Professional Services Market 2024-2028
The professional services market is forecasted to grow by USD 2077.8 bn during 2023-2028, accelerating at a CAGR of 5.7% during the forecast period. The report on the professional services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing focus on digitalizing business processes, rise in focus on core competencies in professional services industry, and increased adoption of BPO services in professional services industry.
Technavio's professional services market is segmented as below:
- By Industry Application
- Financial services
- Technology
- Healthcare
- Manufacturing
- Others
- By Delivery Mode
- On-site services
- Remote services
- Hybrid models
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing trend of using AI and ML in professional services industry as one of the prime reasons driving the professional services market growth during the next few years. Also, emergence of alsps in professional services industry and rise in focus on client and employee-centric culture in professional services industry will lead to sizable demand in the market.
The report on the professional services market covers the following areas:
- Professional services market sizing
- Professional services market forecast
- Professional services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading professional services market vendors that include Accenture Plc, AECOM, Aon plc, Bain and Co. Inc., Boston Consulting Group Inc., Business Connexion Ltd., Charles Ghadban Accounting, Cleary Gottlieb Steen and Hamilton LLP, Deloitte Touche Tohmatsu Ltd., Dentsu Group Inc., Enviro Analysts and Engineers Pvt Ltd., Ernst and Young Global Ltd., FinExpertiza, Forvis Mazars, Oliver, Wyman & Company, Omnicom Group Inc., PricewaterhouseCoopers LLP, Publicis Groupe SA, Slalom Consulting LLC, and Tata Consultancy Services Ltd.. Also, the professional services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.