DUBLIN – (COMMERCIAL THREAD)–The “Management Consulting Services – Global Market Trajectory and Analysis” report was added to ResearchAndMarkets.com offer.
The editor brings years of research experience to the 8th edition of this report. The 187-page report presents concise information on the impact of the pandemic on production and the buy side for 2020 and 2021. A short-term gradual recovery by key geography is also discussed.
Global Management Consulting Services Market To Reach $ 179.9 Billion By 2027
Amid the COVID-19 crisis, the global management consulting services market, estimated at US $ 146.1 billion in 2020, is expected to reach a revised size of US $ 179.9 billion by 2027, with growth at a CAGR of 3% over the analysis period 2020-2027.
Operations Advisory, one of the segments analyzed in the report, is expected to register a CAGR of 3% and reach $ 99.4 billion by the end of the analysis period. After an initial analysis of the business implications of the pandemic and its induced economic crisis, the growth of the Strategy Consulting segment is readjusted to a revised CAGR of 3.4% for the next 7-year period.
The US market is estimated at $ 39.5 billion, while China is expected to grow at 5.5% CAGR
The management consulting services market in the United States is estimated at US $ 39.5 billion in 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 36.7 billion of by 2027, after a CAGR of 5.5. % over the 2020 to 2027 analysis period. Other notable geographic markets include Japan and Canada, each forecasting growth of 0.8% and 2.2% respectively over the 2020-2027 period. In Europe, Germany is expected to grow at a CAGR of around 1.4%.
Human Resources Consulting Segment Records 2.7% CAGR
In the global HR consulting segment, the United States, Canada, Japan, China and Europe will lead the estimated 2.2% CAGR for this segment. These regional markets representing a combined market size of US $ 27.4 billion in 2020 will grow to a projected size of US $ 31.9 billion by the end of the analysis period. China will remain among the fastest growing countries in this group of regional markets. Led by countries such as Australia, India and South Korea, the Asia-Pacific market is expected to reach $ 24.9 billion by 2027, while Latin America will grow at a CAGR of 3 , 5% during the analysis period.
Competitors identified in this market include, among others:
Bain & Company
Booz Allen Hamilton
Boston Consulting Group, The
Deloitte Consulting srl
Ernst & Young Global Limited
Main topics covered:
I. INTRODUCTION, METHODOLOGY AND SCOPE OF THE REPORT
1. MARKET OVERVIEW
Market shares of global competitors
Global Management Consulting Services Competitors Market Share Scenario (%): 2019 and 2025
Impact of Covid-19 and an impending global recession
2. FOCUS ON CERTAIN PLAYERS
3. MARKET TRENDS AND FACTORS
4. WORLD MARKET PERSPECTIVE
III. MARKET ANALYSIS
Total number of profiled companies: 46
For more information on this report, visit https://www.researchandmarkets.com/r/4hrl75