Global State of the Market Report
In 2020, the Advisory Board Centre mapped professionals currently serving on advisory boards. This assessment identified over 82,000 professionals on advisory boards in the UK or 4% of the global advisory board market. There is also a projected growth of 130% for the sector in the UK.
United Kingdom’s Advisory Board Landscape
Research has identified that the advisory board sector is emerging, and advisors exist as a profession in the United Kingdom. As an emerging sector, advisory board professionals may have opportunities in key sectors including – banking and finance, information technology, and education – and are encouraged to stay open-minded to start-up and emerging industries.
Future Growth Opportunities
There is a growing opportunity for professionals to increase participation in the United Kingdom, by formalising advisory board structures and collaborating on a global scale. As this sector grows, it is important to note that best practice credentials will shift the market from informal to formal advisory boards over time.