From GlobeNewswire: 2025-05-26 10:00:00

The Architectural, Engineering, and Construction (AEC) Services Market was valued at USD 109.2 billion in 2023, projected to reach USD 390.8 billion by 2032 with a CAGR of 15.24%. Major players include AECOM, Bechtel Corporation, and Fluor Corporation. The market growth is driven by urbanization, infrastructure modernization, and increasing use of BIM and green building practices.

The U.S. AEC Services Market is expected to grow at a 14.89% CAGR through 2032, supported by BIM adoption, smart infrastructure investments, and modular construction trends. The digital services segment led the market in 2023, driven by cloud-based collaboration tools enhancing project efficiency and transparency. The data centers segment is projected to grow rapidly due to rising demand from cloud and digital transformation trends.

In 2023, the highways segment dominated the AEC Market with 41% revenue share, fueled by significant global government investments in road infrastructure. The commercial sector led the market with 49% revenue share, driven by shifts in retail and e-commerce logistics demand. North America held the largest market share in 2023, with Asia Pacific projected to grow at the fastest CAGR.

Overall, the Architectural, Engineering, and Construction (AEC) Services Market is experiencing growth due to government investments, technological advancements, and changing industry demands. With a focus on sustainability, efficiency, and innovation, the market is poised for significant expansion in the coming years. The Asia Pacific region is expected to see the fastest growth in Architectural, Engineering, and Construction (AEC) services market from 2024 to 2032 due to urbanization in countries like India, Indonesia, and Vietnam. Private developers and governments are heavily investing in residential and infrastructure projects, driving demand for AEC services.

To access a comprehensive analysis of the AEC services market, including key insights and trends, consider purchasing the Architectural, Engineering, and Construction (AEC) Services Market Analysis & Outlook 2024-2032. The report covers market dynamics, segmentation, regional analysis, and company profiles to provide valuable information for decision-making.

SNS Insider is a leading global market research and consulting agency that aims to provide clients with up-to-date market data and insights to navigate changing business environments. Through various research techniques like surveys and focus groups, SNS Insider delivers accurate information to help clients make informed decisions with confidence.

For more information on the global architectural services market, check out related reports on Asia Pacific and North America. These reports highlight the key factors driving market growth in each region, such as urbanization, tech innovation, and early digital adoption, shaping the future of the AEC services industry.



Read more at GlobeNewswire: Architectural, Engineering, and Construction (AEC) Services