Professional Services in Australia - Market Research Report

Professional Services industry trends (2014-2019)

poll Average industry growth 2014–2019: 1.6%

The Professional Services subdivision provides various professional, scientific and technical services to a range of markets. The subdivision has moderately expanded over the past five years. Of all the industries in the subdivision, the Scientific Research Services industry has exhibited the strongest revenue growth. Additionally, the subdivision's largest industries, the Engineering Consulting, Management Consulting, Legal Services and Accounting Services industries have all modestly grown over the past five years, contributing to the subdivision's overall growth. As a result, subdivision revenue is expected to increase at an annualised 1.5% over the five years through 2018-19, to reach $165.2 billion. This includes an expected revenue increase of...
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Professional Services industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Professional Services subdivision is projected to expand over the next five years as capital expenditure increases across private non-residential construction, private research and development and the public sector. Additionally, business confidence is forecast to be positive over the next five years, which is projected to boost demand for professional services. These trends are anticipated to continue assisting the growth of most industries in the subdivision. Subdivision revenue is forecast to grow at an annualised X.X% over the five years through XXX-XX, to reach $XX.X billion. Downstream demand Projected positive business confidence, increases in private non-residential construction and private research and development capital expenditure a...
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Professional Services industry statistics

  • attach_money Market Size: $165bn
  • business Number of Businesses: 260,948
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 844,687

Biggest companies in the Professional Services industry

The Professional Services in Australia industry has no companies with major market shares. Get the full report to find out why.

What is Professional Services industry?

Industry Definition

The Professional Services subdivision consists of industries that primarily provide services to other businesses and households. These services include scientific research; architectural, engineering and technical; legal and accounting; advertising; market research and statistics; management and related consulting; veterinary; and other professional services.

Industry Products and Services

  • Scientific and environmental research services
  • Architectural and surveying services
  • Engineering consulting services
  • Management consulting services
  • Legal services
  • Accounting services
  • Advertising and market research services
  • Other professional services

Industry Activities

  • Consulting services
  • Scientific research services
  • Advertising, design and public relations services
  • Architectural and landscape planning services
  • Legal services
  • Accounting services
  • Market research and statistical services
  • Veterinary services

Market research report - table of contents

Industry Definition

The Professional Services subdivision consists of industries that primarily provide services to other businesses and households. These services include scientific research; architectural, engineering and technical; legal and accounting; advertising; market research and statistics; management and related consulting; veterinary; and other professional services.

Main Activities

  • Consulting services
  • Scientific research services
  • Advertising, design and public relations services
  • Architectural and landscape planning services
  • Legal services
  • Accounting services
  • Market research and statistical services
  • Veterinary services

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Business confidence measures the optimism of Australian businesses, based on their current financial position and economic outlook. The Professional Servi...
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Business confidence index
Private non-residential construction capital expenditure
Capital expenditure by the public sector
Total business profit

Current Performance

Primary industries
Subdivision weaknesses
Subdivision structure
 Chart: Revenue Growth

Industry Outlook

Competition and subdivision structure
Globalisation trends
 Table: Professional Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Professional Services in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Mining
Manufacturing
Construction in Australia
Retail Trade
Financial and Insurance Services
Professional, Scientific and Technical Services
Public Administration and Safety
Consumers

Key Selling Industries

Telecommunications Services in Australia
Professional Services in Australia





Products & Services

Firms in the Professional Services subdivision provide a range of services to clients. The subdivision's largest segments relate to consulting, legal and ...
Other divisions
Building and construction industries
Public sector and utilities
Households
Mining industries

Demand Determinants

Due to the range of services offered by companies across the subdivision, demand drivers are numerous and diverse. Overall, the demand for professional se...
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Major Markets

Other divisions
Building and construction industries
Public sector and utilities
Households
Mining industries


 Chart: Major Market Segmentation for the Professional Services in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Professional Services subdivision exhibits low market share concentration. The four largest companies in the subdivision are expected to account for s...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Professional Services in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Professional Services in Australia - Market Research Report Industry

Industry Globalization

The Professional Services in Australia industry has no major companies. Get the full report to find out why.

Capital Intensity

The Professional Services subdivision is characterised by low capital intensity. IBISWorld estimates that for every dollar spent on wages, the industry in...
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 Chart: Level of Capital Intensity for the Professional Services in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Professional Services in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Professional Services industry?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
  • Quickly build competitive intelligence

This report on Professional Services in Australia:

  • 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 Professional Services in Australia 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 Professional Services in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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