There are two kinds of economic products (goods and services), two kinds of businesses (those that succeed and those that fail), and two kinds of customers (those that use Freedonia research and those that don’t). Freedonia, which has long been known for its coverage of goods, particularly industrial products, also maintains a rich catalog of research on the service sector.
Our market research provides vital intelligence on market size, business trends, industry structure, market share, and market forecasts that are essential to develop business plans and strategy.
The US services sector was worth about $18 trillion in 2021.
In advertising, media representatives remain the fastest growing segment, and are expected to overtake ad agencies to become the largest. Advances will be driven by consumers’ continued shift from linear TV to connected TV.
Employment services experienced a surge of revenue in 2021 as a tight labor market and rapidly reopening economy generated elevated levels of demand for temporary staffing services. Coming off this high base, firms are expected to record short-term declines as the economy returns to normal.
The recreation service market grew nearly 33% in 2022 as COVID-19 restrictions relaxed.
This report forecasts to 2028 US car and truck rental revenues in nominal US dollars. Total revenue is segmented by source in terms of: airport passenger car rental, off-airport passenger car rental, and truck rental.
This report forecasts to 2028 US advertising services revenues in nominal US dollars. Total demand is segmented by establishment type in terms of: advertising agencies; media representatives; public relations agencies; media buying agencies; direct distribution advertisers; display advertisers; advertising material distributors; and other advertising services establishments such as display lettering, product demonstration, and welcoming services.
This report forecasts to 2028 US janitorial equipment and supplies demand in nominal US dollars at the manufacturer level.
This report forecasts to 2028 US sales of industrial supplies in nominal US dollars at the wholesale level. Total sales are segmented by product in terms of: industrial containers; industrial valves and fittings; mechanical power transmission; abrasives; mechanical rubber goods; strapping and tape; welding supplies; ink and printing; hardware; other supplies such as automotive parts, pipes and tubing, and pumps and compressors.
This report forecasts to 2028 US metal services revenues in nominal US dollars at the wholesale level. Total revenues are segmented by product in terms of: ferrous metals and nonferrous metals.
This report forecasts to 2028 US data processing and hosting revenues in nominal US dollars. Total demand is segmented by source in terms of: data processing and hosting, IT design and development, IT technical consulting, IT technical support, information and document transformation, and other sources.
This report forecasts from 2024 to 2028 the US Buy Now, Pay Later (BNPL) market in nominal US dollars. The total market is also provided for 2023.
This report forecasts to 2021 and 2025 US air transport services revenue in nominal US dollars.
This report forecasts US pet service sales in nominal US dollars for 2024-2028. To illustrate historical trends, total sales and the various segments are provided in annual series from 2019 to 2023.
This report forecasts to 2028 US freight services revenues in nominal US dollars.