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Sector: 54 Professional, Scientific, and Technical Services

NAICS Code 541618 - Other Management Consulting Services

Industry Description

This U.S. industry comprises establishments primarily engaged in providing management consulting services (except administrative and general management consulting; human resources consulting; marketing consulting; or process, physical distribution, and logistics consulting). Establishments providing telecommunications or utilities management consulting services are included in this industry.

Cross-References. Establishments primarily engaged in--

Business Examples

Common types of business activities within NAICS 541618 - Other Management Consulting Services are:

  • Telecommunications management consulting services
  • Utilities management consulting services

IBISWorld Industry Research Report

Management Consulting in the US (54161)

Revenue 2025

$407.3bn

Growth 2025

1.10%

Key Trends

  • Technological change in client markets will spur demand for various consulting services, but challenge profit margin growth

  • Conflicting factors have affected demand for industry services amid the COVID-19 pandemic

  • Outsourcing R&D to consulting firms is expected to benefit the industry

Products and Services

Similar Industries

For some business types, there may be a similar industry to 541618 - Other Management Consulting Services that is a better classification match. Establishments primarily engaged in:

NAICS Hierarchy 541618 - Other Management Consulting Services

NAICS Code 541618 - Other Management Consulting Services sits in the 2-digit Other Management Consulting Services sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes

2 Digits: 54

Sector Title: Professional, Scientific, and Technical Services

3 Digits 4 Digits 5 Digits 6 Digits

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