With rapid infrastructural development in various developed and developing regions of the world, there is a constant upgrade in building designs and architectural requirements. Increasing construction activities across commercial, residential and public sector are inducing high demand for improved architectural services. The global architectural service market is anticipated to expand at a moderate growth rate in the forthcoming years. Outsourcing of engineering services such as CAD drawings and project designs and increasing demand for technologically advanced designing solutions such as 3D modeling and utilization of high-end designing software are some of the primary factors that are propelling the growth of the global architectural services market. Rise in government expenditure for smart city projects and proliferation of new architectural firms that are entering the global market with innovative software and designs for providing optimum services are some other factors that are fueling the growth of the global architectural services market.
This market research report offers a comprehensive analysis of key market trends in the global architectural services market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. The primary types of architectural services that are covered in the report include architectural advisory services, construction and project management services, urban planning services, engineering services, interior design services and others. For opportunity analysis, the end-users that are covered in the report are education, hospitality, government, residential, healthcare, industrial, retail and others. All the sub-markets that are covered in the report are profiled under five major region such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa, with respective country-level analysis
The report on the global architectural services market covers an in-depth study of historical as well as current market trends, key player's market share analysis, competitive landscape, consumer landscape, market valuation by segmentation as well as region, country-level analysis for every segment, and supply chain analysis.
Aedas, AECOM, Foster & Partners Limited, DP Architects, HDR Architecture, Gensler, HKS, INC., HOCHTIEF AG, IBI Group Inc., HOK, Jacobs, PCL Constructors Inc., Nikken Sekkei, Perkins Eastman, Perkins & Will, Stantec and others
MRFR employs comprehensive and iterative research methodology to ensure the deliverance of accurate estimates and market forecast. The collaborative approach of primary and secondary research processes aids in highly qualitative and quantitative analysis of current market dynamics, historical trends, growth opportunities, consumer landscape, market drivers and challenges. Primary data is collected by conducting detailed surveys and personal interviews with the key opinion makers across the value chain. Secondary research process is utilized to verify primary data through inputs from white paper references, SEC filings, paid database, research publications and other credible sources available in public domain. Additionally, the strong data triangulation method and top-down and bottom-up approaches are utilized to ensure accuracy and objectivity to the data
For the scope of report, MRFR offers a comprehensive segmental analysis of the global architectural services market
By Service Type
Frequently Asked Questions (FAQ) :
The outsourcing of engineering services such as CAD drawings and project designs as well as rising demand for technologically advanced designing solutions such as 3D modeling and utilization of high-end designing software are key factors.
North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa are the key regions included in the regional study of the market.
Aedas, AECOM, Foster & Partners Limited, DP Architects are the key players investing in the market share.
The market is going to grow at a substantial CAGR in the forecast period.
The market’s forecast is estimated to be by 2023.