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Scientific & Economic Consulting in the US - Industry Market Research Report

Publisher IBISWorld
Published Apr 13, 2025
Length 48 Pages
SKU # IBSS20009437

Description

Scientific & Economic Consulting in the US

The Scientific and Economic Consulting industry has succeeded as business confidence has slipped during the economically difficult years from 2018 to 2023. The industry provides consulting services to a diverse range of markets with varying degrees of specialization in products and services, which has helped generate countercyclical demand that saved consultants during the worst of COVID-19. Consulting's highly specialized workforce is also very experienced in touting the financial benefits of consulting for business revenue for targeted clients, which helped retain nervous clients. Overall, scientific and economic consulting expanded an estimated 3.0% to $48.6 billion over the five years to 2023, including a 1.8% boost in 2023 alone, when profit reached 8.2%.

Companies in this industry provide advice and assistance to businesses and other organizations on scientific and technical issues. The industry includes a range of specialist consulting activities, primarily in the areas of economic, energy and mineral, security and agricultural analysis. This industry excludes establishments that derive their revenue primarily from environmental consulting and remediation, geophysical surveying and mapping or oil and gas exploration.

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

48 Pages
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

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