The consulting industry’s worldwide revenue has grown at an annualized rate of 3.5% over the last five years, and is expected to reach $1.0 trillion this year, according to IBISWorld.
Survey respondents were asked which consulting firms they would recommend; firms were eligible if they had active offices in at least three of the following regions: Africa, Asia, Australia and Oceania, Europe, the Middle East, North America and South America.
The firms were recommended within 13 industries (such as technology, financial services and healthcare) and 14 functional areas (such as M&A, marketing and sustainability); those with the most recommendations were included in our list and awarded a star rating.
Firms in the top 10% (very frequently recommended) received 5 stars, firms between the top 10% and 40% (frequently recommended) received 4 stars, and all others with a sufficient number of recommendations received 3 stars.
.
.
In a comprehensive survey of the management consulting industry, 223 management consulting firms and nine consulting networks have been recognized for their excellence in matching consultants with clients’ needs.
Alongside traditional consulting firms, respondents were given the opportunity to recommend consulting networks—platforms that connect independent consultants with clients seeking specific expertise. These networks allow consultants to align with projects that fit their skills and interests, while providing businesses with access to highly specialized talent.
The methodology used to rate consulting firms was similarly applied to evaluate these networks, ensuring consistent standards. The result is a curated list of the top firms and networks that exemplify industry leadership and expertise.
This recognition highlights the growing importance of consulting networks in a dynamic, project-based economy, where both flexibility and specialization are increasingly valued.
BCG has been named one of Forbes World’s Best Management Consulting Firms for 2024!
“For the third consecutive year, we’ve ranked as one of the most recommended firms globally. Our philosophy is simple: “We don’t work on clients, we work with clients,” as Alicia Pittman, BCG’s Global People Chair, shares. This award reflects our commitment to partnering with clients to create lasting, positive change. Whether helping companies accelerate through transformative growth or navigating complex AI integrations, BCG is proud to lead with integrity, innovation, and impact.”
Click here for details…
.
.
