Management Consulting in Australia - Industry Market Research Report
Description
Management Consulting in Australia
The Management Consulting industry is benefiting from mostly favourable operating conditions. Mostly positive business confidence has buoyed business expansion and overall demand for management consulting services. The pandemic wreaked havoc on management consultants in 2019-20, as many downstream clients sought to limit discretionary spending because of economic uncertainty and government restrictions. Nonetheless, business confidence and private capital expenditure recovered over the three years through 2022-23, spurring demand for management consultants. Revenue is expected to rise at an annualised 2.1% over the five years through 2022-23 to an estimated $47.3 billion. This trend includes an increase by an estimated 0.5% in 2022-23.
Industry firms provide clients with advice and strategies to solve a range of complex business issues. These issues include financial performance, business strategy and operational structure. Management consultants aim to improve a client’s overall business performance. The industry excludes public relations services, and financial planning and 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.
The Management Consulting industry is benefiting from mostly favourable operating conditions. Mostly positive business confidence has buoyed business expansion and overall demand for management consulting services. The pandemic wreaked havoc on management consultants in 2019-20, as many downstream clients sought to limit discretionary spending because of economic uncertainty and government restrictions. Nonetheless, business confidence and private capital expenditure recovered over the three years through 2022-23, spurring demand for management consultants. Revenue is expected to rise at an annualised 2.1% over the five years through 2022-23 to an estimated $47.3 billion. This trend includes an increase by an estimated 0.5% in 2022-23.
Industry firms provide clients with advice and strategies to solve a range of complex business issues. These issues include financial performance, business strategy and operational structure. Management consultants aim to improve a client’s overall business performance. The industry excludes public relations services, and financial planning and 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.
Table of Contents
49 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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