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Organization And Change Management Consulting Market: Growth Factors, Trends, Demand And Forecast To 2033
Organization And Change Management Consulting Market
As per the report, the organization and change management consulting market size has grown strongly in recent years. It will grow from $1.41 billion in 2023 to $1.52 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The organization and change management consulting market size is expected to see strong growth in the next few years. It will grow to $2.09 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%.
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Sustainability's Impact On Organization And Change Management Consulting Market
The increasing focus on sustainability is expected to propel the growth of the organization and the change management consulting market going forward. Sustainability refers to meeting the needs of the present without compromising the ability of future generations to meet their own needs. The demand for sustainability is increasing due to several key factors, such as growing awareness among consumers, investors, and stakeholders about the environmental and social impact of business activities and the long-term economic benefits of sustainability. Sustainability presents significant opportunities for organization and change management consulting to add value to organizations by providing strategic guidance, driving organizational change, facilitating performance improvement, and enhancing stakeholder engagement. For instance, in February 2024, according to reports published by the TravelPerk Report, a Spain-based travel-management company and pioneer in the future of business travel, an estimated 98% of companies on the S&P 500 index published sustainability reports in 2022, compared to 96% in 2021, showing an increasing focus on sustainability within businesses. Therefore, the increasing focus on sustainability is driving the growth of the organization and change management consulting market.
AI Services For Customizing Foundation Models In Organization And Change Management Consulting
Major companies operating in the organization and change management consulting market are developing innovative advanced solutions, such as a comprehensive set of new services using generative AI to improve strategic planning and operational efficiency. Artificial intelligence (AI) services include a wide range of solutions, methodologies, and technologies that allow machines to replicate human cognitive capabilities such as learning, problem solving, and decision-making. For instance, in November 2023, a US-based professional services company specializing in information technology (IT) services, launched a comprehensive set of new services tailored to assist companies in customizing and scaling the value of generative AI. These services include a proprietary generative AI model switchboard that allows users to select models based on factors such as cost, accuracy, or business context. Additionally, it offers customization of large language models (LLMs) for specific use cases and data sources, along with managed services for continuous fine-tuning and prompt engineering.
The organization and change management consulting market covered in this report is segmented -
1) By Service Type: Strategy Development, Organizational Change, Technology Adoption, Process Improvement, Leadership Development
2) By Consulting Approach: Agile Change Management, Traditional Change Management, Others
3) By Emerging Trends: Sustainability, Remote Work, Diversity, Inclusion
4) By Industry Vertical: Healthcare, Financial Services, Manufacturing
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Major companies operating in the organization and change management consulting market are Hitachi Consulting Corporation, Deloitte Touche Tohmatsu Limited, International Business Machines Corporation (IBM), PricewaterhouseCoopers International Limited (PwC), Ernst & Young Global Limited (EY), KPMG International Cooperative, Tata Consultancy Services Ltd., Capgemini SE, Cognizant Technology Solutions Corporation, Aon Hewitt LLC , Atos Consulting, The Boston Consulting Group Inc., McKinsey & Company Inc., CGI Inc., Willis Towers Watson plc, Booz Allen Hamilton Holding Corporation, Bain & Company Inc., Genpact Ltd., Oliver Wyman Group, Mercer LLC, Arthur D. Little Inc., Simon-Kucher & Partners Strategy & Marketing Consultants GmbH, Buck Global LLC, PA Consulting Group Ltd., Intellecap Advisory Services Pvt. Ltd., Kapronasia Limited, SINICA CONSULTING, PricewaterhouseCoopers (PwC), A.T. Kearney Inc
Contents of the report:
1. Executive Summary
2. Organization And Change Management Consulting Market Report Structure
3. Organization And Change Management Consulting Market Trends And Strategies
4. Organization And Change Management Consulting Market - Macro Economic Scenario
5. Organization And Change Management Consulting Market Size And Growth
…..
27. Organization And Change Management Consulting Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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