Commercial Construction Industry Report

Specialty contractor industry report for 2025: Volatility, competition requires strategic change

ServiceTitan surveyed 1,000+ specialty contractors to uncover how they’re navigating some of the major challenges in the industry, including rising costs, labor shortages, and tighter margins.  

Download our report now and discover how top contractors plan to win more projects, improve execution, and protect profits. 

Stay ahead in 2025 with key insights shaping the commercial construction industry. 

Key Takeaways

  • Efficiency drives profitability: More contractors are reducing waste and improving billing, bidding, and execution to boost profits.

  • Labor shortages reshape strategies: Contractors are adjusting bids, timelines, and wages to stay competitive amid labor shortages.

  • Cash flow pressures demand agility: Rising costs, budget overruns, and slow payments are driving tighter cash flow management.

  • Technology fuels smarter growth: Businesses are adopting software and AI to improve execution and offset rising costs.