The Business Research Company published its Management Consulting Services Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Management Consulting Services market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Management Consulting Services market’s segments-
1) By Type: Operations Advisory, Financial Advisory, Technology Advisory, Strategy Advisory, Other Consulting Services, HR Advisory
2) By End Use Industry: IT Services, Manufacturing, Financial Services, Mining And Oil & Gas, Construction, Others.
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https://www.thebusinessresearchcompany.com/report/management-consulting-services-global-market-report-2020-30-covid-19-impact-and-recovery
Management Consulting Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global management consulting services market is expected to grow from $902.3 billion in 2019 to $919.3 billion in 2020 at a compound annual growth rate (CAGR) of 1.9%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $1158.3 billion in 2023.
Companies in the management consulting market are shifting from the traditional per-hour and per-month revenue model to a value-oriented revenue model. In line with increasing wages and pressure from clients to decrease pricing, many companies are shifting towards value-oriented billing. Value-oriented billing is easy to apply in the management consulting industry since the value (such as tax savings, damage awards, ad placements or the size of an acquisition or merger) is often explicit. It is expected that more management consulting firms will shift to value-based pricing as they try to become “advisors” rather than just service providers.
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Management Consulting Services Market Characteristics
4. Management Consulting Services Market Product Analysis
5. Management Consulting Services Market Supply Chain
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19. Management Consulting Services Market Competitive Landscape
20. Key Mergers And Acquisitions In The Management Consulting Services Market
21. Market Background: Design, Research, Promotional And Consulting Services Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Management Consulting Services Market, 2019, By Region, Value ($ Billion)
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Table 127: Global Management Consulting Services Market In 2023- Growth Countries
Table 128: Global Management Consulting Services Market In 2023- Growth Segments
Table 129: Global Management Consulting Services Market In 2023- Growth Strategies
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