The Latin America, Middle East and Africa Strategy Consulting Market would witness market growth of 13.8% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Strategy Consulting Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,041.2 million by 2031. The Argentina market is showcasing a CAGR of 14.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 13.4% during (2024 - 2031).
The market for strategy consulting is expanding as a result of a number of major factors, one of which is the increased demand for company transformation. Companies across various industries face unprecedented changes due to technological advancements and shifting consumer preferences. To navigate these changes successfully, businesses require expert guidance to develop and implement effective strategies. Strategy consultants provide valuable insights and frameworks that help organizations restructure their operations, adopt new technologies, and improve their competitive positioning.
Similarly, environmental regulations are becoming more stringent as governments respond to climate change and environmental degradation. Companies are required to adhere to regulations such as the European Green Deal and the Paris Agreement, which aim to reduce carbon emissions and promote sustainable practices. Strategy consultants assist businesses in assessing their environmental impact, developing sustainability strategies, and implementing eco-friendly practices that comply with these regulations.
Latin American countries are undergoing significant economic reforms and market liberalization, aiming to attract foreign investments and stimulate economic growth. Countries like Brazil are implementing policies to open their markets, reduce trade barriers, and enhance business environments. These reforms demand strategy consulting services as businesses seek guidance on navigating regulatory changes, optimizing operations, and expanding their market presence. These changes are perceivable in the region's evolving merger and acquisition (M&A) industry. For example, according to the Institute for Mergers, Acquisitions and Alliances (IMAA), for the first seven months of 2023, approximately 55 announced deals with a total value of 3.15 billion USD in Argentina. Moreover, according to IMAA, 689 M&A deals were announced in Brazil in 2022, totaling 47.4 billion USD. From January to July 2023, 292 M&A deals were announced in Brazil, totaling approximately 16.4 billion USD. Thus, the factors mentioned above will successfully aid in expanding the regional strategy consulting market throughout the forecast period.
Free Valuable Insights: The Worldwide Strategy Consulting Market is Projected to reach USD 94.2 Billion by 2031, at a CAGR of 11.3%
Based on Service Type, the market is segmented into Corporate Strategy, Business Model Transformation, Mergers & Acquisitions, Economic Policy, Organizational Strategy, Strategy & Operations, Functional Strategy and Digital Strategy. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Energy & Utilities, Manufacturing, Healthcare & Pharma, Government & Public Sector, Retail & Ecommerce, and Others.Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Marsh & McLennan Companies, Inc.(Oliver Wyman, LLC )
- A.T. Kearney Holdings Limited
- Bain & Company, Inc.
- Ernst & Young Global Limited
- Deloitte Touche Tohmatsu Limited
- Boston Consulting Group
- Pricewaterhousecoopers LLP (PwC)
- McKinsey & Company
- Accenture PLC
LAMEA Strategy Consulting Market Report Segmentation
By Service Type
- Corporate Strategy
- Business Model Transformation
- Mergers & Acquisitions
- Economic Policy
- Organizational Strategy
- Strategy & Operations
- Functional Strategy
- Digital Strategy
By Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises
By Industry Vertical
- BFSI
- IT & Telecom
- Energy & Utilities
- Manufacturing
- Healthcare & Pharma
- Government & Public Sector
- Retail & Ecommerce
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Strategy Consulting Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Strategy Consulting Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Strategy Consulting Market by Service Type, 2020 - 2023, USD Million
TABLE 4 LAMEA Strategy Consulting Market by Service Type, 2024 - 2031, USD Million
TABLE 5 LAMEA Corporate Strategy Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Corporate Strategy Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Business Model Transformation Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Business Model Transformation Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Mergers & Acquisitions Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Mergers & Acquisitions Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Economic Policy Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Economic Policy Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Organizational Strategy Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Organizational Strategy Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Strategy & Operations Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Strategy & Operations Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Functional Strategy Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Functional Strategy Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Digital Strategy Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Digital Strategy Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Strategy Consulting Market by Organization Size, 2020 - 2023, USD Million
TABLE 22 LAMEA Strategy Consulting Market by Organization Size, 2024 - 2031, USD Million
TABLE 23 LAMEA Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Small & Medium-sized Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Small & Medium-sized Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Strategy Consulting Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 28 LAMEA Strategy Consulting Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 29 LAMEA BFSI Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA BFSI Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Energy & Utilities Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Energy & Utilities Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 36 LAMEA Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 37 LAMEA Healthcare & Pharma Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Healthcare & Pharma Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Government & Public Sector Market by Country, 2020 - 2023, USD Million
TABLE 40 LAMEA Government & Public Sector Market by Country, 2024 - 2031, USD Million
TABLE 41 LAMEA Retail & Ecommerce Market by Country, 2020 - 2023, USD Million
TABLE 42 LAMEA Retail & Ecommerce Market by Country, 2024 - 2031, USD Million
TABLE 43 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 44 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 45 LAMEA Strategy Consulting Market by Country, 2020 - 2023, USD Million
TABLE 46 LAMEA Strategy Consulting Market by Country, 2024 - 2031, USD Million
TABLE 47 Brazil Strategy Consulting Market, 2020 - 2023, USD Million
TABLE 48 Brazil Strategy Consulting Market, 2024 - 2031, USD Million
TABLE 49 Brazil Strategy Consulting Market by Service Type, 2020 - 2023, USD Million
TABLE 50 Brazil Strategy Consulting Market by Service Type, 2024 - 2031, USD Million
TABLE 51 Brazil Strategy Consulting Market by Organization Size, 2020 - 2023, USD Million
TABLE 52 Brazil Strategy Consulting Market by Organization Size, 2024 - 2031, USD Million
TABLE 53 Brazil Strategy Consulting Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 54 Brazil Strategy Consulting Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 55 Argentina Strategy Consulting Market, 2020 - 2023, USD Million
TABLE 56 Argentina Strategy Consulting Market, 2024 - 2031, USD Million
TABLE 57 Argentina Strategy Consulting Market by Service Type, 2020 - 2023, USD Million
TABLE 58 Argentina Strategy Consulting Market by Service Type, 2024 - 2031, USD Million
TABLE 59 Argentina Strategy Consulting Market by Organization Size, 2020 - 2023, USD Million
TABLE 60 Argentina Strategy Consulting Market by Organization Size, 2024 - 2031, USD Million
TABLE 61 Argentina Strategy Consulting Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 62 Argentina Strategy Consulting Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 63 UAE Strategy Consulting Market, 2020 - 2023, USD Million
TABLE 64 UAE Strategy Consulting Market, 2024 - 2031, USD Million
TABLE 65 UAE Strategy Consulting Market by Service Type, 2020 - 2023, USD Million
TABLE 66 UAE Strategy Consulting Market by Service Type, 2024 - 2031, USD Million
TABLE 67 UAE Strategy Consulting Market by Organization Size, 2020 - 2023, USD Million
TABLE 68 UAE Strategy Consulting Market by Organization Size, 2024 - 2031, USD Million
TABLE 69 UAE Strategy Consulting Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 70 UAE Strategy Consulting Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 71 Saudi Arabia Strategy Consulting Market, 2020 - 2023, USD Million
TABLE 72 Saudi Arabia Strategy Consulting Market, 2024 - 2031, USD Million
TABLE 73 Saudi Arabia Strategy Consulting Market by Service Type, 2020 - 2023, USD Million
TABLE 74 Saudi Arabia Strategy Consulting Market by Service Type, 2024 - 2031, USD Million
TABLE 75 Saudi Arabia Strategy Consulting Market by Organization Size, 2020 - 2023, USD Million
TABLE 76 Saudi Arabia Strategy Consulting Market by Organization Size, 2024 - 2031, USD Million
TABLE 77 Saudi Arabia Strategy Consulting Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 78 Saudi Arabia Strategy Consulting Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 79 South Africa Strategy Consulting Market, 2020 - 2023, USD Million
TABLE 80 South Africa Strategy Consulting Market, 2024 - 2031, USD Million
TABLE 81 South Africa Strategy Consulting Market by Service Type, 2020 - 2023, USD Million
TABLE 82 South Africa Strategy Consulting Market by Service Type, 2024 - 2031, USD Million
TABLE 83 South Africa Strategy Consulting Market by Organization Size, 2020 - 2023, USD Million
TABLE 84 South Africa Strategy Consulting Market by Organization Size, 2024 - 2031, USD Million
TABLE 85 South Africa Strategy Consulting Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 86 South Africa Strategy Consulting Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 87 Nigeria Strategy Consulting Market, 2020 - 2023, USD Million
TABLE 88 Nigeria Strategy Consulting Market, 2024 - 2031, USD Million
TABLE 89 Nigeria Strategy Consulting Market by Service Type, 2020 - 2023, USD Million
TABLE 90 Nigeria Strategy Consulting Market by Service Type, 2024 - 2031, USD Million
TABLE 91 Nigeria Strategy Consulting Market by Organization Size, 2020 - 2023, USD Million
TABLE 92 Nigeria Strategy Consulting Market by Organization Size, 2024 - 2031, USD Million
TABLE 93 Nigeria Strategy Consulting Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 94 Nigeria Strategy Consulting Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 95 Rest of LAMEA Strategy Consulting Market, 2020 - 2023, USD Million
TABLE 96 Rest of LAMEA Strategy Consulting Market, 2024 - 2031, USD Million
TABLE 97 Rest of LAMEA Strategy Consulting Market by Service Type, 2020 - 2023, USD Million
TABLE 98 Rest of LAMEA Strategy Consulting Market by Service Type, 2024 - 2031, USD Million
TABLE 99 Rest of LAMEA Strategy Consulting Market by Organization Size, 2020 - 2023, USD Million
TABLE 100 Rest of LAMEA Strategy Consulting Market by Organization Size, 2024 - 2031, USD Million
TABLE 101 Rest of LAMEA Strategy Consulting Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 102 Rest of LAMEA Strategy Consulting Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 103 Key Information – Marsh & McLennan Companies, Inc.
TABLE 104 Key Information – A.T. Kearney Holdings Limited
TABLE 105 Key Information – Bain & Company, Inc.
TABLE 106 Key Information – Ernst & Young Global Limited
TABLE 107 Key Information – Deloitte Touche Tohmatsu Limited
TABLE 108 Key Information – Boston Consulting Group
TABLE 109 Key Information – Pricewaterhousecoopers LLP
TABLE 110 Key Information – McKinsey & Company
TABLE 111 Key Information – Accenture PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Strategy Consulting Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Strategy Consulting Market
FIG 4 Porter’s Five Forces Analysis – Strategy Consulting Market
FIG 5 LAMEA Strategy Consulting Market share by Service Type, 2023
FIG 6 LAMEA Strategy Consulting Market share by Service Type, 2031
FIG 7 LAMEA Strategy Consulting Market by Service Type, 2020 - 2031, USD Million
FIG 8 LAMEA Strategy Consulting Market share by Organization Size, 2023
FIG 9 LAMEA Strategy Consulting Market share by Organization Size, 2031
FIG 10 LAMEA Strategy Consulting Market by Organization Size, 2020 - 2031, USD Million
FIG 11 LAMEA Strategy Consulting Market share by Industry Vertical, 2023
FIG 12 LAMEA Strategy Consulting Market share by Industry Vertical, 2031
FIG 13 LAMEA Strategy Consulting Market by Industry Vertical, 2020 - 2031, USD Million
FIG 14 LAMEA Strategy Consulting Market share by Country, 2023
FIG 15 LAMEA Strategy Consulting Market share by Country, 2031
FIG 16 LAMEA Strategy Consulting Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: Ernst & Young Global Limited
FIG 18 SWOT Analysis: Deloitte Touche Tohmatsu Limited
FIG 19 SWOT Analysis: Boston Consulting Group
FIG 20 SWOT Analysis: Pricewaterhousecoopers LLP (PwC)
FIG 21 SWOT Analysis: Accenture PLC