Interior Design’s 2015 Rising Giants: Market Segments
Bringing in 60 percent of all fees, the primary rainmakers for the Rising Giants are still corporate offices ($150 million) and hospitality ($136 million). The former rose a modest 7 percent, while the latter was about even. Growth areas have been health care and assisted living, up 68 percent, and residential, up 46—accounting, combined, for 20 percent of all fees.
Government work has dwindled to its lowest point in five surveys, with 56 percent of the Rising Giants reporting no work in that sector at all. Of those who did take in government dollars, most came from office projects. Only 47 firms worked in the education sector, with colleges and university projects predominating.
2015 Rising Giants: Fees and Salaries