The environmental consulting market was valued at USD 41.37 billion in the previous year and is expected to register a CAGR of 6.01%, reaching USD 58.13 billion by the next five years. The global environmental consulting market has grown significantly in recent years due to various factors, including increased global environmental concern and the need to comply with severe environmental standards. Environmental consulting companies offer various services, including environmental impact assessments, sustainability reporting, environmental management systems, and compliance auditing. These services assist firms in reducing their environmental effect and ensuring compliance with legislation.
The environmental consulting market is highly fragmented, with the presence of major players like Jacobs Solutions Inc., AECOM, WSP Global Inc., Stantec Inc., and Ramboll Group AS. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
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