
Worldwide Business Consulting Services Market Shares, 2023: The Rise of GenAI
Description
Worldwide Business Consulting Services Market Shares, 2023: The Rise of GenAI
This IDC study discusses the performance of business consulting services firms for 2023.“2023 was a transition year out of the temporary post-COVID-19 pandemic boost that did not last through 2023 for most business consulting service providers. The business consulting services market experienced growth, despite economic challenges, driven by digital business and GenAI-related consulting. Inflation and high CPI influenced spending, shifting focus to cost cutting, risk management, and strategic investments. The trend toward shorter, more intense projects emerged, with provider GenAI/AI investments significantly shaping the market. GenAI’s promise of better outcomes with fewer resources reshaped the 2023 business consulting landscape, driving growth despite economic challenges,” said Bill Latshaw, lead researcher, Worldwide Business Consulting Services, IDC.
Table of Contents
20 Pages
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Market Context
Significant Market Developments
Market Definition
Exceptions and Exclusions
Related Research
Pricing
Currency Rates
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