ARCHITECTURAL SERVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market Concentration and Competitive Landscape

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Rising income levels and demand for modern architecture

Another key driver for the architectural services Market is the rising disposable income levels of consumers and their increasing aspirations for beautiful homes and offices. As living standards improve globally, both individuals and corporations are willing to pay more to incorporate innovative and aesthetically appealing designs into their properties. There is a growing preference for open plan layouts, ample natural lighting, smart, and eco-friendly features. People also want residential and commercial buildings that match international quality standards and brands. This has augmented the requirement for professional architectural expertise that understands global trends and can transform blueprints into breath-taking structures.

Higher income consumers in emerging markets like China, Brazil, India are fueling strong demand for luxurious villas, farmhouses, penthouses and glass facade offices. Even mid-income groups want upgraded designs and facilities in their projects. Architects thus need to constantly refine and diversify their skills according to the project budget and client needs. 

• Gensler
• AECOM
• Perkins and Will
• HOK
• HDR, Inc.
• Skidmore, Owings & Merrill LLP
• Jacobs
• IBI Group
• Aedas
• HKS
• Stantec
• Populous
• Callison RTKL
• Cannon Design
• Grimshaw Architects