The summary statistics by North American Industry Classification System (NAICS) which include: operating revenue (dollars x 1,000,000), operating expenses (dollars x 1,000,000), salaries wages and benefits (dollars x 1,000,000), and operating profit margin (by percent), of management, scientific and technical consulting services (NAICS 5416), annual, for five years of data.

The management consulting industry was valued at roughly ************ U.S. dollars in 2023. The market value of the industry peaked in 2022 and was expected to grow to an even higher figure in 2024. The industry also reached its first evaluation of more than ************ dollars in 2022.

The breakdown of sales, by North American Industry Classification System (NAICS) 5416 Management, scientific and technical consulting services which include all members under breakdown of sales, annual, (percent), for five years of data.

US Management Consulting Services Market is Segmented by Service Type (Operations Consulting, Strategy Consulting, and More), Client Organization Size (Large Enterprises and Small and Medium Enterprises), Consulting Domain (Enterprise Strategy, Front-Office Transformation, and More), and End-User Industry (BFSI, Life Sciences and Healthcare, and More). The Market Forecasts are Provided in Terms of Value (USD).

In 2023, the management consulting services industry in the United States was worth a total of roughly *** billion U.S. dollars. Between 2013 and 2023, the management consulting services industry grew exponentially and was worth more than *** billion U.S. dollars more in 2023 than in 2013.

The operating expenses by North American Industry Classification System (NAICS) which include all members under industry expenditures, for management, scientific and technical consulting services (NAICS 5416), annual (percent), for five years of data.

Management consultants continue to benefit from a robust demand stream for strategic planning and marketing services across the business and individual markets. Providing varied services to diverse downstream markets with unique needs allows management consultants to weather changing economic conditions. Core business interests, such as strategic planning, came into extra demand when inflationary spikes in 2022 and subsequent interest rate increases in 2023 accelerated the costs of business. Major consultancy firms such as Deloitte and Accenture Plc pivoted to business strategy and financial management consultation services due to businesses’ desire to secure capital and hedge against inflation when looking to pursue a new investment or acquisition. However, while economic turbulence did curtail consultants’ rate of growth, the high service diversification and accelerating adoption of new technologies, such as artificial intelligence (AI), reduced manual labor dependence and strengthened service quality across competitive sectors such as finance. These trends revenue to grow an annualized 3.5% to an estimated $404.1 billion over the past five years, including an estimated 1.2% growth rate in 2025 alone. Technological change in client markets drove spending on tech-centered consulting services, such as IT design and strategic planning. In the age of digital transformation, advisory roles require employees with unique and expert skill sets. Companies aiming to advance sustainability, embrace digital transformation and leverage big data analytics expand the need for expert consultants. The ability to hire remote workers broadens the labor pool's quality and scope, but also lessens consultants' negotiating power as other companies can now access previously restricted markets and recruit top talent. Consulting firms are no longer tethered to densely populated areas, allowing relocation to cities with lower rent and labor costs. While technology offers cost savings and expanded markets, it also intensifies competition for labor and clients, causing dampened profit in the past five years. Moving forward, management consultants are poised to take advantage of favorable economic conditions and a larger digital market that will change how marketing is conducted. While there are low barriers to entry in consulting, with the top 20 firms representing almost one-quarter of firm revenue, small-sized entrants will undoubtedly face stiff competition. As consolidation continues, the entry of niche firms specializing in new technology (IT, VR, AR and AI) is expected to increase, as these companies can better compete with larger consulting firms. Broader adoption of social media and digital advertising will provide lucrative opportunities for specialized marketing management consultants, particularly as 54% of consumers procure information via social media platforms, per 2024 data from Pew Research Center. The anticipated increase in business sentiment and aggregate private investment will bolster clients’ fiscal flexibility in securing longer-term consultant commitments, with revenue poised to grow an annualized 0.8% to an estimated $419.5 billion over the next five years.

In fiscal year 2023, the American member firm of RSM Global generated almost 3.9 billion U.S. dollars in revenue in the United States. Chicago-headquartered, RSM US has three service lines: audit, tax, and consulting services.

The Big Data Consulting Market report segments the industry into By Service Type (Strategic Consulting, Implementation Services, Analytics and Insights, and more), By Deployment Model (On-Premise, Cloud-Based, and more), By Organization Size (Small and Medium Enterprises (SMEs), and more), By Application (Customer Analytics, Operational Analytics, and more), and By Geography (North America, Europe, and more).

In 2024, the number of businesses in the management consulting services industry in the United States reached more than ******* for the first time, an increase of approximately ****** compared to the previous year.

Graph and download economic data for All Employees, Management, Scientific, and Technical Consulting Services (CES6054160001) from Jan 1990 to Jun 2025 about management, professional, establishment survey, business, services, employment, and USA.

The sales by type of client based on the North American Industry Classification System (NAICS) which include all members under type of client, for management, scientific and technical consulting services (NAICS 5416), annual (percent), for five years of data.

Management consultants in Canada continue to drive considerable demand from a wide range of clients, as the vital nature of their services remains a core calling card for a variety of clients. Inflation volatility in recent years, which peaked at 8.1% in 2022 per the Bank of Canada, hampered individual clients’ capability of securing long-term commitments from consultants and encouraged in-house alternatives. Despite this, the economic downturn caused some customers to invest in countercyclical services such as restructuring, cost-cutting and risk management advice. Financial managers and manufacturers were particularly demanding of consulting services, as they sought to navigate a shaky economy and craft quality plans to ensure their investments are protected. Growing adoption of ESG standards incentivized specialized consultant demand, as companies sought advisory services and guidance to ensure ESG adoption met regulatory requirements. Revenue grew an annualized 2.4% to an estimated $26.2 billion over the past five years, including an estimated 1.4% boost in 2025 alone, with profit benefiting from stabilized macroeconomic conditions. Macroeconomic conditions and technological change have been critical factors impacting consultants’ demand. Strong corporate profit growth, which rose an annualized 6.5% over the past five years, allowed clients to procure a wider range of consulting services that focused beyond traditional strategic planning and into more data-driven tasks such as economic research. The adoption of AI and new technologies emerging in the market, such as blockchain, created newfound demand niches for specialized consultants well-versed in technologies and their impact on sector-wide trends such as data processing. Major consultancies, such as Accenture Plc, have even made their own acquisition moves across the AI space to strengthen their service offering and boost client consultation quality. Moving forward, consultants are poised for steady growth over the next five years, even as wider economic conditions remain uncertain. Anticipated GDP growth will enhance clients’ investment capabilities and strengthen the need for consultants well-versed in financial markets and risk management. The growing emphasis on Environmental, Social and Governance (ESG) criteria and sustainability practises will continue to drive demand for specialized consulting expertise, as companies aim to adopt more sustainable investment strategies. Although AI adoption will continue enhancing incumbent service efficiency, it will also lead to higher in-house competition, as companies look to move away from external services in favour of cost-efficient, in-house advisory services. Revenue is expected to grow an annualized 2.1% to an estimated $29.1 billion through the end of 2030.

The size of the Software Consulting Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 12.00% during the forecast period. The software consulting industry encompasses a range of services that assist organizations in optimizing their software solutions and technology infrastructure. At its core, software consulting involves providing expert advice and guidance to businesses looking to implement, develop, or enhance their software systems. This can include a variety of services such as software development, systems integration, technology strategy, and project management. Consultants in this field typically possess specialized knowledge in programming, systems architecture, and emerging technologies, enabling them to offer tailored solutions that align with a client’s unique business goals and challenges. The demand for software consulting has surged in recent years due to the rapid pace of technological advancement and the increasing need for businesses to adopt digital solutions for efficiency and competitive advantage. Companies often face complex challenges related to software selection, customization, and integration, making consulting services invaluable. Additionally, software consultants help organizations navigate the intricacies of cloud computing, data analytics, and cybersecurity, ensuring that their technology investments yield maximum returns. Recent developments include: October 2022 - Capgemini signed an agreement to acquire Quantmetry to strengthen France's AI and data consulting capabilities., October 2022 - CGI and Aktia have established a strategic agreement under which CGI will be responsible for a significant portion of Aktia's banking IT services, including the development and uptake of 150 mission-critical applications., August 2022 - Accenture partnered with Google Cloud to develop new solutions using data and AI and providing enhanced support to help clients to build a strong digital core and reinvent their enterprises on the cloud., November 2022 - Cognizant collaborated with Microsoft are working more closely to develop a new solution that will speed up digital and sustainability transitions.. Key drivers for this market are: Shifting technology preference toward cloud computing and data analytics, Growing adoption of software consulting for improving operational efficiency. Potential restraints include: Growing concerns over cybersecurity. Notable trends are: Increasing demad for digital solutions.

The Data Analytics Consulting Services market is experiencing robust growth, driven by the increasing adoption of data-driven decision-making across various industries. The market, estimated at $150 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033, reaching approximately $400 billion by 2033. This expansion is fueled by several key factors. The surge in data volume and variety necessitates specialized expertise in data analytics, pushing organizations to seek professional consulting services. Furthermore, the growing need for advanced analytics techniques, including predictive modeling, machine learning, and AI, is driving demand for sophisticated consulting solutions. The rise of cloud computing and big data technologies is also contributing to market growth by enabling easier data storage, processing, and analysis. Finally, regulatory compliance requirements, such as GDPR and CCPA, are prompting businesses to invest in data governance and analytics consulting to ensure data security and privacy. The competitive landscape is characterized by a mix of large multinational consulting firms (Accenture, Deloitte, EY, PwC, McKinsey, BCG) and specialized data analytics consultancies (DataArt, Infosys, Appnovation, InData Labs, etc.). These firms offer a wide range of services, including data strategy development, data warehousing and integration, business intelligence implementation, advanced analytics solutions, and data visualization services. While significant growth is anticipated, challenges remain. These include the shortage of skilled data scientists and analysts, the complexity of integrating various data sources, and the need for robust data security measures. The market is segmented based on various factors such as service type, industry vertical, and geographic region, allowing firms to target specific niches and maximize their market penetration. The North American market currently holds the largest market share, followed by Europe and Asia Pacific, but growth in emerging economies is expected to be substantial in the coming years.

In February 2014, a pilot statistical consulting service service was launched; in the fall of 2014, an ongoing service was established. We will be talking about the process by which a statistical consulting service was reintroduced, the partnership between the library system and the faculty of Science, how the service is promoted, and potential areas of growth for the service.

Consulting Services Price Index (COSPI) by services. Quarterly data are available from the first quarter of 2014. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2018=100).

IT Consulting Services Market size was valued at USD 561.8 Billion in 2023 and is projected to reach USD 906.47 Billion by 2030, growing at a CAGR of 7.4% during the forecast period 2024-2030.

Global IT Consulting Services Market Drivers

The market drivers for the IT Consulting Services Market can be influenced by various factors. These may include:

Initiatives for Digital Transformation: Businesses in a variety of sectors are going through a digital transformation to boost customer satisfaction, increase operational effectiveness, and maintain their competitiveness. In order to spur innovation and corporate expansion, IT consulting services assist companies in implementing cutting-edge technologies like cloud computing, artificial intelligence (AI), the Internet of Things (IoT), and big data analytics.

Growing Cloud Computing Adoption: Businesses are moving more and more toward cloud-based solutions as they look for cost reductions, scalability, and flexibility. The need for cloud consulting services is being driven by IT consulting firms' assistance with cloud migrations, cloud-native application development, infrastructure optimization, and cloud environment management.

Data protection requirements and cybersecurity concerns: Organizations are giving cybersecurity and data protection plans top priority due to the increase in cyber threats, data breaches, and regulatory requirements. To protect sensitive data and reduce security risks, IT consulting firms provide cybersecurity assessments, risk management services, security architecture design, and incident response planning.

Demand for Analytics and Business Intelligence: Businesses are realizing that in order to obtain insights, spur innovation, and maximize performance, data-driven decision-making is crucial. IT consultants assist businesses in putting business intelligence (BI) and analytics solutions into practice, creating data warehouses, creating dashboards for data visualization, and carrying out sophisticated analytics to glean insights from data that can be put to use.

Case-based learning (CBL) is a highly effective approach in health professions education that remains underutilized in the field of statistics. To promote broader adoption, we have developed realistic cases designed to help learners practice critical thinking and devise appropriate solutions for complex scenarios. These cases, used in our graduate-level statistical collaboration course, incorporate social factors and real-world implications. The first case explores a newly graduated biostatistician navigating the challenges of meeting a client's expectations. The second focuses on a junior biostatistician developing a statistical analysis plan for a client with limited statistical knowledge. The third case, inspired by the development of the American Statistical Association's ethical guidelines, deliberates their need. Both training materials and fully developed cases are provided. We also discuss strategies for educators to create and facilitate similar cases. By engaging students in thoughtful consideration of these scenarios within a safe, structured environment, we encourage them to examine their assumptions and conclusions. This preparation equips them for real-world roles as consultants and team scientists. Additionally, student feedback from course evaluations and surveys indicates strong support for CBL, with the majority recommending its use in similar educational contexts.

The summary statistics by North American Industry Classification System (NAICS) which include: operating revenue (dollars x 1,000,000), operating expenses (dollars x 1,000,000), salaries wages and benefits (dollars x 1,000,000), and operating profit margin (by percent), of management, scientific and technical consulting services (NAICS 5416), annual, for five years of data.