Industry Analysis & Industry Trends
Industry Report - Industry SWOT Analysis Chapter
The Business Concierge Services industry is in the growth stage of its life cycle. Industry value added, which measures the industry's contribution to the overall economy, is projected to rise at an average annual rate of 2.6% over the 10 years to 2017. By comparison, GDP is forecast to increase 2.1% per year on average over the same ten-year period. Consequently, the industry is increasing its overall share of the economy. Business concierge services are popular throughout Europe; however, they are expected to become more common throughout the United States over the next five years.
The overall size of the industry has grown steadily over the past five years to 2012, with the number of industry operators increasing at an average annual rate of 3.2% to 658 companies. Thi... purchase to read more