Mobile Menu
Australia
AU ANZSIC M6900 | Industry Report

Professional Services in Australia Industry Data and Analysis

IY
Ivan Yam
Analyst Melbourne, Australia August 2025

The Professional Services subdivision's performance is largely linked to overall economic conditions, which often determine business confidence and capital expenditure. Over the past few years, greater business profit and rising capital expenditure by the public sector have supported subdivision demand. However, construction projects that were delayed or cancelled because of surging construction expenses and labour scarcity adversely impacted several industries, including architectural services and engineering consulting. Many firms have faced scrutiny over conflicts of interest, transparency and public sector expenditures, which has led them to restructure operations and enhance compliance procedures in order to re-establish confidence. These factors have dampened overall subdivision performance, contributing to revenue weakening by an annualised 0.2% through the end of 2024-25 to $305.7 billion. This trend includes a 1.9% dip in 2024-25 as the advisory market faces a significant downturn.

Continue reading

Access this data your way

The Professional Services in Australia Industry analysis is available in multiple formats to fit seamlessly into your workflow.

IBISWorld Industry Report platform

IBISWorld Platform

Answer any industry question in minutes with our entire database at your fingertips.

Screen of code example for the IBISWorld api

API Data Delivery

Feed trusted, human-driven industry intelligence straight into your platform.

IBISWorld Data integration with a Client user interface

Integrations

Streamline your workflow with IBISWorld’s intelligence built into your toolkit.

What's included in this industry analysis

IBISWorld's research coverage on the Professional Services industry in Australia includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released August 2025.

About this industry

What's this industry report about?

The Professional Services industry in Australia operates under the ANZSIC industry code M6900. The Professional Services subdivision consists of industries primarily providing services to other businesses and households. These services include scientific research, architectural, engineering and technical services; legal and accounting services; advertising, market research and statistics; management and related consulting; veterinary services; and other professional services. Related terms covered in the Professional Services industry in Australia include outsourcing, in-house and mytax.

What's included in this industry?

Products and services covered in Professional Services industry in Australia include Engineering consulting services, Management consulting services and Accounting services.

What companies are included in this industry?

Companies covered in the Professional Services industry in Australia include EY, PwC Australia and Deloitte Touche Tohmatsu.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Professional Services industry in Australia.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Professional Services industry in Australia.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Professional Services industry in Australia.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Professional Services industry in Australia. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Professional Services industry in Australia. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Professional Services industry in Australia. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Professional Services industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Professional Services industry in Australia.

Trusted by industry professionals

More than 6,000 businesses use IBISWorld to shape local and global economies

We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.

BDO logo

IBISWorld delivers the crisp business knowledge we need to drive our business.  Whether it be serving up our major clients, winning new business or educating  on industry issues, IBISWorld brings real value.

PWC logo

IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.

Australian Trade and Investment Commission logo

When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.

Citi Bank logo

10,000,000+ Data points

100% Industry analyst verified

50,000 + Industry titles

Frequently Asked Questions

What is the market size of the Professional Services industry in Australia in 2026?

The market size of the Professional Services industry in Australia is $305.7bn in 2026.

How many businesses are there in the Professional Services industry in Australia in 2025?

There are 276k businesses in the Professional Services industry in Australia, which has grown at a CAGR of 2.2 % between 2020 and 2025.

How may import tariffs affect the Professional Services industry in Australia?

The Professional Services industry in Australia is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Professional Services industry in Australia?

The Professional Services industry in Australia is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Professional Services industry in Australia grown or declined over the past 5 years?

The market size of the Professional Services industry in Australia has been declining at a CAGR of 0.2 % between 2020 and 2025.

What is the forecast growth of the Professional Services industry in Australia over the next 5 years?

Over the next five years, the Professional Services industry in Australia is expected to grow.

What are the biggest companies in the Professional Services industry in Australia?

The biggest companies operating in the Professional Services industry in Australia are EY, PwC Australia and Deloitte Touche Tohmatsu

What does the Professional Services industry in Australia include?

Consulting services and Scientific research services are part of the Professional Services industry in Australia.

Which companies have the highest market share in the Professional Services industry in Australia?

The company holding the most market share in the Professional Services industry in Australia is EY.

How competitive is the Professional Services industry in Australia?

The level of competition is high and increasing in the Professional Services industry in Australia.

Cut through the noise with intelligence you can trust

/img/content/home/cta-image-1.webp
/img/content/home/cta-image-2.webp
/img/content/home/cta-image-3.webp
/img/content/home/cta-image-4.webp
/img/content/home/cta-image-5.webp