Consulting Industry Market Research

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Consulting OVERVIEW

, consulting of all types, including management, scientific and technical, generated $295.9 billion during 2020, up from $284.5 billion the previous year.
     Accounting and related services (such as tax return preparation) generated an additional $174.1 billion in 2020, down from about $180.0 billion during 2019, according to the U..
    Bureau of the Census and Plunkett Research estimates. The Coronavirus pandemic dampened budgets and spending at many types of corporations, government agencies and other enterprises.
     ome consulting projects were postponed or reduced.
     At the same time, however, consultants who work in the areas of ecommerce, online systems, employee systems, HR, cybersecurity, strategy, supply chain and other areas may have seen booming business.
     Going forward, structural changes in business, industry, education and government will certain opportunities for many types consultancies that can deliver a true return on investment along with innovative ways to cope with rapid change. Positive factors for the consulting industry over the mid-term: 1) Continued growth in health care expenditures and significant changes in health care coverage are creating demand for consultants.
     This includes a focus on greater operating efficiencies and cost controls for care providers, creating a perfect environment for consulting.
     Also, consultancies that assist enterprises in data analysis in such areas as treatments and patient outcomes will be in demand. 2) In nearly all business sectors, consultancies that focus on projects that clearly reduce business costs and enhance operating profits in a reasonably short period of time will


Industry Statistics

Top Companies Profiled

The following is a partial listing for this industry. As a subscriber, you will have access to the leading companies and top growth companies. This includes publicly-held, private, subsidiary and joint venture companies, on a global basis as well as in the U.S.

Industry Trends Analyzed Include: