Industry Analysis & Industry Trends
The Global Engineering Services industry's revenue increased over the past five years, primarily due to strong investments in infrastructure, building and industrial construction in developing economies across the globe. In the next five years, stronger global economic growth and construction activity is forecast to benefit the industry.
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Global Engineering Services industry revenue increased during the five years to 2014, aided by a rise in global construction spending and an improvement in the world economy. Industry revenue has grown from a depressed base as the recession ushered in a decline in engineering activities related to residential and commercial construction in developed economies like the United States, Japan and the European Union... read more