Title: Services Global Market Report 2015 Released By The Business Research Company - PowerPoint PPT Presentation

Description: Services Global Market provides strategists, marketers and senior management with the critical information they need to assess the global Services sector. The total value of the services sector globally in 2014 was $9,641 billion. Related to a world population of more than 7 billion in 2014 this equates to about $1,377 per person globally. Given that World Domestic Product was approximately $78 trillion in 2014, the market makes up about 12.4% of the global economy. The world security services market was about $191 billion in 2013. It is expected to grow at 6.9% per annum to $267 billion in 2018. The United States which was the largest market for building maintenance services was worth $143 billion in 2014. It is expected to increase by 4.3% through 2017 to $176.5 billion. A service is an intangible commodity, where the buyer normally, except by exclusive contract, obtains exclusive ownership of the thing purchased. – PowerPoint PPT presentation