TECH SUPPLIER May 2020 - Market Forecast - Doc # US43248619

Worldwide and U.S. Business Consulting Services Forecast, 2020–2024

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

Table of Contents

List of Attachments

IDC Market Forecast Figure

Figure: Worldwide Business Consulting Services Spending Snapshot

Executive Summary

Advice for Technology Suppliers

Market Forecast

Worldwide Business Consulting by Macroregion and Service Line

Table: Worldwide Business Consulting Services Spending by Region, 2016–2024 ($B)

Table: Worldwide Business Consulting Services Spending by Service Line, 2016–2024 ($B)

Figure: Worldwide Business Consulting Services Spending Share by Service Line, 2019 and 2024

U.S. Business Consulting by Service Line

Table: U.S. Business Consulting Services Spending by Service Line, 2016–2024 ($B)

Figure: U.S. Business Consulting Services Spending Share by Service Line, 2019 and 2024

Worldwide Digital-Related and Nondigital-Related Business Consulting

Figure: Worldwide Business Consulting Services Digital-Related and Nondigital-Related Engagement Spending, 2015–2024

Market Context

Drivers and Inhibitors

Drivers

Economy

Unemployment/Job Creation

Corporate Profits

Significant Market Developments

Figure: Global Business Priorities, 2020–2022

Table: Business Priorities for Enterprises by Region and Rank of Importance, 2020

Changes from Prior Forecast

Table: Worldwide Business Consulting Services Spending Growth by Region, 2015–2024: Comparison of May 2019 and May 2020 Forecasts (%)

Figure: Worldwide Business Consulting Services Spending Growth, 2015–2024: Comparison of May 2019 and May 2020 Forecasts

Market Definition

Exceptions and Exclusions

Methodology

Related Research

Content


Related Links