SlideShare a Scribd company logo
ASK YOUR QUESTION
WHAT IS THE SIZE OF THE
CONSULTING MARKET?
It is a tricky question.
You will find
various
estimations
available on the
market sizing,
depending on the
definition you use.
We use an
estimate of
roughly $250
billion worldwide.
No matter how you look at
the market, it is
surprisingly huge.
Twice the size of
a booming
industry such as
video games
($115B in 2018
)…
Or a mature
industry such as
motorbikes
($134B in 2018).
WHAT ELSE CAN WE TELL
YOU?
The industry is
organized along
three dimensions).
Regional markets are quite diverse.
The consulting industry is obviously a
large market with robust growth.
So why does it have such an unsavory
reputation?
The consultants must be bringing
something to the table.
Value, maybe?
Hélène Laffitte
Cofounder & CEO
• Consulting Sourcing Expert
• Author of Smart Consulting
Sourcing
• MBA Columbia Business School
Want to learn more?
Contact me & start creating
more value.
+1 (646) 477 5953
Follow us on the web
CREDITS PHOTOS FROM UNSPLASH
Cover – The New York Public Library
Slide 2 – Justin Lynch
Slide 4 – NASA
Slide 5 – Florian Olivo
Slide 6 – Harley-Davidson
Slide 8 – Markus Spiske
Slide 9 – Sharon McCutcheon
Slide 10 - Tobias von Schneider

More Related Content

Similar to What is the size of the consulting market?

Part two opportunities for land-based casinos in a digital world
Part two opportunities for land-based casinos in a digital worldPart two opportunities for land-based casinos in a digital world
Part two opportunities for land-based casinos in a digital worldNicky Senyard
 
Part Two: Opportunities for Land-Based Casinos in a Digital World
Part Two: Opportunities for Land-Based Casinos in a Digital WorldPart Two: Opportunities for Land-Based Casinos in a Digital World
Part Two: Opportunities for Land-Based Casinos in a Digital WorldNicky Senyard
 
Industry Summit Keynote - Evolution Of Car Dealership's Profit Centers
Industry Summit Keynote - Evolution Of Car Dealership's Profit CentersIndustry Summit Keynote - Evolution Of Car Dealership's Profit Centers
Industry Summit Keynote - Evolution Of Car Dealership's Profit CentersSean Bradley
 
Financial Freedom
Financial FreedomFinancial Freedom
Financial Freedomweblogian
 
Presentation of Career N Winners
Presentation of Career N Winners Presentation of Career N Winners
Presentation of Career N Winners Harry Singh
 
EO-Malaysia Craig Rispin Keynote January 27, 2015
EO-Malaysia Craig Rispin Keynote January 27, 2015EO-Malaysia Craig Rispin Keynote January 27, 2015
EO-Malaysia Craig Rispin Keynote January 27, 2015Craig Rispin
 
walt disney strategy management
walt disney strategy managementwalt disney strategy management
walt disney strategy managementaditi sehgal
 
What Every Startup And Corporate Should Know About Exits
What Every Startup And Corporate Should Know About ExitsWhat Every Startup And Corporate Should Know About Exits
What Every Startup And Corporate Should Know About ExitsHAX
 
Break Into the US Market: Speedinvest US Expansion Guide for Founders
 Break Into the US Market: Speedinvest US Expansion Guide for Founders Break Into the US Market: Speedinvest US Expansion Guide for Founders
Break Into the US Market: Speedinvest US Expansion Guide for FoundersSpeedinvest
 
EO Singapore Craig Rispin Keynote January 26, 2015
EO Singapore Craig Rispin Keynote January 26, 2015EO Singapore Craig Rispin Keynote January 26, 2015
EO Singapore Craig Rispin Keynote January 26, 2015Craig Rispin
 
2014 Tech M&A Monthly - New World of Buyers
2014 Tech M&A Monthly - New World of Buyers2014 Tech M&A Monthly - New World of Buyers
2014 Tech M&A Monthly - New World of BuyersCorum Group
 
YBuy Investor Presentation
YBuy Investor PresentationYBuy Investor Presentation
YBuy Investor Presentationrlaidlaw13
 
An Untapped Economic Opportunity for Wyoming
An Untapped Economic Opportunity for WyomingAn Untapped Economic Opportunity for Wyoming
An Untapped Economic Opportunity for WyomingFabian Lobera
 
Agile australia dealing with disruption
Agile australia   dealing with disruptionAgile australia   dealing with disruption
Agile australia dealing with disruptionMark Cohen
 
Wall2Wall Internal Learning Series - SEO
Wall2Wall Internal Learning Series - SEOWall2Wall Internal Learning Series - SEO
Wall2Wall Internal Learning Series - SEORyan D'Mello
 

Similar to What is the size of the consulting market? (17)

Part two opportunities for land-based casinos in a digital world
Part two opportunities for land-based casinos in a digital worldPart two opportunities for land-based casinos in a digital world
Part two opportunities for land-based casinos in a digital world
 
Part Two: Opportunities for Land-Based Casinos in a Digital World
Part Two: Opportunities for Land-Based Casinos in a Digital WorldPart Two: Opportunities for Land-Based Casinos in a Digital World
Part Two: Opportunities for Land-Based Casinos in a Digital World
 
Industry Summit Keynote - Evolution Of Car Dealership's Profit Centers
Industry Summit Keynote - Evolution Of Car Dealership's Profit CentersIndustry Summit Keynote - Evolution Of Car Dealership's Profit Centers
Industry Summit Keynote - Evolution Of Car Dealership's Profit Centers
 
Financial Freedom
Financial FreedomFinancial Freedom
Financial Freedom
 
Presentation of Career N Winners
Presentation of Career N Winners Presentation of Career N Winners
Presentation of Career N Winners
 
EO-Malaysia Craig Rispin Keynote January 27, 2015
EO-Malaysia Craig Rispin Keynote January 27, 2015EO-Malaysia Craig Rispin Keynote January 27, 2015
EO-Malaysia Craig Rispin Keynote January 27, 2015
 
walt disney strategy management
walt disney strategy managementwalt disney strategy management
walt disney strategy management
 
Reebok
ReebokReebok
Reebok
 
Hong Kong Web Analytics Wednesday #7
Hong Kong Web Analytics Wednesday #7Hong Kong Web Analytics Wednesday #7
Hong Kong Web Analytics Wednesday #7
 
What Every Startup And Corporate Should Know About Exits
What Every Startup And Corporate Should Know About ExitsWhat Every Startup And Corporate Should Know About Exits
What Every Startup And Corporate Should Know About Exits
 
Break Into the US Market: Speedinvest US Expansion Guide for Founders
 Break Into the US Market: Speedinvest US Expansion Guide for Founders Break Into the US Market: Speedinvest US Expansion Guide for Founders
Break Into the US Market: Speedinvest US Expansion Guide for Founders
 
EO Singapore Craig Rispin Keynote January 26, 2015
EO Singapore Craig Rispin Keynote January 26, 2015EO Singapore Craig Rispin Keynote January 26, 2015
EO Singapore Craig Rispin Keynote January 26, 2015
 
2014 Tech M&A Monthly - New World of Buyers
2014 Tech M&A Monthly - New World of Buyers2014 Tech M&A Monthly - New World of Buyers
2014 Tech M&A Monthly - New World of Buyers
 
YBuy Investor Presentation
YBuy Investor PresentationYBuy Investor Presentation
YBuy Investor Presentation
 
An Untapped Economic Opportunity for Wyoming
An Untapped Economic Opportunity for WyomingAn Untapped Economic Opportunity for Wyoming
An Untapped Economic Opportunity for Wyoming
 
Agile australia dealing with disruption
Agile australia   dealing with disruptionAgile australia   dealing with disruption
Agile australia dealing with disruption
 
Wall2Wall Internal Learning Series - SEO
Wall2Wall Internal Learning Series - SEOWall2Wall Internal Learning Series - SEO
Wall2Wall Internal Learning Series - SEO
 

More from Helene LAFFITTE

Webinar Slides - History of Consulting.pdf
Webinar Slides - History of Consulting.pdfWebinar Slides - History of Consulting.pdf
Webinar Slides - History of Consulting.pdfHelene LAFFITTE
 
How to improve your consulting sourcing process?
How to improve your consulting sourcing process?How to improve your consulting sourcing process?
How to improve your consulting sourcing process?Helene LAFFITTE
 
How to monitor your consulting spend?
How to monitor your consulting spend?How to monitor your consulting spend?
How to monitor your consulting spend?Helene LAFFITTE
 
What are the different compensation models?
What are the different compensation models?What are the different compensation models?
What are the different compensation models?Helene LAFFITTE
 
How to negotiate a consulting agreement?
How to negotiate a consulting agreement?How to negotiate a consulting agreement?
How to negotiate a consulting agreement?Helene LAFFITTE
 
How to assess your consulting sourcing maturity
How to assess your consulting sourcing maturityHow to assess your consulting sourcing maturity
How to assess your consulting sourcing maturityHelene LAFFITTE
 
Is your consulting spend aligned with your strategy?
 Is your consulting spend aligned with your strategy? Is your consulting spend aligned with your strategy?
Is your consulting spend aligned with your strategy?Helene LAFFITTE
 
What does the consulting sourcing look like?
What does the consulting sourcing look like?What does the consulting sourcing look like?
What does the consulting sourcing look like?Helene LAFFITTE
 
How to organize to buy consulting?
How to organize to buy consulting?How to organize to buy consulting?
How to organize to buy consulting?Helene LAFFITTE
 
Working with small firm or blue chip?
Working with small firm or blue chip?Working with small firm or blue chip?
Working with small firm or blue chip?Helene LAFFITTE
 
How is the consulting industry evolving?
How is the consulting industry evolving?How is the consulting industry evolving?
How is the consulting industry evolving?Helene LAFFITTE
 
How to check the references of a Consulting Firm ?
How to check the references of a Consulting Firm ?How to check the references of a Consulting Firm ?
How to check the references of a Consulting Firm ?Helene LAFFITTE
 
How to find the right consulting firms ?
How to find the right consulting firms ?How to find the right consulting firms ?
How to find the right consulting firms ?Helene LAFFITTE
 
Why do consulting projects fail?
Why do consulting projects fail?Why do consulting projects fail?
Why do consulting projects fail?Helene LAFFITTE
 
Do i need an rfp for a consulting project?
Do i need an rfp for a consulting project?Do i need an rfp for a consulting project?
Do i need an rfp for a consulting project?Helene LAFFITTE
 
Where to focus the efforts in the consulting sourcing process?
Where to focus the efforts in the consulting sourcing process?Where to focus the efforts in the consulting sourcing process?
Where to focus the efforts in the consulting sourcing process?Helene LAFFITTE
 
How to implement demand management for Consulting?
How to implement demand management for Consulting?How to implement demand management for Consulting?
How to implement demand management for Consulting?Helene LAFFITTE
 
How to analyze your consulting spend
How to analyze your consulting spendHow to analyze your consulting spend
How to analyze your consulting spendHelene LAFFITTE
 
What is asymmetrical information,and why should I care?
What is asymmetrical information,and why should I care?What is asymmetrical information,and why should I care?
What is asymmetrical information,and why should I care?Helene LAFFITTE
 
What value do Consulting firms bring to their clients?
What value do Consulting firms bring to their clients?What value do Consulting firms bring to their clients?
What value do Consulting firms bring to their clients?Helene LAFFITTE
 

More from Helene LAFFITTE (20)

Webinar Slides - History of Consulting.pdf
Webinar Slides - History of Consulting.pdfWebinar Slides - History of Consulting.pdf
Webinar Slides - History of Consulting.pdf
 
How to improve your consulting sourcing process?
How to improve your consulting sourcing process?How to improve your consulting sourcing process?
How to improve your consulting sourcing process?
 
How to monitor your consulting spend?
How to monitor your consulting spend?How to monitor your consulting spend?
How to monitor your consulting spend?
 
What are the different compensation models?
What are the different compensation models?What are the different compensation models?
What are the different compensation models?
 
How to negotiate a consulting agreement?
How to negotiate a consulting agreement?How to negotiate a consulting agreement?
How to negotiate a consulting agreement?
 
How to assess your consulting sourcing maturity
How to assess your consulting sourcing maturityHow to assess your consulting sourcing maturity
How to assess your consulting sourcing maturity
 
Is your consulting spend aligned with your strategy?
 Is your consulting spend aligned with your strategy? Is your consulting spend aligned with your strategy?
Is your consulting spend aligned with your strategy?
 
What does the consulting sourcing look like?
What does the consulting sourcing look like?What does the consulting sourcing look like?
What does the consulting sourcing look like?
 
How to organize to buy consulting?
How to organize to buy consulting?How to organize to buy consulting?
How to organize to buy consulting?
 
Working with small firm or blue chip?
Working with small firm or blue chip?Working with small firm or blue chip?
Working with small firm or blue chip?
 
How is the consulting industry evolving?
How is the consulting industry evolving?How is the consulting industry evolving?
How is the consulting industry evolving?
 
How to check the references of a Consulting Firm ?
How to check the references of a Consulting Firm ?How to check the references of a Consulting Firm ?
How to check the references of a Consulting Firm ?
 
How to find the right consulting firms ?
How to find the right consulting firms ?How to find the right consulting firms ?
How to find the right consulting firms ?
 
Why do consulting projects fail?
Why do consulting projects fail?Why do consulting projects fail?
Why do consulting projects fail?
 
Do i need an rfp for a consulting project?
Do i need an rfp for a consulting project?Do i need an rfp for a consulting project?
Do i need an rfp for a consulting project?
 
Where to focus the efforts in the consulting sourcing process?
Where to focus the efforts in the consulting sourcing process?Where to focus the efforts in the consulting sourcing process?
Where to focus the efforts in the consulting sourcing process?
 
How to implement demand management for Consulting?
How to implement demand management for Consulting?How to implement demand management for Consulting?
How to implement demand management for Consulting?
 
How to analyze your consulting spend
How to analyze your consulting spendHow to analyze your consulting spend
How to analyze your consulting spend
 
What is asymmetrical information,and why should I care?
What is asymmetrical information,and why should I care?What is asymmetrical information,and why should I care?
What is asymmetrical information,and why should I care?
 
What value do Consulting firms bring to their clients?
What value do Consulting firms bring to their clients?What value do Consulting firms bring to their clients?
What value do Consulting firms bring to their clients?
 

Recently uploaded

Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small businessBen Wann
 
sales plan presentation by mckinsey alum
sales plan presentation by mckinsey alumsales plan presentation by mckinsey alum
sales plan presentation by mckinsey alumzyqmx62fgm
 
IPTV Subscription in Ireland: Elevating Your Entertainment Experience
IPTV Subscription in Ireland: Elevating Your Entertainment ExperienceIPTV Subscription in Ireland: Elevating Your Entertainment Experience
IPTV Subscription in Ireland: Elevating Your Entertainment ExperienceDragon Dream Bar
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBen Wann
 
Filing Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed GuideFiling Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed GuideYourLegal Accounting
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfSam H
 
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdf
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdfMatt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdf
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdfMatt Conway - Attorney
 
G-Mica Wood Chip Particle board Table Design
G-Mica Wood Chip Particle board Table DesignG-Mica Wood Chip Particle board Table Design
G-Mica Wood Chip Particle board Table Designgmicaprelamdigital
 
Understanding UAE Labour Law: Key Points for Employers and Employees
Understanding UAE Labour Law: Key Points for Employers and EmployeesUnderstanding UAE Labour Law: Key Points for Employers and Employees
Understanding UAE Labour Law: Key Points for Employers and EmployeesDragon Dream Bar
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
 
Using Generative AI for Content Marketing
Using Generative AI for Content MarketingUsing Generative AI for Content Marketing
Using Generative AI for Content MarketingChuck Aikens
 
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxCynthia Clay
 
Transforming Max Life Insurance with PMaps Job-Fit Assessments- Case Study
Transforming Max Life Insurance with PMaps Job-Fit Assessments- Case StudyTransforming Max Life Insurance with PMaps Job-Fit Assessments- Case Study
Transforming Max Life Insurance with PMaps Job-Fit Assessments- Case StudyPMaps Assessments
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanasabutalha2013
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographerofm712785
 
Hyundai capital 2024 1quarter Earnings release
Hyundai capital 2024 1quarter Earnings releaseHyundai capital 2024 1quarter Earnings release
Hyundai capital 2024 1quarter Earnings releaseirhcs
 
Digital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdfDigital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdfJos Voskuil
 

Recently uploaded (20)

Communicative rationality and the evolution of business ethics: corporate soc...
Communicative rationality and the evolution of business ethics: corporate soc...Communicative rationality and the evolution of business ethics: corporate soc...
Communicative rationality and the evolution of business ethics: corporate soc...
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
 
sales plan presentation by mckinsey alum
sales plan presentation by mckinsey alumsales plan presentation by mckinsey alum
sales plan presentation by mckinsey alum
 
IPTV Subscription in Ireland: Elevating Your Entertainment Experience
IPTV Subscription in Ireland: Elevating Your Entertainment ExperienceIPTV Subscription in Ireland: Elevating Your Entertainment Experience
IPTV Subscription in Ireland: Elevating Your Entertainment Experience
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
 
Filing Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed GuideFiling Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed Guide
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
 
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdf
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdfMatt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdf
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdf
 
G-Mica Wood Chip Particle board Table Design
G-Mica Wood Chip Particle board Table DesignG-Mica Wood Chip Particle board Table Design
G-Mica Wood Chip Particle board Table Design
 
Understanding UAE Labour Law: Key Points for Employers and Employees
Understanding UAE Labour Law: Key Points for Employers and EmployeesUnderstanding UAE Labour Law: Key Points for Employers and Employees
Understanding UAE Labour Law: Key Points for Employers and Employees
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
 
Using Generative AI for Content Marketing
Using Generative AI for Content MarketingUsing Generative AI for Content Marketing
Using Generative AI for Content Marketing
 
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
Transforming Max Life Insurance with PMaps Job-Fit Assessments- Case Study
Transforming Max Life Insurance with PMaps Job-Fit Assessments- Case StudyTransforming Max Life Insurance with PMaps Job-Fit Assessments- Case Study
Transforming Max Life Insurance with PMaps Job-Fit Assessments- Case Study
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
 
Hyundai capital 2024 1quarter Earnings release
Hyundai capital 2024 1quarter Earnings releaseHyundai capital 2024 1quarter Earnings release
Hyundai capital 2024 1quarter Earnings release
 
Digital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdfDigital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdf
 

What is the size of the consulting market?

Editor's Notes

  1. INSTALL FONTS: Lato: https://www.fontsquirrel.com/fonts/lato Source Sans Pro Light: https://www.fontsquirrel.com/fonts/source-sans-pro