TECH & AI1 October 2026· 9 min
Digital Transformation of Consulting Firms: The $72B Reinvention
Consulting firms are spending billions to digitize their own operations — but can the industry that sells transformation actually transform itself? A deep dive into data, strategies, and stakes.
SOURCES
[1]IBISWorld – Global Management Consulting Market Report 2023-2026
[2]McKinsey Global Institute – 'The Economic Potential of Generative AI' (2023)
[3]BCG Annual Report 2023 – Digital and Technology Revenue Breakdown
[4]Accenture FY2023 Annual Report – AI Investment and Workforce Data
[5]Deloitte AI Institute – 'Generative AI in Professional Services' (2024)
[6]Harvard Business Review – 'Why Consulting Firms Must Transform or Decline' (2023)
[7]Gartner – 'Future of Consulting: AI Impact on Business Model' (2023)
[8]Financial Times – 'Big Consultancies Bet Billions on AI to Protect Their Turf' (2023)