Industry Analysis & Industry Trends
The Architectural Services industry has endured a tough five years due to a prolonged downturn in the building construction market. Over the past five years, the winding back of educational building investment and weak non-residential construction markets have led to subdued demand for industry services. Revenue is estimated to rise by just 0.5% annualised over the five years through 2014-15, corresponding with a slump in the value of total building construction over much of the past five years.
The key building markets for architectural services have displayed divergent trends over the past five years... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a low concentration of ownership, with the four largest firms estimated to contribute less than 10% of annual industry revenue. It has a fragmented structure, with few large-scale national players, a larger number of state or regionally based firms (influenced by the requirement for individual state registration) and many small-scale firms and sole practitioners operating in narrow regional markets. Only about 1.6% of businesses employ more than 20 staff... purchase to read more