GITNUX MARKETDATA REPORT 2024
Architectural Services Industry Statistics
The architectural services industry is expected to experience steady growth due to increasing demand for sustainable and innovative design solutions in both commercial and residential sectors.
In this post, we will explore a plethora of statistics surrounding the architectural services industry, shedding light on its economic impact, employment figures, market trends, and global outlook. From revenue figures and workforce statistics to market segments and growth projections, these insights offer a comprehensive view of the dynamic landscape of architectural services on both a national and international scale. Let’s delve into the numbers shaping this vibrant sector.
Statistic 1
"Architectural services in the US generates approx. $47 billion a year"
Statistic 2
"There are approximately 20,528 architectural service businesses in the US"
Statistic 3
"Employment in the architectural services industry in the US is approximately 129,388."
Statistic 4
"Revenue of the architectural services industry worldwide increased to around 129.7 billion U.S. dollars in 2020."
Statistic 5
"The annual growth of the architectural services industry from 2015-2020 was 1.4%"
Statistic 6
"The forecast market size of the architectural services industry worldwide, in 2025, is set to reach around 174.2 billion U.S dollars."
Statistic 7
"Architectural services industry contributed to about 0.1% of the Gross Domestic Product of Australia in 2020."
Statistic 8
"Architectural and related services in Canada employs about 35,400 people."
Statistic 9
"Architectural and related activities employment in the United Kingdom decreased to about 81,000 in Q2 2021."
Statistic 10
"In the UK, architectural activities sector had an approximate gross value added (GVA) of 910 million British pounds in Q2 2021."
Statistic 11
"There was a -1.3% growth in the architectural, engineering and related services industry, in terms of real GDP, in Canada in 2020."
Statistic 12
"North American market constituted about 30% of the global architectural, engineering consultants and related services market, in 2020."
Statistic 13
"The Asia Pacific region is expected to have the highest CAGR in the architectural, engineering consultants and related services market, during 2021-2027."
Statistic 14
"The online architectural, engineering and related services market segment revenue is expected to reach around $14.9 billion by 2023."
Statistic 15
"Global architectural and engineering consultants and similar services market witnessed a 5.4% decline in 2020, due to the Covid-19 impact."
Statistic 16
"The architecture services industry in the U.S. experienced an estimated 2.1% decline in operations due to COVID-19 pandemic."
Statistic 17
"In Europe, architectural and engineering activities and related technical consultancy had a turnover of approximately 265 billion euros in 2016."
Statistic 18
"The Workforce of architectural services in Australia is expected to grow at an annualized 1.8% over the five years through 2024-25, to 28,300."
Statistic 19
"The largest market segment in the architectural industry is commercial building design, accounting for 43.2% of the industry revenue."
Statistic 20
"Architectural, engineering consultants and related services market in India, regarding Facility Management, grew at a CAGR of over 22% during 2016-2020."