The Business Research Company’s latest report Market Research Services Global Market Report 2020 covers Market Research Services market drivers, Market Research Services market trends, Market Research Services market segments, Market Research Services market growth rate, Market Research Services market major players, and Market Research Services market size. The report provides in-depth analysis of the impact of COVID-19 on the Market Research Services industry, along with revised market numbers due to the effects of the coronavirus.
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Market Research Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global market research services market reached a value of nearly $75.76 billion in 2019, having increased at a compound annual growth rate (CAGR) of 2.6% since 2015. The market is expected to decline from $75.76 billion in 2019 to $73.94 billion in 2020 at a compound annual growth rate (CAGR) of -2.4%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and resulting economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 4.1% from 2021 ad reach $82.87 billion in 2023.
The report covers the Market Research Services market’s segments-
1) By Type: Marketing Research And Analysis Services, Public Opinion And Election Polling
2) By End Use Industry: FMCG, Media, Professional Services, Healthcare, Others.
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