The
design, research, promotional and consulting services (also referred to as
general professional services) market comprises establishments offering
expertise and services to a wide range of industries, in some cases households
and individuals. Activities include architectural, engineering, specialized
design services, research services, advertising services, photographic
services, translation, interpretation and other design, research, promotional
and consulting services. General professional services are hereby referred as design,
research, promotional and consulting services.
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The
global design, research, promotional and consulting services market is valued
at around $4 trillion in 2017. The drivers of the market are economic growth and smart cities.
The
market segments in the design, research, promotional and consulting services market
as of 2017 were architectural, engineering consultants and other related
services, management consulting services, advertising, public relations and
related services, scientific research & development, specialized design
services, market research and other general professional services, photographic
services and environmental consulting services. Architectural, Engineering
Consultants and Related Services was the largest segment in the market
accounting for one-third of the market share. It is followed by Scientific
Research And Development Services, Management Consulting Services and
Advertising, Public Relations, And Related Services segments accumulatively
accounting for more than half of the market share. The rest of the market is
shared among Market Research Services, Specialized Design Services,
Photographic Services and Environmental Consulting Services.
North America was the largest region in the design, research,
promotional and consulting services market in 2017, accounting for almost 33 %
of market share. This was mainly due to high demand for
landscaping, architecture, industrial design and interior design services from
commercial establishments across all industries.
The USA was the largest country in the design, research, promotional and
consulting services market in 2017, accounting for one-fourth of the market
share.
The
top five competitors in the market made up less than 2% of the total market in
2017. WPP PLC was the largest competitor, followed by Deloitte LLP, Omnicom
Group, PwC LLP, and Ernst & Young LLP.
About the Business Research Company.
The
Business Research Company is a Business Intelligence Company which excels in
company, market and consumer research. It has offices in the UK, the US and
India and a network of trained researchers in 15 countries globally.
Contact Information.
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