Home > Media & Technology > Information Technology > IT Services > Built and Natural Environment Consulting Market

Built and Natural Environment Consulting Market Trends

Report ID: GMI7144
Published Date: Oct 2023
Report Format: PDF

Download Free Sample

Built and Natural Environment Consulting Market Trends

The rising emphasis on sustainable and green design & construction practices is a prominent trend in this market. With the growing awareness of environmental issues, clients are prioritizing eco-friendly, energy-efficient, and environmentally responsible projects. This trend is driving consulting firms to provide expertise in green building practices, renewable energy integration, and environmentally sustainable urban planning. As regulatory requirements and consumer preferences align with sustainability, consulting firms are adapting to offer innovative solutions for designing & constructing eco-conscious infrastructure.

The emergence of smart cities is a notable trend in the built and natural environment consulting market. Smart cities leverage technology & data to enhance urban living, improve infrastructure, and optimize resource usage. Consulting firms are instrumental in helping cities implement smart initiatives, from intelligent transportation systems to efficient energy management, thus meeting the evolving needs of urban populations for sustainable, interconnected & efficient urban environments. For instance, in June 2023, Toyota Mobility Foundation, in partnership with Challenge Works and World Resources Institute, initiated a USD 9 million Global City Challenge, spanning three years, to promote safe, inclusive & sustainable innovation in urban mobility.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Global market size for built and natural environment consulting was USD 63.8 billion in 2022 and is projected to witness over 5.5% CAGR between 2023 and 2032 due to the rapid pace of urbanization worldwide

Built and natural environment consulting industry size from the private end user segment exceeded USD 27 billion in 2022 owing to the rising number of infrastructure & real estate projects, propelling the need for planning, design, and sustainability consulting services

North America recorded over 35% revenue share of the industry in 2022 owing to the rising demand for smart city initiatives

Some of the prominent built and natural environment consulting market players are AECOM, Arup, Cardno, CDM Smith, HDR, Inc., Jacobs Engineering Group, Mott MacDonald, Ramboll, Stantec, and WSP Global