Management Consulting in Illinois - Industry Market Research Report

  • ID: 4578192
  • Report
  • Region: Illinois
  • 35 pages
  • IBISWorld
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Free bit of advice: New opportunities in the healthcare and financial sectors will buoy the industry

FEATURED COMPANIES

  • Accenture PLC
  • McKinsey & Company
  • MORE

Management Consulting in Illinois

The Management Consulting industry in Illinois is firmly entrenched in the state's economy, particularly in the Chicago region, where more than 80.0% of the industry's establishments are located. Many of the largest companies in the industry have large offices in the Midwestern commerce capital, and every major player in the industry has at least some presence in the city to remain close to high-value clientele also located there. This has given the industry outsized value in Illinois. However, the industry has experienced muted growth over the past five years because of general economic malaise and public sector discord. Over the next five years, the industry is expected to grow along with the general Illinois economy. Healthcare and financial services industries in particular will continue to provide new business opportunities. Consolidation from the largest industry players is forecast to continue; however, the overall industry structure will still be dominated by small, nonemploying operators.

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.

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FEATURED COMPANIES

  • Accenture PLC
  • McKinsey & Company
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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  • McKinsey & Company
  • Deloitte Touche Tohmatsu LLC
  • PricewaterhouseCoopers LLP
  • Accenture PLC
Note: Product cover images may vary from those shown
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