Definition
This industry comprises establishments primarily engaged in providing advice and assistance to business and other organizations on scientific and technical issues. The industry comprises a diverse range of specialist consulting activities principally in the areas of economic, energy, chemical and agricultural analysis and advice. The industry class includes: NAICS 5416901 Economic and Related Consulting Services; and NAICS 5416902 Scientific and Related Consulting Services (Except Environmental and Actuarial). Many establishments furnish scientific or related advice on a contract or fee basis.

IBISWorld research reports contain trend analysis, statistics, market size information, industry growth rates as well as market share of competitors.

Major market segments are identified and also those forces affecting demand and supply within the industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information IBISWorld also provides 5 year forecasts for each industry.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure (including averages), technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic location.