Australia Consulting Services Market Size and Report - 2034

Insight Pro Analytic
17 hours ago
5 min read

Australia Consulting Services Market Outlook

According to the report by Expert Market Research (EMR), the Australia consulting services market reached a value of USD 9.10 billion in 2024. Aided by the increasing complexity of business operations, the shift towards digital transformation, and evolving regulatory landscapes, the market is projected to grow at a CAGR of 7.50% between 2025 and 2034, reaching nearly USD 18.76 billion by 2034.

Consulting services encompass a wide range of professional advisory solutions offered to organisations seeking to improve their performance, efficiency, and competitiveness. These services span multiple disciplines, including strategy, operations, finance, human resources, technology, and risk management. In Australia, the consulting services market has expanded significantly due to growing demand from both public and private sectors aiming to navigate economic uncertainty, technological disruption, and regulatory compliance.

The rising need for strategic guidance in response to globalisation, digital innovation, and climate change policies has created a favourable environment for the consulting sector. Firms are increasingly engaging consultants not only to solve short-term problems but also to drive long-term transformation and value creation. This trend has contributed to the steady expansion of the consulting services market across various industries in Australia.

Drivers of Growth

The growth of the consulting services market in Australia is being driven by several structural and cyclical factors. A key driver is the growing complexity of business environments, including global supply chain disruptions, geopolitical uncertainties, and fast-changing consumer preferences. These factors have heightened the need for expert insights, scenario planning, and risk mitigation strategies.

Technological advancements and innovation are also propelling market growth. With the rise of artificial intelligence, machine learning, blockchain, and data science, businesses are actively seeking external support to adopt and integrate new technologies into their operations. Consulting firms play a vital role in guiding these transitions, helping clients manage change and unlock value from digital investments.

The expansion of government initiatives and public infrastructure projects is another major driver. Australia’s federal and state governments frequently engage consultants to assist with large-scale projects in transport, healthcare, education, and energy. These engagements require specialised knowledge in project management, stakeholder consultation, and regulatory compliance.

Furthermore, talent shortages and workforce transformation are prompting organisations to turn to consultants for human capital solutions, including leadership development, employee engagement, and workforce planning. This trend is especially pronounced in industries facing skill gaps and high attrition rates.

Australia Consulting Services Market Trends

One of the most significant trends driving the Australia consulting services market is the shift towards digital transformation. Organisations are increasingly investing in digital solutions, cloud technologies, and automation to enhance customer experiences, streamline operations, and ensure data security. As a result, demand for consultants with expertise in IT strategy, digital architecture, data analytics, and cybersecurity has surged.

Another emerging trend is the integration of sustainability and ESG consulting into broader business strategies. With growing stakeholder expectations and evolving regulatory requirements, companies are seeking guidance on how to implement sustainable practices, improve carbon reporting, and align with net-zero targets. This has opened new avenues for consulting firms specialising in climate strategy, responsible sourcing, and impact assessment.

Remote and hybrid consulting models are also gaining traction, enabled by digital collaboration tools and changing workplace dynamics. Consulting firms are adapting to client preferences for virtual engagements, which not only reduce costs but also broaden access to niche expertise regardless of location.

Moreover, cross-functional consulting projects that combine technology, strategy, and operational transformation are becoming increasingly popular. Clients are looking for holistic solutions that address multiple business challenges simultaneously, prompting consulting firms to enhance their multidisciplinary capabilities and foster deeper client relationships.

Take advantage of a free, no-obligation sample report — https://www.expertmarketresearch.com/reports/australia-consulting-services-market/requestsample

Australia Consulting Services Market Segmentation

The market can be divided based on service type, end user and region.

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
Western Australia
Australian Capital Territory
Others

Competitive Landscape

Some of the major players explored in the report by Expert Market Research are as follows:

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

Challenges and Opportunities

Despite its growth potential, the Australia consulting services market faces several challenges. Pricing pressure and budget constraints, especially among SMEs and government agencies, can limit project scopes and timelines. Additionally, rising competition from freelance consultants and offshore firms poses a threat to traditional consulting models, especially for commoditised services.

Client expectations for quick, measurable outcomes also present a challenge. Consultants must demonstrate clear ROI and adapt to agile methodologies, which require continuous iteration and client collaboration. Ensuring data privacy, managing change resistance, and navigating multi-stakeholder environments add further complexity to engagements.

However, these challenges are matched by significant opportunities. The growing demand for cybersecurity, cloud transformation, and digital resilience presents fertile ground for consulting firms. Likewise, the rise of purpose-driven business models and ESG priorities is creating long-term demand for strategic and operational advisory services.

Regional economic diversification, particularly in Western Australia, Queensland, and the Northern Territory, offers additional growth avenues. These areas are seeing increased investments in mining, renewable energy, and tourism, all of which require expert consulting support.

Australia Consulting Services Market Forecast

Looking ahead, the Australia consulting services market is expected to maintain a strong growth trajectory through the forecast period of 2025 to 2034. With a projected CAGR of 7.50%, the market is anticipated to nearly double in size, reaching approximately USD 18.76 billion by 2034.

This growth will be underpinned by the continued digital transformation of businesses, an expanding regulatory landscape, and the growing strategic importance of ESG. Organisations across sectors will increasingly seek consulting expertise to navigate challenges, seize new opportunities, and future-proof their operations.

Moreover, as consulting firms continue to innovate their service delivery models, integrate technology, and deepen client engagement, the consulting services industry in Australia is well-positioned to remain a critical pillar of economic and business development in the decade ahead.

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