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Published: Aug, 2019 | Pages:
80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)
The global concierge services market size is expected to reach USD 773.3 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.3% during the forecast period. Economic development coupled with increasing disposable income is driving the demand of concierge service. High Net Worth Individuals (HNWI's) are the major shareholders in the market as they choose concierge services to optimize their time and to outsource time consuming tasks. Growing influence of technology and social media is also enhancing the turnaround time of the services. For instance, Wyndham's Wingate hotels and Starwood's Aloft hotels are working with Intelity, a software company to provide transportation, dinning, recreation, and shopping information to its guest via mobile devices. On-demand concierge services is gaining traction among consumers as they allow them to pay for only what they are seeking and reduce the burden of annual contracts, fees, and membership. For instance, in 2017 Bentley, German owned British luxury carmaker tested Bentley on-demand luxury concierge experience for consumers in Los Angeles, Dallas, and New York. Consumers who wish to drive Bentley can place their need via Bentley Network app. Also, MeetnGreetMe, a Europe-based global platform offers concierge services by locals with reach in more than 298 cities. Frequent travelers are opting for transportation assistance to for the best traveling experience and finding hassle-free route to commute. HoReCa and entertainment assistance held the largest market share in 2018. Consumer inclination to explore new places, services, lavish hotels, and restaurants is anticipated to propel the growth. Consumer prefer concierge services to get to private events, fashion events, and sold out sports events owing to the assurance of getting the access. Millennials are willing to spend money on exploring exotic destinations, luxury hotels, and planning culinary travel, which in turn is projected to fuel the demand for concierge service in personal segment. C-suite executives, single parents, and executives relocating to new job locations opt for concierge services for their mundane, stressful, and time-consuming tasks. Corporate holds the largest share of the market owing to increasing demand for event planning, organizing corporate parties, and annual functional gathering in the industry. Asia Pacific is estimated to be the fastest growing market for concierge service in 2018 owing growing number of HNWI's in countries such as China, Japan, Singapore, and India. North America, on the other hand, held the largest market share in 2018 and is estimated to continue leading over the forecasted period owing to high adoption of the services. Further key findings from the report suggest: • Transportation assistance is estimated to register a CAGR of 5.0% over the forecast period owing to strong growth of the tourism market • Personal segment is estimated to expand at the fastest CAGR of 6.1% over the forecasted period • Some of the key players operating in the global concierge service market include Quintessentially Group, Knightsbridge Circle, John Paul Group, Pure Entertainment Group, and MyConcierge
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Concierge Service Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Concierge Service Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Concierge Service Market: Type of Assistance Estimates & Trend Analysis
5.1. Type of Assistance Movement Analysis & Market Share, 2018 & 2025
5.2. Transportation
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. HoReCa & Entertainment
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Concierge Service Market: End User Estimates & Trend Analysis
6.1. End User Movement Analysis & Market Share, 2018 & 2025
6.2. Corporate
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3. Personal
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Concierge Service Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2018 & 2025
7.2. North America
7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.2.3. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.4.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.2.4.3. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.3.3. Market estimates and forecast, by End Use, 2015 - 2025 (USD Million)
7.3.4. France
7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.4.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.3.4.3. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
7.3.5. U.K.
7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.5.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.3.5.3. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.4.3. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
7.4.4. China
7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.4.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.4.4.3. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
7.4.5. Japan
7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.5.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.4.5.3. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
7.5. Central & South America
7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.5.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.5.3. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
7.5.4. Brazil
7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.5.4.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.5.4.3. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
7.6. Middle East & Africa (MEA)
7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.6.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.6.3. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
7.6.4. UAE
7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.6.4.2. Market estimates and forecast, by Type of Assistance, 2015 - 2025 (USD Million)
7.6.4.3. Market estimates and forecast, by End User, 2015 - 2025 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
9.1. Quintessentially Group
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Knightsbridge Circle
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. John Paul Group
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Pure Entertainment Group
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. MyConcierge
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. The Fixer Lifestyle group
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Velocity Black
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Sky Premium International
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Bon Vivant
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. The Billionaire Concierge
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
List of Tables 1. Concierge Service - Key market driver analysis 2. Concierge Service - Key market restraint analysis 3. Global Transportation market estimates and forecast, 2015 - 2025 (USD Million) 4. Global HoReCa & Entertainment market estimates and forecast, 2015 - 2025 (USD Million) 5. Global Concierge Service market estimates and forecast for Corporate, 2015 - 2025 (USD Million) 6. Global Concierge Service market estimates and forecast for Personal, 2015 - 2025 (USD Million) 7. North America Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 8. North America Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 9. North America Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 10. U.S. Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 11. U.S. Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 12. U.S. Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 13. Europe Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 14. Europe Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 15. Europe Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 16. France Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 17. France Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 18. France Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 19. U.K. Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 20. U.K. Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 21. U.K. Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 22. APAC Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 23. APAC Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 24. APAC Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 25. China Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 26. China Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 27. China Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 28. Japan Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 29. Japan Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 30. Japan Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 31. CSA Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 32. CSA Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 33. CSA Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 34. Brazil Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 35. Brazil Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 36. Brazil Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 37. MEA Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 38. MEA Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 39. MEA Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 40. UAE Concierge Service market estimates and forecast, 2015 - 2025 (USD Million) 41. UAE Concierge Service market revenue estimates and forecast by Type of Assistance, 2015 - 2025 (USD Million) 42. UAE Concierge Service market revenue estimates and forecast by End User, 2015 - 2025 (USD Million) 43. Vendor landscape
List of Figures 1. Concierge Service market snapshot 2. Concierge Service market segmentation & scope 3. Concierge Service market penetration & growth prospect mapping 4. Concierge Service value chain analysis 5. Concierge Service market dynamics 6. Concierge Service market Porter's analysis 7. Concierge Service market: Type of Assistance movement analysis 8. Concierge Service market: End User movement analysis 9. Concierge Service market: Regional movement analysis
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