Global Professional Services Market Size study, by Type (Business, Engineering, IT, Legal Services), Application (Small Business, Medium Sized Business, Large Business) and Regional Forecasts 2019-2026
Global Professional Services Market is valued approximately USD 3.13 trillion in 2018 and is anticipated to grow with a healthy growth rate of more than 8.0% over the forecast period 2019- 2026. The 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). Surging trade and commerce activities in both the developed and developing countries is one of the major factors responsible for high CAGR of the market. Surging adoption and utility of social media by both the large scale and small scale organizations is the factor that offers growth opportunities. Also, escalating demand for services which includes legal, advertising, accounting and other professional services is contributing towards growth of global Professional Services market. Further, surging utility of social media by both the small scale and large scale organizations that regulates their demand across various regions. However, lack of skilled professionals is the factor that is anticipated to hamper the market growth during the forecast period.
The regional analysis of global Professional Services market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to high demand for services such as accounting, photographic services, legal, advertising and other professional services from companies across all industries in the region. Europe contributes a significant growth in the global Professional Services market during the forecast period. Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019- 2026.
Major market player included in this report are:
Microsoft Corporation
Oracle Corporation
SAP
IBM Corporation
Sage
Intuit Inc.
Aderant
Wolters Kluwer
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Business
Engineering
IT
Legal Services
By Application:
Small Business
Medium Sized Business
Large Business
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Professional Services Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
The regional analysis of global Professional Services market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to high demand for services such as accounting, photographic services, legal, advertising and other professional services from companies across all industries in the region. Europe contributes a significant growth in the global Professional Services market during the forecast period. Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019- 2026.
Major market player included in this report are:
Microsoft Corporation
Oracle Corporation
SAP
IBM Corporation
Sage
Intuit Inc.
Aderant
Wolters Kluwer
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Business
Engineering
IT
Legal Services
By Application:
Small Business
Medium Sized Business
Large Business
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Professional Services Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Trillion)
1.3.1. Professional Services Market, by Type, 2016-2026 (USD Trillion)
1.3.2. Professional Services Market, by Application, 2016-2026 (USD Trillion)
1.3.3. Professional Services Market, by Region, 2016-2026 (USD Trillion)
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL PROFESSIONAL SERVICES MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL PROFESSIONAL SERVICES MARKET DYNAMICS
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
CHAPTER 4. GLOBAL PROFESSIONAL SERVICES MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Key Buying Criteria (On Demand)
4.4. Regulatory Framework (On Demand)
4.5. Investment Vs Adoption Scenario (On Demand)
4.6. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL PROFESSIONAL SERVICES MARKET, BY TYPE
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Professional Services Market, Sub Segment Analysis
5.3.1. Business
5.3.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
5.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
5.3.2. Engineering
5.3.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
5.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
5.3.3. IT
5.3.3.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
5.3.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
5.3.4. Legal Services
5.3.4.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
5.3.4.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
CHAPTER 6. GLOBAL PROFESSIONAL SERVICES MARKET, BY APPLICATION
6.1. Market Snapshot
6.2. Market Performance - Potential Model
6.3. Professional Services Market, Sub Segment Analysis
6.3.1. Small Business
6.3.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
6.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
6.3.2. Medium Sized Business
6.3.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
6.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
6.3.3. Large Business
6.3.3.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
6.3.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
CHAPTER 7. GLOBAL PROFESSIONAL SERVICES MARKET, BY REGIONAL ANALYSIS
7.1. Professional Services Market, Regional Market Snapshot (2016-2026)
7.2. North America Professional Services Market Snapshot
7.2.1. U.S.
7.2.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.2.1.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.2.1.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.2.2. Canada
7.2.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.2.2.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.2.2.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3. Europe Professional Services Market Snapshot
7.3.1. U.K.
7.3.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.3.1.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3.1.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3.2. Germany
7.3.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.3.2.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3.2.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3.3. Rest of Europe
7.3.3.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.3.3.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3.3.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4. Asia Professional Services Market Snapshot
7.4.1. China
7.4.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.4.1.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.1.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.2. India
7.4.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.4.2.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.2.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.3. Japan
7.4.3.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.4.3.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.3.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.4. Rest of Asia Pacific
7.4.4.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.4.4.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.4.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.5. Latin America Professional Services Market Snapshot
7.5.1. Brazil
7.5.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.5.1.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.5.1.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.5.2. Mexico
7.5.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.5.2.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.5.2.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.6. Rest of The World
7.6.1. South America
7.6.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.6.1.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.6.1.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.6.2. Middle East and Africa
7.6.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.6.2.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.6.2.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Company Market Share (Subject to Data Availability)
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Microsoft Corporation
8.3.1.1. Overview
8.3.1.2. Financial (Subject to Data Availability)
8.3.1.3. Product Summary
8.3.1.4. Recent Developments
8.3.2. Oracle Corporation
8.3.3. SAP
8.3.4. IBM Corporation
8.3.5. Sage
8.3.6. Intuit Inc.
8.3.7. Aderant
8.3.8. Wolters Kluwer
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.1.6. Research Assumption
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Trillion)
1.3.1. Professional Services Market, by Type, 2016-2026 (USD Trillion)
1.3.2. Professional Services Market, by Application, 2016-2026 (USD Trillion)
1.3.3. Professional Services Market, by Region, 2016-2026 (USD Trillion)
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL PROFESSIONAL SERVICES MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL PROFESSIONAL SERVICES MARKET DYNAMICS
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
CHAPTER 4. GLOBAL PROFESSIONAL SERVICES MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Key Buying Criteria (On Demand)
4.4. Regulatory Framework (On Demand)
4.5. Investment Vs Adoption Scenario (On Demand)
4.6. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL PROFESSIONAL SERVICES MARKET, BY TYPE
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Professional Services Market, Sub Segment Analysis
5.3.1. Business
5.3.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
5.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
5.3.2. Engineering
5.3.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
5.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
5.3.3. IT
5.3.3.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
5.3.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
5.3.4. Legal Services
5.3.4.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
5.3.4.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
CHAPTER 6. GLOBAL PROFESSIONAL SERVICES MARKET, BY APPLICATION
6.1. Market Snapshot
6.2. Market Performance - Potential Model
6.3. Professional Services Market, Sub Segment Analysis
6.3.1. Small Business
6.3.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
6.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
6.3.2. Medium Sized Business
6.3.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
6.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
6.3.3. Large Business
6.3.3.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
6.3.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Trillion)
CHAPTER 7. GLOBAL PROFESSIONAL SERVICES MARKET, BY REGIONAL ANALYSIS
7.1. Professional Services Market, Regional Market Snapshot (2016-2026)
7.2. North America Professional Services Market Snapshot
7.2.1. U.S.
7.2.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.2.1.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.2.1.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.2.2. Canada
7.2.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.2.2.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.2.2.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3. Europe Professional Services Market Snapshot
7.3.1. U.K.
7.3.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.3.1.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3.1.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3.2. Germany
7.3.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.3.2.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3.2.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3.3. Rest of Europe
7.3.3.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.3.3.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.3.3.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4. Asia Professional Services Market Snapshot
7.4.1. China
7.4.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.4.1.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.1.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.2. India
7.4.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.4.2.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.2.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.3. Japan
7.4.3.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.4.3.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.3.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.4. Rest of Asia Pacific
7.4.4.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.4.4.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.4.4.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.5. Latin America Professional Services Market Snapshot
7.5.1. Brazil
7.5.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.5.1.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.5.1.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.5.2. Mexico
7.5.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.5.2.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.5.2.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.6. Rest of The World
7.6.1. South America
7.6.1.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.6.1.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.6.1.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.6.2. Middle East and Africa
7.6.2.1. Market estimates & forecasts, 2016-2026 (USD Trillion)
7.6.2.2. Type breakdown estimates & forecasts, 2016-2026 (USD Trillion)
7.6.2.3. Application breakdown estimates & forecasts, 2016-2026 (USD Trillion)
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Company Market Share (Subject to Data Availability)
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Microsoft Corporation
8.3.1.1. Overview
8.3.1.2. Financial (Subject to Data Availability)
8.3.1.3. Product Summary
8.3.1.4. Recent Developments
8.3.2. Oracle Corporation
8.3.3. SAP
8.3.4. IBM Corporation
8.3.5. Sage
8.3.6. Intuit Inc.
8.3.7. Aderant
8.3.8. Wolters Kluwer
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.1.6. Research Assumption
