New research projects 5.5 per cent annual growth rate in Canadian
consulting market through 2010
TORONTO, Feb. 5 /CNW/ - The market for consulting services across Canada
represents a vibrant opportunity for consultancies located both inside and
outside its borders according to industry analysts Kennedy Information in a
new study commissioned by CMC-Canada. Demand for services in the private and
public sectors is outpacing global market growth rates, and the consulting
expertise resident in Canada is well positioned to serve clients in other
parts of North America with a talented, bilingual and cost-competitive
professional workforce. The findings also point to a variety of additional
forces that are influencing demand and service delivery.
"Unlike other countries, Canada's consulting marketplace is more
fragmented and stratified," says Heather Osler, President and CEO of
CMC-Canada. "We're experiencing a rise of the mid-size management
consultancies, and Canada is seeing a dramatic surge with the leading Business
Advisory Firms (BAS) firms competing directly with the well-known strategy
consulting firms. The robust market is further supported by the
entrepreneurial activity of niche and boutique management consulting firms."
The comprehensive analysis of the management consulting profession in
Canada and its contribution to the Canadian economy, "Management Consulting in
Canada: 2007 - 2010", provides exclusive data on current market size, and
growth projections through 2010. The report analyzes market demand by type of
management consulting service (i.e., segment) and by province. The report also
provides market segmentation by client vertical industry.
Other key sections of the report include:
- Client Characteristics by Industry and Geography: the critical pain
points and opportunities, including case studies, across client industries and
a range of geographies.
- Professional Demographics: profiling over 700 representative
consultants, the analysis includes important workforce benchmarks for firm
managers including age distribution, experience levels, gender statistics,
detailed compensation and fee figures, and associated data.
- Competitive Landscape: the nature of competition in the Canadian
consulting market, including rankings of the largest firms in both the
management consulting and IT consulting segments, as well as by client
industry vertical. This analysis illustrates market revenues by province and
by type of client firm, among other data.
- Trends and Opportunities: Based on extensive interviews with thought
leaders and clients, this section details the drivers, trends, challenges and
opportunities that are shaping the market for consulting services. It
summarizes key success factors in competing in the Canadian market and
identifies emerging client needs.
"Management Consulting in Canada: 2007 - 2010" is a proprietary, 196-page
report, supported by 95 tables and charts. For a complimentary Executive
Summary, call 888-259-1500 (+1.603.924.6390), e-mail firstname.lastname@example.org
CMC-Canada fosters excellence and integrity in the management consulting
profession as a whole. CMC-Canada administers, and its provincial Institutes
confer, the Certified Management Consultant (CMC) designation in Canada. The
Association and its members advocate for the CMC designation and are dedicated
to advancing the profession and delivering the benefits of those efforts to
the client community. CMC-Canada is a founding member of the International
Council of Management Consulting Institutes (ICMCI).
About Kennedy Information Consulting Research
Kennedy Information is the leading market research firm on the consulting
profession since 1970. The firm annually produces over 20 proprietary studies
covering consulting service areas, client vertical industries, geographical
regions and consulting firm operations, and provides custom research
engagements in these areas.
Audrey Hoddinott, Marketing and Communications, CMC-Canada
Tel: 416-860-1515 / 1-800-268-1148 ext. 5
For further information:
For further information: Audrey Hoddinott, work (416) 860-1515 EXT: 5,