The Global Architectural Services industry quickly rebounded from a brief recessionary decline. From 2010 onward, demand for architectural design services increased, aided by an infusion of government-funded building projects in emerging economies. In recent years, increased employment and corporate profit in developed economies helped revive privately funded construction activity, ultimately benefiting architecture firms. As a result, revenue for the Global Architectural Services industry is expected to increase at an average annual rate of 3.8% to $207.0 billion in the five years to 2015. This includes an expected revenue increase of 2.7% in 2015.
This industry comprises establishments primarily engaged in planning and designing residential, institutional, leisure, commercial, and industrial buildings and structures by applying knowledge of design, construction procedures, zoning regulations, building codes and building materials.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.