Angi Estimates Total Addressable Market of $595B in New Economy of Everything Home Report
Angi Inc. - Class A (ANGI)
Last angi inc. - class a earnings: 2/5 04:10 pm
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Source: PR Newswire
DENVER, June 8, 2021 /PRNewswire/ -- Today, Angi, the digital marketplace transforming every touch point in caring for your home, released The Economy of Everything Home Report, which includes the most comprehensive and up-to-date estimate of the total addressable market (TAM) for home services in the U.S. This report, compiled by Angi's Chief Economist Mischa Fisher, estimates a TAM of $595 billion and a total of 728.3 million household projects for 2021. It also forecasts further growth in the market due to supply shortages, rising input prices, low interest rates, home equity gains, demographic trends and digital migration. This is Angi's second annual Economy of Everything Home Report, formerly known as the Home Service Market Report. It has been updated to incorporate the various sectors of the market more fully, as well as to weigh the factors driving its size, growth and evolution. The total addressable market of $595 billion can be broken down into three distinct sectors:
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- 4/11/24 - Form 4
- ANGI's page on the SEC website