MARKETS1 April 2026· 10 min
Digital Transformation of Consulting Firms: The $700B Reckoning
Consulting giants are spending billions to reinvent themselves as technology-first advisors. As AI and automation reshape client demands, firms that fail to digitize risk irrelevance by 2030.
SOURCES
[1]Grand View Research – Global Management Consulting Market Forecast 2023-2030
[2]Source Global Research – Consulting Industry Benchmarking Report 2023
[3]McKinsey & Company – Global Survey on AI Adoption in Professional Services 2023
[4]Accenture Annual Report FY2023 – Revenue Composition and Acquisition Strategy
[5]Forrester Research – Generative AI Adoption in Professional Services 2024
[6]BCG & MIT Sloan – The Impact of Generative AI on Consulting Performance 2023
[7]Kennedy Research – Outcome-Based Pricing Trends in Management Consulting 2023
[8]Deloitte Global Revenue Announcement FY2023
[9]Catalant Technologies – Platform Transaction Volume Report 2022
[10]BCG Global Talent Report – STEM Hiring Trends in Consulting 2023