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Home arrow Marketing Research News arrow Latest Company News And Announcements arrow MRS New Research Annual League Tables Show Robust Growth for the Industry
MRS New Research Annual League Tables Show Robust Growth for the Industry PDF Print E-mail
Written by Market Research Society   
03 Dec 2015

The Market Research Society (MRS) has today published its Annual League Table which ranks – by UK-based turnover – the largest organisations (those with a turnover exceeding £3 million) in the UK research and insight industry.

In 2014, the 86 organisations eligible for entry generated over £2.717 billion in turnover, representing 4% overall year-on-year growth.  This strong increase is extremely encouraging for the industry.  It demonstrates that the research industry is continuing to offer valuable insight and in turn fuelling demand for its services.

The UK is the world’s second largest research and insight industry, and 61 businesses (71% of the Annual League Table) reported increased turnover.  Once again the Top 20 accounts for around 75% of turnover value, consisting of 12 UK businesses, five from the US and one each from France, Germany and the Netherlands.  There have also been six new entrants matched by six departures since last year.

Alongside the MRS Annual League Table, MRS has released a listing that ranks the ‘Top 50 Individual Agencies by Turnover’ – this breaks out those organisations that are part of a group into their individual businesses.   The 20 fastest-growing agencies by organic growth, acquisition, or both, are also included separately, extracted from the growth rates in the individual table.

Jane Frost CBE, Chief Executive Officer of MRS, comments:  “4% overall growth for those businesses represented in the MRS Annual League Tables is great news for the research industry.  It demonstrates that many businesses of greater than £3 million have not only left the difficulties of the recession behind but are now beginning to grow more tangibly.

“The Tables reflect the diverse nature of the UK research industry, and exhibit the wide range of talent and methodologies deployed by organisations – from the largest public global groups to the boutique businesses – to provide vital insight.  The work they do may vary considerably, but each business operates in support of well informed, evidence-based decision-making.”
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