Press release
Management Consulting Services Market projected to reach USD 416.40 Billion by 2032,Size, Development Data, Growth Analysis & Forecast 2022 to 2028 -Canon Information and Imaging Solutions, Advance Technology Group, Skaled, Satrix Solutions, Aarialife Tec
Management Consulting Services Market size was valued at USD 210.45 Billion in 2021 and is projected to reach USD 416.40 Billion by 2032, growing at a CAGR of 11,3% from 2021 to 2032.The Global Management Consulting Services Market is driven by the factors such as effortlessly reducing operational and servicing costs, optimizing operations, suggesting consistent technology to your company, creating a strategy with attainable objectives. The Global Management Consulting Services Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Leading players of Management Consulting Services including:
Canon Information and Imaging Solutions, Advance Technology Group, Skaled, Satrix Solutions, Aarialife Technologies, KPMG International, NBRI, McKinsey & Company, Alphabridge, Gerson Lehrman Group, Franklin Covey, Bain & Company, Clozer Technologies, ForwardPMX, Center for Creative Leadership, Park Square Executive Search, Vantis Consulting Group, Boston Consulting Group
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Key Market Trends
Strategic Business Operation is Gaining Traction Due to Emergence of Consulting Services
The service includes providing advice on strategy concepts such as business strategy & operational techniques, within proper time management, depending upon the needs of the company.
Industry professionals are trying to figure out the best way to respond to emerging trends such as AI, analytics, cybersecurity, and digital transformation.
Collaboration across the cross-domain platforms has been a practical move in various enterprises. Investment in new technologies will continue to gain revenue for companies along with the growth strategy, acquisitions, tax & compliance.
Further, major consultancies have implemented the digital marketing strategy to boost their offerings. For instance, in September 2018, Capgemini has merged its management consulting, digital and creative businesses into one single brand. The new unit, Capgemini Invent, bundles the expertise of Capgemini Consulting, LiquidHub, Fahrenheit 212, Idean, Adaptive Lab, and Bakelite to form an advisory group with over 6,000 consultants in 30-plus offices and 10 creative studios around the world.
Competitive Landscape
The management consulting services market is moderately competitive and consists of a few major players. In terms of market share, some of the players currently dominate the market. However, with the advancement in the professional consultancy services, new players are increasing their market presence thereby expanding their business footprint across the emerging economies.
October 2019 - Booz Allen has entered into a letter agreement, under its joint venture partnership agreement with the U.S. Department of Commerce's National Technical Information Service (NTIS), to assist the U.S. Department of Defense's (DoD) Joint Artificial Intelligence Center (JAIC). Booz Allen is collaborating with NTIS in its mission to provide innovative data services to federal agencies, through joint venture partnerships with the private sector, to advance federal data priorities, promote economic growth, and enable operational excellence.
October 2018 - Bain & Company and Endava have entered into a global strategic partnership, combining Bain's industry-leading management consulting services with Endava's world-class strategy-led enterprise delivery and next-gen technology services. The Bain-Endava partnership brings together deep skills in business and technology strategy, product ideation, technology development & deployment, and organizational change management to help support clients through successful transformations.
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Management Consulting Services Segmentation by Type:
Online Service, Offline Service.
Management Consulting Services Segmentation by Application:
Large Enterprises, SMEs
Management Consulting Services report answers some key questions:
What is the expected growth of global Management Consulting Services after covid-19 vaccine or treatment is found?
• What are the new business practices that can be implemented post-pandemic to remain competitive, agile, customer-centric, and collaborative in the global Management Consulting Services?
• Which specific sectors are expected to drive growth in the global Management Consulting Services?
• What are key government policies and interventions implemented by leading global Management Consulting Services countries to help further adoption or growth of Management Consulting Services .
• How have the market players or the leading global Management Consulting Services firms have addressed the challenges faced during the pandemic?
• What growth opportunities the global Management Consulting Services offers?
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Highlights of the Report:
The report provides Management Consulting Services industry demand trends in Q1 and Q2 2021.
• Individual circumstances of the Management Consulting Services segments are discussed in the report.
• The report contains forward-looking information on risks and uncertainties.
• The report studies the consumer-focused sectors of the Management Consulting Services.
• The trade scenarios of the products and services in particular segments are detailed in the report along with regulation, taxes, and tariffs.
• The trends that are impacting the Management Consulting Services for past few years are discussed in the report.
• The report studies the potential impact of the Covid-19 pandemic on the Management Consulting Services industry economy and performance of the market players in the same context.
Table of Content:
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
3 Global Management Consulting Services by Players
4 Management Consulting Services by Regions
4.1 Management Consulting Services Size by Regions
4.2 Americas Management Consulting Services Size Growth
4.3 APAC Management Consulting Services Size Growth
4.4 Europe Management Consulting Services Size Growth
4.5 Middle East & Africa Management Consulting Services Size Growth
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Management Consulting Services Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
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