KEENE, N.H.--(BUSINESS WIRE)--Kennedy Consulting Research & Advisory, the leader in market analysis on the consulting profession, announces its launch of the 2014 edition of Global Consulting Market, featuring fully-updated rankings and profiles of global consulting firms.
“For the 2013-2014 forecast period, Kennedy finds the CAGR improving from 3.7% to 4.6%, with market size surpassing $245 billion,” reports Lasse Pitkaeniemi, Project Lead and Kennedy’s Director of Market Research. "Strong M&A activity in North America and Asia Pacific are the major contributors to this growth. Growth rates in emerging markets are also up from last year despite continued political unrest in the Middle East and Ukraine. Kennedy's outlook on service lines shows the highest growth rate in financial consulting followed by IT. In IT consulting, digitalization and megatrends (social, cloud, analytics and mobile) have all grown and matured enough to have a real effect on IT consulting spend."
Global Consulting Market 2014 also reveals that, for the fifth consecutive year, Kennedy ranks Deloitte (Deloitte Touche Tohmatsu Limited member firms) number one in global consulting based on aggregate revenue.
Released annually, the report provides a detailed overview of market dynamics, history and recent events in the global consulting industry and how they relate to the overall economy and adjacent markets.
Market size, trends, forecasted growth rates, market share and rankings information are provided for the total consulting market and for four key service lines (Strategy and Operations, Human Resources, Financial, Information Technology).
Market size and trends data are also shown for four main geographies (North America, Asia Pacific, EMEA, Latin America) and 10 industries.
The report concludes with detailed quantitative profiles of 20 large consulting providers, including their development and competitive dynamics, and accompanied by analysis of their respective strengths and weaknesses.
Firms covered in Global Consulting Market 2014 include:
Accenture; Alvarez & Marsal; Aon Hewitt; A.T. Kearney; AlixPartners; Atos; Bain & Company; Baker Tilly; BDO International; Booz & Company; Booz Allen Hamilton; The Boston Consulting Group; Buck Associates at Xerox; CAPCO; Capgemini; CGI; Charles River Associates; Cognizant; CSC; Crowe Horwath; Deloitte; Dell; Dell-Perot; Duff & Phelps; EY; FTI Consulting; Fujitsu; Grant Thornton; Hay Group; HCL Technologies; Hitachi; IBM; Infosys; JLT Benefit Solutions Ltd.; Korn/Ferry; KPMG; Kroll Inc.; L.E.K.; McKinsey & Company; Mercer; Milliman; Morneau Shepell; Navigant; NGA HR; Oliver Wyman Group; PA Consulting; PKF & Company; Praxity; Punter Southall; PwC; Roland Berger; RSM International; Sapient; The Segal Group; Tata Consulting Services; Towers Watson; Wipro; and ZS Associates
Market share and rankings include:
- 40 Largest Global Consulting Providers
- 20 Largest Strategy & Operations and HR Consulting Providers
- 20 Largest Financial and IT Consulting Providers
For more information on Kennedy’s Global Consulting Market 2014, call 888.259.1500 (+1.603.357 8102) or visit www.kennedyinfo.com/consulting/research/consulting-industry-research-2014.
A Bloomberg BNA Business
Founded in 1970, Kennedy Consulting Research & Advisory provides accurate and reliable market sizing and forecasts on consulting services world-wide, needs-analysis and vendor profiling for buyers of consulting services, timely and insightful intelligence on the top consulting firms in their respective markets, and operational benchmarks that measure consulting performance.
Kennedy's research spans multiple service areas, client vertical industries, and geographies. Our analysts provide expert commentary at consulting industry events world-wide, and offer custom research for Management Consulting and IT Services firms.
Kennedy's advisory services provide results-oriented strategic guidance to buyers and sellers of consulting services.
Our clientele consists of Fortune 500 companies and the most highly regarded professional services firms in the world.
Kennedy’s parent company, Bloomberg BNA, a wholly-owned subsidiary of Bloomberg L.P., is a leading source of legal, regulatory, and business information for professionals.
More information is available for you at www.KennedyInfo.com/Consulting.