Professional Services: United States
This report forecasts US personal consumption expenditures (PCE) on professional services in US dollars to 2020. Expenditures are segmented by service type in terms of: portfolio management and related, banking, legal, securities trading, tax preparation and related, and other services.
To illustrate historical trends, total spending and the various segments are provided in annual series from 2005 to 2015. A Market Environment section provides pertinent background on historical trends, key economic indicators, regulatory factors, and new payment technologies. A Segmentation and Forecasts section defines services, discusses market drivers and constraints, identifies substitute services when applicable, and assesses the impact of key drivers and constraints on each service segment over the forecast period.
Further analysis includes an Industry Structure section, which surveys the supply base and profiles the leading firms competing in the US market. A one-page, introductory Highlights section summarizes key findings from this 26-page report, and a Resources section lists contributing sources as well as resources available for further research.
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