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Technology Advisory Market 2024-2033: Competitor Assessment, New Trends, Share Analysis And Global Key Players | Deloitte Touche Tohmatsu Limited, International Business Machines Corporation, PricewaterhouseCoopers LLP, Ernst & Young Global Limited.
Technology Advisory Market
The Business Research Company presents an extensive market research report on the Technology Advisory Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The technology advisory market size has grown steadily in recent years. It will grow from $157.91 billion in 2023 to $164.48 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to digital transformation imperatives, cybersecurity concerns and threats, regulatory compliance and governance, legacy system modernization needs, data analytics and business intelligence.
The technology advisory market size is expected to see steady growth in the next few years. It will grow to $196.66 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to adoption of cloud computing, ai and machine learning integration, focus on sustainable and green it, e-commerce and digital marketing strategies, resilience planning and business continuity. Major trends in the forecast period include sustainable technology practices and green it consulting, digital transformation roadmaps and strategy formulation, 5g implementation guidance for connectivity and innovation, biometric and facial recognition technology advisory, collaboration tools and remote work technology advisory.
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Key Market Players:
Major companies operating in the technology advisory market report are Deloitte Touche Tohmatsu Limited, International Business Machines Corporation, PricewaterhouseCoopers LLP, Ernst & Young Global Limited, Oracle Corporation, KPMG International Cooperative, Fujitsu Limited, Tata Consultancy Services Limited, Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, McKinsey & Company, BDO Global, The Boston Consulting Group Inc., Atos SE, Wipro Limited, Dell Technologies Inc., Booz Allen Hamilton Inc., Computer Sciences Corporation, Grant Thornton International Ltd, Gartner Inc., Bain & Company Incorporated, HCL Technologies Limited, FTI Consulting Inc., Oliver Wyman, Alvarez & Marsal Holdings LLC, PA Consulting Group, Navigant Consulting Inc., Catalyst Consulting Group Inc., West Monroe Partners LLC, Mindtree Limited, Slalom LLC
Market Drivers:
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. Technology consulting firms help companies integrate technology into their business operations and create better experiences, thereby improving business processes, reducing costs, and maximizing technology-based opportunities. Technology advisory firms also help companies address cybersecurity concerns and keep data safe. For instance, Louis Vuitton uses technology consulting to create small modules in business and IT strategy and IT governance to run its operations effectively. In addition to this, companies such as Canon and Samsung have been using technology advice to optimize their operations and reduce IT costs. Technology advisory services help companies focus more on core business, access the latest technology, and minimize hardware failure, virus and spyware attacks, and database corruption.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/technology-advisory-global-market-report
The technology advisory market covered in this report is segmented -
1) By Service: Application development, Cloud Services, Cybersecurity and Privacy, Data and Analytics, Technology Strategy and Enterprise Architechture, Other Services
2) By Enterprise Size: Large Enterprise, Small and Medium Enterprise
3) By End Use: Banking, Financial Services, Healthcare, IT & telecom, Government, Other End Uses
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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