TECH & AI5 June 2026· 9 min
Digital Transformation of Consulting Firms: The $700B Reinvention
Consulting firms are undergoing their most radical reinvention in decades. From AI-powered diagnostics to platform-based delivery, the $700B industry is rewriting its own playbook — or risk being disrupted by it.
SOURCES
[1]McKinsey Global Institute — 'The State of AI in Professional Services' (2024)
[2]Gartner — 'Future of Consulting: Outcome-Based Models' (2023)
[3]Kennedy Research — 'Global Consulting Market Report' (2024)
[4]Forrester Research — 'AI Substitution in B2B Services' (2024)
[5]Deloitte Insights — 'Talent Trends in Professional Services' (2023)
[6]BCG Henderson Institute — 'Hybrid Teams and Client Satisfaction' (2024)
[7]Staffing Industry Analysts — 'Freelance Platform Transaction Volume' (2024)
[8]FactSet — 'Professional Services Sector Valuations' (Q1 2024)
[9]Accenture Annual Report FY2024
[10]EY Global Press Release — 'EY.ai Ecosystem Launch' (Davos, 2024)