In 2023, the leading market research company in terms of global research revenue was Gartner, generating approximately *** billion U.S. dollars. In the same year, American company IQVIA accrued roughly *** billion U.S. dollars. Market research companies - global players Market research is an important business strategy involving the gathering of information about an organization’s target market. In terms of global research revenue, American company Gartner was the leading market research company worldwide. Headquartered in the United States, the number of employees working for the company totaled ****** people in 2023. The sixth largest market research company in terms of global research revenue was Kantar. Kantar Group is a UK-based international network of ** companies, including Millward Brown and IMRB International. In 2022, the research revenue of Kantar amounted to approximately ***** billion U.S. dollars. Another European leader, and ranked seventh in the global ranking, was Ipsos. The company had a research revenue of over *** billion U.S. dollars. The largest share of market research revenue made by Ipsos was generated in Europe, the Middle East and Africa in 2023. United States dominant in a global market The global revenue of the market research industry reached over ** billion U.S. dollars in 2023, over half of which came from the United States. The number of full-time employees working for the top ten market research companies in the United States totaled almost ****** in 2020.

In 2021, Gartner was the leading company in the market research and data analytics sector in the United States. Roughly ** million U.S. dollars separated the top two companies, as Nielsen generated a revenue of approximately *** billion U.S. dollars compared to the **** billion U.S. dollars generated by Gartner.

The global research revenue of the leading 50 market research firms in the United States combined increased significantly over the last two decades, reaching a value of nearly ** billion U.S. dollars in 2020.

Market Research companies have benefited from research and development (R&D) expenditure growth as companies develop new products to satisfy consumer demand. Downstream companies continue to rely on market research to create new products and campaigns that fit ever-changing consumer preferences. As companies strive to enhance consumer-centric strategies amid increased consumer spending, demand for tailored market research solutions has surged. High corporate profit levels have enabled businesses to invest in research and development. The digital shift has further transformed the landscape, with companies pioneering new research tools to tap into the vast potential of big data to enhance accessibility and participation. These trends have led to revenue growing at a CAGR of 3.9% to $36.6 billion over the next five years, including a 2.4% gain in 2025 alone. Consumers' and advertisers' growing reliance on the internet has led to new metrics market researchers can use to better understand consumers. These have allowed new companies to enter the industry and driven providers to adjust services and implement new technologies. The rising use of social media has also contributed to the growing demand for market research. These technological advancements improved data collection and analysis methods, offering actionable insights that helped companies refine marketing strategies and develop better products. New opportunities continue to drive revenue growth, but expansions to services and onboarding of new technology have cut into industry profit. Companies will strengthen their R&D budgets as economic conditions improve, further driving demand for advanced market research tools. The proliferation of online commerce and smart technologies will give researchers unprecedented access to consumer data. Technological developments, such as artificial intelligence (AI), are poised to create new metrics based on human reactions, which companies can leverage to better understand consumer behavior and preferences. These new technologies will develop new market research opportunities. Access to these metrics, however, will lead to tightening data privacy regulations. There's a growing emphasis on ethical practices, transparency and data security. This will shape consumer trust and industry standards, creating new opportunities and challenges in a rapidly evolving marketplace. Revenue is poised to grow at a CAGR of 2.2% to $40.9 billion through the end of 2030.

Market research company Nielsen, founded in 1923 and currently the leading company in the United States in terms of revenue, employed ****** full-time employees in the U.S. in 2020, making it also the largest employer. IQVIA, founded in 2016, was the second largest employer in the sector, counting approximately ***** full-time employees in 2020.

Key strategies adopted by top tier companies involved in the global cold chain market and their market shares, growth strategies and financial details.

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Explore the top companies in the bicycle industry, from industry giants like Giant and Trek to innovative players like Specialized and Cannondale. Discover how these brands are shaping the future of cycling with their technology, design, and sustainability efforts.

IBISWorld, Australia’s largest industry research company, has named the Top 500 private companies for 2020-21, including a breakdown of the five best- and worst-performing players.

Discover the top 10 biggest trucking companies in the logistics and supply chain industry based on revenue, fleet size, and market influence. From UPS to FedEx to J.B. Hunt, learn about the leaders shaping the trucking sector.

Discover the top tomato juice companies in the market, from Campbell's to V8, known for their rich flavors and high-quality ingredients.

Identification of the top 10 companies in the market for food safety products and technology, and the rationale behind these selections.

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Get the description of blockchain technology applications in digital identification, trade finance, cross border payments and digital wallets

The Big Data Market is projected to grow at a CAGR of around 14.7% during 2023-28, says MarkNtel Advisors. (Top Companies - Accenture PLC, Cloudera Inc., Teradata Corporation, Microsoft Corporation, Splunk Inc., Amazon Web Services, and Cisco Systems Inc)

According to Cognitive Market Research, the Global Professional Services market size was USD 6,103.24 billion in 2022 and is projected to boost at a compound annual growth rate (CAGR) of 5.17% from 2023 to 2030. How are the Major Factors Impacting the Professional Services Market Growth?

Rising Focus On Digitizing Business Processes to Provide Viable Market Output

The professional services market is anticipated to be driven by an increasing focus on digitizing business processes. The term 'digital transformation' represents the expanding trend of businesses executing digital technologies to improve general business operations and customer experience. It's the action that officially shows in the digital era in business, and it has the possibility to impact markets in different industries significantly.

For instance, as per Zippia, a US-based developer of online recruitment and job insights media, the global price of digital transformation was $1.5 trillion in 2021 and by 2023, it is expected that global spending on digital modification will total $6.8 trillion. Hence, the rising digitization of business operations will enhance the professional services market.

(Source:www.zippia.com/advice/digital-transformation-statistics/)

The expansion of automation to eliminate ordinary tasks and radical changes in consumer demand, such as customized pricing and improved customer experience, are pushing companies to implement IT services globally and the increasing demand for operational efficiency in the professional service enterprise.

Technological Advancements to Fuel Market Growth

The professional services market has revolutionized because of increased competition, and digitalization is pushing companies to entertain with professional service providers. IT professional service providers deliver a streamlined and standardized process to the organization's administrative processes, helping in the digital transformation of the institution's operations.

For instance, Amazon Web Services, Inc., in February 2022, declared AWS local zones and infrastructure deployment global development in 16 U.S. cities with approximately 30 new local zones. These infrastructure deployments will help AWS extend its computing, database, storage, and other services to a large population from numerous industries. These developments would also drive the industry's growth.

Professional service companies can deliver various services, including audit and accounting, consultation, implementation support, and financial risk protection. They deliver analytic capabilities as well as a foundation for operating business information.

Increasing Cyber Threats Propels the Professional Services Market Growth

Increasing demand for business support services (Access Detailed Analysis in the Full Report Version)

The Factors Hindering the Growth of the Professional Services Market

Lack of Knowledge and Expertise to Hinder Market Growth

Lack of knowledge and expertise to affect the utilization of professional services among companies Due to the complicated nature and the high demand for research, operating with the cloud is often a highly tedious task. It needs immense knowledge and comprehensive expertise on the topic.

According to the PwC CEO Survey 2020, 77% of CEOs were concerned regarding the availability of a skilled workforce. The survey also discovered that those firms that focused on developing their employees' skills were ahead of their peers in multiple ways and were more secure in their future.

(Source:www.pwc.com/gx/en/ceo-survey/2020/trends/pwc-talent-trends-2020.pdf)

Therefore, upskilling is required so that these professionals can easily handle cloud-based applications with fewer problems and ensure improved performance and reliability.

Impact of COVID-19 on the Professional Services Market

The COVID-19 pandemic tried the professional services industry by pushing them to execute remote work at a large scale and adjust their business processes to rapidly changing market conditions. COVID-19 accelerated numerous technological changes across industries, companies countered the pandemic with the use of technology by concentrating on resource management and talent acquisition. The rising focus of businesses on security, cost efficiency, and compliance created a demand for professional services. What is...

The pest control industry has navigated a volatile and complex landscape while balancing growth opportunities with emerging challenges. In 2025, the industry boasts $26.1 billion in revenue, growing by 2.7% from 2024. This follows a five-year CAGR of 3.1%, showcasing companies' resilient expansion despite fluctuating market dynamics. Leading providers like Rentokil and Rollins have strategically driven growth through acquisitions, such as Rentokil’s $6.7 billion purchase of Terminix in 2022. These transactions highlight the industry’s consolidation trend as large companies seek to strengthen their market positions amid fierce localized competition. Small companies leverage strategic mergers to expand their geographic reach and optimize resource use. While commercial clients have provided stability over the past five years through strict health code compliance demands, the residential market has shifted toward DIY solutions, threatening revenue. Rising interest rates and decreased home sales have dampened residential sales, pushing homeowners to handle pest issues themselves. Yet, professional pest control remains crucial for larger infestations and restricted treatments, maintaining its place in the market. Technological advancements, such as IoT-enabled traps and drones, have empowered companies to enhance service efficiency and accuracy, though rising wage costs are pressuring profit. Looking ahead, the pest control industry will grow modestly at a CAGR of 2.0%, reaching $28.8 billion in 2030. The growing need for eco-friendly solutions driven by environmental concerns is a key driver of the industry’s outlook. Climate change is expanding pest habitats, boosting consumer interest in innovative treatments and offering new geographical opportunities. Meanwhile, technology continues to revolutionize operations, with AI and advanced monitoring tools improving intervention strategies and customer engagement. Strategic partnerships, expanded eco-friendly offerings and technological integrations will help companies navigate rising competition and capitalize on new market demands. As commercial client sales remain resilient and economic conditions improve, pest control providers will enjoy a steady, albeit slightly challenging, path forward.

The Top 100 Manufacturers list, based on companies’ financial performance in 2023, identifies key players in the sector and their strategies during recent economic volatility.

Explore the top 10 cosmetic companies known for their innovation, quality, and global influence in the beauty and skincare industry. From L'Oréal to LVMH, discover the companies shaping consumer preferences worldwide.

Market research report on top 10 Chipset companies. This report provides detailed information on companies that BCC Research has identified as market leaders.