Global Services Market Size, Growth Opportunities, Current Trends, Competition, Forecast Report 2022 - 2026

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Services Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The services market research report helps gain a truly global perspective of the services industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

The regions covered in the services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest services market share.

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The services market consists of the sales of services and related goods 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. Examples include equipment and machinery repairing, promoting or administering religious activities, grantmaking, advocacy, and providing drycleaning and laundry services, personal care services, death care services, pet care services, photofinishing services, temporary parking services, and dating services.

Key competitors in the services market include BCD Travel, Enterprise Holdings Inc, Randstad Holding NV, Adecco Group, Travel Leaders Group, TUI Group, Recruit Holdings, ManpowerGroup Inc., Berkshire Hathaway Inc. and Waste Management Inc.

The global services market size is expected to grow from $12586.88 billion in 2021 to $14057.24 billion in 2022 at a compound annual growth rate (CAGR) of 11.7%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The service market is expected to reach $20860.39 billion in 2026 at a CAGR of 10.4%.

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TBRC’s report segments the global services market:
1) By Type: Civic Services, Real Estate, Leasing, Commercial Services, Personal Services, Repair and Maintenance
2) By Mode: Online, Offline

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The Table of Contents includes:
1. Executive Summary
2. Report Structure
3. Services Market Characteristics
4. Services Market Product Analysis
5. Services Market Supply Chain
.....
22. Key Mergers And Acquisitions In The Services Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

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