How big is the Architectural Services Market?

The Architectural Services Market size is expected to reach USD 351.69 billion in 2024 and grow at a CAGR of 5.35% to reach USD 485.24 billion by 2029. Read More

What is the current Architectural Services Market size?

In 2024, the Architectural Services Market size is expected to reach USD 351.69 billion. Read More

Who are the key players in Architectural Services Market?

IBI Group, Aedas, AECOM, HDR Architecture, Inc. and Gensler are the major companies operating in the Architectural Services Market. Read More

Which is the fastest growing region in Architectural Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Architectural Services Market?

In 2024, the Asia Pacific accounts for the largest market share in Architectural Services Market. Read More

What years does this Architectural Services Market cover, and what was the market size in 2023?

In 2023, the Architectural Services Market size was estimated at USD 332.87 billion. The report covers the Architectural Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Architectural Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major factors driving the Architectural Services Market?

The major factors driving the Architectural Services Market are a) Growing need to renovate and restore existing buildings drives demand for architectural expertise b) Growth in international architectural firms and collaboration on projects across borders Read More

Architectural Services Market Report | Industry Trends, Size & Growth Analysis

Architectural Services Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Report Covers Global Architectural Services Market Share and Forecast and is Segmented by End User (Residential, Education, Healthcare, and Corporate) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Segments.

Architectural Services Industry Overview

The degree of competitive rivalry in the market studied is high and expected to remain the same during the forecast period. The architectural services market comprises several global and regional players like IBI Group, Aedas, AECOM, HDR Architecture Inc., and Gensler in a contested market space. Although the market poses high barriers to entry for new players, several new entrants have gained traction. Players in the market are adopting strategies such as partnerships and expansions to enhance their product offerings and achieve a sustainable competitive advantage.

February 2024: CannonDesign announced its collaboration with SRG Partnership, an energetic firm specializing in architecture, interior design, and planning, with offices in Portland, Oregon, and Seattle, Washington. Both firms are dedicated to creating environments that promote the growth of individuals, communities, and the environment. They will enhance their influence across the Pacific Northwest and nationwide, establishing new benchmarks for innovative design in the fields of health and wellness, education, science and technology, sports and recreation, and culture.
February 2024: In a strategic move that marked a significant expansion of its services and market reach, Designblendz, a key architecture and 3D visualization firm known for its innovative approach to multi-family and commercial design, announced the merger with the architecture and interior design firm, IEI Group. This consolidation is poised to elevate the quality of architectural and design services, merging state-of-the-art technology with a distinguished history of design superiority.