A service is an intangible commodity, where the buyer normally, except by exclusive contract, obtains exclusive ownership of the thing purchased. The services market comprises of administrative services, real estate housing, rental and leasing services and general services.
Housing was the largest segment market in the services market with 34% of the global market. Other real estate was the second largest segment with 18.6% of the market. Business support services were the third largest segment with 7.9% of the market.
The Americas was the largest region in the services market in 2016, accounting for 36% market share. Asia was the second largest region accounting for 30% market share. Europe was the third largest region accounting for 29% market share.
Predictive and Descriptive Analytics-The proliferation of data and the sophistication of analytical tools has enabled service companies to add to their offering. Descriptive and predictive analytics have become critical for many service companies as they generate actionable data insights. Human services agencies are using descriptive analytics for simple reporting or to detect non-compliance after transactions were completed. Predictive analytics can increase understanding of the relative effectiveness of different programs so that resources can be smartly targeted for better results.
Services Market Characteristics 4
Services Market Historic Growth 5
Drivers of the Market 5
Restraints on the Market 6
Services Market Forecast 7
Drivers of the Market 7
Restraints on the Market 8
Services Market Comparison With Other Markets 9
Services Market Historic and Forecast Growth Comparison With Other Markets 11
Services Market Segmentation 13
Other real estate 13
Business support services 13
Employment services 13
Lessors of nonfinancial intangible assets 13
Services Market Geography Split 15
Services Market Competitors 17
China Vanke 18
Adecco SA 18
Services Market Key Mergers and Acquisitions 20
Services Market Trends and Strategies 21
Predictive and Descriptive Analytics 21
Employees Are Moving Away From Long Term Employment 21
Shift To Online Services 21
Non Traditional Partnerships 21
Research Methodology 22
NAICS Definitions Of Industry Covered In This Report 22
Research Inquiries 35
The Business Research Company 35
Figure 1: Global Services Market, Historic Market Size, 2012-2016, $ Billion 5
Figure 2: Global Services Market, Forecast Market Size, 2016-2020, $ Billion 7
Figure 3: Global Services Market Value, Comparison With Other Markets, 2016, $ Billion 9
Figure 4: Global Services Market, Historic and Forecast Growth Rate, Comparison With Other Industries, 2102-2020, Percentage (%) 11
Figure 5: Global Services Market, Split By Segment, 2016, $ Billion 13
Figure 6: Global Services Market, Split By Region, 2016, $ Billion 15
Figure 7: Global Services Market, Key Competitor Market Shares, 2015, Percentage (%) 17
Table 1: Global Services Market, Historic Market Size, 2012-2016, $ Billion 5
Table 2: Global Services Market, Forecast Market Size, 2016-2020, $ Billion 7
Table 3: Global Services Market Value, Comparison With Other Markets, 2016, $ Billion 9
Table 4: Global Services Market, Historic and Forecast Growth Rate, Comparison With Other Industries, 2102-2020, Percentage (%) 11
Table 5: Global Services Market, Split By Segment, 2016, $ Billion 14
Table 6: Global Services Market, Split By Region, 2016, $ Billion 16
Table 7: Global Services Market, Key Competitor Market Shares, 2015, Percentage (%) 18
Adecco, Randstad, China Vanke, Manpower, Hertz Global Holdings, The Priceline Group, Sun Hung Kai Properties, Avis Budget Group, Expedia
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