In recent years, the market scale of China's consulting industry has greatly increased, from 65,438+00.8 trillion dollars in 2065,438+06 to 265,438+0.3 trillion dollars in 2020, with a compound annual growth rate of 65,438+08.5%. The sustained growth of China's capital market is expected to promote the further development of China's consulting industry. It is estimated that the compound annual growth rate from 2020 to 2025 will be 16.6%, and it will reach $28.9 trillion in 2022.
Source: Prepared by yost Sullivan and China Institute of Commercial Industry.
Among the three types of consulting services, information consulting has the highest growth rate in China market. As more and more companies focus on using information and insight to improve decision-making ability and assist business development, data show that in 2020, the information consulting market will reach 3.2 trillion US dollars, the management consulting market will reach 7 trillion US dollars, and the executive consulting market will reach 1 1. 1 trillion US dollars. It is expected that the growth trend of information consultation will continue, and its market scale will reach 5 trillion US dollars in 2022.
Source: Prepared by yost Sullivan and China Institute of Commercial Industry.
In the information consulting service category, the fastest-growing sub-category in recent years is the industry expert knowledge information service market. Industry expert knowledge information service providers use their expert networks to provide information and opinions to customers through consulting, research and conference services. The rapid growth of industry expert knowledge information service market in China is mainly due to the increasing demand of customers for industry expert opinions that can promote their business exhibitions. It is estimated that in 2022, the market scale of industry expert knowledge information service will reach $46,500.