Management Consulting in California - Industry Market Research Report

Help wanted: Increases in corporate profit and the total number of businesses will bolster industry growth

Management Consulting in California

Over the five years to 2017, the Management Consulting industry in California has been successful as stronger corporate profitability and increasing business expenditure resulted in higher demand for advisory services. Over the five years to 2022, the industry is expected to grow in line with the overall US economy. IT will continue to be a key growth area for firms, while other sectors, such as healthcare, also provide new business opportunities. Consolidation from the largest industry players is forecast to continue; however, the overall industry structure will continue to be dominated by small, nonemploying operators. Over the five years to 2022, industry revenue is forecast to increase at a faster rate than during the previous five-year period.

Management consultants advise businesses, nonprofits and public-sector agencies in the following areas: organizational design, human resources, corporate strategy, information technology strategy, marketing and sales, finances and logistics. This industry excludes establishments providing day-to-day administrative services and establishments that are concentrated in recruitment, training, public relations, market research, engineering design, computer systems design and investment advice.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.