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 that 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 global professional services market reached a value of nearly $5,028.9 million in 2020, having increased at a compound annual growth rate (CAGR) of 2.8% since 2015. The market is expected to grow at a CAGR of 7.0% from 2020 to reach $7,063.9 million in 2025. The global professional services market is expected to reach $9,371.1 million in 2030, at a CAGR of 5.8%.

The professional services market is expected to benefit from rising focus on customer satisfaction and experience surveys. The rise of competition among companies is forcing them to find new ways to retain their customers and attract new ones. To accomplish this goal, many companies are looking for continuous feedback from customers to deliver high quality goods or services. For example, according to Gartner, going forward, 89% of businesses will compete on customer experience. The increasing focus on customer satisfaction of goods and services provided by companies is expected to drive the growth of the professional services market during 2019-2023.

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Some professional services market trends include adoption of artificial intelligence tools to accurately target and deliver advertisements over the internet. Moreover, the environmental consulting services market has seen an increase in the number of specialist consulting firms that focus on specific environmental concerns. The growth of such firms is independent and organic as organizations seek solutions to specific problems.

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.

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The Professional Services Opportunities And Strategies: 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 identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Professional Services Opportunities And Strategies: 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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