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Business and IT Consulting Service Market in North America 2011-2014
Infiniti Research Limited, February 2012, Pages: 30
TechNavio’s analysts forecast the Business and Information Technology Consulting Service market in North America to grow at a CAGR of 6.6 percent over the period 2011–2014. One of the key factors contributing to this market is the increase in small consultancy firms. The Business and IT Consulting Service market in North America has also been witnessing an upsurge of business analytics. However, maintaining relationships with clients could pose a challenge to the growth of this market.
TechNavio’s report, Business and IT Consulting Service Market in North America 2011-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses only on North America. It also covers the Business and IT Consulting Service market in the North America landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Deloitte Touche Tohmatsu Ltd., PricewaterhouseCoopers, IBM Corp., and Science Applications International Corp.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
Executive Summary
TechNavio Announces the Publication of its Report - Business and IT Consulting Service Market in North America 2011-2014
TechNavio today launched its report Business and IT Consulting Service Market in North America 2011-2014 based on an in-depth study. The report aims to aid decision makers’ understand of the key trends impacting this regional market.
Commenting on the report, an analyst from TechNavio’s IT Services team said, “Key innovations have been a part of the consulting landscape for some time. Innovations in the field of strategy formulation and process re-engineering have been re-energizing the market. Business analytics now appears to be the upcoming trend in the Business and IT Consulting Service market in North America according to large firms such as IBM and Deloitte. Business analytics is a range of services from descriptive analytics to predictive analytics to optimization.”
According to the report, small consultancy firms provide companies with solutions that are tailor made and in accordance with requirements, unlike large consultancy firms. It has been noticed that there is a tendency of thinking on a large scale when it comes to IT consulting projects. Hence, large consultancy companies are inclined to dismiss projects that fall beneath a certain price, and when they do take on such projects, the solutions offered do not always match the clients' priorities. Small consulting firms not only welcome such projects, but also have made it their forte to service such accounts.
The report also discusses that one of the main challenges for most consultancy firms is dealing with clients with high expectations but that lack the business foresight.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
01. Executive Summary
02. Introduction
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Buying Criteria
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Market Trends
11. Key Vendor Analysis
11.1 Deloitte Touche Tohmatsu Ltd.
11.2 PricewaterCoopers
11.3 IBM Corp.
11.4 Science Applications International Corp.
12. Other Reports in this Series
List of Exhibits:
Exhibit 1: Business and IT Consulting Service Market in North America 2010–2014 (US$ billion)
Exhibit 2: Business and IT Consulting Service Market in North America by Vendor Segmentation 2010
- Deloitte Touche Tohmatsu Ltd.
- PricewaterCoopers
- IBM Corp.
- Science Applications International Corp.
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