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| State of the Industry: Professional Services |
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This report takes a deep dive into the demographics
of the professional services industry. This vertical includes market size, number
of firms and employees for the total market, as well as the business services,
legal services, and engineering & consulting services subsegments. Other details
include information on market trends, technology trends, applications, and primary
opportunities.
As the past several years have proved challenging, the professional services
vertical remains optimistic about this year. Business is improving, projects are
proceeding, and prospects are hopeful. The professional services vertical, including
engineering, consulting, legal services, and business services, is bound for a
slow recovery along with the economy. This vertical is unique to the US business
industry because of its mere size and makeup. This vertical consists primarily
of home offices and small business offices located throughout the US. Employees
are widely remote and many work out of their own home. Because of this, wireless
and remote access solutions, as well as project management tools, are major areas
of investment and priority. |
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- Executive Summary
- Market and Industry
Trends
- Overview of
Market Trends
- Overview of
Technology Trends
- Key Trends:
Wireless and Web
- Key Applications
- Recommendations:
Addressing Opportunities
- Methodology
- Forecasting
Techniques
- Definitions
- Structured
Research Sources
- IT Purchasing,
2003
- US Census
Bureau
- US Bureau
of Labor Statistics
- Bureau
of Economic Analysis
- Department
of Commerce
- Occupational
Safety & Health Administration
- Industry
Trends
- Professional
Services Industry Demographics
- Number of Firms
- Number of Employees
- Perceptions
- Perceptions
of Operating Performance
- Demographics
by Major Group
- Segmentation
of Firms by Major Group
- Segmentation
of Employees by Major Group
- Business Services
- Definition
- Demographics
- Industry
Trends
- Business
Services in the US Professional Services Market
- Legal Services
- Definition
- Demographics
- Industry
Trends
- Legal Services
in the US Professional Services Market
- Engineering
and Management Services
- Definition
- Demographics
- Industry
Trends
- Engineering
and Management Services in the US Professional Services Market
- Conclusion
- Table 1. Number
of Firms - Professional Services Industry, 2003-2008
- Table 2. Number
of Employees (EMP) - Professional Services Industry, 2003-2008
- Table 3. Number
of Firms and Employees by Major Group - Professional Services Industry,
2004
- Table 4. Segmentation
of Firms by Major Group and Size of Business - Professional Services
Industry, 2004
- Table 5. Segmentation
of Employees by Major Group and Size of Business - Professional Services
Industry, 2004
- Table 6. Number
of Business Services Firms and Employees - US Professional Services
Market, 2004
- Table 7. Number
of Legal Services Firms and Employees - US Professional Services Market,
2004
- Table 8. Number
of Engineering and Management Services Firms and Employees - US Professional
Services Market, 2004
- Figure 1. Number
of Firms and Employees (In Millions) - Professional Services, 2003-2008
1
- Figure 2. Perceptions
of the US Economy (Unweighted) - Professional Services Industry, 2003
15
- Figure 3. Perceptions
of Operating/Financial Performance (Unweighted) - Professional Services
Industry, 2003 16
- Figure 4. Number
of Firms (In Thousands): Business Services - US Professional Services
Market, 2002-2008 20
- Figure 5. Number
of Employees (In Millions): Business Services - US Professional Services
Market, 2002-2008 21
- Figure 6. Number
of Firms: Legal Services (In Thousands) - US Professional Services Market,
2002-2008 23
- Figure 7. Number
of Employees (In Millions): Legal Services - US Professional Services
Market, 2002-2008 24
- Figure 8. Number
of Firms (In Thousands): Engineering and Management Services - US Professional
Services Market, 2002-2008 26
- Figure 9. Number
of Employees (In Millions): Engineering and Management Services - US
Professional Services Market, 2002-2008
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