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Professional Services Global Market Briefing 2017

  • December 2016
  • -
  • TBRC Business Research
  • -
  • 36 pages

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


The largest geographic markets by consumption in the professional services sector are the Americas, Asia and Europe. The Americas was the largest region in the professional services market in 2016, accounting for 40% market share. This can be attributed to high demand for services such as accounting, legal, advertising, photographic services and other professional services from companies across all industries. Europe was the second largest region accounting for almost 30% market share.

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 2017
Table of Contents
Professional Services Market Characteristics 5
Professional Services Market Historic Growth 6
Drivers of the Market 7
Restraints on the Market 7
Professional Services Market Forecast 8
Drivers of the Market 9
Restraints on the Market 9
Professional Services Market Geography Split 10
Global Professional Services Market, Historic and Forecast Growth Rate, Split By Region, 2012 - 2020 11
Global Professional Services Market, Split By Country, 2016 12
Global Professional Services Market, Historic and Forecast Growth Rate, Split By Country, 2012 - 2020 14
Professional Services Market Segmentation 16
Global Professional Services Market, Historic and Forecast, Split By Segments, 2012 - 2020 17
Professional Services Market Competitors 19
PwC 20
Deloitte 21
Bechtel 22
EY 22
KPMG 23
Professional Services Market Key Mergers and Acquisitions 25
Professional Services Market Trends and Strategies 26
The Use Of Social Media 26
Virtual Firms In The Professional Industry 26
Value-Oriented Revenue Model 26
Emergence Of Modularization 26
The Rise Of The Cloud-Based Systems 27
Professional Services Appendix 28
Accounting Services 28
Design, Research, Promotional And Consulting Services 28
Architectural, Engineering, And Related Services 28
Specialized Design Services 29
Management Consulting Services 30
Environmental Consulting Services 31
Scientific Research And Development Services 31
Advertising, Public Relations, And Related Services 32
Market Research And Other General Professional Services 32
Photographic Services 33
Legal Services 33
Research Methodology 34
Abbreviations 34
Currencies 34
Research Inquiries 34
The Business Research Company 34


List of Tables
Table 1: Global Professional Services Market, Historic Market Size, 2012 - 2016, $ Billion 6
Table 2: Global Professional Services Market, Forecast Market Size, 2016 - 2020, $ Billion 8
Table 3: Global Professional Services Market, Split By Region, 2016, $ Billion 10
Table 4: Global Professional Services Market, Historic and Forecast Growth Rate, Split By Region, 2012 - 2020 11
Table 5: Global Professional Services Market, Split By Country, 2016, $ Billion 13
Table 6: Global Professional Services Market, Historic and Forecast Growth Rate, Split By Country, 2012 - 2020 14
Table 7: Global Professional Services Market, 2016, Split By Segments, 2016 $ Billion 16
Table 8: Global Professional Services Market, Historic and Forecast, Split By Segments, 2012 - 2020 17
Table 9: Global Professional Services Market, Key Competitor Market Shares, 2016, Percentage (%) 20


List of Figures
Figure 1: Global Professional Services Market, Historic Market size, 2012 - 2016, $ Billion 6
Figure 2: Global Professional Services Market, Forecast Market Size, 2016 - 2020, $ Billion 8
Figure 3: Global Professional Services Market, Split By Region, 2016, $ Billion 10
Figure 4: Global Professional Services Market, Historic and Forecast Growth Rate, Split By Region, 2012 - 2020 11
Figure 5: Global Professional Services Market, Split By Country,2016, $ Billion 12
Figure 6: Global Professional Services Market, Historic and Forecast Growth Rate, Split By Country, 2012 - 2020 14
Figure 7: Global Professional Services Market, Split By Segment, 2016, $ Billion 16
Figure 8: Global Professional Services Market, Historic and Forecast, Split By Segments, 2012 - 2020 17
Figure 9: Global Professional Services Market, Key Competitor Market Shares, 2016, Percentage(%) 19

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