Management Consulting Services Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This industry comprises establishments primarily engaged in providing advice and assistance to businesses and other organizations on management issues, such as strategic and organizational planning; financial planning and budgeting; marketing objectives and policies; human resource policies, practices, and planning; production scheduling; and control planning. Illustrative Examples: Actuarial, benefit, and compensation consulting services Marketing consulting services Administrative and general management consulting services Process, physical distribution, and logistics consulting services Human resources consulting services
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Management Consulting Services industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Management Consulting Services companies in the United States.
Management Consulting Services Revenue by State
Distribution by Company Size
| Company Size | All Industries | Management Consulting Services |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Management Consulting Services Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Management Consulting Services industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total | Included |
| Strategic management consulting & implementation services |
| Business strategy & planning consulting & implementation services |
| Marketing management consulting & implementation services |
| Marketing strategy & market dev consulting & implementation services |
| Human resources management consulting & implementation services |
| Other strategic management consulting & implementation services |
| Operations & supply chain mgmt consulting & implementation services |
| Financial management consulting & implementation services |
| Compensation & benefits consulting services |
Salary information for employees working in the Management Consulting Services industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 12% | Included |
| Top Executives | 5% |
| Chief Executives | 1% |
| General and Operations Managers | 5% |
| Business and Financial Operations Occupations | 30% |
| Business Operations Specialists | 26% |
| 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 | 21% |
| Information and Record Clerks | 6% |
Government Contracts
The federal government spent an annual total of
$12,913,989,222 on the management consulting services industry. It has awarded 48,707 contracts to 4,417 companies, with an average value of $2,923,701 per company.
Top Companies in Management Consulting Services and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
