The office administrative services market size is expected to see strong growth in the next few years. It will grow to $424.7 billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to growing evolving workforce dynamics, specialized administrative support, flexibility and scalability, focus on core competencies, adoption of hybrid work models. Major trends in the forecast period include enhanced focus on employee wellbeing services, transition to paperless office environments, rise in outsourced administrative services, emphasis on diversity, equity, and inclusion initiatives, implementation of smart office technologies.
The expansion of the office administrative services market can be attributed to the rapid globalization and the adoption of advanced technologies. Globalization denotes the increasing interconnectedness of economies, cultures, and communities worldwide, facilitated by technology, cross-border trade in goods and services, and the movement of capital, people, and information. As globalization progresses, companies must navigate a wider variety of cultural backgrounds, which in turn enhances the demand for office administration activities. For example, in June 2022, an article published by the World Bank, a US-based international financial institution, indicated that global growth slowed from 5.7% in 2021 to 2.9% in 2022, reflecting significant economic disruptions. Projections for 2023 suggest a further decline to 2.1%, influenced by factors such as the economic repercussions of geopolitical tensions and high inflation. This slowdown is widespread, impacting both advanced and emerging economies. Nevertheless, some regions are anticipated to experience modest recovery in 2024. Thus, rapid globalization is a key driver of growth in the office administrative services market.
The widespread adoption of remote work is anticipated to fuel the expansion of the office administrative services market in the foreseeable future. Remote work, also known as telecommuting or telework, involves employees executing their job responsibilities from a location other than the traditional office environment. The utilization of office administrative services in remote employment offers increased flexibility, cost-effectiveness, and access to a broader talent pool. According to the United States Bureau of Labor Statistics in April 2023, 27.5% of employees in private firms teleworked for at least part of the time in 2022. This widespread embrace of remote work is a significant driver for the office administrative services market.
The emergence of technologies such as robotic process automation (RPA), cloud computing, and software as a service is providing new avenues for office administrative applications. These applications offer solutions for various organizational functions, including billing and sales. For instance, in January 2023, The Institute of Chartered Accountants of India introduced free task management or office management software for its members, designed to simplify tasks, document handling, account management, customer relations, communication, and personnel management. The software offers 15+ integrated functions, including workflow automation, web and mobile platforms, bank-grade security, and comprehensive onboarding and training.
Major companies in the office administrative services market are focusing on innovative products, such as comprehensive virtual event platforms, to create engaging and interactive virtual experiences. A comprehensive virtual event platform is a digital system that provides a range of capabilities for hosting, managing, and enhancing virtual events, aiming to replicate the experience of in-person events. This includes tools for preparation, execution, interaction, and analytics. For example, in February 2024, Cleartrip, an India-based online travel agency, launched 'Out of Office' (OOO), a corporate travel management solution that offers exclusive corporate rates, expense management, and GST compliance. OOO features detailed reporting, policy adherence, and a user-friendly interface for seamless booking. Its goal is to streamline business travel through quick onboarding and various provider options, offering a comprehensive set of tools to manage and optimize travel while ensuring efficiency and cost-effectiveness.
Major companies operating in the office administrative services market include Accenture plc, Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers LLP, Ernst & Young Global Limited, KPMG International Cooperative, Randstad Holding NV, Tata Consultancy Services Limited, Adecco Group S.A., Sodexo SA, Cognizant, Infosys Limited, Automatic Data Processing Inc., Aon plc, Robert Half International Inc., TriNet Group Inc., Genpact Limited, Conduent Incorporated, The Hackett Group Inc., BDO USA LLP, Mercer LLC, HCL Technologies Limited, NGA Human Resources Inc., International Business Machines Corporation, Epiq Systems Inc., Profitmaster Business Process Outsourcing Inc., The Segal Group Inc., The Adecco Group, ISP Group Inc., RK Advisors LLC, e-Celtic Solutions Inc., Paychex Inc., Ultimate Software Group Inc., Willis Towers Watson plc, Wipro Limited, Xerox Corporation.
Asia-Pacific was the largest region in the office administrative services market in 2024. The regions covered in the office administrative services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the office administrative services market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The office administrative services market includes revenues earned by entities by coordinating meetings, appointments and directing various administrative projects. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Office administrative services encompass tasks conducted within an office setting, comprising functions such as reception, financial planning, billing and record-keeping, personnel management, and mail services. These services play a crucial role in delivering routine office administrative functions, including financial planning, billing, recordkeeping, personnel management, and physical distribution and logistics.
The primary categories of office administrative services include administrative management services, business management services, hospitality management services, health management services, and various other services.
The office administrative services market research report is one of a series of new reports that provides office administrative services market statistics, including office administrative services industry global market size, regional shares, competitors with an office administrative services market share, detailed office administrative services market segments, market trends and opportunities, and any further data you may need to thrive in the office administrative services industry. This office administrative services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Office Administrative Services Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on office administrative services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for office administrative services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The office administrative services market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Administrative Management Services; Business Management Services; Hospitality Management Services; Health Management Services; and Other Types - Office Administrative ServicesSubsegments:
1) By Administrative Management Services: Office Administration and Support; Document Management Services; Scheduling and Appointment Management; Records Management2) By Business Management Services: Project Management Services; Business Consulting Services; Financial and Accounting Services; Human Resources Management
3) By Hospitality Management Services: Event Planning and Coordination; Facilities Management; Front Office and Reception Services; Catering and Food Services Management
4) By Health Management Services: Medical Office Administration; Patient Scheduling and Billing Services; Health Information Management; Telehealth Administration Services
5) By Other Types - Office Administrative Services: IT Support Services; Marketing and Public Relations Management; Legal Administrative Services; Customer Support and Call Center Services
Key Companies Mentioned: Accenture plc; Deloitte Touche Tohmatsu Limited; PricewaterhouseCoopers LLP; Ernst & Young Global Limited; KPMG International Cooperative
Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Accenture plc
- Deloitte Touche Tohmatsu Limited
- PricewaterhouseCoopers LLP
- Ernst & Young Global Limited
- KPMG International Cooperative
- Randstad Holding NV
- Tata Consultancy Services Limited
- Adecco Group S.A.
- Sodexo SA
- Cognizant
- Infosys Limited
- Automatic Data Processing Inc.
- Aon plc
- Robert Half International Inc.
- TriNet Group Inc.
- Genpact Limited
- Conduent Incorporated
- The Hackett Group Inc.
- BDO USA LLP
- Mercer LLC
- HCL Technologies Limited
- NGA Human Resources Inc.
- International Business Machines Corporation
- Epiq Systems Inc.
- Profitmaster Business Process Outsourcing Inc.
- The Segal Group Inc.
- The Adecco Group
- ISP Group Inc.
- RK Advisors LLC
- e-Celtic Solutions Inc.
- Paychex Inc.
- Ultimate Software Group Inc.
- Willis Towers Watson plc
- Wipro Limited
- Xerox Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 250 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 298.09 Billion |
Forecasted Market Value ( USD | $ 424.7 Billion |
Compound Annual Growth Rate | 9.3% |
Regions Covered | Global |
No. of Companies Mentioned | 35 |