The Management Consulting industry comprises of companies that provide advisory services to private businesses and the public sector. Advisory services are tailored to provide strategic, financial, marketing, operational and supply chain management consulting services. Over the past five years, the industry has taken advantage of healthy macroeconomic conditions, with increased business activity and corporate profit margins. Over the next five years, industry revenue is expected to be driven by rising corporate profit, an increasing number of businesses and growing demand from financial, consumer product and public sectors. Management consultants are also expected to experience an increase in competition.
Industry operators advise businesses, nonprofit organizations and public sector agencies in several areas: organizational design, corporate strategy, marketing and sales, financial advisory and logistics. This industry excludes establishments that provide day-to-day administrative services, and companies that concentrate on recruitment, training, public relations, market research, engineering design, computer systems design or investment advice.
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.