PUBLISHER: The Business Research Company | PRODUCT CODE: 1960646
PUBLISHER: The Business Research Company | PRODUCT CODE: 1960646
Market research services encompass the processes that aid in determining the viability of a new service or product through direct customer research. These services assist companies in identifying their target market and gathering opinions and feedback from consumers in real-time.
The main types of market research services include market research and analysis services, public opinion research, and election polling. Electoral polling involves the sampling or gathering of thoughts on a subject, obtained from either a selected or a random group of people, for the purpose of evaluation. These services cater to various sectors, including IT services, manufacturing, financial services, construction, and others, and are utilized by enterprises of different sizes, such as large enterprises and small and medium-sized enterprises.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are indirectly impacting the market research services market by increasing operational costs associated with imported software tools, analytics platforms, cloud infrastructure services, and digital research technologies. Service providers in North America and Europe are more affected due to reliance on global technology vendors, while Asia-Pacific faces pricing pressure on outsourced research operations. These cost increases can influence pricing models and project timelines. However, tariffs are also encouraging greater localization of technology sourcing, development of proprietary research platforms, and adoption of cost-efficient digital research methodologies.
The market research services market research report is one of a series of new reports from The Business Research Company that provides market research services market statistics, including market research services industry global market size, regional shares, competitors with a market research services market share, detailed market research services market segments, market trends and opportunities, and any further data you may need to thrive in the market research services industry. This market research services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market research services market size has grown steadily in recent years. It will grow from $93.37 billion in 2025 to $96.77 billion in 2026 at a compound annual growth rate (CAGR) of 3.6%. The growth in the historic period can be attributed to growing demand for data-driven business decision-making, expansion of consumer-centric product development approaches, increasing use of digital survey platforms, rising importance of brand tracking studies, wider adoption of analytics-led consulting models.
The market research services market size is expected to see steady growth in the next few years. It will grow to $116.02 billion in 2030 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to increasing demand for predictive market intelligence, rising adoption of automation in research execution, expansion of real-time customer feedback systems, growing focus on personalization analytics, increasing integration of research with crm and marketing platforms. Major trends in the forecast period include increasing use of ai-driven consumer insights platforms, rising adoption of real-time data collection tools, growing integration of advanced analytics in research workflows, expansion of online and mobile survey methodologies, enhanced focus on behavioral and sentiment analysis.
The anticipated stable economic growth is set to drive the market research services market in the foreseeable future. Sustainable economic growth aims to fulfill human needs while preserving natural resources and the environment. Market research services play a crucial role in helping businesses discern market trends and consumer behavior, enabling informed decisions about their products and services. This adaptability to changing market conditions and staying competitive contributes to stable economic growth. For instance, the U.S. Bureau of Economic Analysis (BEA) reports a 2.1 percent increase in real gross domestic product (GDP) in the second quarter of 2023 in the United States, highlighting the role of stable economic growth in propelling the market research services market.
Leading companies in the market research services sector are developing AI-driven real-time research platforms, such as Meta AI, to enhance user experiences. Meta AI is an assistant designed to interact with users conversationally and is available on WhatsApp, Messenger, and Instagram. For example, in September 2023, Meta Platforms Inc., a US-based technology company, launched Meta AI. The platform is powered by a custom model that utilizes Llama 2 technology and the latest large language model (LLM) research. During text-based conversations, Meta AI can access real-time information through its integration with Bing search and also includes a feature for generating images.
In July 2024, AlphaSense Inc., a US-based technology company, acquired Tegus Inc. for $930 million. Through this acquisition, AlphaSense aims to expand its market research and intelligence capabilities by integrating Tegus's extensive expert research content and financial data into its platform, enhancing insights for business and financial professionals. Tegus Inc. is a US-based market research and expert insights provider that offers an end-to-end research platform combining expert interviews, company filings, and comprehensive financial data to help investors and corporate researchers quickly access critical market insights.
Major companies operating in the market research services market includeNielsen Holdings Inc., IQVIA Holdings Inc., Gartner, Kantar Group, Ipsos Group S.A., GfK SE, Information Resources, Inc., Dynata, INTAGE Holdings Inc., Westat Inc., Global Vox Populi, RNB Research, Market Xcel Data Matrix Private Limited, Majestic MRSS, Hub of China, SIS International Research, Escalent (formerly Morpace), CIPMR, Adept Research, Tiny CX Freeform, Populix, Dataspring, Inkwood Research, Consumer Behavior Research Co., Ltd (CBR), Euromonitor International, IFF Research, Pharma Intelligence, Mintel, Dunnhumby, AMR Advanced Market Research GmbH, Wood Mackenzie, VCIOM (Russian Public Opinion Research Center), Business Analytica, Ateliar Market Research, Inquiry Market research, MAP Marketing Research, MAGRAM Market Research, Prodege LLC, The NPD Group, Inc., Forrester Research, ORC International Inc., Proactive Worldwide, Comscore, Stitch Marketing Research, Bauman Research & Consulting, LLC, Criba Research SA, Fine Research, AG3 Consulting, OnTarget, Arellano, Datum Internacional S.A., StatMark Group S.A., Brazil Market research, Ad hoc research, Al bar research, Inverita research, Eksen Research, C&O Marketing, Insight Scouts Research & Consultancy, Research & Consulting House (REACH), 4sight, Amass Market Research, Synergy Marketing and Consulting, Brandman Research, Geocartography Knowledge Group, ERA Research & Consultancy, Research Konnection, IVC Research Center, Omnibus, Sixth factor, Nagy Research MEACRO, Acnielsen Marketing & Media (Pty) Ltd., NOI Polls Limited, George, Klein and Associates (GK&A), BMI Research (Pty) LTD, Plus 94 Research, African Response, Ley Hausen.
North Americawas the largest region in the market research services market in 2025. Western Europe was the second largest region in the market research services market. The regions covered in the market research services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the market research services market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The market research services market includes revenues earned by entities by providing services such as primary research, secondary research, qualitative and quantitative research, branding research, and customer research. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Market Research Services Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses market research services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for market research services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The market research services market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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