TECH SUPPLIER Nov 2019 - Market Share - Doc # US43248719

Worldwide and U.S. Business Consulting Services Market Shares, 2018: Marrying Strategy and Technology-Related Services Offerings Continues to Drive Growth

By: Gard LittleVice President, Global Services Markets and Trends, Bjoern StengelSenior Research Analyst, Business Consulting

Abstract

This IDC study contains IDC's estimates for key business consulting services vendors' revenue for 2018. Because the key vendors have increasingly focused attention on the changing requirements of each client segment, especially the demand for digital strategy, the market for business consulting services continues to expand.

"The business consulting services market has shown sequential growth for the third year in a row, as clients are looking to business consulting firms to seek assistance with digital strategy, new technologies like AI, and organizational and cultural change processes. The top firms continue to take share, accounting for more than half of the market, primarily because of their comprehensive ability to link corporate strategy development with successful technology implementation." — Bjoern Stengel, senior research analyst, Business Consulting Services


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