Management Consulting Services Market Forecast to 2023 by Key Players Deloitte Consulting, PwC, EY, KPMG, Accenture, IBM, McKinsey, Booz Allen Hamilton, The Boston Consulting Group, Bain & Company

Management consulting is the practice of helping organizations to improve their performance, operating primarily through the analysis of existing organizational problems and the development of plans for improvement. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants' specialized expertise.

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The USA revenue of Management Consulting Services market was valued at 60428 M USD in 2017 and is expected to reach USD 87001 M USD in 2025. In the future eight years, we predict the CAGR of global revenue is 4.65%.

North America has the largest global export and manufacturers in Management Consulting Services market, while the Europe is the second sales volume market for Management Consulting Services in 2017.

In the industry, Deloitte Consulting profits most in 2017 and recent years, while PwC and EY ranked 2 and 3.The market share of them is 10.31%, 9.97% and 9.69% in 2017.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are three mainly types of Management Consulting Services, including Operations Advisory, Strategy Advisory and HR Advisory. And Operations Advisory is the main type for Management Consulting Services, and the Operations Advisory reached a sales value of approximately 74808 M USD of in 2017, with 53.66% of USA sales value.

Management Consulting Services technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group
Over the next five years, LPI(LP Information) projects that Management Consulting Services will register a 4.7% CAGR in terms of revenue, reach US$ 183200 million by 2023, from US$ 139400 million in 2017.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Deloitte Consulting
PwC
EY
KPMG
Accenture
IBM
McKinsey
Booz Allen Hamilton
The Boston Consulting Group
Bain & Company

This report presents a comprehensive overview, market shares and growth opportunities of Management Consulting Services market by product type, application, key companies and key regions.

To calculate the market size, LP Information considers value generated from the sales of the following segments:

Segmentation by product type:
Operations Advisory
Strategy Advisory
Segmentation by application:
Less than $500m
$500-$1bn
$1bn-$5bn
$5bn+

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Management Consulting Services market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Management Consulting Services market by identifying its various subsegments.
Focuses on the key global Management Consulting Services players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Management Consulting Services with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Management Consulting Services submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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This release was published on openPR.