Research and Markets: The Typical Architecture Firm in the U.S Has 10 Employees and Annual Revenue of $1 Million

July 06, 2009

DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/84b054/architects_offices) has announced the addition of the "Architects Offices" report to their offering. First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the "heavy lifting" by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospects business issues. Executive Summary Brief Excerpt from Industry Overview Chapter: The US architecture industry includes about 17,000 firms, with combined annual revenue of $20 billion. Large firms include Gensler, HOK Group, and Perkins+Will. The industry is highly fragmented: only about 100 firms have annual revenue of more than $100 million. The typical architecture firm has 10 employees and annual revenue of $1 million. COMPETITIVE LANDSCAPE Demand for architects' services depends heavily on the volume of residential and commercial construction. Because most costs are fixed, profitability depends on a constant inflow of work. Architectural firms are often small because there are few economies of scale in the industry: architectural design can be done as well, and for the same cost, by a small or large company.

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