Professional Services Global Market Opportunities And Strategies to 2022 - Deloitte Touche Tohmatsu Limited , PricewaterhouseCoopers , Ernst & Young KPMG Accenture Plc

This report describes and evaluates the market for professional services globally. It covers two five-year periods, 2014 to 2018, termed the historic period, and 2018 through 2022, the forecast period.

The global professional services market reached a value of nearly $5,700.2 billion in 2018, having grown at a compound annual growth rate (CAGR) of 7.4% since 2014.The global professional services market is expected to grow at a CAGR of 9.1% to nearly $8,082.4 billion by 2022.

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Top Companies Covered in this Report
Deloitte Touche Tohmatsu Limited
PricewaterhouseCoopers (PwC)
Ernst & Young
KPMG
Accenture Plc

Growth in the historic period resulted from globalization, technological developments, companies outsourcing back end operations to low cost economies and increased mergers and acquisitions (M&A). Factors that negatively affected growth in the historic period were regulatory challenges, government regulations, skilled workforce shortages and scandals in the accounting industry. Going forward, faster economic growth, transitions in financial reporting standards and regulatory reforms will drive growth. Factors that could hinder the growth of this market in the future include increasing penetration of DIY design tools, skilled workforce shortages, rising costs and decreasing margins, and reductions in free trade.

The professional services market in this report is segmented by type of service into design, research, promotional and consulting services, legal services, accounting services, and all other professional, scientific, and technical services. The design, research, promotional and consulting services market was the largest segment of the professional services market in 2018 at 72.8%. The all other professional, scientific, and technical services market will be the fastest-growing segment going forward at a CAGR of 10.9%.

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North America was the largest market for professional services, accounting for 33.4% of the global market in 2018. It was followed by Western Europe, Asia-Pacific and then the other regions. Going forward, e the fastest growing regions in the professional services market will be in South America and Asia-Pacific, where growth will be at CAGRs of 16.4% and 12.4% respectively. These will be followed by the Middle East and Africa where the markets will grow at CAGRs of 12.2% and 13.1% respectively.

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Description:
Where is the largest and fastest growing market for the professional services market- How does the market relate to the overall economy, demography and other similar markets- What forces will shape the market going forward- The global professional services market report to 2022 report from Publisher answers all these questions and many more.
The report covers the following chapters

Table of Contents

1. Professional Services Market Executive Summary
2. Table of Contents
3. Report Structure
4. Introduction
5. Professional Services Market Characteristics
6. Professional Services Market Supply Chain
7. Professional Services Market Product/Service Analysis
8. Professional Services Market Customer Information
9. Professional Services Market Trends And Strategies
10. Professional Services Market, Porter's Five Forces Model

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