Global Strategy Consulting Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

Key Trends in the Market

Strategy consulting refers to a form of management consulting, where the consultants advice businesses operating in a wide range of sector on decisions that can influence their operations and profitability. The consultants use their analytical skills and industry knowledge to provide evidence and objective based recommendations.

• The increasing presence of new businesses across the globe is aiding the strategy consulting market growth as they are boosting the requirement for transformative business models. The rising digitalisation across different industry verticals is further propelling the market growth for overcoming various cyber security challenges.

• The growing awareness about the various advantages associated with the adoption of strategy consulting services is supporting the market expansion. Strategy consulting provides clear and unbiased perspectives by contributing to creative and novel ideas.

• The rising adoption of digital approaches for development of intuitive business solutions is providing lucrative growth opportunities to the market. In order to ensure the provision of a cohesive brand experience and gain competitive edge, businesses are increasingly investing in strategy consulting services.

Global Strategy Consulting Market Analysis

On the basis of service, the market is divided into corporate strategy, business model transformation, economic policy, mergers and acquisitions, organisational strategy, functional strategy, strategy and operations, and digital strategy, among others. Based on organisation size, the market is bifurcated into small and medium enterprises and large enterprises.

On the basis of end use, the market is classified into IT and telecommunication, BFSI, energy and utilities, healthcare and pharmaceuticals, construction & manufacturing, government, and retail and e-commerce, among others. Based on region, the strategy consulting market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• KPMG International Limited 

• Deloitte Touche Tohmatsu Limited 

• Accenture PLC 

• McKinsey & Company 

• Boston Consulting Group, Inc. 

• Bain & Company, Inc. 

• PricewaterhouseCoopers International Limited 

• Ernst & Young Global Limited 

• Toptal, LLC 

• Oliver Wyman, LLC 

• Others

Strategy Consulting Market Share by End Use

IT and telecommunication are anticipated to account for a significant strategy consulting market share. This growth can be attributed to the increasing emphasis on organisational management, convergence of fixed and mobile services, and increasing customer competition. The strategy consulting services allow telecommunication and IT companies to gain competitive advantage by focusing on their greatest strengths with the help of scenario analysis and strategic planning, among others.

Strategy Consulting Industry Share by Region

The Asia Pacific is witnessing significant growth owing to rapid technological advancements and economic growth in the region. The rapid industrialisation and digitalisation in the region are further boosting the strategy consulting market demand. Rising adoption of automation by the manufacturing sector is bolstering the emphasis on technology consulting in the Asia Pacific. The increasing provision of specialised management consulting services across various domains including BFSI, telecommunication, pharmaceutical and healthcare, and manufacturing, among others is further supporting the market growth.

Competitive Landscape

KPMG International Limited, co-headquartered in London, England and Amstelveen, Netherlands is a multinational professional service providing company that was founded in 1987. The company provides services across various sectors including financial, legal, and consulting, among others.

Deloitte Touche Tohmatsu Limited, headquartered in United Kingdom, England is known for providing business consulting and services. Deloitte specialises in providing legal, financial advisory, tax, audit, consulting, and risk advisory services, among others.

Accenture PLC, headquartered in Dublin, Ireland, is one of the leading business consulting and services providing company that specialises in business process outsourcing, infrastructure and application outsourcing, and system integration and technology, among others.

Other strategy consulting market key players include McKinsey & Company, Boston Consulting Group, Inc., Bain & Company, Inc., PricewaterhouseCoopers International Limited, Ernst & Young Global Limited, Toptal, LLC, and Oliver Wyman, LLC, among others.

Key Highlights of the Report

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