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Market Size statistics on the Company Research Services industry in the US
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The Pharmaceutical Contract Manufacturing And Research Services Market report segments the industry into By Manufacturing Services (API/Bulk Drugs, Advanced Drug Delivery Formulations Packaging, Packaging, Finished Dose Formulations), By Research Services (Oncology, Vaccines, Inflammation And Immunology, Cardiology, and more), and Geography (North America, Europe, Asia-Pacific, and more).
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Professional, scientific and technical services have grown steadily, even amid inflationary spikes and interest rate uncertainty. The need for quality, proficient and well-versed services in field such as corporate law were significant drivers of sector demand, as businesses sought out expert services to address core issues such as tax guidance. While inflationary spikes, which peaked at 9.1% in 2022 per the BLS, curtailed demand within the construction sectors, this trend began to show reversal in recent years. A 0.85% rate cut in 2024, per data from the Federal Reserve, provided critical respite to the construction space, as architects, engineers, lawyers and interior designers enjoyed rebounding interest among residential and nonresidential clients alike. Revenue grew at a CAGR of 2.7% to an estimated $3.2 trillion over the past five years, including an estimated 0.5% slip in 2025 alone. Profit remains stable for the sector, although challenges in navigating new tariffs curtailed growth. The gain in cloud computing and data analytics has greatly impacted the sector, prompting downstream businesses to hire consultants to upgrade outdated systems. Downstream markets’ attraction to these services has driven growth for IT consultants and management consultants. IT systems have become more prevalent as more consumers and businesses continue to embrace digitization and hybrid work conditions, with 28.2% of office workers operating in a hybrid work environment, per 2023 data from Forbes. Digital media has continued to shake up industries offering advertising-related services, as more emphasis is being placed on digital advertising to reach a wider range of downstream customers. The sector has also evolved as the Environmental, Social and Governance (ESG) changes have become increasingly important in guiding broader investment standards, facilitating higher specialization across business-facing industries such as lawyers and accountants. Higher government spending via major legislation such as the Bipartisan Infrastructure Law and the Inflation Reduction Act will provide consistent demand for a range of construction-oriented professionals over the next decade in the fields of new infrastructure projects and scientific R&D initiatives in areas like renewable energy. Ongoing evolution in technological adoption, globalization and environmental needs will drive growth for professional niches specializing in digital implementation, advertising and auditing. Servicers, such as advertisers, architects and engineers will begin adopting new innovations such as artificial intelligence (AI) and Blockchain to improve efficiencies. Over the next five years, revenue is expected to grow at a CAGR of 1.9% to an estimated $3.5 trillion in 2030.
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The global market size for Market Research Service is expected to reach XXX million by 2033, with a CAGR of XX% from 2023 to 2033. Key drivers of this growth include the increasing need for data-driven decision-making, the rise of big data and analytics, and the growing adoption of market research services by companies of all sizes. Additionally, technological advancements such as artificial intelligence (AI) and machine learning (ML) are also expected to contribute to the growth of this market. The market is segmented by application (large enterprises, SMEs) and type (online service, offline service). North America and Europe are expected to remain the largest markets, while Asia-Pacific is expected to experience the fastest growth over the forecast period. Major players in the market include SmartSites, CIENCE, Mintel, ReportLinker, SurveyMonkey, Euromonitor International, WPP, Ravenry, Leading Solution, buzzback, Competiscan, 451 Research, Brandwatch, Ziff Davis Performance Marketing, Healthcare Business Insights, Kai Analytics and Survey Research, Informa, PSFK, and Streetbees. These companies offer a range of market research services, including primary research, secondary research, and data analytics. Market research service providers are increasingly investing in technology and innovation to meet the evolving needs of their clients. This includes the use of AI and ML to automate tasks and improve the accuracy and speed of data collection and analysis. As the demand for data-driven insights continues to grow, market research service providers are well-positioned for continued success in the years to come.
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Demand for contract pharmaceutical research services (CPRS) has strengthened through the current period, driven by growing demand from new drug manufacturing. Rising consolidation and vertical integration have enabled researchers to become a one-stop shop for all client needs. Thermo Fisher's acquisition of PPD for $17.4 billion early in the period demonstrates consolidation as a strategy to remain competitive in life sciences services. Contract pharmaceutical research organizations (CPROs) increasingly backed by private equity validate the strength of the market, with revenue for CPROs expected to climb at a CAGR of 1.9% to $16.5 billion through 2025, including a 2.9% jump in 2025. CPROs have rapidly adopted and leveraged new technologies to improve the efficiency of drug development activities, including clinical trial design, patient recruitment, data management and analysis. The pandemic accelerated technology adoption, making virtual and decentralized clinical trials more prevalent and creating new contract opportunities, leading to historic growth. CPROs have also leveraged digital technologies to facilitate remote patient monitoring and data collection, reducing the need for in-person visits and has opened up opportunities for more patient-centric clinical trials. The benefit of economies of scale and specialization offered by CPROs will attract business from large pharmaceutical clients. Since CPRS firms are fee-for-service businesses, economies of scale and specialization are the main paths for increased profit. So, while the CPROs do not benefit from royalties from drug development or monetization of data, they benefit as pharmaceutical manufacturers will devote an increasing share of capital to researching "orphan drugs" and rare oncology medications. Meanwhile, while regulatory changes can impact sponsors' pricing, vertical integration and international expansion are significant pathways for revenue growth. Pharmaceutical tariffs could negatively impact R&D in the US by inflating costs for importing crucial raw materials and innovative technologies. This can strain budgets and slow down research initiatives that hurt CPRO businesses. Despite the potential changes and uncertainty in pharmaceutical industry demand, revenue is expected to climb at a forecast CAGR of 2.5% to $18.7 billion through the outlook period, with profit declining slightly as wage expense climbs.
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The global technology research services market size is anticipated to witness significant growth, with an estimated value of $15 billion in 2023, projected to reach approximately $30 billion by 2032, registering a robust CAGR of 8%. This growth is largely driven by the increasing demand for data-driven business decisions, the advent of new technologies, and the continuous innovation in various industry sectors. The key factor propelling this market is the need for companies to stay competitive by leveraging insights from technology research services which offer a strategic edge in understanding market dynamics, consumer preferences, and technological advancements.
One of the primary growth factors for the technology research services market is the rapid digitization and technological advancements across various industries. As businesses strive to integrate new technologies such as artificial intelligence, blockchain, and Internet of Things (IoT) into their operations, the demand for comprehensive market research and competitive analysis has surged. Companies are increasingly relying on these services to gain insights into emerging trends, consumer behavior, and competitor strategies, which are crucial for making informed strategic decisions. Furthermore, the growing adoption of big data analytics and cloud computing is enhancing the capabilities of technology research services, providing deeper, more actionable insights.
Another influential growth driver is the increasing complexity and interconnectivity of global markets. As businesses expand their operations internationally, the need for localized market intelligence has become paramount. Technology research services play a pivotal role in helping organizations navigate diverse regulatory environments, cultural nuances, and market conditions. The ability to provide tailored insights and strategies is crucial for companies aiming to establish a strong presence in new markets. Additionally, the rise of e-commerce and digital marketing has emphasized the importance of understanding online consumer behavior, further fueling the demand for technology research services.
The shift towards data-driven decision-making is also a significant growth enabler. Organizations are increasingly recognizing the value of data as a strategic asset. The ability to analyze and interpret large volumes of data to extract meaningful insights is a competitive differentiator in today's business landscape. Technology research services providers are leveraging advanced data analytics tools and methodologies to offer precise and timely insights, aiding businesses in optimizing operations, enhancing customer experiences, and driving innovation. This growing emphasis on data-driven strategies is expected to continue propelling the market forward.
From a regional perspective, North America holds a significant share in the technology research services market, driven by the presence of major technology companies and a robust technological infrastructure. The Asia Pacific region, however, is anticipated to witness the highest CAGR during the forecast period, fueled by the rapid digital transformation and increasing investments in technology development across countries like China and India. Europe follows closely, with a strong focus on innovation and research and development activities. Each region presents unique opportunities and challenges, influencing the adoption and growth of technology research services globally.
The technology research services market can be segmented based on service type into market research, competitive analysis, product development research, consumer insights, and others. Market research is a critical component of technology research services, providing businesses with comprehensive information about market trends, size, and growth potential. This service type is essential for companies looking to enter new markets or expand their current footprint, as it offers insights into consumer preferences, regulatory landscape, and competitive dynamics. The increasing complexity of global markets and the need for localized intelligence make market research a highly demanded service.
Competitive analysis is another vital service type within the technology research services market. As industries become increasingly competitive, organizations are seeking detailed intelligence on competitors' strategies, strengths, and weaknesses. Competitive analysis enables businesses to benchmark their performance against industry leaders, identify potential threats, and
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Market Research Intellect presents the Sensory Analysis And Consumer Research Services Market Report-estimated at USD 2.5 billion in 2024 and predicted to grow to USD 4.1 billion by 2033, with a CAGR of 7.1% over the forecast period. Gain clarity on regional performance, future innovations, and major players worldwide.
The statistic displays the distribution of market research services turnover in the Netherlands in 2018, by category/domain. The survey results indicate that brand research was expected to account for roughly ********* of the total turnover of market research services in 2018, while communication and concept testing were expected to account for just over ** percent of the total revenue distribution in the sector.
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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).
According to our latest research, the global Robotics UI/UX Research Services market size reached USD 1.22 billion in 2024, demonstrating robust momentum with a compound annual growth rate (CAGR) of 18.6% from 2025 to 2033. This dynamic sector is expected to attain a market value of USD 6.53 billion by 2033, driven by the escalating integration of robotics across industries and the critical need for intuitive human-robot interfaces. The surge in demand for seamless user experiences, combined with advancements in artificial intelligence and automation, is propelling this market forward at an unprecedented pace.
The primary growth driver for the Robotics UI/UX Research Services market is the rapidly expanding adoption of robotics in both industrial and consumer environments. As robots become increasingly prevalent in manufacturing, healthcare, logistics, and even domestic settings, the importance of user-centric design has never been more pronounced. Companies are investing heavily in UI/UX research to ensure that robotic systems are not only functional but also accessible and intuitive, thereby reducing the learning curve for end-users. The proliferation of collaborative robots (cobots) in factories and warehouses further underscores the need for sophisticated UI/UX research services, as these machines must interact seamlessly with human workers to maximize productivity and safety. The evolution of robotics from rigid, pre-programmed machines to adaptable, interactive systems necessitates a deep understanding of user behaviors, expectations, and pain points, fueling demand for specialized research services.
Another significant factor contributing to market expansion is the rapid technological advancements in artificial intelligence, machine learning, and sensor technologies. These innovations are enabling more complex and capable robots, which in turn require more sophisticated user interfaces and experiences. The integration of natural language processing, gesture recognition, and adaptive learning algorithms into robotic systems is creating new challenges and opportunities for UI/UX research. As robots become more autonomous and capable of performing a broader range of tasks, the complexity of their interfaces increases, demanding a higher level of research and design expertise. This trend is particularly evident in sectors such as healthcare, where surgical robots and assistive devices must be both highly precise and user-friendly to ensure patient safety and practitioner efficiency. The convergence of AI and robotics is thus a key catalyst for the growth of the Robotics UI/UX Research Services market.
Furthermore, the increasing focus on personalization and accessibility is shaping the trajectory of the Robotics UI/UX Research Services market. Organizations are recognizing that a one-size-fits-all approach to robot interfaces is no longer sufficient in a diverse and globalized marketplace. Customizing user experiences to accommodate different languages, cultural norms, physical abilities, and cognitive preferences is becoming a strategic imperative. This has led to a surge in demand for research services that specialize in inclusive design, usability testing, and user journey mapping. The growing emphasis on regulatory compliance and ethical considerations in robotics, especially in sensitive sectors like healthcare and consumer electronics, further amplifies the need for rigorous UI/UX research. As a result, service providers are expanding their offerings to include comprehensive research methodologies, from ethnographic studies to advanced prototyping, to help clients deliver safe, effective, and delightful robotic experiences.
Regionally, North America currently dominates the Robotics UI/UX Research Services market, accounting for the largest share in 2024, followed closely by Asia Pacific and Europe. The United States, in particular, benefits from a robust ecosystem of robotics manufacturers, technology startups, and research institutions, fostering innovation and early adoption of advanced UI/UX practices. Meanwhile, the Asia Pacific region is experiencing the fastest growth, driven by burgeoning manufacturing sectors in China, Japan, and South Korea, as well as increasing investments in automation and smart factories. Europe remains a key player, especially in automotive and healthcare robotics, with strong emphasis on safety and regulatory standards. The Middle East & Africa and Latin America are emerging marke
A survey of representatives of the engineering, accounting, research, management, and related services industry in the United States found that in 2023 the sector spent around **** million U.S. dollars on advertising. The industry's ad expenses stood at **** million dollars a year earlier.
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The global health economics and outcomes research services market is expected to grow at a CAGR of ~13% during the forecast period. Increase in R&D spending by the pharmaceutical and biotech companies, growing demand for real-world evidence, rising focus on value-based care models, and increasing awareness of the importance of health economics and outcomes research […]
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The US Home Service Market report segments the industry into Maintenance & Repairs (Plumbing Services, Electrical Repairs, Appliance Repairs, Other Home Services), Home Improvement (Renovations & Remodeling, Carpentry & Woodworking, Painting & Wall Treatments, Other Home Improvement), and Distribution Channel (Traditional Service Providers, Online Platforms). Get five years of historical data with five-year forecasts.
In 2023, the methodology that contributed most to the revenue of market research companies was online/mobile quantitative research with ** percent of the market share. Second in the list was automated digital/electronic, with *** percent.
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The Scientific Research Services industry has grown modestly, supported by a steady boost in business-led research activity and sustained government incentives. Industry revenue is expected to climb at an annualised 2.1% through the end of 2025-26, reaching $2.4 billion, including a modest increase of 1.2% in 2025-26. The introduction of the Research and Development Tax Incentive (RDTI) in 2019 has significantly contributed to this trend, driving private-sector demand and encouraging companies to outsource R&D functions to specialist providers. Crown Research Institutes (CRIs) have increasingly shifted towards commercially funded contracts, with some now deriving most of their revenue from business clients. This has diversified the industry’s client base and fuelled new investment in applied research capabilities. Government policies continue to play a key role in shaping industry activity. The Central Government (Te Kawanatanga o Aotearoa) has maintained a strong policy focus on raising R&D expenditure to 2.0% of GDP by 2028, alongside decarbonisation targets, accelerating demand for climate-related, environmental and sustainability research. Recent structural changes, including the consolidation of CRIs into new Public Research Organisations (PROs), aim to improve scientific research's coordination, funding and national impact. These reforms are set to strengthen long-term research capabilities and better align research delivery with national priorities. The shift towards digitally enabled research has also improved the operational flexibility of providers, with AI-powered modelling and cloud platforms reducing reliance on physical infrastructure and allowing smaller research providers to scale. Industry revenue is forecast to rise at a slower annualised rate of 1.8% through the end of 2030-31, reaching $2.7 billion. Increased commercialisation opportunities in agritech, biomedical science and sustainable development will support niche expansion. Rising demand for specialised services will continue to attract new entrants, particularly smaller firms and Maori-led research organisations. Even so, intensifying competition for skilled researchers and wage pressures may constrain profit margins. Still, industry profitability is expected to remain moderate, with profit as a share of revenue forecast to remain steady over the outlook period as efficiency gains offset heightened labour and compliance costs.
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Global Sensory Analysis and Consumer Research Services Market Report 2023 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2023-2029. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the market.
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The United States home services market was valued at USD 90.63 Billion in 2024. The market is expected to grow at a CAGR of 7.20% during the forecast period of 2025-2034 to reach a value of USD 181.64 Billion by 2034. Expanding smart home adoption accelerates demand for integrated service solutions across plumbing, repair, and maintenance, as homeowners increasingly prioritize digital convenience alongside energy-efficient and automated living environments.
The market is also being led by the rapid rise of digital platforms that simplify access to household solutions. A significant driving factor is the growing adoption of on-demand apps for cleaning, repair, and maintenance. According to the United States home services market analysis, housing accounted for the largest share of total expenditures (32.9%) in 2023, underlining a strong and consistent demand base. This trend is reinforced by the considerable year-over-year increase in home cleaning and handyman bookings through platforms like Thumbtack and Angi in 2024.
In addition, government-backed incentives for energy-efficient housing have expanded the scope of services, especially in plumbing, HVAC, and insulation. The United States Department of Energy reports that federal rebates under the Inflation Reduction Act catalyzed USD 8.8 billion in home improvement projects in July 2024. Further, local municipalities are allocating grants to promote eco-friendly retrofitting and water-conservation systems, indirectly boosting demand in the United States home services market.
The market’s scale is also amplified by demographic and lifestyle shifts. Millennials and Gen Z prefer subscription-based models for routine tasks, from lawn mowing to pest control. This generational shift toward convenience, supported by technological innovation and regulatory support, is positioning the home services sector as a resilient and expanding vertical in the United States economy.
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IT Services Market was valued at USD 1,156.0 billion in 2022 and is forecast to touch USD 2,108.2 billion in 2030, and the market is expected to grow at a CAGR of 7.8% from 2023-2030
According to our latest research, the global Professional Services market size reached USD 6.5 trillion in 2024, demonstrating robust expansion across diverse sectors. The market is projected to grow at a CAGR of 8.2% from 2025 to 2033, culminating in a forecasted value of USD 12.2 trillion by 2033. This impressive growth trajectory is underpinned by factors such as digital transformation, globalization of businesses, and increasing regulatory complexities that necessitate specialized expertise across industries. As per our most recent analysis, the professional services sector continues to be a critical enabler of organizational efficiency and innovation worldwide.
A primary growth driver for the professional services market is the accelerating pace of digital transformation across all industry verticals. With organizations striving to modernize their operations, there is a surging demand for consulting, IT services, and engineering solutions that facilitate the adoption of advanced technologies such as artificial intelligence, cloud computing, and cybersecurity frameworks. This digital pivot is compelling companies to seek external expertise to navigate complex technology landscapes, optimize workflows, and ensure seamless integration of new systems. Furthermore, the proliferation of remote and hybrid work models has further heightened the need for professional advisory services, particularly in the realms of IT infrastructure, data privacy, and compliance.
Another significant growth factor is the increasing regulatory and compliance requirements that organizations face on a global scale. With governments and industry bodies continually updating legal, financial, and environmental standards, enterprises are compelled to engage legal, accounting, and auditing professionals to ensure adherence and mitigate risk. These evolving compliance landscapes, especially in sectors such as BFSI, healthcare, and manufacturing, are driving sustained demand for specialized professional services. Additionally, cross-border business operations and mergers and acquisitions are creating further complexities, thereby necessitating the involvement of professional advisors with deep domain knowledge and international expertise.
The globalization of markets and the expansion of multinational corporations have also played a pivotal role in fueling the growth of the professional services market. As businesses enter new geographies and diversify their portfolios, they require a broad spectrum of support services ranging from architectural and engineering design to legal counsel and management consulting. This trend is particularly pronounced in emerging economies, where rapid urbanization and infrastructure development are catalyzing demand for architectural, engineering, and consulting services. The ongoing focus on sustainability and ESG (Environmental, Social, and Governance) criteria is another factor propelling the need for specialized advisory services, as organizations strive to align their operations with global best practices and stakeholder expectations.
From a regional perspective, North America continues to dominate the professional services market, accounting for the largest share in 2024, followed closely by Europe and the Asia Pacific. The United States, in particular, remains a key hub for consulting, legal, and IT services, given its mature corporate landscape and high rate of technology adoption. However, the Asia Pacific region is emerging as the fastest-growing market, driven by rapid economic development, increasing foreign direct investment, and the proliferation of start-ups and small businesses seeking professional expertise. Meanwhile, Latin America and the Middle East & Africa are witnessing steady growth, propelled by infrastructure investments and regulatory reforms that are expanding the addressable market for professional service providers.
The rise of Workday Professional Services Automation Consulting Service is transforming the way organizations manage their professional services operations. This service is designed to streamline project management, resource allocation, and financial oversight, enabling businesses to enhance efficiency and profitability. By integrating with existing systems, Workday&
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By 2035, the Health Economics Outcomes Research (HEOR) Services Market is estimated to expand to USD 6.26 Billion, showcasing a robust CAGR of 13.2% between 2025 and 2035, starting from a valuation of USD 1.6 Billion in 2024.
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Market Size statistics on the Company Research Services industry in the US