According to the latest report by IMARC Group, titled ”Architectural Services Market Report by Service Type (Architectural Advisory Services, Construction and Project Management Services, Engineering Services, Interior Designing Services, Urban Planning Services, and Others), End Use (Education, Government, Healthcare, Hospitality, Industrial, Residential, Retail, and Others), and Region 2025-2033,” the global architectural services market reached a value of USD 378.5 Billion in 2024. Architectural services are provided by companies or individuals that cover the art, aesthetic, and science of the built environment. It comprises schematic designing, design development, construction documents, bidding, and construction administration. Some other architectural services include obtaining permits and variances from the government, conducting feasible studies, project management, site selection, building condition audits, programming, interior design, working drawings, creating restoration plans, rendering and promotional materials, and implementing construction contracts. Consequently, these services are widely adopted to design new residential, commercial, and industrial buildings, such as bridges, hospitals, factories, urban homes, and dams.
Global Architectural Services Market Trends:
The global architectural services market is majorly being driven by continuous investments in infrastructural projects, particularly in emerging economies, along with the growing construction activities of modern homes due to inflating incomes and evolving lifestyles. Along with this, governments of various nations are introducing policies to refurbish and reconstruct historical sites, which is further creating a demand for complex design and engineering requirements, such as architectural services. Additionally, the rising environmental concerns is facilitating the need for feasible waste management designs for green building, which is creating lucrative business opportunities for the key players in the market. Other than this, the widespread adoption of advanced designing techniques, such as three-dimensional (3D) technology and computer-aided design (CAD) applications, has enabled the introduction of new mode of presenting the design-build of the project, thereby promoting newer design possibilities and better visually appealing scaled model perspective. This, in turn, is creating a positive outlook for the market across the globe. Looking forward, the market value is projected to reach USD 526.9 Billion by 2033, expanding at a CAGR of 3.74% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Service Type, End Use, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | AECOM, Aedas, DP Architects Pte Ltd, Foster + Partners Limited, Gensler, HDR Inc., HKS Inc., HOCHTIEF Aktiengesellschaft (ACS Group), IBI Group Inc., Nikken Sekkei Ltd, Perkins&Will and Stantec Inc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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