Future of the Global Design, Research, Promotional And Consulting Services Market: Growth Projections and Key Trends (2025-2034)
What is
the present valuation and projected CAGR of the design, research, promotional
and consulting services market?
The design, research, promotional and consulting services market size has grown
strongly in recent years. It will grow from $4541.12 billion in 2024 to
$4774.95 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The
growth in the historic period can be attributed to technological advancements,
globalization, marketing and advertising, consumer behavior.
The design, research, promotional and consulting services market size is
expected to see strong growth in the next few years. It will grow to $5994.83
billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in
the forecast period can be attributed to digital transformation, economic
conditions, environmental concerns, regulatory changes. Major trends in the
forecast period include data analytics and ai, sustainability and csr,
e-commerce and online presence, remote work and collaboration tools.
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What key drivers have fueled the design, research, promotional and consulting
services market’s development over the years?
Stable economic growth is expected to propel the growth of the design,
research, promotional, and consulting services market going forward. For
instance, in September 2023, according to the report published by the
Conference Board, a US-based non-profit organization, real GDP will increase by
2.9% globally in 2023. According to another report published in June 2023, by
the Organisation for Economic Co-operation and Development, a France-based
intergovernmental organization, global GDP growth in 2023 is projected to be
2.7%. Additionally, the OECD's Interim Report published in September 2023 projects
that the global economy would expand by 3.0% in 2023. Stable economic growth is
expected to increase investments in end-user markets, thereby driving the
market during the forecast period.
What is the segmentation for the design, research, promotional and consulting
services market?
The design, research, promotional and consulting services market covered in
this report is segmented –
1) By Type: Photographic Services, market Research Services, Advertising,
Public Relations, And Related Services, Scientific Research And Development
Services, Environmental Consulting Services, Management Consulting Services,
Specialized Design Services, Architectural, Engineering Consultants And Related
Services
2) By Mode: Online, Offline
3) By Service Provider: Large Enterprise, Small and Medium Enterprise
Subsegments:
1) By Photographic Services: Commercial Photography, Industrial Photography,
Portrait Photography, Event Photography, Aerial Photography
2) By market Research Services: Consumer Research, Business-To-Business (B2b)
Research, Product Research, Advertising Research, Social Research
3) By Advertising: Digital Advertising, Print Advertising, Television And Radio
Advertising, Outdoor Advertising, Social Media Advertising, Influencer
marketing
4) By Public Relations And Related Services: Media Relations, Crisis
Communication, Event Management, Corporate Communications, Social Media
Management
5) By Scientific Research And Development Services: Life Sciences Research,
Physical Sciences Research, Engineering Research And Development, Medical
Research, Agricultural Research, Environmental Research
6) By Environmental Consulting Services: Environmental Impact Assessments,
Sustainability Consulting, Waste Management Services, Water And Air Quality
Testing, Environmental Remediation Services
7) By Management Consulting Services: Strategy Consulting, Operational
Consulting, Financial Advisory, Human Resources Consulting, It Consulting, Risk
Management Consulting
8) By Specialized Design Services: Graphic Design, Industrial Design, Fashion
Design, Interior Design, Web Design, UX/UI Design
9) By Architectural Services: Urban Planning, Residential Architecture,
Commercial Architecture, Landscape Architecture, Interior Architecture
10) By Engineering Consultants And Related Services: Civil Engineering
Consulting, Electrical Engineering Consulting, Mechanical Engineering
Consulting, Structural Engineering Consulting, Environmental Engineering
Consulting
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Who are the most influential companies in the design, research, promotional and
consulting services market?
Major companies operating in the design, research, promotional and consulting
services market include Accenture plc, Deloitte Touche Tohmatsu Limited, Total
SA, PowerChina, WPP plc, PricewaterhouseCoopers International Limited, Ernst
& Young, Omnicom Group Inc., Jacobs Engineering Group Inc., Fluor
Corporation, Power Construction Corporation of China Ltd., International
Business Machines Corporation, McKinsey & Company Inc., Boston Consulting
Group Inc., Bain & Company Inc., KPMG International Limited, Nielsen
Holdings plc, Ipsos SA, GfK SE, Kantar Group Holdings Limited, Forrester
Research Inc., International Data Corporation, Frost & Sullivan Inc.,
Navigant Consulting Inc., ICF International Inc., Booz Allen Hamilton Holding
Corp., Kearney, Oliver Wyman Group Inc., Mercer Inc., Willis Towers Watson
Holdings plc, Marsh & McLennan Companies Inc., Huron Consulting Group Inc.,
FTI Consulting Inc., AlixPartners UK LLP, Alvarez & Marsal Holdings LLC.
What are the top industry trends projected to impact the design, research,
promotional and consulting services market?
Companies in the design, research, promotional, and consulting services market
are shifting from the traditional per-hour and per-month revenue models to a
value-oriented revenue model. In line with increasing wages and pressure from clients
to lower pricing, many companies are shifting towards value-oriented billing.
Value-oriented billing is easy to apply in markets such as management
consulting and market research since the value (such as tax savings, damage
awards, ad placements, or the size of an acquisition or merger) is often
explicit. It is expected that more design, research, promotional, and
consulting service providers will shift to value-based pricing as they try to
become 'advisors' rather than just service providers.
What are the major regional insights for the design, research, promotional and
consulting services market, and which region holds the top position?
North America was the largest region in the design, research, promotional and
consulting services market in 2023. Western Europe was the second largest
region in design, research, promotional and consulting services market. The
regions covered in the design, research, promotional and consulting services
market report are Asia-Pacific, Western Europe, Eastern Europe, North America,
South America, Middle East, and Africa.
What Does The Design, Research, Promotional And Consulting Services Market
Report 2025 Offer?
The design, research, promotional and consulting services market research
report from The Business Research Company offers global market size, growth
rate, regional shares, competitor analysis, detailed segments, trends, and
opportunities.
A design is a plan or something made in the arts or fashion. It is a strategy
for arranging elements in the most effective way to achieve a specific goal.
Research is described as the creation of new knowledge and/or the creative
application of existing knowledge to generate new concepts, methodologies, and
understandings. Promotional services are those that aid in spreading the word
about a given good, service, or business. Consulting services refer to the
delivery of knowledge or strategic counsel that is made available for
consideration and judgement.
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