Global Architectural Services Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global architectural services market in its upcoming report titled, “Global Architectural Services Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global architectural services market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global architectural services market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global architectural services market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global architectural services market report has been segmented on the basis of service type, end-user, and region.

Architectural services are provided in connection with planning and designing residential, institutional, leisure, commercial, and industrial buildings and structures by applying knowledge of design, construction procedures, zoning regulations, building codes and building materials.

Increasing investment in construction industry, and increasing demand for green building across the globe are major factors driving growth of the global architectural services market. In addition, increasing demand for architectural services from various sectors such as construction, healthcare, government, and other is expected to drive growth of the global architectural services market.

However, high cost of software and services, uncertain economic conditions, and stringent government regulations are other factors expected to restrain growth of the global architectural services market.

Technological advancements such as development of innovative 5D building information management (BIM) software is expected to present new opportunities to market players operating in the global architectural services market over the forecast period.

North America dominates the global architectural services market and accounts for largest market share in terms of revenue as compared to that of markets in other regions. This is attributed to well-developed construction sector, and high adoption rate for architectural services among the end users. Europe market accounts for the second largest revenue share contribution to the global architectural services market followed by markets in Asia Pacific, Latin America and Middle East & Africa respectively. The market in Asia Pacific is projected to have the fastest growth in terms of revenue, owing to increase in number of construction activities in emerging economies in this region.

Global Architectural Services Market Segmentation:

Global architectural services market segmentation, by service type:

• Building design
• Interior design
• Construction project management
• Planning and pre-design
• Other services

Global architectural services market segmentation, by end user:

• Education
• Healthcare
• Residential
• Others

Global architectural services market segmentation, by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa