Number of Marketing Consulting Services Businesses in the US (20002023)

As of 2023

162,559

marketing consulting services businesses in the United States

Number of Firms Over Time

58K89K119K149K179K20002005201020152020Number of Firms

Total Employment Over Time

568K890K1.2M1.5M1.9M20002005201020152020Total Employees

Key Insights

  • The marketing consulting services industry has grown 150.2% since 2000 (from 64,966 to 162,559 firms).
  • The peak year was 2023 with 162,559 firms.
  • Recent trend (last 5 years): the industry is growing (+21.3%).
  • Employment: 1,687,249 workers in 2023 (167.5% change since 2000).
  • Estimated 5-year survival rate: 45%.

Year-by-Year Data

YearFirmsEstablishmentsEmploymentEntry RateExit RateNet Growth
2023162,559173,8761,687,24919.1%14.7%+4.0%
2022155,496166,0851,621,20120.2%15.7%+9.3%
2021147,830158,8451,485,10720.7%15.3%+2.5%
2020139,190150,3051,452,10319.0%15.5%+5.1%
2019134,017144,8691,378,60518.6%14.8%+4.3%
2018128,732139,2671,320,03018.1%14.8%+4.0%
2017124,516134,6511,270,11217.4%15.8%+3.7%
2016121,704132,5251,232,36917.8%15.9%+5.4%
2015120,559130,4961,182,22917.9%15.1%+4.4%
2014117,249127,1361,138,08418.5%14.9%+5.9%

Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.