The Business Services Market report segments the industry into Component (Consulting, Managed Services, Support and Maintenance), Enterprises (SMEs, Large Enterprises), End-User (BFSI, IT and Telecom, Healthcare, Retail and E-commerce, Manufacturing, Other End-users), and Geography (North America, Europe, Asia, Australia and New Zealand, Latin America, Middle East and Africa).

Graph and download economic data for Gross Output by Industry: Professional and Business Services (Chain-Type Quantity Index) (GOQIPBS) from Q1 2005 to Q2 2025 about quantity index, output, professional, chained, gross, private industries, business, services, private, industry, and USA.

Global Business Services Market size was $36.56 billion in 2024 and is projected to reach $239.72 billion by 2034, a CAGR of 26.50% between 2025 and 2034.

The global information technology (IT) IT services and business services market is worth more than *** trillion U.S. dollars annually. With *** billion U.S. dollars of revenue for 2021, the majority of revenue is generated in the Americas region. Overall, the market is forecast to experience growing revenues over the next four years after declining revenues in 2020 due to the coronavirus pandemic.

The size of the Family Business Services market was valued at USD 589000 million in 2023 and is projected to reach USD 1705242.53 million by 2032, with an expected CAGR of 16.4% during the forecast period.

Business service centers have experienced notable fluctuations in recent years, which have been influenced by shifts in e-commerce activity. E-commerce sales play a crucial role in driving demand for services like packaging, labeling and shipping, which comprise a significant part of the business service centers' portfolio. As consumer shopping preferences increasingly lean toward online platforms, these centers have adapted, expanding their offerings to complement the rising e-commerce demands. While the pandemic negatively impacted many industries, business service centers found resilience through this accelerated shift toward online shopping, causing revenue to expand in 2020. As the pandemic ended, growth in e-commerce sales slowed down as more consumers returned to physical shopping experiences, causing a slackening of demand for services tied directly to online sales. Despite this deceleration, steady technological advancements and the persistent appeal of online shopping have sustained a level of positive growth for the industry from 2021 onwards, raising providers’ profit. Revenue growth slowed in 2023 and 2024 as recessionary fears have caused companies to pull back on investing in business service centers’ products. This trend is expected to reverse as the Federal Reserve reduces interest rates, tempering recession concerns. Overall, revenue for business service centers has crept upward at a CAGR of 1.2% over the past five years, reaching $15.4 billion in 2025, including a 2.0% jump in revenue in that year. Looking ahead, the industry is poised for a dynamic shift influenced by emerging technologies and economic growth. As inflation moderates and interest rates decline, solid economic conditions will enhance demand for business service centers, bolstering revenue growth. The adaptation to digital solutions will continue, with larger providers leveraging technologies like artificial intelligence (AI) to innovate their packaging and labeling services, which will become a more significant product segment as the need for print services declines. Outsourcing will expand as emerging markets offer cost-efficient service opportunities, enabling larger centers to further reduce operational costs. Nevertheless, smaller providers will need to specialize in niche services and optimize cost efficiencies to remain competitive. Overall, revenue for business service centers is forecast to swell at a CAGR of 2.9% over the next five years, reaching $17.7 billion in 2030.

Graph and download economic data for Unemployment Level - Professional and Business Services Industry, Private Wage and Salary Workers (LNU03032239) from Jan 2000 to Sep 2025 about professional, salaries, workers, private industries, 16 years +, wages, business, household survey, services, private, unemployment, industry, and USA.

Employment in the business services franchise industry in the United States increased steadily between 2013 and 2019, when it reached approximately *******. In 2020, however, the sector suffered significantly due to the COVID-19 pandemic and employment declined to *******. In 2024, the industry had fully recovered, with approximately 10,000 more employees than the previous year. Business services: Includes printing, business transportation, warehousing and storage, data-processing services, insurance agencies and brokerages, office administrative services, employment services, investigation and security services, tax-preparation and payroll services, and heavy equipment leasing.

The Business as a Service Market is estimated to be valued at USD 293.4 billion in 2025 and is projected to reach USD 1862.6 billion by 2035, registering a compound annual growth rate (CAGR) of 20.3% over the forecast period.

The Business Support Services industry in Mexico comprises companies providing wide range of services that support everyday functions of businesses. These services include telemarketing, phone research, debt collection, document preparation and credit analysis. Industry operators cater to clients in the telecommunications, financial, retail and healthcare sectors, as well as various clients from other sectors. The industry has experienced positive trends over the five years to 2019, with revenue anticipated to increase an annualized 1.1% to MXN $37.8 billion. This growth has largely been attributed to the increasing strength of the Mexican economy. For example, the GDP of Mexico is expected to grow at an annualized rate of 2.5% over the five years to 2019. Meanwhile, consumer spending is anticipated to expand an annualized 2.4% during the same period. Industry revenue is largely based on the strength of the economy because, as the economy improves, businesses have more money to invest in industry services. However, while revenue has grown over the past five years, the has been some volatility brought on by fluctuations in private investment. Despite this, industry revenue is expected to increase 2.5% in 2019 alone.

Find detailed analysis in Market Research Intellect's Cross-border Business Services Market Report, estimated at USD 150 billion in 2024 and forecasted to climb to USD 240 billion by 2033, reflecting a CAGR of 6.5%.Stay informed about adoption trends, evolving technologies, and key market participants.

Explore the dynamic Digital Business Services market analysis, covering growth drivers, key trends like AI and cloud, market size of $950M in 2025 with an 18% CAGR, and regional insights for large enterprises and SMEs.

Business services, the most rapidly growing sector within commercial services, includes accountants, computer services and other kinds of consultants — all those activities that serve other businesses. This map shows the difference between the actual employment in business services and the expected level, based on the city's population and income. Like financial services, business services are strongly oriented to big cities and to high-income locations, and within cities they concentrate in downtown office buildings and financial districts.

Graph and download economic data for Value Added by Industry: Professional and Business Services: Management of Companies and Enterprises as a Percentage of GDP (VAPGDPMCE) from Q1 2005 to Q2 2025 about management, enterprises, value added, professional, companies, private industries, percent, business, services, private, industry, GDP, and USA.

United States - Value Added by Industry: Professional and Business Services: Management of Companies and Enterprises as a Percentage of GDP was 1.90% in April of 2025, according to the United States Federal Reserve. Historically, United States - Value Added by Industry: Professional and Business Services: Management of Companies and Enterprises as a Percentage of GDP reached a record high of 2.00 in April of 2020 and a record low of 1.60 in April of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Value Added by Industry: Professional and Business Services: Management of Companies and Enterprises as a Percentage of GDP - last updated from the United States Federal Reserve on November of 2025.

United States - Value Added by Industry: Professional and Business Services: Management of Companies and Enterprises was 570.80000 Bil. of $ in April of 2025, according to the United States Federal Reserve. Historically, United States - Value Added by Industry: Professional and Business Services: Management of Companies and Enterprises reached a record high of 570.80000 in April of 2025 and a record low of 209.00000 in January of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Value Added by Industry: Professional and Business Services: Management of Companies and Enterprises - last updated from the United States Federal Reserve on November of 2025.

United States - Value Added by Industry: Professional and Business Services as a Percentage of GDP was 13.10% in April of 2025, according to the United States Federal Reserve. Historically, United States - Value Added by Industry: Professional and Business Services as a Percentage of GDP reached a record high of 13.30 in January of 2025 and a record low of 11.10 in April of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Value Added by Industry: Professional and Business Services as a Percentage of GDP - last updated from the United States Federal Reserve on December of 2025.

In the third quarter of 2022, almost ** global business services (GBS) were setup and expanded in the onshore market worldwide. During the same period, the number of GBS setups in the offshore and nearshore market stood at **.

At CompanyData.com (BoldData), we specialize in delivering verified B2B intelligence sourced directly from official trade registers. Our global dataset of 380 million business services companies offers rich firmographic insights that help organizations target, understand, and engage the companies that matter most. From consulting firms and legal services to HR providers and agencies, our data covers the full spectrum of the global business services sector.

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