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Management Consulting in Illinois - Industry Market Research Report

  • ID: 4578192
  • Report
  • September 2020
  • Region: United States
  • 24 pages
  • IBISWorld
Free Bit of Advice: New Opportunities in the Healthcare and Financial Sectors Will Buoy the Industry

FEATURED COMPANIES

  • Accenture PLC
  • McKinsey & Company

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.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

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

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