Press release
Technology Advisory Global Market Report 2025: Digital Transformation Imperatives Drive Market Expansion
Technology Advisory Global Market Report 2025
What Is The Projected Market Size Of The Global Technology Advisory Market And Its Growth Rate?
The technology advisory market has shown steady growth over the past few years, with significant changes as follows:
• Growing from $160.51 billion in 2024 to $167.32 billion in 2025 at a compound annual growth rate (CAGR) of 4.2%
• Projected to reach $205.22 billion in 2029 at a CAGR of 5.2%
• Legacy system modernization, data analytics, and business intelligence driving growth in the historic period
• Adoption of cloud computing, AI and machine learning integration, focus on sustainable and green IT anticipated to fuel growth in the forecast period
What Is Driving The Growth In The Technology Advisory Market?
The growth of the technology advisory market is primarily driven by the increasing need for simplifying business operating models and monitoring IT investments. Advancements in technology have enabled businesses to enhance operations, reduce costs, and make the most of technological opportunities. Addressing cybersecurity threats, ensuring data safety, and optimizing operations through technology advisory services are indispensable for businesses today. Examples like Louis Vuitton, Canon, and Samsung highlight the myriad benefits of technology advisory services in enhancing core business focus, accessing the latest technology, and minimizing IT glitches.
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Who Are the Key Players Driving Technology Advisory Market Growth?
Key players in the technology advisory market include:
• Deloitte Touche Tohmatsu Limited
• International Business Machines Corporation
• PricewaterhouseCoopers LLP
• accenture* plc
• Ernst & Young Global Limited
• Oracle Corporation
• KPMG International Cooperative
• Fujitsu Limited
• Tata Consultancy Services Limited
• Capgemini SE
What Are The Key Trends In The Technology Advisory Market?
Major trends predicted for the forecast period include:
• Sustainable technology practices and green IT consulting
• Formulation of digital transformation roadmaps and strategies
• Guidance for 5G implementation fostering connectivity and innovation
• Biometric and facial recognition technology advisory
• Remote work technology advisory and collaboration tools
What Are The Segments Of The Global Technology Advisory Market?
The technology advisory market comprises of the following segments -
• Application Development
• Cloud Services
• Cybersecurity and Privacy
• Data and Analytics
• Technology Strategy and Enterprise Architecture
• Other Services
Which Region Leads The Technology Advisory Market?
North America led the technology advisory market in 2024, followed by Western Europe. Future growth opportunities are expected across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Technology Advisory Global Market Report 2025 Global Market Report?
• Market Size Analysis: Analyze the Technology Advisory Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Technology Advisory Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Technology Advisory Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Technology Advisory Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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