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Technology Advisory Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5323134
  • Report
  • May 2021
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • Accenture PLC
  • Booz & Co
  • Deloitte
  • Fujitsu Ltd
  • IBM Corporation
  • KPMG
Technology Advisory Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global technology advisory market as it emerges from the COVID-19 shut down.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:

Where is the largest and fastest growing market for the technology advisory ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Technology Advisor market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider technology advisory market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The technology advisory market section of the report gives context. It compares the technology advisory market with other segments of the technology advisory market by size and growth, historic and forecast.
Scope

Markets Covered:

1) By Services: Application development; Cloud Services; Cybersecurity and Privacy; Data and Analytics; Technology Strategy and Enterprise Architechture; Others 2) By End Use: Banking; Financial Services; Healthcare; IT & telecom; Government; Others

Companies Mentioned: Booz & Co; Deloitte; Bain & Company; The Boston Consulting Group; Accenture PLC

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

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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Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Accenture PLC
  • Booz & Co
  • Deloitte
  • Fujitsu Ltd
  • IBM Corporation
  • KPMG
1. Executive Summary

2. Technology Advisory Market Characteristics

3. Technology Advisory Market Trends and Strategies

4. Impact of COVID-19 on Technology Advisory

5. Technology Advisory Market Size and Growth
5.1. Global Technology Advisory Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Technology Advisory Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market

6. Technology Advisory Market Segmentation
6.1. Global Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Application development
  • Cloud Services
  • Cybersecurity and Privacy
  • Data and Analytics
  • Technology Strategy and Enterprise Architechture
  • Others
6.2. Global Technology Advisory Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Banking
  • Financial Services
  • Healthcare
  • IT & telecom
  • Government
  • Others
7. Technology Advisory Market Regional and Country Analysis
7.1. Global Technology Advisory Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Technology Advisory Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

8. Asia-Pacific Technology Advisory Market
8.1. Asia-Pacific Technology Advisory Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

9. China Technology Advisory Market
9.1. China Technology Advisory Market Overview
9.2. China Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

10. India Technology Advisory Market
10.1. India Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

11. Japan Technology Advisory Market
11.1. Japan Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

12. Australia Technology Advisory Market
12.1. Australia Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

13. Indonesia Technology Advisory Market
13.1. Indonesia Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

14. South Korea Technology Advisory Market
14.1. South Korea Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

15. Western Europe Technology Advisory Market
15.1. Western Europe Technology Advisory Market Overview
15.2. Western Europe Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

16. UK Technology Advisory Market
16.1. UK Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

17. Germany Technology Advisory Market
17.1. Germany Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

18. France Technology Advisory Market
18.3. France Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

19. Eastern Europe Technology Advisory Market
19.1. Eastern Europe Technology Advisory Market Overview
19.2. Eastern Europe Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

20. Russia Technology Advisory Market
20.1. Russia Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

21. North America Technology Advisory Market
21.1. North America Technology Advisory Market Overview
21.2. North America Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

22. USA Technology Advisory Market
22.1. USA Technology Advisory Market Overview
22.2. USA Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

23. South America Technology Advisory Market
23.1. South America Technology Advisory Market Overview
23.2. South America Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

24. Brazil Technology Advisory Market
24.1. Brazil Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

25. Middle East Technology Advisory Market
25.1. Middle East Technology Advisory Market Overview
25.2. Middle East Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

26. Africa Technology Advisory Market
26.1. Africa Technology Advisory Market Overview
26.2. Africa Technology Advisory Market, Segmentation by Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

27. Technology Advisory Market Competitive Landscape and Company Profiles
27.1. Technology Advisory Market Competitive Landscape
27.2. Technology Advisory Market Company Profiles
27.2.1. Booz & Co
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Deloitte
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Bain & Company
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. The Boston Consulting Group
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Accenture PLC
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

29. Key Mergers and Acquisitions in the Technology Advisory Market

29. Technology Advisory Market Future Outlook and Potential Analysis

30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
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FEATURED COMPANIES

  • Accenture PLC
  • Booz & Co
  • Deloitte
  • Fujitsu Ltd
  • IBM Corporation
  • KPMG
Major players in the technology advisory market are Booz & Co, Deloitte, Bain & Company, The Boston Consulting Group, Accenture PLC, Dell Technologies Inc, Fujitsu Ltd, HCL Technologies Limited, Infosys Limited, and KPMG.

The global technology advisory market is expected to grow from $129.52 billion in 2020 to $137.66 billion in 2021 at a compound annual growth rate (CAGR) of 6.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $164.97 billion in 2025 at a CAGR of 4.6%.

The technology advisory market consists of the sales of technology advisory services by entities (organizations, sole traders and partnerships) that provide advisory services to clients to identify, prioritize, design, and manage their investments in a range of advanced technologies. Technology advisory services provide consultancy on developing technology strategies, technology ideation and prototyping, design digital consulting services, and ways to enhance cybersecurity. Only goods and services traded between entities or sold to end consumers are included.

Artificial Intelligence (AI) is a leading trend gaining traction in various business processes. AI is an amalgamation of different technologies that enable the machine to sense, understand, and act. AI helps businesses in identifying and solving business problems and drive measurable business value. AI helps in designing hardware infrastructure - on-premise or cloud-based, ingestion, and analysis of big data, and to enable flexibility of computing resources. For instance, in 2019, Tech Mahindra deployed the first HR humanoid K2 at its Noida campus in India. K2 functions on AI and will take over routine HR processes providing continuous assistance to the HR department to enrich the employee experience. K2 will handle general HR related queries and handle actions for providing tax forms and payslips, enabling the HR team to focus on other important areas in the business. With the improvement in AI technology with every passing day, it is gaining huge importance in data expertise, business processes, and workflow management.

The technology advisory market covered in this report is segmented by services into application development; cloud services; cybersecurity and privacy; data and analytics; technology strategy and enterprise architecture; others and by end-use into banking; financial services; healthcare; IT and telecom; government; others.

In October 2020, Accenture plc, an Ireland-based global professional services company providing services in strategy, consulting, technology, and operations, has acquired SALT Solutions AG, a German technology consultancy for an undisclosed amount. The acquisition is expected to help Accenture plc in building a cloud-based industrial internet-of-things (IoT) platform that will enable the client to reduce quality and wastes issues in the whole supply chain. SALT has deep expertise in manufacturing and supply chain systems complementing Accenture's expertise in cloud solutions and planning systems. The acquisition will help Accenture to expand its digital manufacturing and operations business in Germany. SALT Solutions AG is a German technology consultancy company implementing and maintaining IT systems for a variety of companies across different sectors.

The increasing requirement for simplifying business operating models and IT investment monitoring is a major driver contributing to the growth of the technology advisory market. Technology consulting firms help companies in integrating technology in their business operations and creating better experiences, thereby improving business processes, reducing costs, and maximizing technology-based opportunities. Technology advisory firms also help companies in addressing cybersecurity concerns and keeping data safe. For instance, Louis Vuitton uses technology consulting to create small modules in business and IT strategy, and IT governance to run its operations effectively. In addition to this, companies such as Canon and Samsung have been using technology advice to optimize their operations and reduce IT costs. Technology advisory services help companies in focusing more on core business, accessing the latest technology, and minimizing hardware failure, virus and spyware attack, and database corruption.

Security and reliability concerns are expected to limit the growth of the technology advisory market. Security hacks, illegal surveillance, lack of transparency, misuse of personal data, and algorithmic bias are some key factors that have come along with increased technological advancement. According to Verizon’s 2019 Data Breach Investigations Report, the info-tech sector is highly susceptible to external (44%) and internal (56%) threats, industrial espionage (29%), and financial motives (67%). For instance, State Bank of India (SBI), an Indian public sector bank, suffered a loss of confidential information of its 422 million customers. Organizations today rely very much on applications and IT software to conduct business. Software defects resulting in unauthorized access, and the use of malicious intruders and malicious code to breach the security of the system are adding more to the security and reliability of third-party technology advisory services and hence restraining the market growth.
Note: Product cover images may vary from those shown
  • Fujitsu Ltd
  • HCL Technologies Limited
  • Infosys Limited
  • Dell Technologies Inc
  • KPMG
  • IBM Corporation
  • Tata Consultancy Services Limited
  • Ernst & Young (EY)
  • McKinsey & Company
  • Oracle Consulting
  • The Boston Consulting Group
  • Bain & Company
  • Deloitte
  • Booz & Co
  • Accenture PLC
Note: Product cover images may vary from those shown

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