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Freedonia Focus on Professional Services: United States

  • February 2015
  • -
  • Freedonia Focus
  • -
  • 23 pages

This report forecasts to 2018 US personal consumption expenditures (PCE) on professional services in US dollars. Total spending is segmented by service in terms of portfolio management and related, securities trading, banking, legal, tax preparation and related, and other services.

To illustrate historical trends, total spending is provided in an annual series from 2003 to 2013; the various segments are reported at five-year intervals for 2008 and 2013. A Market Environment section provides pertinent background on historical market size and trends, key economic indicators, regulatory factors, and payment technologies. A Demand Segmentation and Forecasts section defines services, discusses market drivers and constraints, identifies substitute services when applicable, and assesses the impact of key drivers and constraints on each service segment over the forecast period.

Further analysis includes an Industry Structure section, which surveys the supply base and profiles the leading firms competing to serve US demand. A one-page, introductory Highlights section summarizes key findings from this 23-page report, and a Resources section lists contributing sources as well as resources available for further research.

Table Of Contents

Freedonia Focus on Professional Services: United States
HIGHLIGHTS

MARKET ENVIRONMENT
Historical Market Size and Trends
Key Economic Indicators
Regulatory Factors
New Payment Technologies

DEMAND SEGMENTATION AND FORECASTS
Services

INDUSTRY STRUCTURE
Industry Composition and Characteristics
Additional Companies Cited

RESOURCES

LIST OF TABLES AND CHARTS

Chart 1 | US Professional Services Spending Trends, 2003-2013 (US$ bil)
Table 1 | Key Indicators for US Professional Services Spending; 2008, 2013, 2018
Chart 2 | US Professional Services Spending by Type; 2008, 2013, 2018 (US$ bil)
Table 2 | US Equity Trading Costs* by Brokerage (US$ per trade)
Table 3 | US Types of Banking Services
Chart 3 | US Professional Services Spending by Type Share; 2008, 2013, 2018 (%)

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