Management Consulting Services Global Market Briefing 2018
Including: Administrative Management and General Management Consulting Services, Human Resources Consulting Services, Marketing Consulting Services, Process, Physical Distribution and Logistics Consulting Services.
Covering: Deloitte LLP, IBM Global Business Services, PwC LLP, Ernst & Young LLP, KPMG LLP.
The Business Research Company’s reports are based on the methodology below.
Our datasets are created using a wide range of proprietary and public sources including leading government bodies, associations, trade journals, market intelligence reports and trade magazines. Data is modelled based on hard data, extrapolation, regression analysis based on known macro data inputs, interpolation between hard figures, comparisons with other geographies and markets, price estimations, and qualitative inputs. Data is triangulated within our unique market data model covering an exhaustive list of 200+ markets across 12 countries and 5 regions. Comparable data is used for sanity check and trend analysis. For example our global market value data is compared to unit sales and price data for the relevant market as well as relevant macro-economic datasets in order to establish validity.
Analysis is drawn from our Consultants’ wide range of industry and research experience as well as public and proprietary sources. Consultants are trained in research techniques and ethics by the Market Research Society.
Verification Through Expert Interviews
Every year The Business Research Company carries out thousands of interviews with senior executives and industry experts across hundreds of markets. Through these interviews we develop our internal understanding of markets and geographies and cross reference our understanding of global markets with expert feedback utilizing ‘Delphic’ research methodologies.
The Business Research Company prides itself on the quality and validity of its data and analysis. Our unique ‘end noted’ referencing approach allows the user to trace our market numbers and analysis back to the specific data sources they were derived from.
Competitor Market Share Data
The competitor market share data is intended to represent the companies that gain the most revenues from the given market and the percentage share of the market that they hold. If a company derives most of its revenues from the market, its revenues are given in full. If a large part of the company's revenues come from other markets, only the division of the company which operates in this market is included. Where accurate information is not available on the revenues a company generates from the market its market share is not included, however a profile of the company may still be included if it is a significant competitor in the market.
Market value is defined as the revenues earned by organizations for products and services within the specified market. The break down by geography is revenue generated within the specific industry by organizations in the specified geography, irrespective of where they are produced.
The management consulting services market comprise establishments providing a range of services dealing with advice and assistance on organization planning, financial budgeting, marketing strategies, human resource practices, administration policies and production and logistics scheduling.
North America was the largest region in the management consulting services market in 2017, accounting for around 37% market share. This was due to the rise in the number of new businesses and increased demand for financial planning, budgeting, business process improvement and other management consulting services from commercial organizations. Western Europe was the second largest region accounting for around 35% market share. South America was the smallest region accounting for around 3% market share.
Services are now being split into several individual components and sold separately rather than bundled together. There has been a growing trend from clients to pick and choose service elements that can be executed in house and allocate the rest to specific service providers. This approach is called modularization of services and is a response to clients that a single firm would not be able to handle the complexity of a large project and hence wanting four to five firms to collaborate. Alternatively the client may want to break down the project into various small components that can be allocated to specialized professional firms. Management consulting service providers are collaborating with specialized consulting companies to increase their market share and expertize. For instance, leading global consulting firm, Oliver Wyman, collaborated with other consulting firms to strengthen its expertise in various industries such as with TeamSAI (aerospace and aviation), ChapterHouse (healthcare), Harbour Consulting (automotive) and Corven (energy).
- Table 1 : Global Management Consulting Services Market, Forecast Market Size, 2013-2017
- Table 2 : Global Management Consulting Services Market, Forecast Market Size, 2017-2021
- Table 3 : Global Management Consulting Services Market, Split By Region, 2017
- Table 4 : Global Management Consulting Services Market, Historic and Forecast Growth, By Region, 2013-2021
- Table 5 : Global Management Consulting Services Market, Split By Country, 2017
- Table 6 : Global Management Consulting Services Market, Historic and Forecast Growth Rate, By Country, 2013- 2021
- Table 7 : Global Management Consulting Services Market, Key Competitor Estimated Market Shares, 2017
- Figure 1 : Global Management Consulting Services Market, Historic Market Size, 2013-2017
- Figure 2 : Global Management Consulting Services Market, Forecast Market Size, 2017-2021
- Figure 3 : Global Management Consulting Services Market, Split By Region, 2017
- Figure 4 : Global Management Consulting Services Market, Historic and Forecast Growth, By Region, 2013-2021
- Figure 5 : Global Management Consulting Services Market, Split By Country, 2017
- Figure 6 : Global Management Consulting Services Market, Historic and Forecast Growth Rate, By Country, 2013- 2021
- Figure 7 : Global Management Consulting Services Market, Key Competitor Estimated Market Shares, 2017
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