Consulting Growth to Double After Sluggish 2024, Research Finds

March 26, 2025, 12:01 AM UTC

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 ...

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