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This report provides strategists, marketers and senior management with the critical information they need to assess the global services market as it emerges from the COVID-19 shut down.
The global services market is expected to grow from $10814. 49 billion in 2020 to $11780. 11 billion in 2021 at a compound annual growth rate (CAGR) of 8. 9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $15683. 84 billion in 2025 at a CAGR of 7%.