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Management Consulting Industry Analysis

Identify industry changes, evaluate the market size, market outlook, trends, key players, and growth opportunities.

Contents Standard Report Premium Report
Industry Overview & Outlook . .
Market Size (industry trends) . .
Market Forecast (5-year projection)   .
Products/Services Breakdown   .
Revenue per State . .
Financial Metrics . .
Salary & Compensation Benchmarks . .
Key Companies   .
Industry News & Innovators   .
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2018 Market Analysis & Industry Outlook: Management Consulting


Overview of the U.S. Management Consulting Industry

This section provides answers to key questions about the industry:
  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Management Consulting: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)


Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast[PREMIUM]

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Management Consulting industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Information Technology (It) Technical Consulting Services

Business Process Management Services, Including Financial, Human Resources, Supply-Chain, Customer Relations, And Vertical Marke

Bookkeeping And Compilation Services

General Accounting Services

Payroll Accounting Services

Custom Application Design And Development Services

Computer Systems Design, Development, And Integration Services

It Infrastructure And Network Management Services

Strategic Management Consulting And Implementation Services

Business Strategy And Planning Consulting And Implementation Services

Corporate Development And Restructuring Consulting And Implementation Services

Other Strategic Management Consulting And Implementation Services

Financial Management Consulting And Implementation Services

Management Accounting And Controllership Consulting And Implementation Services

Other Financial Management Consulting And Implementation Services

Marketing Management Consulting And Implementation Services

Marketing Strategy And Market Development Consulting And Implementation Services

Sales Management And Development Consulting And Implementation Services

Other Marketing Management Consulting And Implementation Services

Human Resources Management Consulting And Implementation Services

Compensation And Benefits Consulting Services

Other Human Resources Management Consulting Services

Operations And Supply Chain Management Consulting And Implementation Services

Integrated Supply Chain And Logistics Management Consulting And Implementation Services

Operations Management Consulting And Implementation Services, Excluding Logistics Consulting

Actuarial Consulting Services, Excluding Employee Pensions And Other Benefits

Scientific/Technical Consulting Services, Excluding Environmental

All Other Consulting Services

Other Management Services

Resale Of Merchandise

All Other Receipts

All Other Operating Receipts



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map of Management Consulting by state

Management Consulting Industry Price Trends

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Management Consulting companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

price index trends

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Management Consulting company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Management Consulting industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Management Consulting measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 11%

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Chief Executives0%
General and Operations Managers4%
Business and Financial Operations Occupations 30%
Business Operations Specialists 26%
Management Analysts 13%
Management Analysts 13%
Computer and Mathematical Occupations 10%
Computer Occupations 9%
Life, Physical, and Social Science Occupations 6%
Sales and Related Occupations 7%
Office and Administrative Support Occupations 22%
Information and Record Clerks 6%
Secretaries and Administrative Assistants 5%
Secretaries and Administrative Assistants 5%
Other Office and Administrative Support Workers 5%
Source: Bureau of Labor Statistics


Management Consulting Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate









Innovation News

  • Thelan trademarks "FLEETHAIL" - Computer application software for mobile devices - 12/02/2017
  • Pharmalink trademarks "MEDFLATS" - CARDBOARD SHIPPING CONTAINERS FOR USE IN PROCESSING AND DISPOSING OF PHARMACEUTICAL RETURNS - 11/29/2017
  • M Network trademarks "M NETWORK" - advertising services; public relations and marketing services; production of television and radio commercials, advertising - 11/10/2017
  • Kit Check patents Medication Tracking - 07/27/2017
  • Saving Star raises $9 million in funding. - 07/11/2017
  • K2 Intelligence raises $13 million in funding. - 04/25/2017
  • Celsius Holdings raises $12 million in funding. - 03/14/2017
  • Laser Projection Technologies patents 3d Laser Projection, Scanning And Object Tracking - 02/09/2017
  • Tinyhr patents Pulsed-survey Service Systems And Methods - 07/07/2016




  • Top Innovators

    1417817
    CompanyInnovation Score
    Mercer US141
    Georgia State University78
    Kit Check17
    Alvarez & Marsal Financial Industry Advisory Services

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Spencer EM Consulting forms Strategic Alliance with Flood Barrier America - Spencer Emergency Management Consulting is recently announced it has formed a strategic alliance with Flood Barrier America, Inc.. Combining experts in flood risk assessment with a suite of world class flood response capabilities in order to provide ... (01/10/2018)
    • Trianz Acquires CBIG Consulting and Strengthens Analytics Practice - In 2017, CBIG was named as one of 'America's Best Management Consulting Firms.' Speaking on this occasion, Sri Manchala, President and CEO at Trianz, said, "Trianz has established itself as a strong player in the digital evolution space enabling business ... (01/10/2018)
    • PE-backed Congruex buys CHC Consulting - BOULDER, Colo., Jan. 10, 2018 /PRNewswire/ — Congruex, an end-to-end provider of design, engineering, construction management and maintenance services to broadband service providers, today announced the acquisition of CHC Consulting, LLC (“CHC”). (01/10/2018)
    • UK government appoints former management consultant as City minister - LONDON, Jan 9 (Reuters) - Prime Minister Theresa May has appointed a former management consultant John Glen as the new City minister to oversee a financial services sector facing upheaval as Britain prepares to leave the European Union. Glen, whose formal ... (01/10/2018)
    • Crestview-Backed Congruex Acquires CHC Consulting - Jan. 10, 2018 /PRNewswire/ -- Congruex, an end-to-end provider of design, engineering, construction management and maintenance services to broadband service providers, today announced the acquisition of CHC Consulting, LLC ("CHC"). CHC is a full-service ... (01/10/2018)
    • Global Asset Integrity Management Market is Expected to Reach $34.94 billion by 2023 - Some of the key players in global asset integrity management market include Aker Solutions ASA, Applus + Servicios Tecnolgicos, S.L., Bureau Veritas SA, DNV GL AS, EM&I Ltd, Fluor Corporation, Genesis Oil and Gas Consultants Ltd., Intertek Group PLC ... (01/10/2018)
    • Report explores the increasing demand for electricity all across the globe to foster the growth of energy management system market in future - News from Research Nester Pvt Ltd - Market Research Consulting and Industry Reports The global energy management system market is segmented into application such as industrial energy management, home energy management system and building energy management ... (01/10/2018)
    • How to Best Prepare for GDPR Compliance, according to Auriemma Consulting Group - Auriemma is a boutique management consulting firm with specialized focus on the Payments and Lending space. We deliver actionable solutions and insights that add value to our clients' business activities across a broad set of industry topics and disciplines. (01/10/2018)
    • Healthcare Revenue Cycle Management Market 2018 Research, Emerging Growth Factors, Competitor Strategy and Trends by Forecasts to 2027 - As the Healthcare Revenue Cycle Management Market has registered lucrative growth ... Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services. (01/09/2018)
    • Leonard Ramo appointed President of Telgian Engineering & Consulting - risk management & loss control; security risk consulting; and related engineering and design, sustainable (LEED) strategies and construction administration services. To learn more about Telgian contact tec@telgian.com or visit http://www.telgian.com/. (01/09/2018)


    Government Contracts

    In 2016, the federal government spent a total of $12,913,989,222 on Management Consulting. It has awarded 48,707 contracts to 4,417 companies, with an average value of $2,923,701 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount



    Growth Opportunities / Competitive Threats

    Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Management Consulting to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

    The following industries are competing channels for sales of similar products/services.

    Strategic Management Consulting & Implementation Services
    Competing IndustrySales Relative to Management ConsultingOpportunity/Threat
    Administrative Management & General Management Consulting Services Competing industry

    Sales from other industries of Strategic Management Consulting & Implementation Services are less than those from Management Consulting. This may mean that other channels are a competitive risk of increasing their Strategic Management Consulting & Implementation Services sales, taking market share from this industry.
    Strategic Management Consulting & Implementation Services Product Sales Report



    Business Strategy & Planning Consulting & Implementation Services
    Competing IndustrySales Relative to Management ConsultingOpportunity/Threat
    Administrative Management & General Management Consulting Services Competing industry

    Sales from other industries of Business Strategy & Planning Consulting & Implementation Services are less than those from Management Consulting. This may mean that other channels are a competitive risk of increasing their Business Strategy & Planning Consulting & Implementation Services sales, taking market share from this industry.
    Business Strategy & Planning Consulting & Implementation Services Product Sales Report



    Marketing Management Consulting & Implementation Services
    Marketing Management Consulting & Implementation Services Product Sales Report

    Marketing Strategy & Market Dev Consulting & Implementation Services
    Marketing Strategy & Market Dev Consulting & Implementation Services Product Sales Report

    Human Resources Management Consulting & Implementation Services
    Human Resources Management Consulting & Implementation Services Product Sales Report

    Operations & Supply Chain Mgmt Consulting & Implementation Services
    Operations & Supply Chain Mgmt Consulting & Implementation Services Product Sales Report

    Financial Management Consulting & Implementation Services
    Financial Management Consulting & Implementation Services Product Sales Report

    Compensation & Benefits Consulting Services
    Compensation & Benefits Consulting Services Product Sales Report

    Integrated Supply Chain/Logistics Mgmt Consulting & Implement Services
    Integrated Supply Chain/Logistics Mgmt Consulting & Implement Services Product Sales Report

    Oper Mgmt Consult & Implementation Services, Except Logistics Consulting
    Oper Mgmt Consult & Implementation Services, Except Logistics Consulting Product Sales Report