In 2023, the Environmental and Other Technical Consulting Services Industry in the US had a gross output of approximately $53.05 billion. Forecasts indicate steady growth with output projected to rise to $54.25 billion in 2024, reaching $58.66 billion by 2028. The year-on-year growth projections are 2.1% for 2025, 2.0% for 2026, 1.9% for 2027, and 1.9% for 2028. This indicates a consistent upward trend, driven by increasing demand for environmental solutions and technical consulting services. The forecasted CAGR for the period from 2023 to 2028 is around 2.0%.
Future trends to watch for include:
- Increased emphasis on sustainable practices and environmental regulations driving industry growth.
- Technological advancements enhancing efficiency and service offerings.
- Rising awareness among businesses and governments on environmental issues boosting consulting demand.