Over the five years through 2023-24, revenue will expand at a compound annual rate of 3.2%, including revenue growth of 4% in the current year, to £1.9 billion. Business confidence, the number of businesses and household spending habits determine revenue. Economic uncertainty since the EU referendum has subdued business and consumer confidence, lowering revenue. However, the industry has proven resilient, as brands have become vital to a business' identity. Consumers can now publicly share information about their encounters with brands online. Businesses are more willing to seek brand consultants to improve their strategy. Consultants' markets are broad, which has cushioned the effect of fluctuations in the UK economy.Boost to branding: The digital revolution makes branding essential to success
Companies in the industry help clients to develop and implement strategies to align their brand and products with their target market’s values in order to acquire and retain customers. Marketing services do not fall under the industry.
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
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
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- WPP plc
Methodology
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