Press release
Strategy Consulting Market Outlook to 2025 - Leading Key Players Accenture, Deloitte, BCG, Bain & Company, KPMG, McKinsey & Company, Booz Allen Hamilton, CGI Group, PwC and CSC
The global strategy consulting market accounted to US$43.07 Billion in 2017 and is expected to grow at a CAGR of 9.9% during the forecast period 2018 - 2025, to account to US$91.38 Billion by 2025Since decades, the consulting industry has imparted knowledge to the organizations where it is impacted owing to fundamental economic changes happening in the economy. The consulting industry used to work on the time based billing model and execute projects for client. Also, large projects would be awarded to single firms and the entire consulting industry would be ruled a few leading competitors in the strategy consulting market. However, the scenario has started to change where a large project would be shared and collaborated between many consulting firms. Also, many new entrants with advanced technologies have been emerging in the industry and ensuring that only a few leaders do not rule the entire consulting industry.
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Risk and uncertainty are the constant factors for businesses today as threat from any corner can shake the entire industry setup and change the way in which businesses perform. Conventional and traditional business practices always face the risk factor from the disruptive technologies or new entrants in the strategy consulting market. In such a dynamic and ever changing scenario, strategy consulting by businesses plays a highly critical role to survive in the market. A consulting business has the exposure to differing combinations of business circumstances coupled with work experience of working with different companies that results in the accumulation of knowledge of various fields. It is this knowledge that is imparted by the consulting industry to its clients in the strategy formulation.
The global strategy consulting market has been segmented on the basis of services and industry vertical. There is a myriad of services present to be catered by the consulting services players. For the strategy consulting market, some of the widely used services have been broadly segmented into business model transformation, corporate strategy, economic policy, organizational strategy, mergers & acquisitions, functional strategy, strategy & operations, and digital strategy. Further, the strategy consulting market has been segmented on the basis of industry verticals into IT & telecommunication, healthcare, BFSI, retail, manufacturing, and others. The analysis for market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM) is also provided in the strategy consulting market report.
The Prominent/Emerging Players in the Strategy Consulting Market Research include:
• Accenture PLC
• Deloitte
• Boston Consulting Group (BCG)
• Bain & Company
• KPMG
• McKinsey & Company
• Booz Allen Hamilton Inc.
• CGI Group Inc.
• PwC.
• CSC
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Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Strategy Consulting Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Strategy Consulting Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Chemical, Food & Beverages, Automotive and Defense.
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