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Hoover's Directories > Industry Overviews > Professional Services Sector

Professional Services Sector

  • Overview
  • Risks & Opportunities
  • Call Prep Questions

Industry Description

The US professional services industry includes about 770,000 firms with combined annual revenue of more than $1 trillion. Major firms include Booz Allen Hamilton, Computer Sciences Corporation (CSC), Gensler, IBM, Jacobs Engineering Group, Omnicom, PricewaterhouseCoopers, and Skadden, Arps, Slate, Meagher & Flom. The industry is highly fragmented: the 50 largest firms account for less than 20 percent of revenue.

SIC: 0741, 0781, 4731, 5199, 6541, 7221, 7291, 7311, 7312, 7313, 7319, 7331, 7335, 7336, 7361, 7371, 7373, 7376, 7379, 7389, 7819, 8111, 8711, 8712, 8713, 8721, 8731, 8732, 8734, 8741, 8742, 8743, 8999
NAICS: 541110, 541120, 541191, 541199, 541211, 541213, 541214, 541219, 541310, 541320, 541330, 541340, 541350, 541360, 541370, 541380, 541410, 541420, 541430, 541490, 541511, 541512, 541513, 541519, 541611, 541612, 541613, 541614, 541618, 541620, 541690, 541711, 541712, 541720, 541810, 541820, 541830, 541840, 541850, 541860, 541870, 541890, 541910, 541921, 541922, 541930, 541940, 541990
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Top 5 Companies

CompanySalesLocation
SOUTH AFRICAN CIVIL AVIATION23,423.19MMidrand, Gauteng
MMO2 PLC10,838.43MSlough, Berks
CSR Corporation Limited9,663.56MWan Chai, Hong Kong
SUPPLYING AUTOMOTIVE PARTS7,223.00MTehran, Iran
Agravis Raiffeisen AG4,930.53MMünster, Germany
Bullet - Yellow Arrow Box There are 1,036,850 companies in this industry. To view all of them, register now.

Industry Indicator

US corporate profits, an indicator of corporate demand for professional services, rose 7.9 percent in the third quarter of 2011 compared to the same period in 2010.
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Quarterly Industry Update

Forecast: Double-Digit Growth to Continue for Digital Advertising - Growth in US online advertising, which far outpaced growth in overall ad spending in 2011, is expected to continue. Spending on online advertising increased about...
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