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Strategy Advisory Market Size, Deep Analysis, Growth Statistics, Share, Trends And Forecast To 2033
Strategy Advisory Market Overview
Strategy Advisory Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $198.29 billion In 2028 At A CAGR Of 7.8% :
The strategy advisory market size has grown strongly in recent years. It will grow from $137.78 billion in 2023 to $146.81 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to globalization and market dynamics, mergers and acquisitions activity, competitive pressures and industry disruptions, regulatory changes and compliance challenges, economic uncertainty and market volatility.
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.
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Strategy Advisory Market Major 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 Driver - 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.
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Prominent Trend - 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.
Strategy Advisory Market Players
Major companies operating in the strategy advisory market report are Dell Technologies Inc., Deloitte Touche Tohmatsu Limited, Accentur*e plc, 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
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Largest And Fastest Growing Region In The Market
North America was the largest region in the strategy advisory market in 2023. Western Europe was the second largest region in the global strategy advisory market share. The regions covered in the strategy advisory market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Strategy Advisory Market Report Structure
3. Strategy Advisory Market Trends And Strategies
4. Strategy Advisory Market - Macro Economic Scenario
5. Strategy Advisory Market Size And Growth
…..
27. Strategy Advisory Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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