In 2024, the growth of advanced tools like data analytics and generative AI (genAI) didn’t lower the need for consulting services—instead, it made them even more critical.

Businesses in different industries are turning to consultants to help them use these new technologies in their plans.

According to MordorIntelligence, the consulting service market is expected to be worth USD 354.01 billion in 2024 and grow to USD 447.72 billion by 2029, with a yearly growth rate of 4.81%.

If you’re considering starting an online consulting business, you should focus on high-demand and growing areas.

These include healthcare consulting, generative AI consulting, and environmental consulting.

Other good options are consulting on sustainability, company culture, inclusion, data analytics, no-code technology, and brand integration.