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Report Overview

The Australia consulting services market size reached USD 9.10 Billion in 2024. The market is expected to grow at a CAGR of 7.50% between 2025 and 2034, reaching almost USD 18.76 Billion by 2034.

2024

Base Year

2018-2024

Historical Period

2025-2034

Forecast Period

  • As per industry reports, Australia accounted for USD 639.5 million data spend in 2021 while witnessing a 32.6% change in the total spending from the year 2020.

Compound Annual Growth Rate

7.5%

Value in USD Billion

2025-2034


*this image is indicative*

Consultants serve as problem-solving experts for hire, assisting businesses, governments, and non-profits with complex issues that require specialized expertise. The consulting industry has evolved significantly over the past two decades, encompassing various domains such as Strategy, Management, Operations, Financial, HR, and IT Consulting, offering services across numerous industries and functional areas. While most consultants are employed by large or mid-sized firms, freelance consultants also play a significant role in the industry.

In addition to traditional consulting roles, there is a growing trend of advisors working in consultancy capacities outside the consulting industry. Many organisations have developed internal consulting units to address their advisory and implementation needs, leading to the emergence of an "internal consulting" sector whose size remains uncertain but is potentially substantial while driving the Australia consulting services market growth.

Cybersecurity consulting experienced significant growth in 2021, driven by the increased demand for securing remote work infrastructure amid regional lockdowns. Likewise, data and analytics consulting saw heightened demand due to shifts in customer behaviour, supply chain disruptions, and challenges posed by the Great Resignation. Companies sought assistance in leveraging data for predictive insights and enhancing business decision-making.

In Australia, the number of Management Consultants has grown substantially over the past decade, outpacing the overall workforce growth by fourfold. This underscores the increasing reliance on consulting expertise across various sectors to navigate evolving business challenges and opportunities playing an important role in the Australia consulting services market development.

Market Segmentation

"Australia Consulting Services Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:

Market Breakup by Service Type

  • Financial Advisory
  • Operations Consulting
  • Technology Advisory
  • Strategy Consulting
  • Others

Market Breakup by End-User

  • Life Sciences and Healthcare
  • Government
  • Financial Services
  • Energy
  • IT and Telecommunication
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Competitive Landscape

Key players in the consulting services market in Australia design and offer services while undertaking mergers and acquisitions to support the end users in the market.

  • KPMG Australia
  • Ernst & Young Asia-Pacific Limited
  • Accenture Australia Pty Limited
  • IBM Australia Limited
  • Capgemini Australia Pty Limited
  • Others

Australia Consulting Services Market Report Snapshots

Australia Consulting Services Regional Insights

Australia Consulting Delivery Models Trends

Australia Business Advisory Services Sector Consulting

Australia Advisory & Consulting Services Growth

Australia Consulting Services Strategy Transformation

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is estimated to be valued at USD 9.10 Billion in 2024.

The market is projected to grow at a CAGR of 7.50% between 2025 and 2034.

The consulting services market is expected to reach USD 18.76 Billion in 2034.

The market is categorised according to its service type, which includes financial advisory, operations consulting, technology advisory, strategy consulting, and others.

The key market players are KPMG Australia, Ernst & Young Asia-Pacific Limited, Accenture Australia Pty Limited, IBM Australia Limited, Capgemini Australia Pty Limited, and others.

The market is driven by factors that include increasing applications in desserts and bakery items, rising vegan culture and growing demand for products with longer shelf life and higher quality, among others.

The market is categorised according to its end-user, which includes life sciences and healthcare, government, financial services, energy, IT and telecommunication, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Service Type
  • End User
  • Region
Breakup by Service Type
  • Financial Advisory
  • Operations Consulting
  • Technology Advisory
  • Strategy Consulting
  • Others
Breakup by End User
  • Life Sciences and Healthcare
  • Government
  • Financial Services
  • Energy
  • IT and Telecommunication
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • KPMG Australia
  • Ernst & Young Asia-Pacific Limited
  • Accenture Australia Pty Limited
  • IBM Australia Limited
  • Capgemini Australia Pty Limited
  • Others

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