The global architectural services market size is expected to reach USD 523.20 billion by 2030. The market is expected to expand at a CAGR of 4.8% from 2023 to 2030. A major element boosting the market expansion is the accelerating urbanization in nations like South Korea, Brazil, and India which is leading to a rise in demand for smart homes. Additionally, it is anticipated that the growing need for planning, designing and consulting services for effective job operation will be supported by the rising industrial and commercial building restoration projects around the world. This is thus anticipated to support market expansion.
Architectural services are commonly used in fields like industry, healthcare, and hospitality. Building blueprints are presented to clients by architectural firms to give them an accurate and detailed representation at every stage of the process. The development of the industry is aided by architectural firms' rising emphasis on creating smart buildings with improved space usage. In addition, a growing number of smart cities programs initiated by governments around the world are driving up demand for urban planning services, thus augmenting the architectural service market growth
The healthcare industry is expanding quickly in developing nations. The architectural service market expansion is anticipated to be boosted by hospital owners' and governments' growing propensity to offer better patient care. Similar to the way the learning environment is changing due to digitalization, funding is becoming a major issue for educational institutions. The need for architectural services in the education sector to construct cost-efficient, high-tech buildings is anticipated to have a positive impact on architectural service market expansion.
COVID-19 has had a detrimental effect on the architectural service market expansion. Interaction and coordination are necessary for providing architectural services, and going to construction sites is a crucial step in the procedure. Numerous in-progress architectural projects had been delayed as a result of stringent measures imposed by governments around the world and a halt in construction work. As a result, there was a decrease in the demand for architectural services worldwide.
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Architectural services are commonly used in fields like industry, healthcare, and hospitality. Building blueprints are presented to clients by architectural firms to give them an accurate and detailed representation at every stage of the process. The development of the industry is aided by architectural firms' rising emphasis on creating smart buildings with improved space usage. In addition, a growing number of smart cities programs initiated by governments around the world are driving up demand for urban planning services, thus augmenting the architectural service market growth
The healthcare industry is expanding quickly in developing nations. The architectural service market expansion is anticipated to be boosted by hospital owners' and governments' growing propensity to offer better patient care. Similar to the way the learning environment is changing due to digitalization, funding is becoming a major issue for educational institutions. The need for architectural services in the education sector to construct cost-efficient, high-tech buildings is anticipated to have a positive impact on architectural service market expansion.
COVID-19 has had a detrimental effect on the architectural service market expansion. Interaction and coordination are necessary for providing architectural services, and going to construction sites is a crucial step in the procedure. Numerous in-progress architectural projects had been delayed as a result of stringent measures imposed by governments around the world and a halt in construction work. As a result, there was a decrease in the demand for architectural services worldwide.
Architectural Services Market Report Highlights
- In 2022, the construction and project management services segment is expected to grow with a revenue share of 34.0% owing to the rising building activity worldwide
- The Asia Pacific region is anticipated to grow with a CAGR of 5.6 % during the projection period due to an increase in new development activity in the area's healthcare and housing industries
- Since the COVID-19 outbreak, major market participants have concentrated on acquisitions to grow their organizations. For instance, in October 2022 Woolpert, Inc. announced the acquisition of Sheehan Nagle Hartray Architects Through the acquisition, Woolpert will be able to benefit from Sheehan's knowledge of interior design and predesign services for civic, commercial, and online retail
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Table of Contents
Chapter 1. Methodology and Scope1.1. Methodology Segmentation & Scope
1.2. Information Procurement
1.2.1. Purchased database
1.2.2. internal database
1.2.3. Secondary sources & third-party perspectives
1.2.4. Primary research
1.3. Information Analysis
1.3.1. Data analysis models
1.4. Market Formulation & Data Visualization
1.5. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Architectural Services Market - Industry Snapshot, 2018 - 2030
Chapter 3. Architectural Services Market Variables, Trends & Scope
3.1. Market Size and Growth Prospects, 2018 - 2030
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint/Challenge Analysis
3.3.3. Market Opportunity Analysis
3.4. Penetration & Growth Prospect Mapping (Key Opportunities Prioritized)
3.5. Business Environment Analysis Tools
3.5.1. Industry Analysis - Porter's Five Forces Analysis
3.5.2. PEST Analysis
3.5.3. COVID-19 Impact Analysis
Chapter 4. Architectural Services Market Service Type Outlook
4.1. Architectural Services Market Share by Product, 2022 & 2030 (USD Billion)
4.2. Architectural Advisory Services
4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
4.3. Construction and Project Management Services
4.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
4.4. Engineering Services
4.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
4.5. Interior Design Services
4.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.5.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
4.6. Urban Planning Services
4.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.6.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
4.7. Building Code Counseling and Interpretation Consulting Services
4.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.7.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
4.8. Legal Technical Requirement Compliance Counseling Services
4.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.8.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
4.9. Others
4.9.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.9.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
Chapter 5. Architectural Services Market End-use Outlook
5.1. Architectural Services Market Share by End-use, 2022 & 2030 (USD Billion)
5.2. Education
5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
5.3. Government
5.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
5.4. Healthcare
5.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
5.5. Hospitality
5.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.5.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
5.6. Residential
5.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.6.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
5.7. Industrial
5.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.7.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
5.8. Retail
5.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.8.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
5.9. Others
5.9.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.9.2. Market estimates and forecast by region, 2018 - 2030 (USD Billion)
Chapter 6. Architectural Services Market: Regional Outlook
6.1. Architectural Services Market Share by Region, 2022 & 2030 (USD Billion)
6.2. North America
6.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.2.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.2.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.2.4. U.S.
6.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.2.4.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.2.4.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.2.5. Canada
6.2.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.2.5.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.2.5.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.3. Europe
6.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.3.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.3.4. U.K.
6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.4.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.3.4.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.3.5. Germany
6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.5.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.3.5.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.3.6. Rest of Europe
6.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.6.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.3.6.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.4. Asia Pacific
6.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.4.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.4.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.4.4. China
6.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.4.4.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.4.4.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.4.5. India
6.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.4.5.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.4.5.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.4.6. Japan
6.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.4.6.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.4.6.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.4.7. South Korea
6.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.4.7.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.4.7.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.4.8. Singapore
6.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.4.8.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.4.8.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.4.9. Rest of Asia Pacific
6.4.9.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.4.9.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.4.9.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.5. Latin America
6.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.5.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.5.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.5.4. Brazil
6.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.5.4.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.5.4.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.5.5. Mexico
6.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.5.5.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.5.5.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.5.6. Rest of Latin America
6.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.5.6.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.5.6.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
6.6. Middle East & Africa
6.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.6.2. Market estimates and forecast by service type, 2018 - 2030 (USD Billion)
6.6.3. Market estimates and forecast by end-use, 2018 - 2030 (USD Billion)
Chapter 7. Competitive Landscape
7.1. AECOM
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Recent Developments
7.2. Foster + Partners
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Recent Developments
7.3. Gensler
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Recent Developments
7.4. IBI Group
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Recent Developments
7.5. HDR
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Recent Developments
7.6. Jacobs Engineering Group.
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Recent Developments
7.7. Nikken Sekkei Ltd.
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Recent Developments
7.8. Perkins Eastman
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Recent Developments
7.9. Perkins And Will
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. Product Benchmarking
7.9.4. Recent Developments
7.10. Stantec
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. Recent Developments
List of Tables
Table 1 Global architectural services market, 2018 - 2030 (USD Billion)
Table 2 Global architectural services market, by region, 2018 - 2030 (USD Billion)
Table 3 Global architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 4 Global architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 5 Architectural advisory services market, 2018 - 2030 (USD Billion)
Table 6 Architectural advisory services market, by region, 2018 - 2030 (USD Billion)
Table 7 Construction and project management services market, 2018 - 2030 (USD Billion)
Table 8 Construction and project management services market, by region, 2018 - 2030 (USD Billion)
Table 9 Engineering services market, 2018 - 2030 (USD Billion)
Table 10 Engineering services market, by region, 2018 - 2030 (USD Billion)
Table 11 Interior design services market, 2018 - 2030 (USD Billion)
Table 12 Interior design services market, by region, 2018 - 2030 (USD Billion)
Table 13 Urban planning services market, 2018 - 2030 (USD Billion)
Table 14 Urban planning services market, by region, 2018 - 2030 (USD Billion)
Table 15 Building code counseling and interpretation consulting services market, 2018 - 2030 (USD Billion)
Table 16 Building code counseling and interpretation consulting services market, by region, 2018 - 2030 (USD Billion)
Table 17 Legal technical requirement compliance counseling services market, 2018 - 2030 (USD Billion)
Table 18 Legal technical requirement compliance counseling services market, by region, 2018 - 2030 (USD Billion)
Table 19 Others market, 2018 - 2030 (USD Billion)
Table 20 Others market, by region, 2018 - 2030 (USD Billion)
Table 21 Education market, 2018 - 2030 (USD Billion)
Table 22 Education market, by region, 2018 - 2030 (USD Billion)
Table 23 Government market, 2018 - 2030 (USD Billion)
Table 24 Government market, by region, 2018 - 2030 (USD Billion)
Table 25 Healthcare market, 2018 - 2030 (USD Billion)
Table 26 Healthcare market, by region, 2018 - 2030 (USD Billion)
Table 27 Hospitality market, 2018 - 2030 (USD Billion)
Table 28 Hospitality market, by region, 2018 - 2030 (USD Billion)
Table 29 Residential market, 2018 - 2030 (USD Billion)
Table 30 Residential market, by region, 2018 - 2030 (USD Billion)
Table 31 Industrial market, 2018 - 2030 (USD Billion)
Table 32 Industrial market, by region, 2018 - 2030 (USD Billion)
Table 33 Retail market, 2018 - 2030 (USD Billion)
Table 34 Retail market, by region, 2018 - 2030 (USD Billion)
Table 35 Others market, 2018 - 2030 (USD Billion)
Table 36 Others market, by region, 2018 - 2030 (USD Billion)
Table 37 North America architectural services market, 2018 - 2030 (USD Billion)
Table 38 North America architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 39 North America architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 40 U.S. architectural services market, 2018 - 2030 (USD Billion)
Table 41 U.S. architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 42 U.S. architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 43 Canada architectural services market, 2018 - 2030 (USD Billion)
Table 44 Canada architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 45 Canada architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 46 Europe architectural services market, 2018 - 2030 (USD Billion)
Table 47 Europe architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 48 Europe architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 49 U.K. architectural services market, 2018 - 2030 (USD Billion)
Table 50 U.K. architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 51 U.K. architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 52 Germany architectural services market, 2018 - 2030 (USD Billion)
Table 53 Germany architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 54 Germany architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 55 Rest of Europe architectural services market, 2018 - 2030 (USD Billion)
Table 56 Rest of Europe architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 57 Rest of Europe architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 58 Asia Pacific architectural services market, 2018 - 2030 (USD Billion)
Table 59 Asia Pacific architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 60 Asia Pacific architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 61 China architectural services market, 2018 - 2030 (USD Billion)
Table 62 China architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 63 China architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 64 India architectural services market, 2018 - 2030 (USD Billion)
Table 65 India architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 66 India architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 67 Japan architectural services market, 2018 - 2030 (USD Billion)
Table 68 Japan architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 69 Japan architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 70 South Korea architectural services market, 2018 - 2030 (USD Billion)
Table 71 South Korea architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 72 South Korea architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 73 Singapore architectural services market, 2018 - 2030 (USD Billion)
Table 74 Singapore architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 75 Singapore architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 76 Rest of Asia Pacific architectural services market, 2018 - 2030 (USD Billion)
Table 77 Rest of Asia Pacific architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 78 Rest of Asia Pacific architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 79 Latin America architectural services market, 2018 - 2030 (USD Billion)
Table 80 Latin America architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 81 Latin America architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 82 Brazil architectural services market, 2018 - 2030 (USD Billion)
Table 83 Brazil architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 84 Brazil architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 85 Mexico architectural services market, 2018 - 2030 (USD Billion)
Table 86 Mexico architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 87 Mexico architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 88 Rest of Latin America architectural services market, 2018 - 2030 (USD Billion)
Table 89 Rest of Latin America architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 90 Rest of Latin America architectural services market, by end-use, 2018 - 2030 (USD Billion)
Table 91 Middle East & Africa architectural services market, 2018 - 2030 (USD Billion)
Table 92 Middle East & Africa architectural services market, by service type, 2018 - 2030 (USD Billion)
Table 93 Middle East & Africa architectural services market, by end-use, 2018 - 2030 (USD Billion)
List of Figures
Fig. 1 Market Segmentation & Scope
Fig. 2 Information Procurement
Fig. 3 Primary Research Pattern
Fig. 4 Primary Research Process
Fig. 5 Market Formulation and Data Visualization
Fig. 6 Industry Snapshot
Fig. 7 Architectural Services Market Size and Growth Prospects, 2018 - 2030 (USD Billion)
Fig. 8 Architectural Services Market Value Chain Analysis
Fig. 9 Architectural Services Market Penetration & Growth Prospect Mapping (Key Opportunity Prioritized)
Fig. 10 Industry Analysis-Porter’s Five Forces
Fig. 11 PEST Analysis
Fig. 12 Architectural Services Market, by Service Type, Key Takeaways (USD Billion)
Fig. 13 Service Type Movement Analysis & Market Share, 2022 & 2030
Fig. 14 Architectural Services Market, by End Use, Key Takeaways (USD Billion)
Fig. 15 End-use Movement Analysis & Market Share, 2022 & 2030
Fig. 16 Regional market size estimates & forecasts, 2018 - 2030(USD Billion)
Fig. 17 North America Architectural Services Market Outlook and Market Share by Country, 2022 & 2030 (USD Billion)
Fig. 18 Europe Architectural Services Market Outlook and Market Share by Country, 2022 & 2030 (USD Billion)
Fig. 19 Asia Pacific Architectural Services Market Outlook and Market Share by Country, 2022 & 2030 (USD Billion)
Fig. 20 Latin America Architectural Services Market Outlook and Market Share by Country, 2022 & 2030 (USD Billion)
Fig. 21 Middle East & Africa Architectural Services Market Outlook and Market Share by Country, 2022 & 2030 (USD Billion)
Fig. 22 Key Company Ranking Analysis, 2021
Companies Mentioned
- Aecom
- Foster + Partners
- Gensler
- Ibi Group
- Hdr
- Jacobs Engineering Group.
- Nikken Sekkei Ltd.
- Perkins Eastman
- Perkins and Will
- Stantec
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | January 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 376.08 Billion |
| Forecasted Market Value ( USD | $ 523.2 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
