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 anticipated expansion of the global operations advisory market is a noteworthy development. Forecasts suggest a growth trajectory from $270.99 billion in 2022 to $281.92 billion in 2023, signaling a commendable Compound Annual Growth Rate (CAGR) of 4.0%. However, the reverberations of the Russia-Ukraine conflict have cast a temporary shadow on the global economic rebound following the COVID-19 pandemic. The repercussions include economic sanctions affecting multiple nations, surges in commodity prices, and supply chain disruptions. These factors have collectively contributed to inflationary pressures impacting various sectors worldwide. Despite these challenges, the global operations advisory market is anticipated to demonstrate steady growth, ultimately reaching an estimated $316.00 billion by 2027, with a CAGR of 2.9%. This underscores the complex interplay of geopolitical events and global economic dynamics.
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Technological advancements are a prominent and transformative trend making waves in the operations advisory market. Leading enterprises in the operations advisory sector are strategically embracing technology, integrating it into their practices, and aiming to gain a competitive edge in this evolving landscape. An illustrative case is FTI Consulting, a renowned US-based management consulting company specializing in operations advisory services. In a strategic move during March 2023, FTI Consulting forged a partnership with NetDocuments, a US-based cloud document, email, and records management service provider. This partnership yielded a pioneering technology platform designed to furnish clients with versatile and integrated native cloud-based solutions tailored for core legal department functions. The comprehensive scope spans document and content management, covering every facet of the legal operations journey. From initial assessment and recommendations through to implementation and measurement, the firm harnesses its advisory expertise and technology capabilities to offer holistic solutions. This initiative signifies a transformative step toward bolstering operational efficiency, amplifying strategy, and enhancing client services within the operations advisory sphere. It underscores the industry's ongoing commitment to harness the power of technology to drive progress and innovation.
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
..........
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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