Professional Services Market Global Briefing 2017
May 2017
49
About the Report
About the Report
Professional service is a broad market which comprises varied occupations which provide support to businesses of all sizes and in all industries. The business entities which are engaged in providing professional services are generally referred to as professional service organizations (PSOs) or professional service firms (PSFs).
The Americas was the largest region in the professional services market in 2016, accounting for 40% market share. This can be attributed to high demand for services such as accounting, legal, advertising, photographic services and other professional services from companies across all industries. Europe was the second largest region accounting for 33% market share. Asia was the third largest region accounting for 19% market share.
Professional services firms are becoming more sophisticated in their use of social media for finding and engaging clients online, marketing their services and monitoring their competitors. An enhanced social media presence helps professional services firms to improve awareness of the firm, increase client satisfaction and deepen client relationships.
Products
Companies
PwC, Deloitte, Bechtel, EY, KPMG, WPP, Publicis Groupe, Omnicom Group, McKinsey and AECOM
Table of Contents
Table of Contents
Professional Services Market Characteristics 5
Architectural, Engineering And Related Service 5
Specialized Design Service 5
Management Consulting Service 5
Scientific Research And Development Service 5
Advertising, Public Relations, And Related Service 6
Market Research And Other Design, Research, Promotional And Consulting Services 6
Professional Services Market Historic Growth 7
Drivers of the Market 8
Restraints on the Market 8
Professional Services Market Forecast Growth 9
Drivers of the Market 9
Restraints on the Market 10
Reduction in Free Trade 10
Professional Services Market Comparison With Other Markets 11
Professional Services Market Historic and Forecast Growth Comparison With Other Markets 13
Professional Services Market Geography Split 15
Global Professional Services Market, Historic and Forecast Growth Rate, Split By Region, 2012-2020 17
Global Professional Services Market, Split By Country, 2016 19
Global Professional Services Market, Historic and Forecast Growth Rate, Split By Country, 2012-2020 20
Professional Services Market Segmentation 22
Global Professional Services Market, Split By Segments, 2016, $ Billion 22
Design, Research, Promotional And Consulting Services 23
Legal Services 23
Accounting 23
Global Professional Services Market, Historic and Forecast, By Segment, 2012-2020 24
Design, Research, Promotional And Consulting Services Market Segmentation 25
Global Design, Research, Promotional And Consulting Services Market, Split By Segments, 2016, $ Billion 25
Architectural, Engineering Consultants and Other Related Services 26
Management Consulting Services 26
Advertising, Public Relations and Related Services 26
Environmental Consulting Services 26
Global Design, Research, Promotional And Consulting Services Market, Historic and Forecast, By Segment, 2012-2020 27
Professional Services Market Competitors 29
PwC 30
Deloitte 31
Bechtel 32
EY 33
KPMG 33
Professional Services Market Key Mergers and Acquisitions 35
Professional Services Market Trends and Strategies 36
Social Media Adoption 36
Virtual Firms In The Professional Industry 36
Value-Oriented Revenue Model 36
Emergence Of Modularization 37
Professional Services Appendix 38
Research Methodology 44
Abbreviations 45
Currencies 45
Research Inquiries 45
The Business Research Company 45
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List of Figure
Figure 1: Global Professional Services Market, Historic Market Size, 2012-2016, $ Billion 7
Figure 2: Global Professional Services Market, Forecast Market Size, 2016-2020, $ Billion 9
Figure 3: Global Professional Services Market Value, Comparison With Other Markets, 2016, $ Billion 11
Figure 4: Global Professional Services Market, Historic and Forecast Growth Rate, Comparison With Other Industries, 2012-20, Percentage (%) 13
Figure 5: Global Professional Services Market, Split By Region, 2016, $ Billion 15
Figure 6: Global Professional Services Market, Historic and Forecast Growth Rate, Split By Region, 2012-2020 17
Figure 7: Global Professional Services Market, Split By Country, Split By Country, 2016, $ Billion 19
Figure 8: Global Professional Services Market, Historic and Forecast Growth Rate, Split By Country, 2012-2020 20
Figure 9: Global Professional Services Market, Split By Segments, 2016, $ Billion 22
Figure 10: Global Professional Services Market, Historic and Forecast Growth Rate, By Segment, 2012-2020 24
Figure 11: Global Design, Research, Promotional And Consulting Services Market, Split By Segments, 2016, $ Billion 25
Figure 12: Global Design, Research, Promotional And Consulting Services Market, Historic and Forecast Growth Rate, By Segment, 2012-2020 27
Figure 13: Global Professional Services Market, Key Competitor Estimated Market Shares, 2016, Percentage(%) 29
List of Table
Table 1: Global Professional Services Market, Historic Market Size, 2012-2016, $ Billion 7
Table 2: Global Professional Services Market, Forecast Market Size, 2016-2020, $ Billion 9
Table 3: Global Professional Services Market Value, Comparison With Other Markets, 2016, $ Billion 12
Table 4: Global Professional Services Market, Historic and Forecast Growth Rate, Comparison With Other Industries, 2012-20, Percentage (%) 14
Table 5: Global Professional Services Market, Split By Region, 2016, $ Billion 15
Table 6: Global Professional Services Market, Historic and Forecast Growth Rate, Split By Region, 2012-2020 17
Table 7: Global Professional Services Market, Split By Country, Split By Country, 2016, $ Billion 19
Table 8: Global Professional Services Market, Historic and Forecast Growth Rate, Split By Country, 2012-2020 20
Table 9: Global Professional Services Market, Split By Segments, 2016, $ Billion 23
Table 10: Global Design, Research, Promotional And Consulting Services Market, Split By Segments, 2016, $ Billion 26
Table 11: Global Professional Services Market, Key Competitor Estimated Market Shares, 2016, Percentage (%) 30
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