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IBM Cloud Authors: Pat Romanski, Carmen Gonzalez, Elizabeth White, Yeshim Deniz, Liz McMillan

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Kennedy Sees Global Consulting Markets Normalizing; Growth Rates Increasing Through 2016

Kennedy Consulting Research & Advisory, the leader in market analysis on the consulting profession, announces the launch of Global Consulting Market Index 2013. Released annually, and featuring a wealth of expanded content, the report provides detailed analysis of consulting market trends world-wide.

“Kennedy saw growth in the global consulting market drop from 4.3% in 2012 to 3.7% in 2013, surpassing $221 billion in revenues,” according to Lasse Pitkaeniemi, Project Lead and Kennedy’s Director of Market Research. “After years of engagements focused on cost-cutting, recovery and turn-around, client organizations are in 2014 finally returning to growth initiatives. Kennedy is tracking a resurgence in M&A advisory and the emergence of services around customer-centric digital technologies and business behavior. This bodes well for more robust overall growth in the profession this year.”

Global Consulting Market Index 2013 also identifies that, for the fourth consecutive year, Kennedy Consulting Research & Advisory ranks Deloitte (Deloitte Touche Tohmatsu Limited member firms) number one in both global consulting and management consulting based on aggregate revenue.

This seminal analysis details consulting market size and forecasted growth rates across geographic markets (North America, APAC, EMEA, Latin America) and consulting service area (Strategy and Operations, Human Resources, Financial Consulting, IT Consulting), and analysis of client industry-specific markets.

In addition, readers will find market share and rankings of the world’s largest consulting firms, their development and competitive dynamics, accompanied by analysis of their respective strengths and weaknesses. Firms covered in the research include:

  • Accenture; Alvarez & Marsal; Aon Hewitt; A.T. Kearney; Atos; Bain & Company; Baker Tilly; BDO International; Booz & Company; Booz Allen Hamilton; The Boston Consulting Group; Capgemini; CSC; Deloitte; EY; FTI Consulting; Grant Thornton; HP Consulting; IBM; KPMG; McKinsey & Company; Mercer; Oliver Wyman Group; Praxity; PwC; Roland Berger; Sapient; and Towers Watson

Market share and rankings include:

  • 20 Largest Global and Management (Strategy & Operations, HR) Consulting Providers
  • 10 Largest Financial and IT Consulting Providers
  • The Largest Non-Management Consulting Providers by Segment

For more information on Kennedy’s Global Consulting Market Index 2013, call 888.259.1500 (+1.603.357 8102) or visit www.kennedyinfo.com/consulting/research/global-consulting-index-2013.

About Kennedy Consulting Research & Advisory
A Bloomberg BNA Business

Founded in 1970, Kennedy Consulting Research & Advisory provides accurate and reliable market sizing and forecasts on consulting services world-wide, needs-analysis and vendor profiling for buyers of consulting services, timely and insightful intelligence on the top consulting firms in their respective markets, and operational benchmarks that measure consulting performance.

Kennedy's research spans multiple service areas, client vertical industries, and geographies. Our analysts provide expert commentary at consulting industry events world-wide, and offer custom research for Management Consulting and IT Services firms.

Kennedy's advisory services provide results-oriented strategic guidance to buyers and sellers of consulting services.

Our clientele consists of Fortune 500 companies and the most highly regarded professional services firms in the world.

Kennedy’s parent company, Bloomberg BNA, a wholly-owned subsidiary of Bloomberg L.P., is a leading source of legal, regulatory, and business information for professionals.

More information is available for you at www.KennedyInfo.com/Consulting.

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