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Market |
Business Services |
Report Type |
Market Research |
Country |
United States |
Published |
22 May 2012 |
Number of Pages |
27 |
Download |
|
Immediate |
|
Publisher |
IBISWorld |
File Format |
Psychic Services
Clear vision
Unlike most industries, psychic services providers benefited from the economic downturn. Consumers concerned about their financial futures turned to psychics for guidance during the recession, which helped boost revenue for the industry. The number of operators in the industry also increased during the recession, leading to increased competition. In the coming years, this heightened price-based competition, coupled with increased legislation at the local level, will cause industry growth to slow.
This industry includes establishments that offer psychic and fortune-telling services. Industry operators typically provide services in the areas of astrology, aura reading, mediumship, tarot card reading and palmistry, among other metaphysical services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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