Professional, Scientific & Technical Services Industry: Statistics, Forecasts, and Company Data

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

The 2023 Professional, Scientific and Technical Services Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the professional, scientific & technical services industry.

	Historical					Forecasted
	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
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.



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.

Distribution by Company Size

Company Size	All Industries	Professional, 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:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent 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

Professional, Scientific & Technical Services - Financial Ratio Analysis

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

Financial Ratio	Industry 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

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	9%
Top Executives	5%
Chief Executives	0%
General and Operations Managers	3%
Advertising, Marketing, Promotions, Public Relations, and Sales Managers	6%
Operations Specialties Managers	5%
Other Management Occupations	6%
Business and Financial Operations Occupations	15%
Business Operations Specialists	9%
Management Analysts	12%
Management Analysts	12%
Market Research Analysts and Marketing Specialists	5%
Market Research Analysts and Marketing Specialists	5%
Financial Specialists	6%
Accountants and Auditors	35%
Accountants and Auditors	35%
Tax Examiners, Collectors and Preparers, and Revenue Agents	7%
Tax Preparers	7%
Computer and Mathematical Occupations	17%
Computer Occupations	17%
Computer and Information Analysts	10%
Computer Systems Analysts	9%
Software Developers and Programmers	8%
Software Developers, Applications	15%
Software Developers, Systems Software	6%
Database and Systems Administrators and Network Architects	7%
Computer Support Specialists	8%
Computer User Support Specialists	7%
Architecture and Engineering Occupations	10%
Architects, Surveyors, and Cartographers	10%
Architects, Except Naval	7%
Architects, Except Landscape and Naval	6%
Engineers	6%
Civil Engineers	11%
Civil Engineers	11%
Electrical and Electronics Engineers	5%
Mechanical Engineers	6%
Mechanical Engineers	6%
Drafters, Engineering Technicians, and Mapping Technicians	15%
Drafters	7%
Architectural and Civil Drafters	5%
Engineering Technicians, Except Drafters	6%
Life, Physical, and Social Science Occupations	5%
Life Scientists	11%
Medical Scientists	6%
Medical Scientists, Except Epidemiologists	6%
Physical Scientists	7%
Chemists and Materials Scientists	5%
Social Scientists and Related Workers	20%
Miscellaneous Social Scientists and Related Workers	10%
Social Scientists and Related Workers, All Other	5%
Life, Physical, and Social Science Technicians	15%
Chemical Technicians	7%
Chemical Technicians	7%
Social Science Research Assistants	13%
Social Science Research Assistants	13%
Legal Occupations	8%
Lawyers, Judges, and Related Workers	34%
Lawyers and Judicial Law Clerks	34%
Lawyers	34%
Legal Support Workers	23%
Paralegals and Legal Assistants	20%
Paralegals and Legal Assistants	20%
Arts, Design, Entertainment, Sports, and Media Occupations	47%
Art and Design Workers	45%
Designers	42%
Graphic Designers	22%
Interior Designers	15%
Media and Communication Workers	10%
Public Relations Specialists	8%
Public Relations Specialists	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	7%
Retail Sales Workers	6%
Sales Representatives, Services	14%
Advertising Sales Agents	11%
Advertising Sales Agents	11%
Other Sales and Related Workers	7%
Models, Demonstrators, and Product Promoters	6%
Demonstrators and Product Promoters	6%
Office and Administrative Support Occupations	19%
Financial Clerks	17%
Bookkeeping, Accounting, and Auditing Clerks	10%
Bookkeeping, Accounting, and Auditing Clerks	10%
Information and Record Clerks	6%
Receptionists and Information Clerks	8%
Receptionists and Information Clerks	8%
Secretaries and Administrative Assistants	6%
Secretaries and Administrative Assistants	6%
Legal Secretaries	14%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive	5%
Other Office and Administrative Support Workers	5%
Office Clerks, General	7%
Office Clerks, General	7%
Production Occupations	15%
Other Production Occupations	13%
Inspectors, Testers, Sorters, Samplers, and Weighers	12%
Inspectors, Testers, Sorters, Samplers, and Weighers	12%
Photographic Process Workers and Processing Machine Operators	6%
Photographic Process Workers and Processing Machine Operators	6%

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

Company	Address	Revenue ($ Millions)