Post-pandemic uncertainty to support demand in near term
CLEVELAND, Aug. 19, 2022 /PRNewswire/ — Revenues for management consulting services are forecast to advance 4.9% annually in nominal dollars through 2026, according to Management Consulting Services: United States, a report recently released by Freedonia Focus Reports. Providers of management consulting services are expected to benefit from gains in nonresidential fixed investment, in turn propelled by continued growth in consumer spending and increased business profits after taxes. Companies will continue to use these profits to invest in new projects, which will spur demand for consulting to advise on those projects and improve market outcomes. Clients will also be incentivized to spend on consultant services due to ongoing challenges and opportunities, such as cybersecurity, increasing regulation, data privacy, the advent of Internet of Things (IoT) connected…
