The Strategy Advisory Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Strategy Advisory Global Market Report 2024, 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.
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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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
Top Major Players
Dell Technologies Inc.
Deloitte Touche Tohmatsu Limited
Accenture PLC
IBM Corporation
PricewaterhouseCoopers International Limited
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.
The strategy advisory market report table of contents includes:
1. Executive Summary
2. Strategy Advisory Market Characteristics
3. Strategy Advisory Market Trends And Strategies
4. Strategy Advisory Market – Macro Economic Scenario
5. Global Strategy Advisory Market Size and Growth
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32. Global Strategy Advisory Market Competitive Benchmarking
33. Global Strategy Advisory Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Strategy Advisory Market
35. Strategy Advisory Market Future Outlook and Potential Analysis
36. Appendix
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