Strategy consulting help organizations to develop cogent, coherent plans of action to improve their performance.
Increasing competition among businesses and volatile economic landscape is expected to boost growth of the global strategy consulting market over the forecast period. This can be attributed to increasing tariffs. For instance, in January 2020, the U.S. government announced its plans to raise tariffs on Chinese goods. Moreover, increasing demand for strategic planning for businesses is also expected to aid in growth of the market. Use of strategy consulting can lead to results-oriented focus and set the right goals and milestones for progress and the specific results.
Increasing development in big data, data analytics, cloud, cognitive computing, visualization, and cross platform anytime access is expected to offer lucrative growth opportunities for players in the global strategy consulting market. This is owing to increasing use of these technologies in automated, scalable data gathering, insights, and decision-making. Moreover, increasing launch of new products and services is also expected to aid in growth of the market. For instance, in November 2019, Bain & Company and Endava plc. launched an integrated IT due diligence product for three core areas: IT and core technology assessment, a future-back assessment of digital readiness, and a robust assessment of the value-creation plan through the tech enablers.
However, high cost of the services and lack of awareness about strategy consulting in emerging economies is expected to hinder the market growth. For instance, the average cost of strategy consulting is between US$ 500,000 and US$ 1,250,000.
The market is witnessing increasing M&A activities among players. For instance, in December 2019, Bain & Company announced to acquire Pyxis, an alternative data analytics firm. Moreover, the adoption of algorithmically derived forecasts is increasing significantly in the market. Such approaches aid organizations to preempt unfavorable outcomes and promote competitive advantage.
Key players in the market are focused on adopting collaboration and partnership strategies to expand their product portfolio. For instance, in September 2019, Oliver Wyman collaborated with Next Peak, an operational cyber defense consulting company, to expand its service portfolio in cybersecurity.
Market Dynamics:
Growing competition among businesses and increasing need to gain better ROI for respective businesses is expected to drive the global strategy consulting market growth during the forecast period (2020-2027). Strategic consultants play a vital role in any organization, especially in startups that are likely to fail if they are not advised well. For instance, according to The Ultimate Startup Failure Report 2020, around 90% of startups fail due to incompetence and lack of experience from the team. In such cases, strategic consultant plays a crucial role by offering unbiased feedback, prudent management advice, creating a sustainable roadmap, and providing cautious expertise. Furthermore, rapidly evolving business models as compared to traditional companies are expected to drive the global strategy consulting market over the forecast period. Moreover, companies in different sectors are expanding their business in different regions where skilled consultation is required. This, in turn, is expected to drive the market growth in the near future.
The following manufacturers are covered in this report:
-- McKinsey
-- The Boston Consulting Group
-- Bain & Company
-- Booz & Co.
-- Roland Berger Europe
-- Oliver Wyman Europe
-- A.T. Kearney Europe
-- Deloitte
-- Accenture Europe
Market segment by Type, the product can be split into
Operations Consultants
Business Strategy Consultants
Investment Consultants
Sales and Marketing Consultants
Technology Consultants
Market segment by Application, split into
The financial Sector
Chemical Industry
Auto Industry
Pharmaceutical Industry
Other
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
Table of Contents
Section 1 Strategy Consulting Product Definition
Section 2 Global Strategy Consulting Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Strategy Consulting Shipments
2.2 Global Manufacturer Strategy Consulting Business Revenue
2.3 Global Strategy Consulting Market Overview
Section 3 Manufacturer Strategy Consulting Business Introduction
3.1 McKinsey Strategy Consulting Business Introduction
3.1.1 McKinsey Strategy Consulting Shipments, Price, Revenue and Gross profit 2019-2024
3.1.2 McKinsey Strategy Consulting Business Distribution by Region
3.1.3 McKinsey Interview Record
3.1.4 McKinsey Strategy Consulting Business Profile
3.1.5 McKinsey Strategy Consulting Product Specification
3.2 The Boston Consulting Group Strategy Consulting Business Introduction
3.2.1 The Boston Consulting Group Strategy Consulting Shipments, Price, Revenue and Gross profit 2019-2024
3.2.2 The Boston Consulting Group Strategy Consulting Business Distribution by Region
3.2.3 Interview Record
3.2.4 The Boston Consulting Group Strategy Consulting Business Overview
3.2.5 The Boston Consulting Group Strategy Consulting Product Specification
3.3 Bain & Company Strategy Consulting Business Introduction
3.3.1 Bain & Company Strategy Consulting Shipments, Price, Revenue and Gross profit 2019-2024
3.3.2 Bain & Company Strategy Consulting Business Distribution by Region
3.3.3 Interview Record
3.3.4 Bain & Company Strategy Consulting Business Overview
3.3.5 Bain & Company Strategy Consulting Product Specification
3.4 Roland Berger Europe Strategy Consulting Business Introduction
3.5 Oliver Wyman Europe Strategy Consulting Business Introduction
3.6 A.T. Kearney Europe Strategy Consulting Business Introduction
Section 4 Global Strategy Consulting Market Segmentation (Region Level)
4.1 North America Country
4.1.1 United States Strategy Consulting Market Size and Price Analysis 2019-2024
4.1.2 Canada Strategy Consulting Market Size and Price Analysis 2019-2024
4.2 South America Country
4.2.1 South America Strategy Consulting Market Size and Price Analysis 2019-2024
4.3 Asia Country
4.3.1 China Strategy Consulting Market Size and Price Analysis 2019-2024
4.3.2 Japan Strategy Consulting Market Size and Price Analysis 2019-2024
4.3.3 India Strategy Consulting Market Size and Price Analysis 2019-2024
4.3.4 Korea Strategy Consulting Market Size and Price Analysis 2019-2024
4.4 Europe Country
4.4.1 Germany Strategy Consulting Market Size and Price Analysis 2019-2024
4.4.2 UK Strategy Consulting Market Size and Price Analysis 2019-2024
4.4.3 France Strategy Consulting Market Size and Price Analysis 2019-2024
4.4.4 Italy Strategy Consulting Market Size and Price Analysis 2019-2024
4.4.5 Europe Strategy Consulting Market Size and Price Analysis 2019-2024
4.5 Other Country and Region
4.5.1 Middle East Strategy Consulting Market Size and Price Analysis 2019-2024
4.5.2 Africa Strategy Consulting Market Size and Price Analysis 2019-2024
4.5.3 GCC Strategy Consulting Market Size and Price Analysis 2019-2024
4.6 Global Strategy Consulting Market Segmentation (Region Level) Analysis 2019-2024
4.7 Global Strategy Consulting Market Segmentation (Region Level) Analysis
Section 5 Global Strategy Consulting Market Segmentation (Product Type Level)
5.1 Global Strategy Consulting Market Segmentation (Product Type Level) Market Size 2019-2024
5.2 Different Strategy Consulting Product Type Price 2019-2024
5.3 Global Strategy Consulting Market Segmentation (Product Type Level) Analysis
Section 6 Global Strategy Consulting Market Segmentation (Industry Level)
6.1 Global Strategy Consulting Market Segmentation (Industry Level) Market Size 2019-2024
6.2 Different Industry Price 2019-2024
6.3 Global Strategy Consulting Market Segmentation (Industry Level) Analysis
Section 7 Global Strategy Consulting Market Segmentation (Channel Level)
7.1 Global Strategy Consulting Market Segmentation (Channel Level) Sales Volume and Share 2019-2024
7.2 Global Strategy Consulting Market Segmentation (Channel Level) Analysis
Section 8 Strategy Consulting Market Forecast 2024-2027
8.1 Strategy Consulting Segmentation Market Forecast (Region Level)
8.2 Strategy Consulting Segmentation Market Forecast (Product Type Level)
8.3 Strategy Consulting Segmentation Market Forecast (Industry Level)
8.4 Strategy Consulting Segmentation Market Forecast (Channel Level)
Section 9 Strategy Consulting Segmentation Product Type
9.1 Placement Equipment Product Introduction
9.2 Printer Equipment Product Introduction
9.3 Reflow Oven Equipment Product Introduction
Section 10 Strategy Consulting Segmentation Industry
10.1 The financial Sector Clients
10.2 Chemical Industry
10.3 Auto Industry
10.4 Pharmaceutical Industry
Section 11 Strategy Consulting Cost of Production Analysis
11.1 Raw Material Cost Analysis
11.2 Technology Cost Analysis
11.3 Labor Cost Analysis
11.4 Cost Overview
Section 12 Conclusion
Chart and Figure
Chart United States Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart United States Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart Canada Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart Canada Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart South America Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart South America Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart China Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart China Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart Japan Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart Japan Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart India Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart India Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart Korea Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart Korea Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart Germany Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart Germany Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart UK Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart UK Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart France Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart France Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart Italy Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart Italy Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart Europe Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart Europe Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart Middle East Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart Middle East Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart Africa Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart Africa Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart GCC Strategy Consulting Sales Volume (Units) and Market Size (Million $) 2019-2024
Chart GCC Strategy Consulting Sales Price ($/Unit) 2019-2024
Chart Global Strategy Consulting Market Segmentation (Region Level) Sales Volume 2019-2024
Chart Global Strategy Consulting Market Segmentation (Region Level) Market size 2019-2024
Chart Strategy Consulting Market Segmentation (Product Type Level) Volume (Units) 2019-2024
Chart Strategy Consulting Market Segmentation (Product Type Level) Market Size (Million $) 2019-2024
Chart Different Strategy Consulting Product Type Price ($/Unit) 2019-2024
Chart Strategy Consulting Market Segmentation (Industry Level) Market Size (Volume) 2019-2024
Chart Strategy Consulting Market Segmentation (Industry Level) Market Size (Share) 2019-2024
Chart Strategy Consulting Market Segmentation (Industry Level) Market Size (Value) 2019-2024
Chart Global Strategy Consulting Market Segmentation (Channel Level) Sales Volume (Units) 2019-2024
Chart Global Strategy Consulting Market Segmentation (Channel Level) Share 2019-2024
Chart Strategy Consulting Segmentation Market Forecast (Region Level) 2024-2027
Chart Strategy Consulting Segmentation Market Forecast (Product Type Level) 2024-2027
Chart Strategy Consulting Segmentation Market Forecast (Industry Level) 2024-2027
Chart Strategy Consulting Segmentation Market Forecast (Channel Level) 2024-2027
Chart Placement Equipment Product Figure
Chart Placement Equipment Product Advantage and Disadvantage Comparison
Chart Printer Equipment Product Figure
Chart Printer Equipment Product Advantage and Disadvantage Comparison
Chart Reflow Oven Equipment Product Figure
Chart Reflow Oven Equipment Product Advantage and Disadvantage Comparison
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