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Global consulting services industry - statistics & facts

The consulting services sector has expanded at a fast pace in recent years, with North America and Europe representing the largest regional markets worldwide. There are several reasons why organizations hire consultants. Seeking advice on how to overcome challenges and improve business performance are at the top of the list. The steady growth of this industry proves that companies need external consultants with strategic knowledge about business administration, business development, as well as expertise about the industry in which clients operate. Last but not least, technological developments, ever changing market dynamics, and emerging consumer trends require businesses to always be ready with a new strategy, which proves extremely challenging without external and specialized support, even for the brightest and most successful entrepreneurs.

North America, and in particular the United States, is the largest consulting services market worldwide. So it should not come as a surprise that the U.S. are home to some of the most prestigious and successful consulting services companies across the world. The so-called Big Four - Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and KPMG - have become household names in recent years. These companies boast steadily growing revenue streams and operate in nearly all countries worldwide, where they employ thousands of consultants.

The impact of the coronavirus (COVID-19) pandemic appears to not have spared the consulting services sector. Like many other industries not classes as so-called essential services, the consulting industry is estimated to have suffered significant losses across all markets and industry segments in 2020. However, concerns about the future among consulting companies worldwide appear to be more related to a lack of talent availability in addition to fierce competition in the sector from both incumbents and new players.

Key figures

The most important key figures provide you with a compact summary of the topic of "Global consulting services industry" and take you straight to the corresponding statistics.

North America

Europe

Rest of the world

Interesting statistics

In the following 5 chapters, you will quickly find the 40 most important statistics relating to "Global consulting services industry".

Consulting services industry worldwide

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
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Global consulting services industry - statistics & facts

The consulting services sector has expanded at a fast pace in recent years, with North America and Europe representing the largest regional markets worldwide. There are several reasons why organizations hire consultants. Seeking advice on how to overcome challenges and improve business performance are at the top of the list. The steady growth of this industry proves that companies need external consultants with strategic knowledge about business administration, business development, as well as expertise about the industry in which clients operate. Last but not least, technological developments, ever changing market dynamics, and emerging consumer trends require businesses to always be ready with a new strategy, which proves extremely challenging without external and specialized support, even for the brightest and most successful entrepreneurs.

North America, and in particular the United States, is the largest consulting services market worldwide. So it should not come as a surprise that the U.S. are home to some of the most prestigious and successful consulting services companies across the world. The so-called Big Four - Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and KPMG - have become household names in recent years. These companies boast steadily growing revenue streams and operate in nearly all countries worldwide, where they employ thousands of consultants.

The impact of the coronavirus (COVID-19) pandemic appears to not have spared the consulting services sector. Like many other industries not classes as so-called essential services, the consulting industry is estimated to have suffered significant losses across all markets and industry segments in 2020. However, concerns about the future among consulting companies worldwide appear to be more related to a lack of talent availability in addition to fierce competition in the sector from both incumbents and new players.

Interesting statistics

In the following 5 chapters, you will quickly find the 40 most important statistics relating to "Global consulting services industry".

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