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Based on service type, the market is divided into urban & regional planning, architecture & design, civil engineering, environmental & sustainability consulting, landscape design, sustainability & green building consulting, and geospatial & GIS consulting. The civil engineering segment is expected to grow at a CAGR of around 7% by 2032. As infrastructure needs expand globally, the demand for civil engineering expertise in the designing & managing of critical projects, such as transportation, water resources, and urban development, increases. Consulting firms specializing in civil engineering offer innovative solutions to address urbanization, climate resilience, and sustainable infrastructure.
Based on end user, the built and natural environment consulting market is categorized into government & municipalities, private sector, nonprofit & environmental organizations, and individuals. The private sector segment was valued at over USD 27 billion in 2022. Private entities are increasingly investing in infrastructure & real estate projects, propelling the need for planning, design, and sustainability consulting services. The progression of this segment is being driven by the active involvement of the private sector in urban development, property construction, and sustainability initiatives.
North America held a dominant built and natural environment consulting market share of over 35% in 2022. region's evolving infrastructure needs, demand for smart city initiatives, and compliance with environmental regulations are driving consulting services in the region. Additionally, investments in renewable energy and urban development projects contribute to industry gains. For instance, in March 2023, BAES Infrastructure was officially launched as an energy company that specializes in the development, construction, and operation of energy transition projects. The newly formed company will focus on renewable energy, hydrogen infrastructure, low-carbon hydrogen & ammonia projects, and advanced-stage solar development. Its initial assets include Swift Current Energy, OneH2, Bear Head Energy, and other solar projects.