The strategy consulting market attained a value of USD 49.51 Billion in 2025. The market is expected to grow at a CAGR of 8.10% during the forecast period of 2026-2035. By 2035, the market is expected to reach USD 107.88 Billion.
Digital transformation is a major driver of the strategy consulting industry. As companies increasingly adopt technologies, such as AI, cloud computing, and automation, they require expert guidance to redesign their business models, operations, and customer experiences. Consultants help firms build digital roadmaps, implement tech solutions, and measure ROI. For instance, in June 2025, Accenture consolidating five key business lines into a unified unit called Reinvention Services to rapidly embed generative AI into client solutions and deliver integrated transformation. Digital transformation consulting also facilitates cybersecurity, data governance, and IT modernization, ensuring clients stay competitive in a tech-driven economy.
The strategy consulting market dynamics is influenced by the surge in specialized, boutique consultancies that offer deep domain expertise in digital health, fintech, or climate strategy. In September 2024, a Sydney-based boutique advisory firm Forty 2 Strategy was founded to focus on providing independent advisory in strategy, business improvement, and value creation to boards and senior executives. As larger firms compete, many are acquiring or partnering with boutiques to extend capabilities. This shift encourages innovation in service delivery and fosters competition, driving growth and diversification within the strategy consulting ecosystem.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
8.1%
Value in USD Billion
2026-2035
*this image is indicative*
The rise of generative AI and predictive analytics is reshaping the strategy consulting industry outlook by enabling faster, more precise decision-making and personalized client solutions. Firms leverage AI to automate data analysis, simulate future scenarios, and generate innovative strategies tailored to specific business challenges. In March 2025, Accenture invested in Aaru, an AI-powered prediction engine that simulates consumer behaviour using multi-agent AI systems. This technological advancement enhances the ability of consultants to uncover hidden insights, optimize operational efficiency, and forecast market trends with greater accuracy.
With rising environmental, social, and governance (ESG) expectations, businesses are turning to strategy consultants to craft sustainable models and align with global standards. Firms help clients integrate ESG into core operations, develop net-zero strategies, and respond to investor pressure. In February 2023, BCG partnered with the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping to launch an ESG Playbook for Shipping for guiding shipowners on decarbonization strategies. As sustainability becomes a growth enabler, it fuels long-term demand for ESG-oriented consulting solutions across energy, retail, and financial services.
The rise in merger & acquisition (M&A) activities continues to drive the strategy consulting market as organizations seek growth, synergy, and market consolidation. In July 2024, Sia Partners expanded its global footprint by acquiring Notion Consulting and Ready Set Rocket to enhance its capabilities in digital transformation and marketing strategy. Consultants provide also due diligence, integration planning, and portfolio optimization services. Recent economic volatility has further prompted companies to reassess their portfolios, leading to divestitures and strategic reshuffling.
The rise of hybrid and remote work models has shifted how organizations structure operations, manage talent, and design workplaces. According to the Pew Research Center, 14% of the United States workforce, accounting for 22 million adults, worked from home in 2023. Strategy consulting includes advising on workforce planning, digital collaboration tools, and productivity measurement. This driver reflects a broader shift in how business performance and employee well-being intersect, further requiring strategic guidance to balance cost-efficiency with cultural alignment and innovation.
As businesses pursue growth beyond saturated home markets, the strategy consulting industry value is growing with higher assistance in evaluating and executing global expansion strategies. Emerging markets, including Latin America and the GCC, present significant consulting opportunities due to infrastructure growth, demographic trends, and digital acceleration. In June 2025, Synergy Consulting established its first Latin American office in Mexico, strengthening its role in regional economic development. Localization and market-specific customization are also key areas where consultants support global expansion plans.
The EMR’s report titled “Strategy Consulting Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Service
Key Insight: Corporate strategy remains the most dominant segment in the strategy consulting market. Major consulting firms specialize in this area, advising Fortune 500 companies on market entry, growth, and diversification strategies. As businesses navigate global competition, ESG mandates, and shifting customer preferences, corporate strategy remains central to driving sustainable performance and shareholder value in finance, manufacturing, and technology. In April 2025, Alvarez & Marsal launched its Corporate Finance practice in Germany, marking a significant milestone in the firm's European expansion.
Market Breakup by Organisation Size
Key Insight: Large enterprises are driving the strategy consulting industry value due to their complex structures, global operations, and substantial budgets for advisory services. These organizations require consulting to navigate market expansion, digital transformation, mergers and acquisitions, and regulatory compliance. In June 2025, Ernst & Young (EY) launched EY Studio+, a new business unit consolidating its design, marketing, sales, and customer experience technology services. The scale and complexity of large enterprises generate demand for multi-disciplinary consulting teams, making them the primary clientele for top-tier firms.
Market Breakup by End Use
Key Insight: BFSI is a major end user in the strategy consulting market due to rapid digitalization, regulatory pressures, and innovation in fintech. Major consultancies advise global banks and insurers on digital transformation, cybersecurity, risk management, and compliance. In October 2022, Fincog supported two banks with strategy development and new product launches, enhancing market positioning and customer experience. Consulting demand is also driven by mergers & acquisitions, ESG integration, and AI adoption. With rising competition from fintech startups and evolving customer expectations, BFSI clients rely heavily on strategic consultants to stay competitive, efficient, and compliant.
Market Breakup by Region
Key Insight: North America leads the strategy consulting market, driven by its large concentration of Fortune 500 companies, robust demand for digital transformation, and regulatory compliance advisory. The financial services, healthcare, and technology sectors heavily rely on consultants for innovation, risk management, and strategic growth. In January 2025, global consulting firm Teneo launched a Houston office to advise on energy transition and infrastructure strategy, leveraging regional industry expertise. The region’s early adoption of AI, data analytics, and ESG integration further strengthens its dominance, with ongoing investments in automation and sustainability-focused consulting.
Business Model Transformation & Digital Strategy to Gain Traction
Business model transformation is a key growth segment of the strategy consulting industry, driven by digital disruption, evolving customer expectations, and new revenue paradigms. Consulting firms assist clients in redefining how they create, deliver, and capture value. With retail, banking, and automotive sectors undergoing rapid shifts, strategy consultants play a vital role in guiding legacy businesses through transformation. The accelerated demand for resilient, digital-first models is further making this segment essential to organizational survival and growth in today's dynamic market landscape.
Digital strategy has gained significant traction in the strategy consulting market as organizations prioritize digitization, data, and emerging technologies, such as AI and blockchain. In July 2025, Indian IT services company Wipro steered its strategic focus towards becoming a consulting-led and AI-powered organization. Strategy consultants help define roadmaps for digital transformation, customer experience, and innovation. As digital ecosystems become central to competitive advantage, especially in retail, finance, and media, digital strategy consulting plays a key role in enabling clients to adapt, innovate, and scale effectively.
Small and Medium Enterprises to Boost Strategy Consulting Uptake
Small and medium enterprises (SMEs) constitute a major share of the strategy consulting market due to increased recognition of the value of strategic advice for scaling and competitiveness. SMEs seek affordable, specialized consulting on market entry, business model innovation, and operational efficiency. Firms have introduced tailored packages and digital consulting platforms targeting SMEs, making them an important emerging market segment. For instance, in February 2025, Grant Thornton UK LLP launched its Entrepreneurial and SME Services team offering fast-growth businesses tailored financial and strategic advisory.
Thriving Strategy Consulting Application in IT and Telecommunication & Manufacturing
The IT and telecommunication sector is fostering the strategy consulting industry revenue, especially as firms adopt 5G, cloud computing, AI, and digital infrastructure. Strategy consultants support players like AT&T and Vodafone in network monetization, platform ecosystems, and market expansion. With the rise of data privacy regulations, cyber threats, and technological convergence, strategy consulting in this sector focuses on digital transformation, innovation management, and resilience. This is making the segment one of the most dynamic and innovation-driven consulting domains globally.
The manufacturing segment leads the strategy consulting market for operational efficiency, Industry 4.0 adoption, supply chain resilience, and globalization strategies. Firms assist manufacturing giants in lean transformation and digital twin implementation. In February 2025, a leading publicly traded GCC industrial manufacturer partnered with Caliber Consulting to redefine strategy, governance, and diversification, enabling sustained competitive growth. As manufacturers face volatile costs, trade tensions, and automation demands, consulting firms support them in redefining operating models, technology integration, and workforce strategies. This makes manufacturing a core consulting vertical with strong global demand.
Rising Strategy Consulting Demand in Europe & Asia Pacific
Europe strategy consulting industry is supported by strong demand across manufacturing, energy, finance, and public sector reform. Leading firms provide regional and cross-border advisory services. The post-Brexit regulatory landscape, digital transformation in European Union (EU) economies, and growing ESG mandates have increased demand for consultants. The EU Green Deal, which has prompted organizations to seek guidance on sustainable transition strategies. Additionally, the rise of digital sovereignty and ethical AI are creating new consulting avenues, making Europe a critical but complex consulting landscape.
Asia Pacific is the fastest-growing strategy consulting market. China, India, Japan, and Southeast Asia are rapidly digitizing, urbanizing, and expanding consumer markets, creating strong demand for strategic expertise. As per the UN-Habitat, Asia’s urban population is expected to rise with an additional 1.2 billion people by the end of 2050. Global firms, alongside regional players are expanding footprints. The rise of regional trade agreements, evolving regulatory environments, and infrastructure megaprojects in Indonesia and Vietnam further fuel consulting opportunities.
Key players in the strategy consulting market are employing several key strategies to remain competitive and deliver value to clients. With digital transformation consulting, firms guide businesses in adopting advanced technologies, such as AI, big data, and cloud computing to enhance operations and customer experiences. Sustainability and ESG advisory are also a growing focus, helping clients meet regulatory requirements and stakeholder expectations around environmental impact and corporate responsibility. Customization of services to industry-specific challenges enhances relevance and client loyalty.
Consulting firms also prioritize data-driven decision-making, using advanced analytics to provide actionable insights. They support clients in mergers and acquisitions, including due diligence, integration planning, and post-merger optimization. Vital strategy is helping companies implement agile and resilient business models to adapt to market volatility and global disruptions. Additionally, strategy consultants invest heavily in talent development and global expansion to access new markets. Emphasizing long-term partnerships and value creation, rather than one-off projects, also strengthens their competitive edge.
Founded in 1987 and headquartered in Amstelveen, Netherlands, KPMG is a leading global professional services firm that excels in audit, tax, and advisory services. KPMG is recognized for innovations in digital auditing and sustainability consulting, using AI and advanced analytics to improve risk assessment and business transformation strategies.
Established in 1845 and based in London, the United Kingdom, Deloitte is one of the "Big Four" accounting firms known for pioneering work in digital transformation, cybersecurity, and AI integration. Deloitte’s achievements include consistent global leadership in consulting revenue and investments in climate change solutions and technology-driven business modernization.
Accenture, formed in 1989 and headquartered in Dublin, Ireland, is renowned for its technology-focused consulting services as it leads in cloud migration, AI deployment, and digital strategy. Accenture’s major accomplishments include partnerships with tech giants and launching platforms to accelerate business transformation across industries globally.
Founded in 1926 and headquartered in New York City, the United States, McKinsey is a premier global management consulting firm known for its strategic expertise and influence corporate and government decisions. McKinsey has invested heavily in advanced analytics, digital labs, and sustainability, driving innovation in complex problem-solving and organizational strategy.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players in the strategy consulting market are Boston Consulting Group, Inc., Bain & Company, Inc., PricewaterhouseCoopers International Limited, Ernst & Young Global Limited, Toptal, LLC, and Oliver Wyman, LLC, among others.
Discover the latest strategy consulting market trends 2026 with our expert-crafted research report. Gain access to in-depth data, industry-specific insights, and forward-looking forecasts to support your business strategy. Download a free sample today and stay ahead in a rapidly evolving consulting landscape. Make informed decisions with Expert Market Research.
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In 2025, the market reached an approximate value of USD 49.51 Billion.
The market is projected to grow at a CAGR of 8.10% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 107.88 Billion by 2035.
The key strategies driving the market include digital transformation, sustainability integration, data-driven decision-making, globalization support, and agile business models. Firms focus on innovation, M&A advisory, regulatory compliance, and operational efficiency. Tailored industry insights and client-centric solutions also enhance competitiveness, fuelling demand across finance, healthcare, and technology.
The key trends fuelling the growth of the market include rising adoption of digital approaches for development of intuitive business solutions and rapid industrialisation and digitalisation.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses of strategy consulting include IT and telecommunication, BFSI, energy and utilities, healthcare and pharmaceuticals, manufacturing, government, and retail and e-commerce, among others.
The key players in the market report include KPMG International Limited, Deloitte Touche Tohmatsu Limited, Accenture PLC, McKinsey & Company, Boston Consulting Group, Inc., Bain & Company, Inc., PricewaterhouseCoopers International Limited, Ernst & Young Global Limited, Toptal, LLC, and Oliver Wyman, LLC, among others.
Filter coffee machines remain the most dominant segment in the market due to their affordability, ease of use, and ability to brew multiple cups simultaneously.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Service |
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| Breakup by Organisation Size |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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