PUBLISHER: IMARC | PRODUCT CODE: 1541117
PUBLISHER: IMARC | PRODUCT CODE: 1541117
The global architectural services market size reached US$ 364.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 520.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032.
Architectural services include planning and designing aesthetics of buildings and spaces that conform to zoning, codes, and safety requirements. These services also comprise programming, interior designing, feasibility studies, site selection, project management, building condition audits, renderings and promotional materials, full-time site representation, and multiple contract preparation. At present, with the flourishing construction industry, they are gaining traction in various architectural structures, ranging from infrastructure utilities like bridges and dams through commercial complexes for hospitals and factories to residential buildings, such as group housing and villas.
One of the key factors influencing the adoption of architectural services includes the escalating demand for feasible waste management designs and the rising number of infrastructure development projects. Architectural services are also used for retrofitting, refurbishment, renovation, and facility management. Moreover, the growing demand for modern homes with lavish interior designs on account of the increasing per capita incomes and changing lifestyles are also driving the market. Besides this, with the rising environmental concerns, the market players are offering various sustainable design services. Some of these services include analyzing material impact on health, design for well-being, ventilation and computational fluid dynamics, carbon accounting, and project sustainability assessment. Apart from this, governments of numerous countries are focusing on the refurbishment and reconstruction of historical and public infrastructures. Besides this, they are also investing in the construction of smart city infrastructures, which is anticipated to strengthen the growth of the architectural services market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global architectural services market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on service type and end use.
Architectural Advisory Services
Construction and Project Management Services
Engineering Services
Interior Designing Services
Urban Planning Services
Others
Education
Government
Healthcare
Hospitality
Industrial
Residential
Retail
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.