With a workforce possessing exceptional skills and intellectual leadership at every level, the demand for professional services in the United States is unparalleled. The United States’ professional services industry saw significant growth in 2022, with a combined revenue of $3.1 trillion, marking a 4 percent increase from the previous year. It is important to note that these figures do not consider notaries. As of 2020, the professional services industry in the United States comprises 5.4 million firms that collectively provide 14.7 million jobs nationwide. These numbers signify the industry’s massive contribution to the country’s economy.

In 2022, North America held the largest market share in the global professional services market, accounting for 35.4 percent. The United States is home to some of the world’s leading professional services companies that cater to the large and dynamic U.S. corporate sector.

The United States boasts of a transparent, stable regulatory environment, a reliable judicial system, and robust protection and enforcement of intellectual property rights. The country’s highly skilled workforce, coupled with intellectual leadership from the classroom to the boardroom, makes the demand for professional services in the United States unmatched.

According to recent statistics, the professional services industry received a total foreign direct investment of $157.6 billion in 2021. This investment has a significant impact on the U.S. job market, as it directly supported 471,900 jobs in 2021.

Industry Subsectors

– Accounting

– Architectural and Engineering Services

– Legal Services

– Management Consulting.