We compared numbers from iExpert reports published by IBISWorld for 2014 cross 4 industries. With average of 14.7% of profit cross all industries, the software industry is leading the way with 29.4% profit margin. Among IT related fields consulting has the least attractive margins at 7.6%, that is half of combined industries average.
Hosting | IT Consulting | Software | Recruiting | |
Revenue (Bn) | 98.7 | 363.4 | 196.5 | 22.3 |
Profit (Bn) | 13.1 | 27.6 | 57.8 | 1 |
Wages (Bn) | 34.4 | 154.3 | 10.9 | |
#Businesses | 58109 | 442549 | 19661 | 13987 |
% of Profit | 13.3% | 7.6% | 29.4% | 4.5% |
Avg. Per Business | 1,698,532.07 | 821,152.01 | 9,994,405.17 | 1,594,337.60 |