Professional Services Market Forecast 2023-2032 – Market Size, Drivers, Trends, And Competitors

The Professional Services Global Market Report 2023 by The Business Research Company, provides professional services market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Professional Services Global Market Report 2023, the global professional services market size grew from $6,023.65 billion in 2022 to $6,382.56 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The market size of global professional services market is expected to grow from $7,770.09 billion in 2027 at a CAGR of 5.0%.

The professional services Market growth is aided by the stable economic growth forecasted in many developed and developing countries. According to the International Monetary Fund (IMF), global GDP growth reached 3.5% in 2020, a 0.3% increase compared to previous years. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market’s growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, India’s GDP reached 7.2%, whereas China’s GDP growth reached 6.0% in 2020. Stable economic growth is expected to increase investments in end-user markets, thereby driving the market during the forecast period.

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The professional services market is segmented:

1) By Type: Design, Research, Promotional And Consulting Services, Legal Services, Accounting Services, All Other Professional, Scientific, and Technical Services

2) By Service Provider: Large Enterprise, Small and Medium Enterprise

3) By Mode: Online, Offline

Top Major Players

Deloitte Touche Tohmatsu Limited,

PwC,

Ernst & Young,

Accenture,

KPMG,

Total SA

The professional services market report table of contents includes:

1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction and Market Characteristics
7. Product/Service Analysis – Product/Service Examples

………………..

25. Opportunities And Strategies
26. Professional Services Market, Conclusions And Recommendations
27. Appendix

List Of Tables:

Table 1: Architectural, Engineering Consultants And Related Services Market, Product/Service Offerings Examples

Table 2: Scientific Research And Development Services Market, Product/Service Offerings Examples

Table 3: Management Consulting Market, Product/Service Offerings Examples

Table 4: Design Services Market, Product/Service Offerings Examples

Table 5: Surveying And Mapping Market, Product/Service Offerings Examples

…………….

Table 421: Global Design, Research, Promotional And Consulting Services Market Size Gain ($ Billion), Segmentation By Type Of Client, 2022 – 2027

Table 422: Global Legal Services Market Size Gain ($ Billion), Segmentation By Type Of Client, 2022 – 2027

Table 423: Global Accounting Services Market Size Gain ($ Billion), Segmentation By Type Of Client, 2022 – 2027

Table 424: Global All Other Professional, Scientific, and Technical Services Market Size Gain ($ Billion), Segmentation By Type Of Client, 2022 – 2027

Table 425: Professional Services – Market Data Sources

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