A major contributor of economic growth and jobs
The Professional Services industry is rapidly growing: It was valued at $5.03 trillion in 20201, and is expected to grow at a rate of 5.7% to reach just under $8 trillion in 20292.
Homing in on the job market, data from our 2025 AI Jobs Barometer show that the industry's share of total job vacancies has remained broadly consistent, with minor fluctuations. The industry accounted for 9.8% of global job vacancies in 2024, marginally down from 11.3% in 2012 (Figure 1).
However, this stable share shouldn’t hide the significant underlying uptick in hiring in the industry. AI is rapidly becoming a key skill sought after in Professional Services. The World Economic Forum has projected significant growth in technology-related roles within the Professional Services industry, including AI specialists, software developers and fintech engineers. Due to technological advancements and digital transformation, these roles are among the fastest-growing jobs globally3.