Consulting Market Forecast to Strengthen

Kennedy's indicators are pointing to a steady, modest recovery for the global management consulting profession. Consulting revenues will continue a slow growth climb in 2004, with revenues up 3% over the previous year, yielding a market size of just under $125 billion.

If supported by an expected global recovery, particularly in the key consulting markets, the profession will register a compound annual growth rate of nearly 5% through 2006.