Australia
AU ANZSIC M6962a | Industry Report

Management Consulting in Australia Industry Data and Analysis

MG
Matthew Gomersall
Analyst Melbourne, Australia June 2026

The Management Consulting industry is navigating a challenging period of subdued growth, with revenue expected to contract slightly in the short term due to external pressures. In 2025-26, the industry is expected to generate $40.8 billion in revenue, a 1.1% slump from 2024-25. Demand for management consultancies has suffered as government agencies have embarked on a strategy to develop internal skills within the public sector. While weak public sector demand has stifled revenue growth, consultancies have found success in niche service markets. Downstream corporates are racing to safely integrate AI into workflows, offering revenue to Atlassian and other tech-transformation-empowered consultancies. This has helped the industry claw back expected annualised five-year revenue growth of 0.5% over the five years through 2025-26.

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What's included in this industry analysis

IBISWorld's research coverage on the Management Consulting industry in Australia includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released June 2026.

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About this industry

What's this industry report about?

The Management Consulting industry in Australia operates under the ANZSIC industry code M6962a. Industry firms provide clients with advice and strategies to solve a range of complex business issues, including financial performance, business strategy and operational structure. Management consultants aim to improve a client’s overall business performance. Related terms covered in the Management Consulting industry in Australia include insourcing, analytics and outsourcing.

What's included in this industry?

Products and services covered in Management Consulting industry in Australia include Financial consulting, Strategy consulting and Operations consulting.

What companies are included in this industry?

Companies covered in the Management Consulting industry in Australia include Accenture Australia, EY and KPMG.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Management Consulting industry in Australia.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Management Consulting industry in Australia.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Management Consulting industry in Australia.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Management Consulting industry in Australia. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Management Consulting industry in Australia. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Management Consulting industry in Australia. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Management Consulting industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Management Consulting industry in Australia.

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Frequently Asked Questions

What is the market size of the Management Consulting industry in Australia in 2026?

The market size of the Management Consulting industry in Australia is $40.8bn in 2026.

How many businesses are there in the Management Consulting industry in Australia in 2026?

There are 95,557 businesses in the Management Consulting industry in Australia, which has grown at a CAGR of 1.9 % between 2021 and 2026.

How may import tariffs affect the Management Consulting industry in Australia?

The Management Consulting industry in Australia is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Management Consulting industry in Australia?

The Management Consulting industry in Australia is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Management Consulting industry in Australia grown or declined over the past 5 years?

The market size of the Management Consulting industry in Australia has been growing at a CAGR of 0.5 % between 2021 and 2026.

What is the forecast growth of the Management Consulting industry in Australia over the next 5 years?

Over the next five years, the Management Consulting industry in Australia is expected to decline.

What are the biggest companies in the Management Consulting industry in Australia?

The biggest companies operating in the Management Consulting industry in Australia are Accenture Australia, EY and KPMG

What does the Management Consulting industry in Australia include?

Financial consulting and Strategy consulting are part of the Management Consulting industry in Australia.

Which companies have the highest market share in the Management Consulting industry in Australia?

The company holding the most market share in the Management Consulting industry in Australia is Accenture Australia.

How competitive is the Management Consulting industry in Australia?

The level of competition is high and increasing in the Management Consulting industry in Australia.

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