Management Consulting Services Global Market Opportunities And Strategies To 2021: Management Consulting Services Market Global Report 2019 provides the strategists, marketers and senior management with the critical information they need to assess the global Management Consulting Services market.
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The management consulting services market comprise establishments providing a range of services dealing with advice and assistance on organization planning, financial budgeting, marketing strategies, human resource practices, administration policies and production and logistics scheduling. Such services include solutions for administrative management issues, strategic and organizational planning, business process improvement, human resource and personnel policies, developing marketing planning and strategy, productivity improvement, quality assurance and quality control. Clients of the industry include business organizations, non-profit organizations and government agencies. The management consulting services market is labor intensive. Management consultancies invest significantly in industry experts and experienced consultants with specializations in various aspects of a business organization. Management consultancy is a personalized process depending on clients and their requirements .
Markets Covered: Operations Advisory; Financial Advisory; Technology Advisory; Strategy; HR Advisory
Companies Mentioned: Deloitte LLP, IBM Global Business Services, PwC LLP, Ernst & Young LLP, KPMG LLP
Metrics Covered: Number of Enterprises, Number of Employees
Countries: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA and Australia.
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, Management Consulting Services indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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North America was the largest region in the management consulting services market in 2017, accounting for 37% market share. This was due to the rise in the number of new businesses and increased demand for financial planning, budgeting, business process improvement and other management consulting services from commercial organizations. Western Europe was the second largest region accounting for 35% market share. South America was the smallest region accounting for 3% market share.x
With the emergence of information communication and technology, the world is rapidly moving towards the process of digitalization. Investor expectations, rising competition, new regulatory pressures and increasing opportunities are putting organizations under pressure to digitalize their processes and management. Management consulting services firms are providing IT transformation services to businesses, banks and other organizations to overcome challenges such as rising stakeholder expectations and flat or declining budgets. Such services include identifying critical technologies, setting an IT agenda, consolidating, standardizing and harmonizing IT solutions across business divisions in a cost effective manner . Accenture Consultancy increased its revenues from Communications, Media & Technology division by 16% from 2014 to 2015 due to increased demand for digital transformation for management services.
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