In the digital era, well designed, well-informed, and activated business strategies are very crucial and inevitable for any business, thus generating the need of digital transformation consulting market. Digitization alters the consumer needs and behavior, as a ripple effect, the nature of business and competition also needs to change at a great speed and scale. Digital strategy consulting services helps in building enterprise leadership and business goals, talent requirements, business structure and organizational models, and data & technology primacies necessary to execute a business successfully. While efficiency remained a top priority for investments in digital, the major driving force behind digital investments was the requirement for growth.

Ongoing trends of simplification of operating models and simplification of processes engenders the demand for consulting services in the digital transformation age is expected to drive the global market during the forecast period. The similar demand traction in digital transformation consulting is anticipated to be observed after the forecast period as well. Additionally, migration of traditional IT infrastructure to the new age mobile computing solutions and IT infrastructure migration to cloud infrastructure and digital infrastructure are some of the important drivers responsible for the boom in digital transformation consulting market globally. However, data safety and reliability anxieties among the customers are anticipated to work as a restraint in the growth of global digital transformation consulting market across.

The global IT consultancy services market is segmented based on type of service, enterprise size, and end use industry. The services type segment is classified as professional services and managed or outsourced services. Based on enterprise size, the digital transformation consulting market is categorized into small & medium sized enterprises and large enterprises. Large enterprises are expected to hold a dominant share in the market while small & medium sized enterprises are expected to have a relatively small share at present, however, it is expected to grow at a decent rate. The end use industry segment of digital transformation consulting market is sub segmented into transportation and logistics, banking financial services and insurance (BFSI), healthcare and pharmaceuticals, oil & gas, manufacturing, IT & telecom, automotive, government & defense, and others which includes chemicals, education.

Currently, the ‘big four’ professional service firms including Deloitte LLP, Ernst & Young, KPMG International and PricewaterhouseCoopers LLP collectively hold majority of shares in the global digital transformation consulting market. While firms with a strong technology and strategy services background, seems to be well-placed for the next phase of the digital transformation consulting market. However, Deloitte is anticipated to be holding more of such consulting work than any other global consulting firm in market.

The global digital transformation consulting market based on geography, is segmented into five regions which include North America, Europe, Middle East &Africa (MEA), Asia Pacific, and South America. The demographic analysis across the different regions of the world is anticipated to show North America as the largest region contributing to the revenue generation of the global digital transformation consulting market. Europe is anticipated to observe a significant market share during the forecast period. Asia Pacific is also expected to witness a remarkable growth during the forecast period owing to the large amount to transformations happening across the region in each industry. Furthermore, Middle East & Africa and South America are expected to show steady growth in the coming years. The global Digital transformation consulting market, analysis across major counties of the above mentioned regions include Canada, the U.S., U.K., France, Germany, Italy, China, India, GCC countries, South Africa, and Brazil.

Players operating in the digital transformation consulting market provide advanced and scalable services in domestic and international markets. Some of these major players include Accenture plc, Capgemini Services, Bain & Company, Inc., SAS Institute Inc., Computer Sciences Corporation, Deloitte LLP, Dell EMC, Ernst & Young, Hewlett Packard Enterprise, Globant S.A., IBM Corporation, KPMG International, McKinsey & Company, Kurt Salmon Associates, Mercer LLC, PricewaterhouseCoopers LLP, Oracle Corporation, Publicis Groupe SA, Inc., The Boston Consulting Group, Inc.,, and Wipro Limited.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Digital Transformation Consulting Market

Pre Book