The Global Architectural Services industry has expanded over the five years to 2017. Economic growth and an infusion of government-funded building projects in emerging nations fueled industry revenue early in the period. Moreover, increased employment and corporate profit in developed economies helped revive privately funded construction activity, ultimately benefiting architecture firms. Industry revenue is expected to improve over the next five years, thanks to a continued improvement in residential and nonresidential construction activity, particularly in the United States. The industry will also benefit from an increase in global aggregate private investment and greater demand for government and institutional structures, such as healthcare facilities, schools and airports in emerging economies.
This industry is composed of establishments primarily engaged in planning and designing residential, institutional, leisure, commercial and industrial buildings and structures by applying knowledge of design, construction procedures, zoning regulations, building codes and building materials.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.