Business service industry in the Middle East - statistics & facts
Business services are an accumulation of activities facilitating the smooth running of an operation. Leading business services are markets research, consulting, IT services as well as staffing and employment services. The sub-sector of market research globally had a revenue projection of 82.6 billion U.S. dollars in 2022.
In the Middle East and Africa, around 3.85 billion U.S. dollars was generated for the market research sector. In comparison, the United States alone was responsible for 48 billion U.S. dollars of revenue worldwide in this sector.
Although the global market research industry grew overall worldwide by 0.3 percent in 2020, in the Middle East and Africa it declined by 10.4 percent.
