18 Examples of a Service Business

service business is a business model that offers intangible valuebeyond a physical product. Advanced economies have shifted towards a service-based economy whereby the total value of services may exceed the total value of products as a percentage of GDP. The following are common examples of service businesses.

Information Technology

Offering technology platforms, software applications and systems as a service with a monthly recurring or usage-based fee.


Education and training services such as a school or an online learning tool.


Offering your knowledge and work output as a service.


Transportation services such as an airline or bicycle rental shop.


Events such as industry conferences or weddings.


Movies, video games and other entertainment.


Content such as social media, television and newspapers.


Infrastructure services such as internet access or solar panel maintenance.

Financial Services

Banking, insurance and investment services.

Professional Services

The services of professionals such as lawyers, accountants and architects.


Logistics services such as delivery.


Hotels, restaurants and tourist attractions such as theme parks.


Cultural experiences such as an art museum or performance art.


Hospitals, doctors and other medical services.


Services that are relaxing or perceived as healthy such as a gym or spa.

Convenience Services

Saving customers time or making things easier for them. For example, a dog walking service.

Club Goods

Large assets that can be used for a fee such as a golf club or theme park.

Product as a Service

Wrapping a product in service. For example, a home heating and cooling system that is installed for a monthly fee that includes maintenance and repair.

Overview: Service Business
Definition A business model that offers intangible value.
Related Concepts

Author: ashmith

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