When it comes to consulting services, size does not necessarily amount to prestige. In 2024, McKinsey & Company was rated as the most prestigious consulting firm in the United States with a rating of more than nine.
The Big Four
Of all the consultancy firms, the best known are the Big Four, who account for almost 40 percent of the global market. The Big Four consists of the firms Deloitte, PwC (Pricewaterhouse Coopers), EY (Ernst & Young) and KPMG. These multinational businesses primarily provide financial consulting services such as taxation, audit, and risk advisory. Together, the revenue that they generate from consulting services dominates the financial segment of this particular U.S. market.
A multi-faceted market
While the global consultancy firms may have a significant amount of turnover defined by audit and risk advisory, this service is only one segment of the global market. Management consulting services and the vast global revenue that it creates are broadly conceived of as including the operations, strategy, and human resources segments, and this has constituted towards more than half of the global market.
Leading consulting firms in the United States in 2024, by prestige rating
The source does not specify the type of survey or number of respondents.
For prestige ratings, respondents were only allowed to rate competitors. Respondents were asked to rate firms based on prestige on a scale of one to ten, with ten being the most prestigious.
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Vault. (October 31, 2024). Leading consulting firms in the United States in 2024, by prestige rating [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/190343/25-leading-us-consulting-firms-by-overall-prestige-2011/
Vault. "Leading consulting firms in the United States in 2024, by prestige rating." Chart. October 31, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/190343/25-leading-us-consulting-firms-by-overall-prestige-2011/
Vault. (2024). Leading consulting firms in the United States in 2024, by prestige rating. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/190343/25-leading-us-consulting-firms-by-overall-prestige-2011/
Vault. "Leading Consulting Firms in The United States in 2024, by Prestige Rating." Statista, Statista Inc., 31 Oct 2024, https://www.statista.com/statistics/190343/25-leading-us-consulting-firms-by-overall-prestige-2011/
Vault, Leading consulting firms in the United States in 2024, by prestige rating Statista, https://www.statista.com/statistics/190343/25-leading-us-consulting-firms-by-overall-prestige-2011/ (last visited December 22, 2024)
Leading consulting firms in the United States in 2024, by prestige rating [Graph], Vault, October 31, 2024. [Online]. Available: https://www.statista.com/statistics/190343/25-leading-us-consulting-firms-by-overall-prestige-2011/