	Standard Report	Premium Report
Current State of the Industry
Market Size (industry trends)
Market Forecast (5-year projection)
Products/Services Breakdown
Revenue per State
Financial Metrics
Salary & Compensation Statistics
Public Company Information
Key Private Companies
Government Vendors
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2024 U.S. Industry Statistics & Market Forecast - Professional, Scientific, and Technical Services

Published: December 2024

Market Size & Industry Statistics

The total U.S. industry market size for Professional, Scientific, and Technical Services: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics	2019 2020 2021 2022 2023
Market Size (Total Sales/Revenue)		Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee

Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.

Forecast / Industry Outlook	2024	2025	2026	2027	2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)

Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Professional, Scientific, and Technical Services industry include:

Increased reliance on artificial intelligence and automation
Shift towards remote and flexible work arrangements
Growing importance of cybersecurity measures
Rising demand for specialized expertise
Expansion of interdisciplinary approaches
Emphasis on sustainable and environmentally friendly practices
Heightened regulatory and compliance requirements
Greater focus on data privacy and protection
Increased use of data analytics and big data
Integration of cloud computing technologies
Surge in freelance and gig economy workers
Adoption of advanced communication and collaboration tools
Emphasis on continuous learning and skill development
Growing influence of generational changes in workforce dynamics
Expansion in emerging markets

Product & Services Breakdown

Research products and services in the Professional, Scientific, and Technical Services industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description	Number of Companies	Sales ($ millions)	Percent of Total Sales
Industry Total
Maintenance And Repair - Computer Hardware And Peripheral Equipment
Digital Photo And Photofinishing Services
Temporary Staffing Services
Construction Management Services
Project Management Services
System Software Publishing
Application Software Publishing
Information Technology (It) Technical Consulting Services
Application Service Provisioning, With Or Without Integration Of Related Services
Business Process Management Services, Including Financial, Human Resources, Supply-Chain, Customer Relations, And Vertical Marke
Printing Services
Website Hosting Services, With Or Without Integration Of Related Services
Data Storage Services
Video And Audio Streaming Services
Internet Access Services - Broadband (I.E., Always-On)
Legal Services, Civil Law - Real Estate Law
Legal Services, Civil Law - Wills, Estates, And Trusts
Legal Services, Civil Law - Family Law
Legal Services, Civil Law - Business And Commercial Law
Legal Services, Civil Law - Civil Negligence
Legal Services, Civil Law - Labor And Employment Law
Legal Services - Other Civil Law
Tax Auditing Services
Billing Services, Including Medical Billing
Bookkeeping And Compilation Services
Architectural Services For Non-Residential Building Projects
Landscaping Services, Commercial And/Or Residential
Specific Element Inspection Services
All Other Inspection Services
Full-Service Interior Design Services
Interior Decorating Services
Basic And Applied Research In The Physical And Engineering Sciences
Consumer Credit Counseling And Credit Repair Services
Visual Inspection Of Electric Transmission Lines, Gas Lines, Or Pipelines
Pet Care Services
Business Brokering Services
Legal Services, Criminal Law
Arbitration And Mediation Services
Legal Research And Document Services
Process Server Services
Notarization And Certification Services
Expert Witness Services
Distributions From Law Partnerships To Professional Corporations/Associations
Financial Auditing Services
Financial Statement Review, Engagement, And Agreed-Upon Procedures For Financial Information
Other Financial Assurance And Related Services
Non-Financial Assurance And Related Services
General Accounting Services
Payroll Accounting Services
Tax Planning And Consulting Services
Tax Preparation And Representation Services - Individuals And Unincorporated Businesses
Tax Preparation And Representation Services - Corporate And Other Clients
Computerized Accounting Systems Services
Personal Financial Planning Services
Architectural Services For Residential Building Projects
Historical Restoration Architectural Services
Architectural Consulting Services (Include Expert Witness Services.)
Landscape Architectural Services For Residential Building Projects
Landscape Architectural Services For Non-Residential Building Projects
Landscape Architectural Services For Recreational And Open Space Projects
Urban Planning Services
Urban Planning Consulting Services (Include Expert Witness Services.)
Project Site Master Planning Services
Research And Development
Geospatial Photo And Image Acquisition
Geospatial Photo And Image Processing
Integrated Surveying And Mapping Services
Gis (Geographic Information System) Custom Software Design And Development Services
Geophysical Data Collection
Geophysical Data Processing
Integrated Geophysical Services
Geophysical Data Sales
Geophysical Consulting Services (Include Expert Witness Services.)
Custom Application Design And Development Services
Network Design And Development Services
Computer Systems Design, Development, And Integration Services
It Infrastructure And Network Management Services
Information Technology (It) Technical Support Services
Licensing Of Rights To Reproduce And Distribute Computer Software Protected By Copyright
Rental And Leasing Of Computer Hardware
Information Technology (It) Related Training Services
Advertising Placement Services (Include Bundled Placement And Creative Services.)
Advertising Creative Services Billed Separately (Include Graphic Design Services.)
Sales Promotion Services
Direct Marketing Services
Public Relations Services
Media Planning And/Or Buying Services
Media Representation Services
Display Advertising Services
Direct Mail Advertising Services
Distribution Of Advertising Materials, Other Than By Mail
Coordination Of Production And Delivery Of Premiums (I.E., Advertising Specialties)
Product Or Merchandise Demonstrations
Signs, Custom Fabrication, Including Banners, A-Frame, Neon, And Outdoor
Other Services Related To Advertising
Marketing Research Services
Public Opinion Research/Polling Services
Statistical Sampling And Survey Design Services
Portrait Photography Services
Wedding Photography Services
Other Special Event Photography Or Video Services
Commercial Or Industrial Photography Services
Other Photography Services
Translation And Interpretation Services
Veterinary Services
Weather Forecasting Services
Appraisal Services, Excluding Real Estate
Commodity Inspection Services
Arbitration, Mediation, And Conciliation Services
Engineering Services For Residential Building Projects
Engineering Services For Commercial, Public, And Institutional Building Projects
Engineering Services For Industrial And Manufacturing Projects
Engineering Services For Transportation Projects
Engineering Services For Municipal Utility Projects
Engineering Services For Telecommunications And Broadcasting Projects
Engineering Services For Hazardous And Industrial Waste Systems Projects
Engineering Services For All Other Projects
Engineering Advisory And Consulting Services, Performed Independently Of An Engineering Project (Include Forensic Investigation.
Engineering Services For Power Generating Unit Projects
Engineering Services For Power Transmission And Distribution Projects (Overhead And Underground)
Design-Build And General Contractor Services (Include Design-Bid-Build Construction Services.)
Home Inspection Services (Include Only Buildings With Fewer Than Four Residences.)
New Home Construction Inspection Services
Commercial Building Inspection Services
Environmental Hazard Detection Services (Include Asbestos, Lead-Based Paint, Radon, And Mold.)
Mechanical Drafting Services
Steel Detailing Drafting Services
Architectural Drafting Services
Interior Design Services
Industrial Design Services
Drafting Services
Graphic Design Services
Clothing Design Services
Other Specialized Design Services
Strategic Management Consulting And Implementation Services
Financial Management Consulting And Implementation Services
Marketing Management Consulting And Implementation Services
Human Resources Management Consulting And Implementation Services
Operations And Supply Chain Management Consulting And Implementation Services
Actuarial Consulting Services, Excluding Employee Pensions And Other Benefits
Scientific/Technical Consulting Services, Excluding Environmental
All Other Consulting Services
Environmental Assessments
Environmental Audits
Site Remediation Planning Services
Evaluation Of Environmental Studies
Natural Resource Management Consulting Services
Waste Management Consulting Services
Environmental Policy Development Consulting Services
All Other Environmental Consulting/Services
Economic Consulting Services
Agricultural, Fisheries, And Biological Consulting Services
Energy, Mining, Geological, And Geophysical Consulting Services
Safety And Security Consulting Services
Other Scientific And Technical Consulting Services
Management Consulting Services
Other Management Services
Testing Services (Physical Or Product), Excluding Medical And Veterinary Services
Calibration Of Instruments And Reference Materials
Product Certification Services
Commercial Inspection Services
Consulting Services For Testing And Related Fields (Include Expert Witness Services.)
Basic And Applied Research In Biotechnology
Basic And Applied Research In The Life Sciences (Exclude Biotechnology.)
Basic And Applied Research In The Social Sciences And Humanities
Development Services For Goods
Development Services For Service Products Processes, Systems, Or Methods
Outright Sale Of Original Works Of Intellectual Property
Advisory And Consulting Services For Research And Development Activities
Engineering Services
Survey And Mapping Services, Excluding Geophysical Services
Geophysical Surveying Services
Licensing Of Rights To Use Intellectual Property
Resale Of Merchandise
All Other Receipts
Contributions, Gifts, And Grants - Government
Contributions, Gifts, And Grants - Private
Investment Income, Including Interest And Dividends
All Other Revenue

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

	Industry Average	Percent of Sales (Industry Benchmark)
Total Revenue	Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit Net Income

Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Professional, Scientific, and Technical Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation Ratios	Industry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Professional, Scientific, and Technical Services industry is performing.
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Professional, Scientific, and Technical Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity Ratios	Industry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance Indicators	Industry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

Title	Percent of Workforce	Bottom Quartile
Management Occupations	12%	Order at top of page
Top Executives	7%
Chief Executives	0%
General and Operations Managers	7%
General and Operations Managers	4%
Advertising, Marketing, Promotions, Public Relations, and Sales Managers	7%
Operations Specialties Managers	6%
Other Management Occupations	5%
Business and Financial Operations Occupations	18%
Business Operations Specialists	12%
Logisticians and Project Management Specialists	5%
Management Analysts	12%
Management Analysts	12%
Market Research Analysts and Marketing Specialists	5%
Market Research Analysts and Marketing Specialists	5%
Financial Specialists	6%
Accountants and Auditors	32%
Accountants and Auditors	32%
Tax Examiners, Collectors and Preparers, and Revenue Agents	7%
Tax Preparers	7%
Computer and Mathematical Occupations	18%
Computer Occupations	17%
Computer and Information Analysts	7%
Computer Systems Analysts	5%
Computer Support Specialists	8%
Computer User Support Specialists	7%
Database and Network Administrators and Architects	6%
Software and Web Developers, Programmers, and Testers	9%
Software Developers	6%
Architecture and Engineering Occupations	9%
Architects, Surveyors, and Cartographers	9%
Architects, Except Naval	7%
Architects, Except Landscape and Naval	6%
Engineers	5%
Civil Engineers	10%
Civil Engineers	10%
Drafters, Engineering Technicians, and Mapping Technicians	13%
Drafters	6%
Engineering Technologists and Technicians, Except Drafters	5%
Life, Physical, and Social Science Occupations	24%
Life Scientists	11%
Biological Scientists	5%
Medical Scientists	5%
Medical Scientists, Except Epidemiologists	5%
Physical Scientists	7%
Social Scientists and Related Workers	18%
Miscellaneous Social Scientists and Related Workers	10%
Life, Physical, and Social Science Technicians	14%
Chemical Technicians	6%
Chemical Technicians	6%
Social Science Research Assistants	10%
Social Science Research Assistants	10%
Legal Occupations	7%
Lawyers, Judges, and Related Workers	37%
Lawyers and Judicial Law Clerks	37%
Lawyers	37%
Legal Support Workers	25%
Paralegals and Legal Assistants	22%
Paralegals and Legal Assistants	22%
Arts, Design, Entertainment, Sports, and Media Occupations	41%
Art and Design Workers	39%
Designers	36%
Graphic Designers	16%
Interior Designers	17%
Media and Communication Workers	11%
Public Relations Specialists	8%
Public Relations Specialists	8%
Media and Communication Equipment Workers	56%
Photographers	52%
Photographers	52%
Healthcare Practitioners and Technical Occupations	23%
Healthcare Diagnosing or Treating Practitioners	9%
Veterinarians	9%
Veterinarians	9%
Health Technologists and Technicians	14%
Health Practitioner Support Technologists and Technicians	13%
Veterinary Technologists and Technicians	13%
Healthcare Support Occupations	12%
Other Healthcare Support Occupations	12%
Miscellaneous Healthcare Support Occupations	12%
Veterinary Assistants and Laboratory Animal Caretakers	12%
Personal Care and Service Occupations	9%
Animal Care and Service Workers	8%
Animal Caretakers	8%
Animal Caretakers	8%
Sales and Related Occupations	6%
Sales Representatives, Services	13%
Advertising Sales Agents	9%
Advertising Sales Agents	9%
Office and Administrative Support Occupations	15%
Financial Clerks	15%
Bookkeeping, Accounting, and Auditing Clerks	9%
Bookkeeping, Accounting, and Auditing Clerks	9%
Information and Record Clerks	12%
Receptionists and Information Clerks	7%
Receptionists and Information Clerks	7%
Secretaries and Administrative Assistants	14%
Secretaries and Administrative Assistants	14%
Legal Secretaries and Administrative Assistants	11%
Other Office and Administrative Support Workers	6%
Office Clerks, General	5%
Office Clerks, General	5%
Production Occupations	16%
Other Production Occupations	13%
Inspectors, Testers, Sorters, Samplers, and Weighers	13%
Inspectors, Testers, Sorters, Samplers, and Weighers	13%

Source: Bureau of Labor Statistics

Professional, Scientific, and Technical Services Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Professional, Scientific, and Technical Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Professional, Scientific, and Technical Services industry and adjacent sectors:

Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry	Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.	Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Professional, Scientific, and Technical Services industry.

Source:

Innovation News

Recent Federal Contracts for Professional, Scientific, and Technical Services

Apr 02, 2024: BEYER BLINDER BELLE, ARCHITECTS AND PLANNERS, LLP (Washington, DC) awarded $1,986,989
Apr 02, 2024: ABT ASSOCIATES INC. (Rockville, MD) awarded $51,230
Apr 02, 2024: GRADCO, LLC (Boston, MA) awarded $391,175
Apr 02, 2024: EPOCH CONCEPTS, LLC (Littleton, CO) awarded $3,537,819
Apr 02, 2024: HOUSER WALKER ARCHITECTURE, LLC (Atlanta, GA) awarded $1,097,263
Apr 02, 2024: AMERICAN INSTITUTES FOR RESEARCH IN THE BEHAVIORAL SCIENCES (Arlington, VA) awarded $294,291