Business Services Market: New Forecasts and Trends for 2024

Companies in the business services sector provide a wide variety of B2B services such as security, commercial landscaping, waste management, pest control, and cleaning, as well as administrative services such as temporary staffing, business consulting, and payroll processing.

Topics: Business Services & Administration Industry Insights

Management Consulting Industry Overview: Key Forecasts and Growth Segments

management consultants shaking handsThe global management consulting services market size will grow from $976.3 billion in 2022 to $1,022.2 billion in 2023 at a compound annual growth rate (CAGR) of more than 4%, according to The Business Research Company’s Management Consulting Services Global Market Report 2023.

Topics: Business Services & Administration Industry Insights

U.S. Debt Collections Industry Worth $15 Billion. Pandemic Did Not Hurt the Business

The $15 billion U.S. collection agencies industry, like many other services, was affected by the pandemic — but in a good way.

Topics: Business Services & Administration Industry Insights

Office Furniture Industry Expected to Recover from COVID Slump

The demand for office furniture dipped during the COVID-19 pandemic as economic activity slowed and employees transitioned to working remotely. Businesses had little incentive to purchase furniture for empty workspaces.

Topics: House & Home Business Services & Administration Industry Insights

The Coronavirus and the U.S. Job Market: Trends, Analysis and Advice

The Coronavirus epidemic of 2020 altered the employment landscape dramatically. Large numbers of outstanding companies were forced to lay off employees due to both a rapid decline in revenues and uncertainty about the future.

Topics: Business Services & Administration Industry Insights

Global Video Surveillance Market Poised for Significant Growth

The declaration of COVID-19 as a health pandemic across the globe, followed by emergency lockdown in several economies for long durations, has subsequently affected the financial conditions of the companies operating in the video surveillance industry.

Topics: Software & Enterprise Computing Business Services & Administration Industry Insights

$117 Billion Commercial Cleaning Services Industry Takes on New Importance Due to Coronavirus

This $117 billion U.S. business, which encompasses basic janitorial services, pest control, and other building maintenance, is huge but very competitive, comprised of mainly small operators, including 36,000 franchised outlets. Competitors run the gamut, from sole proprietors to giants such as ABM Industries with $6.5 billion in revenues. This is a low-investment business that’s easy to enter, and many do.

Topics: Business Services & Administration Industry Insights

The Professional Services Market: Forecasts and Trends

Professional services form a vast, growing market with a highly educated workforce and some of the world’s most valuable, recognized brands. Professional services encompass a broad range of segments including portfolio management & investment advice, legal services, banking, securities trading, tax preparation & accounting, and other services.

Topics: Business Services & Administration Industry Insights

U.S. Motivational Speaking Industry Worth $1.9 Billion

Speaking for pay is big business, especially for former presidents, sports figures, and other celebrities. There are an estimated 40,000 professional speakers in the United States, but not all work full-time.

Topics: Business Services & Administration Media Industry Insights

Corporate Wellness Programs Gain Popularity Around the World

Would you be surprised to find a body weight scale, body mass indicator chart and height indicator in your office restrooms? What about an employer-sponsored counselling facility on site? Deloitte India offers these as part of its employee wellness program, and more and more global companies are following suite with similar initiatives to boost the health and productivity of their employees.

Topics: Healthcare Business Services & Administration Industry Insights