The Services to Buildings And Dwellings Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Services to Buildings And Dwellings Global Market Report 2024, The services to buildings and dwellings market size has grown strongly in recent years. It will grow from $1033.43 billion in 2023 to $1136.04 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to construction and real estate boom, urbanization, population growth, property ownership.
The services to buildings and dwellings market size is expected to see strong growth in the next few years. It will grow to $1639.23 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to sustainability and energy efficiency, technology integration, aging infrastructure, remote work and telecommuting. Major trends in the forecast period include smart building technologies, aging infrastructure and renovation, green building practices, property technology (proptech).
An increase in the incidence of pests and bugs in households is expected to propel the growth of the services to buildings and dwellings market. Pests and bugs such as ants, termites, roaches, and mosquitos amongst others are a cause for concern for people since the hazards these pose such as termites can wreak structural damage that can be expensive to fix while mosquitoes and ticks can act as disease vectors, and result in serious health ailments. Further, other pests such as cockroaches and rodents can spread diseases like salmonella and rat bite fever, as well as cause allergies and asthma, generating demand for buildings and dwelling services. For example, according to the 2021 American Housing Survey (AHS), a survey conducted by the U.S. Census Bureau, a US-based government agency, there have been 2.9 million reported sightings of both roaches and rodents in homes across the US and 14 million of the approximately 124 million occupied housing units in the US reported seeing roaches in their homes during the last 12 months. Therefore, the increase in the incidence of pests and bugs in households is expected to drive the services to buildings and dwellings market going forward.
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The services to buildings and dwellings market covered in this report is segmented –
1) By Type: Exterminating And Pest Control Services; Janitorial Services; Landscaping Services; Carpet And Upholstery Cleaning Services; Other Services to Buildings And Dwellings
2) By Mode: Online; Offline
3) By Application: Commercial; Industrial; Governmental; Institutional; Residential; Municipal
The services to buildings and dwellings market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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