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Professional, Scientific & Technical Services Industry: Statistics, Market Size, Forecast

Professional, Scientific & Technical Services - Market Size and Industry Forecast

The 2021 Professional, Scientific and Technical Services Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2016 to 2026 reflect industry trends and growth patterns. Revenues include both public and private companies in the professional, scientific & technical services industry.

HistoricalForecasted
20162017201820192020202120222023202420252026
Market Size (Total Revenue)

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

Industry Revenue ($ Billions)

Industry Revenue Forecast
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Professional, Scientific & Technical Services - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Professional, Scientific & Technical Services companies in the United States.

Professional, Scientific & Technical Services Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesProfessional, Scientific & Technical Services
Small Business (< 5 Employees)

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

Professional, Scientific & Technical Services - 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" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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


Professional, Scientific & Technical Services - Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios

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

Professional, Scientific & Technical Services - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations9%

Top Executives5%
Chief Executives0%
General and Operations Managers3%
Advertising, Marketing, Promotions, Public Relations, and Sales Managers6%
Operations Specialties Managers5%
Other Management Occupations6%
Business and Financial Operations Occupations15%
Business Operations Specialists9%
Management Analysts12%
Management Analysts12%
Market Research Analysts and Marketing Specialists5%
Market Research Analysts and Marketing Specialists5%
Financial Specialists6%
Accountants and Auditors35%
Accountants and Auditors35%
Tax Examiners, Collectors and Preparers, and Revenue Agents7%
Tax Preparers7%
Computer and Mathematical Occupations17%
Computer Occupations17%
Computer and Information Analysts10%
Computer Systems Analysts9%
Software Developers and Programmers8%
Software Developers, Applications15%
Software Developers, Systems Software6%
Database and Systems Administrators and Network Architects7%
Computer Support Specialists8%
Computer User Support Specialists7%
Architecture and Engineering Occupations10%
Architects, Surveyors, and Cartographers10%
Architects, Except Naval7%
Architects, Except Landscape and Naval6%
Engineers6%
Civil Engineers11%
Civil Engineers11%
Electrical and Electronics Engineers5%
Mechanical Engineers6%
Mechanical Engineers6%
Drafters, Engineering Technicians, and Mapping Technicians15%
Drafters7%
Architectural and Civil Drafters5%
Engineering Technicians, Except Drafters6%
Life, Physical, and Social Science Occupations5%
Life Scientists11%
Medical Scientists6%
Medical Scientists, Except Epidemiologists6%
Physical Scientists7%
Chemists and Materials Scientists5%
Social Scientists and Related Workers20%
Miscellaneous Social Scientists and Related Workers10%
Social Scientists and Related Workers, All Other5%
Life, Physical, and Social Science Technicians15%
Chemical Technicians7%
Chemical Technicians7%
Social Science Research Assistants13%
Social Science Research Assistants13%
Legal Occupations8%
Lawyers, Judges, and Related Workers34%
Lawyers and Judicial Law Clerks34%
Lawyers34%
Legal Support Workers23%
Paralegals and Legal Assistants20%
Paralegals and Legal Assistants20%
Arts, Design, Entertainment, Sports, and Media Occupations47%
Art and Design Workers45%
Designers42%
Graphic Designers22%
Interior Designers15%
Media and Communication Workers10%
Public Relations Specialists8%
Public Relations Specialists8%
Media and Communication Equipment Workers53%
Photographers50%
Photographers50%
Healthcare Practitioners and Technical Occupations23%
Health Diagnosing and Treating Practitioners9%
Veterinarians9%
Veterinarians9%
Health Technologists and Technicians14%
Health Practitioner Support Technologists and Technicians14%
Veterinary Technologists and Technicians14%
Healthcare Support Occupations11%
Other Healthcare Support Occupations11%
Miscellaneous Healthcare Support Occupations11%
Veterinary Assistants and Laboratory Animal Caretakers11%
Personal Care and Service Occupations9%
Animal Care and Service Workers9%
Nonfarm Animal Caretakers9%
Nonfarm Animal Caretakers9%
Sales and Related Occupations7%
Retail Sales Workers6%
Sales Representatives, Services14%
Advertising Sales Agents11%
Advertising Sales Agents11%
Other Sales and Related Workers7%
Models, Demonstrators, and Product Promoters6%
Demonstrators and Product Promoters6%
Office and Administrative Support Occupations19%
Financial Clerks17%
Bookkeeping, Accounting, and Auditing Clerks10%
Bookkeeping, Accounting, and Auditing Clerks10%
Information and Record Clerks6%
Receptionists and Information Clerks8%
Receptionists and Information Clerks8%
Secretaries and Administrative Assistants6%
Secretaries and Administrative Assistants6%
Legal Secretaries14%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive5%
Other Office and Administrative Support Workers5%
Office Clerks, General7%
Office Clerks, General7%
Production Occupations15%
Other Production Occupations13%
Inspectors, Testers, Sorters, Samplers, and Weighers12%
Inspectors, Testers, Sorters, Samplers, and Weighers12%
Photographic Process Workers and Processing Machine Operators6%
Photographic Process Workers and Processing Machine Operators6%

Government Contracts

In the past, the federal government spent an annual total of $128,402,060,135 on the professional, scientific & technical services industry. It has awarded 371,741 contracts to 33,203 companies, with an average value of $3,867,182 per company.

Professional, Scientific & Technical Services and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)





Professional, Scientific & Technical Services Industry Report
GeographyUnited States  
Publication DateOctober 2021
Report FormatPDF Download  
Price

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