research
AnythingResearch
Industry Data & Market Research
AnythingResearch

2024 U.S. Industry Statistics & Market Forecast - Architectural Services


Market Size & Industry Statistics

The total U.S. industry market size for Architectural Services: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Over the past few years, the Architectural Services industry has been impacted by several key trends that are shaping the future of the built environment.

First and foremost, sustainability has become a core concern for architects and developers alike. The demand for energy-efficient buildings and sustainable design solutions has led to an increased focus on green building practices, material selection, and building automation systems.

Another trend is the rise of modular construction techniques. The use of off-site manufacturing and prefabrication processes has made it possible to build structures more quickly and efficiently, while at the same time reducing waste and increasing the quality of the finished product.

The advent of building information modeling (BIM) has also had a significant impact on the industry. BIM software allows architects, engineers, and contractors to collaborate more effectively in the design and construction process, leading to better coordination, reduced errors, and improved efficiency.

Finally, the growing demand for mixed-use developments has become a key trend in the Architectural Services industry. The integration of residential, commercial, and retail spaces within a single structure has become increasingly popular, as urbanization continues to drive demand for compact, walkable neighborhoods that offer a variety of amenities and services.



Product & Services Breakdown

Research products and services in the Architectural Services industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Architectural Services For Non-Residential Building Projects

Architectural Services - Office Building Projects

Architectural Services - Retail And Restaurant Projects

Architectural Services - Hotels And Convention Centers

Architectural Services - Hospitals And Clinical Buildings Used For Active Health Care

Architectural Services - Nursing Homes And Similar Buildings Used For Medium- And Long-Term Health Care

Architectural Services - Entertainment, Recreational, And Cultural Building Projects

Architectural Services - Primary And Secondary School Projects

Architectural Services - College And University Projects

Architectural Services - Industrial Building Projects

Architectural Services - Transportation And Distribution Facility Projects

Architectural Services - Religious Building Projects

Architectural Services - Justice System Building Projects

Architectural Services - Other Non-Residential Building Projects

Architectural Services For Residential Building Projects

Architectural Services - Single-Family Residential Projects

Architectural Services - Multi-Family Residential Projects

Historical Restoration Architectural Services

Architectural Consulting Services (Include Expert Witness Services.)

Landscape Architectural Services For Residential Building Projects

Landscape Architectural Services For Non-Residential Building Projects

Urban Planning Services

Project Site Master Planning Services

Design-Build And General Contractor Services (Include Design-Bid-Build Construction Services.)

Interior Design Services

Engineering Services

All Other Receipts

All Other Operating Receipts



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Architectural Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Architectural Services industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Architectural Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 10%

Order at top of page
Chief Executives0%
General and Operations Managers3%
Business and Financial Operations Occupations 11%
Business Operations Specialists 9%
Computer and Mathematical Occupations 6%
Computer Occupations 6%
Architecture and Engineering Occupations 45%
Architects, Surveyors, and Cartographers 9%
Architects, Except Naval 7%
Architects, Except Landscape and Naval 6%
Engineers 23%
Civil Engineers 10%
Civil Engineers 10%
Drafters, Engineering Technicians, and Mapping Technicians 13%
Drafters 6%
Engineering Technologists and Technicians, Except Drafters 5%
Office and Administrative Support Occupations 8%
Source: Bureau of Labor Statistics


Architectural Services Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Architectural Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Architectural Services industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Architectural Services industry.
Source:
IncFact




Innovation News



Recent Federal Contracts for Architectural Services

  • Apr 02, 2024: DATTNER ARCHITECTS D.P.C. (New York, NY) awarded $2,137,631
  • Apr 02, 2024: GWWO, INC. (Baltimore, MD) awarded $4,619
  • Apr 02, 2024: MTFA ARCHITECTURE, P.L.L.C. (Arlington, VA) awarded $660,180
  • Apr 02, 2024: RMA ARCHITECTS, P.S.C. (San Juan, PR) awarded $235,704
  • Apr 02, 2024: MUNDUS BISHOP DESIGN, INC. (Denver, CO) awarded $97,412
  • Apr 02, 2024: ABO GROUP, INC., THE (Lakewood, CO) awarded $70,518