Management Consulting Market 2020
Description: –
Global Management Consulting Market was valued US$ 120 Bn in 2017 and is expected to reach US$ 170 Bn by 2026, at CAGR of 4.45% during forecast period.
Business models like network-based consulting and crowdsourcing are now growing in management consulting, and are being accepted by players like Wikistrat, HourlyNerd, and Business Talent Group. North America and Europe are highly mature markets and contributing to about three-fourths of the complete consulting revenue. In addition to this, the supplier abilities to serve composite client requirements in these regions are also high. APAC market, on the other hand, have a relatively less significant market share. Demand for consulting services is being driven by factor like need of operational efficiency.
Organizations are continuously trying to reduce costs and increase their effectiveness, so that the cost savings can be transferred to the consumer as a means to resist strong competition. This is leading to growth in demand for business process inventions and consulting related to operational efficiency.
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Listed Key Players Included Are:
Deloitte Consulting
PwC
EY
KPMG
Accenture
IBM
McKinsey
Booz Allen Hamilton
The Boston Consulting Group
Bain & Company
Capco
Capgemini Consulting
CGI
Cognizant Technology Solutions
Ernst & Young
Fulcrum Worldwide
FTI Consulting
Grant Thornton
Hay Group
HCL Axon
Hewitt Associates
Hitachi Consulting
The study published on the Management Consultingmarket is a systematic review that includes key parameters and indicators that are crucial to market understanding. The data from the years 2020 to 2026 is used to show the status and size of the market. The report also includes a total market value for the forecast period, along with the CAGR. The introductory chapter, along with the product description and market scope, provides an overview of the Management Consultingindustry. The study also analyzes market dynamics in product-related matters along with developments in the growth of the industry.
Market Dynamics
The Management Consultingbusiness growth has been addressed in depth in the current scenario as well as in the coming years, and the factors influencing it. The interplay of demand and supply forces in this market has been analyzed, along with the external factors. In order to help market predictions, the industry’s influence on growth was analyzed. The pricing strategies used on the Management Consultingmarket in different regions have been analyzed and the impact they have on consumer behavior.
Segmental Analysis
A clearer understanding can be obtained by partitioning the overall market into different regional segments according to the main geographical regions. Along with the main countries and regions, the entire Management Consultingmarket has been covered. A forecast for local markets is also provided in the report based on the findings of this analysis. The market position of producers and main players in all of the major business regions is covered through broad segments. The study also covers the market based on technologies and applications for end-users.
Research Methodology
The market analysis analyzes the global Management Consultingmarket forces based on the Porter Five Forces model. The criteria used in the study are the danger of new entrants and product replacements and the bargaining power of consumers and suppliers. This helps to assess the competitive environment. In order to help make informed decisions on the Management Consultingmarket, the review offered strengths, weaknesses, opportunities, and threats to key players.
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Table of Contents – Major Key Points
1. Preface
2. Assumptions and Research Methodology
3. Executive Summary
4. Market Overview
5. Global Management Consulting Market Analysis and Forecast
6. Global Management Consulting Market Analysis and Forecast, by Type
7. Global Management Consulting Market Analysis and Forecast, by Application
8. Global Management Consulting Market Analysis, by Region
Continued…
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