Finance & Professional Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
IT Consulting Services
Overview
Market size
$720.0B
global, USD
CAGR
8.2%
base to forecast
Buyer power
-1.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity
Market outlook
2031$1.07T
What changed
Demand by region
North America demand44%
Europe demand28%
Asia Pacific demand20%
Rest of world demand8%
share of global demandtotal 100%
Cost drivers
Labor and Consultant Compensation65%
Recruitment and Training10%
SG and A and Corporate Overhead12%
Travel and Entertainment8%
Software Licences and Internal IT5%
share of delivered cost (analyst estimate)