U.S. Business Consulting Services Forecast Update, 2022–2026

U.S. Business Consulting Services Forecast Update, 2022–2026

This IDC study provides an analysis of the U.S. business consulting services market for the 2022–2026 period."The business consulting services market that most recently suffered from the COVID-19 pandemic uncertainty has been doing better recently. Where companies held back their spending waiting for things to get worse, or resolve, in the current market, they are using provider support to bolster their abilities to make the most of disruption. Providers that continued their recruiting and hiring cycles during the COVID-19 period, even when their billability suffered, have the most to gain. Providers have the staff to meet the increased demand if buyer necessity continues. There are some signs that the most recent storms of disruption are causing buyers to pause and/or reduce their business consulting investments so the most recent burst of need may be slowing," added Bill Latshaw, research director, Business Consulting Services at IDC.

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