Strategy Consulting Market Size, Share to Reach USD 89.17 billion by 2025, with a CAGR of 8.57% from 2019 to 2025
Published | 11 October 2019
According to BlueWeave
Consulting, The Global Strategy Consulting Market was worth USD 47.31 billion
in 2018 and is anticipated to garner USD 89.17 billion by 2025, with a CAGR of
8.57% from 2019 to 2025.
The rising need for
strategic planning in the extraordinarily competitive market ecosystem and
demand for developing business capabilities for meeting & exceeding the
evolving requirements. The development of new business models at a high pace
than traditional company's structure act coupled with rising competence across
business sectors will foster the global Strategy Consulting Market in the
forecast period.
Moreover, the primary factor
driving the market is digital and business model disruption across various
industries. Additionally, upsurge in risk and uncertainty, which are posing a
threat, will accelerate the growth of the Strategy Consulting market.
Furthermore, augmentation in demand for strategy consultants as a need for
operational efficiency, compliance with regulations, and technological
advancements will contribute to Strategy Consulting market growth during the
forecast period.
Also, the shifting of
business associations towards cloud-based services and IoT based solutions for
expanding their business productivity is expected to fuel the global Strategy
Consulting market over the future time frame.
Organizational
strategy services of the Strategy Consulting Market are projected to be the
leading segment of the overall market during the forecast period
On the basis of Services,
the Strategy Consulting market has been categorized into Corporate Strategy,
Business Model Transformation, Economic Policy, Mergers & Acquisitions,
Organizational Strategy, Functional Strategy, Strategy & Operations, and
Digital Strategy. The organizational strategy will lead the market owing to its
application for influence to, over time, deliver the strategy of the
enterprise. Economic Policy segment offers economic advisory services that
support governments and international institutions with policy setting.
IT
& Telecommunications is projected to lead the industry for utilizing the
application of Strategy Consulting during the forecast period
Based on the end-user
industry, the Strategy Consulting market has been categorized IT &
Telecommunication, Healthcare, BFSI, Retail, and Manufacturing. The
manufacturing segment will lead the market due to its applications for advising
on pricing, competitors' strategy, and market competitiveness. IT &
Telecommunication will trigger by analyzing business strategy for ensuring
business functions are well as run on high-level IT architecture work.
North
America accounts for the lion’s share of the global Strategy Consulting market
during the anticipated period.
Geographically, the Strategy
Consulting market has been segmented into North America, Europe, Asia Pacific,
Middle East & Africa, and Latin America. North America dominates the global
Strategy Consulting market over the forecast period due to the presence of
major end-user industries coupled with market competitiveness among them. The
Asia Pacific market will be the fastest-growing market in the account of the
developing infrastructure and the increasing number of industries.
Browse Detailed Analysis
with TOC, “Global Strategy Consulting
Market Size, By Services (Corporate Strategy, Business Model Transformation,
Economic Policy, Mergers & Acquisitions, Organizational Strategy,
Functional Strategy, Strategy & Operations, and Digital Strategy), by
End-User Industry (IT & Telecommunication, Healthcare, BFSI, Retail, and
Manufacturing) and By Region (North America, Europe, Asia Pacific, Middle East
& Africa and Latin America); Growth Potential, Trends Analysis, Competitive
Market Size and Forecast, 2015-2025”
At
Global
Strategy Consulting Market Competitive Landscape
Companies such as A.T.
Kearney, Inc., Accenture PLC, Deloitte, Bain & Company, Ernst & Young
Ltd., KPMG, McKinsey & Company, Mercer LLC, The Boston Consulting Group,
and PwC the key players in the global Strategy Consulting market. Our market analysis also entails a section
solely dedicated for such major players wherein our analysts provide an insight
into the financial statements of all the major players, along with its product
benchmarking and SWOT analysis. The competitive landscape section also includes
key development strategies, market share and market ranking analysis of the
players mentioned above concerning global market.
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