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UK SIC M70.229 | Industry Report

Management Consultants in the UK Industry Data and Analysis

KD
Krasimir Dinev
Analyst London, United Kingdom December 2025

In recent years, while adverse economic conditions have slowed down demand for management consultants, revenue has been upheld by swelling demand for IT consulting services. While expanding business activity and spending have fuelled management consultants’ revenue during upbeat economic conditions, the provision of countercyclical services has supported revenue during periods of economic instability. They’ve also benefitted from regulatory changes, as businesses have required help to fine-tune their strategies and operations following Brexit and recent volatile conditions, including the COVID-19 pandemic, severe inflationary pressures and geopolitical tensions. Revenue is expected to climb at a compound annual rate of 2% over the five years through 2025-26 to £82 billion, despite a 0.3% dip in the current year.

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What's included in this industry analysis

IBISWorld's research coverage on the Management Consultants industry in the United Kingdom includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released December 2025.

About this industry

What's this industry report about?

The Management Consultants industry in the United Kingdom operates under the SIC industry code M70.229. Management consultants provide advice, guidance and operational assistance to businesses and other organisations on management issues. Principal areas of consultation include corporate strategic and organisational planning, marketing, human resources and operational management. The industry excludes the provision of consulting advice on legal, engineering and educational matters. Consulting relating to financial management is also excluded. Related terms covered in the Management Consultants industry in the United Kingdom include auditing, corporate strategy, omnichannel selling, big four and restructuring.

What's included in this industry?

Products and services covered in Management Consultants industry in the United Kingdom include IT strategy, Programme or project management and Process and operations management.

What companies are included in this industry?

Companies covered in the Management Consultants industry in the United Kingdom include Accenture (UK) Ltd, PricewaterhouseCoopers LLP and The Boston Consulting Group UK LLP.

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 Management Consultants industry in the United Kingdom.

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 Management Consultants industry in the United Kingdom.

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 Management Consultants industry in the United Kingdom.

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 Management Consultants industry in the United Kingdom. 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 Management Consultants industry in the United Kingdom. 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 Management Consultants industry in the United Kingdom. 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 Management Consultants industry in the United Kingdom. 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 Management Consultants industry in the United Kingdom.

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Frequently Asked Questions

What is the market size of the Management Consultants industry in the United Kingdom in 2026?

The market size of the Management Consultants industry in the United Kingdom is £82.0bn in 2026.

How many businesses are there in the Management Consultants industry in the United Kingdom in 2025?

There are 184k businesses in the Management Consultants industry in the United Kingdom, which has grown at a CAGR of 3.1 % between 2020 and 2025.

How may import tariffs affect the Management Consultants industry in the United Kingdom?

The Management Consultants industry in the United Kingdom 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 Management Consultants industry in the United Kingdom?

The Management Consultants industry in the United Kingdom is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Management Consultants industry in the United Kingdom grown or declined over the past 5 years?

The market size of the Management Consultants industry in the United Kingdom has been growing at a CAGR of 2.0 % between 2020 and 2025.

What is the forecast growth of the Management Consultants industry in the United Kingdom over the next 5 years?

Over the next five years, the Management Consultants industry in the United Kingdom is expected to grow.

What are the biggest companies in the Management Consultants industry in the United Kingdom?

The biggest companies operating in the Management Consultants industry in the United Kingdom are Accenture (UK) Ltd, PricewaterhouseCoopers LLP and The Boston Consulting Group UK LLP

What does the Management Consultants industry in the United Kingdom include?

IT strategy and Corporate strategy are part of the Management Consultants industry in the United Kingdom.

Which companies have the highest market share in the Management Consultants industry in the United Kingdom?

The company holding the most market share in the Management Consultants industry in the United Kingdom is Accenture (UK) Ltd.

How competitive is the Management Consultants industry in the United Kingdom?

The level of competition is moderate and increasing in the Management Consultants industry in the United Kingdom.

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