Growing competition in the professional services market pushes players to seek innovative solutions
The Business Research Company Professional Services Market 2021 – Opportunities and Strategies – Global Forecast to 2030
LONDON, GREATER LONDON, UK, November 17, 2021 /EINPresswire.com/ – The professional services market is expected to benefit from increasing attention to customer satisfaction and experience surveys. Rising competition between businesses is forcing them to find new ways to retain their customers and attract new ones. To achieve this goal, many companies seek continuous feedback from customers in order to provide high quality goods or services. For example, according to Gartner, going forward 89% of businesses will compete on customer experience. According to a survey by SupperOffice, in 2021, 9 out of 10 companies compete primarily on customer experience and organizations that take the customer experience seriously that will stand out from the noise and gain loyal customers. Customer experience has quickly become a top priority for businesses. The growing emphasis on customer satisfaction for goods and services provided by companies is expected to drive the growth of the professional services market during the period 2019-2023.
Over the past five years, the environmental consulting services market has seen an increase in the number of specialist consulting firms that focus on specific environmental concerns. The growth of these businesses is independent and organic, as organizations seek solutions to specific problems. Information and market intelligence company Environment Analyst predicts an increase in companies specializing in climate change and energy services, growing by more than 30% over the next five years, and in Latin America, Africa and the Middle East, increasing by 33.6% and 26.7%, respectively.
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The global professional services market reached a value of nearly $ 5.03 billion in 2020, after growing at a compound annual growth rate (CAGR) of 2.8% since 2015. The market is expected to grow at a CAGR by 7.0% from 2020 to reach $ 7.06 billion. by 2025. The global professional services market is expected to reach $ 9.37 billion by 2030, with a CAGR of 5.8%.
The main players in the global professional services industry are Deloitte Touche, Tohmatsu Limited, PricewaterhouseCoopers (PwC), Ernst & Young, KPMG, Accenture Plc.
The global TBRC professional services market is segmented by type into design, research, promotion and consultancy services, legal services, accounting services, and all other professional, scientific and technical services.
Professional Services Market 2021 – By Type (Design, Research, Promotional and Consulting Services, Legal Services, Accounting Services, Other Professional, Scientific and Technical Services) by Region, Opportunities and Strategies – Global Forecast To 2030 is part of a series new reports from The Business Research Company which provides professional services market overview, professional services market size and growth forecast for the overall market, professional services market segments and geographies, professional services market trends, professional services market drivers, constraints, revenues of major competitors, profiles, and market shares.
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