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The 2022 Report on Management Consulting Services: World Market Segmentation by City

  • ID: 5379592
  • Report
  • July 2021
  • Region: Global
  • 504 pages
  • ICON Group International
This report was created for global strategic planners who cannot be content with traditional methods of segmenting world markets. With the advent of a "borderless world", cities become a more important criteria in prioritizing markets, as opposed to regions, continents, or countries. This report covers the top 2,000 cities in over 200 countries. It does so by reporting the estimated market size (in terms of latent demand) for each major city of the world. It then ranks these cities and reports them in terms of their size as a percent of the country where they are located, their geographic region (e.g. Africa, Asia, Europe, Middle East, North America, Latin America), and the total world market.

This study covers management consulting services as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").

The NAICS code for management consulting services is 54161. It is for this definition that aggregate latent demand estimates are derived. Management consulting services is specifically defined as follows:
  • 54161 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.
  • 541611 This U.S. industry comprises establishments primarily engaged in providing operating advice and assistance to businesses and other organizations on administrative management issues, such as financial planning and budgeting, equity and asset management, records management, office planning, strategic and organizational planning, site selection, new business startup, and business process improvement. This industry also includes establishments of general management consultants that provide a full range of administrative; human resource; marketing; process, physical distribution, and logistics; or other management consulting services to clients.
  • 541612 This U.S. industry comprises establishments primarily engaged in providing advice and assistance to businesses and other organizations in one or more of the following areas: (1) human resource and personnel policies, practices, and procedures; (2) employee benefits planning, communication, and administration; (3) compensation systems planning; (4) wage and salary administration; and (5) executive search and recruitment.
  • 541613 This U.S. industry comprises establishments primarily engaged in providing operating advice and assistance to businesses and other organizations on marketing issues, such as developing marketing objectives and policies, sales forecasting, new product developing and pricing, licensing and franchise planning, and marketing planning and strategy.
  • 541614 This U.S. industry comprises establishments primarily engaged in providing operating advice and assistance to businesses and other organizations in areas, such as: (1) manufacturing operations improvement; (2) productivity improvement; (3) production planning and control; (4) quality assurance and quality control; (5) inventory management; (6) distribution networks; (7) warehouse use, operations, and utilization; (8) transportation and shipment of goods and materials; and (9) materials management and handling.
  • 541618 This U.S. industry comprises establishments primarily engaged in providing management consulting services (except administrative and general management consulting; human resources consulting; marketing consulting; or process, physical distribution, and logistics consulting). Establishments providing telecommunications or utilities management consulting services are included in this industry.
  • 541619 Retained executive recruiting
  • 541619P Primary services
  • 5416121 Establishments primarily engaged in applying statistical calculation especially of life expectancy in assessing life, health, social, and casualty insurance; annuities; pensions; and compensation and benefits planning.
  • 5416122 Establishments primarily engaged in executive search and recruitment services or executive placement services.
Note: Product cover images may vary from those shown
1 Introduction & Methodology
1.1 Overview and Definitions
1.2 Market Potential Estimation Methodology
1.2.1 Overview
1.2.2 What is Latent Demand and the P.I.E.?
1.2.3 The Methodology Step 1. Product Definition and Data Collection Step 2. Filtering and Smoothing Step 3. Filling in Missing Values Step 4. Varying Parameter, Non-Linear Estimation Step 5. Fixed-Parameter Linear Estimation Step 6. Aggregation and Benchmarking
1.3 Frequently Asked Questions (FAQ)
1.3.1 Category Definition
1.3.2 Units
1.3.3 Methodology

2 Using the Data

3 City Segments Ranked by Market Size
3.1 Top 15 Markets
3.2 Markets 16 to 30
3.3 Remaining Cities by Market Rank

4 City Segments in Alphabetical Order
4.1 A: From Aalborg to Azul
4.2 B: From Babahoyo to Byumba Town
4.3 C: From Caaguazu to Częstochowa
4.4 D: From Da Lat to Dzuunmod
4.5 E: From Ebebiyin to Eunos Grc
4.6 F: From Facatativá to Fuzhou
4.7 G: From Gabes to Gyumri
4.8 H: From Ha Long (Hong Gai) to Hyesan
4.9 I: From Ialta (Yalta) to Izmit
4.10 J: From Jabalpur to Jyvaskyla
4.11 K: From Kabankalan to Kyzylorda
4.12 L: From La Banda to Lysychans'k
4.13 M: From Ma`Arrat an Nu`Man to Mzuzu
4.14 N: From Naberezhnye Tchelny to Nzerekore
4.15 O: From Oakville to Ozamis City
4.16 P: From Pabna to Pyongyang
4.17 Q: From Qaemshahr to Quito
4.18 R: From Ra'annana to Rzeszów
4.19 S: From Saanich to Szombathely
4.20 T: From Tabaco to Tyumen
4.21 U: From Uberaba to Uzhhorod
4.22 V: From Vacoas-Phoenix to Vung Tau
4.23 W: From Wa to Wuxi
4.24 X: From Xai-Xai to Xuzhou
4.25 Y: From Yakutsk to Yuhua
4.26 Z: From Zaanstad to Zwolle

5 City Segments Ranked by Country
5.1 Afghanistan
5.2 Albania
5.3 Algeria
5.4 American Samoa
5.5 Andorra
5.6 Angola
5.7 Antigua and Barbuda
5.8 Argentina
5.9 Armenia
5.10 Aruba
5.11 Australia
5.12 Austria
5.13 Azerbaijan
5.14 Bahrain
5.15 Bangladesh
5.16 Barbados
5.17 Belarus
5.18 Belgium
5.19 Belize
5.20 Benin
5.21 Bermuda
5.22 Bhutan
5.23 Bolivia
5.24 Bosnia and Herzegovina
5.25 Botswana
5.26 Brazil
5.27 Brunei
5.28 Bulgaria
5.29 Burkina Faso
5.30 Burundi
5.31 Cambodia
5.32 Cameroon
5.33 Canada
5.34 Cape Verde
5.35 Chad
5.36 Chile
5.37 China
5.38 Christmas Island
5.39 Colombia
5.40 Comoros
5.41 Costa Rica
5.42 Cote D'ivoire
5.43 Croatia
5.44 Cuba
5.45 Cyprus
5.46 Denmark
5.47 Djibouti
5.48 Dominica
5.49 Ecuador
5.50 Egypt
5.51 El Salvador
5.52 Equatorial Guinea
5.53 Eritrea
5.54 Estonia
5.55 Eswatini
5.56 Ethiopia
5.57 Fiji
5.58 Finland
5.59 France
5.60 French Polynesia
5.61 Gabon
5.62 Georgia
5.63 Germany
5.64 Ghana
5.65 Greece
5.66 Greenland
5.67 Grenada
5.68 Guam
5.69 Guatemala
5.70 Guinea
5.71 Guinea-Bissau
5.72 Guyana
5.73 Haiti
5.74 Honduras
5.75 Hong Kong
5.76 Hungary
5.77 Iceland
5.78 India
5.79 Indonesia
5.80 Iran
5.81 Iraq
5.82 Ireland
5.83 Israel
5.84 Italy
5.85 Jamaica
5.86 Japan
5.87 Jordan
5.88 Kazakhstan
5.89 Kenya
5.90 Kiribati
5.91 Kosovo
5.92 Kuwait
5.93 Kyrgyzstan
5.94 Laos
5.95 Latvia
5.96 Lebanon
5.97 Lesotho
5.98 Liberia
5.99 Libya
5.100 Liechtenstein
5.101 Lithuania
5.102 Luxembourg
5.103 Macau
5.104 Macedonia
5.105 Madagascar
5.106 Malawi
5.107 Malaysia
5.108 Mali
5.109 Malta
5.110 Mauritania
5.111 Mauritius
5.112 Mexico
5.113 Micronesia
5.114 Moldova
5.115 Monaco
5.116 Mongolia
5.117 Montenegro
5.118 Morocco
5.119 Mozambique
5.120 Myanmar
5.121 Namibia
5.122 Nauru
5.123 Nepal
5.124 New Caledonia
5.125 New Zealand
5.126 Nicaragua
5.127 Niger
5.128 Nigeria
5.129 Niue
5.130 Norfolk Island
5.131 North Korea
5.132 Norway
5.133 Oman
5.134 Pakistan
5.135 Palau
5.136 Palestine
5.137 Panama
5.138 Papua New Guinea
5.139 Paraguay
5.140 Peru
5.141 Poland
5.142 Portugal
5.143 Puerto Rico
5.144 Qatar
5.145 Romania
5.146 Russia
5.147 Rwanda
5.148 Samoa
5.149 San Marino
5.150 Sao Tome E Principe
5.151 Saudi Arabia
5.152 Senegal
5.153 Serbia
5.154 Seychelles
5.155 Sierra Leone
5.156 Singapore
5.157 Slovakia
5.158 Slovenia
5.159 Somalia
5.160 South Africa
5.161 South Korea
5.162 South Sudan
5.163 Spain
5.164 Sri Lanka
5.165 St. Kitts and Nevis
5.166 St. Lucia
5.167 St. Vincent and the Grenadines
5.168 Sudan
5.169 Suriname
5.170 Sweden
5.171 Switzerland
5.172 Syria
5.173 Taiwan
5.174 Tajikistan
5.175 Tanzania
5.176 Thailand
5.177 The Bahamas
5.178 The British Virgin Islands
5.179 The Cayman Islands
5.180 The Central African Republic
5.181 The Cook Islands
5.182 The Czech Republic
5.183 The Democratic Republic of the Congo
5.184 The Dominican Republic
5.185 The Falkland Islands
5.186 The Gambia
5.187 The Maldives
5.188 The Marshall Islands
5.189 The Netherlands
5.190 The Northern Mariana Islands
5.191 The Philippines
5.192 The Republic of the Congo
5.193 The Solomon Islands
5.194 The U.S. Virgin Islands
5.195 The United Arab Emirates
5.196 The United Kingdom
5.197 The United States
5.198 Timor-Leste
5.199 Togo
5.200 Tonga
5.201 Trinidad and Tobago
5.202 Tunisia
5.203 Turkey
5.204 Turkmenistan
5.205 Tuvalu
5.206 Uganda
5.207 Ukraine
5.208 Uruguay
5.209 Uzbekistan
5.210 Vanuatu
5.211 Venezuela
5.212 Vietnam
5.213 Wallis and Futuna
5.214 Western Sahara
5.215 Yemen
5.216 Zambia
5.217 Zimbabwe

6 Disclaimers, Warranties, and User Agreement Provisions
6.1 Disclaimers & Safe Harbor
6.2 User Agreement Provisions
Note: Product cover images may vary from those shown
This study covers the world outlook for management consulting services across more than 2,000 cities. For the year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the city in question (in millions of U.S. dollars), the percent share the city is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a city vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study does not report actual sales data (which are simply unavailable, in a comparable or consistent manner in virtually all of the cities of the world). This study gives, however, Professor Parker's estimates for the worldwide latent demand, or the P.I.E., for management consulting services. It also shows how the P.I.E. is divided across the world's cities. In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on international strategic planning at graduate schools of business.
Note: Product cover images may vary from those shown