Social Sciences And Humanities Services Global Market To Reach Value Of $56.5 Billion In 2025

14 Sep, 2021

The social sciences and humanities services market consists of the sales of social sciences and humanities services and related goods by entities (organizations, sole traders, and partnerships) that engage in research on cognitive development, sociology, psychology, language, behavior, economic and other social science and humanities research. Most of the social sciences and humanities organizations are funded by public sector organizations. Some private companies also fund research activities of social sciences and humanities organizations. Only goods and services traded between entities or sold to end consumers are included.

Global Social Sciences And Humanities Services Market Size And Drivers:

The global social sciences and humanities services market is expected to grow from $39.06 billion in 2020 to $40.93 billion in 2021 at a compound annual growth rate (CAGR) of 4.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $56.52 billion in 2025 at a CAGR of 8.4%. The growing need to understand human behavior, identify societal problems, and finding their solutions is driving the social sciences and humanities services market.

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Trends In The Global Social Sciences And Humanities Services Market

Methodological advancements such as big data is a major trend gaining popularity in the social sciences and humanities services market.

Global Social Sciences And Humanities Services Market Segments:
The global social sciences and humanities services market is further segmented –
By Type: Archeological Research And Development Services, Sociology Research And Development Services, Behavioral Research And Development Services, Economic Research And Development Services, Humanities Research And Development Services, Social Science Research And Development Services, Other Research And Development Services
By Mode: Online, Offline
By Geography: The global social sciences and humanities services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Social Sciences And Humanities Services Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides social sciences and humanities services market overviews, analyzes and forecasts market size and growth for the global social sciences and humanities services market, social sciences and humanities services market share, social sciences and humanities services market players, social sciences and humanities services market segments and geographies, social sciences and humanities services market’s leading competitors’ revenues, profiles and market shares. The social sciences and humanities services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.