Worldwide Architectural Services Market Forecast - 2026Posted by vidhyanigam98 on March 6th, 2020 Bharat Book Bureau Provides the Trending Market Research Report on “Global Architectural Services Market Size study, By Service Type, By End-Users and Regional Forecasts 2019-2026”under Architecture & Design Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Architectural Services Market Size study, By Service Type (Architectural Advisory Services, Construction and Project Management Services, Engineering Services, Interior Design Services, Urban Planning Services and Others), By End-Users (Education, Government, Healthcare, Hospitality, Industrial, Residential, Retail and Others) and Regional Forecasts 2019-2026
Global Architectural Services Market is valued approximately at USD XX billion in 2018 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2026. Architectural service market comprises of companies handling planning, designing and supervising construction related to a wide range of industries. Clients of the architectural service market include businesses and governments, and sometimes private households.
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Major technological innovations in the market such as use of advanced planning and designing software have contributed towards the growth of the market. The growth of the market is primarily driven by rising demand for configuration administrations and expanding investments in constructions. For Instance: As per the National Bureau of Statistics in 2017, the value-added output of the construction sector in China reached to 8.63 billion compared with only about .02 billion in 1978.
Similarly, according to the Forecon Organization in 2018, the EUROCONSTRUCT reveals that European construction will grow around 2.7% and occurs in all main sectors including non-residential, residential and civil engineering. Such growth witnessed in construction sector is expected to increase the adoption & utility of architectural services as it offers wide variety of services including architectural programming, feasibility studies, and project management. However, highly fragmented market is expected to impede the growth of the market over the forecast period.
The regional analysis of global Architectural Services market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is expected to hold a notable share in the world in terms of revenue owing to the increasing number of mega construction projects and government investments to promote smart city projects. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period. Factors such as growing disposable incomes and growing need for innovation construction or architectural products would create lucrative growth aspects for the Asia-Pacific region during the forecast period of 2019-2026.
Major market player included in this report are:
Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By End-Users:
By Region:
Furthermore, years considered for the study are as follows:
Target Audience of the Global Architectural Services Market in Market Study:
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