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May 2019

Digital Agency

Businesses have an increasing number of channels to interact with their customer base, and only those with the best digital strategy will outpace the rest of the group. As such, it should come as no surprise that the digital agency space is growing with revenue increasing 14% in 2018 and the number of agencies growing 15% over the same period. Meanwhile, M&A in the sector has been robust as more traditional consulting companies seek to service an increasingly digital customer base. Going forward, we anticipate this appetite will continue to fuel consolidation in the space for the foreseeable future.