The services market consists of the sales of services and related goods earned by entities (organizations, sole traders and partnerships) that provide services. A service can be defined as a transaction between a buyer and a seller without the transfer of any physical goods or commodities. It mainly involves the use of resources, experience, skill, ingenuity, and intelligence.
The services market size is expected to reach $24 trillion by 2022, significantly growing at a CAGR of around 8% during the forecast period. Major players in the global services market include CBRE Group, Southern Baptist Churches, Jones Lang LaSalle Inc., World Food Programme, UNICEF, New World Development Company Limited, and Service Corporation International.
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Factors Driving the Growth of Global Services Market:
The growth in the services market is due increased disposable income in many developed and developing countries is driving the demand for personal, commercial and real estate services. However, the market for services is expected to face certain restraints from several factors such as skills shortages, rising costs and decreasing margins.
Detailed Segmentation - By Type:
The services market is segmented into Civic Services; Real Estate; Leasing; Commercial Services; Personal Services and Repair and Maintenance.
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Table Of Content
1. Executive Summary
2. Report Structure
3. Services Market Characteristics
4. Services Market Product Analysis
5. Services Market Supply Chain
6. Services Market Customer Information
7. Services Market Trends And Strategies
8. Services Market Size And Growth
9. Services Market Regional Analysis
10. Services Market Segmentation
11. Services Market Segments
12. Services Market Metrics
13. Asia-Pacific Services Market
14. Western Europe Services Market
15. Eastern Europe Services Market
16. North America Services Market
17. South America Services Market
18. Middle East Services Market
19. Africa Services Market
20. Services Market Competitive Landscape
21. Key Mergers And Acquisitions In The Services Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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