The Operations Advisory Global Market Report 2023, provides comprehensive information on the operations advisory market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global operations advisory market, characterized by its dynamic growth trajectory, is poised for a significant evolution. Anticipated figures reveal an increase from $270.99 billion in 2022 to $281.92 billion in 2023, demonstrating a commendable Compound Annual Growth Rate (CAGR) of 4.0%. Nevertheless, the geopolitical turmoil stemming from the Russia-Ukraine conflict has cast a temporary shadow on the global economic recuperation, particularly in the short term. The repercussions include economic sanctions against multiple nations, surges in commodity prices, supply chain disruptions, and the resultant inflationary pressures affecting various sectors worldwide. Looking forward, the global operations advisory market is expected to reach an estimated $316.00 billion by 2027, supported by a CAGR of 2.9%. This underscores the ever-evolving landscape of advisory services aimed at enhancing operational efficiency and strategy within businesses on a global scale.
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Technological advancements represent a pivotal and burgeoning trend within the operations advisory market. Prominent players in this sector are actively engaged in harnessing technology to enrich their advisory practices, thus securing a competitive edge in the industry. A compelling illustration of this trend can be found in the strategic partnership between FTI Consulting, a prominent US-based management consulting firm, and NetDocuments, a US-based leader in cloud-based document and records management services. In a landmark move in March 2023, this collaboration gave rise to a cutting-edge technology platform. Its primary objective is to furnish clients with more flexible and seamlessly integrated native cloud-based solutions, specifically tailored for fundamental legal department functions, including document and content management. FTI Consulting, recognized for its holistic approach to legal operations, guides clients through every stage of their operations journey, encompassing assessment, recommendations, implementation, and performance measurement. This synergy of advisory expertise and technology integration exemplifies the ongoing transformation within the operations advisory market, facilitating enhanced and comprehensive solutions for clients.
The operations advisory market is segmented:
1) Operations Advisory Market By Product Type: Financial Advisory, Technology Advisory, Strategy Advisory, HR Advisory, Manufacturing
2) Operations Advisory Market By Size: Large Enterprises, Small And Medium Enterprises
3) Operations Advisory Market By Vertical: Aerospace And Defense, BFSI (Banking, Financial Services, And Insurance), Healthcare, IT (Information Technology) And Telecom, Construction And Mining, Automotive, Entertainment And Media, Chemicals And Materials, Consumer Goods, Durables, And Retail, Semiconductor And Electronics Manufacturing: Other Verticals
North America was the largest region in the operations advisory market in 2022.
The table of contents in TBRC’s operations advisory market report includes:
1. Executive Summary
2. Operations Advisory Market Characteristics
3. Operations Advisory Market Trends And Strategies
4. Operations Advisory Market - Macro Economic Scenario
5. Operations Advisory Market Size And Growth
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26. Africa Operations Advisory Market
27. Operations Advisory Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Operations Advisory Market
29. Operations Advisory Market Future Outlook and Potential Analysis
30. Appendix
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