The global consulting industry is expected to project a stagnant growth or rather a modest downfall during this coronavirus outbreak. However, the industry is expected to grow at a considerable CAGR in the near future, post the end of the pandemic situation. Consulting is a people-based business and travel-heavy industry; owing to which the industry is experiencing a tumble, as the coronavirus safety model doesn’t lend well with the consulting industry requirements. The consultants spend over 80% of their working lives by living away from home and dealing with overseas clients; and here, the imposing of the travel ban is limiting the traveling of consultants. This is considerably hampering the growth of the global consulting industry. However, the industry will gain a significant focus after the end of the outbreak, as the need for management and financial advisory consultancy will grow among enterprises across the globe.