Consulting

The global cybersecurity consulting market is expected to reach **$119.1 billion** by **2034**, largely due to increasing regulatory requirements and evolving cyber threats. Federal agencies like **CISA**, **DHS**, and **NIST** will likely intensify procurement of compliance and risk management consulting services, opening significant avenues for leading contractors in the field.

The Government of Canada is implementing a $450 million cut in external consultant spending starting next fiscal year. This move aims to bolster internal capacities and redirect resources toward core defense priorities, which suggests that procurement professionals will need to adapt to stricter budgets and altered vendor management dynamics.