The US consulting market’s growth rate is set to double this year as companies get more bullish about generative AI investment, a new study from a London-based advisory firm found.
Consulting’s total market size is expected to grow 6% this year after a sluggish 2024 market to nearly $110 billion, according to the new Source Global Research report. More than 70% of US companies are planning to ramp up their investment in consulting support, citing business transformation as a top reason.
The consulting market grew by just 2.9% in 2024. Many clients adopted a ...