Solid solutions: Growth continues with positive business confidence and strong demand

The Consulting Services industry has grown over the past five years. Demand for industry services has increased in line with rising economic activity, positive business confidence and rising capital expenditure. All sectors in the economy use industry services, requiring advice on efficient capital allocation, operational management, strategic vision, public image and other business-related issues. The industry provides these services to private businesses, government organisations and not-for-profit institutions. This broad client base helps keep revenue volatility low, as declines in one sector are usually offset by gains in another. Industry revenue is expected to increase at an annualised 2.4% over the five years through 2017-18, to $6.5 billion...read more.

Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 13-18
2.4%
Forecast Growth 18-23
Profit
Employment
21,765
Businesses
21,063
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Government expenditure and business confidence boost revenue
  • Technology integration is likely to increase as firms look to data analysis software to gain market insights
  • Industry Report - Industry Locations Chapter

    The overwhelming majority of consultants are based in the Auckland region, with more than 40% of industry establishments located there. This is largely due to the hub of business activity located in the Auckland region, with the region's GDP reaching more than $88 billion in 2014-15 (latest data available). The high volume of potential clients located in the Auckland region makes it practical for consultants to also base themselves there. For similar reasons, just over 20% of consultants are located in the Wellington region. A significant share of business activity generated by these consultants is expected to be from government departments and ministries, as many ministries are located in Wellington...purchase to read more.

    Additional Insights for the Consulting Services Industry

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

  • Access to highly skilled workforce
  • Ability to effectively communicate and negotiate
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Business confidence index and Capital expenditure by the public sector in the Consulting Services industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Consulting Services in New Zealand Industry?

    Firms in this industry provide advice and solutions to businesses regarding a range of problems. These problems can involve business and strategic problems, public relations problems and human resource issues. IT consulting and accounting services are not included in this industry.

    Industry Products
  • Financial performance consulting
  • Operations consulting
  • Corporate strategy consulting
  • Human resource consulting
  • Marketing and public relations consulting
  • Environmental and sustainability consulting
  • Industry Activities
  • Business planning
  • Strategic planning
  • Image promotional services
  • Public relations services
  • Political 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
  • Business confidence index
  • Capital expenditure by the public sector
  • Number of businesses
  • Capital expenditure by the private sector

  • Current Performance
  • Industry structure
  • Key drivers
  • Technology
  • Growing downstream demand
  • Chart: Revenue Growth

  • Industry Outlook
  • Downstream demand
  • Technology and consulting
  • New products and markets
  • Consolidation and market share
  • Table: Consulting Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Consulting Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction in New Zealand
  • Department Stores in New Zealand
  • Legal Services in New Zealand
  • Banking in New Zealand

  • Key Selling Industries
  • Commercial Property Operators in New Zealand
  • Computer and Computer Peripheral Retailing in New Zealand

  • Products & Services
  • Corporate strategy consulting
  • Financial performance consulting
  • Operations consulting
  • Marketing and public relations consulting
  • Human resource consulting
  • Environmental and sustainability consulting
  • Chart: Consulting Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Financial and professional service firms
  • Retailers and other consumer-based firms
  • Technology, media and telecommunications firms
  • Manufacturing and industrial firms
  • Public sector
  • Healthcare providers
  • Other businesses
  • Energy and resource firms
  • Chart: Major Market Segmentation for the Consulting Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Rent, utilities and depreciation
  • Subcontracting costs
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Consulting Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Consulting Services Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Consulting Services 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 Consulting Services Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Analytics
  • Finding patterns and trends in data sources.
  • Outsourcing
  • The practice of hiring a third party to complete an aspect of a task.
  • Value-Added Services
  • Non-core services that provide additional value to an organisation.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Consulting Services in New Zealand market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    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 Consulting Services in New Zealand:
    • 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 Consulting Services in New Zealand 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 Consulting Services in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear