Home Inspection Business Plan Template [Updated 2024]

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III. Industry Analysis

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[Company Name] competes against small, individually owned home inspection companies and major regional or national companies. The market size of the building inspectors industry is expected to increase 8.3% over the next five years. The market size, measured by revenue, of the building inspectors industry, is $4.9bn.

The building inspectors industry in the US is the 30th largest ranked professional services industry by market size in the U.S.

The primary positive factors affecting this industry are the low revenue volatility and the trade-weighted index. Total advertising expenditure is expected to increase, representing a potential opportunity for the industry. In addition, high-profile corporate organizations often attract co-branding deals with marketers outside the industry.

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