Professional Services Market Projections Highlighting Primary Trends until 2030


03 November 2020

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The Business Research Company’s latest report Professional Services Global Market Report 2020 covers Professional Services market drivers, Professional Services market trends, Professional Services market segments, Professional Services market growth rate, Professional Services market major players, and Professional Services market size. The report provides in-depth analysis of the impact of COVID-19 on the Professional Services industry, along with revised market numbers due to the effects of the coronavirus.

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Professional Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

The global professional services market is expected to grow from $5405.2 billion in 2019 to $5409.3 billion in 2020 at a compound annual growth rate (CAGR) of 0.1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $6519.9 billion in 2023.

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The report covers the professional services market’s segments-
By Type: Design, Research, Promotional And Consulting Services, Legal Services, Accounting Services, All Other Professional, Scientific, and Technical Services.

Subsegments covered: Photographic Services, Market Research Services, Advertising, Public Relations, And Related Services, Scientific Research And Development Services, Environmental Consulting Services, Management Consulting Services, Specialized Design Services, Architectural, Engineering Consultants And Related Services, B2B Legal Services, B2C Legal Services, Hybrid Legal Services, Criminal Law Practices, Payroll Services, Tax Preparation Services, Bookkeeping, Financial Auditing and Other Accounting Services, Translation Services, Other Professional, Scientific, and Technical Services.

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