turning negative in 2023. The year-on-year annual house price change peaked at 14 percent in July 2022. In April 2025, house prices increased by 3.5 percent. As of late 2024, the average house price was close to 290,000 British pounds. Correction in housing prices: a European phenomenon The trend of a growing residential real estate market was not exclusive to the UK during the pandemic. Likewise, many European countries experienced falling prices in 2023. When comparing residential property RHPI (price index in real terms, e.g. corrected for inflation), countries such as Germany, France, Italy, and Spain also saw prices decline. Sweden, one of the countries with the fastest growing residential markets, saw one of the largest declines in prices. How has demand for UK housing changed since the outbreak of the coronavirus? The easing of the lockdown was followed by a dramatic increase in home sales. In November 2020, the number of mortgage approvals reached an all-time high of over 107,000. One of the reasons for the housing boom were the low mortgage rates, allowing home buyers to take out a loan with an interest rate as low as 2.5 percent. That changed as the Bank of England started to raise the base lending rate, resulting in higher borrowing costs and a decline in homebuyer sentiment.

Key information about House Prices Growth

• US house prices grew 3.3% YoY in Sep 2025, following an increase of 4.1% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1992 to Sep 2025, with an average growth rate of -12.4%.
• House price data reached an all-time high of 17.7% in Sep 2021 and a record low of -12.4% in Dec 2008.

Analysis of Spanish Apartment Pricing and Size Post-COVID-19

Investigating the Impact of the Pandemic

By [source]

About this dataset

This dataset provides an in-depth insight into Spanish apartment prices, locations and sizes, offering a comprehensive view of the effects of the Covid-19 crisis in this market. By exploring the data you can gain valuable knowledge on how different variables such as number of rooms, bathrooms, square meters and photos influence pricing, as well as key details such as description and whether or not they are recommended by reviews. Furthermore, by comparing average prices per square meter regionally between different areas you can get a better understanding of individual apartment value changes over time. Whether you are looking for your dream home or simply seeking to understand current trends within this sector this dataset is here to provide all the information necessary for both people either starting or already familiar with this industry

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How to use the dataset

This dataset includes a comprehensive collection of Spanish apartments that are currently up for sale. It provides valuable insight into the effects of the Covid-19 pandemic on pricing and size. With this guide, you can take advantage of all the data to explore how different factors like housing surface area, number of rooms and bathrooms, location, number of photos associated with an apartment, type and recommendations affect price.

• First off, you should start by taking a look at summary column which summarizes in one or two lines what each apartment is about. You can quickly search some patterns which could give important information about the market current situation during COVID-19 crisis.

• Explore more in depth each individual apartment by looking at its description section for example if it refers to particular services available like swimming pool or gymnasiums . Consequently those extra features usually bumps up the prices higher since buyers are keen to have such luxury items included in their purchase even if it’s not so affordable sometimes..

• Start studying locationwise since it might gives hint as to what kind preof city we have eirther active market in terms equity investment , home stay rental business activities that suggest opportunities for considerable return on investment (ROI). Even further detailed analysis such as comparing net change over time energy efficient ratings electrical or fuel efficiency , transport facilities , educational level may be conducted when choosing between several apartments located close one another ..

• Consider multiple column ranging from price value provided (price/m2 )to size sqm surface area measure and count number of rooms & bathrooms . Doing so will help allot better understanding whether purchasing an unit is worth expenditure once overall costs per advantages estimated –as previously acknowledged apps features could increase prices significantly- don’t forget security aspect major item critical home choice making process affording protection against Intruders ..

• An interesting but tricky part is Num Photos how many were included –possibly indicates quality build high end projects appreciate additional gallery mentioning quite informative panorama around property itself - while recomendation customarily assumes certain guarantees warranties unique promise provided providing aside prospective buyer safety issues impose trustworthiness matters shared among other future residents …

• Finally type & region column should be taken into account reason enough different categories identifies houses versus flats diversely built outside suburban villas contained inside specially designed mansion areas built upon special requests .. Therefore usage those two complementary field help finding right desired environment accompaniments beach lounge bar attract nature lovers adjacent mountainside

Research Ideas

• Creating an interactive mapping tool that showcases the average prices per square meter of different cities or regions in Spain, enabling potential buyers to identify the most affordable areas for their desired budget and size.
• Developing a comparison algorithm that recommends the best options available depending on various criteria such as cost, rooms/bathrooms, recommended status, etc., helping users make informed decisions when browsing for apartments online.
• Constructing a model that predicts sale prices based on existing data trends and analyses of photos and recommendations associated wit...

The North American residential construction market, valued at $850 million in 2025, is projected to experience robust growth, driven by several key factors. A steadily increasing population, particularly in urban centers, fuels the demand for new housing units, both single-family homes and multi-family dwellings. Furthermore, favorable government policies aimed at stimulating housing development and improving infrastructure contribute to this positive market outlook. The renovation segment also presents a significant opportunity, as older homes require upgrades and modernizations, catering to a rising preference for energy efficiency and sustainable building practices. While rising material costs and labor shortages pose challenges, the market's resilience stems from consistent demand and the innovative solutions adopted by major players like Lennar, D.R. Horton, and PulteGroup. These companies are strategically investing in technological advancements and streamlined construction processes to mitigate these challenges and maintain profitability. The market is segmented by property type (single-family and multi-family) and construction type (new construction and renovation), allowing for targeted investment and development strategies. The continued expansion of suburban areas and the increasing preference for larger living spaces further contribute to the market's expansion. The projected Compound Annual Growth Rate (CAGR) of 4.5% from 2025 to 2033 indicates sustained growth. This growth, however, is expected to fluctuate year-over-year depending on macroeconomic conditions such as interest rates and overall economic performance. Factors like fluctuating material prices, potential changes in building codes, and shifts in consumer preferences will influence the market’s trajectory. Nevertheless, the long-term forecast remains optimistic, supported by the continued need for affordable and sustainable housing solutions across North America, particularly in high-growth regions within the United States and Canada. The competitive landscape is characterized by both large national builders and regional players, leading to constant innovation and competition in pricing and design. This comprehensive report provides a detailed analysis of the North America residential construction market, offering invaluable insights for investors, builders, and industry stakeholders. Covering the period from 2019 to 2033, with a focus on 2025, this report meticulously examines market trends, growth drivers, challenges, and opportunities within the single-family, multi-family, new construction, and renovation sectors. Utilizing data from the historical period (2019-2024), the base year (2025), and an estimated forecast period (2025-2033), this report paints a clear picture of the market's trajectory. Recent developments include: December 2022: In southeast Columbus, D.R. Horton intends to build homes for USD 215 million., December 2022: According to the company's fourth-quarter results call, Lennar Corp. has decided not to proceed with its plans to spin off its multifamily subsidiary, Quarterra, by the end of the year owing to adverse market circumstances., December 2022: At the southeast corner of Idlewild Street and Plantation Road in south Fort Myers, a 17-acre site is being cleared. According to Lee County documents, the area will be transformed into the 52-home neighborhood of Addison Square. The land was purchased by Pulte Homes for USD 2.4 million in a deal facilitated by Chuck Mayhugh of Mayhugh Commercial Advisors. The homes will vary in price from more than USD 500,000 and have 1,600 to 3,400 square feet of living space, with the majority of the homesites being grouped together along a sizable, central lake. According to Pulte executives, construction on the model houses should start by the spring, with some of them being done by the summer.. Key drivers for this market are: Population Growth and Disposable Income, Demand from Office Sector Returning Post COVID-; Non-residential Construction on Upward Trend. Potential restraints include: Interests and Financing, Increase in Cost of Raw Materials. Notable trends are: 800,000 Housing Units Must Be Built Annually in Mexico to Keep Up with Demand.

Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q2 2025 about sales, median, housing, and USA.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Stew House Market Outlook

According to our latest research, the global Stew House market size reached USD 8.4 billion in 2024, showcasing robust growth driven by evolving consumer preferences and a resurgence in comfort dining experiences. The market is projected to expand at a CAGR of 6.2% from 2025 to 2033, with the total market value expected to reach USD 14.4 billion by 2033. This growth trajectory is primarily fueled by the increasing demand for diverse culinary experiences, the rise in food delivery platforms, and the growing popularity of both traditional and fusion stew offerings worldwide.

One of the most significant growth factors in the Stew House market is the global shift towards experiential dining. Consumers, especially in urban centers, are increasingly seeking unique and authentic dining experiences that evoke comfort and nostalgia. Traditional stew houses, with their emphasis on slow-cooked, hearty meals, are well-positioned to capitalize on this trend. Furthermore, the surge in health consciousness has driven the demand for stews made with organic and locally sourced ingredients, which are perceived as healthier and more nutritious. This has encouraged stew houses to innovate their menus, offering a wider array of options, including vegetarian and vegan stews, to cater to diverse dietary preferences. The proliferation of social media has also played a pivotal role in popularizing stew cuisine, as visually appealing and flavorful dishes gain traction among food enthusiasts and influencers.

Another key driver of market expansion is the rapid growth of food delivery services and takeaway options. The COVID-19 pandemic accelerated the adoption of online food ordering, and this trend has persisted post-pandemic, with consumers valuing convenience and safety. Stew houses have responded by optimizing their menus for delivery and investing in packaging solutions that maintain food quality during transit. The rise of cloud kitchens and virtual brands specializing in stews has further diversified the market landscape, enabling operators to reach new customer segments without the overhead costs of traditional brick-and-mortar establishments. Additionally, partnerships with leading food delivery platforms have extended the reach of stew houses, making their offerings accessible to a broader audience.

Innovation in cuisine and service formats is another major growth factor for the Stew House market. The emergence of modern and fusion stew houses has introduced global flavors and creative twists on classic recipes, appealing to younger demographics and adventurous eaters. Themed stew houses, which offer immersive dining experiences centered around specific cultures or historical eras, have also gained popularity. These innovations not only differentiate brands in a competitive market but also drive repeat patronage and word-of-mouth referrals. Moreover, the increasing prevalence of premium and mid-range stew houses reflects a willingness among consumers to pay more for high-quality ingredients, artisanal preparation methods, and elevated dining environments.

From a regional perspective, Asia Pacific currently dominates the Stew House market, accounting for the largest share in 2024, thanks to the region’s rich culinary traditions and high frequency of stew-based dishes in local diets. North America and Europe are also significant contributors, driven by a combination of multicultural populations and a strong trend toward comfort food. Latin America and the Middle East & Africa are emerging as promising markets, fueled by urbanization and the expansion of international food service brands. Regional preferences, local ingredient availability, and cultural attitudes toward communal dining continue to shape market dynamics and present unique opportunities for growth and innovation across all geographies.

Type Analysis

The Type segment of the Stew House market encompasses traditional stew houses, modern/fusion stew houses, themed stew houses, and other niche fo

This study examines the spatial dynamics of urban vegetation and its impact on housing prices in Chicago, analyzing data from both pre- and post-COVID-19 periods. Employing Ordinary Least Squares (OLS) and Multiscale Geographically Weighted Regression (MGWR) models, we assess how the effects of green spaces on property values vary across different neighborhoods. The OLS model generally indicates a positive correlation between increased vegetation and housing prices. In contrast, the MGWR model reveals that the benefits of urban green spaces to property values are not uniformly distributed and exhibit significant variability. Notably, in some South Side areas of Chicago, increases in green space correlate with declines in property values, a sensitivity that intensified post-pandemic, leading to notable price declines. Conversely, the North Side, characterized as a higher-income area, shows greater resilience to the impacts of both increased green spaces and the COVID-19 pandemic, with less susceptibility to economic downturns. This research underscores the intricate interplay between urban green spaces and economic factors, highlighting how local socio-economic conditions and urban planning strategies can influence the economic benefits of vegetation. The findings provide essential insights for urban policymakers and planners striving to promote sustainable development and equitable economic growth in urban environments.

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The smart home safety market share is expected to increase by USD 14.10 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 16.48%. This smart home safety market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The smart home safety market report also offers information on several market vendors, including ABB Ltd., Alphabet Inc., Carrier Global Corp., Cisco Systems Inc., Control4 Corp., Emerson Electric Co., General Electric Co., Haier Smart Home Co. Ltd., International Business Machines Corp., Legrand SA, LG Electronics Inc., Lutron Electronics Co. Inc., Microsoft Corp., Resideo Technologies Inc., Samsung Electronics Co. Ltd., Schneider Electric SE, Shenzhen Zhuohao Intelligent Electronic Development Co. Ltd., Siemens AG, Smartlabs Inc., and Panasonic Corp. among others. Furthermore, this report extensively covers smart home safety market segmentation by product (cameras and monitoring systems, alarms, locks and sensors, and detectors), service (professional installation and self-installation), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

What will the Smart Home Safety Market Size be During the Forecast Period?

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Smart Home Safety Market: Key Drivers, Trends, and Challenges

The adoption of cloud-based technologies is notably driving the smart home safety market growth, although factors such as safety and privacy concerns may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the smart home safety industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Smart Home Safety Market Driver

The adoption of cloud-based technologies is one of the key drivers supporting the smart home safety market growth. Cloud-based services are used to store images captured by surveillance systems so that they can be used on-demand. They ensure a low cost of ownership and on-demand scalability without any additional cost to homeowners. The smart home cloud center platform can be categorized into three divisions, namely cloud service market, carrier market, and smart IoT gateway. These platforms provide features such as high-speed gaming, mobile app downloads, content transfer across regions, and multiple wireless user interfaces. Hence, smart homes have the potential of having a huge presence with the growth of cloud technology. Such factors of cloud-based technology will propel the smart home safety market growth during the forecast period.

Key Smart Home Safety Market Trend

Remote arming of the smart home alarm system is one of the key smart home safety market trends that is contributing to the market growth. Home security systems do not function effectively unless they are armed. Piper, the first all-in-one home security and home automation device manufactured by ICONTROL NETWORKS, features smart arming. This is a feature that allows users to set their system remotely from a mobile device. Piper and Life 360 partnered to develop the smart arming feature. The Piper app allows users to check if anyone is at home, and the alarm is set off when it detects that no one is at home but there is a movement within the premises. This app also gives notifications to inform homeowners about security developments via text, phone calls, and e-mail. The device uses a Z-wave compatible with Wi-Fi-enabled cameras to monitor the house with features like panoramic video and sound detection. These factors are driving the smart home safety market growth.

Key Smart Home Safety Market Challenge

Safety and privacy concerns is one of the factors hindering the smart home safety market growth. M2M technology facilitates communication among supply chain players for promoting easier inventory management. An IoT system connects remote machines with systems, machines, and people. However, if the number of interfaces linking the components is increased, the entire system becomes vulnerable to breaches. With the advent of M2M technology, the number of connected devices worldwide has increased expeditiously over the past few years. All Wi-Fi-enabled devices are now operated using cloud technology. While this makes operations simpler, privacy becomes a major concern. With regard to smart homes, individuals focus on the security aspect while adopting any new technology. Public or unauthorized access to cloud information could lead to cyber threats and compromise the integrity of the entire system. Such threats will impede the smart home safety market growth during the forecast period.

This smart home safety mark

The size of the Vietnam Home Improvement Market market was valued at USD 10.7 Million in 2023 and is projected to reach USD 11.9 Million by 2032, with an expected CAGR of 1.00">> 1.00% during the forecast period. Vietnam home improvement refers to products and services that are used to improve residential homes and these include renovation, remodeling and maintenance. This market segment embraces a wide range of categories that include building materials, building fixtures, furniture, decoration items and others. People who own homes and properties incorporate these products to change the appearance of interiors, fix or add functions to the house and extend or raise the value of the house. The modern trends in home improvement which are currently exhibited include the following; There is a trend toward the use of sustainable and green products in most homes. The market is also expanding currently because of factors such as increase in disposable incomes, urbanization and increased awareness on the appearance and efficiency of homes. Key drivers for this market are: Increasing Residential and bedroom spaces driving the market, Rising Personal Consumer Consumption expenditure. Potential restraints include: Rising demand for Mattress Bases are limited to the young generation age., Negative impact of Supply chain disruption and Inflation on the market post covid. Notable trends are: Growing Urbanization is Driving the Market.

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The door closer market share is expected to increase by USD 197.28 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4.31%.

This door closer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers door closer market segmentations by product (manual door closer and automatic door closer), end-user (commercial and industrial and residential), and geography (APAC, Europe, North America, MEA, and South America). The door closer market report also offers information on several market vendors, including Abus August Bremicker Sohne KG, Allegion Plc, ASSA ABLOY AB, Cal-Royal Products Inc., dormakaba International Holding AG, GEZE GmbH, ISEO Serrature Spa, Ryobi Ltd., Stanley Black and Decker Inc., and Tell Manufacturing Inc. among others.

What will the Door Closer Market Size be During the Forecast Period?

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' There is a rapid growth in the commercial real estate market, and the adoption of new technology and investments is revolutionizing the industry in APAC'

Door Closer Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growth in the commercial real estate market is notably driving the door closer market growth, although factors such as competition among vendors may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the door closer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Door Closer Market Driver

One of the key factors driving the door closer market growth is the growth in the commercial real estate market. Door closers are deployed in most commercial spaces, such as restaurants, retail outlets, airports, and commercial office buildings. There is a rapid growth in the commercial real estate market, and the adoption of new technology and investments is revolutionizing the industry. Various reasons for the growth of commercial real estate investments are technological advancements, societal factors, lifestyle, and consumption patterns. The markets will see robust and volatile growth due to the introduction of low-interest rates across regions, boosting the market for commercial real estate investment. Commercial buildings, such as office spaces in the US and Europe, are expected to grow at a moderate rate. However, the markets in APAC will witness higher growth simultaneously over the coming years. In APAC, Australia will remain a popular destination for investment apart from China and Singapore. The growth of commercial segments, where aesthetics play a major role, will drive the demand for door closers.

Key Door Closer Market Trend

Rising demand for automatic door closers is the major trend influencing door closer market growth. The automatic door closer is a mechanical device that is fitted with springs to provide a fully adjustable closing speed. The automatic door closer works on both right and left-handed doors as well as on gates. The door closer automatically shuts the door, which helps in preventing accidents. The automatic door closer is free of maintenance. The latest trend in door closers is the automatic door closer, which is installed on business premises such as banks, offices, restaurants, and other commercial spaces. Vendors like DORMA offer automatic swing door operators, which are compact, next-generation, electromechanical doors. Door closers give an aesthetic appeal to space. They also help in minimizing heat loss due to improper closing of doors. GEZE offers automatic door closers that can open heavy doors. The smart swing feature of the door closer facilitates the effortless manual operation of the door. GEZE's online door calculator is the most flexible system, offering diverse operations. Its smart swing technology can be easily accessed manually. It also has a safe closing and opening mechanism.

Key Door Closer Market Challenge

Competition among vendors is one of the key challenges hindering the door closer market growth. With the increase in the prices of raw materials and increased competition among vendors, the profit margins of vendors are expected to decline in the market. The growth of the market is supporting the entry of new vendors. Local vendors focus more on the requirements of end-users and hence develop customized security solutions, making them a preferable choice over global vendors. The price-conscious end-users prefer investing in low-cost security solutions rather than in global brands. This reduces

US & Canada Multifamily Residential Property Management Software Market size was valued at USD 2170.06 Million in 2024 and is projected to reach USD 3588.75 Million by 2031, growing at a CAGR of 6.49% from 2024 to 2031.

What is Multifamily Residential Property Management Software?

Property management software helps manage day-to-day operations including tenant and lease tracking, building maintenance, and accounting. The software provides a centralized platform to view all properties and also enables oversight of other property-related operations such as maintenance tasks and handling tenant requests. The U.S & Canada Multifamily Residential Property Management Software Market is expected to witness incremental owing to growth in demand for properties from tenants due to escalating urbanization and population density in the region. Among other uses, it primarily offers online document storage and sharing, electronic lease agreements, financial reporting, online maintenance and tracking requests, accounting options, and integrated banking. In recent years, property management software solutions have moved from manual to automated management solutions. Automated property management solutions have improved the property management software system, reducing human error and allowing property managers to efficiently allocate work tasks to avoid operational interruptions. Automated property management software helps reduce the time it takes to respond to tenant or owner complaints.

The COVID-19 pandemic hit the property management industry due to the coronavirus pandemic, significant players in this market have faced unprecedented challenges due to halted new property constructions, slower movement of tenants changing apartments, and others. However, the market has rebooted post-covid-19 due to the rapid pace of residential building completion. Growing disposable income, and changing consumer technology, among others, are expected to drive investment in the commercial sector, thereby fuelling the growth of the U.S & Canada Multifamily Residential Property Management Software Market.

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Home Service Market Size 2022-2026

The US Home Service Market Size study is a comprehensive report with in-depth qualitative and quantitative research evaluating the current scenario and analyzing the growth of 26.85 and a CAGR of 36.22% with market size of USD 1.08 billion during the forecast period 2021 to 2026.

ThisUS Home Service Market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the US Home Service Market segmentation by distribution channel (online and offline) and type (home care and design, repair and maintenance, HW and B, and others). The US Home service market report also offers information on several market vendors, including Ace Handyman Services, Amazon.com Inc., American Home Shield Corp., Angi Inc., Chemed Corp., Handy Technologies Inc., Handyman Connection, HOMEE Inc., HomeServe Plc, Ingka Holding B.V., Mister Sparky Franchising SPE LLC, Reliance Network and Home Services of America, Smiths Plumbing Services, TechCrunch, The Home Depot Inc., USA Plumbing Service, and Yelp Inc among others.

What will the Home Service Market Size In US be During the Forecast Period?

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The home service market in the US is experiencing rapid growth, driven by the increasing demand for on-demand service apps that offer convenience and efficiency. Home services marketplace platforms are becoming popular, providing a range of reliable home services, including home cleaning services, HVAC maintenance tips, and home wellness solutions. These platforms, often subscription-based platforms, cater to the growing need for convenient home services and fast home services. As smartphone usage continues to rise, users rely on apps for home surveillance, home assembly, and even DIY projects with the help of energy saving tips and home energy efficiency solutions.

In the realm of mental health, telepsychiatry platforms are revolutionizing care with virtual therapy services and mental health self-care tools like mental health chatbots. As mental health research grows, mental health policies are evolving to integrate these digital solutions into mainstream healthcare, including primary care service offerings. In parallel, the demand for green building materials and energy-efficient solutions in green home design is increasing, with consumers seeking sustainable living through renewable energy sources, eco-friendly building practices, and green home certification.

US Home Service Market Dynamic

The researcher studied the historical data considered for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the US Home Service Market .The home service market is also seeing innovation through payment processing integration, enhancing customer retention and simplifying transactions, whether using credit debit cards or other forms of booking and payment solutions. The ongoing urbanization trend, coupled with home improvement financing and home renovation costs, is shaping the market, with a focus on building permits, building codes, and energy conservation strategies. With trusted home services and reliable home services increasingly in demand, professional home services are critical to meeting the needs of consumers who seek affordable home services and local home services. This market's growth is supported by commission-based platforms and energy audits, driving the adoption of home improvement trends and home maintenance innovations across the nation.

Key Home Service Market Driver

The increasing influence of digital media is notably driving the US Home Service Market ' growth. With the proliferation of Internet-enabled smartphones, digital media has emerged as a key communication and marketing channel for vendors operating in the US Home Service market. Service visibility is one of the principal factors in the marketing strategy implemented by home service providers. Therefore, several online home service providers are widely adopting digital media marketing strategies to increase service visibility and promote sales. Several innovative features in technologically-advanced smartphones help online on-demand home service providers increase their visibility. For instance, push messages and e-mails that contain the details of new home service launches and discounts offered are sent to consumers for service promotions. These promotions help increase awareness about the availability of new home services among consumers. Vendors use various social media platforms such as YouTube, Facebook, Twitter, Instagram, and Google+ for service promotions and campaigns. These platforms enable consumer engagement with popular brands and help increase consumer awareness about several new services offered by home service brands. The rising popularity o

Snapshot img { margin: 10px !important; } The home-care monitoring and diagnostics market has the potential to grow by USD 8.51 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 9.06%.

This home-care monitoring and diagnostics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (SMBG devices, sleep apnea devices, blood pressure and heart rate monitors, and others) and geography (North America, Europe, Asia, and ROW). The home-care monitoring and diagnostics market report also offers information on several market vendors, including Abbott Laboratories, Bioptik Technology Inc., Chembio Diagnostics Inc., F. Hoffmann-La Roche Ltd., Johnson and Johnson Inc., Koninklijke Philips NV, Medtronic Plc, OMRON Corp., PHC Holdings Corp., and VectraCor Inc. among others.

What will the Home-care Monitoring and Diagnostics Market Size be in 2021?

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Home-care Monitoring and Diagnostics Market: Key Drivers and Trends

The increasing incidence of chronic diseases and rise in the geriatric population are notably driving the home-care monitoring and diagnostics market growth, although factors such as competitive pricing pressure and counterfeit products may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the home-care monitoring and diagnostics industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This home-care monitoring and diagnostics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Home-care Monitoring and Diagnostics Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

Abbott Laboratories
Bioptik Technology Inc.
Chembio Diagnostics Inc.
F. Hoffmann-La Roche Ltd.
Johnson and Johnson Inc.
Koninklijke Philips NV
Medtronic Plc
OMRON Corp.
PHC Holdings Corp.
VectraCor Inc.

The vendor landscape of the home-care monitoring and diagnostics market entails successful business strategies deployed by the vendors. The home-care monitoring and diagnostics market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the home-care monitoring and diagnostics market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Home-care Monitoring and Diagnostics Market?

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40% of the market’s growth will originate from North America during the forecast period. The US is the key market for home-care monitoring and diagnostics market in North America.

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The growing demand for home-care monitoring equipment will facilitate the home-care monitoring and diagnostics market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Product Segments in the Home-care Monitoring and Diagnostics Market?

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The home-care monitoring and diagnostics market share growth by the SMBG devices segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribu

According to Cognitive Market Research, the global Out of Home Billboard market size is USD 36158.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 14463.2 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 10843.4 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 8316.3 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 1807.9 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 723.1 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The Digital Billboards held the highest Out of Home Billboard market revenue share in 2024.

Market Dynamics of Out of Home Billboard Market

Key Drivers for the Out-of-Home Billboard Market

The growing use of digital billboards is the Demand Globally

The increasing utilization of digital billboards stands out as a key driver for the out-of-home advertising market. In 2023, the growth rate of digital ad spending moderated to 15 percent, reaching Rs 39,714 crore, compared to 35 percent in 2022, amounting to Rs 34,405 crore. In 2021, this segment experienced a remarkable 50 percent growth, reaching Rs 25,438 crore from Rs 16,974 crore. Digital billboards offer the flexibility to be placed strategically near target audiences, owing to their portable properties. Their advanced features, including continuous light emission throughout the day and night, make them an attractive option for businesses seeking effective advertising avenues. Consequently, the demand for out-of-home advertising experiences a surge during the analysis period.

Increased Spending on Advertising to Propel Market Growth

As businesses vie for consumer attention in a competitive market, advertising expenditure is on the rise, increasing by 11.8% in 2023. Total ad sales surged from Rs 98,200 crore in 2022 to Rs 1,09,900 crore in 2023. Advertising spending saw a growth of 9.6% in the first half of 2023, which accelerated to 13.8% in the second half. Out-of-home (OOH) advertising, including billboards, remains integral to marketing strategies due to its effective reach to diverse and expansive audiences.

Restraint Factor for the Out-of-Home Billboard Market

High Cost to Limit the Sales

The abundance of billboards lining roadways often leads drivers to prioritize attention to the road rather than side-of-the-road ads. Many billboards receive only fleeting glances, typically lasting mere seconds. Consequently, the primary drawback of digital out-of-home (DOOH) advertising formats lies in their transient nature. Given that businesses must pay significant sums for their advertisements to be viewed briefly, the cost per exposure may exceed that of alternative methods. This relatively high cost renders DOOH advertising less practical, especially for small and medium-sized businesses. Additionally, alternative DOOH formats, such as 6-sheets in shopping centers or post office displays, offer lower costs per panel than billboards. Therefore, the anticipated impediment to the growth of the digital out-of-home industry stems from the high expenses associated with DOOH advertising.

Impact of COVID-19 on the Out-of-Home Billboard Market

As governments worldwide implemented lockdowns and restrictions to contain the spread of the virus, numerous businesses encountered financial uncertainty, prompting them to scale back their advertising budgets. The consequent decrease in outdoor activities and travel restrictions diminished demand for outdoor advertising, including billboards. Consequently, there was a notable decline in ad spending on out-of-home (OOH) platforms as advertisers reevaluated their marketing strategies. However, amid the challenges brought about by the pandemic, certain segments within the OOH billboard market seized growth opportunities. For instance, billboards situated in residential neighborho...

The global COVID-19 self-testing kit market experienced significant growth during the pandemic, driven by the need for rapid and convenient testing solutions. While precise figures for the market size and CAGR are not provided, a reasonable estimation can be made based on industry reports and trends. Considering the peak demand during 2020-2022 and subsequent tapering off, a plausible market size in 2025 could be estimated at $5 billion USD. This represents a substantial decrease from peak years, indicating a market shift towards a more stable, albeit smaller, demand driven by ongoing surveillance and the emergence of new variants. Assuming a conservative CAGR of 5% from 2025 to 2033, the market is projected to reach approximately $7.6 billion by 2033. Key drivers include the increasing prevalence of at-home testing, government initiatives promoting self-testing, and the rising demand for convenient and accessible healthcare solutions. The market is segmented by application (drugstores, supermarkets, online, medical institutions), type (number of tests per box), and geographic region, with North America and Europe currently holding significant market shares. However, growth is anticipated in Asia-Pacific and other emerging markets driven by increasing healthcare spending and awareness. Market restraints include fluctuating regulatory approvals, pricing pressures, and the potential emergence of more effective testing technologies. The continued evolution of COVID-19 variants and the potential for future pandemics will likely influence long-term market demand. While the immediate post-pandemic surge has subsided, a steady demand is expected to persist, driven by individual preparedness, travel requirements, and ongoing public health initiatives. The competitive landscape is characterized by both established players like Roche, Abbott, and Quidel, and emerging companies vying for market share with innovative products and cost-effective solutions. Future market growth will depend on several factors including technological advancements in testing methods, evolving healthcare policies, and the overall global health scenario. Strategies for growth will involve focusing on product differentiation, strategic partnerships, and expanding into underserved markets.

Non Residential Accommodation Services Market Outlook

The global non-residential accommodation services market size was valued at approximately USD 750 billion in 2023 and is projected to grow to nearly USD 1.2 trillion by 2032, reflecting a CAGR of 5.5% during the forecast period. This growth is driven by increasing travel and tourism worldwide, coupled with rising demand for diverse accommodation options.

One of the primary growth factors for this market is the surge in global tourism, which has been steadily increasing year over year. As disposable incomes rise and the middle class expands, particularly in emerging economies, more people are able to travel for leisure, driving demand for various forms of non-residential accommodation such as hostels, guest houses, and serviced apartments. Moreover, the gradual recovery of international travel post-COVID-19 pandemic has further reinvigorated this market.

The business travel segment is also a significant contributor to the growth of the non-residential accommodation services market. With globalization and the expanding operations of multinational corporations, there is a growing need for short-term accommodation for business travelers. Companies are increasingly looking for cost-effective yet comfortable lodging solutions for their employees, thereby boosting demand for services like serviced apartments and guest houses which offer both affordability and convenience.

Another pivotal growth factor is the rise of digital booking platforms which have made it easier for consumers to find and book accommodation. Online booking channels have revolutionized the market by offering a wide range of options, competitive pricing, and user reviews. This digital transformation has not only enhanced consumer experience but also enabled service providers to reach a broader audience, thereby driving market growth.

From a regional perspective, Asia Pacific is expected to witness the highest growth in the non-residential accommodation services market. The region's dynamic economic growth, increasing disposable incomes, and burgeoning middle class contribute significantly to the rise in domestic and international travel. Furthermore, tourist hotspots like China, Japan, and Southeast Asian countries continue to attract millions of visitors annually, thereby bolstering demand for various accommodation services.

The concept of Sharing Accommodation has gained significant traction in recent years, particularly among younger travelers and digital nomads. This model allows individuals to rent out their unused living spaces, providing travelers with affordable and often unique lodging options. Sharing accommodation platforms have democratized the travel experience, enabling people to explore new destinations without the high costs typically associated with traditional hotels. This trend aligns with the growing desire for authentic and personalized travel experiences, as guests can immerse themselves in local cultures by staying in residential neighborhoods. Additionally, sharing accommodation offers hosts an opportunity to earn extra income, contributing to the local economy and fostering a sense of community.

Service Type Analysis

The non-residential accommodation services market can be segmented by service type into hostels, guest houses, serviced apartments, and others. Hostels are traditionally a popular choice among budget-conscious travelers, including backpackers and students. Hostels offer affordable pricing, communal living spaces, and often a social environment that appeals to younger travelers. The increasing popularity of solo travel and the rise of budget travel options contribute significantly to the growth of the hostel segment.

Guest houses are another crucial segment in this market. They typically provide a more personalized and homely environment compared to hotels, making them a favored choice for tourists and business travelers seeking more intimate lodging experiences. Guest houses often offer local cultural experiences that enrich a travelerÂ’s visit, thereby contributing to their growing popularity. Moreover, they are frequently located in residential areas, providing a unique charm and an alternative to conventional hotel accommodations.

Serviced apartments have seen a notable increase in demand, particularly among business travelers and families. These accommodations offer the comfort of a home with

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The medical gas equipment market share is expected to increase by USD 3.79 billion from 2020 to 2025, at a CAGR of 10.82%.

This medical gas equipment market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers medical gas equipment market segmentation by end-user (hospitals and clinics, home healthcare, pharmaceutical and biotechnology companies, and academic and research institutions) and geography (North America, Europe, APAC, and ROW). The medical gas equipment market report also offers information on several market vendors, including Air Products and Chemicals Inc., Allied Healthcare Products Inc., Amico Group of Companies, Atlas Copco AB, GCE Holding AB, LAIR LIQUIDE SA, Linde Plc, Messer Group GmbH, SOL Spa, and Taiyo Nippon Sanso Corp. among others.

What will the Medical Gas Equipment Market Size be During the Forecast Period?

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Medical Gas Equipment Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing pocd and home healthcare markets is notably driving the medical gas equipment market growth, although factors such as may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the medical gas equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Medical Gas Equipment Market Driver

The growing POCD and home healthcare markets is a major driving factor for the global medical gas equipment market share growth. Point-of-care diagnostics (POCD) and home healthcare are two closely associated markets for medical gas equipment, as breathing devices and breathalyzers are used extensively in POCD and home healthcare. The increasing prevalence of respiratory infections drives the demand for POCD, as these infections increase the risk of disease transmission when the patient visits a healthcare facility. In developed countries, the cost burden of diseases such as sexually transmitted diseases (STDs) and respiratory infections is increasing. Hence, the demand for POCD is also growing, as it helps diagnose diseases faster than conventional methods. Moreover, lower cost and improved convenience of healthcare drive the growth of the market. Respiratory conditions such as asthma and COPD are some of the leading causes of immobilization among patients, which drives the demand for home healthcare. The home healthcare market is expected to grow at the fastest rate in the healthcare products and services market during the forecast period. Therefore, the high adoption rate of respiratory devices in POCD and home healthcare will increase the demand for medical gas equipment during the forecast period.

Key Medical Gas Equipment Market Trend

The increasing product innovations will fuel the global medical gas equipment market growth. End-users in the global medical gas equipment market require customizable solutions for different applications. Hence, vendors have developed innovative products that can be customized. Customization without compromising product quality is a popular strategy followed by vendors. Currently, Air Liquide has over 175 active patented innovations. The company is increasing its efforts to ensure that these patents can be used to improve its existing products. Miniaturization is also another major trend in the market. Medical gas vendors have realized the significance of integrating the cylinder valve and the pressure regulator into a single device with all necessary control functions being combined. This makes the delivery of gases easier and faster, especially for medical gas therapy. Key executives of leading companies believe that the trend of miniaturization will gain popularity in the future. Such factors will drive the growth of the market in focus during the forecast period.

Key Medical Gas Equipment Market Challenge

The declining reimbursements for respiratory therapies are a major challenge for the global medical gas equipment market growth. Globally, the prevalence of asthma, respiratory allergies, and COPD is increasing. However, reimbursements for treatments are reducing. Hence, patients are beginning to explore other options, and the cost is also high. Moreover, many programs struggle to stay in operation due to the low reimbursement from the Centers for Medicare and Medicaid Service (CMS). Limited reimbursements also discourage the development of new therapies. The CMS system reduces reimbursements for respiratory care. The home healthcare market is also af

According to Cognitive Market Research, the global DIY Home Improvement market size was USD 861425.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 344570.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 258427.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 198127.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 43071.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 17228.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The tools and equipment segment category is the fastest growing segment of the DIY Home Improvement industry

Market Dynamics of DIY Home Improvement Market

Key Drivers for DIY Home Improvement Market

The popularity of home improvement TV shows inspires DIY projects: Home improvement TV shows have significantly influenced consumer behavior by showcasing the transformative power of DIY projects. Programs that feature renovations, design makeovers, and step-by-step tutorials engage viewers and provide them with practical ideas for their own homes. These shows often highlight achievable projects, making DIY more accessible to a broader audience, including those who may lack prior experience. The charisma of hosts and the dramatic transformations presented on-screen inspire viewers to take on similar challenges, fostering a DIY culture. Additionally, the sense of community generated by these shows encourages social media sharing of personal projects, further motivating individuals to embark on their own DIY journeys, ultimately driving demand for tools, materials, and home improvement products. For instance, B&Q, a leading home improvement retailer in the UK, has launched a new online marketplace aimed at significantly enhancing its e-commerce offerings. This initiative will add approximately 100,000 products from third-party sellers within six months, expanding its current inventory to over 140,000 items. The marketplace is a partnership with Mirakl, a prominent marketplace SaaS provider. This move is designed to meet the growing consumer demand for more choices and convenience in online shopping, integrating both online and in-store services such as Click & Collect?

Increased time spent at home post-pandemic fuels DIY activities and renovations: The COVID-19 pandemic has fundamentally altered lifestyles, leading to a surge in DIY activities and home renovations as people spend more time at home. With remote work becoming commonplace, individuals have begun to see their living spaces in a new light, identifying areas that require improvement or personalization. This increased focus on home environments has led to a heightened interest in DIY projects, as homeowners seek to enhance comfort and functionality. Additionally, the limitations on travel and leisure activities have redirected consumer spending towards home improvement rather than entertainment. As a result, there has been a notable uptick in demand for DIY products, tools, and materials, as homeowners invest time and resources into creating spaces that reflect their personal styles and needs.

Restraint Factor for the DIY Home Improvement Market

Economic downturns can reduce consumer spending on non-essential home improvements: Economic downturns can significantly impact consumer behavior, leading to reduced spending on non-essential home improvements. During periods of financial uncertainty, individuals often prioritize essential expenses such as housing, food, and healthcare, resulting in a tighter budget for discretionary spending. Home improvement projects, which may be seen as non-essential, often get postponed or eliminated altogether in favor of more pressing financial obligations. Consumers may become more risk-averse, opting for repairs and maintena...