Global Professional Services Market Growth (Status and Outlook) 2023-2029

Global Professional Services Market Growth (Status and Outlook) 2023-2029

Professional services are occupations in the tertiary sector of the economy requiring special training in the arts or sciences.Some professional services require holding professional licenses such as architects, accountants, engineers, doctors and lawyers. Other professional services involve providing specialist business support to businesses of all sizes and in all sectors; this can include tax advice, supporting a company with accounting, IT services or providing management advice.

LPI (LP Information)' newest research report, the “Professional Services Industry Forecast” looks at past sales and reviews total world Professional Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Professional Services sales for 2023 through 2029. With Professional Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Professional Services industry.

This Insight Report provides a comprehensive analysis of the global Professional Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Professional Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Professional Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Professional Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Professional Services.

The global Professional Services market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The marketing and selection of professional-service providers may depend on factors such as skill, knowledge, experience, reputation, capacity, ethics, and creativity.Large corporations may have a formal procurement process for engaging professional services.Prices for services, even within the same field, may vary greatly. Professional-service providers may offer fixed rates for specific work, charge in relation to the number or seniority of people engaged, or charge in relation to the success or profit generated by the project.

This report presents a comprehensive overview, market shares, and growth opportunities of Professional Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Business
Engineering
IT
Legal Services

Segmentation by application
Small Business
Medium-sized Business
Large Business

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Microsoft
Oracle
SAP
Salesforce
Wolters Kluwer
Intuit Inc.
Aderant
Sage
IBM
Deltek
PwC
Deloitte
Bechtel
EY
KPMG
WPP
Publicis Groupe
Omnicom Group
McKinsey
AECOM

Please note: The report will take approximately 2 business days to prepare and deliver. Show more