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Our Consulting Supplier Rankings 2020 report is now available to download. This comprehensive analysis contains a view on the performance of each of the Top 20 UK suppliers in this arena, includes the ranking table showing estimated revenue and growth, provides insight into the dynamics shaping this market and highlights the up and coming players.
Fuelled by the rush to digital, the increase in demand for SITS consulting services significantly outpaced the overall market in 2019. Stronger than anticipated growth of 9.4% took UK expenditure to just over £3bn, accounting for 5.7% of the Software and IT Services market last year.
Market momentum carried through into the early months of 2020. It was, however, stopped in its tracks by the advent of the COVID-19 pandemic and the ensuing lockdowns. The resulting business and economic impacts are likely to take a disproportionately heavy toll on this sector, at least in the short term. Moreover, the post-pandemic consulting market paradigm will be different and suppliers need to accelerate their own transformations if they are to address their customers rapidly changing expectations. Radical, multi-disciplinary thinking, vertical sub-segment specialisation and commercial boldness will all grow in importance.
Subscribers to TechMarketView TechSectorViews can read the full analysis of who's gaining ground in this market, who's falling back, and why. If you don’t have a subscription and would like to know more about how to access our services, please email Deb Seth.
Posted by Duncan Aitchison at '09:17' - Tagged: consulting research suppliers
