Industry Analysis Vittarth

Consulting Industry


Consulting is the art of providing expert advice to a specific group of people. The global consulting industry has a total value of $275 billion. Since 2011, it has grown with an average CAGR of 3.31%. The Industry is dominated by the Big 4 i.e. PWC, Deloitte, EY and KPMG who have 40% of the global market share. In India there are over 10,000 big and small consulting firms. Inspite of this, the market is still relatively new and unexplored. India is however a hub of IT consulting and with the digital transformation consulting growing rapidly, India stands to do well. In this post we analyze the Consulting Industry, its future and how it has been affected by the Covid-19 pandemic and what opportunities lie ahead for the Indian Consulting sector.



Credits: Mihir Balvally, Siddharth Chauhan

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