Market Overview:
The global financial service consulting market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing demand for financial services consulting from various end-use industries, such as BFSI, healthcare, telecom and IT, government and public utilities, retail, and real estate. In addition, the growing need for risk management and forensic services is also propelling the growth of the global financial service consulting market. However, lack of awareness about financial service consulting solutions among small businesses may restrain the growth of this market during the forecast period. On the basis of type, corporate finance accounted for a major share in 2017 and is projected to maintain its dominance during 2018-2030 owing to its ability to provide comprehensive solutions such as M&A advisory services,, capital raising,, debt restructuring,, private equity placement,, etc., which are essential for business expansion or turnaround. Transaction services was another key segment in 2017 due its ability help clients reduce costs related with processing payments,. settling transactions,.and reducing risks associated with cross-border payments by providing innovative payment technologies across geographies. Restructuring held significant share in 2017 on account on rising number bankruptcy filings across developed economies. Risk management accounted for around one-fourth share in 2017 due increased focus by organizations on mitigating operational risks that could impact their businesses adversely.
Product Definition:
A financial service consulting company is a professional services firm that provides advice to clients on financial planning and investment management. Financial service consultants help their clients make informed decisions about their finances by providing expert analysis of the current market conditions and potential investments. They also provide guidance on retirement planning, estate planning, and other financial matters. Financial service consulting firms are important because they can help individuals and businesses make sound investment decisions that will improve their overall financial situation.
Corporate Finance:
Corporate finance is the field that deals with financing decisions of a company. It includes analysis of financial statement, business plan, and market conditions to make decisions on raising capital or credit by a company. Corporate finance consultants help in analyzing various options for funding and investing money along with their risks and returns. They also help in structuring financial transactions such as mergers & acquisitions, loans among other things to boost the growth of organizations through sound decision-making process.
Transaction Services:
Transaction services are used by financial service consulting firms to manage their transaction processing. It helps them in managing customer transactions, recording sales and purchases, tracking cash flow and analyzing accounting data. These services help the financial consultants in providing high-quality of client service along with quick access to information which is very much necessary for today's business environment.
Application Insights:
The banking, financial services, and insurance (BFSI) segment accounted for the largest revenue share in 2016. The growth of this segment is attributed to the increasing demand for advice on mergers & acquisitions, divestments and strategic alliances, capital structure decisions including raising debt or equity financing among others.
The healthcare industry has been growing significantly over the past few years owing to an increase in investments in medical technology R&D as well as pharmaceutical companies' focus on improving clinical efficiency. This trend is expected to continue over the forecast period thereby fueling upmarket growth of various financial service consulting firms operating in this sector. However; a decrease in government funding towards healthcare due to stringent economic conditions will have a negative impact on market growth during the forecast period 2017-2030 (viewed 1860).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to increasing demand for financial advisory services from various industries, such as manufacturing, healthcare and insurance. Moreover, rising adoption of cloud technology by banks is also likely to drive growth in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to an increase in foreign direct investments (FDI) and cross-border trade among Asian countries. This will lead to a rise in demand for risk management services among businesses operating across different sectors within Asia Pacific economies including China and India amongst others). In addition, growing middle-class populations across emerging markets of India and China are increasingly becoming consumers of financial products such as deposits accounts, loans etc., which will further boost revenue generation from Financial Service Consulting activities within Asia Pacific economies including China & India amongst others).
Growth Factors:
- Increasing demand for financial services consulting from small and medium-sized businesses (SMBs)
- Rapid technological advancements in the financial sector
- The globalization of the economy and the resulting increase in cross-border transactions
- The increasing complexity of financial regulations and compliance requirements
- The growing demand for risk management consulting services
Scope Of The Report
Report Attributes
Report Details
Report Title
Financial Service Consulting Market Research Report
By Type
Corporate Finance, Transaction Services, Restructuring, Risk Management, Forensics and Litigation
By Application
BFSI, Healthcare, Telecom and IT, Government and Public Utilities, Retail, Real Estate
By Companies
McKinsey & Company, Bain & Company, KPMG, Deloitte, Centric Consulting, PA Knowledge, L.E.K. Consulting, Ernst & Young, Boston Consulting, Capco, Delta Capita, BearingPoint, Alvarez & Marsal, Innopay, Elixirr International, Projective, Mazars, NEXTCONTINENT, CCG Catalyst, Korn Ferry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Financial Service Consulting Market Report Segments:
The global Financial Service Consulting market is segmented on the basis of:
Types
Corporate Finance, Transaction Services, Restructuring, Risk Management, Forensics and Litigation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Healthcare, Telecom and IT, Government and Public Utilities, Retail, Real Estate
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- McKinsey & Company
- Bain & Company
- KPMG
- Deloitte
- Centric Consulting
- PA Knowledge
- L.E.K. Consulting
- Ernst & Young
- Boston Consulting
- Capco
- Delta Capita
- BearingPoint
- Alvarez & Marsal
- Innopay
- Elixirr International
- Projective
- Mazars
- NEXTCONTINENT
- CCG Catalyst
- Korn Ferry
Highlights of The Financial Service Consulting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Corporate Finance
- Transaction Services
- Restructuring
- Risk Management
- Forensics and Litigation
- By Application:
- BFSI
- Healthcare
- Telecom and IT
- Government and Public Utilities
- Retail
- Real Estate
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Financial Service Consulting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Financial Service Consulting is a type of consulting that helps businesses with their financial planning and analysis. Financial consultants may also offer advice on investments, estate planning, and other financial matters.
Some of the major companies in the financial service consulting market are McKinsey & Company, Bain & Company, KPMG, Deloitte, Centric Consulting, PA Knowledge, L.E.K. Consulting, Ernst & Young, Boston Consulting, Capco, Delta Capita, BearingPoint, Alvarez & Marsal, Innopay, Elixirr International, Projective, Mazars, NEXTCONTINENT, CCG Catalyst, Korn Ferry.
The financial service consulting market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Financial Service Consulting Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Financial Service Consulting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Financial Service Consulting Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Financial Service Consulting Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Financial Service Consulting Market Size & Forecast, 2018-2028
4.5.1 Financial Service Consulting Market Size and Y-o-Y Growth
4.5.2 Financial Service Consulting Market Absolute $ Opportunity
Chapter 5 Global Financial Service Consulting Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Financial Service Consulting Market Size Forecast by Type
5.2.1 Corporate Finance
5.2.2 Transaction Services
5.2.3 Restructuring
5.2.4 Risk Management
5.2.5 Forensics and Litigation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Financial Service Consulting Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Financial Service Consulting Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Healthcare
6.2.3 Telecom and IT
6.2.4 Government and Public Utilities
6.2.5 Retail
6.2.6 Real Estate
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Financial Service Consulting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Financial Service Consulting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Financial Service Consulting Analysis and Forecast
9.1 Introduction
9.2 North America Financial Service Consulting Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Financial Service Consulting Market Size Forecast by Type
9.6.1 Corporate Finance
9.6.2 Transaction Services
9.6.3 Restructuring
9.6.4 Risk Management
9.6.5 Forensics and Litigation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Financial Service Consulting Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Healthcare
9.10.3 Telecom and IT
9.10.4 Government and Public Utilities
9.10.5 Retail
9.10.6 Real Estate
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Financial Service Consulting Analysis and Forecast
10.1 Introduction
10.2 Europe Financial Service Consulting Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Financial Service Consulting Market Size Forecast by Type
10.6.1 Corporate Finance
10.6.2 Transaction Services
10.6.3 Restructuring
10.6.4 Risk Management
10.6.5 Forensics and Litigation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Financial Service Consulting Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Healthcare
10.10.3 Telecom and IT
10.10.4 Government and Public Utilities
10.10.5 Retail
10.10.6 Real Estate
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Financial Service Consulting Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Financial Service Consulting Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Financial Service Consulting Market Size Forecast by Type
11.6.1 Corporate Finance
11.6.2 Transaction Services
11.6.3 Restructuring
11.6.4 Risk Management
11.6.5 Forensics and Litigation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Financial Service Consulting Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Healthcare
11.10.3 Telecom and IT
11.10.4 Government and Public Utilities
11.10.5 Retail
11.10.6 Real Estate
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Financial Service Consulting Analysis and Forecast
12.1 Introduction
12.2 Latin America Financial Service Consulting Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Financial Service Consulting Market Size Forecast by Type
12.6.1 Corporate Finance
12.6.2 Transaction Services
12.6.3 Restructuring
12.6.4 Risk Management
12.6.5 Forensics and Litigation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Financial Service Consulting Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Healthcare
12.10.3 Telecom and IT
12.10.4 Government and Public Utilities
12.10.5 Retail
12.10.6 Real Estate
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Financial Service Consulting Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Financial Service Consulting Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Financial Service Consulting Market Size Forecast by Type
13.6.1 Corporate Finance
13.6.2 Transaction Services
13.6.3 Restructuring
13.6.4 Risk Management
13.6.5 Forensics and Litigation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Financial Service Consulting Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Healthcare
13.10.3 Telecom and IT
13.10.4 Government and Public Utilities
13.10.5 Retail
13.10.6 Real Estate
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Financial Service Consulting Market: Competitive Dashboard
14.2 Global Financial Service Consulting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 McKinsey & Company
14.3.2 Bain & Company
14.3.3 KPMG
14.3.4 Deloitte
14.3.5 Centric Consulting
14.3.6 PA Knowledge
14.3.7 L.E.K. Consulting
14.3.8 Ernst & Young
14.3.9 Boston Consulting
14.3.10 Capco
14.3.11 Delta Capita
14.3.12 BearingPoint
14.3.13 Alvarez & Marsal
14.3.14 Innopay
14.3.15 Elixirr International
14.3.16 Projective
14.3.17 Mazars
14.3.18 NEXTCONTINENT
14.3.19 CCG Catalyst
14.3.20 Korn Ferry
