Global CPA and Management Consulting Services Market Size, Share and Trends Analysis Report, By Type (Management Information, Cost Systems, and Controls, Financial Analysis, Systems Design and Implementation, Business Valuations, Operational Audits, and Assistance in The Loan Process), By Application (Individuals, Businesses, Financial Institutions, Nonprofit Organizations, and Government Agencies), Forecast (2022-2028)

The global CPA and management consulting services market are anticipated to grow at a significant CAGR of 5.1% during the forecast period (2022-2028). The market is growing due to the increased demand for tax planning advice and fiscal knowledge in business solutions. Small and medium-sized businesses are growing, which opens up new potential for consulting firms. This market’s growth is fueled by increased industrialization and government-funded infrastructure initiatives.

The market players can assist enterprises to improve their performance by providing business valuation services and process design consultation services. Artificial intelligence, machine learning, and robots are some of the technological advancements that are challenging business models and necessitate consulting services. Two significant areas for opportunities in CPA and management consulting firms are organizational effectiveness and structural recommendations.

In addition, large consultants have adopted a digital marketing approach to enhance their services. In September 2018, Capgemini integrated its management consulting, digital, and creative businesses into a single brand. Capgemini Invent is a new advisory firm that brings together the expertise of Capgemini Consulting, LiquidHub, Fahrenheit 212, Idean, Adaptive Lab, and Bakelite to build an advisory organization with over 6,000 consultants in over 30 offices and 10 creative studios throughout the globe.

Due to the presence of some of the most well-known consulting companies that cater to a wide range of end-user verticals, North America region holds the largest share in the market. Companies are turning towards management consulting firms for seeking help in their financial operations across the region due to the highly unpredictable economic conditions, as well as ongoing government regulation reforms. Leading consulting firms in the region, including PricewaterhouseCoopers, IBM, Deloitte, and BCG, are implementing digital transformation into their business models, allowing them to serve a wide range of end-user domains.

In addition, new business models such as network-based consulting and crowdsourcing are gaining traction in management consulting and are being implemented by new players, resulting in increased demand for management consulting services over the projection period.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- DYN-ACC, Cundiff & Associates, CPA, P.C., Kline & Co., Greene Dycus & Co.,and ROSS BUEHLER FALK & CO., LLP, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global CPA and Management Consulting Services Market Report by Segment

By Type

• Management Information
• Cost Systems, and Controls
• Financial Analysis
• Systems Design and Implementation
• Business Valuations
• Operational Audits
• Assistance in The Loan Process

By Application

• Individuals
• Businesses
• Financial Institutions
• Nonprofit Organizations

Global CPA and Management Consulting Services Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa