Services Market Global Report 2020-30: Covid 19 Impact and Recovery

The Business Research Company published its Services Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Services market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.

The report covers the Services market’s segments- by type into civic services, real estate, leasing, commercial services, personal services, repair and maintenance. Subsegments covered are religious organizations, NGOs and charitable organizations, political organizations, unions and associations, real estate rental, real estate agency and brokerage, automotive equipment leasing, consumer goods and general rental centers, machinery leasing, lessors of nonfinancial intangible assets, office administrative services, facilities support services, employment services, business support services, travel arrangement and reservation services, waste management and remediation services, investigation and security services, services to buildings and dwellings, other support services, personal care services, death care services, dry-cleaning and laundry services, other personal services, private households, automotive repair and maintenance, commercial and industrial machinery and equipment repair and maintenance, electronic and precision equipment repair and maintenance, personal goods repair and maintenance.

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 Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

The global services market is expected to grow from $11.85 trillion in 2019 to $11.94 trillion in 2020 at a compound annual growth rate (CAGR) of 0.8%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $14.73 trillion in 2023.

The proliferation of data and the sophistication of analytical tools has enabled service companies to add to their offering. Descriptive and predictive analytics have become critical for many service companies as they generate actionable data insights. Human services agencies are using descriptive analytics for simple reporting or to detect non-compliance after transactions were completed. Predictive analytics can increase understanding of the relative effectiveness of different programs so that resources can be smartly targeted for better results.

 Few Points From Table Of Content:

1. Executive Summary

2. Report Structure

3. Services  Market Characteristics

4. Services  Market Product Analysis

5. Services  Market Supply Chain

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21. Key Mergers And Acquisitions In The Services Market

22. Recommendations

23. Appendix

24. Copyright And Disclaimer

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 Few Points from List Of Tables

Table 1: Historic Market Growth, Value ($ Billion)

Table 2: Forecast Market Growth, Value ($ Billion)

Table 3: Global Services Market, 2019, By Region, Value ($ Billion)

Table 4: Global Services Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region

Table 5: Global Services Market, Growth And Market Share Comparison, By Region

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Table 229: World Food Programme Financial Performance

Table 230: UNICEF Financial Performance

Table 231: Global Services Market In 2023- Growth Countries

Table 232: Global Services Market In 2023- Growth Segments

Table 233: Global Services Market In 2023- Growth Strategies

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