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(USGovernment-News.Com, December 26, 2018 ) The Business Research Company’s global services market analysis covers the year-on-year growth of the global services market historic and forecast growth. It also includes chapters on the services market trends, geographical analysis, and competitive landscape.
The global services market is forecast to grow at a CAGR (compound annual growth rate) of around 6.5% by 2020.
Services Market Segmentation According to TBRC’s global services market research, the market is split by segments into Commercial Services, Real Estate, Leasing, Civic Services, and Personal Services. Commercial Services are individuals or businesses that perform support activities for the day-to-day operations of other businesses or organizations. This is the largest segment in market with the market share of around 35% of the total market. Real Estate are individuals or businesses that arrange selling, renting or managing properties and other buildings for a fee. They are mainly engaged in the marketing of property which is available for sale or rent or in the management and upkeep of properties on behalf of their owners or tenants. Leasing provides the use of a wide range of tangible goods such as consumer goods, industrial machinery and equipment, automobiles and others to customers in return for a periodic rental or lease payment.
Leasing had the highest CAGR (compound annual growth rate) of 10% during 2013-2017; this segment is expected to grow at a CAGR of 10.5% during 2017-2021.
The global services market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
The global Commercial Services, Real Estate, Leasing, Civic Services, and Personal Services market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the report are CBRE, Southern Baptist churches, Jones Lang LaSalle Inc., World Food Programme and Unicef.
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