Other Professional, Scientific, and Technical Services - Market Size, Financial Statistics, Industry Trends

Industry Overview

This industry group comprises establishments engaged in professional, scientific, and technical services (except legal services; accounting, tax preparation, bookkeeping, and related services; architectural, engineering, and related services; specialized design services; computer systems design and related services; management, scientific, and technical consulting services; scientific research and development services; and advertising, public relations, and related services).
Source: U.S. Census Bureau

Other Professional, Scientific, and Technical Services Market Size

This report includes historical and forecasted market sizes and industry trends for Other Professional, Scientific, and Technical Services. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Other Professional, Scientific, and Technical Services industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Other Professional, Scientific, and Technical Services Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Other Professional, Scientific, and Technical Services Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Other Professional, Scientific, and Technical Services industry.

Geographic Breakdown by U.S. State

Other Professional, Scientific, and Technical Services market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Other Professional, Scientific, and Technical Services companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Other Professional, Scientific, and Technical Services
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" Other Professional, Scientific, and Technical Services company (both public and private companies are included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Other Professional, Scientific, and Technical Services industry accounting for the largest revenue sources.

Product Description Description Revenue
($ Millions)
Industry total

Included

Veterinary services
Marketing research services
Non-surgical treatment of animals
Routine veterinary examinations
All other operating receipts
Marketing research services, conducted over the internet
Surgical treatment of animals
Portrait photography services
Veterinary laboratory services

Compensation and Salary Surveys

Salary information for employees working in the Other Professional, Scientific, and Technical Services industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 4%

Included

Chief Executives 0%
General and Operations Managers 2%
Business and Financial Operations Occupations 8%
Business Operations Specialists 6%
Arts, Design, Entertainment, Sports, and Media Occupations 8%
Media and Communication Equipment Workers 53%
Photographers 50%
Photographers 50%
Healthcare Practitioners and Technical Occupations 23%
Health Diagnosing and Treating Practitioners 9%
Veterinarians 9%
Veterinarians 9%
Health Technologists and Technicians 14%
Health Practitioner Support Technologists and Technicians 14%
Veterinary Technologists and Technicians 14%
Healthcare Support Occupations 11%
Other Healthcare Support Occupations 11%
Miscellaneous Healthcare Support Occupations 11%
Veterinary Assistants and Laboratory Animal Caretakers 11%
Personal Care and Service Occupations 9%
Animal Care and Service Workers 9%
Nonfarm Animal Caretakers 9%
Nonfarm Animal Caretakers 9%
Sales and Related Occupations 11%
Retail Sales Workers 6%
Office and Administrative Support Occupations 26%
Information and Record Clerks 15%
Receptionists and Information Clerks 8%
Receptionists and Information Clerks 8%
Other Office and Administrative Support Workers 8%
Office Clerks, General 7%
Office Clerks, General 7%
Production Occupations 7%
Other Production Occupations 7%
Photographic Process Workers and Processing Machine Operators 6%
Photographic Process Workers and Processing Machine Operators 6%

Government Contracts

The federal government spent an annual total of $8,535,568,115 on the Other Professional, Scientific, and Technical Services industry. It has awarded 35,542 contracts to 4,115 companies, with an average value of $2,074,257 per company.

Top Companies in Other Professional, Scientific, and Technical Services and Adjacent Industries

Company Address Revenue
($ Millions)

Included