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Professional Services Global Market Briefing Outlook 2016

Professional Services Global Market Briefing Outlook 2016

From $1,000.00

Including – Accounting Services, Legal Services and General Professional Services.
Covering – PwC, Deloitte, Bechtel, EY and KPMG


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SKU: 1375. Category: .
Description

Professional service is a broad sector which comprises 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 to as professional service organizations (PSOs) or professional service firms (PSFs).

Professional Services Global Market Briefing provides strategists, marketers and senior management with the critical information they need to assess the global professional service.

Reasons to Purchase

• Get up to date information available on the professional service market globally.
• Identify growth segments and opportunities.
• Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market.
• Develop strategies based on likely future developments.
• Gain a global perspective on the development of the market.

Description

Professional service Global Market Briefing Report from The Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.

The market characteristics section of the report defines and explains the market.

The market size section gives the Professional service market revenues, covering both the historic growth of the market and forecasting the future.

Drivers and restraints looks at the external factors supporting and controlling the growth of the market.

Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.

Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.

The trends and strategies section highlights the likely future developments in the professional service market and suggests approaches.

Scope

Markets Covered: General professional services, legal services and accounting services
Companies Mentioned: PwC, Deloitte, Bechtel, EY, KPMG, WPP, Publicis Groupe, Omnicom Group, McKinsey and AECOM
Geographic scope: Americas, Europe, Asia, Middle East and Africa, Oceania.
Time series: Five years historic and forecast.
Data: Market value in $ billions.
Data segmentations: Regional breakdowns, market share of competitors, key sub segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Additional Information
Markets covered:

General professional services, legal services and accounting services

Companies mentioned:

PwC, Deloitte, Bechtel, EY, KPMG, WPP, Publicis Groupe, Omnicom Group, McKinsey and AECOM.

Geographic scope

Americas, Europe, Asia, Middle East and Africa, Oceania.

Time series:

Five years historic and forecast.

Data:

Market value in $ billions.

Data Segmentations:

Regional breakdowns, market share of competitors, key sub segments.

Sourcing and Referencing:

Data and analysis throughout the report is sourced using end notes.

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, 2011-2019 11
Global Professional Services Market, Split By Country, 2015 12
Global Professional Services Market, Historic and Forecast Growth Rate, Split By Country, 2011-2019 14
Professional Services Market Segmentation 16
Global Professional Services Market, Historic and Forecast, Split By Segments, 2011-2019 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
Executive Summary
Professional services include but are not limited to accounting and auditing services, architectural and engineering services, rental and operational leasing services, management consulting services, legal services, financial advisory services, market research services, scientific research and development services.
The global professional services market is expected to grow to cross $2,500 billion in 2019. The professional services industry benefitted from technological growth during 2011-2015. This period saw technological development as a key driver of the global economy. During this period the value of the NASDAQ index of technology stocks in the USA increased more than 100%.Rapid progress in technology has led to the development of new applications for the professional services industry. These applications help professional services firms enhance their productivity, provide innovative product offerings and improve the quality of their services.
The top five competitors in the market made up 4% of the total market in 2015. PWC was the largest competitor with 1% of the market, followed by Deloitte, Bechtel, EY and KPMG. There has been a growing trend from clients to pick and choose which of the service elements they prefer to do themselves and which of them should be allocated to different service providers. This approach is called modularization of services and is a response to clients feeling that a single firm would not be able to handle the complexity of a large project and hence wanting four to five firms to collaborate. Alternatively the client may want to break down the project into various small components that can be allocated to specialized professional firms.
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