The GCC Consulting Market
The GCC consulting market performed well in 2015, growing 9.4% to reach a total value of $2.7bn. Much is owed to Saudi Arabia, the region's largest consulting market, which managed double digit growth in 2015. Like last year, the impact of low oil prices is felt especially keenly here and is hastening an already urgent programme of reform and diversification. The region's other major consulting market - the UAE - experienced much lower levels of growth, creating an uncomfortable situation for consultants. Consultants right across the region talk about the changing behaviour of nervous clients, pressure on prices, a growing focus on value, and a shift away from growth and towards efficiency.
In this report we provide data on the GCC market broken down by country, and reveal market sizes, growth figures, and forecasts for major client industries, consulting service lines, and firm types. And we discuss the most important trends that GCC consulting leaders need to be aware of as they attempt to grow their own businesses in 2016.