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... read more
Knowledge-based consulting industries such as this typically evolve in more complex developed economies and gradually spread globally to meet the growing demand for the provision of services in developing regions, and to accompany aligned industries into new markets (e.g. following the global expansion of construction, mining and manufacturing). Industry activity is therefore heavily concentrated in the developed OECD countries, which are estimated to account for just under 75.0% of industry revenue.
The geographic spread of industry revenue per region is relatively balanced. North America is estimated to account for more than 30.0% of industry revenue, with the bulk of industry activity being concentrated in the United States and Canada... read more