Press release
Strategy Advisory Market Size, Top Trends, Industry Outlook Report 2024 To 2033
Strategy Advisory Market
The strategy advisory market size is expected to see strong growth in the next few years. It will grow to $198.29 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to digital transformation imperatives, sustainability and esg considerations, resilience planning and risk management, shifts in consumer behavior, global economic trends and geopolitical factors. Major trends in the forecast period include supply chain resilience strategies, human capital and talent management strategies, customer-centric business strategies, strategic partnerships and m&a advisory, data privacy and compliance strategies.
Market Overview -
Strategy advisory refers to services that advise organisations on high-level decisions in an unbiased fashion, using deep industry knowledge to deliver the best results. Strategy advisory services help businesses stay competitive by analyzing business practices and developing improvement strategies.
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The Booming Global Start-Up Ecosystem Fuels Strategy Advisory Market Growth
During the forecast period, the increased number of start-ups globally will support the strategy advisory market's growth. According to Invest India, in August 2022, India was the third largest start-up ecosystem in the world with over 77,000 DPIIT-recognized start-ups across 656 districts. According to The State of Indian Start-up Ecosystem Report, 2022, by Inc42, the cumulative funding raised by Indian start-ups would reach $180 billion by 2023. Therefore, a growing number of star-tups across industrial and financial sectors is expected to fuel the demand for the strategy advisory market growth.
Competitive Landscape -
Major companies operating in the strategy advisory market report are Dell Technologies Inc., Deloitte Touche Tohmatsu Limited, IBM Corporation, PricewaterhouseCoopers International Limited, Ernst & Young Ltd., KPMG International Limited, Fujitsu Ltd., Capgemini SE, Tata Consultancy Services Limited, Infosys Limited, The Boston Consulting Group, McKinsey & Company, Booz & Co., Grant Thornton International, Gartner Inc., Bain & Company, FTI Consulting, Oliver Wyman Group, Mercer LLC, ZS Associates, A.T. Kearney Inc., Huron Consulting Group, Roland Berger Group, Simon-Kucher & Partners, L.E.K. Consulting, AlixPartners, HCL Technologies Limited, The Bridgespan Group, Neo-concept (BVI) Limited
AI Integration Transforming The Strategy Advisory Market
The launch of artificial intelligence is gaining popularity in the strategy advisory market. As this new technology develops, many companies are increasingly thinking about integrating artificial intelligence (AI) into their operations. For instance, the global AI market is expected to grow rapidly during the next few years, reaching a market value of $190.61 billion by 2025. AI is expected to increase at a 33.2% yearly rate between 2020 and 2027. Artificial intelligence and the future of strategic advisory and its effects on consultancy firms are positive, and if harnessed correctly, artificial intelligence (AI) could significantly accentuate how these firms govern as well as the services they provide to clients.
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https://www.thebusinessresearchcompany.com/report/strategy-advisory-global-market-report
Key Segments -
The strategy advisory market covered in this report is segmented -
1) By Services: Corporate Strategy, Business Model Transformation, Economic Policy, Mergers & Acquisitions, Organizational Strategy, Functional Strategy, Strategy & Operations, Digital Strategy
2) By Organization Size: Large Enterprise, Small and Medium Enterprise
3) By End-User: IT & Telecommunication, Healthcare, BFSI, Retail, Manufacturing, Other End-Users
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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