Global Services Market Research Report: Major Developments, Applications And Predictive Analytics

The Business Research Company offers "Services Global Market Report 2020-30: Covid 19 Impact and Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global services market is expected to grow from $11848.2 billion in 2019 to $11941.5 billion in 2020 at a compound annual growth rate (CAGR) of 0.8%. 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 8% from 2021 and reach $14734.2 billion in 2023.

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The services market consists of the sales of services and related goods earned by entities (organizations, sole traders and partnerships) that provide services. A service can be defined as a transaction between a buyer and a seller without the transfer of any physical goods or commodities. It mainly involves the use of resources, experience, skill, ingenuity, and intelligence.

The proliferation of data and the sophistication of analytical tools has enabled service companies to add to their offering. Descriptive and predictive analytics have become critical for many service companies as they generate actionable data insights. Human services agencies are using descriptive analytics for simple reporting or to detect non-compliance after transactions were completed.

Services Market Segmentation: -
By Type
1. Civic Services
2. Real Estate
3. Leasing
4. Commercial Services

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Services Market Characteristics
4. Services Market Product Analysis
5. Services Market Supply Chain
.........
20. Services Market Competitive Landscape
21. Key Mergers And Acquisitions In The Services Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the services market are CBRE Group; Southern Baptist Churches; Jones Lang LaSalle Inc.; World Food Programme; UNICEF

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

This release was published on openPR.