Specialized Design Services Market (Impact of COVID-19) Size, Status and Forecast 2020-2026
Harrisburg, NC -- (SBWIRE) -- 10/22/2020 -- The global specialized design services market is expected to grow from $127.6 billion in 2019 to $128.7 billion in 2020 at a compound annual growth rate (CAGR) of 0.9%. 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 $159.6 billion in 2023.
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Top leading Manufactures Profiled in Specialized Design Services Market Report are:
John Wood Group PLC; Altran Technologies; Gensler; Jacobs Engineering Group Inc; Arcadis NV
Specialized Design Services Market Scenario:
The specialized design services market consists of sales of specialized design services and related goods by entities (organizations, sole traders and partnerships) that plan, design and administer projects as reuired by client specifications. The specialized design services market does not include architectural, engineering and computer system design services. Specialized design services undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client.
North America was the largest region in the global specialized design services market, accounting for 35% of the market in 2019. Asia Pacific was the second largest region accounting for 28% of the global specialized design services market. Africa was the smallest region in the global specialized design services market.
Digital graphic design services are being widely used to promote brands and products. They are used to define brands, differentiating the brand from its competitors and eliciting responses more effectively than text. Many companies are posting content with graphic images on social media platforms such as Twitter and Facebook to communicate to their target group. Examples include infographics, and graphic storytelling. According to Content Marketing Institute B2B use of illustrations in content marketing grew from 69% in 2014 to 76% in 2015, thereby indicating an increasing use of graphic design in content marketing.
The key insights of the Specialized Design Services Market report:
?The report provides key statistics on the market status of the Specialized Design Services market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
?The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
?The Specialized Design Services market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
?The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
?The report estimates 2020-2026 market development trends of Specialized Design Services Market.
?Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
?The report makes some important proposals for a new project of Specialized Design Services Industry before evaluating its feasibility.
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In conclusion, Specialized Design Services market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Specialized Design Services Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234