Services Market Size | Grow at 8% CAGR | trillion by 2022

Posted by vamshi krishna on April 9th, 2019

The services market consists of the sales of services and related goods earned by entities (organizations, sole traders and partnerships) that provide services. A service can be defined as a transaction between a buyer and a seller without the transfer of any physical goods or commodities. It mainly involves the use of resources, experience, skill, ingenuity, and intelligence.

The services market size is expected to reach trillion by 2022, significantly growing at a CAGR of around 8% during the forecast period. Major players in the global services market include CBRE Group, Southern Baptist Churches, Jones Lang LaSalle Inc., World Food Programme, UNICEF, New World Development Company Limited, and Service Corporation International.

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Factors Driving the Growth of Global Services Market:

The growth in the services market is due increased disposable income in many developed and developing countries is driving the demand for personal, commercial and real estate services. However, the market for services is expected to face certain restraints from several factors such as skills shortages, rising costs and decreasing margins.

Detailed Segmentation - By Type:

The services market is segmented into Civic Services; Real Estate; Leasing; Commercial Services; Personal Services and Repair and Maintenance.

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Table Of Content

1. Executive Summary

2. Report Structure

3. Services Market Characteristics

4. Services Market Product Analysis

5. Services Market Supply Chain

6. Services Market Customer Information

7. Services Market Trends And Strategies

8. Services Market Size And Growth

9. Services Market Regional Analysis

10. Services Market Segmentation

11. Services Market Segments

12. Services Market Metrics

13. Asia-Pacific Services Market

14. Western Europe Services Market

15. Eastern Europe Services Market

16. North America Services Market

17. South America Services Market

18. Middle East Services Market

19. Africa Services Market

20. Services Market Competitive Landscape

21. Key Mergers And Acquisitions In The Services Market

22. Recommendations

23. Appendix

24. Copyright And Disclaimer

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