1. Market Research
  2. > Business Services

Business Services Overview: Get the Newest Market Research & Data Figures

  • Currently 5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
4 votes

Global Business Services Industry

The global business services market refers to the provision of business-related solutions to companies. The industry offers a range of services like human resources, consulting, security, marketing, logistics, facility management, outsourcing and leasing. The industry is characterized by fragmentation, with production spread out across many outfits.

There is no one business services provider with a large enough market share to dominate the industry or have an impact on factors such as pricing. The sector is characterized by fragmentation, with the 50 leading outfits generating less than a quarter of overall revenue.

Business Services Key Market Segments

The world information technology service industry is expected to record yearly market growth of 4% between 2010 and 2014, reports TechNavio. Expansion is fuelled by the entry of small IT consulting outfits into the market. Cloud computing has been playing an increasingly important role as a service delivery model. Leading companies operating in the global information technology and knowledge management service market include Fujitsu, IBM, Accenture and Hewlett-Packard.

The global cloud computing market is forecast to reach almost $83 billion by 2016, reports Visiongain. Market growth is being fuelled by increasing smartphone penetration around the world. Advantages afforded by cloud computing, which appeal to companies of all sizes, include adaptability to market demands, scalability, flexible payment methods, faster time-to-market and cost reduction.

The world IT consulting and other audit services industry reached almost $516 billion in 2010, according to MarketLine. Market growth is expected to slow to a yearly rate of just over 2.5% between 2010 and 2015 to reach just under $588 billion. Integration and development services represent the leading market segment, exceeding $254 billion in 2010, which accounts for almost half the overall market in terms of value. The sector encompasses the provision of IT and systems integration solutions, information management services, and IT consulting.

MarketLine estimates the world advertising market was worth almost $87 billion in 2010. Market growth is expected to reach a yearly rate of 5.5% between 2010 and 2015 to exceed $113 billion. Food, beverage and personal/healthcare represent the leading market segment, accounting for over 25% of the overall market in 2010, generating over $22 billion in revenue.

The world mobile marketing and advertising industry exceeded $3.4 billion in 2010, reports Berg Insight. The market is expected to continue recording yearly growth of almost 37%, to reach close to $23 billion in 2016, which will account for more than 15% of the overall digital advertising sector. In the same year, mobile advertising is forecast to account for close to 4% of overall ad spending for media. In many large companies product promotions are often partly outsources. This trend has created a large sub-industry: the business outsourcing sector.

The world legal services sector (which includes the human resources industry) generated over $585 billion in revenue in 2010, according to MarketLine. Market growth is expected to exceed a yearly rate of 5% between 2010 and 2015 to reach close to $752 billion. The global legal professional base grew at a yearly rate of more than 1.5% for the four-year period ending 2010 to exceed more than 3.28 million professionals.

Business Services Regional Market Share

The US business services market involves around 34,000 outfits, which generate yearly revenue of close to $580 billion, according to research from Hoovers. Leading business services providers include Manpower and Kelly Services, specializing in staffing services, solid waste handling company Waste Management and Republic Services, and facilities service outfits Rollins and ABM Industries.

Read more »

24/7 Customer Support

Talk to Sam

+33 4 37 65 17 06

1-10 of about 124000 reports

Business Services Industry in the US

  • July 2017
    9 pages
  • United States  

View report >

Business Services Industry in Europe - Forecast

  • October 2017
    6 pages
  • Business Servic...  

  • Europe  


View report >

Business Services Industry in Asia

  • November 2017
    11 pages
  • Asia  



View report >

Business Services Supply in Japan

  • October 2017
    7 pages
  • Business Servic...  

  • Japan  

View report >

Business Services Forecast in Germany

  • June 2017
    5 pages
  • Business Servic...  

  • Germany  



View report >

Business Services Industry in Italy

  • October 2016
    18 pages
  • Business Servic...  

  • Italy  



View report >

Business Services Industry in Belgium and the UK

  • October 2017
    8 pages
  • Business Servic...  

  • Belgium  

    United Kingdom  


View report >

Business Services Industry in Canada - Forecast

  • April 2017
    12 pages
  • Business Servic...  

    Supply Chain  

  • Canada  

View report >

Business Services Industry in Brazil

  • January 2017
    10 pages
  • Business Servic...  

  • Brazil  

    South America  

View report >

About 14000 reports

Purchase Reports From Reputable Market Research Publishers
(From € 68 - € 19990)

Middle East Cloud Infrastructure Services Market: Forecast until 2022

  • € 6384
  • Industry report
  • October 2017
  • by MarketsandMarkets

Initiatives by governments and corporates to promote technologies such as cloud and analytics are expected to propel the Middle East cloud infrastructure services market growthThe Middle East cloud infrastructure ...

Data Center Power Market: Global Forecast until 2021

January 2017 € 6384

SIP Trunking Services Industry in North America, Europe ...

August 2016 € 5268

Data Center Infrastructure Management Industry in Infor ...

August 2016 € 5268

Cloud DLP Market: Global Forecast until 2022

November 2017 € 5045

Farm Management Software Market: Global Forecast until ...

September 2017 € 5045

Healthcare IT Consulting Market: Forecast until 2022

August 2017 € 5045

Cloud Security Market: Global Forecast until 2022

April 2017 € 5045

Bioinformatics Market: Global Analysis

October 2016 € 5045

Personal Identity Management Market: Global Forecast un ...

August 2016 € 5045

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.