MARKETS1 April 2026· 8 min
Digital Transformation of Consulting Firms: The $700B Reckoning
Global consulting firms are racing to digitize their own operations while selling transformation to clients. With the market projected to hit $700B by 2030, the advisors must now advise themselves.
SOURCES
[1]Grand View Research – Management Consulting Market Size & Forecast Report 2023–2030
[2]McKinsey Global Institute – The Economic Potential of Generative AI (2023)
[3]Source Global Research – The Global Consulting Market Report 2024
[4]Accenture Annual Report FY2023 – Investor Relations
[5]Heidrick & Struggles – Consulting Talent Transformation Survey 2024
[6]Kennedy Research / ALM Intelligence – Consulting Pricing Models Report 2024
[7]BCG Annual Review 2023 – BCG X Growth and Strategy
[8]PwC – New World, New Skills Global Upskilling Initiative Report 2023
[9]Deloitte Global – Technology Alliance Ecosystem Report 2023
[10]Financial Times – 'McKinsey's Lilli: Inside the Firm's AI Platform' (September 2023)