(Released December 2014)

Geographic Consulting Market Outlook 2014:

Latin America
Research Summary
Key Findings

GEOGRAPHICCONSULTING
CONSULTING
GEOGRAPHIC
MARKET
OUTLOOK RESEARCH
RESEARCH
MARKET
OUTLOOK

Market Trends
Global Consulting Market

QuarterlyAnalysis
Analysis
Overall
Global
Consulting
Market
Quarterly
of of
thethe
Overall
Global
Consulting
Market

Global
Consulting
Market
Size,
Growth
Rate
and
3
Year
Global Consulting Market Size, Growth Rate and 3 Year
Forecastby
byGeographic
GeographicRegion
Region
Forecast
GlobalConsulting
ConsultingMarket
MarketShare
Sharebyby
Service
Line
Global
Service
Line

Latin America Consulting Market by Segment

Latin America Consulting Market by Service Line
Latin America Consulting Market by Industry
Provider Rankings
Methodology
Definitions

Regional Focus:
Regional
Focus:
NORTH AMERICA
NORTH
Including:
Including:
Canada
Canada
U.S.
U.S.

Regional Focus:
Focus:
Regional
EMEA
EMEA

Including:
Including:
EMEA
U.K.
& Ireland
Benelux,
Scandinavia & Germany
U.K. & Ireland
France
& Southern
Europe
Benelux,
Scandinavia
& Germany
Central
Europe
France&&Eastern
Southern
Europe
Middle East & Africa
Central & Eastern Europe
Middle East & Africa

RegionalFocus:
Focus:
Regional
ASIA
PACIFIC
ASIA PACIFIC

Including:
Including:
Japan
& Koreas
Japan
& Koreas
Greater
China
& Mongolia
Greater
China
& Mongolia
Southern
Asia,
Southern
Asia,
Micronesia
& Melanesia
Micronesia
& Melanesia
Australia & Polynesia

RegionalFocus:
Focus:
Regional
LATINAMERICA
AMERICA
LATIN

Including:
Including:
Mexico
& Central
America
Mexico
& Central
America
Guianas
& Caribbean
Brazil
Guianas
& Caribbean
Brazil
Andean
Andean
Southern Cone
Southern Cone

Australia & Polynesia

Market
Growth
and Forecast
by Region
Market
Size,Size,
Growth
and Forecast
by Region

By
Service
Lines*
By Service Lines*
By Client
Industries**
By Client
Industries**
20 Providers
by Revenue,
Growth
and Market
TopTop
20 Providers
by Revenue,
Growth
and Market
Share Share
by Service
TopTop
5 by5Service
Line Line
*Service Lines

**Client Industries

Human Resources Consulting

Information Technology Consulting
Financial Consulting
Strategy & Operations Consulting

Aerospace and Defense

Communications and Media
Financial Services
Healthcare

Manufacturing
Natural Resources and Power
Public Sector
Transport and Logistics

Wholesale and Retail

Other

For details, please contact your Kennedy Consulting Research & Advisory Client Service Leader at 855.808.4550 or e-mail consultingresearch@alm.com.
Copyright 2015. ALM Media Properties, LLC. All rights reserved.

Geographic Consulting Market Outlook 2014:

Latin America
Table of Figures
Figure 1. Global Consulting Market Share by Geographic
Region, 2014

Figure 13. Latin America S&O Consulting Market Size and

Growth, 2013-2017

Figure 27. Latin America Public Sector Consulting Market Size

and Growth, 2013-2017

Figure 2. Global Consulting Market Growth by Geographic

Region, 2013-2017

Figure 14. Latin America HR Consulting Market Size and

Growth, 2013-2017

Figure 28. Latin America Public Sector Consulting Trends

Figure 3. Latin America Consulting Market Size & Growth

Forecast, 2013-2017

Figure 15. Latin America Financial Consulting Market Size and

Growth, 2013-2017

Figure 4. Latin America Consulting Market Share by Segment,

2014

Figure 16. Latin America IT Consulting Market Size and

Growth, 2013-2017

Figure 5. Latin America Consulting Market Growth by Region,

2013-2017

Figure 17. Latin America Consulting Market Share by Industry,

2014

Figure 6. Mexico Consulting Market Size and Growth

Forecast, 2013-2017

Figure 18. Latin America Consulting Spending CAGR by

Industry, 2013-2017

Figure 7. Caribbean Basin Consulting Market Size and

Growth Forecast, 2013-2017

Figure 19. Latin America Financial Services Consulting Market

Size and Growth, 2013-2017

Figure 8. Brazil Consulting Market Size and Growth Forecast,

2013-2017

Figure 20. Latin America Financial Services Consulting Trends

Figure II. Definition of Consulting

Figure 21. Latin America Healthcare Consulting Market Size

and Growth, 2013-2017

Figure III. Definition of Strategy & Operations Consulting

Figure 9. Andean Countries Consulting Market Size and

Growth Forecast, 2013-2017

Figure 22. Latin America Healthcare Consulting Trends

Figure 29. Latin America Largest Consulting Providers by

Revenue, 2013
Figure 30. Latin America Largest Strategy & Operations
Consulting Providers by Revenue, 2013
Figure 31. Latin America Largest HR Consulting Providers by
Revenue, 2013
Figure 32. Latin America Largest Financial Consulting
Providers by Revenue, 2013
Figure 33. Latin America Largest IT Consulting Providers by
Revenue, 2013
Figure I. Data Types

Figure IV. Definition of Human Resources Consulting

Figure V. Definition of Financial Consulting

Figure 10. Southern Cone Consulting Market Size and Growth

Forecast, 2013-2017

Figure 23. Latin America Manufacturing Consulting Market

Size and Growth, 2013-2017

Figure 11. Latin America Consulting Market Share by Service

Line, 2014

Figure 24. Latin America Manufacturing Consulting Trends

Figure VII. Geographic Coverage

Figure 25. Latin America National Resources & Power

Consulting Market Size and Growth, 2013-2017

Figure VIII. Latin America Consulting Market

Figure 12. Latin America Consulting Market Growth by

Service Line, 2013-2017

Figure VI. Definition of Information Technology Consulting

Figure 26. Latin America National Resources & Power

Consulting Trends

For details, please contact your Kennedy Consulting Research & Advisory Client Service Leader at 855.808.4550 or e-mail consultingresearch@alm.com.
Copyright 2015. ALM Media Properties, LLC. All rights reserved.

Geographic Consulting Market Outlook 2014:

Latin America
Provider Rankings
KENNEDY CONSULTING RESEARCH & ADVISORY ranks the 20 largest Latin America consulting providers
by revenue. The10 largest Latin America consulting providers across each of the the major service lines: financial
consulting, human resources consulting, information technology consulting and strategy & operations consulting are
also ranked by revenue (2013).
20 largest Latin America consulting providers
featured in this research:

10 largest Latin America consulting providers by service line:

S&O Consulting

HR Consulting

Financial Consulting

IT Consulting

Accenture

Hay Group

Bain & Company

Accenture

Alvarez & Marsal

Accenture

Atos

IBM

The Boston Consulting Group

Aon Hewitt

Baker Tilly

Atos

Bain & Company

KPMG

Booz & Company

Deloitte

Deloitte

Capgemini

The Boston Consulting Group Mercer

Deloitte

EY

EY

CGI

Booz & Company

McKinsey & Company

EY

IBM

FTI Consulting

CSC

Capgemini

Oliver Wyman Group

IBM

Hay Group

Grant Thornton

Deloitte

CGI

PwC

McKinsey & Company

McKinsey & Company

Hay Group

EY

Deloitte

Roland Berger

Oliver Wyman Group

Mercer

McKinsey & Company

IBM

EY

Tata Consultancy Services

PwC

PwC

Praxity

PwC

FTI Consulting

Towers Watson

Roland Berger

Towers Watson

PwC

Tata Consultancy Services

For details, please contact your Kennedy Consulting Research & Advisory Client Service Leader at 855.808.4550 or e-mail consultingresearch@alm.com.
Copyright 2015. ALM Media Properties, LLC. All rights reserved.

Geographic Consulting Market Outlook 2014:

Latin America
Methodology

Overview
Kennedy Consulting Research & Advisory has been
researching the management, financial and IT consulting
industry for over 40 years, studying the global consulting
marketplace at multiple levels. The resulting market
analyses help buyers of consulting services to effectively
target best-in-class providers, and help consulting
providers to identify and evaluate business opportunities.

Data Types and Forecasting

Kennedy Consulting Research & Advisorys Competency
and Index reports represents specific segments derived
from proprietary market-size data.

The research is conducted around three primary

dimensions:

The client spending datasets include data on all

consulting segments, as well as cross-tabulations of
consulting spending by consulting segment, industry, and
country/region. Based on this segmentation, the primary
forecasting datasets contain three million data points,
with historical data from 2008 to 2013 and forecasts
through 2020. The full dataset includes data beginning in
1970.

Consulting Service Lines

Client Vertical Industries
Global Geographic Regions
The proprietary research methodology comprises four
components:
Extensive interviews with consulting practice leaders,
financial analysts, consulting clients, and client-side
industry experts
Data and background material from the proprietary
library of research on the consulting industry and
individual firms
Quantitative data collection from primary and
secondary sources

Data Types

Consulting client spending estimates and provider data

are continually validated and refreshed by the analysts,
who provide information specific to their domain
expertise.

Source: Kennedy Consulting Research & Advisory

Note on Quarterly Growth Rates

Quarterly growth rate statistics are expressed
differently throughout the world. Quarterly change is
expressed in annualized terms in the US (and in this
report specifically), but in absolute, non-annualized
terms in Europe. In China, it is expressed by comparing
the data with the same quarter of the previous year.

Key economic data relevant to the sector(s) being

analyzed
For details, please contact your Kennedy Consulting Research & Advisory Client Service Leader at 855.808.4550 or e-mail consultingresearch@alm.com.
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Geographic Consulting Market Outlook 2014:

Latin America
Definitions

Strategy & Operations Consulting

Strategy & Operations consulting services are aimed at
improving the growth prospects and existing value chain
of a client. To that end, S&O projects focus on capability
creation, management system enhancement, business
process improvement, and change implementation.
Kennedy Consulting Research & Advisory splits
S&O consulting into two categories: corporate
development and corporate functions. Corporate
development consists of enterprise strategy; organization
& operating model strategy; finance; and mergers &
acquisitions. Corporate functions consists of supply chain;
sourcing & procurement; customer; and research &
development.

Definition of S&O Consulting

CEO &
COO
Services

Organization
& Operating
Model Strategy

Finance

CFO
Services

Enterprise
Strategy

S&O
Consulting

Mergers &
Acquisitions

Supply Chain

CPO &
CSCO
Services

Sourcing &
Procurement

Customer
Research &
Development
CMO &
R&D
Services

Definition of Human Resources Consulting

HR Consulting
HR consulting services are aimed at helping a client
company manage its human capital and HR function.
These services range from tactical guidance on HR
policies and practices to overarching work on human
capital strategy. HR consulting services are segmented
into three core service areas: human capital
management, HR benefits, and HR technology &
transformation (HRT&T).
The HR benefits segment consists of three subsegments:
retirement, investment, and health & group benefits.
Human capital management consists of three
subsegments: human capital strategy, organizational
change, and talent management.
HR technology & transformation is further divided into
four subsegments: HR delivery strategy, HR process
transformation, HR software selection, and HR sourcing
advisory.
Not included in the HR consulting service definitions
above are non-consulting HR services such as HR
outsourcing.

Source: Kennedy Consulting Research & Advisory

For details, please contact your Kennedy Consulting Research & Advisory Client Service Leader at 855.808.4550 or e-mail consultingresearch@alm.com.
Copyright 2015. ALM Media Properties, LLC. All rights reserved.

Geographic Consulting Market Outlook 2014:

Latin America
Definitions

Financial Consulting
Financial consulting applies financial, accounting,
and economic competency sets to improve related
internal company processes. Services provide a solid
technical, financial and economic base of justification
for business decisions. Financial consulting services
are segmented into six core service areas: crisis &
recovery, transaction advisory services, financial
risk & controls, forensics & dispute, reporting &
accounting, and tax.
The deals area of financial consulting is made up
of transaction advisory services and crisis & recovery
services.

Information Technology Consulting

Definition of Financial Consulting

Tax &
Accounting

Deals
Tax
Reporting
& Accounting

Transaction
Advisory
Services
Crisis &
Recovery

Financial
Consulting
Forensics &
Dispute

IT strategy consists of two subsegments: business

performance and IT management.

Financial Risk
& Controls

IT GRC & security consists of two subsegments: IT

governance, risk, and compliance; and IT security.

The financial risks & controls area consists of financial risk

advisory and controls advisory.
The forensics & dispute area is divided between dispute
analysis & advisory, and forensic & investigative services.

Definition of Information Technology Consulting

The tax & accounting area comprises the reporting &

accounting, and tax segments.
Not included in the financial consulting services
definition above are non-consulting financial services
such as financial audit, financial outsourcing, and tax
compliance.

IT consulting services are designed to enhance client

productivity and/or business performance through
the utilization of enabling technologies for strategic
and operational decision-support, business process
automation, digital risk management and IT enterprise
& network security. IT consulting services are segmented
into three core service areas: IT strategy, IT GRC &
security, and IT architecture.

IT architecture consists of two subsegments: enterprise

architecture, and systems architecture.
Not included in the IT consulting service definitions above
are the non-consulting services IT downstream and IT
outsourcing. IT downstream services include systems
integration and software implementation. IT outsourcing
services include managed services and networking
services.

Source: Kennedy Consulting Research & Advisory

For details, please contact your Kennedy Consulting Research & Advisory Client Service Leader at 855.808.4550 or e-mail consultingresearch@alm.com.
Copyright 2015. ALM Media Properties, LLC. All rights reserved.

Geographic Consulting Market Outlook 2014:

Latin America
Definitions

Latin America Region

The Latin America consulting market comprises five
subregions: Mexico, Caribbean Basin, Brazil, Andean
countries, and Southern Cone.
Mexico
The Mexico consulting market is limited to that country.
Caribbean Basin
The Caribbean Basin consulting market is a combination
of countries located in Central America, the Caribbean
and Guiana, named after the Caribbean Basin most
of these countries are located in. What these three
regional segments share are their relative small economic
footprint, small landmass, and a large outsider influence
because of either having high economic/currency ties
with larger countries, being a direct territory of the US,
the UK, the Netherlands or France, or having a large
foreign population.
The Central America region segment includes the
countries Belize, Costa Rica, Guatemala, Honduras,
Nicaragua, Panama, and the Dominican Republic.
The Caribbean region segment consists of the
countries Antigua and Barbuda, Bahamas, Barbados,
Cuba, Dominica, Grenadines, Grenada, Haiti,
Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint
Vincent and Trinidad and Tobago, as well as the US
commonwealths and territories of Puerto Rico and the
US Virgin Islands, and the British territories of Anguilla,

British Virgin Islands, Cayman Islands, Montserrat,

and Turks and Caicos Islands, and the French
territories of the French Antilles, and Saint Martin, and
the Dutch territories of Aruba, Curaao, Caribbean
Netherlands, and Saint Maarten.
The Guianas are a combination of the independent
countries Guyana (British Guiana) and Suriname
(Dutch Guiana), as well as the French territory of
French Guiana. Venezuela, sometimes referred to as
the Spanish Guiana, is not included in our Guiana
definition.
Brazil

brought together by close European ties, high economic

development, and a developed consulting market. The
only exception is Paraguay, which is included in this
consulting region due to its closer ties to the Southern
Cone than the Andean countries.
Latin America Consulting Market

The Brazil consulting market is limited to that country.

Andean Countries
The Andean countries are Colombia, Venezuela,
Ecuador, Peru, and Bolivia. The economy and population
of these countries are considerably larger than that of
the countries in the Caribbean basin. And these countries
share a similar cultural heritage, economic development
level, and a nascent consulting market.
Southern Cone
The Southern Cone is a term used for the countries of
Argentina, Chile, Paraguay and Uruguay, as well as
the British territories of Falkland Islands, and South
Georgia and South Sandwich Islands. This subregion is

Source: Kennedy Consulting Research & Advisory

For details, please contact your Kennedy Consulting Research & Advisory Client Service Leader at 855.808.4550 or e-mail consultingresearch@alm.com.
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Market analysis to support consulting decision-makers.

Trusted market sizing and forecasts on consulting services world-wide, with timely and insightful intelligence on the
top consulting firms plus needs-analysis and vendor profiles for buyers of consulting services.

Our exclusive research is organized

as follows:
By Service Line

Human Resources Consulting

Consulting Market Research

Consulting Capabilities and Trends Analysis Reports
Competency-based research examines provider capabilities at
the engagement level to inform buyers of consulting services of
the strengths and limitations of specific providers. The research
contains:
Emerging market trends and drivers
Market forecasts and segmentation by geographic region and
industries

Information Technology Consulting

Market Outlook Reports
Market index research for consulting service providers deliver data
and market intelligence with a quantitative overview of:

Strategy & Operations Consulting

Market sizing and segmentation

By Client Industry

Revenue rankings by service lines

Financial Services

Revenue rankings by geographic regions

Healthcare
Public Sector

Qualitative assessments of providers

By Geographic Region

Ranking of providers by revenue and market share

Detailed profiles of the leading consultancies

Financial Consulting

North America

www.KennedyConsultingResearch.com

Europe, Middle East and Africa (EMEA)

Latin America

Consulting Firm Operating Metrics

Advisory Services

Latin America (APAC)

Offers critical decision-making tools for assessing and

managing consultings determinants of revenue, profitablity,
cost, and overall operational performance.

Providing strategic support to buyers and sellers of

management consulting and IT services in the following
areas:

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www.KennedyConsultingResearch.com

Custom Market Sizing

Growth Planning
M&A Appraisal
Procurement Analysis
Custom Capability Assessments
www.KennedyConsultingResearch.com

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