Global Consulting Industry Statistic 2008 and Trends for the next years
A brief Statement, open to discuss and to complete
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Consulting Industry Overview |
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Quantity |
Unit |
Year |
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Global Consulting Industry Revenues |
330,7 |
Bil. US$ |
2008 |
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Information Technology Consulting |
152,8 |
Bil. US$ |
2008 |
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Business Advisory Services |
86,5 |
Bil. US$ |
2008 |
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Operations Management Consulting |
48,7 |
Bil. US$ |
2008 |
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Strategy Consulting |
27,6 |
Bil. US$ |
2008 |
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Human Resources Consulting |
15,1 |
Bil. US$ |
2008 |
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by Geographic Region: |
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North America |
157,8 |
Bil. US$ |
2008 |
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Europe, Middle East and Africa |
115,1 |
Bil. US$ |
2008 |
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Asia-Pacific |
48,7 |
Bil. US$ |
2008 |
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Latin America |
9,1 |
Bil. US$ |
2008 |
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by Client Industries: |
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Financial Services |
59,3 |
Bil. US$ |
2008 |
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Public Sector |
57,2 |
Bil. US$ |
2008 |
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Energy & Utilities |
39,0 |
Bil. US$ |
2008 |
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Healthcare |
34,1 |
Bil. US$ |
2008 |
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Communications & Media |
22,5 |
Bil. US$ |
2008 |
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Consumer Packaged Goods & Retail |
16,8 |
Bil. US$ |
2008 |
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Projected Annual Compound Growth of Global Consulting Market until |
5,3 |
% |
2011 |
3 Trends for the next 3 Years and the impacts on the Consulting Industry
"Increasing investment and expenditures of Governments worldwide"
Most of the money will be spend for investments in infrastructure. Energy & Utilities, Healthcare and Constructions, these are the client industries consultants should focus on.
"Decrease of fixed salaried people in most of the client industries"
Under the precondition of economic recovery in the next 3 Years, consulting industry has a chance to fill the upcoming lack of human resources with their employees or freelancers.
"Decrease of peoples consumption expenditures in western industrial nations"
Due to the experience in that crisis, and even under the precondition of economic recovery the peoples saving rate will grow. The scenario of deflation could be probable. Bad forecast for Retail, Automotive and Consumer Goods. Experts in restructuring are in demand.
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