The Global Technology Advisory Market Report by The Business Research Company covers technology advisory market drivers and restraints, technology advisory market size, major players, and the impact of COVID-19 on the technology advisory market.
The technology advisory market consists of the sales of technology advisory services by entities (organizations, sole traders and partnerships) that provide advisory services to clients to identify, prioritize, design, and manage their investments in a range of advanced technologies. Technology advisory services provide consultancy on developing technology strategies, technology ideation and prototyping, design digital consulting services, and ways to enhance cybersecurity. Only goods and services traded between entities or sold to end consumers are included.
The increasing requirement for simplifying business operating models and IT investment monitoring is a major driver contributing to the growth of the technology advisory market.
The global technology advisory market is expected to grow from $129.52 billion in 2020 to $137.66 billion in 2021 at a compound annual growth rate (CAGR) of 6.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $164.97 billion in 2025 at a CAGR of 4.6%.
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Some technology advisory market trends include artificial Intelligence (AI). AI is an amalgamation of different technologies that enable the machine to sense, understand, and act. AI helps businesses in identifying and solving business problems and drive measurable business value. AI helps in designing hardware infrastructure – on-premise or cloud-based, ingestion, and analysis of big data, and to enable flexibility of computing resources.
Global technology advisory market segments include:
1) By Services: Application development, Cloud Services, Cybersecurity And Privacy, Data and Analytics, Technology Strategy And Enterprise Architecture, Others.
2) By End Use: Banking, Financial Services, Healthcare, IT & telecom, Government, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Technology Advisory Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides technology advisory market overviews, analyzes and forecasts market size, share, technology advisory market players, technology advisory market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The technology advisory market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Technology Advisory Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Fujitsu Ltd, HCL Technologies Limited, Infosys Limited, Dell Technologies Inc, KPMG, IBM Corporation, Tata Consultancy Services Limited, Ernst & Young (EY), McKinsey & Company, Oracle Consulting, The Boston Consulting Group, Bain & Company, Deloitte, Booz & Co, Accenture PLC.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Technology Advisory Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Technology Advisory Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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