Good advice: Penetration into emerging economies will offset slower growth in core markets

Over the five years to 2017, demand for management consulting services has increased, as stronger corporate profitability has increased global aggregate private investment. Furthermore, the emergence of China, India and other growing economies has opened new doors for consultants. Over the next five years, the industry is expected to continue expanding, but at a slower pace. Business in the United States will continue to grow, but sluggish corporate profit growth may slow overall industry growth. Meanwhile emerging economies are expected to hire consultants to strategize amid slowing growth conditions. This demand will help revenue grow, but will be less lucrative than the expansion consulting done during the prior period...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Report - Industry SWOT Analysis Chapter

The Global Management Consultants industry is in the growth phase of its life cycle, although growth varies significantly depending on the region. As new markets open up, particularly in booming Asian economies, the industry will remain in a growth phase. However, in more developed markets, such as the United States and Europe, the industry is exhibiting hallmarks of maturity. Industry value added, which measures the industry's contribution to the global economy, is forecast to increase at an annualized rate of 3.4% over the 10 years to 2022. Comparatively, world GDP is projected to grow 2.9% during the period. The number of industry firms and establishments is also anticipated to increase over the five years to 2022. Con...purchase to read more.

Additional Insights for the Global Management Consultants Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Global Management Consultants Industry are

  • Ability to compete on tender
  • Effective quality control
  • Well-developed internal processes
  • IBISWorld analysts also discuss how external factors such as Global aggregate private investment and Downstream Demand - Finance and Insurance in the Global Management Consultants industry impact industry performance..

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    What's in this report

    What is the Global Management Consultants Industry?

    Management consultants provide advice and assistance to organizations on strategic and organizational planning; financial planning and budgeting; marketing objectives and policies; human resource policies, practices and planning; production scheduling; and control planning. Although this industry does not encompass information technology (IT) or computer consulting services, any revenue generated from IT strategy services is included.

    Industry Products
  • Business strategy and planning consulting services
  • Operations and supply chain management consulting services
  • Financial management consulting services
  • Marketing management consulting services
  • Human resources management consulting services
  • Other management consulting services
  • Industry Activities
  • Providing actuarial, benefit and compensation consulting services
  • Providing administrative and general management consulting services
  • Providing marketing consulting services
  • Providing process, physical distribution and logistics consulting services
  • Providing change management and strategy development consulting services
  • Performing statistical analysis
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Global aggregate private investment
  • Downstream Demand - Finance and Insurance
  • GDP of the BRIC nations
  • External competition for the Global Management Consultants industry

  • Current Performance
    American bedrockSaturating emerging marketsIndustry competition increasesExploring new frontiers
  • Chart: Revenue Growth

  • Industry Outlook
    Emerging economies focus on innovationUS expansion in financial regulation and insuranceEuropean hopesIndustry consolidation and specialization
  • Table: Global Management Consultants Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Global Management Consultants Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Global Manufacturing
  • Global Electricity, Gas and Water Supply
  • Global Wholesale and Retail Trade
  • Global Telecommunications
  • Global Financial Intermediation
  • Global Public Relations Agencies
  • Global HR & Recruitment Services
  • Global Public Administration and Defence

  • Key Selling Industries
  • Global Commercial Real Estate
  • Global Computer Hardware Manufacturing
  • Global HR & Recruitment Services

  • Products & Services
  • Business strategy and planning consulting services
  • Operations and supply chain management consulting services
  • Marketing management consulting services
  • Financial management consulting services
  • Human resources management consulting services
  • Other management consulting services
  • Chart: Global Management Consultants Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumer and industrial goods
  • Financial services
  • Media, tech and telecommunications
  • Government
  • Energy and utilities
  • Health services
  • Chart: Major Market Segmentation for the Global Management Consultants Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases and depreciation
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Global Management Consultants

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Global Management Consultants Industry

  • Industry Globalization
    Accenture Ltd, Deloitte Touche Tohmatsu, PricewaterhouseCoopers International Limited,
  • Table: Accenture Ltd - financial performance
  • Table: Deloitte Touche Tohmatsu - financial performance
  • Table: PricewaterhouseCoopers International Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Global Management Consultants Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Global Management Consultants Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Global Aggregate Private Investment (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Change Management
  • The assistance provided by consultants on structural change within a company - a major growth area during the global recession.
  • Human Resources Consulting
  • The development of policies designed to ensure staff are adequately provided for, and their productivity is maximized.
  • Strategic Consulting
  • Consultants can be contracted to advise on long-term planning, with an eye to minimize costs growth and maintain profit margins. This often involves the development of new products and services.
  • What Our Customers Say

    Why buy this report?

    The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Management Consultants global market research report offers insightful industry analysis and research into the market at an international level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Global Management Consultants:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Global Management Consultants market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Global Management Consultants, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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