The global architectural services market size reached US$ 364.3 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 520.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.05% during 2023-2032.
Architectural services include planning and designing aesthetics of buildings and spaces that conform to zoning, codes, and safety requirements. These services also comprise programming, interior designing, feasibility studies, site selection, project management, building condition audits, renderings and promotional materials, full-time site representation, and multiple contract preparation. At present, with the flourishing construction industry, they are gaining traction in various architectural structures, ranging from infrastructure utilities like bridges and dams through commercial complexes for hospitals and factories to residential buildings, such as group housing and villas.
Some of these services include analyzing material impact on health, design for well-being, ventilation and computational fluid dynamics, carbon accounting, and project sustainability assessment. Apart from this, governments of numerous countries are focusing on the refurbishment and reconstruction of historical and public infrastructures. Besides this, they are also investing in the construction of smart city infrastructures, which is anticipated to strengthen the growth of the architectural services market in the coming years.
2. What is the expected growth rate of the global architectural services market during 2024-2032?
3. What are the key factors driving the global architectural services market?
4. What has been the impact of COVID-19 on the global architectural services market?
5. What is the breakup of the global architectural services market based on the service type?
6. What is the breakup of the global architectural services market based on the end use?
7. What are the key regions in the global architectural services market?
8. Who are the key players/companies in the global architectural services market?
Architectural services include planning and designing aesthetics of buildings and spaces that conform to zoning, codes, and safety requirements. These services also comprise programming, interior designing, feasibility studies, site selection, project management, building condition audits, renderings and promotional materials, full-time site representation, and multiple contract preparation. At present, with the flourishing construction industry, they are gaining traction in various architectural structures, ranging from infrastructure utilities like bridges and dams through commercial complexes for hospitals and factories to residential buildings, such as group housing and villas.
Architectural Services Market Trends:
One of the key factors influencing the adoption of architectural services includes the escalating demand for feasible waste management designs and the rising number of infrastructure development projects. Architectural services are also used for retrofitting, refurbishment, renovation, and facility management. Moreover, the growing demand for modern homes with lavish interior designs on account of the increasing per capita incomes and changing lifestyles are also driving the market. Besides this, with the rising environmental concerns, the market players are offering various sustainable design services.Some of these services include analyzing material impact on health, design for well-being, ventilation and computational fluid dynamics, carbon accounting, and project sustainability assessment. Apart from this, governments of numerous countries are focusing on the refurbishment and reconstruction of historical and public infrastructures. Besides this, they are also investing in the construction of smart city infrastructures, which is anticipated to strengthen the growth of the architectural services market in the coming years.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global architectural services market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on service type and end use.Breakup by Service Type:
- Architectural Advisory Services
- Construction and Project Management Services
- Engineering Services
- Interior Designing Services
- Urban Planning Services
- Others
Breakup by End Use:
- Education
- Government
- Healthcare
- Hospitality
- Industrial
- Residential
- Retail
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AECOM, Aedas, DP Architects Pte Ltd, Foster + Partners Limited, Gensler, HDR Inc., HKS Inc., HOCHTIEF Aktiengesellschaft (ACS Group), IBI Group Inc., Nikken Sekkei Ltd, Perkins&Will and Stantec Inc.Key Questions Answered in This Report
1. How big is the global architectural services market?2. What is the expected growth rate of the global architectural services market during 2024-2032?
3. What are the key factors driving the global architectural services market?
4. What has been the impact of COVID-19 on the global architectural services market?
5. What is the breakup of the global architectural services market based on the service type?
6. What is the breakup of the global architectural services market based on the end use?
7. What are the key regions in the global architectural services market?
8. Who are the key players/companies in the global architectural services market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Architectural Services Market
6 Market Breakup by Service Type
7 Market Breakup by End Use
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- AECOM
- Aedas
- DP Architects Pte Ltd
- Foster + Partners Limited
- Gensler
- HDR Inc.
- HKS Inc.
- HOCHTIEF Aktiengesellschaft (ACS Group)
- IBI Group Inc.
- Nikken Sekkei Ltd
- Perkins&Will
- Stantec Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 144 |
| Published | August 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 364.3 Billion |
| Forecasted Market Value ( USD | $ 520.8 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
