Providing varied services to diverse downstream markets with unique needs allows management consultants to weather changing economic conditions. Extreme shocks like the COVID-19 pandemic led to revenue declines, but sometimes clients need consulting services in bad times, which buffers revenue declines and ensures low revenue volatility. Bouncing back from the COVID-19 pandemic, industry-wide revenue grew at a CAGR of 1.1% to $329.9 billion over the past five years, growing 0.1% in 2023 alone. Operators in the Management Consulting industry advise businesses, nonprofits and public-sector agencies in areas such as organizational design, human resources, corporate strategy, information technology strategy, marketing and sales, finances and logistics. This industry excludes operators providing day-to-day administrative services and those that are concentrated in recruitment, training, public relations, market research, engineering, 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.Logistical concern: The anticipated increase in corporate profit, business sentiment and aggregate private investment will boost industry demand
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Deloitte Touche Tohmatsu
- DiscoverOrg LLC
- Accenture Plc
- Cognizant Technology Solutions Corporation
- Science Applications International Corporation
- The Blackstone Group L.P.
- Deutsche Post Ag
- Marsh & Mclennan Companies, Inc.
- Experian Plc
- The Act 1 Group, Inc.
- Tata Consultancy Services Ltd
- Publicis Groupe SA
- CloudMed, LLC
- Infogroup Inc.
- RSM US LLP
- Acosta Inc.
- Wilson Human Capital Group LLC
- FHC Health Systems Inc.
- Burris Logistics
- Adecco Group Ag
- Lawrence Service Company
- Capgemini Se
- Impellam Group Plc
- Holman Enterprises, Inc.
- Interpublic Group Of Companies, Inc.
- Wipro Limited
- Bdo Usa, Llp
- Crossmark Inc.
- Infosys Limited
- Korn
- Wheels, Inc.
- American International Relocation Solutions, Llc
- PRO Unlimited Inc.
- Pro Marketing Sales Inc.
- Marketstar Corporation
- Gartner, Inc.
- Healthtrax Inc.
- BDO International Ltd.
- Retail Merchandising Services Inc.
- Syndigo LLC
- MRC Global Inc.
- NB Ventures Inc.
- Sales Focus Inc.
- Mike Albert Leasing, Inc.
- Pivotal Retail Group LLC
- SMSB Consulting Group Inc.
- Jaggaer, Llc
- Impact Group
- Emkay, Inc.
- Acquirent LLC
- Hamacher Resource Group Inc.
- Merchants Information Solutions Inc.
- Continental Traffic Service Inc.
- Unigroup, Inc.
- Welltok, Inc.
- Safety Management Inc.
- Sales Partnerships Inc.
- Technical Traffic Consultants Corp.
- A3 Freight Payment
- Global Linked Affiliates LLC
- Giant Partners Inc.
- TalentWave Inc.
- Limeade Inc.
- Merchants Automotive Group, Inc.
- nVision Global Technology Solutions, Inc.
- Marlin Management Company, Llc
- Berke Group LLC
- Mobi Wireless Inc.
- Msx International, Inc.
- Netpique LLC
- MSI Inventory Service Corporation
- Tunstall Consulting, Inc.
- KHJ Brand Activation
- CT Logistics
- Data2Logistics LLC
- Xonex Relocation LLC
- A. Caldwell List Company Inc.
- WHR Group Inc.
- Prevue HR Systems Inc.
- LYFE Marketing
- Mansfield Sales Partners LLC
- ISN Software Corporation
- Crown Worldwide Group
- DisplayMax Inc.
- Vivendi
- Sales OverDrive LLC
- Multifamily Ancillary Group
- American Sales Leads, LLC
- SEO Image Inc.
Methodology
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