The Global Professional Services Market Report by The Business Research Company covers professional services market drivers and restraints, professional services market size, major players, and the impact of COVID-19 on the professional services market.

The professional services market consists of the sales of professional services and related goods by entities (organizations, sole traders and partnerships) that offer services and provide support to businesses of all sizes, in all industries, and to individuals and institutions, in processes where human capital is the major input. Professional services establishments make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client. The professional services market is segmented into design, research, promotional and consulting services; legal services; accounting services and all other professional, scientific, and technical services.

The global professional services market is expected to grow from $5028.4 billion in 2020 to $5428.5 billion in 2021 at a compound annual growth rate (CAGR) of 7%.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 $7063.7 billion in 2025 at a CAGR of 7%.

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Some professional services market trends include increasing preference for cloud based accounting software by accounting firms to enhance the ability to access and edit financial data through the internet, enhance security associated with financial transactions and to reduce costs.

Global professional services market segments include:

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

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest global professional services market share.

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The Professional Services Market – By Service Type, By Type Of Design, Research, Promotional And Consulting Services, By Type Of Legal Services, By Type Of Accounting Services, By Type Of Other Professional, Scientific And Technical Services, And By Region, Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides professional services market overviews, analyzes and forecasts market size, share, professional services market players, professional services market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The professional services identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Professional Services Market – Opportunities And Strategies – Global Forecast 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: Deloitte Touche Tohmatsu Limited; PricewaterhouseCoopers (PwC); Ernst & Young; KPMG; Accenture Plc.

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 Professional 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 Professional Services Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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