LONDON--(BUSINESS WIRE)--Technavio has been monitoring the moving services market in US and it is poised to grow by USD 1.95 billion during 2020-2024, progressing at a CAGR of about 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AGS Worldwide Movers, ArcBest Corp., Armstrong Relocation and Companies, Arpin Van Lines, Atlas World Group Inc., Beltmann Relocation Group, Coleman World Group, UniGroup CA, U-Pack, and Wheaton World Wide Moving are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Growth in real estate agency has been instrumental in driving the growth of the market. However, high costs involved with relocation services might hamper the market growth.
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Moving Services Market in US 2020-2024: Segmentation
Moving Services Market in US is segmented as below:
-
End-user
- Residential
- Corporate
- Military And Government
- Others
-
Type
- Full-service Moving
- Partial Service Moving
Moving Services Market in US 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The moving services market in US report covers the following areas:
- Moving Services Market in US Size
- Moving Services Market in US Trends
- Moving Services Market in US Industry Analysis
This study identifies the rise in overseas employment and emigration as one of the prime reasons driving the Moving Services Market growth in US during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Moving Services Market in US 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist moving services market growth in US during the next five years
- Estimation of the moving services market size in US and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the moving services market in US
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of moving services market vendors in US
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user
- Residential - Market size and forecast 2019-2024
- Corporate - Market size and forecast 2019-2024
- Military and government - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End user
Market Segmentation by Type
- Market segments
- Comparison by Type
- Full-service moving - Market size and forecast 2019-2024
- Partial-service moving - Market size and forecast 2019-2024
- Market opportunity by Type
Customer Landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AGS Worldwide Movers
- ArcBest Corp.
- Armstrong Relocation and Companies
- Arpin Van Lines
- Atlas World Group Inc.
- Beltmann Relocation Group
- Coleman World Group
- UniGroup CA
- U-Pack
- Wheaton World Wide Moving
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
