Deloitte generated approximately 18 billion U.S. dollars from the financial services industry in 2023, which accounted for around 25 percent of the 64.8 billion U.S. dollars of revenue worldwide made by the firm. Revenue from the consumer industry was the second largest share, and earned Deloitte roughly 12.6 billion U.S dollars.
Advice you can take to the bank
Demand for industry advice from clients operating in financial services has continued to grow, with the revenue from the industry generated by Deloitte almost tripling since the 6.9 billion U.S. dollars generated back in 2010. Changes within the financial services industry, particularly with regard to technology, could be one reason for Deloitte reporting steady revenue growth in this sector. Mobile banking and cyber security have been two changes that are affecting banks today, and senior members within these institutions have been seeking strategic advice from experts to help build for the future. Another noticeable change from 2022 to 2023 was the increase in revenue generated in the public sector – figures jumped from 10 billion U.S. dollars to 11 billion U.S. dollars. In the United Kingdom, Deloitte UK also generated a record revenue in this industry segment in 2023.
Significant growth in the consulting industry
Deloitte provide professional services in many areas, but the largest and fastest growing is consulting. When broken down by service line the consulting arm of Deloitte reached close to 30 billion U.S. dollars in 2023 – as this figure grew by almost five times since 2010. The auditing and consulting service lines proved to be the most profitable for all the Big Four accounting firms.
Revenue of Deloitte worldwide from 2010 to 2023, by industry group
(in billion U.S. dollars)
Characteristic
Financial services
Consumer*
Manufacturing*
Government & public services
Technology, media & telecom
Energy, resources & industrials
Life sciences & health care
Other
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"Deloitte" means Deloitte Touche Tohmatsu Limited and its member firms.
* From 2016, the "Consumer business and transportation" and "Manufacturing" industries were combined into "Consumer and industrial products".
Values from previous years were taken from previous annual reports.
Figures may not add up to total due to rounding.
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Deloitte. (November 6, 2023). Revenue of Deloitte worldwide from 2010 to 2023, by industry group (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 11, 2024, from https://www.statista.com/statistics/189026/aggregate-member-firm-revenue-of-deloitte-since-2010-by-industry-group/
Deloitte. "Revenue of Deloitte worldwide from 2010 to 2023, by industry group (in billion U.S. dollars)." Chart. November 6, 2023. Statista. Accessed September 11, 2024. https://www.statista.com/statistics/189026/aggregate-member-firm-revenue-of-deloitte-since-2010-by-industry-group/
Deloitte. (2023). Revenue of Deloitte worldwide from 2010 to 2023, by industry group (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 11, 2024. https://www.statista.com/statistics/189026/aggregate-member-firm-revenue-of-deloitte-since-2010-by-industry-group/
Deloitte. "Revenue of Deloitte Worldwide from 2010 to 2023, by Industry Group (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Nov 2023, https://www.statista.com/statistics/189026/aggregate-member-firm-revenue-of-deloitte-since-2010-by-industry-group/
Deloitte, Revenue of Deloitte worldwide from 2010 to 2023, by industry group (in billion U.S. dollars) Statista, https://www.statista.com/statistics/189026/aggregate-member-firm-revenue-of-deloitte-since-2010-by-industry-group/ (last visited September 11, 2024)
Revenue of Deloitte worldwide from 2010 to 2023, by industry group (in billion U.S. dollars) [Graph], Deloitte, November 6, 2023. [Online]. Available: https://www.statista.com/statistics/189026/aggregate-member-firm-revenue-of-deloitte-since-2010-by-industry-group/