Australia Consulting Services Market Size, Share and Report | 2034

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 increasing demand for strategic advisory, digital transformation guidance, and operational consulting across both private and public sectors, the market is projected to grow at a CAGR of 7.50% between 2025 and 2034 to reach a value of USD 18.76 billion by 2034.

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Consulting services have become an essential part of Australia's business environment. Organizations are increasingly seeking third-party expertise to solve complex problems, navigate digital transitions, develop human capital, and comply with evolving regulatory frameworks. As businesses expand and respond to rapidly shifting market dynamics, the role of consulting services in decision-making and strategic implementation has become more prominent.

Australia Consulting Services Market Size

The Australia consulting services market has experienced steady growth in recent years, underpinned by rising investments in business improvement initiatives, policy advisory requirements, and technology integration efforts. By 2024, the market size reached USD 9.10 billion, reflecting Australia's growing appetite for professional guidance across corporate, governmental, and nonprofit segments.

With an increasing number of Australian enterprises-ranging from small businesses to multinational corporations-embracing organizational restructuring, data-driven management, and ESG (environmental, social, governance) principles, the demand for tailored consulting services is expected to climb steadily over the forecast period.

Australia Consulting Services Market Share

The market is dominated by global players such as Deloitte, KPMG, PwC, and McKinsey & Company, all of which maintain a strong presence in Australia. These firms account for a significant share of the market, providing end-to-end consulting solutions that span strategy, operations, finance, technology, and human capital.

In addition to global firms, Australia's consulting landscape is enriched by a robust network of mid-sized firms and niche players that specialize in specific sectors such as energy, education, legal compliance, and digital marketing. These firms are known for offering bespoke solutions with greater agility and localized expertise, contributing to a competitive and diversified market structure.

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Australia Consulting Services Market Trends

One of the most prominent trends in the Australia consulting services market is the accelerating demand for digital transformation consulting. As companies across the country work to modernize their IT infrastructure, integrate cloud technologies, enhance cybersecurity, and deploy automation tools, consultants are playing a vital role in shaping digital strategies and managing change.

The surge in demand for ESG consulting is another notable trend. With increased scrutiny on sustainability practices from investors, regulators, and consumers, Australian businesses are seeking expert advice to develop ESG frameworks, measure impact, and report compliance. This trend is particularly significant in industries like mining, construction, and energy, which face high environmental risks.

Furthermore, remote consulting and hybrid delivery models are reshaping the way firms engage with clients. With the widespread adoption of virtual collaboration platforms, consulting firms are now able to serve clients more efficiently, reducing project timelines and expanding access to regional and rural markets.

Drivers of Growth

Several key factors are driving the growth of the Australia consulting services market. Firstly, increasing complexity in the regulatory and economic environment has led businesses to turn to consultants for risk management, compliance solutions, and strategic foresight. Whether navigating tax reforms, trade policy changes, or labor regulations, organizations rely on consultants for timely, accurate, and strategic guidance.

Secondly, the rising emphasis on innovation and competitiveness is pushing Australian firms to adopt agile methodologies, restructure operations, and invest in technology-all of which require strategic input from consultants. Government-backed initiatives, such as the digital economy strategy and climate action plans, are further driving demand for expert support in implementation and monitoring.

Thirdly, the expansion of Australia's service sector, particularly in finance, education, and healthcare, is fueling the need for specialized consulting services in IT implementation, talent management, and operational efficiency.

Additionally, the rise of entrepreneurial ventures and start-ups in sectors such as fintech, edtech, and healthtech is creating new opportunities for boutique consulting firms to offer scalable, tailored solutions to emerging businesses.

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
IBM Australia Limited
Capgemini Australia Pty Limited
Others

Challenges and Opportunities

The Australia consulting services market, while poised for growth, is not without challenges. Talent acquisition and retention remain significant hurdles, particularly as the industry demands highly skilled professionals with expertise in areas such as AI, cybersecurity, and data analytics. Intense workloads, coupled with a shortage of niche consultants, can strain project delivery and client satisfaction.

Economic uncertainties and budgetary constraints-particularly in the public sector-may also impact consulting spend in certain segments. Additionally, the commoditization of some consulting services could exert downward pressure on pricing, making it essential for firms to focus on value-added offerings and measurable outcomes.

Nevertheless, these challenges present avenues for growth. The increasing adoption of digital tools and platforms opens new markets and delivery models. Demand for consulting in green energy, decarbonization, and circular economy practices is expected to rise substantially in the coming years.

Moreover, Australia's proximity to fast-growing Asian markets presents export opportunities for consulting firms, especially in cross-border business expansion, market entry strategies, and international policy advisory.

Australia Consulting Services Market Forecast

The Australia consulting services market is set for robust expansion over the next decade, with a projected CAGR of 7.50% between 2025 and 2034. By 2034, the market is expected to reach USD 18.76 billion, driven by a sustained need for innovation, efficiency, and strategic agility across all sectors of the economy.

Future growth will be underpinned by investments in digital capability, sustainability, and inclusive development. Firms that proactively embrace change, invest in talent, and offer data-driven, industry-specific solutions will emerge as leaders in an increasingly complex consulting landscape.

The Australia consulting services market is evolving into a dynamic, tech-driven, and client-centric industry. As organizations navigate disruption and transformation, the demand for strategic and operational guidance will remain strong.

Consulting firms that combine traditional advisory strengths with digital innovation, sustainability expertise, and flexible service models are best positioned to thrive. With a supportive regulatory environment, growing corporate and government engagement, and a rising need for expert insight, Australia offers a fertile ground for consulting services to grow sustainably and impactfully through 2034.

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