Sage advice: Favorable economic trends will boost industry revenue, despite divergent trends between sectors

Although each of the various segments of the Credit Counselors, Surveyors and Appraisers industry experienced various levels of growth and decline, the industry as a whole has undergone stable growth over the five years to 2018. The industry includes procyclical, countercyclical and stable industry segments that fluctuate based upon a diverse array of factors, such as the health of the construction market, the rise and fall of unemployment rates and the growth of disposable income. Throughout the period, procyclical segments benefited from increased access to credit and consumer spending...purchase to read more.

Industry Statistics & Market Size
Revenue
$60bn
Annual Growth 13-18
3.1%
Forecast Growth 18-23
Profit
Employment
1.1m
Businesses
977,772
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Continued growth in the value of residential construction is anticipated to benefit quantity surveyors
  • Falling unemployment and improving disposable incomes reduced the need for credit counselors
  • Demand for quantity surveying services will increase as construction activity rises
  • Industry Report - Industry Analysis Chapter

    The Credit Counselors, Surveyors and Appraisers industry is extremely diverse, with broad changes in general macroeconomic conditions influencing demand for each product and service offering in distinctive ways. For example, the industry’s largest product segment, credit counseling, is largely countercyclical. Alternatively, industry operators focused on quantity surveying depend extensively on the construction sector, which is exceedingly procyclical. A robust construction sector, reflected in increasing construction activity and rising construction values, led to higher demand for quantity surveying and increased revenue for this segment. Concurrently, decreasing unemployment and greater disposable income caused revenue in the credit counseling segment to decline. Ove...purchase to read more.

    Additional Insights for the Credit Counselors, Surveyors & Appraisers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Credit Counselors, Surveyors & Appraisers Industry are

  • Having a high prior success rate
  • Having a good reputation
  • Willingness to outsource when appropriate
  • IBISWorld analysts also discuss how external factors such as Aggregate household debt and Value of residential construction in the Credit Counselors, Surveyors & Appraisers industry impact industry performance..

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    What's in this report

    What is the Credit Counselors, Surveyors & Appraisers Industry?

    Operators in this industry primarily provide quantity surveyor services, also known as cost estimation; estate appraisal services (except real estate); or consumer credit counseling services.

    Industry Products
  • Credit Counseling
  • Quantity surveyor services
  • Appraisal services
  • Commodity inspection services
  • Market research services
  • Resale of merchandise
  • Industry Activities
  • Providing arbitration, mediation and conciliation services, including credit counseling
  • Providing estate appraisal (except real estate) services
  • Providing cost estimation and quantity surveyor services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Aggregate household debt
  • Value of residential construction
  • National unemployment rate
  • Number of deaths
  • Demand from law firms

  • Current Performance
  • Quantity surveyors depend on construction
  • Credit counseling slows growth
  • Fragmented industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Quantity surveying
  • Credit counseling and appraisal services
  • Industry landscape
  • Table: Credit Counselors, Surveyors & Appraisers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Credit Counselors, Surveyors & Appraisers Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Law Firms
  • Consumers

  • Key Selling Industries
  • Commercial Leasing
  • Computer & Printer Leasing
  • Data Processing & Hosting Services

  • Products & Services
  • Other
  • Credit Counseling
  • Quantity surveyor services
  • Appraisal services
  • Commodity inspection services
  • Market research services
  • Resale of merchandise
  • Chart: Credit Counselors, Surveyors & Appraisers Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Business firms and farms
  • Federal government
  • Individuals
  • State and local governments
  • Not-for-profit organizations
  • Chart: Major Market Segmentation for the Credit Counselors, Surveyors & Appraisers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWages and depreciationPurchasesOther
  • Chart: Cost Structure Benchmarking – Sector vs Credit Counselors, Surveyors & Appraisers

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Credit Counselors, Surveyors & Appraisers Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Credit Counselors, Surveyors & Appraisers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Credit Counselors, Surveyors & Appraisers Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Aggregate household debt (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Computer Aided Design (Cad) Technology
  • Technology that provides building estimation and cost plans by extracting exact measurement data.
  • Cost Estimators
  • Individuals and firms involved in several activities relating to the estimation of labor, subcontracting, equipment, materials and infrastructure requirements.
  • Estate Appraisers
  • Individuals and firms involved in several activities related to insurance coverage, equitable distribution, estate planning and charitable contributions.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Credit Counselors, Surveyors & Appraisers can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Credit Counselors, Surveyors & Appraisers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Credit Counselors, Surveyors & Appraisers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Credit Counselors, Surveyors & Appraisers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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