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Architectural Services Market Size, Share & Trends Analysis | 2019-2025

Architectural Services Market Size, Share & Trends Analysis


Architectural Services Market Overview

The global architectural services market size is expected to grow at a CAGR of 5.2% from 2019 to 2025 to reach USD 356.25 Billion by 2025. Growing demand for residential buildings and modern homes in developing countries such as China, India, Brazil, and Mexico is anticipated to boost the market growth. Additionally, the infrastructure repairing and restoration is further growing the demand for architectural services globally.

Urban planning services are gaining significant demand from both governments as well as the private sector as there are numerous smart city projects launched by various governments. For instance, the government of India has launched the ‘Smart Cities Project’, under which they are planning to transform 100 cities around the country into smart cities. Such projects demand a large number of services including project management, urban planning, waste management, construction, engineering and, designing services.

The residential sector is the largest end-user segment for architectural services with about 56% market share globally. The government segment is growing actively each year as the government investment in public infrastructure is increasing steadily for the last 5 years. For instance, the state & local governments in the U.S. spent nearly USD 246 Billion on developing transportation & water infrastructure in 2017.

Technological advancements, availability of advanced rendering software and machinery have significantly improved the service quality & delivering time. The demand for 3D modeling & rendering services has grown substantially in the last decade. The segment is expected to grow at a high growth rate over the forecast period.

Architectural Services Market Share Analysis

The architectural services market is highly competitive in nature with companies such as  AECOM, AEDAS, HDR Architects, Gensler dominating the market. Companies in this industry are focused on gaining large government projects such as Airports, Dams, Universities to gain maximum market share. Below is the list of companies included in this report:

  • Aedas
  • DP Architects
  • Foster & Partners Limited
  • Gensler
  • HDR Architecture
  • HKS, INC.
  • HOK
  •  IBI Group Inc.
  • Jacobs
  • Nikken Sekkei
  • PCL Constructors Inc.
  • Perkins & Will
  • Perkins Eastman
  • Stantec

Key Research Findings

  • North America is the largest market for architectural & engineering services, However, the Asia Pacific region holds high growth potential in upcoming years.
  • Engineering & Construction Services segment is expected to grow at a CAGR of 4.2% between 2019 to 2025.
  • The commercial segment is expected to grow at a moderate pace, the government segment to be the fastest-growing segment.
  • The market was dominated by companies such as AECOM, AEDAS, HDR Architects in 2018.

Architectural Services Market Segmentation

  • Architectural Services Market, By Product and Service Type (Revenue, USD Billion, 2015- 2025)
    • Architectural Advisory Services
    • Construction and Project Management Services
    • Engineering services, Interior Design Services
    • Urban Planning Services
    • Others
  • Architectural Services Market, By End-User Type (Revenue, USD Billion, 2015- 2025)
    • Education
    • Government
    • Healthcare
    • Hospitality
    • Industrial
    • Residential
    • Retail
    • Others
  • Architectural Services Market, By End-User Type (Revenue, USD Billion, 2015- 2025)
    • North America
      • U.S.
      • Canada
    • Europe
      • UK
      • Germany
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of South America
    • Middle East & Africa
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  • Report Information
  • Industry Report
  • Historic Data: 2015-2018
  • Base Year For Estimation: 2019
  • Forecast Period: 2020-2030
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