Standard Report | Premium Report | |
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Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
Government Vendors | ||
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2025 U.S. Industry Statistics & Market Forecast - Management Consulting Services
Market Size & Industry Statistics
The total U.S. industry market size for Management Consulting Services:
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.
Statistics | 2020 2021 2022 2023 2024 | |
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Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
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Market Forecast ($ millions) | |||||
Projected Industry Growth Rate (%) |
Industry Insights
Major trends affect the Management Consulting Services industry include:- Increased demand for digital transformation consulting
- Growth in data analytics services
- Shift towards remote consulting
- Rise in cybersecurity consulting
- Focus on sustainability and ESG initiatives
- Growing importance of AI and automation
- Expansion of healthcare consulting due to regulatory changes
- Increased integration of blockchain technology
- Preference for outcome-based engagement models
- Consolidation in the industry through mergers and acquisitions
- Greater emphasis on employee experience and talent management
- Emergence of boutique consultancies specializing in niche areas
- Adoption of agile methodologies in project management
- Pressure to offer more competitive pricing models
- Expansion into emerging markets
- Growing regulatory and compliance requirements
Product & Services Breakdown
Research products and services in the Management Consulting Services industry generating sales. Note that products are broken into categories with different levels of classification.Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
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Industry Total |
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Information Technology (It) Technical Consulting Services |
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Business Process Management Services, Including Financial, Human Resources, Supply-Chain, Customer Relations, And Vertical Marke |
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General Accounting Services |
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Custom Application Design And Development Services |
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Computer Systems Design, Development, And Integration Services |
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It Infrastructure And Network Management Services |
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Strategic Management Consulting And Implementation Services |
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Business Strategy And Planning Consulting And Implementation Services |
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Corporate Development And Restructuring Consulting And Implementation Services |
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Other Strategic Management Consulting And Implementation Services |
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Financial Management Consulting And Implementation Services |
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Management Accounting And Controllership Consulting And Implementation Services |
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Other Financial Management Consulting And Implementation Services |
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Marketing Management Consulting And Implementation Services |
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Marketing Strategy And Market Development Consulting And Implementation Services |
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Sales Management And Development Consulting And Implementation Services |
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Other Marketing Management Consulting And Implementation Services |
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Human Resources Management Consulting And Implementation Services |
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Compensation And Benefits Consulting Services |
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Other Human Resources Management Consulting Services |
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Operations And Supply Chain Management Consulting And Implementation Services |
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Integrated Supply Chain And Logistics Management Consulting And Implementation Services |
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Operations Management Consulting And Implementation Services, Excluding Logistics Consulting |
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Scientific/Technical Consulting Services, Excluding Environmental |
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All Other Consulting Services |
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Other Management Services |
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Resale Of Merchandise |
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All Other Receipts |
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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.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 Average | Percent of Sales (Industry Benchmark) |
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Total Revenue | Order at top of page |
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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 Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Management Consulting Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
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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 Services industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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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). |
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Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Management Consulting Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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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. |
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Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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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. |
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Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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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.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
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Management Occupations | 16% | Order at top of page |
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Top Executives | 7% | |||
Chief Executives | 0% | |||
General and Operations Managers | 7% | |||
General and Operations Managers | 7% | |||
Business and Financial Operations Occupations | 34% | |||
Business Operations Specialists | 30% | |||
Management Analysts | 12% | |||
Management Analysts | 12% | |||
Market Research Analysts and Marketing Specialists | 5% | |||
Market Research Analysts and Marketing Specialists | 5% | |||
Computer and Mathematical Occupations | 10% | |||
Computer Occupations | 9% | |||
Sales and Related Occupations | 7% | |||
Office and Administrative Support Occupations | 15% |
Management Consulting Services Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Management Consulting Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Management Consulting Services industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Management Consulting Services industry. |
Latest Industry News
- Investors start subscription to ITMAM Consulting 3M shares on Nomu today - Jan. 5, subscription toITMAM Consulting Co.’s three million shares on the Nomu-Parallel Market. The price range was set between (01/05/2025)
- CDI Engineering Solutions, LLC Acquired by Tata Consulting Engineers, Marking a Transformative Milestone in Global Engineering Services - Strategic Acquisition Expands Global Engineering Expertise and Sustainable Solutions for the Future HOUSTON, TEXAS / ACCESSWIRE / January 3, 2025 (01/03/2025)
- Innovation in enterprise solutions: A conversation with Vinay Kumar Gali - Vinay Kumar Gali is a solution architect and finance lead with over 16 years of experience in implementing Oracle Financial solutions. His expertise spans various industries, including financial services, (01/03/2025)
- Davies strengthens senior leadership as it expands service offerings - This is an exciting time for the firm and I look forward to seeing how they contribute to our success moving forward,' says chief executive (01/03/2025)
- Data Center Jobs: Sales and Engineering Jobs Available in Major Markets - Data Center Frontier, in partnership with Pkaza, posts some of the hottest data center jobs in the market. Find your next job here! (01/03/2025)
- Request for Expressions of Interest: Fund of funds manager — DICE funds, consulting services firms - As part of implementation arrangements, the iDICE Programme Coordination Unit (PCU) within the Bank of Industry (BOI) – the Executing Agency for the Programme appointed by the FGN – is seeking to engage the services of a Fund of Funds Manager. (01/02/2025)
- Expert Medical Billing Launches Strategic Partnership Program to Empower Healthcare Consulting Firms and Medical Practice Advisors - Expert Medical Billing Launches Strategic Partnership Program to Empower Healthcare Consulting Firms and Medical Practice (12/31/2024)
- Parsons Selected to Help Build Austin, Texas, Light Rail Project - Parsons Corp. said it was selected to participate in the $7 billion light rail project being constructed in Austin, Texas. (12/30/2024)
- What lies ahead for GCCs in India after a pivotal year - Global capability centres, which started as cost centres, have established themselves as key hubs for MNCs. Competition for talent could soon turn into competition for business. (12/24/2024)
- New York-based Mitchell Martin will acquire KC-area consulting/staffing firm - A New York-based ESOP staffing company is acquiring Overland Park-based agency AdamsGabbert effective Dec. 31. (12/24/2024)