Abstract
This IDC study offers a comprehensive analysis of the global business
consulting market. Based on an analysis of consulting buyers' needs and
behavior, market trends and imperatives, competitive landscape, pricing, and
talent management dynamics, IDC expects worldwide business consulting spending
to increase at a CAGR of 5.4% for 2008-2012. This study includes fact-based
forecasts that suggest the areas (geographies and service lines) in which the
drivers and growth of business consulting will be over the next five years.
"Our analysis indicates that, despite the current financial crisis, business
consulting is poised for healthy growth during the forecast period. Demand
slowdown in developed economies will be compensated for by robust demand growth
in emerging economies where new industry leaders will become significant
clients for business consulting services. At the same time, growing pressure
for business model redefinition, acceleration of globalization, and speed to
new markets will boost demand from Fortune 1000 companies, which are the
traditional clients of business consulting in most industries," says Patrick
Levy, program manager for Consulting Service Research at IDC.
Table of Contents
- Table of Contents
- IDC Opinion
- In This Study
- Methodology
- Business Consulting Market Definition
- Situation Overview
- Convergence Across a Broad Range of Consulting Services
- Increased Packaging of Offerings
- Stronger Client/Firm Partnership
- Lengthening of Sales Cycles
- Pervasive Talent Crunch and Impact on the "Pyramid"
- Positive Global Outlook
- The Return of Business Consulting
- Future Outlook
- Forecast and Assumptions
- Table: Key Forecast Assumptions for the Worldwide and U.S. Business Consulting Market, 2008-2012
- Table: Worldwide Business Consulting Spending by Region, 2005-2012 ($M)
- Table: U.S. Business Consulting Spending, 2005-2012
- The U.S. Market
- Market Context
- Table: Worldwide Business Consulting Spending, 2005-2012: Comparison of 2007 and 2008 Forecasts ($M)
- Figure: Worldwide Business Consulting Spending, 2005-2012: Comparison of 2007 and 2008 Forecasts ($M)
- Essential Guidance
- General Guidance for Providers of Business Consulting Services
- Guidance for Management Consultancies
- Guidance for IT Services Firms
- Guidance for Buyers of Business Consulting Services
- Learn More
- Related Research
- Methodology
- Historical Market Values
- Table: Exchange Rates, 2003-2007 (%)
- Synopsis
|
