Industry Statistics and Trends
Market size and recent performance (2016-2031)
Industry revenue has grown at a CAGR of 2.9 % over the past five years, to reach an estimated $3.1bn in 2026.
Trends and Insights
Technology and analytics are redefining business valuation companies' capacity and competitiveness
- Over the past five years, business valuation has shifted more from spreadsheet-centric work to data- and software-driven production, as companies embed AI, machine learning and advanced analytics into core valuation models to improve accuracy and turnaround times. This tech stack lets firms process more assignments per professional, supporting profit even when pricing pressure rises.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2026-2031)
Market size is projected to grow over the next five years.
Trends and Insights
Solid economic growth will be beneficial to business valuation firms' bottom line
- Despite recent challenges related to high interest rates, recessionary fears and tariff impositions, US GDP is expected to grow modestly in the next five years. Strong economic growth will raise business sentiment and corporate profit, causing more companies to use their excess funds to engage in mergers and acquisitions (M&As), instigate more stock purchases and purchase more cashflow analysis services, which will boost demand for business valuation work.
Biggest companies in the Business Valuation Firms in the US
| Company | Market Share (%)
2026 | Revenue
2026 | Profit
2026 | Profit Margin (%)
2026 |
|---|
There are no companies that hold a market share exceeding 5% in the Business Valuation Firms in the US industry.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Capitalization of income valuation services, Asset valuation services and Owner benefit valuation services. Capitalization of income valuation services is the largest segment of the Business Valuation Firms in the US.
Trends and Insights
Demand for capitalization of income valuation services depends on the level of mergers and acquisitions
- Capitalization of income valuation measures intangible assets and is often used for service-based firms. This form of valuation measures the degree of risk a company undergoes, profitability, location, competition, barriers to entry, technology, goodwill, customer base and other factors.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Companies in this space estimate the value of an owner’s interest in a business. Business valuation firms determine the value of an entity, which is the amount an entity is willing to pay to acquire a business or the amount a business is willing to receive to be sold. Business valuation can also be used for other legal and business purposes.
What's included in this industry?
Products and services covered in the Business Valuation Firms industry in the United States include Provision of capitalization of income valuations, Provision of asset valuations, Provision of owner benefit valuations and Provision of market valuations.Companies
Companies covered in the Business Valuation Firms industry in the United States include .Purchase this report to view all major companies in this industry.
Related Terms
Related terms covered in the Business Valuation Firms industry in the United States include estate planning, intangible asset, investor uncertainty and nonemployer.Industry Code
NAICS 541990 - Business Valuation Firms in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Tech-heavy, rules-tight valuation work is favoring bigger, more automated platforms. As AI, analytics and tougher GAAP/ESG scrutiny raise fixed software and compliance costs,...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2016-2025) and forecast (2026-2031)
- Employees, including historical (2016-2025) and forecast (2026-2031)
- Businesses, including historical (2016-2025) and forecast (2026-2031)
- Profit, including historical (2016-2026)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Capitalization of income valuation has cooled as dealmaking dried up. With higher borrowing costs and tariff worries suppressing M&A, demand for valuing intangibles like good...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2026
- Product innovation level
Charts
- Products & services segmentation in 2026
- Major market segmentation in 2026
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The Southeast is becoming the valuation space's population-fueled powerhouse. Its fast-growing, business-friendly states and booming metros create dense networks of owners an...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2026
Tables
- Number and share of establishments in each state in 2026
- Number and share of revenue each state accounts for in 2026
- Number and share of wages each state accounts for in 2026
- Number and share of employees in each state in 2026
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
The physical capital required to set up a business valuation firm is relatively low, as it typically only necessitates a small office space and a computer. Low physical capit...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2021-2026
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
There are no companies that hold a market share exceeding 5% in the Business Valuation Firms in the US industry.
Analyst insights
The four big valuation companies (Deloitte, PwC, KPMG and E&Y) aren't included in this industry because their services are specifically tied to audits. These companies perfor...
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Federal financial rules shape valuation practices. Business valuation firms must comply with GAAP standards set by the FASB and stay alert to SEC regulations that influence a...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2016-2031)
- Assistance historical data and forecast (2016-2031)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Technological advances have put downward pressure on wages by enabling automation in some areas, despite compensation historically comprising a significant portion of revenue....
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
- Investment vs. share of economy
Data tables
- Industry Multiples (2019-2024)
- Industry Tax Structure (2019-2024)
- Income Statement (2019-2024)
- Balance Sheet (2019-2024)
- Liquidity Ratios (2019-2024)
- Coverage Ratios (2019-2024)
- Leverage Ratios (2019-2024)
- Operating Ratios (2019-2024)
- Cash Flow & Debt Service Ratios (2016-2031)
- Revenue per Employee (2016-2031)
- Revenue per Enterprise (2016-2031)
- Employees per Establishment (2016-2031)
- Employees per Enterprise (2016-2031)
- Average Wage (2016-2031)
- Wages/Revenue (2016-2031)
- Establishments per Enterprise (2016-2031)
- IVA/Revenue (2016-2031)
- Imports/Demand (2016-2031)
- Exports/Revenue (2016-2031)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2016-2031)
- IVA (2016-2031)
- Establishments (2016-2031)
- Enterprises (2016-2031)
- Employment (2016-2031)
- Exports (2016-2031)
- Imports (2016-2031)
- Wages (2016-2031)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Business Valuation Firms industry in the United States in 2026?
The market size of the Business Valuation Firms industry in the United States is $3.1bn in 2026.
How many businesses are there in the Business Valuation Firms industry in the United States in 2026?
There are 3,916 businesses in the Business Valuation Firms industry in the United States, which has grown at a CAGR of 3.1 % between 2021 and 2026.
How may import tariffs affect the Business Valuation Firms industry in the United States?
The Business Valuation Firms industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Business Valuation Firms industry in the United States?
The Business Valuation Firms industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Business Valuation Firms industry in the United States grown or declined over the past 5 years?
The market size of the Business Valuation Firms industry in the United States has been growing at a CAGR of 2.9 % between 2021 and 2026.
What is the forecast growth of the Business Valuation Firms industry in the United States over the next 5 years?
Over the next five years, the Business Valuation Firms industry in the United States is expected to grow.
What does the Business Valuation Firms industry in the United States include?
Provision of capitalization of income valuations and Provision of asset valuations are part of the Business Valuation Firms industry in the United States.
How competitive is the Business Valuation Firms industry in the United States?
The level of competition is high and steady in the Business Valuation Firms industry in the United States.
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
