Management Consulting in Canada - Industry Market Research Report

Chain of command: New legislation and government protocols will increase demand

Management consulting in Canada is composed of companies that provide consulting services to private businesses and the public sector. These advisory services are tailored to provide strategic, financial, marketing, operational and supply chain management consulting services. Businesses partake in mergers and acquisitions, joint ventures, divestitures and initial public offerings based on their expectations of what the future holds. Although the company provides countercyclical services that support industry revenue during economic downturns, the COVID-19 pandemic hindered industry operations in unprecedented ways in 2020. Revenue is expected to grow at a CAGR of 2.0% to $23.9 billion over the years to 2023, despite a decline of 0.9% in 2023. Industry operators advise businesses, nonprofit organizations and public sector agencies in several areas, which include 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.