The Global Management Consulting Market Report by The Business Research Company covers management consulting market drivers and restraints, management consulting market size, major players, and the impact of COVID-19 on the management consulting market.
The management consulting (MC) market consists of the sales of MC services and related goods by entities (organizations, sole traders and partnerships) that provide a range of services providing advice and assistance on organizational planning, financial budgeting, marketing strategies, human resource practices, administration policies and production and logistics scheduling. Such services include solutions for administrative management issues, strategic and organizational planning, business process improvement, human resource and personnel policies, developing marketing planning and strategy, productivity improvement, quality assurance and quality control.
The global management consulting market is expected to grow from $977.3 billion in 2018 to nearly $1,460.2 billion by 2022 at a rate of 10.6%.
Integration of analytics, cloud, media and social media with business models is expected to drive the management consulting market during the forecast period. Digital consulting services is the fastest growing segment within the consulting industry and is forecasted to increase by more than 60% from 2015 to 2020. This will increase the market for cyber security, IT transformation and social media marketing, and boost the digital consulting services market in the forecast period.
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Some management consulting market trends include digitalization. Investor expectations, rising competition, new regulatory pressures and increasing opportunities are putting organizations under pressure to digitalize their processes and management. Moreover, rapid technology change, increased pressure to reduce costs, and increased use of smartphones are introducing the concept of virtual firms to market players in the management consulting industry.
Global management consulting market segments include:
1) By Service Type: Operations Advisory, HR Advisory, Strategy, Financial Advisory, Technology Advisory
2) By End Use Industry: Financial Services, IT Services, Manufacturing, Construction, Mining And Oil & Gas, Others, Other Services
3) 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 Management Consulting Opportunities And Strategies: Forecast To 2022 is one of a series of new reports from The Business Research Company that provides management consulting market overviews, analyzes and forecasts market size, share, management consulting market players, management consulting market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The management consulting identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Management Consulting Opportunities And Strategies: Forecast To 2022 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: Deloitte Touche Tohmatsu Limited, Accenture Plc, International Business Machines Corporation, Ernst & Young Global Limited, PricewaterhouseCoopers (PwC)
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 Management Consulting 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 Management Consulting Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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