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Construction Project Management Services in the US Industry Data and Analysis
Over the past five years, construction project managers have benefitted from alternating periods of strong investment into residential, private nonresidential and public construction. While interest rate hikes led to a slowdown in residential construction growth in 2022, multifamily construction remained resilient and benefitted construction project managers. Rate cuts in 2024 made investment cheaper, to the benefit of project managers, while a pause in rate cuts amid economic uncertainty in 2025 slowed investment. Industry revenue has been increasing at a CAGR of 5.0% over the past five years and is expected to total $372.5 billion in 2025, when revenue will climb by an estimated 1.6%. Profit has increased in recent years as revenue growth has been able to outpace wage growth.
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What's included in this industry analysis
IBISWorld's research coverage on the Construction Project Management Services industry in the United States includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released February 2026.
About this industry
What's this industry report about?
The Construction Project Management Services industry in the United States operates under the NAICS industry code OD4696. The Construction Project Management Services industry includes companies that provide planning, supervising and budgeting services to construction projects. This includes all aspects of clients’ projects, such as estimating, scheduling, designing, engineering and contracting. Construction project managers may also oversee community relations, safety programs, labor, cost control and coordination with the owner and other construction specialists. Related terms covered in the Construction Project Management Services industry in the United States include leadership in energy and environmental design, subcontracted labor and outsource.
What's included in this industry?
Products and services covered in Construction Project Management Services industry in the United States include Cost management, Scheduling management and Compliance management.
What companies are included in this industry?
Companies covered in the Construction Project Management Services industry in the United States include Turner Construction Company and Aecom.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Construction Project Management Services industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Construction Project Management Services industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Construction Project Management Services industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Construction Project Management Services industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Construction Project Management Services industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Construction Project Management Services industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Construction Project Management Services industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Construction Project Management Services industry in the United States.
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Frequently Asked Questions
What is the market size of the Construction Project Management Services industry in the United States in 2026?
The market size of the Construction Project Management Services industry in the United States is $372.5bn in 2026.
How many businesses are there in the Construction Project Management Services industry in the United States in 2026?
There are 381k businesses in the Construction Project Management Services industry in the United States, which has grown at a CAGR of 2.8 % between 2021 and 2026.
How may import tariffs affect the Construction Project Management Services industry in the United States?
The Construction Project Management Services industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Construction Project Management Services industry in the United States?
The Construction Project Management Services industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Construction Project Management Services industry in the United States grown or declined over the past 5 years?
The market size of the Construction Project Management Services industry in the United States has been growing at a CAGR of 5.0 % between 2021 and 2026.
What is the forecast growth of the Construction Project Management Services industry in the United States over the next 5 years?
Over the next five years, the Construction Project Management Services industry in the United States is expected to grow.
What are the biggest companies in the Construction Project Management Services industry in the United States?
The biggest companies operating in the Construction Project Management Services industry in the United States are Turner Construction Company and Aecom
What does the Construction Project Management Services industry in the United States include?
Third-party construction project management services and Project planning and economic assessments are part of the Construction Project Management Services industry in the United States.
Which companies have the highest market share in the Construction Project Management Services industry in the United States?
The company holding the most market share in the Construction Project Management Services industry in the United States is Turner Construction Company.
How competitive is the Construction Project Management Services industry in the United States?
The level of competition is high and increasing in the Construction Project Management Services industry in the United States.
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