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Cara Brosius

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Technology Is a Major Trend in Professional Services

Posted by Cara Brosius

Dec 19, 2016 8:45:00 AM

Consumer spending on professional services is projected to total almost $481 billion by 2020, representing yearly growth of 3.8% from 2015 levels. Positive economic trends will drive growth as consumers gain more disposable personal income and seek professional services for their financial and personal needs.

Many innovative technologies are changing how we access professional services. If you’d like to seek legal advice, chances are you can do it on your computer or mobile device. Many online services are also cheaper than traditional ones, leading established companies to change their marketing strategies and to offer services on a variety of platforms.

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Topics: Business Services & Administration, Industry Insights, The Freedonia Group

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