Press release
Professional Services Market to Grow at 8.0% of CAGR Till 2019-2026 | Global Industry Applications, Trends, Size, Key Player – Microsoft Corporation, Oracle Corporation, SAP, IBM Corporation, Sage, Intuit Inc., Aderant, Wolters Kluwer
Global Professional Services Market is valued approximately USD 3.13 trillion in 2018 and is anticipated to grow with a healthy growth rate of more than 8.0% over the forecast period 2019- 2026.The 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). Surging trade and commerce activities in both the developed and developing countries is one of the major factors responsible for high CAGR of the market.
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Surging adoption and utility of social media by both the large scale and small scale organizations is the factor that offers growth opportunities. Also, escalating demand for services which includes legal, advertising, accounting and other professional services is contributing towards growth of global Professional Services market. Further, surging utility of social media by both the small scale and large scale organizations that regulates their demand across various regions. However, lack of skilled professionals is the factor that is anticipated to hamper the market growth during the forecast period.
Major market player included in this report are:
• Microsoft Corporation
• Oracle Corporation
• SAP
• IBM Corporation
• Sage
• Intuit Inc.
• Aderant
• Wolters Kluwer
What you can expect from our report:
• Total Addressable Market [ Present Market Size forecasted to 2026 with CAGR ]
• Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
• Country wise Market Size Split [Important countries with major market share]
• Market Size Breakdown by Product/ Service Types – [ ]
• Market Size by Application/Industry verticals/ End Users – [ ]
• Market Share and Revenue/Sales of 10-15 Leading Players in the Market
• Production Capacity of Leading Players whenever applicable
• Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
• Pricing Trend Analysis – Average Pricing across regions
• Brandwise Ranking of Major Market Players globally
The regional analysis of global Professional Services market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to high demand for services such as accounting, photographic services, legal, advertising and other professional services from companies across all industries in the region. Europe contributes a significant growth in the global Professional Services market during the forecast period. Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019- 2026.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
• Business
• Engineering
• IT
• Legal Services
By Application:
• Small Business
• Medium Sized Business
• Large Business
By Regions:
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Rest of the World
Furthermore, years considered for the study are as follows:
• Historical year – 2016, 2017
• Base year – 2018
• Forecast period – 2019 to 2026
Target Audience of the Global Professional Services Market in Market Study:
• Key Consulting Companies & Advisors
• Large, medium-sized, and small enterprises
• Venture capitalists
• Value-Added Resellers (VARs)
• Third-party knowledge providers
• Investment bankers
• Investors
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Table of Content
Chapter 1. Executive Summary
Chapter 2. Global Professional Services Market Definition and Scope
Chapter 3. Global Professional Services Market Dynamics
Chapter 4. Global Professional Services Market Industry Analysis
Chapter 5. Global Professional Services Market, by Type
Chapter 6. Global Professional Services Market, by Application
Chapter 7. Global Professional Services Market, by Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Research Process
End of the report
Disclaimer
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Orian Research is one of the most comprehensive collections of market intelligence reports on the World Wide Web. Our reports repository boasts of over 500000+ industry and country research reports from over 100 top publishers. We continuously update our repository so as to provide our clients easy access to the world's most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients.
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