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Report Overview
The global strategy consulting market size reached approximately USD 45.80 billion in 2023. The market is further projected to grow at a CAGR of 8.1% between 2024 and 2032, reaching a value of USD 94.90 billion by 2032
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Strategy Consulting Market Size
The global strategy consulting market reached approximately USD 45.80 billion in 2023. The market is further projected to grow at a CAGR of 8.1% between 2024 and 2032, reaching a value of USD 94.90 billion by 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.
Strategy Consulting Market Report Snapshots
Strategy Consulting Market Size
Strategy Consulting Market Analysis
Strategy Consulting Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of approximately USD 45.80 billion in 2023.
The market is projected to grow at a CAGR of 8.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 94.90 billion by 2032.
The major market drivers include increasing requirement for transformative business models and growing awareness about the various advantages associated with the adoption of strategy consulting services.
The key trends fuelling the growth of the market include rising adoption of digital approaches for development of intuitive business solutions and rapid industrialisation and digitalisation.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses of strategy consulting include IT and telecommunication, BFSI, energy and utilities, healthcare and pharmaceuticals, manufacturing, government, and retail and e-commerce, among others.
The key players in the market are 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, and Oliver Wyman, LLC, among others.
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