Tech
India’s online home services market to grow at 22% to hit Rs 88 billion by FY30: report
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India’s online home services market is projected to expand at a compound annual growth rate (CAGR) of 18-22 per cent to reach Rs 85-88 billion by FY30, driven by a growing urban demand for convenience, reliability and speed, a report has said.
Following the widespread adoption of quick commerce, ‘Instant Home Services‘ is emerging as the next frontier in India’s digital economy, aiming to create a new habit loop for time-pressed urban consumers, says consultant firm Redseer.
India’s overall home services market, valued at around Rs 5,100-5,210 billion…
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