Consulting sector sees 13% revenue rise

Double digit growth is expected for management consulting industry in 2022 as clients turn to the sector to help with post pandemic recovery and digital challenges

The latest survey of consultants from the Management Consultancies Association (MCA) forecast growth of 13% in revenue to £6.5bn with digital technology continuing to be the largest service line delivered by the sector. The total value of the consulting market is £12.5bn, up 4.5% year on year.

The research was independently conducted by Savanta and estimates that double the number of consultants believe clients are turning to them to solve sustainability challenges like restructuring supply chains and responding to new green regulations and changing consumer demand. Large, medium and small firms all participated in the research with data submitted by leaders as well as young consultants.

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