Learn about the global technology advisory market through The Business Research Company, which provides information on technology advisory market size, technology advisory market drivers and restraints, technology advisory market players, the COVID-19 impact on the technology advisory market, and more.

The global technology advisory market is expected to grow from $159.62 billion in 2021 to $170.48 billion in 2022 at a compound annual growth rate (CAGR) of 6.8%. The growth in the technology advisory market 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 technology advisory market is expected to reach $211.14 billion in 2026 at a CAGR of 5.5%.

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.

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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.

Global Technology Advisory Market Segments Include:
By Services: Application development, Cloud Services, Cybersecurity and Privacy, Data and Analytics, Technology Strategy and Enterprise Architecture, Others

By End Use: Banking, Financial Services, Healthcare, IT & telecom, Government, Others

By Enterprise Size: Large Enterprise, Small and Medium Enterprise

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Artificial Intelligence (AI) is a leading trend gaining traction in various business processes. 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.

TBRC’s technology advisory market report covers:

Major Market Players: Fujitsu Ltd, HCL Technologies Limited, Booz & Co, Infosys Limited, Dell Technologies Inc, KPMG, IBM Corporation, Tata Consultancy Services Limited, Ernst & Young (EY) and McKinsey & Company.

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)

The Technology Advisory Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides technology advisory market overviews, analyses and forecasts market size, share, technology advisory market players, technology advisory market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s 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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