Management Consulting in Virginia
The Management Consulting industry in Virginia has performed well over the five years to 2018. Favorable operating conditions, such as an improving state economy and expanding number of state businesses, have supported the industry's expansion over the past five years. Strong public-sector demand for consulting services and the industry's relative ease of entry have encouraged growth in new operators during the period. While demand for industry services in Virginia is sourced from both private and public sources, government agencies comprise the industry's single largest customer market. Revenue for the Virginia industry is anticipated to continue its upward trajectory over the five years to 2023. Growth will be supported by improving state economic conditions, including a forecasted uptick in Virginia consumer spending.
Management consultants advise businesses, nonprofits and public-sector agencies in the following areas: organizational design, human resources, corporate strategy, information technology strategy, marketing and sales, finances and logistics. This industry excludes establishments providing day-to-day administrative services and establishments that are concentrated in recruitment, training, public relations, market research, engineering design, computer systems design 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.