Sector report: Services
Services play a dominant role in most emerging and mature economies today, having overtaken manufacturing and agriculture in importance.
According to consulting firm Research and Market, the global professional services market reached a size of approximately $5.7 trillion in 2018 and had grown at a compound annual growth rate (CAGR) of 7.4% since 2014. It is expected to grow at a CAGR of 9.1% to more than $8 trillion by 2022. The consulting firm’s “Professional services global market opportunities and…
