So strategic: The collapse in the price of commodities will boost demand for consultants

The Management Consulting industry in Ontario is expected to outpace its national counterpart. Advisory services include strategic, financial, marketing, operational and supply chain management consulting services. In trend with the national industry, demand for consultants grew due to the price of commodities collapsing multiple times over the five years to 2019. Although the industry is expected to substantially grow over the five years to 2019, external competition from the IT Consulting industry in Canada (IBISWorld report 54151CA) hindered overall growth opportunities. Ontario is recognized for its top universities, research hospitals, manufacturing output and finance more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • External competition from the IT Consulting industry in Canada hindered overall growth opportunities
  • Industry Report - Industry Locations Chapter

    The Canadian Management Consulting industry's establishment count is closely tied with the nation's population distribution and total manufacturing output. The province's share of establishments exhibits this, as it represents 45.8% of the national industry's establishment count. Ontario is the most populated province, anticipated to account for 38.7% of Canada's population and 46.8% of total manufacturing output. With the manufacturing sector and service-producing businesses supporting industry demand, operators benefit from operating in Ontario. Manufacturers find the province attractive to do business in due to its proximity to downstream markets and ability to reduce transportation and trade costs with the United States. Mor...purchase to read more.

    Additional Insights for the Management Consulting in Ontario Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Management Consulting in Ontario Industry are

  • Ability to effectively communicate and negotiate
  • Access to highly skilled workforce
  • Well-developed internal processes
  • IBISWorld analysts also discuss how external factors such as Number of businesses in Ontario and Demand from finance and insurance in the Management Consulting in Ontario industry impact industry performance..

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    What's in this report

    What is the Management Consulting in Ontario Industry?

    Industry operators advise businesses, nonprofit organizations and public sector agencies in several areas, such as organizational design, corporate strategy, marketing and sales, financial advisory and logistics. This industry excludes establishments that provide day-to-day administrative services and companies that concentrate on recruitment, training, public relations, market research, engineering design, computer systems design or investment advice.

    Industry Products
  • Strategic management
  • Human resources management
  • Financial management
  • Marketing management
  • Operations and supply chain management
  • Other management
  • Other nonmanagement
  • Industry Activities
  • Strategic management consulting services
  • Financial management consulting services
  • Marketing management consulting services
  • Operations and supply chain management consulting services
  • Other management consulting services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of businesses in Ontario
  • Demand from finance and insurance
  • Manufacturing GDP of Ontario
  • Local and provincial government expenditure in Ontario
  • Corporate profit

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Management Consulting in Ontario Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing In Canada

  • Key Selling Industries
  • Accounting Services in Canada
  • Consumer Electronics Stores in Canada
  • Database & Directory Publishing in Canada
  • HR Consulting in Canada
  • Market Research in Canada

  • Products & Services
  • Other management
  • Strategic management
  • Marketing management
  • Human resources management
  • Financial management
  • Operations and supply chain management
  • Other nonmanagement
  • Chart: Management Consulting in Ontario Industry Products and Services Segmentation

  • Major Markets
  • Service-producing businesses
  • Goods-producing businesses
  • Governments, public institutions and nonprofit organizations
  • Individuals and households
  • Chart: Major Market Segmentation for the Management Consulting in Ontario Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Management Consulting in Ontario

  • Basis of Competition
    Barriers to Entry
    Accenture plc, Alvarez & Marsal Holdings LLC, Deloitte Touche Tohmatsu Limited, McKinsey & Company,
  • Table: Accenture plc - financial performance
  • Table: Alvarez & Marsal Holdings LLC - financial performance
  • Table: Deloitte Touche Tohmatsu Limited - financial performance
  • Table: McKinsey & Company - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Management Consulting in Ontario Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Management Consulting in Ontario Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • ON - Number of businesses in Ontario (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Human Resources Consulting
  • The contracting of a consultant for advice on structuring human resource and personnel policies, employee benefits, compensation systems and wage and salary administration.
  • Management Consultant
  • A consultant who provides advice and assistance to businesses and other organizations on various issues, including management.
  • Strategic Consulting
  • The contracting of a consultant to advise on long-term planning with an eye toward minimizing costs and maintaining profit, often in conjunction with the development of new products and services.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Management Consulting in Ontario market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
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    This report on Management Consulting in Ontario:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Management Consulting in Ontario market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Management Consulting in Ontario, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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