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Professional Services Global Market Briefing

  • January 2016
  • -
  • TBRC Business Research
  • -
  • 16 pages

Professional services is a broad sector which comprises of varied occupations which provide support to businesses of all sizes and in all sectors. The business entities which are engaged in providing professional services are generally referred as professional service organizations (PSOs) or professional service firms (PSFs).

The total value of the professional services sector globally in 2014 was $2,160 billion. Related to a world population of more than 7 billion in 2014 this equates to about $309 per person globally. Given that World Domestic Product was approximately $78 trillion in 2014, the market makes up about 2.0% of the global economy.

Professional services firms are becoming more sophisticated in their use of social media for finding and engaging clients online, marketing their services and monitoring their competitors. An enhanced social media presence helps professional services firms to improve awareness of the firm, increase client satisfaction and deepen client relationships.

Table Of Contents

Professional Services Global Market Briefing
Professional Services Global Market Briefing 1
Professional Services Market Characteristics 3
Professional Services Market Size and Comparisons 2015 4
Drivers of the Market 5
Restraints on the Market 6
Professional Services Market Forecast 7
Drivers of the Market 7
Restraints on the Market 8
Professional Services Market Segmentation 9
Professional Services Market Geography Split 10
Professional Services Market Competitors 11
Professional Services Market Key Mergers and Acquisitions 14
Professional Services Market Trends and Strategies 15
Appendix 16
Abbreviations 16
Currencies 16
Definitions 16
The Business Research Company 16


List Of Figures
Figure 1: Professional Services, Global Market Historic, 2010-2014 5
Figure 2: Professional Services, Global Market Forecast, 2014-2018 7
Figure 3: Global Professional Services, Market Segments, 2014 9
Figure 4: Global Professional Services Market, Geographic Segmentation, 2014(e) 10
Figure 5: Global Professional Services Market, Top Competitor Shares, 2014(e) 11



Companies Mentioned
Deloitte, Ernst and Young, KPMG LLP, PricewaterhouseCoopers, Baker Tilly, BDO, Moore Stephens and Grant Thornton.

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