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Business Services Sector

Published Feb 04, 2026
SKU # FRRS20830055

Description

Brief Excerpt from Industry Overview Chapter:

Companies in the sector provide support services to businesses, such as office administration, hiring and placing of personnel, security services, travel arrangement, cleaning, and waste disposal. Major companies include ADP, Allegis Group, ManpowerGroup, and Waste Management (all based in the US), along with Adecco (Switzerland), Randstad (the Netherlands), and TUI Group (Germany).

Europe and North America are the primary markets for business services. Worldwide demand in the sector is driven by technology, digitalization, and new communication technologies and infrastructure. As a result, startups have emerged across the world, with business solutions that are innovative, flexible, and sustainable, according to Statista. While large companies may operate globally or within a specific region, many business services firms serve smaller geographic areas near their headquarters.

The US business services sector consists of about 420,000 establishments (single-location companies and units of multi-location companies) with combined annual sales of about $950 billion.

Table of Contents

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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