Professional Service Market Set for Explosive Growth | KPMG, Ernst & Young, Bechtel, Black & Veatch

Latest business intelligence report released on Global Professional Service Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Professional Service market outlook.

List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
PwC (United Kingdom), McKinsey & Company (United States), KPMG (Netherlands), Ernst & Young (United Kingdom), Omnicom Group (United States), GEP (United States), Genpact (United States), Deloitte (United Kingdom), Bechtel Corporation (United States), Black & Veatch (United States), Publicis Groupe (France) and AECOM (United States)

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Key Market Trends:
Emerging Trend of Automation and AI, and Increasing Globalization & Virtual Offices

Brief Overview on Professional Service:
Professional service means outsourcing core business services that help organizations to manage a specific part of their business. The main motive of outsourcing professional services is to reduce the cost of the organization. Further, the digital transformation of business and growing trends and technology have created significant opportunities for the professional services market. More and more organizations are looking towards legal assistance and consulting services to ensure they adhere to the current laws and regulations and improve operational efficiency.

Opportunities:
Rise of Recruiting, Retention, and Gig Economy Will Create Significant Opportunities

Market Growth Drivers:
Increased Adoption of Outsourcing Professional Services by the SMEs to Eliminate the Cost
High Growth of IT Professional Services Due to Digitalization of Business and Evolving Technological Advancements

Challenges:
Loss of Control and Lack of Visibility into the Process create Difficulties for the Service Provider

Segmentation of the Global Professional Service Market:
by Services (Legal Services, Accounting & Bookkeeping, Digital Marketing, Design, Research, IT Professional Services, Others), End Users (IT & Telecom, Transportation & Logistics, Healthcare, Retail & E-commerce, Manufacturing, Others), Enterprise Size (Small & Medium Enterprises, Large Enterprises)

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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Furthermore, the years considered for the study are as follows:
Historical data - 2016-2021
The base year for estimation - 2021
Estimated Year - 2022
Forecast period** - 2022 to 2027 [** unless otherwise stated]

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Summarized Extracts from TOC of Global Professional Service Market Study
Chapter 1: Exclusive Summary of the Professional Service market
Chapter 2: Objective of Study and Research Scope the Professional Service market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source

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