Worldwide Services Industry to 2030 - Identify Growth Segments for Investment - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Services Global Market Report 2020-30: Covid 19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global services market as it emerges from the COVID-19 shut down.

The global services market is expected to grow from $11848.2 billion in 2019 to $11941.5 billion in 2020 at a compound annual growth rate (CAGR) of 0.8%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $14734.2 billion in 2023.

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• Identify growth segments for investment.
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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. Examples include equipment and machinery repairing, promoting or administering religious activities, grantmaking, advocacy, and providing drycleaning and laundry services, personal care services, death care services, pet care services, photofinishing services, temporary parking services, and dating services.

Asia Pacific was the largest region in the global services market, accounting for 34% of the market in 2019. North America was the second largest region accounting for 27% of the global services market. Africa was the smallest region in the global services market.

The proliferation of data and the sophistication of analytical tools has enabled service companies to add to their offering. Descriptive and predictive analytics have become critical for many service companies as they generate actionable data insights. Human services agencies are using descriptive analytics for simple reporting or to detect non-compliance after transactions were completed. Predictive analytics can increase understanding of the relative effectiveness of different programs so that resources can be smartly targeted for better results.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Services Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

4. Services Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

5. Services Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

6. Services Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Services Market Trends And Strategies

8. Services Market Size And Growth

8.1. Market Size

8.2. Historic Market Growth, Value ($ Billion)

8.2.1. Drivers Of The Market

8.2.2. Restraints On The Market

8.3. Forecast Market Growth, Value ($ Billion)

8.3.1. Drivers Of The Market

8.3.2. Restraints On The Market

9. Services Market Regional Analysis

9.1. Global Services Market, 2019, By Region, Value ($ Billion)

9.2. Global Services Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region

9.3. Global Services Market, Growth And Market Share Comparison, By Region

10. Services Market Segmentation

10.1. Global Services Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

11. Services Market Segments

11.1. Global Civic Services Market, Segmentation By Type

11.2. Global Real Estate Market, Segmentation By Type

11.3. Global Leasing Market, Segmentation By Type

11.4. Global Commercial Services Market, Segmentation By Type

11.5. Global Personal Services Market, Segmentation By Type

11.6. Global Repair and Maintenance Market, Segmentation By Type

12. Services Market Metrics

12.1. Services Market Size, Percentage Of GDP, 2015-2023, Global

12.2. Per Capita Average Services Market Expenditure, 2015-2023, Global

Companies Mentioned

• CBRE Group
• Southern Baptist Churches
• Jones Lang LaSalle Inc.
• World Food Programme
• UNICEF

For more information about this report visit https://www.researchandmarkets.com/r/c2pxl6