Worldwide Professional Services Size, Share, Growth, Forecast And Scope

The professional services market consists of the sales of professional services and related goods by entities (organizations, sole traders and partnerships) that offer services that provide support to businesses of all sizes, in all industries, and to individuals and institutions, in processes where human capital is the major input. Professional services establishments make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client View complete research report @ https://www.thebusinessresearchcompany.com/report/professional-services-market The global professional services market reached a value of nearly $5,700.2 billion in 2018, having grown at a compound annual growth rate (CAGR) of 7.4% since 2014.The global professional services market is expected to grow at a CAGR of 9.1% to nearly $8,082.4 billion by 2022. Growth in the historic period resulted from globalization, technological developments, companies outsourcing back end operations to low cost economies and increased mergers and acquisitions (M&A). Factors that negatively affected growth in the historic period were regulatory challenges, government regulations, skilled workforce shortages and scandals in the accounting industry. Request a sample of this report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=325&type=smp Few List of Tables: Table 1: Architectural, Engineering Consultants And Related Services Market, Product/Service Offerings Examples Table 2: Scientific Research And Development Services Market, Product/Service Offerings Examples Table 3: Management Consulting Market, Product/Service Offerings Examples Table 4: Design Services Market, Product/Service Offerings Examples Table 5: Surveying And Mapping Market, Product/Service Offerings Examples Table 6: Legal Services Market, Product/Service Offerings Examples Table 7: Accounting Services Market, Product/Service Offerings - Examples Table 8: Other Professional, Scientific, And Technical Services Market, Product/Service Offerings - Examples Table 9: Global Professional Services Market, Historic Market Size, 2014 - 2018, $ Billion Table 10: Global Professional Services Market, Forecast Market Size, 2018 - 2022, $ Billion

North America was the largest market for professional services, accounting for 33.4% of the global market in 2018. It was followed by Western Europe, Asia-Pacific and then the other regions. Going forward, e the fastest growing regions in the professional services market will be in South America and Asia-Pacific, where growth will be at CAGRs of 16.4% and 12.4% respectively. These will be followed by the Middle East and Africa where the markets will grow at CAGRs of 12.2% and 13.1% respectively.

Browse Recent Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx

About Us:

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally. Contact Information: The Business Research Company https://www.thebusinessresearchcompany.com Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Follow us on LinkedIn: https://www.linkedin.com/company/the-business-research-company

The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.