Global Commercial Services Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Commercial Services Market Report by The Business Research Company covers commercial services market drivers and restraints, commercial services market size, major players, and the impact of COVID-19 on the commercial services market.
The commercial services market consists of sales of commercial services by entities (organizations, sole traders and partnerships) that perform support activities for the day-to-day operations of other businesses or organizations. Examples include office facilities management services, travel arrangement services.
The global commercial services market is expected to grow from $3858.8 billion in 2020 to $4366.2 billion in 2021 at a compound annual growth rate (CAGR) of 13.%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $5864.4 billion in 2025 at a CAGR of 8%.
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Some commercial services market trends include increasing efficiency and reducing operational costs. It also helps manage support tickets in bulk, provides multi-language support and auto responding of bulk emails.
Global commercial services market segments include:
1) By Type: Office Administrative Services, Facilities Support Services, Employment Services, Business Support Services, Travel Arrangement And Reservation Services, Waste Management And Remediation Services, Investigation And Security Services, Services to Buildings And Dwellings, Other Support Services.
2) By Mode: Online, Offline.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global commercial services market, accounting for 30% of the market.
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The Commercial Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides commercial services market overviews, analyzes and forecasts market size, share, commercial services market players, commercial services market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The commercial services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Commercial Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Adecco Group, Randstad Holding, Manpower Inc, Waste Management Inc, Iss A/S
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Commercial Services Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Commercial Services Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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