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Global Professional Services Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 2/24/2023
  • NO OF PAGES
  • 205
  • CATEGORY
  • Others
Professional Services market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Professional Services market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Professional Services manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Professional Services market covering all its essential aspects.

Global Professional Services Market: Segmentations



Global Professional Services Market: Major Players
Itransition
Avenga
SADA Systems
ScienceSoft
Skelia
Altar.io
Synoptek, LLC
Caserta
Unity Group
IT Svit
QArea
Dataprise
TechMD
Binary Republik
HatchWorks Technologies
Panorama Consulting Group
PSL Corp
Intellectsoft
Intellias
Mindtree
N-iX
ELEKS
Maven Wave Partners
Bluewolf

Global Professional Services Market: By Types
IT Consulting Services
IT Services

Global Professional Services Market: By Applications
Тесhnоlоgу Соmраnіеѕ
Соnѕultіng Соmраnіеѕ
Маrkеtіng & Соmmunісаtіоn Соmраnіеѕ
Оthеrѕ



Global Professional Services Market: Regional Analysis
The countries covered in the regional analysis of the Global Professional Services market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Professional Services market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Professional Services would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Professional Services Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Professional Services Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Professional Services
1.3 Professional Services Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Professional Services Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of Professional Services
1.4.2 Applications of Professional Services
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Professional Services Industry Trends
1.5.2 Professional Services Drivers
1.5.3 Professional Services Market Challenges
1.5.4 Professional Services Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Professional Services Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Professional Services Industry Development

2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Professional Services Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Professional Services
2.2.1 Major Players Manufacturing Base of Professional Services in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Professional Services Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Professional Services
2.3.3 Labor Cost of Professional Services
2.4 Market Channel Analysis of Professional Services
2.5 Major Down Stream Customers by Application

3 Global Professional Services Market, by Type
3.1 Global Professional Services Revenue and Market Share by Type (2016-2021)
3.2 Global Professional Services Production and Market Share by Type (2016-2021)
3.3 Global Professional Services Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Professional Services Revenue and Growth Rate of IT Consulting Services
3.3.2 Global Professional Services Revenue and Growth Rate of IT Services
3.4 Global Professional Services Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends

4 Professional Services Market, by Application
4.1 Downstream Market Overview
4.2 Global Professional Services Consumption and Market Share by Application (2016-2021)
4.3 Global Professional Services Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Professional Services Consumption and Growth Rate of Тесhnоlоgу Соmраnіеѕ (2016-2021)
4.3.2 Global Professional Services Consumption and Growth Rate of Соnѕultіng Соmраnіеѕ (2016-2021)
4.3.3 Global Professional Services Consumption and Growth Rate of Маrkеtіng & Соmmunісаtіоn Соmраnіеѕ (2016-2021)
4.3.4 Global Professional Services Consumption and Growth Rate of Оthеrѕ (2016-2021)

5 Global Professional Services Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Professional Services Revenue and Market Share by Region (2016-2021)
5.2 Global Professional Services Consumption and Market Share by Region (2016-2021)
5.3 Global Professional Services Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Professional Services Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Professional Services Market Under COVID-19
5.4.2 North America Professional Services SWOT Analysis
5.5 Europe Professional Services Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Professional Services Market Under COVID-19
5.5.2 Europe Professional Services SWOT Analysis
5.6 China Professional Services Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Professional Services Market Under COVID-19
5.6.2 China Professional Services SWOT Analysis
5.7 Japan Professional Services Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Professional Services Market Under COVID-19
5.7.2 Japan Professional Services SWOT Analysis
5.8 Middle East and Africa Professional Services Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Professional Services Market Under COVID-19
5.8.2 Middle East and Africa Professional Services SWOT Analysis
5.9 India Professional Services Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Professional Services Market Under COVID-19
5.9.2 India Professional Services SWOT Analysis
5.10 South America Professional Services Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Professional Services Market Under COVID-19
5.10.2 South America Professional Services SWOT Analysis
5.11 South Korea Professional Services Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Professional Services Market Under COVID-19
5.11.2 South Korea Professional Services SWOT Analysis
5.12 Southeast Asia Professional Services Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Professional Services Market Under COVID-19
5.12.2 Southeast Asia Professional Services SWOT Analysis

6 Global Professional Services Production by Top Regions (2016-2021)
6.1 Global Professional Services Production by Top Regions (2016-2021)
6.2 North America Professional Services Production and Growth Rate
6.3 Europe Professional Services Production and Growth Rate
6.4 China Professional Services Production and Growth Rate
6.5 Japan Professional Services Production and Growth Rate
6.6 India Professional Services Production and Growth Rate

7 Global Professional Services Consumption by Regions (2016-2021)
7.1 Global Professional Services Consumption by Regions (2016-2021)
7.2 North America Professional Services Consumption and Growth Rate
7.3 Europe Professional Services Consumption and Growth Rate
7.4 China Professional Services Consumption and Growth Rate
7.5 Japan Professional Services Consumption and Growth Rate
7.6 Middle East & Africa Professional Services Consumption and Growth Rate
7.7 India Professional Services Consumption and Growth Rate
7.8 South America Professional Services Consumption and Growth Rate
7.9 South Korea Professional Services Consumption and Growth Rate
7.10 Southeast Asia Professional Services Consumption and Growth Rate

8 Competitive Landscape
8.1 Competitive Profile
8.2 Itransition Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Professional Services Product Profiles, Application and Specification
8.2.3 Itransition Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Avenga Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Professional Services Product Profiles, Application and Specification
8.3.3 Avenga Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 SADA Systems Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Professional Services Product Profiles, Application and Specification
8.4.3 SADA Systems Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 ScienceSoft Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Professional Services Product Profiles, Application and Specification
8.5.3 ScienceSoft Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 Skelia Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Professional Services Product Profiles, Application and Specification
8.6.3 Skelia Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Altar.io Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Professional Services Product Profiles, Application and Specification
8.7.3 Altar.io Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Synoptek, LLC Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Professional Services Product Profiles, Application and Specification
8.8.3 Synoptek, LLC Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 Caserta Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Professional Services Product Profiles, Application and Specification
8.9.3 Caserta Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Unity Group Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Professional Services Product Profiles, Application and Specification
8.10.3 Unity Group Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 IT Svit Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Professional Services Product Profiles, Application and Specification
8.11.3 IT Svit Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 QArea Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Professional Services Product Profiles, Application and Specification
8.12.3 QArea Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 Dataprise Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Professional Services Product Profiles, Application and Specification
8.13.3 Dataprise Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 TechMD Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Professional Services Product Profiles, Application and Specification
8.14.3 TechMD Sales, Revenue, Price, Gross Margin 2016-2021
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
8.15 Binary Republik Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Professional Services Product Profiles, Application and Specification
8.15.3 Binary Republik Sales, Revenue, Price, Gross Margin 2016-2021
8.15.4 Company Recent Development
8.15.5 Strategies for Company to Deal with the Impact of COVID-19
8.16 HatchWorks Technologies Market Performance Analysis
8.16.1 Company Profiles
8.16.2 Professional Services Product Profiles, Application and Specification
8.16.3 HatchWorks Technologies Sales, Revenue, Price, Gross Margin 2016-2021
8.16.4 Company Recent Development
8.16.5 Strategies for Company to Deal with the Impact of COVID-19
8.17 Panorama Consulting Group Market Performance Analysis
8.17.1 Company Profiles
8.17.2 Professional Services Product Profiles, Application and Specification
8.17.3 Panorama Consulting Group Sales, Revenue, Price, Gross Margin 2016-2021
8.17.4 Company Recent Development
8.17.5 Strategies for Company to Deal with the Impact of COVID-19
8.18 PSL Corp Market Performance Analysis
8.18.1 Company Profiles
8.18.2 Professional Services Product Profiles, Application and Specification
8.18.3 PSL Corp Sales, Revenue, Price, Gross Margin 2016-2021
8.18.4 Company Recent Development
8.18.5 Strategies for Company to Deal with the Impact of COVID-19
8.19 Intellectsoft Market Performance Analysis
8.19.1 Company Profiles
8.19.2 Professional Services Product Profiles, Application and Specification
8.19.3 Intellectsoft Sales, Revenue, Price, Gross Margin 2016-2021
8.19.4 Company Recent Development
8.19.5 Strategies for Company to Deal with the Impact of COVID-19
8.20 Intellias Market Performance Analysis
8.20.1 Company Profiles
8.20.2 Professional Services Product Profiles, Application and Specification
8.20.3 Intellias Sales, Revenue, Price, Gross Margin 2016-2021
8.20.4 Company Recent Development
8.20.5 Strategies for Company to Deal with the Impact of COVID-19
8.21 Mindtree Market Performance Analysis
8.21.1 Company Profiles
8.21.2 Professional Services Product Profiles, Application and Specification
8.21.3 Mindtree Sales, Revenue, Price, Gross Margin 2016-2021
8.21.4 Company Recent Development
8.21.5 Strategies for Company to Deal with the Impact of COVID-19
8.22 N-iX Market Performance Analysis
8.22.1 Company Profiles
8.22.2 Professional Services Product Profiles, Application and Specification
8.22.3 N-iX Sales, Revenue, Price, Gross Margin 2016-2021
8.22.4 Company Recent Development
8.22.5 Strategies for Company to Deal with the Impact of COVID-19
8.23 ELEKS Market Performance Analysis
8.23.1 Company Profiles
8.23.2 Professional Services Product Profiles, Application and Specification
8.23.3 ELEKS Sales, Revenue, Price, Gross Margin 2016-2021
8.23.4 Company Recent Development
8.23.5 Strategies for Company to Deal with the Impact of COVID-19
8.24 Maven Wave Partners Market Performance Analysis
8.24.1 Company Profiles
8.24.2 Professional Services Product Profiles, Application and Specification
8.24.3 Maven Wave Partners Sales, Revenue, Price, Gross Margin 2016-2021
8.24.4 Company Recent Development
8.24.5 Strategies for Company to Deal with the Impact of COVID-19
8.25 Bluewolf Market Performance Analysis
8.25.1 Company Profiles
8.25.2 Professional Services Product Profiles, Application and Specification
8.25.3 Bluewolf Sales, Revenue, Price, Gross Margin 2016-2021
8.25.4 Company Recent Development
8.25.5 Strategies for Company to Deal with the Impact of COVID-19

9 Global Professional Services Market Analysis and Forecast by Type and Application
9.1 Global Professional Services Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 IT Consulting Services Market Revenue and Volume Forecast (2021-2026)
9.1.2 IT Services Market Revenue and Volume Forecast (2021-2026)
9.2 Global Professional Services Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Тесhnоlоgу Соmраnіеѕ Market Revenue and Volume Forecast (2021-2026)
9.2.2 Соnѕultіng Соmраnіеѕ Market Revenue and Volume Forecast (2021-2026)
9.2.3 Маrkеtіng & Соmmunісаtіоn Соmраnіеѕ Market Revenue and Volume Forecast (2021-2026)
9.2.4 Оthеrѕ Market Revenue and Volume Forecast (2021-2026)

10 Professional Services Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Professional Services Market Trends Analysis

11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment

12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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