Strategy Consulting Market (Ananya) (2)-converted
                     Market Highlights 
Strategy consulting is essential for the growth of companies operating in areas such as business 
service, marketing and sales, financial management and controls, information technology, human 
resource, quality management, and others. Strategy consulting allows companies to maintain 
sustainable competitive advantage amidst a challenging business environment. Market Research 
Future (MRFR) in-depth report on the global strategy consulting market has projected the market 
to reach a valuation of USD 43.98 Bn at a CAGR 5.17% over the forecast period of 2018-2023.  
Increasing volatility in the economic landscape combined with fierce competition has necessitated 
the need for strategy development to tide over such situations. The current business world is 
characterized by high difficulty level in new product launches, legal complexities, and increased 
incidences of various supply-side challenges. Moreover, intensifying competition has compelled 
businesses to resort to strategic consulting services, which help them adapt to constantly changing 
business models.  
Digitalization has had a tremendous impact on the growth of the strategy consulting market. The IT 
and BFSI sectors have turned to strategy consulting services to enhance their offerings, which are 
likely to deepen the level of growth of strategy consulting market. The inclusion of advanced 
technologies such as automation and artificial intelligence (AI) is estimated to create favorable 
groundwork for the expansion of the strategy consulting market. 
On the other hand, the strategy consulting market is likely to experience various setbacks over the 
forecast period. Lack of skilled analysts who have a deep understanding to provide in-depth 
analytical knowledge and lack of domain knowledge as bottlenecks to the growth of the market. 
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Segmentation: 
The strategy consulting market has been segmented based on application and product. 
By product, the strategy consulting market has been segmented into operation consultant, business 
strategy consulting, and investment consultant. The operation consultant segment is likely to lead 
the market over the forecast period and reach USD 16.67 Bn at a CAGR of 3.93% over the forecast 
period. The business strategy consulting segment is expected to register the highest CAGR of 6.04% 
over the forecast period.  
By application, the strategy consulting market has been segmented into chemical sector, financial 
sector, and automotive sector. The financial segment is likely to command the largest share of the 
market over the forecast period. The automotive sector segment is expected to be the fastest 
growing segment and expand at a CAGR of 6.54% over the forecast period.  
Regional Analysis: 
Region-wise, the strategy consulting market has been segmented into Asia Pacific (APAC), Rest-of-
the-World (RoW), Europe, and North America.  
North America accounted for the principal share of the global market in 2013 and is likely to reach 
USD 16.64 Bn at a CAGR of 4.75% over the forecast period. The US is a prominent market for 
strategy consulting in the North American region. Competitive business environment in the region 
along with the clustering of major market players in the region have driven the market majorly. 
Europe is the second largest strategy consulting market and is expected to expand at a CAGR of 
5.47% over the forecast period. The Europe market is anticipated to reach USD 13.64 Bn by the end 
of 2025. Europe is following the path guided by North America and is increasingly investing in 
strategic consulting, which is likely to augment the growth of the market over the forecast period. 
The burgeoning growth of the industrial sector in APAC has attracted massive investments in the 
region, which provides lucrative opportunities for the growth of the strategy consulting market. 
Competitive Landscape 
The notable players in the global strategy consulting market include Roland Berger LLC, Accenture, 
Deloitte Touche Tohmatsu Limited, The Boston Consulting Group Inc, Marsh & McLennan 
Companies Inc, A.T. Kearney Inc, Bain and Company, Mc Kinsey & Company, Pricewaterhouse 
Cooper (PwC), 
Industry Updates 
June 2019 - PA Consulting Group, a consultancy specializing in management consulting, technology 
and innovation, announced the acquisition of 4iNNO, Cincinnati-based firms specializing in new 
product platforms. 
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consulting-market-6980 
List of Figures 
FIGURE 1 GLOBAL STRATEGY CONSULTING MARKET: MARKET STRUCTURE 
FIGURE 2 GLOBAL MARKET SIZE & MARKET SHARE BY REGION/COUNTRY (2013 VS 2025) 
FIGURE 3 TOP DOWN & BOTTOM UP APPROACH 
FIGURE 4 DRO ANALYSIS OF GLOBAL STRATEGY CONSULTING MARKET 
FIGURE 5 VALUE CHAIN: GLOBAL STRATEGY CONSULTING MARKET 
FIGURE 6 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL STRATEGY CONSULTING MARKET 
FIGURE 7 GLOBAL STRATEGY CONSULTING MARKET, BY PRODUCT, 2013 TO 2018 (USD BILLION) 
FIGURE 8 GLOBAL STRATEGY CONSULTING MARKET, BY PRODUCT, 2019 TO 2025 (USD BILLION) 
FIGURE 9 GLOBAL STRATEGY CONSULTING MARKET, BY APPLICATION, 2013 TO 2018(USD 
BILLION)  
FIGURE 10 GLOBAL STRATEGY CONSULTING MARKET, BY APPLICATION, 2019 TO 2025 (USD 
BILLION) 
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