Posted 2/21/2024, 3:30:00 PM
Architectural Services Market to Reach $834 Billion by 2031 amid Booming Construction and Urban Development
- Global architectural services market to reach $834.84 billion by 2031 with a CAGR of 9.8% from 2023-2031
- Market segmented by service type (advisory, project management, engineering, etc.) and end-use (education, healthcare, hospitality, etc.)
- Construction & project management significant share of revenue due to role in ensuring successful execution
- Urban planning segment to dominate with 6.4% CAGR amid government development initiatives
- Asia Pacific holds largest market share, reflecting dynamic regional growth & development