![Global Architectural Services Market](https://res.cloudinary.com/devmoveo/image/upload/v1685958946/skyquest/gallery/Global-Architectural-Services-Market.jpg)
Report ID: SQMIG45A2120
Report ID:
SQMIG45A2120 |
Region:
Global |
Published Date: March, 2024
Pages:
197
|
Tables:
73 |
Figures:
75
In 2023, the Asia Pacific region emerged as the dominant player in the global architectural services market, capturing the largest revenue share. This region is expected to continue its steady growth trajectory over the forecast period. The dominance of Asia Pacific can be attributed to several factors such as rapid urbanization, a growing population, and an increase in both residential and industrial construction projects. China, in particular, played a significant role in driving the market for architectural services due to the presence of major manufacturers and their efforts to establish new production plants.
Europe also accounted for a significant share in the architectural services market. The growth in this region can be attributed to the flourishing construction sector, particularly in the IT sector. Rising investments and the development of new infrastructure projects have contributed to the market's growth. The gradual resumption of construction activities for data center facilities, which were temporarily suspended due to the COVID-19 pandemic, along with the introduction of new IT projects, are expected to further drive the demand for architectural services in Europe over the forecast period.
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Report ID: SQMIG45A2120