New York, November 22, 2024 /PRNewswire/ — Report with Impact of AI on Market Trends – Global Strategy Consulting Market Size Estimated to Increase USD 121.2 billion According to Technavio, from 2024-2028. The market is estimated to grow at a CAGR of 23.3% during the forecast period. The growing need for a better customer digital experience is driving the market growth, with the trend towards a consulting firm selection process. However, growing risks related to data security and privacy remain a challenge. Major players in the market include AT Kearney Inc., Accenture Plc, Bain and Co. Inc., Booz Allen Hamilton Holding Corp., Boston Consulting Group Inc., Capgemini Service SAS, CGI Inc., Cognizant Technology Solutions Corp., Deloitte Touche Tohmatsu Ltd. ., Ernst & Young Global Limited, Infosys Limited, International Business Machines Corporation, KPMG International Limited, Marsh & McLennan Companies Inc., McKinsey & Company, Oracle Corporation, PricewaterhouseCoopers LLP, Roland Berger Holding G. MBH, Tata Consultancy Services Limited, and The Hackett Group Inc.

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Key market trends fuel growth.

The strategy consulting market is booming with trends such as management consulting, staff optimization, and corporate sustainability. Consulting firms provide expert advice on digital business models, digital strategy, business model innovation and digital transformation. SaaS, intelligent automation, artificial intelligence, IoT, Blockchain, and disruptive technologies are shaping the future of professional services. Security concerns are a key focus, including data security, data breaches, and cybersecurity regulations. Healthcare, e-commerce, and consumer purchasing patterns are driving innovation. Strategy consulting services offer domain expertise in areas such as organizational strategy, economic policy, IT and telecommunications, and customer relationship management. Risk management is critical, with risk identification and assessment being key components. Strategy consultants help large enterprises make high-level decisions, develop operational strategies, and leverage digital channels for brand experience. Consultants bring valuable insights to startup projects and offer assurance technology platforms and digital transaction management solutions.

Strategy consulting firms are facing new challenges in the marketplace as consumers turn to online research to select consultants. With the availability of high-speed and low-cost Internet databases, clients can easily identify subject matter experts (SMEs) based on their specific needs. This trend eliminates the traditional reliance on referrals and hiring based on domain expertise. Even well-established firms can be offered specialized knowledge by small businesses with longstanding reputations. The consulting industry continues to evolve, requiring firms to adapt to this digital transformation to remain competitive.

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Market challenges

• Strategy consulting services play an important role in helping businesses tackle complex challenges. In today’s dynamic business landscape, management consulting firms provide expert advice on a variety of areas including workforce optimization, corporate sustainability, and digital business models. Digital strategy, business model innovation, and digital transformation are key focus areas. Consulting firms help large enterprises adopt disruptive technologies such as SaaS, intelligent automation, artificial intelligence, Internet of Things, blockchain and more. However, there are challenges such as security concerns, risk management, and assurance technology platforms. In healthcare, digital transaction management and customer relationship management are essential. E-commerce and customer buying patterns require strategic focus. Professional consultants bring domain expertise to the table, helping organizations make high-level decisions about operational strategies, digital channels, brand experience, and data security. With the growing importance of cybersecurity regulations, threat identification and data security breaches are critical issues. Consulting firms help startups with their projects and provide management training in IT and telecommunications.
• Cloud-based marketing automation software is a popular solution for managing marketing consulting due to its convenience and cost-effectiveness. However, using cloud services comes with risks. Organizations must ensure the security and reliability of cloud providers before transferring confidential information. Loss of data control increases reliance on cloud computing services. The potential for information leakage raises concerns regarding infrastructure security, access control, risk management, auditing and logging, and regulatory and legislative compliance. It is critical for strategy consulting firms to address these issues to maintain client trust and protect sensitive data.

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Segment Overview

This Strategy Consulting Market report covers the segmentation of the market at large.

1. The end user
   • 1.1 Major institutions
   • 1.2 SMEs
2. Kind of
   • 2.1 Business strategy consulting
   • 2.2 Operations Consulting
   • 2.3 Investment Advice
   • 2.4 Technology Consulting
3. Geography
   • 3.1 North America
   • 3.2 Europe
   • 3.3 APAC
   • 3.4 Middle East And Africa
   • 3.5 South America

1.1 Major Institutions- The large business segment is a significant segment of the global strategy consulting market. Firms such as McKinsey, Bain and Company, AT Kearney, and PricewaterhouseCoopers help large enterprises develop strategies. Strategy consulting offers large businesses a fresh perspective, innovative ways, and a competitive edge. These consulting firms help create sustainable competitive advantage and profitability through future-proof business strategies. They align within organizations and offer industry-specific solutions to strategic challenges, including market assessment, scenario planning, strategic planning process design, and alliance management. The availability of these services to large enterprises is contributing to the growth of this segment.

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Exploratory analysis

Strategy consulting is a specialized field of management consulting that focuses on helping businesses make high-level decisions and develop corporate strategies. In today’s rapidly changing business landscape, strategy consulting services are more important than ever. Consultants provide expert advice on various aspects of business operations, including staff optimization, corporate sustainability, digital business models, and customer relationship management. As businesses increasingly adopt e-commerce and digital channels, strategy consultants play a critical role in helping them embrace disruptive technologies and automation. They help identify risks, such as data security breaches and cyber security regulations, and provide solutions to mitigate them. Additionally, strategy consultants bring domain expertise and a deep understanding of customer buying patterns to the table. They help businesses optimize their operations, develop operational strategies, and enhance the brand experience through cloud-based marketing automation and other digital means. In the era of digital transformation, strategy consulting is essential for businesses that want to stay competitive and thrive in an evolving market. Whether it’s navigating complex security concerns or implementing innovative operational strategies, strategy consultants are the trusted advisors businesses turn to for guidance.

An overview of market research

Strategy consulting is a specialized field of management consulting that focuses on helping organizations make high-level decisions and create long-term plans to achieve their business objectives. This may include staff optimization, corporate sustainability, digital business models, and business model innovation. In today’s digital age, digital strategy, digital transformation, and adoption of disruptive technologies such as SaaS, intelligent automation, artificial intelligence, Internet of Things, blockchain, and digital transaction management are key areas of focus. Consulting firms provide expert advice and domain expertise to large enterprises and startup projects, helping with risk management, assurance technology platforms and professional services. Digital channels, customer buying patterns, and e-commerce are also important areas of consideration. Security concerns, including data security, cybersecurity regulations, and threat identification, are increasingly important in the digital landscape. Organizational strategy, economic policy, and IT and telecommunications are additional areas of expertise. Strategy consultants help clients navigate the complexities of digital transformation, providing guidance on operational strategies, brand experience and information security.

Table of Contents:

1 Executive Summary

2 Market landscape

3 Market size

4 Historical market size

5 Five Forces Analysis

6 Market segmentation

• The end user
• Kind of
• Business strategy consulting
• Operations Consulting
• Investment Advisory
• Technology Consulting
• Geography
• North America
• Europe
• APAC
• Middle East and Africa
• South America

7 Customer Landscape

8 Geographical Landscape

9 Drivers, Challenges, and Trends

10 Company Landscape

11 Company Analysis

12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. His research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to improve their market position. is

With more than 500 expert analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies spanning 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios. .

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Source Technavio